Cloud Technology (300209.SZ) subsidiary intends to establish a joint venture company to carry out computing power related businesses.

The Zhixun Finance APP learned that Hangyun Technology (300209.SZ) announced that its wholly-owned subsidiary, Shenzhen Hangyun Holdings Co., Ltd., plans to invest 5.1 million yuan with related parties Shenzhen Yunying International Trade Partnership Enterprise (Limited Partnership), and Shenzhen Huijian Investment Co., Ltd. to jointly establish a joint venture company Shenzhen Hangyun Huisuan Technology Co., Ltd. (referred to as "Shenzhen Hangyun Huisuan"). Shenzhen Hangyun Huisuan plans to engage in computing-related businesses, which are currently in the planning stage and have not yet started market-based operations. After establishment, Shenzhen Hangyun Huisuan will become a subsidiary controlled by the company and will be included in the company's consolidated financial statements.