Smarter Energy(SH:600869)2026-02-27 02:20Company and Industry Summary Company: Far East Holdings Group (远东股份) Key Points 1. Liquid Cooling Technology The company has developed a unique bionic bifurcation microchannel liquid cooling plate, which is the only one in the market. The expected price for the next generation liquid cooling plate is projected to be 2 to 3 times the GB200 price per chip. Current internal testing shows very good stability, and if the NV Taiwan team's testing results are favorable, the company is expected to capture a significant market share. Under neutral conditions, a market value increase of at least 500 billion is anticipated [1][2][3] 2. Optical Fiber Segment The company has a complete industrial chain layout for optical rods and optical fibers, benefiting from the overall price increase trend. Production is set to expand to 26 million core kilometers by mid-year and 52 million by the end of next year, with a unit price exceeding 100 yuan. The expected market value increase from this segment is projected to be over 500 billion [1][2][3] 3. Core Business Recovery The fundamental business is recovering, benefiting from submarine cables and the ramp-up of wind power. The new energy business continues to reduce losses, with overall profits estimated between 6 to 7 billion. The valuation stands at 150 billion, with a target market value of over 1,150 billion, while the current market value is just above 300 billion. Continuous recommendation for investment is advised [1][2][3]