Core Viewpoint - Hainan Huatie's subsidiary terminated a 3.69 billion yuan computing power service agreement due to market changes and lack of purchase orders, prompting regulatory scrutiny from the Shanghai Stock Exchange [2][4][6] Group 1: Contract Termination - The computing power service agreement was originally signed in March for a five-year term, with an expected annual revenue of approximately 700 million yuan [4][6] - The termination was attributed to significant changes in market conditions and supply-demand dynamics since the contract was signed, with no purchase orders received [6][7] - The company confirmed that the termination of this routine business contract would not impact its normal operations or long-term strategic plans in the computing power sector [7] Group 2: Company Strategy and Operations - Hainan Huatie has been focusing on expanding its computing power services and has established a digital technology division to enhance its capabilities in the AI industry [7] - The company has reported delivering computing power assets exceeding 1.4 billion yuan as of the end of the reporting period [7] - Hainan Huatie's business primarily involves equipment leasing, with a focus on engineering equipment services and intelligent computing services [7]

海南华铁（603300.SH）子公司36.9亿元算力大单宣布告吹。 9月30日晚间，海南华铁披露公告称，子公司海南华铁大黄蜂建筑机械设备有限公司（以下简称华铁大 黄蜂）与杭州某公司签订的算力服务合同解除（合同预计含税总金额36.9 亿元）。 3月4日，海南华铁公告称，华铁大黄蜂与杭州某公司签订算力服务协议，约定为后者提供算力服务，服 务期5年。 彼时，海南华铁在公告中称，该合同的履行预计有利于拓展公司算力服务业务的市场，提升公司的盈利 能力及核心竞争力，促进公司的长远发展，符合公司整体发展战略。合同履行期限较长，预计平均每年 产生营业收入约7亿元。 但同时，海南华铁也做出风险提示：算力合同对应的设备尚未采购，由于相关产品受到市场环境、行业 政策等影响较大，公司可能面临采购难度加大或供应商无法持续稳定供货的风险，进而可能导致合同未 能如期顺利履行。 从结果来看，半年时间过去，这个备受外界关注的36.9亿元大单未能产生营收。华铁大黄蜂也据此向杭 州某公司出具解约函。 因自始至终未产生任何订单，华铁大黄蜂也未产生实际的采购成本或资本性支出，亦未进行设备交付及 验收环节，未对上市公司的当期经营成果、财务状况及现金流量 ...

Core Viewpoint - The contract worth 3.69 billion yuan for computing power services between Hainan Huatie's subsidiary and a company in Hangzhou has been terminated due to significant changes in market conditions since the agreement was signed [1][2]. Group 1: Contract Details - The computing power service contract was originally signed on March 4, with a service period of five years, expected to generate an average annual revenue of approximately 700 million yuan [1]. - The termination of the contract was prompted by the lack of any procurement orders and changes in the market environment affecting the transaction and equipment involved [1][2]. Group 2: Financial Impact - The termination of the contract has not resulted in any revenue generation, procurement costs, or capital expenditures for Hainan Huatie, and has not materially affected the company's current operating results, financial condition, or cash flow [2]. - The company stated that the termination of this routine business contract will not impact its normal production operations or long-term strategic planning in the computing power sector [2]. Group 3: Company Overview - Hainan Huatie primarily engages in equipment leasing, with key products including aerial work platforms, forklifts, and heavy-duty drones, while also developing computing power leasing services [3].

