Shida Group: Completes the acquisition of 95% of the equity of Shuchan Mingshang and undertakes a computing power contract worth 674 million yuan.

Shida Group announced that on February 12, 2026, the company completed the acquisition of 95% equity of Fujian Shuchanmingshang Technology Co., Ltd. and completed the industrial and commercial registration changes, with Shuchanmingshang becoming a subsidiary. Mingcheng Shuke will transfer the rights and obligations of the "Computing Power Procurement Cooperation Agreement" and other agreements signed with Shanghai Unicom to the company, with an annual contract amount of 1.21 billion yuan, a term of 5 years and 7 months, and a total amount of 6.74 billion yuan. Relevant parties have signed the transfer agreement. This contract is a normal operational contract, and changing the subject can avoid adding related transactions. In the event of force majeure affecting performance, investors need to pay attention to risks.