Feng Zhushou Subsidiary Secures 7.67 Billion Yuan in Computing Power Deals
Feng Zhushou announced that its wholly-owned subsidiary, Ya'an Yunsuan, has entered into significant agreements related to computing power services. Ya'an Yunsuan signed a contract with Company A for the procurement of computing power servers and networking equipment, totaling 3.062 billion yuan (including tax). This agreement mandates Company A to supply the specified hardware according to Ya'an Yunsuan's requirements.
Furthermore, Ya'an Yunsuan entered into a separate computing power service contract with Company B. This contract, valued at 4.608 billion yuan (including tax), will see Ya'an Yunsuan provide comprehensive computing power resources to Company B. These resources include server hardware, cabinets, storage, network services, and essential technical support. The collaboration is set to commence on August 5, 2026, and conclude on August 4, 2031. The company anticipates that the successful implementation of these computing power projects will generate an average annual net profit ranging from 60 million to 72 million yuan.
This development highlights the escalating demand and investment in computing infrastructure, particularly in the context of advancing digital technologies. The substantial financial commitments by Feng Zhushou's subsidiary indicate a strategic move to capture market share in the burgeoning computing power sector. The long-term nature of the service contract suggests a focus on sustained revenue streams and a belief in the continued growth of demand for such services. Investors will likely monitor the execution of these agreements and the realization of projected profits, considering the capital-intensive nature of the industry and potential shifts in technological requirements over the next decade. The company's positioning suggests an ambition to become a key player in the foundational elements of the digital economy.
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