Envicool(SZ:002837)2023-04-27 10:14Group 1: Financial Performance - The net profit attributable to shareholders in Q1 increased significantly due to revenue growth and improved gross margin [4] - The company plans to distribute a cash dividend of 1.90 CNY per 10 shares, totaling 82,573,473.70 CNY (including tax) [2] - The total share capital for the dividend distribution is 434,597,230 shares, with an additional capital reserve conversion of 3 shares for every 10 shares held, totaling 130,379,169 shares [2] Group 2: Business Operations - In Q1, the company experienced a significant increase in orders for energy storage temperature control products, indicating a strong growth trend [1] - The liquid cooling products for servers showed a continuous growth trend, although year-on-year comparisons are not suitable due to the small scale of related business in the first half of 2022 [1][3] - The company maintains a good order situation for temperature control energy-saving products [3] Group 3: Market Trends and Strategy - The market demand for energy storage is expected to grow rapidly in the coming years [5] - The company emphasizes its differentiated advantages in temperature control energy-saving products based on a unified technology platform and strong R&D investment [2] - The company is actively expanding its overseas energy storage customer base, although specific details are not disclosed due to NDA requirements [3] Group 4: Research and Development - The company is committed to continuous investment in electronic cooling business, which includes CPU, GPU, IGBT, and RF amplifier thermal management solutions [4] - The company has developed both cold plate and immersion cooling technologies, which coexist rather than replace each other [4] - The company has a strong competitive advantage in large cloud computing data centers due to its leading products and extensive implementation experience [3]