CHINASOFT INT'L (00354): Signed a 1 billion yuan high-end AI computing power equipment sales agreement to accelerate the commercialization of computing power business.

CHINASOFT INT'L (00354) announced that, following the company's official entry into the computing power business, in order to explore and strategically transform the high-value Token operator business model in the group, the company's wholly-owned subsidiary, Beijing Zhongruan International Information Technology Co., Ltd., has recently signed high-end AI computing power equipment sales agreements with several independent third-party customers (the "agreements"). According to these agreements, the group will supply high-end AI computing power equipment and supporting resources to customers, with a total contract amount of approximately RMB 1 billion. The related equipment will mainly be used in customer artificial intelligence research and development, high-performance computing, and AI computing power infrastructure construction scenarios. The signing of this agreement marks an important commercial breakthrough for the group's AI infrastructure business, and also represents that the high-end AI computing power sector of the group has officially entered the stage of market landing from the strategic layout stage. With the rapid development of the artificial intelligence industry, the market demand for high-performance, high-stability high-end AI computing power equipment and supporting services continues to rise. The company believes that the signing of this agreement will effectively expand the group's customer base in the high-end AI computing power business, enhance industry market awareness, and bring substantial revenue from the sales of high-end AI computing power equipment to the group. At the same time, this cooperation will lay a solid market and business foundation for future high-end AI computing power equipment sales, computing power resource leasing, Token commercial operation, AI application integration, and industry-wide intelligent solutions. The high-end AI computing power equipment sales business will synergize effectively with the group's existing AI product system, cloud service capabilities, and vertical industry solutions, helping the group integrate computing power supply, model services, and scenario-based industry applications, improve the integrated "computing power-model-intelligent body" technology and business ecosystem, and cultivate a new core business growth curve for the group. The signing of this agreement is in line with the overall strategic development plan of the group and the overall interests of all shareholders. In the future, the group will continue to promote the market-oriented operation of high-end AI computing power equipment procurement, sales, and supporting services, actively expand upstream supply chain resources, optimize customer structure, broaden landing scenarios in various industries, and establish a sustainable iterative cycle of computing power procurement, delivery, sales, and operational services. The company believes that as the group's high-end AI computing power supply and delivery system matures and market orders continue to expand, the high-end AI computing power business will become one of the core pillars driving the deep-rooted AI strategy and long-term business growth of the group.