Beijing Xunzhong sues Zhongke Xinkong for RMB 161.28 million over alleged computing power service breach

• Beijing Xunzhong sued Zhongke Xinkong in Beijing’s Tongzhou District Court over an alleged breach of a computing power service contract.
• The suit seeks termination of the agreement, RMB 161.28 million in liquidated damages, and about RMB 40 million in additional losses.
• A hearing is scheduled for Oct. 22, 2026.
• The company applied for pre-litigation asset preservation, seeking seizure or freezing of up to RMB 40 million of the counterparty’s assets.
• No allegations or proceedings involving management misconduct or potential criminal conviction were disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beijing Xunzhong Communication Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260826-12300747), on August 26, 2026, and is solely responsible for the information contained therein.