CZTL(SH:603158) Di Yi Cai Jing·2026-01-04 08:34Group 1 - The core point of the article is that Tenglong Co., Ltd. has announced the establishment of a joint venture with Guangdong Dingtai Electric Technology, aiming to leverage its automotive thermal management technology for rapid adaptation to server scenarios [1] - The total investment for the joint venture, Shenzhen Tenglong Dingtai Technology Co., Ltd., is set at 30 million yuan, with Tenglong Zhikong holding a 70% stake [1] - Tenglong Zhikong will also sign an investment intention agreement with Guangdong Dingtai Electric Technology to acquire up to 15% of its shares through capital increase and share transfer [1] Group 2 - The joint venture, Tenglong Dingtai, will focus on the research, production, sales, and technical services of liquid cooling components for computing centers, including manifolds, CDU loop pipes, metal corrugated pipes, and server cabinets [1]