CZTL(SH:603158) Ge Long Hui A P P·2026-01-04 11:18Core Viewpoint - The company Tenglong Co., Ltd. (603158.SH) has announced the establishment of a joint venture, Shenzhen Tenglong Dingtai Technology Co., Ltd., with Guangdong Dingtai Electric Power Technology Co., Ltd., focusing on the development and production of liquid cooling components for data centers [1] Group 1: Joint Venture Details - The total investment for the joint venture is set at 30 million yuan, with Tenglong Intelligent Control holding a 70% stake, amounting to an investment of 21 million yuan [1] - The joint venture will primarily engage in the research, production, sales, and technical services of liquid cooling components, including manifolds, CDU loop pipes, metal corrugated pipes, and server cabinets [1] Group 2: Market and Production Plans - The registered address of the joint venture is in Qianhai, Shenzhen, and it aims to develop and expand the market for server liquid cooling products [1] - The company plans to establish production bases in stages targeting markets in South China, East China, and Northwest China [1] - The board has authorized the chairman to sign resolutions regarding the establishment of production bases for the joint venture within the investment limit of 30 million yuan [1]