Chunzhong Technology (603516.SH): The company's business does not involve the production and manufacturing of liquid-cooled servers, only participating in testing activities such as liquid cooling aging test platforms.

The Zhitong Finance APP reported that Chunzhong Technology (603516.SH) issued a stock price abnormality announcement, stating that the market has recently shown a high level of attention to the concept of liquid-cooled servers. The company's business does not involve the production and manufacturing of liquid-cooled servers, only participating in liquid-cooled aging test platforms and other testing processes. Compared to AI server liquid cooling related products, there is a significant gap in market space. In the first three quarters of 2025, this business did not generate any revenue. In addition, due to factors such as changes in product materials for customized development by overseas major clients and product iteration, a total of 10.7865 million yuan was provisioned for inventory impairment and credit impairment losses. The follow-up cooperation of this business is impacted by various uncertainties such as customer product iteration and adaptation testing, posing a significant risk of business progress falling short of expectations. Investors are advised to rely on the company's official announcement information.