Core Viewpoint - Suzhou Tianmai plans to establish a joint venture, Tianmai Shengtong Technology (Suzhou) Co., Ltd., focusing on liquid cooling solutions for servers, with a registered capital of 100 million yuan, where Suzhou Tianmai will hold 92.5% [1][2] Group 1: Joint Venture Details - The joint venture will be funded by three partners, who have significant experience in the technology sector, enhancing product development and customer validation [1][2] - The investment has been approved by the company's board and does not require shareholder approval, thus not constituting a related party transaction or major asset restructuring [1] Group 2: Market Context and Strategic Fit - The increasing demand for liquid cooling solutions in the server industry aligns with the company's strategic focus, as it addresses the dual pressures of computational power enhancement and energy consumption constraints [2] - The collaboration is expected to leverage Suzhou Tianmai's strengths in R&D, production, quality control, and branding, creating significant synergies and complementing each other's advantages [2] Group 3: Performance Incentives and Future Outlook - A stock incentive plan has been disclosed, linking the core team's interests to the joint venture's performance, with specific revenue and profit targets set for the years 2026 to 2030 [2][3] - Achieving these targets could open new profit growth avenues for Suzhou Tianmai, transitioning from general thermal management to high-end niche markets, thereby enhancing overall profitability and industry valuation [3]
苏州天脉拟设立合资公司 加码服务器液冷散热赛道