Baichuan AI
2025.04.10
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12:52
Regarding the termination of the computing power contract between Hongbo Co., Ltd. and Baichuan Intelligence, the reporter called the securities department of Hongbo Co., Ltd. as an investor today. The company source said that the reason was that the company had "unexpected circumstances". It is reported that after the contract was terminated, the two parties will not hold each other accountable, and the equipment that has been in place in the early stage will be "allocated to other places" by the company. The company source also said that its computing power business is continuing to develop, "The Beijing Energy Project has just landed, and it is expected to improve this year's performance. In addition, there are some other computing power leasing businesses in hand, and then we are also talking about (new cooperation)." Note: Last night, Hongbo Co., Ltd. announced that due to force majeure factors, its wholly-owned subsidiary Yingbo Digital Technology and Baichuan Intelligence terminated the "Cloud Service Agreement" signed by the two parties in December 2023. The content of the agreement is: Yingbo Digital Technology provides Baichuan Intelligence with all the computing power and resources of a certain scale of intelligent computing servers, as well as supporting software, applications, and technical services. The contract period is three years. In June last year, the company disclosed that the first batch of GPU server cluster equipment for Baichuan Intelligent Contract was in place.
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