Movement Alert|AAC Technologies Rises 3.41% in Regular Trading, Liquid Cooling CDU Mass Production and Citi EPS Upgrade Continue to Catalyze

Market Focus05-22

On May 22, AAC Technologies rose 3.41% in regular trading, trading at HK$43.14/share, with trading volume of HK$52.61 million. The rally was driven by multiple positive catalysts spanning both its consumer electronics and data center businesses.

On the news front, the company's subsidiary Yuandi Technology achieved mass production of its ATAHORAN series 2.2MW/2.6MW liquid cooling CDU products, with monthly capacity reaching 400 units, ranking among the global top three. Meanwhile, Citi Research recently raised the company's EPS estimates for 2026-2028 by 4%/3%/2% respectively, reflecting iPhone VC thermal module ASP increases and data center new business contributions. Citi noted that iPhone 18 series restocking volume is expected to reach 84 million units in the second half, all high-end models, benefiting AAC's haptic motor and VC thermal businesses with higher market share gains. Citi further expects AAC to enter US cloud service provider supply chains through existing supplier relationships, helping diversify beyond pure consumer electronics exposure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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