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Qunxing Toys has announced the completion of a significant milestone in its technological advancement. On January 18, the company officially signed a "Computing Power Service Contract" with China Mobile Zhejiang, securing essential computing power services. Subsequently, on June 27, a supplementary agreement was executed between Qunxing Toys' wholly-owned subsidiary, Hangzhou Turing Engine, and China Mobile Zhejiang, specifying that Hangzhou Turing Engine would bear the associated expenses. The second phase of the Turing Town Smart Computing Power Service project has now been successfully delivered and accepted, marking a crucial step forward for the company's technological infrastructure. Furthermore, on December 26, 2024, Hangzhou Turing Engine fulfilled its financial obligation by paying RMB 154 million to China Mobile Zhejiang.
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