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24/09/2026 10:20

Xingyun Technology drops 1%, wholly-owned subsidiary signs 5-year intelligent computing contract worth 872 million yuan

    Economic Information Daily News Service, 24th: Xingyun Technology (Shen: 300209) announced last night that its wholly-owned subsidiary, Changsha Xiangshuyun Technology Co., Ltd., has signed an "Intelligent Computing Resource Leasing Service Contract" with customer VE. Xiangshuyun will provide computing power services to customer VE for a service period of 5 years, with a total tax-inclusive amount of 872 million yuan, and service fees will be paid monthly in advance on a one-month deposit and one-month payment basis.

    Xingyun Technology is currently down 1.18%, trading at 36.97 yuan.

    Xingyun Technology stated that the company has already completed the procurement of corresponding servers, which are currently under acceptance, and delivery is expected to be completed by September 30, 2026. This contract is a significant contract in daily operations, does not involve related-party transactions, and does not constitute a major asset restructuring. If performed smoothly, it is expected to have a certain impact on the company's future operating performance. The company also noted that there are risks related to contract performance, funding, industry cycles, etc. (jq)
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