根据艾为电子的公告，公司自主研发的超低功耗高压180Vpp压电微泵液冷驱动产品已完成多家客户验 证测试，计划于2025年第四季度实现批量量产。 艾为电子证券部相关人员对《科创板日报》表示，该产品在今年6月份已经完成客户的验证。预计在年 底（Q4）客户会有拉货动作或应用于新机型，但目前暂未出现新进展。 虽然市场上传言Mate80可能提前发布并采用液冷解决方案，但艾为电子表示并未掌握额外信息。 OPPO已经把"自带风扇"的主动散热系统引入中端产品，还有华为等多家厂商在测试评估 中。 近日有消息称，华为Mate80系列或将搭载主动散热风扇+微泵液冷双轨方案。《科创板日报》从产业链 人士了解到，华为确实在开展相关探索，但是否搭载在mate80上仍存在不确定性。 《科创板日报》记者还了解到，目前主动散热风扇并不止一家手机厂商在测试。其中，OPPO K13Turbo 系列已经把"自带风扇"的主动散热系统引入中端产品。除了OPPO外，还有多家厂商在测试评估中。 在液冷技术方面，华为在Mate60时期就已推出了微泵液冷手机壳。不少安卓旗舰机型还采用了VC液冷 散热技术。据媒体报道，iPhone17 Pro系列散热系统或也将首 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% relative to the industry index in the next six months [4][19]. Core Viewpoints - The company has launched the SC3601 piezoelectric liquid cooling driver chip, which significantly enhances heat dissipation performance in mobile smart terminals, filling a gap in domestic technology [1][2]. - The demand for advanced cooling solutions is driven by the increasing power consumption and heat generation of AI chips, creating a substantial market opportunity for the company's products [2][9]. - The company is well-positioned to benefit from the recovery in the consumer electronics market and the growth in automotive electronics, with expectations of continued revenue and profit growth in the coming years [3][10]. Financial Summary - Revenue is projected to grow from 1,780 million yuan in 2023 to 4,814 million yuan in 2027, with a compound annual growth rate (CAGR) of approximately 36.9% [1]. - Net profit is expected to increase from 261 million yuan in 2023 to 719 million yuan in 2027, with notable growth rates in subsequent years [1][10]. - The company's gross margin is forecasted to be around 40.12% in 2024, with net profit margins of 11.95% [3][12]. Market Potential - The global analog chip market is projected to reach 84.1 billion USD in 2024, with a growth rate of 3.7% compared to 2023, driven by demand in AI, high-performance computing, and electric vehicles [9]. - The company is expanding its product offerings in industrial and automotive electronics, capitalizing on the increasing demand for sensors and communication chips in smart vehicles [9][10].