当消费电子迎来AI赋能的迭代浪潮，当新能源产业驶入高质量发展的快车道，捷邦科技(301326.SZ)正 以精密制造为基、以技术创新为翼，在两大黄金赛道上"换挡加速"，从精密制造领军者向多元化科技创 新企业跃升。 锚定高增长黄金赛道，打造新的业绩增长极 精准的赛道布局是捷邦科技未来持续成长的关键。目前，公司已构建起"消费电子精密制造+新能源新 材料"的双轮驱动格局。与此同时，捷邦科技还紧抓算力基础设施升级机遇，推出液冷散热模组产品， 获得了北美大客户送样资格，未来或有望成为公司新的利润增长点。 在消费电子领域，捷邦科技通过收购赛诺高德，实现了VC均热板蚀刻加工技术的突破，成为少数进入 果链的散热部件厂商之一。据了解，赛诺高德是国内手机VC均热板蚀刻加工领域的头部企业，在过去 多年的经营发展中沉淀了不少优质客户，也积累了过硬的技术能力与充足的产能储备，并且获得北美A 客户一级供应商代码。 随着赛诺高德进入并表带来的消费电子业务发力，捷邦科技的经营业绩从今年第三季度开始扭转。财报 显示，公司今年第三季度实现营收5.24亿元，同比增幅109.33%，实现归属于上市公司股东的净利润 2,544.72万元，同比激增加29 ...

Core Viewpoint - The company's quarterly performance fluctuations are primarily influenced by changes in market demand within the consumer electronics industry, the product launch cycles of major clients, and the ramp-up progress of new products [1] Group 1: Business Performance - The company has seen rapid revenue growth in its server cooling products, including core components of thermal modules and TIM materials, which are supplied in bulk to server manufacturers [1] - The company is actively promoting the customer introduction, product certification, and mass production supply of liquid cooling thermal modules [1] Group 2: Production Capacity and Investment - The company is gradually increasing investment in the production capacity of thermal modules at its Yixing production base to meet customer order demands [1] - Current production capacity is sufficient to satisfy customer orders [1] Group 3: Future Strategies - The company plans to expand its business scale by enhancing core product research and development, broadening its customer base, optimizing production processes, and improving capacity utilization [1]

Core Viewpoint - The company's quarterly performance fluctuations are primarily influenced by changes in market demand within the consumer electronics industry, the product launch cycles of major clients, and the ramp-up progress of new products [1] Group 1: Business Performance - The company has seen rapid revenue growth in its server cooling products, including core components of thermal modules and TIM materials, due to bulk supply to server manufacturers [1] - The company is actively promoting the customer introduction, product certification, and mass production supply of liquid cooling thermal modules [1] Group 2: Production Capacity and Investment - The company is gradually increasing investment in the production capacity of thermal modules at its Yixing production base to meet customer order demands [1] - Current production capacity is sufficient to satisfy customer orders [1] Group 3: Future Strategies - The company plans to expand its business scale by increasing core product research and development, expanding new customer acquisition, optimizing production processes, and enhancing capacity utilization [1]

Group 1: Suspension and Resumption of Trading - Yaxing Chemical is planning to issue shares and pay cash to acquire control of Tianyi Chemical, resulting in a suspension of its stock trading [1] Group 2: Investment Cooperation and Operational Status - Hanjian Heshan signed a procurement contract for reinforced concrete drainage pipes with China Nuclear Industry Huaxing Construction, accounting for 26.29% of the audited revenue for 2024 [2] - Qiangrui Technology plans to invest 70 million yuan to acquire a 35% stake in aluminum cooling technology company Alubao, which supplies cooling modules for AI servers, GPUs, and new energy vehicle electronics [2] - Dagang Co. intends to increase its investment in chip testing company Aike Integrated by 90 million yuan, raising its stake to 78.79% [3] - Huitian New Materials signed a strategic cooperation agreement with Tailan New Energy to collaborate on adhesives for solid-state batteries [4] - Alter established a joint venture with Wuhu Hua'an to develop powertrain projects for new energy vehicles [5] - Greeenme plans to transfer 100% equity of Greeen Recycling Materials for 280 million yuan [6] - Pingzhi Information's subsidiary signed a procurement framework agreement for smart set-top box products with China Telecom [7] - Hongsheng Huayuan's subsidiary is pre-awarded a project from the State Grid worth approximately 584 million yuan [8] - Kairun Co.'s controlling subsidiary signed a 198 million yuan equipment procurement contract with Chengdu BOE [9]

Core Insights - Jiebang Technology has obtained a temporary supplier code from a major North American client, allowing the company to qualify for sample submissions of liquid cooling module products and continue the related product introduction work [2] Industry Summary - The demand for liquid cooling products is increasing due to the rising need for AI servers and the transition of liquid cooling technology becoming the mainstream thermal management solution, presenting development opportunities for domestic manufacturers [2] - However, domestic liquid cooling manufacturers will face significant challenges as established suppliers, particularly from Taiwan, have strong capabilities and substantial investments in liquid cooling solutions [2]

