Lingyi iTech plans to inject RMB 816 million in cash into its controlled subsidiary, Dongguan Liminda Electronic Technology Co., Ltd. Following the capital increase, Lingyi iTech will hold a 51% stake in Liminda, which will remain consolidated in the company's financial statements. Liminda primarily develops thermal management hardware—including liquid cooling quick-disconnect connectors and manifolds for servers—as well as busbars. As a core supplier to a leading North American computing power company, Liminda continues to deliver liquid cooling and power products in bulk to leading overseas computing power enterprises, supply chain partners, server OEMs, and power solution providers.
