Nvidia incident escalates; A-share supply chain companies respond on business conditions.

On November 12, Nvidia officially announced that co-founder and CEO Jensen Huang has resigned from the position of CEO. Regarding "whether it will be affected by the Nvidia incident," Runjian Co., Ltd. stated that under the token factory business model, the supply side focuses on token output, and the company simultaneously improves token output through technical means such as computing power and model optimization. The computing power resource allocation method is more flexible, and the types of servers supporting the computing power business are also more diverse. The company's procurement channels are diversified, which can guarantee computing power demand; in addition to its own computing power, it can also meet computing power demand through various methods such as leasing from partners. The company will continue to improve the computing power supply chain and dynamically allocate resources based on order conditions to support business development. At the same time, according to industry information, as Nvidia's Vera Rubin series racks are mass-produced and shipped in the fourth quarter, they adopt a 100% liquid cooling architecture. In response, Lingyi iTech stated that its subsidiary Liminda, as a core supplier to a leading North American computing power customer, continues to deliver server liquid cooling and power-related products in batches to top overseas computing power industry enterprises and their supply chain-related partners, related server OEMs, power solution companies, and other customers. Recently, Liminda, as an ecosystem partner of a North American computing power customer, exhibited liquid cooling core products such as the Inner Manifold water distributor and the new-generation ZQD. In addition, Shengyi Technology also clarified recently that the company has not received any notice of order cancellation from any end customer, and its current production and operations are normal, with full orders.