On September 14, sources revealed that during recent institutional research, Xingyun Technology announced that, as of September 8, 2026, it had secured long-term framework orders for computing power over a five-year period, totaling 16.004 billion yuan. These clients encompass high-caliber enterprises, including leading listed companies of central state-owned enterprises and top-tier large model manufacturers. Such clientele boasts strong loyalty and a high degree of performance assurance. In July, the company successfully executed price adjustments and capacity expansions for three key orders. The company's core long-term orders are structured around a model of 'monthly delivery, monthly payment collection, and monthly revenue recognition', guaranteeing a consistent and sustainable revenue stream. The initial deliveries to Customer V, Customer VB, and Customer VC have already been leased out, with revenue recognized starting from August. The corresponding performance will be reflected in the company's third-quarter report; furthermore, deliveries to Customer VD are expected to be finalized within the next 60 days.