A strategic partnership and controlling stake acquisition agreement has been formally established between AAC TECH (02018) and Yuandi (Guangzhou) Digital Technology Co., Ltd., referred to as Yuandi Technology. This acquisition is set to drive a deep integration of the two companies' technologies, resources, and market capabilities, marking a new strategic initiative for AAC TECH in the fields of data center liquid cooling, AI server thermal management, and high-end thermal solutions.
Founded in 2021, Yuandi Technology is a leading manufacturer of liquid cooling products and a national high-tech enterprise. The company focuses on critical application scenarios such as data centers, energy storage, and industrial automation, having developed a comprehensive series of ATAHORAN liquid cooling products. This portfolio includes single-phase immersion, phase-change immersion, single-phase cold plates, and two-phase cold plates. Its core technological competencies encompass key areas like liquid cooling system design, precise temperature control algorithms, and long-term water quality management. Since its inception, the company has consistently achieved year-on-year doubling of new order volumes.
Leveraging solid technical expertise and product strength, Yuandi Technology has established a global business presence, with its market reach extending across Southeast Asia, Europe, and North America. As a top-tier liquid cooling supplier for the internet and financial sectors, the company has successfully implemented multiple benchmark projects. These include China's first liquid-cooled data center in the power industry, the first liquid-cooled data center for a securities firm's core trading system, and the first liquid-cooled intelligent computing center for large models in the insurance industry.
The company has provided large-scale project delivery and services for internet giants such as ByteDance, Baidu, Tencent, JD.com, Alibaba, Pinduoduo, and Meituan. It also maintains deep collaborations with leading financial institutions like Bank of Shanghai, PICC, Guotai Haitong, and Ping An Technology. Furthermore, Yuandi Technology has achieved project compatibility with major domestic GPU manufacturers, including Kunlunxin, Moore Threads, MetaX, Enflame, and Huawei's Ascend series, with its product implementation rate and customer repurchase rate consistently ranking among the top in the industry.
This acquisition represents a critical strategic upgrade for AAC TECH's thermal business. Building on the technical advantages accumulated in the consumer electronics sector, AAC TECH has already developed a diverse portfolio of thermal products covering AI devices, smart vehicles, and robotics, securing its position as a leading global supplier in consumer electronics thermal management. The integration of Yuandi Technology will empower AAC TECH to accelerate its expansion from device-level thermal management to AI infrastructure cooling, enabling synergistic growth across both "device + infrastructure" tracks.
Looking ahead, the two companies will deepen their technological, resource, and industrial collaboration. They aim to promote the application of liquid cooling solutions in more emerging scenarios, continuously increase their global market share, and jointly seize the multi-billion-dollar market opportunities arising from the explosion in AI computing power. This effort is intended to support the global AI industry in achieving efficient, energy-saving, and sustainable high-quality development.