子公司终止36.9亿元算力合同，海南华铁收监管工作函

Core Points - Hainan Huatie announced the termination of the "Computing Power Service Agreement" with Hangzhou X Company, originally signed in March 2025, with a total expected value of 3.69 billion yuan (including tax) [1] - The termination was due to significant changes in market conditions and lack of procurement orders since the agreement was signed [1] - The company stated that the termination of this routine business contract will not affect its normal operations or long-term strategic planning in the computing power sector [1] Regulatory Actions - The Shanghai Stock Exchange issued a regulatory letter to Hainan Huatie regarding the termination of the major contract, which involves the company, its directors, supervisors, and senior management [2]