Tongyu Communication announced on November 6 that it plans to invest 500 million yuan of its own funds to establish a wholly-owned subsidiary, Shanghai Yuyuan Zhisuan Technology Co., Ltd. (the name is subject to registration with the market supervision authority). Yuyuan Zhisuan will serve as the company's computing power business platform, pursuing business exploration and industrial deployment in the intelligent computing services sector. The company will align with its development plan, leverage industrial synergy advantages, strengthen communication and collaboration with relevant partners, and promote steady business growth.
