Orid (600666.SH) Makes Announcement: Plans to Invest Around RMB 145 Million in Computing Power Equipment Acquisition
2 day ago / Read about 0 minute
Author:小编   

Orid (600666.SH) has issued an official announcement revealing that its majority-owned subsidiary, Shenzhen Zhisuanli Digital Technology Co., Ltd., is set to invest approximately RMB 145 million in the procurement of computing power equipment. The primary focus of this investment will be on acquiring servers, among other related assets. It's important to note that this strategic move does not entail any related-party transactions or significant asset restructuring activities.

Nevertheless, the project is not without its risks. Potential challenges include implementation delays, uncertainties surrounding performance outcomes, and industry-specific risks. These risks encompass the possibility of delays in the delivery of core equipment, substantial capital investments in heavy assets for the business, performance unpredictability stemming from fluctuations in service fee prices, and fierce industry competition that might result in overcapacity situations. All these factors have the potential to adversely affect the company's financial performance.