Zhongding Group Issues Clarification: Strategic Cooperation Pact with Tencent Cloud Unlikely to Substantially Affect This Year’s Operating Results
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Author:小编   

Zhongding Group released an official statement, noting that it has become aware of online reports claiming, "Zhongding Group has forged a strategic partnership with Tencent Cloud to collaboratively construct intelligent new infrastructure for the manufacturing sector." These reports highlighted that on August 10, Zhongding Group formally inked a strategic cooperation agreement with Tencent Cloud. This pact encompasses not only Tencent Cloud's procurement of products and services from Zhongding Group but also the reciprocal purchase of products and services by Zhongding Group from Tencent Cloud. At present, the "Strategic Cooperation Agreement" has not yet yielded any revenue and is not anticipated to significantly influence the company's operating performance for the current year. The eventual impact on the company's operating performance will hinge on the specific project agreements that both parties will sign subsequently, as well as the execution of those agreements.

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