Century Huatong: a holding subsidiary signed a cooperation framework agreement with Litong Electronics.

[century Huatong: holding subsidiary signs cooperation framework agreement with Litong Electronics]-according to the announcement of Century Huatong, the company's holding subsidiary Century Longteng and Litong Electronics recently signed a cooperation framework agreement. Shanghai Century Litong data Service Co., Ltd. will be established by means of establishment and capital increase, with a planned capital contribution of 50 million yuan and a planned capital contribution of 450 million yuan. The main business of the project company is to provide AI computing services, the AI computing business of the project company will be all deployed in Tencent Yangtze River Delta artificial intelligence supercomputing center in Songjiang District, Shanghai, and Shenzhen Yifeng Technology Guangming 5G big data Center in Guangming District, Shenzhen, and a full range of IDC hosting and operation and maintenance services will be provided by Century Longteng or a mutually approved third party.