Brief

Xingyun Technology, through its subsidiary Xingyun Computing, has entered into a framework agreement to sell enterprise-grade SSDs worth 322 million yuan to Zhejiang Shenhu. This deal, which involves the company's self-developed PCIe SSDs, is expected to positively impact Xingyun Technology's future performance and brand influence, particularly within the AI server sector. Additionally, Mio Exhibition plans to invest 150 million yuan to acquire a minority stake in Shanghai Jieyue Xingchen Intelligent Technology, a company specializing in AI. AI

Miao Exhibition plans to invest 150 million yuan to acquire a minority stake in Shanghai Jieyue Xingchen Intelligent Technology. This investment is not a related-party transaction and does not constitute a major asset restructuring. The company, which primarily operates overseas exhibition services, has no business dealings with the target company and will not participate in its daily operations. There are risks associated with this investment, including potential technical misjudgments, lower-than-expected returns, and principal loss, but it is not expected to affect Miao Exhibition's existing business or asset security. AI