Intelligent Financial APP News, AI Electronics (301259.SZ) announced to expand the company's presence in the field of artificial intelligence, the company's holding subsidiary Hangzhou Xingluozhonghao Technology Co., Ltd. ("Xingluozhonghao") intends to sign a "Capital Increase Agreement" and a "Shareholders' Agreement" with Zhaohuixinying (Hangzhou) Technology Co., Ltd. (referred to as the "Target Company" or "Zhaohuixinying") and its shareholders, where Xingluozhonghao will use its own funds to increase the capital of Zhaohuixinying by 0.25 billion yuan, of which 0.867011 million yuan will be included in the registered capital, and the remaining portion will be included in capital reserves. After this transaction is completed, Zhaohuixinying will become an equity investee of Xingluozhonghao, with Xingluozhonghao directly holding a 7.6923% stake.

The announcement stated that the company is actively laying out in the field of artificial intelligence, having signed a "Strategic Cooperation Agreement" with Zhaohuixinying, Zhejiang University Computer Innovation Technology Research Institute, to jointly promote the development of artificial intelligence technology and industry. Also, signed a "Cooperation Agreement" with the Shangrao High-speed Rail Economic Test Zone Management Committee, Zhejiang University Computer Innovation Technology Research Institute, to jointly explore and establish partnership in the field of artificial intelligence industry infrastructure, cross-industry applications of artificial intelligence, research results transformation, and talent development.

As of the date of this announcement, the company is in the process of constructing an AI computing power center with a scale of 200 PFlop/s in Shangrao City, Jiangxi Province (calculated in TF32), to meet the demand for large-scale AI computing such as AI model training and inference. The AI computing power center relies on the support of high-performance chips. The target company of this investment, Zhaohuixinying, is the core upstream supplier of the computing power center business. This cooperation will help the company ensure stable supply of core upstream resources, deepen cooperation in the field of artificial intelligence, promote the company's accelerated layout in the field of artificial intelligence, and enhance overall competitiveness.