As the power consumption of computing chips surges, traditional air cooling technology is struggling to keep pace with the cooling requirements of data centers. With its superior cooling efficiency, liquid cooling technology is transitioning from a mere 'optional choice' to a 'must-have solution'. Recently, the liquid cooling industry has witnessed a flurry of developments. Industry experts note that the sector is progressing from the pilot demonstration phase to full-scale mass production. Statistics reveal that the A-share market boasts nearly 50 concept stocks related to the liquid cooling industry chain. As of April 10, 13 of these concept stocks have seen their prices rise by over 20% since the start of the year, with six, including Shenling Environment and Sinnet Technology, surging by more than 30%. In terms of institutional interest, 16 individual stocks within the liquid cooling industry chain have been the subject of institutional research since the beginning of the year. Nine of these stocks, such as AVIC Jonhon Optronic Technology and Dingtong Technology, have attracted research from over 10 institutions.