Understanding the Market | LINGYI ITECH rises over 4% during trading, the company covers liquid cooling for North America's computing power leader, and LiMinda has the rare qualification for direct supply from NVIDIA
Complete. Here is the key summaryLINGYI ITECH rose over 4% during the session, reporting HKD 6.95. As a core supplier for AMD, the company's graphics card cooling modules have been shipped in bulk; its subsidiary, Limin Da, has the rare qualification for direct supply from NVIDIA, covering liquid cooling products for leading North American computing power. A research report from Shenwan Hongyuan pointed out that with the ramp-up of NVIDIA's Rubin cabinets, the growth in liquid cooling demand has been underestimated, and Limin Da is expected to break through market share in areas such as cold plates for optical modules
According to Zhitong Finance APP, LINGYI ITECH (01688) rose over 4% during the trading session, and as of the time of publication, it increased by 4.35%, reaching HKD 6.95, with a trading volume of HKD 24.9364 million.
In terms of news, recently, LINGYI ITECH released a record of the main content of its investor relations activities, stating that as a core supplier for AMD, the company collaborates with clients on various product series projects, providing solutions for key aspects such as thermal design optimization and mass production efficiency improvement. Currently, the AMD series graphics card thermal modules produced by the company have achieved bulk shipments. Additionally, the company's holding subsidiary Readore has shown progress in product and customer expansion in the server liquid cooling field, indicating that it is one of the few companies in mainland China to enter the list of top clients RVL/AVL in the North American computing power industry, achieving full coverage of in-cabinet liquid cooling products.
Shenwan Hongyuan's research report pointed out that the current growth rate of liquid cooling demand is underestimated, and NVIDIA's Rubin cabinets are expected to be shipped in volume in the second half of 2026, achieving 100% standard full liquid cooling. Furthermore, the added value of new components such as optical modules, power supplies, and memory is higher. On the other hand, Readore possesses the rare qualification for direct supply from NVIDIA. The firm believes that based on the existing supply of liquid cooling plates, distributors, and UQD, there is potential to gain market share in areas such as optical module cooling plates