AAC TECH's stock surged 5.00% during intraday trading on Thursday, extending its recent strong performance in the market.

The rally appears to be driven by multiple positive catalysts. According to a Citi research report, Apple has raised its iPhone inventory buildup plan amid improving demand in the Chinese market, projecting a dual boost from restocking and valuation recovery for core hardware supply chains. Citi explicitly flagged AAC Technologies as a key Apple supply chain beneficiary with rising allocation value.

Additionally, institutional buying sentiment received a boost as BlackRock increased its stake in AAC Technologies, raising its holding ratio above the 5% threshold. The company also announced a technological breakthrough, with its subsidiary achieving mass production of high-power centralized liquid cooling CDU units for AI data centers and commencing global batch deliveries, positioning it firmly in the industry's top tier for next-generation thermal management solutions.