Super Telecom (603322.SH) plans to establish a new holding company to promote the development of the computing power server business market.

Super Telecom (603322.SH) announced that the company intends to jointly invest with Guangzhou Runzhiyun Technology Co., Ltd. ("Runzhiyun Technology") to establish Super Intelligence (Guangdong) Technology Co., Ltd. (tentative name). Super Intelligence (Guangdong) plans to have a registered capital of 50 million yuan, of which the company plans to invest 25.5 million yuan with its own funds, holding a 51% equity stake in Super Intelligence (Guangdong). It is reported that the company's computing power business currently covers EPC services for computing power centers, sales agency of domestic computing power chips, integration and sales of computing power servers, etc. The establishment of Super Intelligence (Guangdong) with the cooperation partner aims to fully leverage the advantages of their respective technologies, products, channel ecosystems, and customer resources, promote the development of the computing power server business market, and achieve mutual benefits and win-win outcomes.