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Xingyun Technology has revealed that its majority-owned subsidiary, Xingyun Storage and Computing, has entered into a Framework Agreement for Equipment Sales with Zhejiang Shenhu. Under the terms of this agreement, Xingyun Storage and Computing will supply its proprietary enterprise-grade SSDs to Zhejiang Shenhu, at a total price inclusive of taxes amounting to 322 million yuan. Should the contract be executed without a hitch, it is anticipated to yield a favorable impact on the company's forthcoming operational performance. The SSDs involved in this transaction are primarily geared towards businesses associated with AI servers, seamlessly complementing the company's other related ventures. The execution of this contract is poised to expedite the sales of the company's independently developed products and amplify the brand's clout within the industry.
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