Xingyun Technology: Wholly-owned Subsidiary Increases Computing Power Service Contract to 3.357 Billion Yuan, Up Approximately 9.96% from Original Agreement

36Kr learned that Xingyun Technology announced its wholly-owned subsidiary Shenzhen Xingyun has re-signed the "Computing Power Service Agreement" and "Supplementary Agreement" with VB client, terminating the original contract. The new agreement adjusts computing power service fees and Token revenue sharing; the service term remains unchanged while the total amount including tax rises to 3.357 billion yuan, an increase of approximately 9.96% from the original contract and a 231.13% rise from the initial contract amount of 1.014 billion yuan. This cooperation covers 256 units. If implemented smoothly, it is expected to have a certain impact on the company's future operating performance.