Yitian Intelligence (300911.SZ) subsidiary signs 1,106 billion yuan computing power resource service contract

According to Zhitong Finance App, Yitian Intelligence (300911.SZ) announced that the company recently received the wholly-owned subsidiary Gansu Yixan Intelligent Technology Co., Ltd. (hereinafter referred to as “Gansu Yixan” or “Party B”) and customer Y Company (hereinafter referred to as “Company Y” or “Party A”) to sign a “Computing Power Resource Service Contract”. The amount of the contract includes tax is 1,106 billion yuan.

The signing of this computing power resource service contract is conducive to optimizing the company's business structure, cultivating a second growth curve, and enhancing the company's profitability and resilience to risks; at the same time, it is in line with the policy orientation of the digital economy and artificial intelligence industries, is conducive to enhancing the company's overall competitiveness, and has a positive effect on the company's long-term sustainable development. The signing of this computing power resource service contract is a further affirmation by the market of the company's computing power business, professional ability and customer service. It has had a positive impact on the deepening layout of the company's computing power business, active market development, and brand effect establishment.