On November 24, 2023, Gelonghui reported that Maixinlin (688685.SH) announced important contracts for daily operations signed by its controlling subsidiaries. The contracts were signed by the controlling subsidiaries Suzhou Ruiying Zhichuan Technology Co., Ltd. (Ruiying Zhichuan) and Suzhou Ruixin Asia Vets Technology Co., Ltd. (Ruixin Asia Vets) with Peking Chengjian Zhikong Technology Co., Ltd. (Peking Chengjian), with contract amounts of approximately 0.24 billion yuan and 120 million yuan respectively.
The announcement states that the collaboration period for computing power services is five years, commencing from the date of contract signing and the signing of the "Acceptance Report." The initial delivery of computing power services will start from this date, and if payment is made in advance, it will start from the actual delivery date. If the contract is executed smoothly, it is expected to have a positive impact on the company's performance in 2024-2025, contributing to enhancing the company's sustained profitability and core competitiveness.