Hongsheng Co., Ltd. said at the 2026 semi-annual results briefing on September 9 that the company's liquid cooling products mainly include CDU and related thermal management products. Some thermal management products have begun to be shipped in batches, but related revenue still accounts for a low proportion of the company's overall business. At present, the company's overall order situation is good, capacity utilization is maintained at a high level, and projects related to liquid cooling are continuing to advance.

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