Xingyun Technology: In-Year Computing Power Orders Reach Approximately 20.641 Billion Yuan; Plans Share Buyback of 200-300 Million Yuan

According to 36Kr, Xingyun Technology announced that its cumulative disclosed orders for computing power and storage this year total approximately 20.641 billion yuan. Leading clients, including V customers, VB customers, and VC customers, have negotiated price increases for leases; the second contract amount adjustment has been completed for V and VB customers. The company stated that volume expansion and price adjustments result from a convergence of factors including tightening external supply and demand, client business expansion, and the realization of the company's delivery capabilities. In the secondary market, actual controller Wang Wei has increased holdings multiple times this year, with his second purchase nearing 50 million yuan and still ongoing; Chairman and General Manager Zhang Wen proposed initiating a share buyback on November 2, planning to invest between 200 million and 300 million yuan. Additionally, the company responded to forward-looking statements regarding revenue structure expectations for Q4 and 2027, noting uncertainties related to these matters, with specific data subject to official announcements.