SuperX (SUPX) enters JV, takes 35% stake in AI liquid cooling
SuperX AI Technology Limited reported that its wholly owned subsidiary, SuperX AI Solution Limited, entered into a joint venture agreement with Hongkong Chengtian Weiye Technology Company Limited and affiliates to form SuperX Cooltech Pte.
Rhea-AI Filing Summary
SuperX AI Technology Limited reported that its wholly owned subsidiary, SuperX AI Solution Limited, entered into a joint venture agreement with Hongkong Chengtian Weiye Technology Company Limited and affiliates to form SuperX Cooltech Pte. Ltd. in Singapore. SuperX AI Solution will hold a 35% equity interest, with the balance held by the Chengtian Weiye partners.
The JV combines SuperX’s AI system integration with Chengtian Weiye’s thermal management components under the cooperative brand “SuperX Cooltech” to provide liquid cooling products and infrastructure solutions to the global market, excluding mainland China, Hong Kong SAR, and Macau SAR. The transaction was approved by the board, and a press release titled “SuperX and Chengtian Weiye Establish Joint Venture SuperX Cooltech to Jointly Launch AI Liquid Cooling Solutions” was furnished as Exhibit 99.1.
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Insights
Strategic JV; minority stake in global AI cooling outside Greater China.
SuperX is forming a Singapore-based JV with Chengtian Weiye, taking a 35% equity position. The venture pairs AI system integration with thermal management components to offer liquid cooling solutions under the “SuperX Cooltech” brand.
The addressable geography excludes mainland China, Hong Kong SAR, and Macau SAR, focusing the JV on international markets where AI data center build-outs drive demand for liquid cooling. As a minority holder, SuperX’s control is limited to its ownership terms as disclosed.
No financial contributions, revenue sharing, or timelines are provided in the excerpt. Actual business impact will depend on commercial execution and future disclosures in company filings.
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