Junzhong Technology: The company's business does not involve the production and manufacturing of liquid-cooled servers, only participating in testing processes such as liquid cooling testing platforms.

Chunzhong Technology announced a stock trading risk warning notice on the evening of September 11th, stating that the market has recently shown high attention to the concept of liquid-cooled servers. However, the company's business does not involve the production of liquid-cooled servers, only participating in liquid-cooled testing platforms and other testing processes. 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. The future development of this business cooperation is also affected by various factors such as customer product iteration and compatibility testing, posing a significant risk of business progress falling short of expectations.