Core Viewpoint - The company has made significant advancements in server liquid cooling technology, holding over 800 core patents and actively participating in the establishment of industry standards [2]. Group 1: Company Innovations - The company has launched a full-stack liquid cooling product line, with all server products supporting cold plate liquid cooling [2]. - It offers a comprehensive lifecycle solution for liquid cooling data centers, from planning and design to construction, aimed at creating energy-efficient data centers [2]. Group 2: Patents and Standards - The company holds more than 800 patents in the field of liquid cooling technology [2]. - It has participated in the formulation of over 20 design technical standards related to cold plate and immersion liquid cooling [2]. - The company has led the drafting of the first domestic core component standards for cold plate liquid cooling and the first technical standards for liquid-gas heat exchange liquid cooling data centers, laying the groundwork for international standards in the liquid cooling sector [2].

Core Viewpoint - The report from Guosheng Securities highlights that Inspur Information achieved a net profit attributable to shareholders of 799 million yuan in the first half of the year, representing a year-on-year increase of 34.87% [1]. Financial Performance - The net profit attributable to shareholders after deducting non-recurring gains and losses was 672 million yuan, showing a year-on-year growth of 61.1%, which aligns with market expectations [1]. Product Innovation - The company launched the Yuan Nao R1 inference server, which is the first in the industry to support 16 standard PCIe double-width cards in a single machine [1]. - Inspur Information released the Yuan Nao Qizhi DeepSeek integrated machine to empower customers and partners for rapid deployment of large models [1]. - In the storage sector, the company introduced the high-end storage product HF18000G7, featuring an innovative Yuan Pan architecture and iTurbo 7.0 intelligent engine [1]. Comprehensive Solutions - The company provides a full lifecycle overall solution for liquid-cooled data centers, from planning and design to construction and implementation, aimed at creating green and energy-efficient data center turnkey projects for users [1]. Patent and Standardization Efforts - Inspur Information is actively engaging in patent layout in the liquid cooling field and is leading standard construction, laying the foundation for excellent domestic liquid cooling solutions to enter the global market [1]. Industry Outlook - In the medium to long term, the rapid development of AIGC (Artificial Intelligence Generated Content) in China and vigorous investment in computing power are expected to benefit the company as a leading server manufacturer amid technological advancements [1].