Halo New Network: As of now, the scale of the computing power business has exceeded 4000P, with an annual contract amount of over 1 billion yuan.

Halo New Network stated during institutional research on March 18 that the company has deployed high-performance computing hardware in Beijing Kexin Shengcai Cloud Computing Center and Tianjin Zanpu Cloud Computing Center to provide users with high-performance intelligent computing power services, intelligent network services, etc. As of now, the scale of computing power business has exceeded 4000P, with an annual contract value exceeding 100 million yuan. Computing power demand fluctuates greatly due to market hotspots and industry cycles. The emergence and iteration of new application technologies lead to rapid changes in computing power demand, with diverse demand scenarios and significant price fluctuations. Due to hardware configuration limitations and capital investment requirements, it is necessary to lock in customer long-term demand in the early stages. At the same time, the company has a large number of data center projects under construction and planning. Comprehensive consideration and overall planning are needed in terms of capital investment. Whether to continue investing in the layout of computing power business in the future will depend on customer order situations.