Lingyi Itech surges over 4% in intraday trading, establishing AIDC business headquarters and mass production center in Suzhou Xiangcheng

Deep News
08/13

Lingyi Itech (Guangdong) Company (HKEX: 01688) saw its stock price climb more than 4% during intraday trading. As of press time, the shares were trading 2.60% higher at HKD 6.31, with a turnover of HKD 58.59 million.

According to the company's official social media account, on August 12, the signing ceremony for the AIDC business headquarters and mass production center project was successfully held in Suzhou Xiangcheng. Through this series of strategic moves, Lingyi Itech has established its AIDC business headquarters in Suzhou Xiangcheng, completing its product portfolio for server liquid cooling, server power supplies, and complete server rack integration. This will accelerate mass production, joint experiments, and industrial platform collaboration.

Additionally, in the AIDC business segment, the company leverages its subsidiary Liminda's liquid cooling technology combined with Salcomp's server power supplies to create a unique cold-electricity integration barrier. Its products have received certification from leading overseas computing clients.

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