Chuanrun Co., Ltd.: The company's liquid cooling business is developing in an orderly manner, with liquid cooling system and product sales revenue accounting for 12.87% of total operating income in 2025.

Chuanrun Company announced an abnormal trading notice. The closing price of the company's stock has deviated by over 20% for two consecutive trading days, which falls under the category of abnormal stock trading fluctuations according to the relevant rules of the Shenzhen Stock Exchange. The company's liquid cooling business is proceeding in an orderly manner, with the sales revenue of liquid cooling systems and products expected to account for 12.87% of total revenue in 2025. Due to factors such as policy orientation, changes in market demand, iteration of industry technological routes, and changes in market competition patterns, customer development, business expansion, and order fulfillment speed all exhibit certain fluctuations and uncertainties.