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Zhitong Finance App News, Maixinlin (688685.SH) issued an announcement. The company signed an “Equipment Purchase Contract” with Company A (proxy name only) on June 26, 2026, agreeing that the company will purchase computing power server-related equipment from Company A. The total contract amount is about 890 million yuan (tax included). After the contract was signed, the company paid a deposit of 267 million yuan as agreed in the contract. Due to factors such as the shortage of goods in the upstream supply chain, Company A was unable to deliver the first batch of equipment as scheduled. The company sent a “reminder” to Company A on September 14 to urge the execution of the contract, but by the end of the delivery period agreed in the contract, Company A had not delivered any equipment, which constituted a breach of contract.
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Zhitong Finance App News, Maixinlin (688685.SH) issued an announcement. The company signed an “Equipment Purchase Contract” with Company A (proxy name only) on June 26, 2026, agreeing that the company will purchase computing power server-related equipment from Company A. The total contract amount is about 890 million yuan (tax included). After the contract was signed, the company paid a deposit of 267 million yuan as agreed in the contract. Due to factors such as the shortage of goods in the upstream supply chain, Company A was unable to deliver the first batch of equipment as scheduled. The company sent a “reminder” to Company A on September 14 to urge the execution of the contract, but by the end of the delivery period agreed in the contract, Company A had not delivered any equipment, which constituted a breach of contract.
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