Yangguang Share has made an announcement stating that its holding subsidiary, Shenzhen Yangguang Jinhui Technology Co., Ltd., has entered into a service agreement with Company A. Under this agreement, comprehensive server leasing services will be provided over a span of five years, with the total service fees (inclusive of tax) reaching 633 million yuan. At present, this newly established business is still in its nascent stages of expansion, possessing limited operational experience within the industry. It confronts challenges such as market expansion, technical operation and maintenance, and project management. In the first half of this year, the business yielded approximately 930,000 yuan in operating revenue, which accounted for a mere 0.77% of the company's total operating revenue during the same period, thus indicating a relatively modest business scale. Yangguang Share clarified that the company's overall operational fundamentals remain steady, and the new business exerts a limited influence on the company's overall production and operations.
