Recently, Maxvision Technology addressed investor inquiries concerning the framework agreement for leasing computing power and its execution on an interactive platform. The company clarified that several contracts pertaining to intelligent computing are currently being systematically executed. Beginning in April 2026, Maxvision Technology has embarked on expanding its intelligent computing business, securing over RMB 355 million in revenue from intelligent computing services in the first half of the year. Its computing power cluster project has been completed and is now operational, and it is anticipated that the company will enjoy stable revenues from intelligent computing services for at least the next five years. The intelligent computing business has emerged as a new driving force behind the company's performance growth.
Maxvision Technology primarily dedicates its efforts to researching next-generation information technology and offers comprehensive services related to intelligent computing. Its downstream clientele encompasses internet companies, large-scale model manufacturers, and more. In May 2026, its wholly-owned subsidiary inked computing power industry cooperation agreements amounting to approximately RMB 6 billion. At present, the burgeoning demand for AI is compelling leading cloud providers to expedite their AI investments, thereby bolstering the likelihood of growth in the computing power market. Domestic AI computing power is currently in scarce supply, fueling sustained high demand within the computing power leasing sector and driving up leasing prices for high-end AI chips. It is projected that the tight supply-demand dynamics for computing power will persist throughout the latter half of the year, with computing power leasing prices remaining elevated.
