Fengzhushou Co. Ltd. ASubsidiary signs computing power server procurement and service contracts totaling over 7.6 billion yuan.

A wholly owned subsidiary of Fengzhushou has signed a computing power server procurement agreement worth 3.062 billion yuan and a computing power service contract worth 4.608 billion yuan, with the combined amount exceeding 7.6 billion yuan. Today, the three major A-share indices closed higher. The Shanghai Composite Index ended at 3,822.28 points, up 0.33 percent, the Shenzhen Component Index rose 3.25 percent, and the ChiNext Index gained 5.64 percent. Total market turnover for the day was approximately 2.23 trillion yuan. On the sector front, electronic components led the gains, with co-packaged optics and lithography machines also advancing, while banking and insurance were among the biggest decliners. Institutional research reports issued a total of five buy-type rating records, covering five individual stocks including WuXi AppTec and Boyuan Chemical. Among them, Xinquan Auto Trim and Yanjing Beer received target price forecasts from institutions, with upside potential exceeding 30 percent. On the Dragon and Tiger list, institutions were net buyers of 21 stocks. Shijia Photonics topped the list with net purchases of 839 million yuan, while northbound funds led net buying of Dongshan Precision at 322 million yuan. Evening announcements also included Xiechuang Data planning to use no more than 7 billion yuan of its own funds for entrusted wealth management, Zhongfu Industrial reporting first-half net profit of 1.881 billion yuan, up 165.84 percent year on year, and Lianchuang Optoelectronics being placed under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws.
Fengzhushou Co. Ltd. ASubsidiary signs computing power server procurement and service contracts totaling over 7.6 billion yuan.
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