ENVISION GREEN (01783) has invested 1.2884 billion yuan to procure high-performance servers, intensifying its layout in the cloud computing and intelligent computing sectors.
JinJing New Energy (01783) announced that on August 6, 2026 (after trading hours), the buyer (a wholly owned indirect subsidiary of the company established in China, Shanghai Youfu Cloud Computing Co., Ltd.) entered into a server purchase agreement with the seller, Shanghai Shunquan Technology Co., Ltd. According to this agreement, the buyer agrees to acquire high-performance servers that support the Group's cloud computing and intelligent computing service capabilities from the seller, at a total price of RMB 1.2884 billion (including tax).
ENVISION GREEN (01783) announced that on August 6, 2026 (after trading hours), the buyer (a wholly-owned indirect subsidiary of the company established in China, Shanghai Youfu Cloud Computing Co., Ltd.) entered into a server purchase agreement with the seller, Shanghai Shunquan Technology Co., Ltd. According to this agreement, the buyer agrees to acquire high-performance servers from the seller to support the groups cloud computing and intelligent computing service capabilities, with a total price of RMB 1.2884 billion (including tax).
According to previous disclosures by the company, ENVISION GREEN intends to acquire target equity from the seller Yovole Cayman (specifically, all issued share capital of the target company YV CLOUD Limited and operating company Shanghai Youfu Cloud Computing Co., Ltd.), with a maximum price not exceeding HKD 2.5 billion. The acquisition primarily engages a target group that provides cloud computing capacity services, marking a strategic expansion of the groups business into the intelligent computing field.
The purchase aims to support the target group's cloud computing and intelligent computing service capabilities, including new customer contracts secured by the target group, which are expected to fully utilize the products acquired under the server purchase agreement. Through the procurement of high-performance servers to deploy intelligent data infrastructure, the company aims to meet the growing market demand for intelligent computing services and enhance the group's competitiveness in the era of intelligent computing. This purchase is a significant acquisition for executing the companys strategy and the growth plans of the target group.
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