Yangguang Share has made an announcement stating that its majority-owned subsidiary, Shenzhen Yangguang Digital Technology Co., Ltd., is set to invest a sum not exceeding 980 million yuan in the establishment of the Yangguang Intelligent Computing Center project. This ambitious endeavor will be situated in Xingning City, within the jurisdiction of Meizhou City, Guangdong Province. The anticipated operational date for this project is slated for October 2027, with the financial resources for its realization being drawn from either the company's internal reserves or through external funding avenues. However, Yangguang Share also issues a note of caution, highlighting that the project is susceptible to various risks, including potential delays in obtaining necessary approvals, challenges in securing adequate funding, complexities associated with cross-sector operations, and the possibility of incurring prolonged financial losses.
