Tianyang Technology: Unwilling to Disclose Specifics of Purchasing 20,000 NVIDIA GPUs

Today, Tianyang Technology announced via its official WeChat account that it has signed a 'GPU Procurement Agreement' with X Company to purchase 20,000 NVIDIA RTX PRO 5500 Blackwell units. When queried by the company's securities department regarding the procurement price, total amount, and delivery schedule, a staff member responded that specific details cannot be disclosed at this time and will be revealed later if disclosure thresholds are met. It is understood that the product has not yet been launched and its price remains undetermined. Based on public information and current market prices for similar products, the domestic quoted price for this GPU may exceed 100,000 yuan per unit; with a procurement volume of 20,000 units, the total amount would surpass 2 billion yuan. Meanwhile, Tianyang Technology's semi-annual report for 2026 shows that as of the end of June, the company's cash and cash equivalents on hand were approximately 508 million yuan. (Caixin Global)