China Qidian Guofeng Holdings Limited (Stock Code: 01280.HK, hereinafter referred to as “Qidian Guofeng” or the “Company”) today announced that its subsidiary, Beijing Qidian Guofeng Intelligent Computing Technology Co., Ltd. (hereinafter referred to as “Beijing Qidian Guofeng”), has entered into an AI artificial intelligence server sales contract with an independent third-party buyer, with a total consideration of RMB 278.3 million. According to the terms of the contract, Beijing Qidian Guofeng will sell 200 artificial intelligence servers to the buyer, marking another major breakthrough in the commercialization delivery of the Company’s intelligent computing power business.

In terms of payment terms, the buyer shall pay 30% of the payment for each batch of goods as a prepayment after the completion of inspection of that batch, and pay the remaining 70% on the day of completion of stress testing. This payment arrangement not only ensures the Company’s cash flow security, but also demonstrates the buyer’s high recognition of the Company’s computing hardware delivery capability and product stability.

The implementation of this order is highly synergistic with the Company’s full industrial chain layout of domestic AI computing power. In January 2026, the Company’s subsidiary, Shanghai Huiliu Network Technology Co., Ltd., had just signed a one-year non-exclusive leading channel distributor cooperation agreement with MetaX, a leading domestic GPU enterprise, committing to the annual procurement of 2,000 GPU products, with a potential business scale of approximately RMB 200 million.

As a core domestic GPU manufacturer, MetaX relies on the XCORE architecture and MetaXLink high-speed interconnection technology to achieve computing chip performance benchmarked against international first-class levels, providing key upstream support for the Company’s computing hardware integration. This AI server sales contract is a successful example of the Company efficiently connecting upstream core GPU resources with downstream market demand, fully verifying the Company’s resource integration capability and market implementation capability of integrated software and hardware computing power solutions.

At present, Qidian Guofeng is undergoing a strategic transformation from traditional retail to an intelligent computing infrastructure provider. Relying on the capital operation of the listed platform, brand credibility, and market-oriented execution advantages, it is rapidly building differentiated barriers in the field of domestic computing power integrated services.

The implementation of this large order further consolidates the revenue foundation of the Company’s intelligent computing power business and verifies its commercialization feasibility. Market views believe that entering the national strategic and rigid-demand intelligent computing power track will promote the reconstruction of the Company’s valuation system, shifting from traditional consumer services to a valuation logic of technology integration and computing power services, thereby opening up long-term growth space.

In the long term, Qidian Guofeng is committed to becoming an important integrator and promoter of the domestic diversified computing power ecosystem. By building an open partner system and collaborating with outstanding upstream and downstream enterprises, the Company aims to jointly define full-stack domestic solution standards for future scenarios. In the tide of domestic substitution, Qidian Guofeng is opening a remarkable new journey of value growth with its clear strategic blueprint, strong execution capability, and unique competitive advantages, creating more outstanding returns for shareholders and society.

Article source: Tencent News