Core Viewpoint - The company plans to invest 61.2 million yuan to acquire a 51% stake in Shenzhen Guanding Metal Technology Co., aiming to expand its product and business offerings in the AI server liquid cooling sector [1] Group 1 - The investment amount is 61.2 million yuan for the acquisition of 51% equity in Shenzhen Guanding [1] - The subsidiary Dongguan Keli Star Electronics Co., Ltd. will increase its capital by 2.22222 million yuan, with the original actual controller of Shenzhen Guanding or a designated third party contributing 30 million yuan [1] - The strategic focus of this investment and capital increase is to further develop products and services related to AI server liquid cooling [1]

Core Viewpoint - The company plans to invest 61.2 million yuan in Shenzhen Guanding Metal Technology Co., Ltd., acquiring a 51% stake, which is a strategic move to expand into AI server liquid cooling products and business [1] Investment Details - The investment will be made using the company's own funds amounting to 61.2 million yuan [1] - The subsidiary Dongguan Keli Star Electronics Co., Ltd. will increase its capital by 2.22 million yuan, while the original actual controller of Shenzhen Guanding or a designated third party will contribute 30 million yuan [1] Approval and Transaction Nature - The transaction has been approved by the company's second board meeting, the 29th session, and does not constitute a related party transaction or a major asset restructuring, thus not requiring shareholder approval [1]

Core Viewpoint - The company plans to invest 70 million yuan to acquire a 35% stake in Dongguan Aluminum Treasure Metal Technology Co., Ltd, which specializes in the R&D, production, and sales of precision aluminum alloy structural components for the computing power sector [1][2] Group 1: Investment Details - The investment aims to enhance the company's presence in the AI server liquid cooling and related product sectors [2] - The target company generates approximately 40% of its revenue from precision structural components for AI server cooling modules, primarily used in NVIDIA's AI servers [1] Group 2: Market Position and Growth - The target company has established continuous mass production supply to key clients such as NVIDIA and has seen a rapid increase in order volume since 2024 [1]

Group 1 - The core viewpoint of the news is that Yidong Electronics has shown strong performance in the first half of 2025, with a revenue of 1.009 billion yuan, representing a year-on-year growth of 27.77%, and a net profit of 6.0027 million yuan, indicating a recovery from previous declines [1] - Yidong Electronics specializes in the research, production, and sales of precision electronic components such as FPC, connectors, and LED backlight modules, and holds several core technologies, positioning itself as a leader in China's precision electronic components industry [1] - The company has excelled in the connector industry, benefiting from the rapid development of AI technology, which has led to sustained growth in market demand, particularly in communication and new energy connectors [1] Group 2 - Yidong Electronics is actively participating in the new energy vehicle and energy storage markets, with a significant increase in demand for related products during the reporting period [1] - The demand for the company's products has also been driven by the consumer electronics, AI+AR smart terminal, and robotics industries, especially in smartphones and wearable devices, where its FPC products are widely used [1] - Recently, Pinda Technology's chairman and core team visited Yidong Electronics to discuss collaboration on AI server liquid cooling heat dissipation business, focusing on the cooperation for liquid cooling modules [2]