Incident: On February 26, 2024, Runjian Co., Ltd. and Huawei Digital Energy Technology Co., Ltd. (hereinafter referred to as “Huawei Digital Energy”) held a cooperation signing ceremony in Shenzhen. The two sides will conduct all-round exchanges and cooperation in the fields of intelligent computing centers, smart photovoltaics, and charging networks to jointly create full-life cycle solutions and promote the digital development of energy.

Runjian Co., Ltd. and Huawei complement each other's digital energy advantages and cooperate to promote strong alliances. As the world's leading provider of digital energy products and solutions, Huawei Digital Energy continues to innovate around customer needs based on the integration of digital technology and power electronics technology, information flow and energy flow, and is committed to providing zero-carbon full-scenario solutions for global customers and partners. As a leading digital intelligent operation and maintenance manufacturer, Runjian Co., Ltd. promotes the application of AI models and other technologies in the industry, provides strong support for building a green, efficient, and sustainable clean energy system, and creates green computing power.

Comprehensive cooperation in intelligent computing, photovoltaics, and charging networks to develop a full range of services such as consulting, construction, technological transformation, and intelligent operation and maintenance. Runjian Co., Ltd. will give full play to its service advantages in the fields of operators, intelligent computing centers, power distribution rooms, photovoltaic power plants, charging stations, etc., and work with Huawei Digital Energy to create an end-to-end solution for technological transformation. At the same time, the two sides will also explore the application of AI technology in the operation and maintenance industry, ensure the efficient and safe operation of infrastructure, and create intelligent, autonomous, controllable, safe and efficient, green and energy-saving demonstration projects.

Long-term cooperation with Huawei in multiple fields effectively guarantees the supply of overseas and domestic computing power resources. The company and Huawei have cooperated a lot in the past in the fields of communications, digitalization, and new energy. They have cooperated with Huawei on projects such as the China-ASEAN Artificial Intelligence Supercomputing Center in the field of computing power. Wuxiang Cloud Valley has also purchased Huawei devices, which will provide users with various computing power services such as inference computing power, training computing power, and graphic video computing power based on the “Shengteng Computing” solution. In the future, the two sides also plan to expand cooperation in fields such as intelligent computing centers, AI big models, big model applications, and cloud resource platforms. At the same time, Runjian Co., Ltd. has signed a “Cooperation Agreement” with Allianz. As an elite partner of NVIDIA (NVIDIA) in China, Allianz has strong capabilities to guarantee the supply of computing power resources.

It is a core participant in the construction of the national computing network, and has obvious advantages in construction, operation and maintenance, and scheduling. Runjian Co., Ltd. is mainly involved in the construction of the Wuxiangyungu Intelligent Computing Center, and has accumulated rich experience in communication and energy operation and maintenance, and the intelligent computing center operation and maintenance business is also expanding rapidly. The company's computing power center integrated management, operation and maintenance platform has been used in multiple supercomputing centers and is in a leading position in the industry. The cooperation between Runjian Co., Ltd. and Allianz Technology is also beneficial to greatly enhance the technical capabilities of computing power scheduling.

Major manufacturers and research institutes cooperate to continuously verify intelligent computing service capabilities, and implement them step by step. Wuxiang Cloud Valley, a holding subsidiary of Runjian Co., Ltd., cooperated with Alibaba Cloud to build the “China-ASEAN Intelligent Computing Cloud”. The first phase plans 2,500P computing power. The company joined hands with Guangzhou Electronics of the Chinese Academy of Sciences to jointly develop a large model to create a computing power management base. According to the cooperation agreement between the company and Allianz, the first phase of the Wuxiang Yungu Cloud Computing Center is planning to build 6,000 cabinets with the assistance of Allianz. The company's cooperation channels and customers are of high quality, which shows the company's leading strength in intelligent computing construction and operation.

The basic model for world-class industry applications is expected to deeply empower the “curve ruler” AI platform and promote practical application implementation. Runjian Co., Ltd. independently develops a “curved ruler” AI open platform to help customers quickly build various software and hardware industry solutions, and empower the existing three major business lines. The strategic cooperation between Runjian Co., Ltd. and Alliancom will enable Runjian Co., Ltd. to better utilize NVIDIA (NVIDIA)'s strong application development ecosystem, introduce a world-class basic model for industry applications, and help develop and apply computing power models. On February 26, Huawei also released the first major model for the communications industry, providing intelligent applications based on roles and scenarios in response to the industry's advanced intelligent goals of agile service delivery, accurate user experience guarantee, and efficient operation and maintenance across fields. Runjian Co., Ltd. is teaming up with leading international AI companies, and subsequent product enhancements and application implementation are expected to accelerate.

Risk warning: market competition risk, technology and product iteration risk, major customer concentration risk.