融资方面，英特科技当日融资买入188.09万元。当前融资余额5048.74万元，占流通市值的3.19%，融资 余额低于近一年40%分位水平，处于较低位。 截至9月19日，英特科技股东户数1.30万，较上期增加0.06%；人均流通股4204股，较上期减少0.06%。 2025年1月-6月，英特科技实现营业收入2.01亿元，同比减少9.87%；归母净利润1649.53万元，同比减少 41.75%。 9月29日，英特科技涨0.46%，成交额3308.90万元。两融数据显示，当日英特科技获融资买入额188.09 万元，融资偿还304.67万元，融资净买入-116.58万元。截至9月29日，英特科技融资融券余额合计 5048.74万元。 融券方面，英特科技9月29日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年80%分位水平，处于高位。 来源：新浪证券-红岸工作室 资料显示，浙江英特科技股份有限公司位于浙江省安吉县递铺街道乐三路468号，成立日期2004年11月 17日，上市日期2023年5月23日，公司主营业务涉及高效换热器的研发、生 ...

9月23日，英特科技跌1.32%，成交额6023.57万元。两融数据显示，当日英特科技获融资买入额516.67 万元，融资偿还383.22万元，融资净买入133.45万元。截至9月23日，英特科技融资融券余额合计 5009.33万元。 融资方面，英特科技当日融资买入516.67万元。当前融资余额5009.33万元，占流通市值的3.11%，融资 余额低于近一年40%分位水平，处于较低位。 融券方面，英特科技9月23日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，超过近一年80%分位水平，处于高位。 资料显示，浙江英特科技股份有限公司位于浙江省安吉县递铺街道乐三路468号，成立日期2004年11月 17日，上市日期2023年5月23日，公司主营业务涉及高效换热器的研发、生产及销售。主营业务收入构 成为：换热器82.73%，分配器及其他17.27%。 截至9月19日，英特科技股东户数1.30万，较上期增加0.06%；人均流通股4204股，较上期减少0.06%。 2025年1月-6月，英特科技实现营业收入2.01亿元，同比减少9.87%；归母净 ...

证券研究报告·北交所公司点评报告·专用设备 广厦环能（873703） 2025 中报点评：短期行业需求承压，公司积 极开拓新领域及新市场需求 增持（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 524.38 | 540.98 | 426.50 | 480.21 | 540.97 | | 同比 | 10.14 | 3.17 | (21.16) | 12.59 | 12.65 | | 归母净利润（百万元） | 125.64 | 154.17 | 113.35 | 127.61 | 140.67 | | 同比 | (4.28) | 22.71 | (26.48) | 12.58 | 10.23 | | EPS-最新摊薄（元/股） | 0.83 | 1.02 | 0.75 | 0.85 | 0.93 | | P/E（现价&最新摊薄） | 19.47 | 15.87 | 21.58 | 19.17 | 17.39 | [Tab ...

Group 1 - The core viewpoint of the news highlights the trading performance and financial metrics of Yingtai Technology, indicating a decline in stock price and significant financing activities [1][2] - On August 26, Yingtai Technology's stock price fell by 1.15%, with a trading volume of 131 million yuan. The net financing buy was -2.92 million yuan, with a total financing and securities balance of 73.78 million yuan [1] - The financing balance of Yingtai Technology accounted for 4.13% of its circulating market value, indicating a high level compared to the past year [1] Group 2 - As of August 8, the number of shareholders of Yingtai Technology increased by 35.79% to 16,200, while the average circulating shares per person decreased by 26.36% to 3,373 shares [2] - For the first quarter of 2025, Yingtai Technology reported a revenue of 89.80 million yuan, representing a year-on-year growth of 3.41%, while the net profit attributable to the parent company was 7.27 million yuan, down 31.33% year-on-year [2] - Since its A-share listing, Yingtai Technology has distributed a total of 144 million yuan in dividends [3]

Group 1 - The core viewpoint of the news is that Intell Technology's stock has experienced a decline, with significant changes in financing and shareholder metrics [1][2] - On August 21, Intell Technology's stock fell by 2.58%, with a trading volume of 121 million yuan [1] - The financing data indicates that on the same day, the company had a financing buy-in of 12.39 million yuan and a financing repayment of 15.19 million yuan, resulting in a net financing outflow of 2.80 million yuan [1] - As of August 21, the total financing and securities balance for Intell Technology was 73.25 million yuan, accounting for 4.11% of its market capitalization, which is above the 90th percentile of the past year [1] - The company has not engaged in any short selling activities on August 21, with a short selling balance of 0 [1] Group 2 - As of August 8, the number of shareholders for Intell Technology reached 16,200, an increase of 35.79% from the previous period [2] - The average number of circulating shares per shareholder decreased by 26.36% to 3,373 shares [2] - For the first quarter of 2025, Intell Technology reported a revenue of 89.80 million yuan, representing a year-on-year growth of 3.41%, while the net profit attributable to the parent company was 7.27 million yuan, a decrease of 31.33% year-on-year [2] Group 3 - Since its A-share listing, Intell Technology has distributed a total of 144 million yuan in dividends [3]

