Core Viewpoint - Chuanhuan Technology has completed the initial development of its liquid cooling connector products and is currently in the customer promotion, feedback, and further optimization design phase [1] Group 1 - The company's pipeline products have entered the supply chains of CoolerMaster, AVC, Invec, AVIC, Feirongda, and Baode South China [1] - The company is accelerating the promotion of related work according to customer processes [1]

Core Viewpoint - The company has completed the initial development of its liquid cooling connector products and is currently in the customer promotion, feedback, and design optimization phase [1] Group 1: Product Development and Certification - The company's UQD products have not yet been certified, but initial samples have been developed [1] - The company is actively promoting its self-developed liquid cooling products to potential customers [1] Group 2: Customer Engagement and Partnerships - The company's pipeline products have entered the supply chains of CoolerMaster, AVC, Invec, AVIC, Feirongda, and Baode Huannan [1] - The company is accelerating the promotion of its products according to customer processes [1]

Group 1 - The company held an online investor meeting on September 12, 2025, to discuss its semi-annual report and performance, with active participation from investors [1] - Key personnel present included Chairman Wen Qichao, Secretary Zhou Xianhua, and CFO Luo Ying, indicating a high level of engagement from the company's leadership [1] - The meeting was conducted on the "Investor Relations Interactive Platform" and focused on the company's performance and future strategies [1] Group 2 - During the meeting, the company addressed inquiries regarding its collaboration with clients, specifically mentioning that its pipeline products have entered the CoolerMaster supplier system and are undergoing product development [2] - The company is actively promoting its advantageous products to potential clients, although it refrained from disclosing information about other suppliers for CoolerMaster and AVC due to confidentiality [2] - The company is optimizing personnel configuration in response to the growing market demand for its pipeline products, indicating a strategic approach to production based on customer orders [2] Group 3 - The company has over 30 years of experience in rubber pipeline material formulation and manufacturing, achieving V0 level standards and UL certification for its liquid cooling server pipeline products [3] - The company is focusing on promoting and developing liquid cooling products in key areas such as data server cooling, energy storage cooling, and automotive fluid pipelines [3] - Safety measures are being implemented across departments to enhance production safety, including education, preventive checks, and cross-checking [3]

Group 1: Company Partnerships and Collaborations - The company has entered the supplier system of CoolerMaster and is currently developing products according to customer processes [2][49] - The company is actively promoting its self-developed products to potential clients in the liquid cooling field, including CoolerMaster, AVC, and others [3][10][29] Group 2: Production and Capacity - The new factory is expected to be fully operational by the end of 2024, which will support the company's production capacity [46] - The company operates on a made-to-order production model, aligning production with customer orders [14][16] Group 3: Market Position and Competitiveness - The company has over 30 years of experience in rubber pipeline formulation and manufacturing, which enhances its competitive edge [11][39] - The liquid cooling server pipeline products have achieved V0 level standards and have received UL certification [9][39] Group 4: Financial Performance and Future Outlook - The revenue from server liquid cooling products currently constitutes a relatively small proportion of the company's total income [12] - The company aims to enhance its market share and product quality in the liquid cooling sector through focused R&D efforts [23][12] Group 5: Customer Engagement and Order Management - The company is closely monitoring customer order demands and is prepared to adjust production plans accordingly [18][14] - The company is in the process of promoting its liquid cooling connectors and is seeking more potential collaboration opportunities [21][41]