领益智造并购立敏达 完善AI服务器硬件全链条布局

Core Insights - The AI server industry is experiencing a high prosperity across the entire supply chain, with significant order fulfillment and capacity growth in 2026, particularly in liquid cooling technology, which has transitioned from an optional configuration to a necessary standard due to high-power chip technology iterations [1] - The liquid cooling server market in China is projected to exceed 80 billion yuan in 2026, representing a 160% year-on-year growth, with the penetration rate of liquid cooling in AI servers soaring from 45% in 2025 to 74% [1] - The acquisition of Dongguan Liminda Electronic Technology Co., Ltd. by Guangdong Lingyi iTech Co., Ltd. is a strategic move to capitalize on the booming AI server industry and the rigid growth in liquid cooling demand, enhancing the company's hardware layout in the AI server supply chain [1] Company Strategy - The acquisition of Liminda is a core initiative for Lingyi iTech to solidify its position in the computing infrastructure sector, achieving comprehensive coverage from power supply to cooling in the AI server domain [2] - Lingyi iTech's liquid cooling business is expected to continuously release performance elasticity, positioning the company as a key beneficiary of the AI server industry's explosive growth [2]