Mercurity Fintech (NASDAQ:MFH) is set to establish a JV in Hong Kong with a high-tech enterprise, focused on expanding into AI hardware intelligent manufacturing and supporting advanced cooling solutions for AI servers. The high-tech enterprise specializes in the manufacturing and sale of precision fasteners, structural parts and other precision metal parts products for new energy vehicles and smart electronic devices. Mercurity Fintech holds a 51% stake in the JV, and involves an initial investment of $9.8M. Source: Press Release

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