Deal News | InterChina Partners Advised Chunqiu Electronic on Voluntary Public Takeover Offer for Asetek
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.
英特华（InterChina Partners），中国领先的高端精品投行咨询机构，很荣幸地宣布，协助苏州春秋电子科技股份有限公司（证券代码：603890.SH，证券简称：春秋电子）成功完成对全球液冷散热领域标杆，丹麦企业Asetek A/S (斯达克哥本哈根证券交易所代码: ASTK) 的自愿性公开要约收购交易。本次跨境交易于2025年11月正式启动，并于2026年4月完成。
关于春秋电子科技股份有限公司：春秋电子总部位于中国苏州，是一家集精密结构件及模具研发、生产、制造、组装于一体的消费电子产品供应商。公司提供从设计、精密模具制造到结构模块组装的一站式解决方案，核心产品广泛应用于笔记本电脑及其他电子设备，为国内外领先的OEM/ODM客户提供服务。
关于Asetek A/S：Asetek总部位于丹麦，是高性能计算、游戏和数据中心应用领域开创性的液冷解决方案供应商。公司专注于CPU和GPU先进热管理系统的设计和制造。此外，Asetek亦已拓展至模拟赛车硬件领域，提供高端赛车模拟产品，包括踏板、方向盘底座及相关配件等。
英特华的交易团队成员包括总监肖剑（Kevin Xiao），高级经理施欣怡（Xinyi Shi）及高级顾问Michael Thurow。
肖剑表示：“我们很荣幸能够协助春秋电子完成这项具有里程碑意义的跨境交易。此次收购具有极强的战略契合度——春秋电子拥有世界一流的制造能力及深厚的全球市场拓展优势，而Asetek则具备自主知识产权的液冷核心技术及全球认可的知识产权组合。随着人工智能驱动的计算基础设施持续加速，对先进热管理解决方案的需求不断上升，此次交易将使合并后的主体能够在全球消费级及企业级市场中把握显著的增长机遇。我们很高兴能够促成这一为双方创造强大战略协同效应的交易。
英特华担任春秋电子收购Asetek A/S的独家交易顾问，其咨询范围涵盖了整个自愿性要约收购流程，包括要约结构和定价分析、根据适用的丹麦要约收购法规和纳斯达克哥本哈根上市规则准备和审查要约文件、与法律顾问和监管机构协调、股东联络以及整体交易流程管理。
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Deal Team/交易团队
