Jinfu Technology with 3 limit-up days in 6 days: The acquired target company has recently initiated capacity expansion plans for its liquid cooling business, and the additional capacity is expected to be gradually released starting at the end of May.

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Mars Finance News, April 21 — Jinfu Technology has released an announcement regarding its Investor Relations Activity Record Form. The company entered the liquid cooling business by acquiring 51% equity interests in Zhuohui Metal and Lianyi Thermal Energy. The target companies have already entered the supply systems of leading manufacturers in the liquid cooling field, such as Qihong Electronics, Baode Technology, and Shuanghong Electronics, and ultimately serve end customers including leading technology customers in North America. Currently, the core production lines of the target companies are approaching saturation. The company has recently initiated capacity expansion arrangements, and, together with its capacity expansion and customer order situations, production capacity is expected to be gradually released starting in late May. In the long term, the company will advance capacity expansion in an orderly manner based on order acquisition conditions and the pace of customer demand.

For customer expansion, in addition to its core customers, the company has also carried out business cooperation with some other customers. In the near term, it has added cooperation with customers including Delta and BYD Electronics, and has begun supplying in small batches; Foxconn is also in the sample testing stage. In terms of product direction, the target companies will accelerate the speed of capacity expansion and continue to explore liquid cooling product application areas with significant room for development and sales scale, including manifold water distributors, liquid cooling products applied to optical modules, and other liquid cooling products. (Kegu Bao Report)

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