Shenzhen FRD Science & Technology

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) was founded in November 1993 and is headquartered in Guangming, Shenzhen. It specialises in electromagnetic-interference (EMI) shielding materials and thermal-management products, including heat sinks, heat pipes, vapour chambers, liquid-cooling cold plates and thermal interface materials (TIM). Its products are supplied into servers, switches, base-station antennas, consumer electronics and new-energy vehicles, and it is a significant supplier within the Huawei ecosystem. Rising AI-server rack density has made liquid-cooling cold plates and TIM a key growth area. Revenue reached RMB 6.53 billion in 2025, up 24.7% year on year, with net profit of RMB 365 million, up 60.0%; H1 2026 revenue was RMB 3.71 billion, up 28.6%. Chairman Ma Fei.

• 012025 revenue of RMB 6.53 billion, up 24.7% year on year; net profit of RMB 365 million, up 60.0%.
• 02H1 2026 revenue up 28.6% with net profit up 52.1% year on year.
• 03Supplies cold plates, heat sinks and thermal interface materials into AI servers and data centres.
• 04Chairman Ma Fei (马飞); listed on ChiNext as 300602.SZ.

1. Jan 26, 2017

   IPO

   CNY 3.16 亿

   Source

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