TMTPOST — Dongguan Dingtong Precision Technology Co., Ltd. issued a regulatory filing on Thursday to address irregular trading volatility, cautioning that secondary market expectations regarding its artificial intelligence server and liquid cooling business lines have become overly optimistic. The STAR Market-listed manufacturer stated that its core operational footprint remains anchored in high-speed communication connectors and automotive precision components, businesses that continue to generate stable performance without material near-term variations. In detailing its liquid-cooled thermal module portfolio, Dingtong disclosed that while two production lines are operational and three more are planned for expansion this year, the business segment is limited to small-batch pilot deliveries. Financial exposure to these next-generation thermal management components is currently marginal, and the company emphasized that securing sustained volume purchase orders or achieving large-scale mass production remains subject to high execution uncertainty. The disclosure reflects broader capital allocation trends within the Chinese Mainland, where equity valuations for hardware manufacturers are increasingly driven by speculative flows tied to computing infrastructure pipelines. As retail and institutional portfolios aggressively reallocate toward the data center hardware ecosystem, the divergence between speculative asset pricing and actual corporate revenue contribution underscores shifting market microstructures. This trend is prompting stricter regulatory oversight on factual disclosures, as stock exchanges move to mitigate systemic risks stemming from infrastructure-themed momentum trading.