HONGBO(SZ:002229) Xin Lang Cai Jing·2025-10-17 11:46Core Viewpoint - Hongbo Co., Ltd. has made significant progress in the construction of an intelligent computing center through its wholly-owned subsidiary, Yingbo Digital Technology, by signing a series of contracts with Beijing Jingneng International Holdings Limited, with a total contract value of approximately 999.68 million yuan [1] Group 1: Contract Details - Yingbo Digital Technology signed a contract for the construction of an intelligent computing center with a total computing power of 1024 PFLOPS, with a total transaction amount of 999,682,000 yuan [1] - The company is set to receive payments from Beijing Jingneng on two occasions, totaling approximately 499.84 million yuan and 299.90 million yuan [1] - A supplementary agreement was signed on December 3, 2024, which revised the equipment procurement agreement, reducing the contract amount to approximately 645.63 million yuan while maintaining the computing power scale [1] Group 2: Debt Settlement - On December 3, 2024, Yingbo Digital Technology signed a debt offset agreement with Jingneng Haibei and a third party, allowing for the offset of receivables amounting to approximately 258.19 million yuan against outstanding debts and quality deposits owed to Jingneng Haibei [2] - Following the completion of the debt offset, Yingbo Digital Technology has remaining receivables of approximately 30.72 million yuan from the third party and a quality deposit of approximately 32.28 million yuan from Jingneng Haibei [2] - The completion of the debt offset agreement is expected to enhance the company's operational efficiency, with specific accounting treatments and impacts on business performance to be detailed in periodic reports [2]