Xingyun Technology (SHE:300209) signed a 299.6 million yuan contract to procure computing power services from an unnamed state-owned supplier, according to a
Under the eight-year contract term, the technology company will purchase 32 high-end computing servers.
In an additional framework agreement, the supplier plans to agree to provide 128 high-end computing servers to the company, with a service term of 60 months.
The company's shares jumped 4% at the close.