Group 1 - Hainan Huatie announced the termination of the "Computing Power Service Agreement" with Company X, which was originally signed for a contract amount of 3.69 billion yuan over a service period of 5 years [1] - The termination was attributed to significant changes in the market environment and supply-demand situation since the agreement was signed, with no purchase orders received since then [1] - Hainan Huatie primarily engages in equipment leasing and has expanded into intelligent computing services, focusing on providing comprehensive solutions for computing power [1] Group 2 - The company plans to invest 1 billion yuan in building a computing power center, aiming to provide high-end GPU-level computing resources and value-added technical services [2] - The computing power center will involve procurement of chips and servers, and will collaborate with universities and industries such as AI, autonomous driving, and high-end manufacturing [2] - As of March 2025, Hainan Huatie has signed computing power service agreements totaling 6.67 billion yuan, with over 900 million yuan in asset delivery completed [2] Group 3 - In the first half of the year, Hainan Huatie achieved total revenue of 2.805 billion yuan, a year-on-year increase of 18.89%, and a net profit of 341 million yuan, up 1.85% [3] - The company is planning to list on the Singapore Stock Exchange to enhance its international strategy and accelerate the establishment of overseas computing power centers [3]

Core Viewpoint - The contract worth 3.69 billion yuan for computing power services between Hainan Huatie's subsidiary and a company in Hangzhou has been terminated due to significant changes in market conditions since the agreement was signed [1][2]. Group 1: Contract Details - The computing power service contract was originally signed on March 4, with a service period of five years, expected to generate approximately 700 million yuan in annual revenue [1]. - The termination of the contract was prompted by the lack of any procurement orders and changes in the market environment affecting the transaction and equipment involved [1][2]. Group 2: Regulatory Response - Following the contract termination, the Shanghai Stock Exchange issued a regulatory letter to Hainan Huatie, outlining requirements regarding the termination of significant contracts [1]. Group 3: Financial Impact - The termination of the contract has not resulted in any actual procurement costs or capital expenditures for Hainan Huatie, nor has it affected the company's current operating results, financial status, or cash flow [2]. - The company stated that the termination of this routine business contract would not impact its normal production operations or long-term strategic planning in the computing power sector [2]. Group 4: Business Operations - Hainan Huatie primarily engages in equipment leasing, including aerial work platforms, forklifts, and heavy-duty drones, while also developing computing power leasing services [2].

海南华铁（603300）9月30日晚间公告，公司全资子公司海南华铁大黄蜂建筑机械设备有限公司（简称"华铁大黄蜂"）于2025年3月与杭州X公司（简称"X 公司"）签署了《算力服务协议》（简称"原协议"），约定华铁大黄蜂向X公司提供算力服务，算力服务期为5年，合同预计总金额为36.9亿元（含税）。 基于原协议所涉交易及设备的市场环境及供需情况已较签署时发生较大变化，且协议签订以来未收到任何采购订单，公司近日向X公司出具《关于解除< 算力服务协议>的函》。后续X公司无需向华铁大黄蜂支付原协议所载价款，华铁大黄蜂亦无需向X公司提供原协议所载算力服务，除双方仍需对原协议 及其内容、履行及解除负有保密义务外，双方就原协议及其履行或解除不存在其他待解决事项或争议、纠纷。 公告称，截至公告披露日，原协议尚未履行且与X公司无其他正在履行的算力协议，本次未产生实际的采购成本或资本性支出，亦未进行设备交付及验收 环节，未对公司的当期经营成果、财务状况及现金流量产生任何实质性影响。 公告还称，本次终止的为日常经营合同，合同终止不影响公司正常的生产经营，不会影响公司在算力领域的长期部署和战略规划，亦不存在严重损害公司 及全体股东利益 ...

公告称，截至公告披露日，原协议尚未履行且与X公司无其他正在履行的算力协议，本次未产生实际的 采购成本或资本性支出，亦未进行设备交付及验收环节，未对公司的当期经营成果、财务状况及现金流 量产生任何实质性影响。 公告还称，本次终止的为日常经营合同，合同终止不影响公司正常的生产经营，不会影响公司在算力领 域的长期部署和战略规划，亦不存在严重损害公司及全体股东利益的情形。公司将继续推进算力业务落 地，积极拓展合作伙伴，把握算力发展的重要机遇。敬请广大投资者理性投资，注意投资风险。 对此，上交所火速向海南华铁下发监管工作函，就公司重大合同终止相关事项明确监管要求。涉及对象 包括上市公司、董事、监事、高级管理人员。 | 证券代码 - - 证券资料 - - 品管类型 - 处理事由 | 消及対象 - 处理目期 | | --- | --- | | 603300 >> 海南华快 > 监管工作语 就公司置大合同终止相关事项明确监管要求 | 上市公司,葡事监事,高级管理人 2025-09-30 | 据公司官网简介，海南华铁是海南省属资产规模最大的国有综合性投资运营平台海南省发展控股有限公 司（简称"海南控股"）控股子公司，位于浙江省 ...

