Core Viewpoint - Huashu Technology (301157) is accelerating its layout in the liquid cooling business, becoming a core focus in the market [1] Group 1: Company Developments - On February 6, 2026, the company announced plans to acquire liquid cooling-related operating assets from Hangzhou Jinke Intelligent Technology Co., Ltd. for 8.71 million yuan to deepen its infrastructure industry chain [1] - On February 11, 2026, the company established a wholly-owned subsidiary, Hangzhou Huayu Thermal Control Technology Co., Ltd., with a registered capital of 10 million yuan, focusing on the research, production, and sales of liquid cooling products [1] - These initiatives are expected to transform Huashu Technology from a product supplier to a digital infrastructure system integrator, potentially opening a second growth curve [1] Group 2: Stock Performance - Following the liquid cooling business layout, Huashu Technology's stock price has shown strong performance, closing at 59.52 yuan on February 12, 2026, with a single-day increase of 4.64% and a turnover rate of 24.49% [2] - As of February 13, 2026, the stock price was reported at 58.97 yuan, with a cumulative increase of 11.10% over the past five days and a trading volume of 1.63 billion yuan [2] - The number of shareholders increased to 7,748 as of February 10, 2026, reflecting a 3.2% rise in interest [2] Group 3: Institutional Perspectives - Institutions are optimistic about the prospects of liquid cooling technology, with Guotai Junan Securities reporting that 2025 will be a pivotal year for the technology's implementation in data centers [3] - TrendForce predicts that the penetration rate of liquid cooling in AI data centers will rise significantly from 14% in 2024 to 33% in 2025, indicating ongoing growth and opportunities for related companies [3]
华塑科技加速布局液冷业务，股价近期表现强势