Youfang Technology: Intends to sign a framework purchase contract, with a total amount not exceeding 4 billion yuan.

Youfang Technology announced that the company and its subsidiaries plan to sign a procurement framework contract, with a total amount not exceeding 4 billion yuan. The type of contract is a procurement framework contract, which will take effect after approval by the company's board of directors and shareholders' meeting and the authorized representatives of both parties signing. The contract performance period will be executed according to the contract signed by both parties. It is expected that the smooth performance of the contract will have a positive impact on the company's financial condition and operating results for this year and future years. The other party to the contract is multiple server suppliers, and specific information has not been disclosed due to commercial secrets and market competition. The payment methods of the contract include bank transfers and letters of credit, and the expected delivery time is October 2025.