Zhitong Finance App News, Xiangjiang Holdings (600162.SH) issued an announcement. On July 16, 2026, Guangzhou Xiangjiang Yunhan Technology Co., Ltd. (“Xiangjiang Yunhan”), a wholly-owned subsidiary of the company, signed an “Internet Data Center Business Agreement” with China Mobile Communications Group Ningxia Co., Ltd. (“China Mobile Ningxia Company”). China Mobile Ningxia Company uses corresponding computer room facilities to provide management services for related equipment, as well as providing rental and communication of equipment and storage space such as database systems or servers For line and export bandwidth leasing and other application services, Xiangjiang Yunhan paid China Mobile Ningxia. The total amount is estimated to be 796 million yuan, and the agreement period is 5 years.
As of the announcement disclosure date, the company had not obtained customer orders for the Internet data center business. This agreement stipulates that the service period of the agreement is 5 years, and the period is long. The agreement has a large scale of expenses and monthly payments must be made on time, which has a certain impact on the company's financial security and financing, and will increase the company's liabilities and financial costs. Furthermore, if the country or project site government puts forward stricter industrial policies or technical requirements for the data center service industry in the future, there is a risk that Xiangjiang Yunhan will not be able to obtain business licenses and approvals from relevant departments, and there may be a risk that it will not be able to provide business access in a timely manner.