Institutional shareholders join forces to "vote"! XUNCE Technology (03317)'s RMB 12 billion computing power proposal unanimously approved by shareholders' meeting.

On September 28, XUNCE Technology (03317) announced that the company held its first extraordinary general meeting of shareholders in 2026, at which three special resolutions were deliberated and unanimously approved: investing no more than RMB 12 billion to build an AI inference and computing center based on computing power and data, applying for a syndicated loan of up to RMB 10 billion with corresponding guarantees, and amending the company's articles of association to expand its business scope. All three proposals received approval ratios exceeding 99%. This vote was unequivocally a choice by institutional shareholders: institutional shareholders and long-term shareholders used their voting rights to cast votes in favor of an AI computing power layout built on high-quality orders with 100% resource utilization. If the vote at the shareholders' meeting was the choice of institutional shareholders, then the syndicated credit line of up to RMB 10 billion represents a second vote from the funding side. Authoritative fund providers are likewise endorsing the company's asset quality and cash flow based on high-quality orders. In the long run, this certain layout is expected to continuously enhance the company's core competitiveness, revenue, and profitability.