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Xingyun Technology signs 453 mln yuan GPU computing service procurement contract
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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.
Source report
September 22 — Xingyun Technology (300209.SZ) announced that it has recently signed three separate Computing Power Service Contracts with a state-owned supplier. The agreements cover the procurement of GPU computing power services, totaling 43 sets, each with a service term of five years. The total contract value, including tax, amounts to 453 million yuan.
These contracts represent the latest progress under a previous framework procurement agreement for 128 sets of equipment, and are expected to provide resource support for the company's ongoing computing power leasing and sales operations.
The company noted that the procurement is subject to constraints such as the chip supply chain and industry supply-demand dynamics, and there are risks including delivery delays and failure to meet computing power performance standards.
Source
财联社Eastern