STOCKS | Lihu Shares Says AI Liquid-Cooling Project Is in Early Preparation, With No Sales Revenue Yet

Lihu Shares issued a statement saying its AI liquid-cooling related project remains in an early preparation stage and has not yet generated sales revenue. According to Jin10, the company released an abnormal trading movement announcement after its stock price showed a cumulative deviation of more than 30% in closing-price gains over three consecutive trading days, which it said meets the criteria for abnormal stock trading fluctuations under relevant Shenzhen Stock Exchange trading rules. The company said it recently noticed media reports claiming it operates in two tracks—humanoid robot joint housings and AI liquid-cooling connectors—and that it has already supplied products in batches, shares production capacity, has sufficient orders, and will see a sharp rise in performance. Lihu Shares said those claims were untrue. It said its main business is components such as compressor housings and turbine housings used to support turbochargers for traditional fuel vehicles. The company said that as of May 31, 2026, its robot components business generated revenue of 5.24 million yuan, accounting for 1.02% of revenue for the period; it said the figures were internally calculated and unaudited. Lihu Shares said the robot components business is small in scale, does not have a material impact on its performance, and that future returns involve significant uncertainty.