Jiangsu Seagull Cooling Tower Co.,Ltd. (603269.SH) Clarifies Minimal Revenue Impact from Nuclear Power and Data Center Cooling Tower Operations

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Jiangsu Seagull Cooling Tower Co.,Ltd. (603269.SH) has issued an announcement regarding unusual stock price movements. The company stated that its primary downstream customers are in sectors such as petrochemicals, chemicals, and thermal power. For the 2025 fiscal year, revenue generated from cooling tower operations in the data center sector accounted for less than 1.5% of total operating income, representing a minimal proportion. Revenue from cooling tower operations in the nuclear power sector has not yet been realized and does not constitute a significant impact on the company's financial performance. The company noted that the future development of these related business segments remains uncertain and advised investors to be mindful of the associated investment risks.

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