CLOUD FACTORY (02512) wins the bid for the second phase project of the Artificial Intelligence Industrial Base.

CLOUD FACTORY (02512) announced that its wholly-owned subsidiary Jiangsu CLOUD FACTORY Technology Information Technology Co., Ltd. (Jiangsu CLOUD FACTORY) recently won the bid for the second phase of the artificial intelligence industrial base project through the bidding platform of the Anhui Provincial Tendering and Procurement Association. Subsequently, on January 30, 2026, Jiangsu CLOUD FACTORY entered into a procurement contract with Suzhou Huarui Network Information Service Co., Ltd. (Suzhou Huarui Network, as the bidder and buyer), under which Jiangsu CLOUD FACTORY agreed to supply the project, and Suzhou Huarui Network agreed to purchase hardware equipment, software, and service solutions for the project. The contract value is RMB 520 million. During the procurement and implementation phase of the project, the Group will adopt domestically produced AI computing cards on a large scale. This not only reflects the Group's precise satisfaction of the project's needs but also represents the Group's proactive support for the domestic computing power ecosystem through practical actions. The Group will continue to make deep investments and long-term strategic arrangements in the field of domestically produced computing power, further strengthening and enriching its heterogeneous computing capabilities.