On June 2, AAC Technologies rose 3.07% in regular trading, trading at HK$47.88/share, with trading volume of HK$150 million, extending its recent strong performance following a brief pullback.

On the news front, the company announced that its CoolFan series active cooling chips based on MEMS piezoelectric thin-film technology have completed R&D trials and entered small-batch trial production, with large-scale mass production expected in early 2027. The product is applicable to AI smartphones, smartwatches, XR glasses, and various AI-enabled terminals. Meanwhile, the company's subsidiary Yuandi Technology has achieved mass production of its ATAHORAN series 2.2MW/2.6MW liquid cooling CDUs with monthly capacity of 400 units, ranking among the global top three. NVIDIA has confirmed full adoption of liquid cooling solutions for its next-generation flagship AI platform, accelerating industry cooling demand. Orders now span North America, Europe, and Southeast Asia, with bulk deliveries secured from multiple leading internet enterprises. Goldman Sachs maintains a Buy rating with a target price of HK$62.5, citing growth potential in liquid cooling and AI/AR businesses.

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