【导读】海南华铁36.9亿元算力服务协议近日解除 见习记者 夏天 节前最后一个公告日， 海南华铁 （证券代码：603300）释放大利空。 9月30日晚间，海南华铁公告称，全资子公司海南 华铁大黄蜂 建筑机械设备有限公司（以下简称华铁大黄蜂）与杭州X公司签署的预计总 金额36.9亿元（含税）的5年期 算力服务协议 ，因市场环境变化且未收到采购订单，近日已发函解除。 公告一出， 海南华铁 投资者社区一片哗然。在股吧中，不少投资者对公司发出强烈质疑。 随后，上交所火速下发监管函，就 海南华铁 重大合同终止相关事项明确监管要求，涉及对象 包括 上市公司 、 董事 、 监事 、 高级管理 人员。 回溯来看，2025年3月4日晚，海南华铁公告称，华铁大黄蜂与 杭州X公司 签订了《算力服务协议》，约定华铁大黄蜂为杭州X公司提供算 力服务，算力服务期 为 5年，预计合同总金额为36.9亿元（含税）。 在公告中，海南华铁以涉及商业秘密为由，对杭州X公司并未 作 详细披露。 2024年， 海南华铁 实现营收51.71亿元。由于该合同总金额巨大，占营收比例较高（约占2024年营收的71%），且涉 及 热门的算力概 念，因此公告发布 ...

鉴于原协议所涉交易及设备的市场环境及供需情况已较签署时发生较大变化，且协议签订以来未收到任 何采购订单，华铁大黄蜂于近日向X公司出具《关于解除的函》，后续X公司无需向华铁大黄蜂支付原 协议所载价款，华铁大黄蜂亦无需向X公司提供原协议所载算力服务，除双方仍需对原协议及其内容、 履行及解除负有保密义务外，双方就原协议及其履行或解除不存在其他待解决事项或争议、纠纷。截止 公告披露日，原协议尚未履行且与X公司无其他正在履行的算力协议，本次未产生实际的采购成本或资 本性支出，亦未进行设备交付及验收环节，未对公司的当期经营成果、财务状况及现金流量产生任何实 质性影响。 格隆汇9月30日丨海南华铁(603300.SH)公布，公司全资子公司海南华铁大黄蜂建筑机械设备有限公司 （简称"华铁大黄蜂"）于2025年3月与杭州X公司（简称"X公司"）签署了《算力服务协议》（简称"原 协议"），约定华铁大黄蜂向X公司提供算力服务，算力服务期为5年，合同预计总金额为36.9亿元（含 税）。基于原协议所涉交易及设备的市场环境及供需情况已较签署时发生较大变化，且协议签订以来未 收到任何采购订单，公司近日向X公司出具《关于解除的函》。 ...

海南华铁（603300）(603300.SH)发布公告，公司全资子公司海南华铁大黄蜂建筑机械设备有限公司(简 称"华铁大黄蜂")于2025年3月与杭州X公司(简称"X公司")签署了《算力服务协议》(简称"原协议")，约 定华铁大黄蜂向X公司提供算力服务，算力服务期为5年，合同预计总金额为36.9亿元(含税)。基于原协 议所涉交易及设备的市场环境及供需情况已较签署时发生较大变化，且协议签订以来未收到任何采购订 单，公司近日向X公司出具《关于解除 <算力服务协议> 的函》。 ...