Mathematical Technology Group (02350) reached a framework agreement with the Baotou Municipal Government on the landing of the “Computing and Digital” Integrated Industrial Base Project in Baotou

Zhitong Finance App News, Mathematical Science Group (02350) issued an announcement. On August 18, 2026 (after the trading period), the Baotou Municipal People's Government (Baotou Municipal Government) of Inner Mongolia Autonomous Region of China and the company reached a framework agreement on the implementation of the “electricity and digital” integrated industrial base project in Baotou.

According to the framework agreement, the contracting parties agreed to use various forms of close cooperation based on the principle of “mutual benefit and win-win cooperation” to form a long-term and stable strategic partnership to achieve common development in the field of “green power access - high quality computing power - collaborative scheduling of computing power - data processing - AI talent training” (computing power).

Cooperation content: (1) Relying on the Baotou Municipal Government's rich green power resources and vocational education resource advantages, we will build an integrated development industrial base integrating “electricity calculation”. (2) The company actively introduces well-known think tanks such as big data research institutes, well-known universities or research institutes, and relies on projects implemented by the Baotou Municipal Government, combined with the actual situation in Baotou City, with the digital economy as the core to help the Baotou Municipal Government establish a digital infrastructure foundation, use the green computing power industry as a breakthrough, and jointly cultivate and cultivate emerging digital industries and talents such as artificial intelligence, physical robots, and data labeling to expand the digital industry cluster and build the growth of the digital economy.

The board of directors has been actively seeking various methods and potential investment opportunities to strengthen the Group's market position and penetration, thereby attracting more customers and enhancing the Group's overall competitiveness and profitability. The Group will continue to deepen the “cloud-network-edge” integration strategy and accelerate the commercialization process of hyperconverged infrastructure and artificial intelligence platforms. At the same time, with Baotou City's rich green power resources and inclusion in the country's new power system construction pilot as an opportunity, the construction of a computing power park will promote the deployment of smart cities and digital government solutions and actively develop the digital economy.