Co-Creation Data (300857.SZ) plans to use no more than 7 billion yuan of its own funds to entrust financial management

Zhitong Finance App News, Co-Creation Data (300857.SZ) announced that the company and its subsidiaries intend to use their own funds with an amount not exceeding (including) 7 billion yuan (or equivalent in other currencies) at any point during the authorization period without affecting the normal operation of the company and ensuring financial security, mainly to invest in financial products with low risk, good liquidity, and stable returns. Among them, they intend to use a maximum amount of no more than (inclusive) 6 billion yuan for contract deposits. The quota is valid from the date of review and approval of the Company's 7th Extraordinary Shareholders' Meeting in 2026 to the date the 2026 Annual Shareholders' Meeting is held. Within the above quota and authorization period, the business can be carried out on a rolling basis.

According to the announcement, as a comprehensive service provider that is deeply involved in full-stack computing power infrastructure, the company's core development strategy is to continue to promote the cloud computing power service business. With the continuous development of the company's cloud computing power service business, while investment in computing power clusters continues to increase, centralized repayments and advance payments from downstream customers in the short term have also increased significantly. In order to fully improve the efficiency and yield of the company's capital, without affecting the normal operation of the company and ensuring the safety of funds, the company and its subsidiaries within the consolidated statement plan mainly adopt contractual deposits and reasonably combine other entrusted financial management methods to maximize the benefits of the company and shareholders.