Orders are booked solid through 2027, with revenue growth surpassing 400%, yet production capacity is struggling to keep pace with delivery demands... This isn't a tale spun by internet behemoths but a genuine snapshot of the liquid cooling sector in 2026. Propelled by the escalating demand for AI computing power, liquid cooling technology is transitioning from a "supporting player" to "core infrastructure." Orders are flooding in across the entire industrial chain, from upstream suppliers to downstream manufacturers, compelling companies to ramp up production and drawing in new entrants. This "cool" industry, ignited by the demand for intelligent computing, is becoming exceptionally "hot." However, multiple interviewees noted that the current liquid cooling industry is fiercely competitive, with divergent technological paths and rapidly evolving manufacturing processes. In this race, only companies that have secured spots in the core supply chains of domestic and international giants, mastered key processes, and demonstrated continuous innovation capabilities will rise to the top and reap the industry's rewards.