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Core Viewpoint - The article highlights the success story of Runze Technology, which has capitalized on the AI boom by providing computing power services, transforming from a struggling company to a market leader with a valuation of 870 billion yuan, significantly increasing its market value by over 500% since 2022 [2][3]. Company Overview - Founded in 2009 by Zhou Chaonan, Runze Technology initially focused on computing infrastructure but faced losses for the first ten years until the AI wave began in 2018, leading to a turnaround [3][5]. - The company has established seven AIDC intelligent computing centers across six major economic regions in China, emphasizing the importance of computing power in the global AI competition [5][6]. Financial Performance - Runze Technology reported a revenue increase of 60.27% in 2023, reaching 4.351 billion yuan, with a net profit of 1.762 billion yuan [7]. - The stock price surged over 90% during the ChatGPT boom, with a cumulative increase of over 100% in 2024, briefly exceeding a market capitalization of 1 trillion yuan [7][8]. Client Relationships - ByteDance has become Runze Technology's largest client, with its business accounting for a significant portion of the company's revenue from 2018 to 2021, highlighting the dependency on major clients [5][6]. - The company has also collaborated with other clients, including Huawei and Kuaishou, contributing to its profitability [6]. Market Position and Challenges - Runze Technology's rapid growth has positioned Zhou Chaonan as a prominent figure in the AI industry, with her family ranking 600th on the 2025 Global Rich List [3][10]. - Despite the success, the company faces challenges due to its reliance on a few major clients, which account for over 90% of sales, posing potential risks to its revenue stability [11].