Hongsheng Co., Ltd.: No revenue has been generated in the liquid cooling field of data centers.

Hongsheng Corporation issued a notice of abnormal fluctuations in the stock. The closing prices of the company's stock on January 9, January 12, and January 13, 2026, have cumulatively deviated by 20% for three consecutive trading days. According to relevant regulations of the Shanghai Stock Exchange Trading Rules, this constitutes a situation of abnormal stock trading volatility. Following a self-examination by the company, there are no media reports or market rumors that require clarification or response. The company's main business is aluminum plate-fin heat exchangers, with major operations in industries such as compressors, agricultural machinery, construction machinery, hydraulic machinery, and new energy. The company has not generated any revenue in the field of liquid cooling in data centers.