Xingyun Technology signs 453 million yuan GPU computing service contracts with state-owned supplier
Xingyun Technology (300209.SZ) announced on September 22 that it signed three GPU computing service contracts with a state-owned supplier, totaling 43 units over five years for 453 million yuan. The contracts follow a July 20, 2026 framework agreement for 128 high-end computing servers, with 32 units previously purchased. The company warned of risks including chip supply constraints and delivery delays.
IllustrationEditorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Summary covers the current reports
Cross-source coverage
Reporting timeline
Xingyun Technology Signs Three GPU Computing Service Contracts Worth 453 Million Yuan
Xingyun Technology (Xingyun Keji) disclosed the progress of its major contract for purchasing computing services. The company recently signed three 'Computing Service Contracts' with a state-owned asset supplier (referred to as 'SA Supplier') to purchase GPU computing services. The contracts cover a total of 43 units of GPU computing services, each with a service term of five years. The total amount of the three contracts, including tax, is 453 million yuan (approximately $62 million). Previously, on July 20, 2026, the company had signed a framework agreement with the same supplier for a total of 128 units of high-end computing servers and supporting computing services, with an initial batch of 32 units already purchased. This latest signing represents an additional 43 units under that framework, bringing the total purchased to 75 units so far.
Read sourceXingyun Technology Signs Three GPU Computing Service Contracts Worth 453 Million Yuan
On September 22, Xingyun Technology announced that it has signed three 'Computing Power Service Contracts' to purchase a total of 43 sets of GPU computing services. The service period for each contract is five years, and the total amount including tax for the three contracts is 453 million yuan. This follows a previous framework procurement agreement the company signed with a state-owned supplier for a total of 128 sets of high-end computing servers and supporting computing services. The contracts represent a significant investment in AI computing infrastructure by the company.
Read sourceXingyun Technology Signs 453 Million Yuan GPU Computing Service Procurement Contract
Xingyun Technology (300209.SZ) announced on September 22 that it has signed three 'Computing Power Service Contracts' with a state-owned supplier to purchase GPU computing services. The contracts cover a total of 43 units of GPU computing services, each with a five-year service term. The total value of the three contracts, including tax, amounts to 453 million yuan. This procurement is an execution of a previous framework agreement for 128 units and is intended to secure resources for the company's ongoing computing power leasing and sales business. The company cautioned that the procurement is subject to risks including chip supply chain constraints, potential delivery delays, and the possibility that the computing power may not meet performance standards.
Show 2 older updatesHide older updates
Xingyun Technology Signs Three GPU Computing Service Contracts Worth 453 Million Yuan
According to a report from Shanghai Securities News, Xingyun Technology has signed three computing service contracts to purchase GPU computing services, with a total value of 453 million yuan. The company previously disclosed that on July 20, 2026, it signed a 'Computing Service Contract' and a 'Computing Service Framework Cooperation Agreement' with an SA supplier. The agreements establish a total framework procurement deal for 128 sets of high-end computing servers and supporting computing services, with an initial batch of 32 sets already purchased. The report was published by East Money's company news section, citing the Shanghai Securities News as the original source.
Read sourceXingyun Technology signs 3 GPU computing service contracts worth 453 million yuan
Xingyun Technology (300209) announced on September 22 that it has signed three GPU computing service contracts with a state-owned supplier (referred to as 'SA supplier'), purchasing a total of 43 sets of GPU computing services. The contracts have a service term of five years each, with a combined total value of 453 million yuan (including tax). These contracts follow a previously signed framework procurement agreement for 128 sets of high-end computing servers and supporting services. The company stated that if the contracts and agreements are successfully implemented, they will provide resource guarantees for the continued development of its computing power leasing and sales business.
Read source