On May 29, AAC Technologies rose 3.42% in regular trading, trading at HK$44.9/share, with trading volume of HK$81.47 million, rebounding swiftly after the prior session's pullback and extending its recent strong run.
On the news front, the company's subsidiary Yuandi Technology has achieved mass production of its ATAHORAN series 2.2MW/2.6MW liquid cooling CDU units, with monthly capacity reaching 400 units, ranking among the global top three. NVIDIA has confirmed that its next-generation flagship AI platform will fully adopt liquid cooling solutions, accelerating industry-wide thermal management demand. AAC's order book now spans North America, Europe, and Southeast Asia, with batch deliveries secured from multiple leading internet enterprises. Additionally, CMBI recently raised its EPS forecasts for the company by 8%-12% for 2025-2027 and lifted its target price to HK$63.54, maintaining a Buy rating, while Citi previously upgraded 2026-2028 EPS estimates by 4%/3%/2%, citing iPhone VC thermal module ASP growth and data center business upside.
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