Shenhao Technology: Plans to purchase servers not exceeding 2 billion yuan for computing power leasing.
Shen Hao Technology Announcement: The fifth session of the fifth board of directors of the company reviewed and approved the proposal on the purchase of assets by the company and its subsidiaries. To meet the needs of business development, the company and its subsidiaries plan to purchase servers from multiple suppliers, with the total amount of the procurement contract not exceeding 2 billion yuan, mainly for providing customers with computing power leasing services. The proposal is still pending approval at the company's 2026 third interim shareholders meeting. In addition, the meeting also approved the company and its subsidiaries' plan to apply for credit and financing leases from banks and other financial or non-financial institutions with a total amount not exceeding 2.5 billion yuan.
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