Lens(SZ:300433) Cai Fu Zai Xian·2026-01-08 01:08Group 1 - The introduction of micro-channel cold plates by Nvidia's Rubin platform (VR200) signifies a shift from traditional cooling components to precision micro-nano devices, aligning with the competitive advantages of Lens Technology (300433.SZ)(06613.HK) and Yuan Shi (Pinda) [1] - Traditional cold plates rely on skiving processes, which have reached their physical limits, while micro-channel technology requires the creation of micron-level high-density flow channels on copper plates, an area where Lens Technology excels [1] - Lens Technology's expertise in photolithography, chemical etching, and laser micro-machining in the glass/ceramic sector can be directly applied to metal micro-channel manufacturing, offering superior precision compared to traditional CNC methods [1] Group 2 - Yuan Shi Technology, as an exclusive OEM for Pinda's liquid cooling, holds the rare Nvidia RVL certification and micro-channel thermal design IP, addressing the entry barrier issue [2] - Lens Technology leverages its automated production capacity to solve the large-scale delivery challenge, enabling it to take on millions of micro-channel cold plate orders for the Rubin platform [2] - The transformation in cooling technology represents a replacement of traditional hardware with precision manufacturing, allowing Lens Technology to capitalize on this technological upgrade through its partnership with Pinda and Yuan Shi [2]