Runjian Co., Ltd. announced that Wuxiang Cloud Valley Co., Ltd., a wholly-owned subsidiary of the company, signed an “AI Term Cross-border Sales Service Contract” with overseas company X, with a contract amount of about 1,338 billion yuan. The contract period is from October 19, 2026 to October 18, 2027. The contract stipulates that Party A's annual procurement service amount shall not be less than 200 million US dollars. The settlement is based on the actual number of words consumed. Party A that does not meet the guarantee amount must make up the difference. The contract is a milestone in the implementation of the company's overseas business. It will have a positive impact on future business performance, and there are multiple risks of uncertainty in contract execution.
Zhitongcaijing · 2d ago
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Runjian Co., Ltd. announced that Wuxiang Cloud Valley Co., Ltd., a wholly-owned subsidiary of the company, signed an “AI Term Cross-border Sales Service Contract” with overseas company X, with a contract amount of about 1,338 billion yuan. The contract period is from October 19, 2026 to October 18, 2027. The contract stipulates that Party A's annual procurement service amount shall not be less than 200 million US dollars. The settlement is based on the actual number of words consumed. Party A that does not meet the guarantee amount must make up the difference. The contract is a milestone in the implementation of the company's overseas business. It will have a positive impact on future business performance, and there are multiple risks of uncertainty in contract execution.
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