Changes in Hong Kong stocks | Minshi Group (00425) rose more than 4% a few days ago to announce that its subsidiary has received an order for AI server liquid cooling products

Zhitongcaijing · 11/04/2025 01:49

The Zhitong Finance App learned that Minshi Group (00425) rose by more than 4%. As of press release, it had risen 4.04% to HK$37.6, with a turnover of HK$4.549,800.

According to the news, Minshi Group announced a few days ago that the company's subsidiary Jingdian has recently received an order from a Taiwanese AI server manufacturer. According to this, Jingji will design, develop and produce AI server immersion liquid freezers according to customer specifications. As of the announcement date, Precision has already passed the customer's technical verification for the immersion liquid cooler. The related products are expected to be delivered in batches in mid-November 2025. In addition, as of the announcement date, the Group has also passed the water divider technology verification from another Taiwanese AI server liquid cooling system manufacturer and obtained relevant orders. The first batch of products is expected to be delivered by the end of December 2025.

Open Source Securities previously stated that the company is the world's leading supplier of automotive exterior parts and body structural parts. It has formed four major product lines: plastic parts, metal and accessories, aluminum parts, and battery cases, and its customers cover world-renowned automakers. The company's traditional business is growing steadily. The battery box business has benefited from the release of electric vehicles in Europe and is expected to contribute to profit flexibility, and the company has formed a comprehensive global production capacity layout and built capacity barriers. Furthermore, the company is actively developing new tracks such as low altitude, robotics, and AI liquid cooling, which is expected to form a third growth curve.