Core Viewpoint - The company has made significant investments in AIoT-based cooling systems and energy efficiency management for data centers, but current revenue from these services remains low due to late-stage involvement in projects [2] Group 1: Company Developments - The company announced an investment exceeding 20 million yuan in the development of a liquid cooling global optimization system [2] - Successful application of the liquid cooling system has been achieved at the Shenzhen Guangming Life Science City data center [2] - The company has secured several benchmark projects in South China, including the State Energy Trading Cloud Computing Center and Qianhai Information Hub [2] Group 2: Market Context - The company's intelligent and energy-saving services are currently integrated in the later stages of computing center projects [2] - Increased investments by internet companies in AI infrastructure have not yet translated into orders for the company [2] - The company will disclose any significant order progress in accordance with regulatory requirements [2]