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According to Beijing Cree's announcement, Shenzhen Cyber Engine Technology Co., Ltd., the holding subsidiary of the company, won the bid for a data center power module assembly project of Guangdong Qichuang Network Technology Co., Ltd., with a total bid amount of about 170 million yuan, accounting for about 7.90% of the company's audited revenue in 2025. The execution of the project contract will have a positive impact on the company's operating performance in 2026 and subsequent years, but will not affect the company's operational independence. Up to now, Cyber Engine has received a notice of winning the bid and has not signed a formal project contract. The actual execution amount of the contract may be different from the winning bid amount.
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According to Beijing Cree's announcement, Shenzhen Cyber Engine Technology Co., Ltd., the holding subsidiary of the company, won the bid for a data center power module assembly project of Guangdong Qichuang Network Technology Co., Ltd., with a total bid amount of about 170 million yuan, accounting for about 7.90% of the company's audited revenue in 2025. The execution of the project contract will have a positive impact on the company's operating performance in 2026 and subsequent years, but will not affect the company's operational independence. Up to now, Cyber Engine has received a notice of winning the bid and has not signed a formal project contract. The actual execution amount of the contract may be different from the winning bid amount.
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