Xunce Technology (03317) plans to receive credit from the 10 billion syndicate to build an AI inference and calculation center to build a moat for the full AI to B link

The Zhitong Finance App learned that on September 9, Xunce Technology (03317) issued a circular announcing that the first extraordinary shareholders' meeting will be held in the near future to submit three special resolutions for consideration. The content of the bill was clear and became the focus of market attention. The company plans to invest no more than 12 billion yuan to build an AI reasoning and calculation center based on computing power and data through its wholly-owned subsidiary Xunshen Technology; and obtain syndicated loan credits of up to 10 billion yuan from financial institutions for a period of 5 years.

According to industry insiders, the promotion of the 10 billion credit line itself is a reflection of Xunce Technology's financing ability recognized by the banking system, reflecting financial institutions' recognition of the company's business model, underlying asset quality and future cash flow; and the project is also a strategic extension of Xunce Technology's main business based on market development opportunities and strong customer needs, further strengthening its “computational power-data-token-model-application” full-link closed-loop capability, and is expected to significantly increase customer stickiness and pricing capabilities.

As far as the project itself is concerned, the company plans to build an AI inference and calculation center based on computing power and data. The total cost of the project will not exceed 12 billion yuan. About 90% of this will be applied to fixed asset investment. The construction period will be 5 years, and it will be carried out in stages, and it will be highly coordinated with the main business. This project focuses on computing power infrastructure, building stable and efficient computing power clusters, providing customers with computing power services, and obtaining continuous benefits. The AI Computing Power Center is highly compatible with the TokenCloud platform. As a full-link closed-loop hardware and energy base, it directly serves large-scale industrial production of scenario tokens.

From a strategic perspective, the launch of an AI inference and computing center construction project based on computing power and data is an active strategic choice of Xunce Technology based on the extension of its main business and industry trends. It is also a further consolidation of the closed loop of its AI to B link. Xunce Technology accurately matches the immediate computing power needs of the AI industry, effectively solves the problem of mismatch between industry computing power supply and demand, and provides a “software and hardware integration” solution, so that customers can purchase TokenCloud computing power training and estimation services while purchasing software capabilities such as TokenOS, greatly improving the customer stickiness and bargaining power of the original products. As a result, Xunze Technology is regarded by the market as a combination of the Chinese version of Palantir + Nebius/CoreWeave.

At the financial level, the new computing power business will fully empower the existing business and drive Xunce Technology's revenue volume to a new level; at the same time, benefiting from the low-interest leverage of syndicated loans, net profit will be further accelerated; gross margin can be expected to maintain a high level of overseas pure computing power platforms such as Nebius. From a longer-term perspective, after the first project is completed, subsequent replication costs will be significantly reduced, and profit levels will continue to increase.