Hunan Airbluer Environmental Protection Technology (301259.SZ) subsidiary plans to increase its capital in Zhonghao Xin Ying by 250 million yuan to expand its presence in the field of artificial intelligence.

Hunan Airbluer Environmental Protection Technology (301259.SZ) announced that, in order to expand the company's layout in the field of artificial intelligence, the company's controlling subsidiary Hangzhou Xingluo Zhonghao Technology Co., Ltd. ("Xingluo Zhonghao") plans to sign a "Capital Increase Agreement" and a "Shareholder Agreement" with Zhonghao Xinying (Hangzhou) Technology Co., Ltd. (referred to as the "Target Company" or "Zhonghao Xinying") and its shareholders. Xingluo Zhonghao will invest 250 million RMB with its own funds to increase the capital of Zhonghao Xinying, of which 867,011 RMB will be included in the registered capital, and the remaining portion will be included in the capital reserve. After this transaction is completed, Zhonghao Xinying will become a shareholding company of Xingluo Zhonghao, with Xingluo Zhonghao directly holding 7.6923% of its shares. The announcement stated that the company is actively laying out in the field of artificial intelligence, and has signed a "Strategic Cooperation Agreement" with Zhonghao Xinying and the Computer Innovation Technology Research Institute of Zhejiang University to jointly promote the development of artificial intelligence technology and industry. The company has also signed a "Cooperation Agreement" with the Management Committee of the Shangrao High-Speed Railway Economic Experimental Zone and the Computer Innovation Technology Research Institute of Zhejiang University to explore establishing a partnership in the field of artificial intelligence industry infrastructure construction, cross-industry application of artificial intelligence, research results transformation, and talent development. As of the disclosure date of this announcement, the company is currently investing in the construction of an AI computing center with a computing power scale of 200 PFlop/s (calculated in TF32) in Shangrao, Jiangxi Province. This center will be able to meet the demand for large-scale AI operations such as AIGC model training and inference. The AI computing center relies on the support of high-performance chips, and the target company of this investment, Zhonghao Xinying, is a core upstream supplier in the business of the computing center. This cooperation will help the company ensure the stability of core upstream supply, deepen cooperation in the field of artificial intelligence between both parties, accelerate the company's layout in the field of artificial intelligence, and enhance overall competitiveness.