Zhitong Finance App News, on July 31, Jin Jing Xinneng (01783.HK) issued an announcement announcing that the operating company it plans to acquire has signed a binding service agreement with a major Chinese technology manufacturer. The service contract is expected to generate additional annual profit before interest, tax, depreciation and amortization within the 5-year period of the agreement, not less than RMB 480 million and a total contract value of not less than RMB 2.4 billion. This move means that the key financial conditions for the third instalment payment in the acquisition transaction have been met, and the profitability of the target company has been verified in advance, providing substantial support for the company's strategic transformation into the field of AI computing power infrastructure.

Zhitong Finance App News, on July 31, Jin Jing Xinneng (01783.HK) issued an announcement announcing that the operating company it plans to acquire has signed a binding service agreement with a major Chinese technology manufacturer. The service contract is expected to generate additional annual profit before interest, tax, depreciation and amortization within the 5-year period of the agreement, not less than RMB 480 million and a total contract value of not less than RMB 2.4 billion. This move means that the key financial conditions for the third instalment payment in the acquisition transaction have been met, and the profitability of the target company has been verified in advance, providing substantial support for the company's strategic transformation into the field of AI computing power infrastructure.