A 79% increase isn’t a small amount. The “computing power leasing” pie is getting bigger and bigger—initial deliveries + contract start are right around the corner. Let’s see whether it can keep ramping up further in the future.

Bijuang News: Xingyun Technology announced that its wholly owned subsidiary Yueyunshu signed a supplementary agreement with V customers, increasing the total tax-inclusive leasing amount by 2.88B yuan, up about 79% from the original contracted amount. Previously, Yueyunshu and the V customer signed two server leasing agreements, with a combined total expected to account for more than 280% of the company’s audited total assets in its most recent fiscal year. Currently, the company has completed the delivery of its first batch of computing power servers and is working with the V customer on installation, commissioning, and acceptance testing. It is expected that in the near term, it will lease the first batch of servers in accordance with the agreement and recognize the corresponding lease revenue from operations.