Gelonghui January 18 丨 Qunxing Toys (002575.SZ) announced that the company signed a “Computing Power Service Contract” with China Mobile Communications Group Zhejiang Co., Ltd., and the company purchased computing power services from China Mobile Communications Group Zhejiang Co., Ltd. The fixed total price portion of the contract is the GPU computing power integration service fee. The fixed price (tax included) is RMB 276,050,000.00 (capital: RMB 270 million), and the tax rate is 6%. The non-fixed total price portion of the contract is the value-added telecom service fee, or IDC hosting service fee. The provisional agreement includes 12 Hangzhou IDC computer room 10KW cabinets, 32 Hangzhou IDC computer room 20KW cabinets, and 10 Hangzhou IDC computer room 30KW cabinets.

After the implementation of this contract, it is anticipated that no less than 48 Pflops (FP32) or 1440 Pflops (FP16) will be built, and the total video memory shall not be less than 56TB of intelligent computing power service resource pool.