Core Insights - The company reported significant growth in revenue and profit for Q3 2025, with a year-on-year increase in net profit of 297.06% and a remarkable 801.37% rise in non-recurring net profit, indicating strong core business performance [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved revenue of 962 million yuan, a 62.04% increase year-on-year. In Q3 alone, revenue reached 524 million yuan, marking a 109.33% increase, attributed mainly to the acquisition of Sainogao [2]. - The company's gross profit margin for the first three quarters was 32.74%, up 7.07 percentage points from the previous year, while the net profit margin increased by 2.42 percentage points, reflecting improved product competitiveness and cost control [2]. R&D and Growth Strategy - The company invested 67.67 million yuan in R&D in the first three quarters, a 63.57% increase year-on-year, representing 7.03% of its revenue, highlighting its commitment to technological innovation [3]. - The company is strategically positioned in high-growth sectors such as liquid cooling and advanced new materials, leveraging its strong R&D capabilities to support industry upgrades [3][4]. Market Opportunities - With the rise of AI computing demands, the company is focusing on liquid cooling technologies, having secured a temporary supplier code from a major North American client for its liquid cooling module products [3]. - In the new energy sector, the company is capitalizing on the demand for next-generation battery technologies, including solid-state batteries and carbon nanotube conductive pastes, with successful product testing and initial production deliveries to major domestic clients [4][5]. Future Outlook - The company is expected to continue its growth trajectory by advancing its CCS module development for battery connection systems, aiming for breakthroughs that could open new growth avenues [5]. - The overall improvement in performance is driven by industry recovery and strategic investments in new energy and liquid cooling sectors, positioning the company for long-term growth [6].

Core Insights - Jebon Precision Technology Co., Ltd. reported a strong performance in Q3 2025, with a revenue of 524 million yuan, marking a year-on-year increase of 109.33% [1] - The company's net profit attributable to shareholders reached 25.45 million yuan, a staggering increase of 297.06% year-on-year, with a non-recurring profit of 22.57 million yuan, up 801.37% [1] - The significant growth is attributed to the acquisition of Dongguan Sainuo Gaode Etching Technology Co., Ltd., which enhanced Jebon's production capacity and market resources [1] Financial Performance - For the first three quarters of 2025, Jebon achieved a total revenue of 962 million yuan, reflecting a year-on-year growth of 62.04% [1] - The third quarter alone contributed 524 million yuan to the revenue, indicating a strong acceleration in growth [1] Research and Development - Jebon increased its R&D investment to 67.67 million yuan in the first three quarters of 2025, a growth of 63.57% compared to the previous year, surpassing the revenue growth rate [2] Market Positioning - The company is strategically positioning itself in key sectors such as liquid cooling technology, capitalizing on the growth of AI computing power [3] - Jebon has secured a temporary supplier code from a major North American client for its liquid cooling module products, indicating a successful market entry [3] Product Development - In the new energy sector, Jebon has expanded its product line to include high specific surface area carbon black, enhancing its offerings for lithium battery clients [3] - The company is also developing a new generation battery connection system (CCS module), which is critical for electric vehicle battery packs, to meet the growing demand in the EV and energy storage markets [4]

Core Viewpoint - Jebon Technology (301326.SZ) has demonstrated significant growth in both operational scale and profitability in its Q3 2025 report, marking a new phase in its development and performance realization [1] Group 1: Performance and Financials - The company achieved a revenue of 962 million yuan in the first three quarters, representing a year-on-year increase of 62.04%, with Q3 revenue reaching 524 million yuan, a remarkable growth of 109.33% [1] - Net profit attributable to shareholders for Q3 was 25.45 million yuan, a staggering increase of 297.06%, while the net profit excluding non-recurring items soared by 801.37% to 22.57 million yuan, indicating a fundamental improvement in the core business's profitability [1][2] Group 2: Mergers and Acquisitions - The surge in performance is primarily attributed to the merger with Sainogao, which has significantly enhanced Jebon Technology's production capacity, technical reserves, and market resources, laying a solid foundation for future business collaboration and expansion [2] Group 3: Research and Development - Jebon Technology has increased its R&D investment to 67.67 million yuan in the first three quarters, a growth of 63.57% year-on-year, reflecting the management's commitment to driving development through technological innovation [2] Group 4: Strategic Positioning - The company is strategically positioning itself in emerging sectors, particularly in liquid cooling technology for AI computing infrastructure, having secured a temporary supplier code from a major North American client [3] - In the new energy sector, Jebon Technology has expanded its product line to include high specific surface area carbon black, catering to the diverse conductive material needs of lithium battery clients, thus preparing for future advancements in solid-state battery technology [4] Group 5: Growth Outlook - The combination of strategic acquisitions and a focus on innovation is expected to enhance Jebon Technology's core competitiveness and profitability, paving the way for sustained growth [5][6]

Core Viewpoint - The company, Siquan New Materials, has established a production line for liquid cooling products and is capable of large-scale production of liquid cooling modules, confirming its position as a key supplier in the market [1] Group 1 - The company is recognized as the second core supplier of liquid cooling plates for NVIDIA's GB200 chip, following Invec [1] - The company emphasizes that specific business conditions should be verified through official disclosures on designated information platforms [1]

每经AI快讯，有投资者在投资者互动平台提问：市场传闻公司是英伟达液冷服务器散热部件的核心供 应商，其高性能液冷板已通过英伟达验证测试，并进入小批量测试阶段，请问是否属实？ 思泉新材（301489.SZ）10月15日在投资者互动平台表示，公司投资建设了液冷散热产品生产线，已具 备液冷散热模组规模生产能力，具体业务情况请以公司在指定信息披露媒体和平台披露的信息为准。 （文章来源：每日经济新闻） ...