According to the Zhitong Finance App, Oni Electronics (301189.SZ) announced that the company's wholly-owned subsidiary, Aoni Intelligent Technology (Zhongshan) Co., Ltd. (“Oni Smart”), signed a procurement contract with Company A. According to the contract agreement, Oni Intelligence purchased GPU computing power card products from Company A. The total contract amount was 1.67 billion yuan (tax included).

The semiconductor industry as a whole faces common challenges of tight supply of raw materials and rising costs. If the contract is successfully executed, it is expected to have a positive impact on the company's operating results in the year it performs.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.