On September 18, 2026, Parallel Technology made an announcement stating that its wholly-owned subsidiary, Wuhan Parallel Intelligent Computing Technology Co., Ltd., had entered into a significant agreement with Customer A on September 16. As per the terms of this agreement, Wuhan Parallel is set to furnish Customer A with GPU computing resources, essential supporting IT equipment, and a range of related technical services. This provision will span a five-year period, commencing on January 15, 2027, and concluding on January 14, 2032. The total contract value, inclusive of taxes, is capped at an impressive 1.913 billion yuan.
