Core Viewpoint - The company has entered into a joint venture agreement with Shannon Chip Innovation to establish a joint venture company with a registered capital of RMB 120 million, aimed at expanding the intelligent computing service market [1] Group 1: Joint Venture Details - The registered capital of the joint venture will be RMB 120 million, with the company contributing RMB 90 million and Shannon Chip Innovation contributing RMB 30 million [1] - The company will hold a 75% stake in the joint venture, while Shannon Chip Innovation will hold 25%, allowing the joint venture to be accounted for as a subsidiary in the company's consolidated financial statements [1] Group 2: Strategic Rationale for Expansion - The company believes that the intelligent computing business complements its existing operations and will create synergies for overall business development [1] - There is a stable growth in demand for computing resources and processing capabilities from existing customers [1] - The company possesses long-term technical expertise, continuous investment in distributed computing, a mature supply chain, and a self-developed resource scheduling platform, enabling it to provide intelligent computing services [1] Group 3: Benefits of the Joint Venture - The joint venture will enhance technological upgrades by providing access to advanced computing chips and enriching the company's heterogeneous computing resource pool [1] - It will accelerate business expansion, allowing the company to establish intelligent computing centers for various clients, thereby improving the availability and support of computing resources in the Wuxi and Yangtze River Delta regions [1] - The joint venture will deepen collaboration with large enterprises and local governments, facilitating access to major international and local companies that require intelligent computing services [1] - The establishment of the joint venture will help the company gain a first-mover advantage in the intelligent computing industry, solidifying its leading position in edge computing, artificial intelligence, and heterogeneous computing [1]

Core Viewpoint - The company has entered into a joint venture agreement with Shannon Chip to establish a joint venture company with a registered capital of RMB 120 million to explore the intelligent computing service market [1] Group 1: Joint Venture Details - The registered capital of the joint venture will be RMB 120 million, with the company contributing RMB 90 million and Shannon Chip contributing RMB 30 million [1] - The company will hold a 75% stake in the joint venture, while Shannon Chip will hold a 25% stake, allowing the joint venture to be accounted for as a subsidiary in the company's consolidated financial statements [1] Group 2: Strategic Rationale - The company believes that the intelligent computing business complements its existing operations and will create synergies for overall business development [1] - There is a stable growth in demand for computing resources and processing capabilities from existing customers [1] - The company has the capability to provide intelligent computing services due to its accumulated technical expertise, ongoing investment in distributed computing, mature supply chain system, and self-developed resource scheduling platform [1] Group 3: Benefits of the Joint Venture - The joint venture will enhance technological upgrades by providing access to advanced computing chips and enriching the company's heterogeneous computing resource pool [1] - It will accelerate business expansion, allowing the company to establish intelligent computing centers for various clients, thereby improving the availability and support of computing resources in Wuxi and the Yangtze River Delta region [1] - The joint venture will deepen collaboration with large enterprises, facilitating access to international and local companies that require intelligent computing services [1] - The establishment of the joint venture will help the company gain a first-mover advantage in the intelligent computing industry, solidifying its leading position in edge computing, artificial intelligence, and heterogeneous computing [1]

Core Viewpoint - The company, YunGongChang (02512.HK), has announced a joint venture with Shannon Chip to establish a company with a registered capital of RMB 120 million to explore the intelligent computing service market [1][2]. Group 1: Joint Venture Details - The registered capital of the joint venture will be RMB 120 million, with the company contributing RMB 90 million and Shannon Chip contributing RMB 30 million [1]. - The company will hold a 75% stake in the joint venture, while Shannon Chip will hold 25%, allowing the joint venture to be consolidated into the company's financial statements [1]. Group 2: Strategic Benefits - The establishment of the joint venture will enhance the company's technological upgrades by providing access to advanced computing chips and enriching the heterogeneous computing resource pool [1][2]. - The joint venture will accelerate business expansion, enabling the company to build intelligent computing centers for various clients, thereby improving the availability and support of computing resources in the Wuxi and Yangtze River Delta regions [2]. - The company aims to deepen ecological cooperation with large enterprises through the joint venture, facilitating access to international and local companies that require intelligent computing services [2]. - The joint venture is expected to provide a first-mover advantage, allowing the company to solidify its leading position in edge computing, artificial intelligence, and heterogeneous computing, while attracting more cutting-edge internet enterprises and industry clients [2].

Core Viewpoint - The article highlights a two-decade ecological revolution in Tori County, Xinjiang, transforming a previously hazardous area into a model for sustainable development through ecological reconstruction, green economy empowerment, and digital transformation [1][8]. Ecological Governance - The ecological governance project initiated in 2000 has planted nearly 20 million resilient trees, creating a protective ecological barrier that spans 28 kilometers in length and 1.5 to 3 kilometers in width, significantly reducing wind damage [1][3]. - The innovative approach combines tree, shrub, and grass protection with economic crops, improving wind resistance efficiency by 70% and reducing road closures from an average of 50 times a year to single digits [1][3]. Ecological Economy - The establishment of a stable ecological forest has led to the development of a "forest economy," with the transformation of degraded forests into economically valuable species and the utilization of 30,000 acres of inter-forest land for crop rotation and intercropping [3]. - Biodiversity has increased, with a 45% rise in vegetation coverage and a threefold expansion in wildlife populations, fostering a beneficial cycle of "forest-grass-livestock" [3]. Renewable Energy Development - Tori County is leveraging its average wind speed of 6.0 m/s to develop a renewable energy base with a total capacity of 21.8 million kilowatts, including a 500,000-kilowatt wind power project that utilizes 10 MW intelligent wind turbines [5]. - By 2025, it is expected that renewable energy will account for 78% of the total installed capacity in the county, with innovative cooling solutions for data centers achieving a 40% energy saving compared to traditional setups [5][7]. Digital Transformation - The county is establishing a "green electricity-intelligent computing-industry" synergy, with a planned green carbon intelligent computing industrial park capable of 66,000 P (FP16) computing power, attracting significant investment exceeding 20 billion yuan [7]. - The park focuses on AI applications in various sectors and is expected to generate an annual output value of 2 billion yuan by the end of 2025, utilizing advanced cooling technologies that save 60% of water compared to traditional methods [7][8].