Litong Electronics: plans to cooperate with Century Longteng and sign a cooperation framework agreement

[Litong Electronics: plans to cooperate with Century Longteng and sign Cooperation Framework Agreement] Litong Electronics announced that it intends to cooperate with Century Longteng and sign a cooperation framework agreement to set up a project company "Century Litong" by Century Longteng in Songjiang, Shanghai, with a registered capital of 50 million yuan. Its main business is to provide AI computing leasing services. The AI computing power leasing business of the project company is all deployed in Tencent Yangtze River Delta artificial Intelligence supercomputing Center in Songjiang District, Shanghai, and big data Center in Shenzhen Yifeng Science and Technology Bright 5G, Guangming District, Shenzhen, and a full range of IDC hosting and operation and maintenance services are provided by Century Longteng or a third party approved by both parties.