On June 4th, Wuyang Zikong made an announcement stating its intention to acquire a 51% stake in Dongguan Kesiyu Liquid Cooling Technology Co., Ltd., through a cash payment of RMB 680.85 million. Upon the completion of this transaction, Kesiyu Liquid Cooling will transform into a majority-owned subsidiary of Wuyang Zikong and will be integrated into its consolidated financial statements. The valuation for this deal is grounded in a report issued by Northern Yashi Asset Appraisal Co., Ltd. Taking March 31, 2026, as the valuation benchmark date, the book value of all equity interests held by Kesiyu Liquid Cooling's shareholders stands at RMB 65.5844 million. In contrast, the market approach valuation amounts to RMB 1.357 billion, resulting in an appraisal premium of RMB 1.2914157 billion. This signifies an impressive appreciation rate of 1,969.09%.
