The trio announced that the company plans to establish Beijing Zhonglian Yungang No.1 Enterprise Management Partnership with its wholly-owned subsidiary Times Intelligent Computing and Huixinfu, an investment platform under Zhonglian Data Group. The total amount of capital pledged by the partnership was 233 million yuan, of which the company pledged 140 million yuan accounting for 60%, Times Intelligence pledged 46.5 million yuan accounting for 20%, and Huixinfu pledged 46.5 million yuan accounting for 20%. The partnership is positioned as a special investment and operation platform for data centers. The first phase will invest in the Beijing Fangshan data center project. This investment and the Times Intelligence 285 million yuan capital increase project disclosed on the same day totaled 471 million yuan, accounting for 17.29% of the company's most recent audited net assets, and there is no need to submit it to the shareholders' meeting for review.

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