Core Viewpoint - The appointment of Zhang Rui as COO of Yinte Technology is a strategic move aimed at addressing the company's operational efficiency challenges amid declining revenues and profits, particularly in the context of its focus on liquid cooling technology for data centers [4][5][9]. Company Overview - Yinte Technology, a heat exchanger company with a market value of 3.5 billion yuan, has recently appointed Zhang Rui, a seasoned professional with over 20 years of experience in the HVAC and fluid machinery sectors, as its COO [4][6]. - The company has experienced its first revenue decline post-IPO, with a net profit drop of 41.25% in 2024 [5]. Management Structure - Prior to Zhang Rui's appointment, the management structure was characterized by a family-controlled model, with the chairman and a board member holding over 50% of the shares [6][9]. - The recent changes in the management team, including the appointment of a new financial head, indicate a shift towards a more diversified governance structure [8][10]. Financial Performance - In 2024, Yinte Technology's revenue decreased by 7.4%, prompting the board to approve a capital reserve transfer plan, reflecting confidence in capacity expansion despite market challenges [9]. - The company's stock price has significantly declined, trading at 19.28 yuan per share, down 56% from its IPO price of 43.99 yuan [10]. Market Position and Strategy - Zhang Rui's expertise in sales system restructuring is seen as crucial for Yinte Technology to enhance its operational capabilities and explore new market opportunities, particularly in liquid cooling solutions for data centers [5][9]. - The company aims to balance traditional market demands with new applications in agriculture and industry, leveraging Zhang Rui's cross-domain resource integration skills [9].

Group 1: Company Strategy and Market Position - The company focuses on high-efficiency heat exchanger technology development and application, providing customized solutions for various industries, including new energy vehicles and data centers [2] - The company maintains steady revenue and net profit growth due to increased R&D investment, enhanced product technology, market expansion, and optimized supply chain management [2] Group 2: Core Competitiveness - The company possesses core competitiveness through product positioning, innovative service concepts, and stable product quality, particularly in the light commercial refrigeration sector [2] - Significant investments in the new energy vehicle sector aim to develop innovative automotive air conditioning system piping products, contributing to market reform and development [2] Group 3: Data Center Market Opportunities - The company is developing high-efficiency liquid cooling heat exchange equipment for data centers, with major clients including Invec and Stutz [3] - The rapid growth of cloud computing, big data, and artificial intelligence is expected to expand data center construction, increasing demand for efficient and energy-saving heat exchange equipment [3] Group 4: Financial Performance Indicators - The company's gross and net profit margins are influenced by raw material prices and market competition, with expectations for steady improvement due to a higher proportion of high-value-added products and economies of scale [3] - Efforts to optimize supply chain management and enhance production efficiency are anticipated to further reduce costs and improve profitability [3]

Core Viewpoint - Zhongsheng Technology (Jiangsu) Group Co., Ltd. is actively contributing to global energy solutions through innovative heat transfer technologies, particularly in high-efficiency heat exchangers for extreme conditions, such as the Hail&Ghasha development project [1] Group 1: Innovation and Environmental Responsibility - The company emphasizes "efficiency-oriented environmental protection" as its core philosophy, focusing on energy conservation and resource utilization [4] - Zhongsheng Technology has established the Jiangsu Industrial Energy Conservation Technology Research Institute, leading research and development in energy-saving technologies [4] - The company aims to address energy consumption and pollution issues in high-energy industries through innovative solutions [5] Group 2: Technological Advancements - Zhongsheng Technology has developed a patented ultra-long radial heat pipe low-temperature economizer technology, successfully applied in a million-kilowatt coal-fired power unit [7] - The company has created a torch gas recovery system that converts waste gas into usable fuel, significantly reducing environmental pollution and operational costs for chemical enterprises [8][11] - The high-salt wastewater zero-discharge system developed by Zhongsheng Technology utilizes recovered waste heat for evaporation, achieving zero discharge and converting waste into marketable salt products [14][16] Group 3: Contribution to National Goals - The company aligns with China's "14th Five-Year Plan" to promote green development and aims to reduce energy consumption per unit of GDP by 13.5% [5] - Zhongsheng Technology has implemented projects that significantly reduce emissions, such as the centralized heating system that replaces numerous small boilers, contributing to air quality improvement [21] - The company is committed to supporting national carbon neutrality goals by continuously innovating and enhancing its core technologies [22]

证券简称： 广厦环能 证券代码： 873703 北京广厦环能科技股份有限公司 北京市大兴区金星西路 6 号兴创大厦 702 室 （北京市朝阳区安立路 66 号 4 号楼） 1-1-1 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主判断发行人的投资价值，自主作出投资决策，自行承担股票依法发行后因发 行人经营与收益变化或者股票价格变动引致的投资风险。 1-1-2 北京广厦环能科技股份有限公司招股说明书（申报稿） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律 效力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主 要服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面 ...

证券简称： 广厦环能 证券代码： 873703 北京广厦环能科技股份有限公司 北京市大兴区金星西路 6 号兴创大厦 702 室 北京广厦环能科技股份有限公司招股说明书（申报稿） 本公司的发行申请尚未经中国证监会注册。本招股说明书申报稿不具有据以发行股票的法律效 力，投资者应当以正式公告的招股说明书全文作为投资决定的依据。 本次股票发行后拟在北京证券交易所上市，该市场具有较高的投资风险。北京证券交易所主要 服务创新型中小企业，上市公司具有经营风险高、业绩不稳定、退市风险高等特点，投资者面临较 大的市场风险。投资者应充分了解北京证券交易所市场的投资风险及本公司所披露的风险因素，审 慎作出投资决定。 保荐机构（主承销商） （北京市朝阳区安立路 66 号 4 号楼） 1-1-1 中国证监会和北京证券交易所对本次发行所作的任何决定或意见，均不表明其对注册申 请文件及所披露信息的真实性、准确性、完整性作出保证，也不表明其对发行人的盈利能力、 投资价值或者对投资者的收益作出实质性判断或者保证。任何与之相反的声明均属虚假不实 陈述。 根据《证券法》的规定，股票依法发行后，发行人经营与收益的变化，由发行人自行负 责；投资者自主 ...