Kesen Technology announced a private placement to raise up to 1.102 billion yuan, primarily to acquire a 53.26% stake in Huizhou Zhanggu Technology, a liquid cooling component maker for AI servers, and to fund robotics and smart terminal precision component projects.
Kesen Technology is transforming into a key supplier for AI and robotics, making it a compelling growth story.
Free preview — more China A-share & HK research · About Us · Legal & Privacy