Chunzhong Technology: not involved in the production of liquid-cooled servers, only participates in testing activities such as liquid-cooled testing platforms.

Chunzhong Technology issues a risk alert notice, recently noting that the market has a high level of interest in the concept of liquid-cooled servers. The company's business does not involve the manufacturing of liquid-cooled servers, only participating in testing platforms for liquid cooling, with a significant gap in market space compared to general electronic components. In the first half of 2025, this business did not generate any revenue, and a total of 10.7865 million yuan was provisioned for inventory impairment and credit impairment losses in the half-year report. The future cooperation of this business is also affected by factors such as customer product iteration and compatibility testing, posing significant uncertainties and risks of business progress falling significantly short of expectations.