Seagull Co., Ltd. has recently issued a stock trading risk warning announcement to dispel rumors regarding its participation in popular market segments like nuclear power and data computing power centers. The core activities of the company encompass the research and development, design, manufacturing, and installation of cooling towers, along with the provision of associated technical services. Its clientele spans diverse industries, including petrochemicals, metallurgy, thermal power, nuclear power, and data computing power centers. Notably, the company's involvement in nuclear power and data center projects, considered emerging markets, currently contributes less than 1% to its operating revenue.

Importantly, Seagull Co., Ltd. does not engage directly in the general contracting construction of these projects, and the future trajectory of these related businesses remains uncertain. Additionally, the revenue from hydrogen production equipment, a venture of the company's subsidiary, Suzhou Lvmeng Hydrogen Energy Technology Co., Ltd., is anticipated to account for merely 2.5% of the parent company's total revenue in 2024, thus having a modest impact on the overall financial performance of Seagull Co., Ltd.