Mercurity Fintech Announces Strategic Joint Venture to Expand into AI Hardware Intelligent Manufacturing and Support Liquid Cooling Solutions for World Leading AI Servers [Yahoo! Finance]
Mercurity Fintech Holding Inc. - American Ordinary Shares (MFH)
Company Research
Source: Yahoo! Finance
Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced the signing of a term sheet with a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts and other precision metal parts products for new energy vehicles and smart electronic devices. This collaboration aims to establish a strategic joint venture (the “JV”) in Hong Kong, focused on expanding into AI hardware intelligent manufacturing and supporting advanced cooling solutions for AI servers. The term sheet sets forth the indicative material terms and conditions for the formation of the JV and is subject to the definitive agreements to be entered into by the parties. These terms are non-binding unless specifically stated otherwise, and the definitive agreements will include customary representations, warranties, and indemnifications for transactions of a similar nature and scale. Key Highlights of the Joint Venture: Expansion into
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News
- Mercurity Fintech Holding Inc. (MFH) Ventures into AI Hardware Manufacturing with Hong Kong JV, Targeting Precision Components and Advanced Cooling Solutions [Yahoo! Finance]Yahoo! Finance
- Mercurity Fintech Announces Strategic Joint Venture to Expand into AI Hardware Intelligent Manufacturing and Support Liquid Cooling Solutions for World Leading AI ServersGlobeNewswire
- Mercurity Fintech Announces Unaudited Financial Results for First Half 2024GlobeNewswire
- Mercurity Fintech Subsidiary Chaince Securities, Receives FINRA Approval for Broker-Dealer Ownership Transfer [Yahoo! Finance]Yahoo! Finance
- Mercurity Fintech Subsidiary Chaince Securities, Receives FINRA Approval for Broker-Dealer Ownership TransferGlobeNewswire