Nongshang Environment: The controlled subsidiary's investment of 83.69 million yuan in the computing power infrastructure project was not as expected due to a lack of progress in fundraising, and all shareholders have not yet made their required contributions.

date
15/01/2026
Nongshang Environmental Announcement: The company's holding subsidiary, Guangzhou Xinsuan Shengyang Technology Co., Ltd., plans to invest 83.693 million yuan in the construction of Guangzhou Smart Innovation Valley Computing Infrastructure Project at 1-2 floors, 2 Tianyun Road, Tianhe District, Guangzhou City. The original expected construction period was 3 months. As of now, due to the slower progress in raising project funds than expected, shareholders of Xinsuan Shengyang have not yet contributed capital. Although the company and its partners have continued to advance some preliminary work, the overall project construction progress has been temporarily halted and unable to proceed as originally planned.