On May 18, Xingyun Technology made an announcement revealing that its fully-owned subsidiary, Xingyun Zhileng (Shenzhen) Technology Co., Ltd., intends to invest 17.5 million yuan in a collaborative effort to establish a joint venture named Xingyun Zhileng Technology Co., Ltd. This venture will be formed in partnership with Changsha Xianghan Liquid Control Technology Partnership (Limited Partnership), Shenzhen Xingyun Zhileng Capital Investment Partnership (Limited Partnership), along with individuals Jiang Di and Sun Gaofa. The newly established joint venture, boasting a registered capital of 50 million yuan, will immerse itself in a range of activities encompassing the research and development, design, and marketing of liquid cooling equipment. Additionally, it will delve into the exploration, consultation, transfer, and promotion of cutting-edge liquid cooling technologies.