Tunghsu Optoelectronic has made an announcement stating that its subsidiary, Changxin Intelligent Computing, has set its sights on procuring servers from a variety of suppliers. The total estimated investment for this procurement is capped at RMB 3 billion, with the primary objective of offering computing power services to its clientele. It's important to note that this transaction does not fall under the category of a significant asset restructuring or a related-party transaction. The company's board of directors has given its nod of approval for this move, and there is no requirement to present it at the shareholders' meeting. However, Tunghsu Optoelectronic cautions that the computing power business is currently in its nascent stages of expansion and is susceptible to various risks, including those associated with the market, technology, and funding. In the short term, this venture may lead to an uptick in financial expenses and could potentially have an impact on the company's performance.
