Xingyun Technology Discloses RMB 15.08 Billion in Computing Power Framework Orders; Three Core Orders Adjusted

Xingyun Technology recently disclosed the latest status of its in-hand computing power orders during an institutional research visit. As of the end of July 2026, the company's in-hand long-term framework orders for computing power reached RMB 15.082 billion, all under five-year long-term agreements, with customers spanning listed companies of leading central state-owned enterprises and first-tier large model vendors. In July, the company completed price adjustments and capacity expansion on three core orders.

The company's core long-term orders all adopt a normalized model of monthly delivery, monthly payment collection, and monthly revenue recognition, with overall delivery progressing as planned. The order structure and payment arrangements provide a stable rhythm for the company's revenue recognition.