In the course of institutional research, Sinnet disclosed that it has strategically installed high-performance computing hardware at both the Beijing Kexin Shengcai Cloud Computing Center and the Tianjin Zanpu Cloud Computing Center. This deployment aims to offer state-of-the-art intelligent computing power and comprehensive network services. Presently, the magnitude of Sinnet's computing power business has surpassed the 4000P milestone, boasting an annual contract value that exceeds RMB 100 million.

The demand for computing power is subject to substantial fluctuations, influenced by prevailing market trends and the cyclical nature of industries. The advent and continuous evolution of novel application technologies have expedited shifts in computing power requirements, giving rise to a plethora of demand scenarios and notable price volatility. Given the constraints associated with hardware configuration and capital outlay, it becomes imperative to ascertain and secure long-term customer demand well in advance. Concurrently, Sinnet is actively engaged in the construction and planning of multiple data center projects, necessitating a holistic approach to capital investment. Future investments in the computing power business will be contingent upon customer orders and market demand.