AI server liquid cooling investment is being deeply transmitted to components, and the liquid cooling industry chain is ushering in a critical window for order verification.

As the power consumption of AI chips and the power density of entire racks continue to rise, liquid cooling is transitioning from an energy-saving option in data centers to a basic configuration for high-density computing clusters. Strongray Technology recently announced plans to raise no more than 1.05 billion yuan through a private placement, with a key focus on the production capacity of precision liquid cooling components for AI servers and automation assembly and testing equipment. Feirongda's performance forecast for the first half of the year shows an increase in both volume and price for liquid cooling-related businesses, while companies like AVIC Optoelectronics and Dingtong Technology are also accelerating overseas customer certification in the fields of liquid cooling connectors and high-speed components. Industry insiders generally believe that competition in the sector is shifting from an initial technological route dispute to a competition based on component consistency, automation assembly capabilities, system testing capabilities, and eligibility for mass overseas delivery. The liquid cooling supply chain is entering a critical window for order validation and capacity implementation.