Reported about 1 year ago
Gaoli (8996) held a shareholders' meeting on June 20, 2024, and announced that due to the increasing demand for liquid cooling in servers, related products have become a significant source of revenue besides plate heat exchangers and thermal energy products. The company is considering establishing a third production base overseas, possibly in Thailand, to meet the growing demand. Gaoli's revenue and profit surged last year, driven by the rising need for server cooling solutions in the era of AI advancements. The company's advanced heat treatment and recovery technologies anticipate a significant revenue increase, with plans to strengthen supply chains and expand production capacity.
Source: YAHOO