Hangzhou Shenhao Technology Co Ltd

Shenhao Technology's wholly-owned subsidiary Shenhao Intelligent Computing signed a High-Performance Server Sales Contract with Supplier A, with a total contract value of 179 million yuan including tax, under which Shenhao Intelligent Computing will procure high-performance servers from Supplier A.

Shenhao Technology has fully funded the establishment of Hangzhou Shenhao Intelligent Computing Technology Company, with a registered capital of 50 million yuan. The legal representative is Tao Zhifeng. The business scope covers digital technology services, data processing and storage support services, cloud computing equipment technology services, big data services, and artificial intelligence industry application system integration services.

On the evening of July 3, multiple listed companies on the Shanghai and Shenzhen stock exchanges issued important announcements. Pengding Holdings plans to raise up to 9.6 billion yuan through a private placement for AI server and high-speed optical module high-density interconnect laminate projects. Shenhao Technology plans to sign a server procurement contract worth up to 2 billion yuan for computing power leasing services. In terms of performance, Jiangbolong expects a net profit of 9.2 billion to 11 billion yuan in the first half of the year, a year-on-year increase of 62,204% to 74,394%. Guotai Haitong expects a net profit attributable to the parent company of 20.003 billion to 20.511 billion yuan in the first half of the year, setting a new half-year record high. Several companies have announced share reduction plans, including Haiou Shares, whose controlling shareholder plans to reduce holdings by no more than 3%, and Data Harbor, whose shareholder Ningbo Ruixin plans to reduce holdings by no more than 3%. In addition, Dongliyuan is planning a change of control, and its shares will be suspended from trading starting July 6.

Shenhao Technology announced that the company and its wholly-owned subsidiaries plan to purchase servers from multiple suppliers, with the total procurement contract amount expected not to exceed 2 billion yuan, primarily to provide computing power leasing services to customers.