4 billion! Co-Creation Data once again made a major purchase of servers. The disclosed amount for the year is close to last year's full-year revenue.
After announcing plans to purchase servers worth no more than 3 billion yuan in early March this year, Xiechuang Data disclosed once again on the evening of the 27th that it intends to purchase servers from multiple suppliers, with the total amount expected not to exceed 4 billion yuan. So far this year, Xiechuang Data has disclosed investments in server purchases totaling potentially 7 billion yuan, close to the company's annual revenue in 2024, as well as the total assets of the company as of the end of last year. Due to the expansion of its business and increased inventory, Xiechuang Data's current liquidity is not ideal, and how to support such a large-scale investment is worth paying attention to.
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