Zhitong Finance App News, Tongyu Communications (002792.SZ) issued a clarification notice on market rumors, stating that the company plans to use its own capital of 300 million yuan to purchase a total of about 25% of the shares of Shenzhen Jiaxian Communications Technology Co., Ltd. (“Jiaxian Communications”) through share transfer. Recently, the company paid attention to the article “Jiaxian Communications and Nvidia cooperate to develop a 6G AI-RAN base station, and Tongyu Communications plans to take a 25% stake to target the 200 billion yuan market” circulating in the online media. In response to the relevant content of the article, the company clarified the following:
Jiaxian Communications carries out 6G AI-RAN base station technology research and development work based on Nvidia's CUDA Aerial open source ecosystem. The platform is an open source ecosystem and does not involve any exclusive licensing or exclusive cooperation arrangements. Jiaxian Communications is not an exclusive R&D entity, and it is not ruled out that other eligible entities will carry out similar R&D based on the platform. Jiaxian Communications related R&D work has continued for nearly half a year. Up to now, Jiaxian Communications has not signed any R&D cooperation agreement or strategic cooperation framework agreement with Nvidia, and there is no form of R&D cooperation or joint development relationship with Nvidia.
According to Jiaxian Communications's internal R&D plan, it is expected that the development of the 6G AI-RAN base station prototype experimental base station will be completed by the end of this year. There is uncertainty about when the development will be completed. At this stage, the product has not achieved any sales, and it has not had any impact on the business performance of Jiaxian Communications. At the same time, the prototype test base station still needs to go through a strict product verification process before it can meet the conditions for market promotion. There is great uncertainty about the time from completion of R&D to official market launch. At this stage, the product has not achieved any sales, and it has not had any impact on the business performance of Jiaxian Communications. There is great uncertainty about whether the 6G AI-RAN base station subsequently developed by Jiaxian Communications can meet market demand in terms of functionality, performance and stability, and whether it can be successfully recognized by downstream customers.
After the transaction is completed, the company will hold about 25% of Jiaxian Communications's shares, which will not constitute control and will not be included in the scope of the company's consolidated statements. The company uses the equity method for accounting for this investment, confirms the investment income according to the shareholding ratio, and reports it in the long-term equity investment project. Jiaxian Communications's revenue from January to June 2026 was 103 million yuan (unaudited), and net profit was -39.8872 million yuan (unaudited), and it is still in a loss state. If Jiaxian Communications succeeds in making a profit, the company will use the equity method to confirm investment income according to the shareholding ratio, and will not involve technical integration or operational integration of the company's main business.