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The stock price hits the "one" character limit for the daily decline, with performance significantly dropping. The leading liquid cooling stock, Yingweike, responds with the latest statement.
On April 21, the liquid-cooled leading stock Yingwei Ke opened with a “one” character limit-down, with the stock price at 108.97 yuan per share, down 10%. Regarding the news, Yingwei Ke released its Q1 2026 quarterly report on the evening of April 20. In the first quarter of 2026, the company achieved a total operating revenue of 1.18B yuan, a year-on-year increase of 26.03%; net profit attributable to shareholders of the listed company was 8.6576 million yuan, a decrease of 81.97% year-on-year. The net cash flow from operating activities was approximately -386M yuan, compared to about -171M yuan in the same period last year. Yingwei Ke responded to reporters, saying: “The company’s gross profit margin has declined mainly due to product structure adjustments. Some of the company’s projects have relatively long cycles, and the collection period for some accounts receivable is also relatively long, so provisions for bad debt impairment have been made. Additionally, the company has some foreign exchange losses in financial expenses. The company is currently operating normally, subject to subsequent announcements.” ( China Securities Golden Bull )