Zhitong Finance App News, Co-Creation Data (300857.SZ) issued an announcement. Recently, the company's wholly-owned subsidiary Xiechuang Intelligent Computing Technology (Shenzhen) Co., Ltd. (“Co-Creation Intelligent Computing”) signed a “Computing Power Cloud Service Agreement” with the client company. The estimated total amount of the agreement is no more than 37.49 billion yuan (calculated based on factors such as contract service period, number of computing power services and monthly service prices, including tax). The order service period is 60 months from the day after the order acceptance as agreed in the contract and the customer company issues an acceptance report.

The signing of a new high-value computing power cloud service agreement marks the continued high-quality upgrading of the company's computing power business. Other computing power cloud service agreements that the company has signed earlier have all been delivered in a timely manner in strict accordance with the contract agreement, and have been approved by the customer. This cooperation will further lock in long-term high added value and stabilize cash flow and increase profits in the computing power sector; at the same time, it will help the company expand its high-value computing power business layout, accumulate leading customers and service capabilities, and strengthen scale barriers and brand competitiveness in the field of intelligent computing.

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