Hualong Securities Maintains Buy on Yinlun as Liquid Cooling, Humanoid Robot Efforts Pay Off

Hualong Securities said in a research report that Yinlun Co. is maintaining high growth in its digital and energy business, while its layout in liquid cooling and humanoid robots is gradually paying off. The brokerage maintained a “buy” rating on the stock. The report notes that liquid cooling demand is rising with data centers and energy storage, and humanoid robots could open new thermal-management opportunities. Yinlun, traditionally an automotive thermal-management supplier, has been expanding into these adjacent fields. Hualong believes the early investments are beginning to contribute, and the dual drivers of digital energy and robotics may support the company’s medium- to long-term growth. The report did not disclose specific financial targets or timelines. The brokerage sees the transformation as still in its early stages. Investors are watching whether the new businesses can scale profitably.