Subsidiary of Shaanxi Kanghui Pharmaceutical (603139.SH) signs computing power service contract, with an estimated total amount of 415 million to 679 million yuan.

Shaanxi Kanghui Pharmaceutical (603139.SH) announced that its wholly-owned subsidiary, Beijing Kanghui Intelligent Innovation Technology Co., Ltd. (referred to as "Beijing Kanghui Intelligent Innovation"), recently signed a "Computing Power Service Contract" with customer Company D after friendly negotiations. The contract stipulates that Beijing Kanghui Intelligent Innovation is responsible for purchasing and deploying high-performance computing servers, networking and testing the equipment according to the technical specifications required by Company D, providing full-cycle operation and maintenance services after acceptance by Company D, and Company D will pay a monthly computing power service fee to Beijing Kanghui Intelligent Innovation. The total amount of the contract is estimated to be between 415 million yuan and 679 million yuan (including taxes), with a cooperation period of 5 years from the actual commencement of billing, with the first 3 years as the initial cooperation period and the 4th-5th years as the renewal period. The signing of this computing power service contract will have a positive impact on the deepening layout of the company's computing power business, active exploration of the market, and establishment of brand effects.