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Suzhou Tianmai (301626.SZ) has unveiled its intention to co-invest 100 million yuan alongside Li Wei, Liu Xiaochuan, and Lv Lei, aiming to establish a joint venture entity named Tianmai Shengtong Technology (Suzhou) Co., Ltd. In this venture, Suzhou Tianmai will secure a dominant 92.5% ownership stake. The primary focus of this joint venture will be on the research and development, manufacturing, and marketing of server liquid-cooling solutions, with the goal of progressing relevant projects in accordance with the set plans. The collaborators intend to harness their combined strengths and synergies. Notably, Li Wei and the other two partners bring a wealth of experience and resources to the table, and are anticipated to propel the growth of business products and facilitate customer acceptance processes.
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