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Jingang Photovoltaic (300093.SZ) announced that its wholly-owned grandchild company, Jingang Shuhai, has terminated the original computing power service contract with a total tax-inclusive amount of 399 million yuan and signed three new AI computing power technical service contracts with a Beijing-based technology company, with a total amount of 614 million yuan (tax-inclusive). The service period is 60 months, and the service fees will be paid monthly. This contract change will not have a significant adverse impact on the company's financial condition. Moreover, the total price of the new contract has increased by 215 million yuan compared to the original contract, which will help improve the gross profit margin and profitability of the computing power business.
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