Core Viewpoint - The company is advancing its investment in green computing infrastructure in collaboration with the government of Qingyang, aligning with the national strategy of "East Data West Computing" [2][5]. Investment Overview - The company’s subsidiary, Gansu Suihong Green Computing Co., Ltd., plans to sign an investment framework agreement with the Qingyang government to jointly develop a green intelligent digital infrastructure project [2][3]. - The project will cover approximately 500 acres with a total investment estimated at 12.8 billion yuan, to be constructed in phases [3][5]. Project Details - The project includes the establishment of a high-performance intelligent computing center, a server modification and support base, a domestic computing adaptation research institute, a national computing scheduling platform, and a trusted data space [4][5]. - The intelligent computing center will be built to national data center A-level standards, accommodating over 2,500 high-power cabinets and deploying at least 40,000 PFlops of operational computing power [4][5]. Strategic Importance - Qingyang is identified as a core area for the company's computing business development, being one of the eight national hubs for the "East Data West Computing" initiative [5][6]. - The project aims to meet the rapidly growing demand for computing power driven by the artificial intelligence industry, with Qingyang's computing capacity expected to reach 100,000 PFlops by the end of 2025 and 300,000 PFlops by the end of 2026 [6][8]. Policy Support - The Qingyang government will provide various incentives, including land and energy guarantees, financing subsidies, and support for national project funding [7][8]. - The collaboration is expected to alleviate the company's funding needs for its computing business development [7][8]. Long-term Impact - Successful implementation of this investment is anticipated to significantly enhance the company's position in the green computing sector and contribute positively to its long-term growth [9].

Core Viewpoint - The company Hongxin Electronics (300657.SZ) announced a collaboration with the People's Government of Qingyang to sign an investment framework agreement for the construction of the Suihong Qingyang Green Intelligent Digital Infrastructure Project, with a total investment expected to be 12.8 billion yuan [1] Group 1 - The total planned construction area for the project is approximately 500 acres [1] - The project will be developed in phases, including the construction of a high-performance intelligent computing center and a high-performance computing server modification and support base [1] - Additional components of the project include a high-performance domestic computing adaptation research institute and a national computing scheduling platform as part of the "East Data West Computing" initiative [1]