Xinpeng Shares said on September 2 that its stock had risen by a cumulative more than 20% over three consecutive trading days, triggering an abnormal trading volatility notice, according to Jiemian News. The company said some of its liquid-cooling cabinet products have gradually secured sample orders and begun batch deliveries, while its emerging liquid-cooling products are still in the market development stage.

Xinpeng Shares also said its Thailand production base will continue to focus on supporting liquid-cooling and energy-storage products. The first-phase plant is being gradually handed over for production, with cabinets as the main product, while the second phase is still under construction. The company added that its Thai subsidiary is operating normally, but its profitability has yet to be determined.