Business · Companies · 50 mins ago
GCM signs 24-month thermal technology development deal in China
GCM signed a 24-month development deal with Chinese thermal technology manufacturer Shenzhen Jinshiyu Technology, or JSY.
The partners will combine GCM’s VHD heat plates with JSY’s zipper fin technology to develop and test a thermal management product.
JSY would market and sell the finished product, while GCM could supply the heat plates under agreed terms and accepted orders.
The deal guarantees no production volumes or purchases, and commercial sales depend on development, production readiness and customer demand.
Separately, GCM and Shenzhen Wanwei Heat Conduction Technology, known as ALVC, have begun making an integrated product for an identified prospective customer.
That product is moving towards customer evaluation, but the sources do not say whether an order will follow.
GCM signed a binding 24-month joint development agreement with Chinese thermal technology firm Shenzhen Jinshiyu Technology.
The companies plan to combine GCM’s VHD heat plates with JSY’s zipper fin technology in an integrated thermal management product.
JSY will lead sales and marketing, while GCM may supply heat plates for the finished product under agreed terms and accepted purchase orders.
The deal does not set production volumes, minimum purchases or customer orders.
Separately, GCM’s development program with Shenzhen Wanwei Heat Conduction Technology has advanced to manufacturing an evaluation product for a prospective customer.
- Who
- GCM Corporation and Shenzhen Jinshiyu Technology (JSY).
- What
- They signed a 24-month joint development agreement to develop an integrated thermal management product.
- When
- The agreement was reported on November 11, 2026. The signing date is not stated.
- Where
- The agreement is with Shenzhen-based JSY, whose manufacturing base is in Longgang, China.
- Why
- To develop a product combining GCM’s VHD heat plates and JSY’s zipper fin technology, with the aim of meeting customer requirements and creating a potential route to sales and supply revenue.
This story does not have two clearly opposing sides.
GCM and ALVC announced a joint development program targeting a product combining ALVC’s vapour chamber with GCM’s VHD heat sink.
GCM confirmed the ALVC program in its quarterly report.
Stockhead reported GCM’s binding 24-month development agreement with JSY and the start of manufacturing an ALVC evaluation product for a prospective customer.
- Agreement term
- 24 months
- JSY product technology
- JSY zipper fins combined with GCM VHD heat plates
- JSY sales role
- Lead sales and marketing for the finished product
- GCM supply role
- Supply VHD heat plates under agreed terms and accepted purchase orders
- ALVC evaluation
- Integrated evaluation product being manufactured for an identified prospective customer
What people are saying
This JDA with Jinshiyu Technology builds on our strategy of working with industry partners to integrate VHD into thermal management products, with the aim of improving thermal performance and addressing customer requirements.
JSY adds another development partner, while our work with ALVC is progressing towards evaluation of an integrated product by a prospective customer.