As industry leaders embrace fully liquid-cooled computing power architectures and various regions implement increasingly stringent policies to manage energy consumption in computing, liquid cooling technology has emerged as a cornerstone for constructing ultra-high-density AI computing centers. Consequently, the industry's adoption rate of this technology is experiencing a steady acceleration. In the A-share market, stocks associated with the liquid cooling concept have demonstrated remarkable growth, averaging over 19% this year. Notably, Binglun Environment, Dingtong Technology, and Shenling Environment have all surged by more than 144%. From the perspective of institutional research, 19 stocks linked to the liquid cooling concept have drawn attention from institutions. Particular stocks like Sanhua Intelligent Controls and Dingtong Technology have been the focus of multiple research efforts by these institutions. In terms of capital inflows, 10 stocks within the liquid cooling concept have seen a net purchase of financing funds exceeding 100 million yuan this year, with Juhua Co., Ltd. and Shenling Environment being among them.