InterChina Partners, one of the leading investment banking advisory firms based in China, is pleased to announce that it advised Chunqiu Electronic (Shanghai Stock Exchange: 603890) in the successful voluntary public takeover offer for Asetek A/S (Nasdaq Copenhagen: ASTK), a pioneering Danish provider of liquid cooling solutions for high-performance computing and gaming applications. The cross-border transaction was officially launched in November 2025 and closed in April 2026.

About Chunqiu Electronic Technology Co., LTD.: Headquartered in Suzhou, China, Chunqiu Electronic is an integrated supplier of precision structural components and moulds for consumer electronics. The company provides one-stop solutions covering design, precision mould fabrication, and structural module assembly, with core products used in notebook computers and other devices, serving leading OEM/ODM customers in both domestic and international markets.

About Asetek A/S: Headquartered in Denmark, Asetek is a leading provider of liquid cooling solutions for high-performance computing, gaming, and data centre applications. The company specialises in the design and manufacture of advanced thermal management systems for CPUs and GPUs. In addition, Asetek has expanded into sim racing hardware, offering high-end sim sports products such as racing pedals, wheelbases, and accessories.

InterChina's deal team includes Kevin Xiao, Deal Leader; Xinyi Shi, Senior Associate; and Michael Thurow, Senior Advisor.

"We are proud to have supported Chunqiu Electronic in completing this landmark cross-border transaction. The acquisition represents a compelling strategic fit — combining Chunqiu's world-class manufacturing capabilities and deep global market access with Asetek's proprietary liquid cooling technology and globally recognised IP portfolio. As AI-driven computing infrastructure continues to accelerate demand for advanced thermal management solutions, this transaction positions the combined entity to capture significant growth opportunities across both consumer and enterprise markets worldwide. We are delighted to have facilitated a deal that creates powerful strategic synergies for both parties," said Kevin Xiao.

InterChina served as Chunqiu Electronic's exclusive financial advisor in connection with the acquisition of Asetek A/S. InterChina's advisory scope encompassed the full voluntary public takeover offer process, including offer structure and pricing analysis, preparation and review of the offer document in compliance with applicable Danish takeover regulations and Nasdaq Copenhagen listing rules, coordination with legal counsel and regulatory authorities, shareholder outreach and overall transaction process management.