pluribuspoker| China Railway emergency response inquiry letter: 14 full-time staff in the computing power sector have not yet obtained IDC business licenses

On the evening of May ninthPluribuspokerChina Railway Emergency response (SH603300)Pluribuspoker, share price 6Pluribuspoker.29 yuan, with a market capitalization of 123Pluribuspoker5.6 billion yuan) reply to the previous inquiry letter issued by the Shanghai Stock Exchange.

On the evening of May 6th, China Railway announced that it plans to invest 1 billion yuan in smart computing business and make money by providing customers with high-end computing resource leasing and value-added technology services at the level of GPU (abbreviation for Graphic Processing Unit). In this regard, the Shanghai Stock Exchange immediately issued a letter of inquiry that night.

Huatie Emergency said in its reply that although the new business is different from the company's original equipment leasing business in form, it still belongs to the asset operation business, has consistency in asset management and operation, and can reuse the company's original resources and systems.

There are 6 technicians in the calculation board.

According to Huatie's emergency response, the new business team is set up by full-time staff combined with headquarters empowerment, supported by headquarters IT, legal, finance and manpower personnel, including more than 100 IT engineers. There are a total of 14 full-time personnel in the new business computing board, including 5 business personnel, 6 technical personnel and 3 other comprehensive personnel.

In terms of external technical cooperation mode, Huatie Emergency revealed that it has signed a strategic cooperation agreement with Shanghai Wumenxindongdome Intelligent Technology Co., Ltd and Kelan Software. At present, the above-mentioned companies are in the early stage of cooperation and have not yet carried out actual business cooperation.

Huatie emergency said that although the new business and the company's original equipment leasing business are different in form, they still belong to asset operation business, have consistency in asset management and operation, and can reuse the company's original resources and systems. the company can quickly and effectively endow new business areas in terms of capital, equipment operation and team incentives.

However, Huatie Emergency also said that the operating qualification required to carry out intelligent computing business is mainly IDC operating license, the company is applying, as of the date of disclosure of the announcement has not been obtained, is expected to be obtained within June this year. At present, the company cooperates with partners with relevant licensing qualifications to ensure compliance in accordance with the law.

The subsidiary has landed an order of 240 million yuan.

According to the reply, in September 2023, Huantie Emergency and Hainan Keshan Enterprise Management Co., Ltd. jointly funded the establishment of a subsidiary Shanghai Keshan Intelligent Technology Co., Ltd. (hereinafter referred to as Shanghai Keshan). Up to now, an order of 240 million yuan has been landed.

In the initial stage of the new business, bare metal leasing customers are mainly Internet enterprises, state-owned enterprises, operators and other large customers, the ability to obtain customer resources is more critical, through the establishment of joint ventures with teams with industry resources and other models, quickly achieve the landing of the project.

Huatie emergency said that the new business through joint ventures such as Shanghai Keshan and the headquarters team to obtain customers, the headquarters unified management of customer resources, the signing of 3-5-year long-term lease contracts and other ways to effectively ensure a stable and adequate source of customers, there is no dependence on individual core personnel.

In terms of funding arrangements, Huatie emergency said that the company intends to invest 1 billion yuan in the computing business sector, and the funding source of the project investment is its own funds and self-raised funds. According to the project implementation plan, the project construction period is 12 months, and the project funds will be invested step by step and stage by stage.

Huatie emergency revealed that the company has carried out negotiations and examination and approval work with more than 10 financial leasing companies, initially expressing cooperation intention project amount of more than 2 billion yuan, examination and approval or clearly sent intention documents of the project amount of more than 1 billion yuan, the follow-up will be gradually landed according to the order situation.

Huatie Emergency said that the company has many years of experience in the equipment leasing industry and has established solid cooperative relations with financial institutions, including banks and financial leasing companies. the cumulative credit cooperation with more than 20 banks and 40 financial leasing companies exceeded 12 billion yuan. The new AIDC (Intelligent Computing Center) is a capital-intensive industry. The company's diversified financing platforms and flexible financing channels will win the company's capital advantage and lay the foundation for the company to enter the AIDC service industry.

Huatie Emergency also said that the company will purchase from suppliers according to the actual situation of the construction of the intelligent calculation center to avoid centralized hoarding of inventory. In the follow-up process of business development, the company will arrange the procurement rhythm reasonably through a variety of financing measures such as bank credit and financial leasing, combined with business needs and fund-raising progress, on the premise of fully ensuring the funds needed for the performance of the contract, the financial expenses arising from fund-raising will be effectively repaid, and the company's asset-liability ratio, current ratio, quick ratio and solvency will not be substantially affected.

(source: daily Business News)