Xingyun Technology announced that the company signed a “Computing Power Service Contract” and a “Computing Power Service Framework Cooperation Agreement” with a state-owned supplier. According to the contract, the SA supplier will provide 32 GPU computing power services for a period of 8 years, with a total amount of 300 million yuan including tax. The contract service period is 5 years. The computing power service is delivered in batches, inspected in batches, billed in batches, and each batch is independently inspected and billed separately. The renewal period is 3 years. During the renewal period, 70% of the net profit generated by the company using the SA supplier's computing power resources to carry out business belongs to the company, and 30% is paid to the SA supplier for computing power services.

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