China Qidian Guofeng Wins RMB278 Million AI Server Order to Bolster Intelligent Computing Push

An announcement from Qidian International Co., Ltd. ( (HK:1280) ) is now available.

China Qidian Guofeng Holdings Limited has announced that its subsidiary, Beijing Qidian Guofeng Zhishuan Technology Co., Ltd., signed a sales contract with an independent third-party purchaser for 200 AI servers. The deal, valued at RMB278.3 million including tax, covers supply, stress testing, and 12 months of third-party after-sales services, with payments split between prepayment and post-testing settlement.

The company states that providing AI-related services is one of its core businesses and views this sizeable AI server order as an important revenue opportunity. Management expects the contract to strengthen the group’s position in the intelligent computing industry and signals ongoing efforts to expand its AI server business segment, while advising investors to remain cautious when trading its shares.

The most recent analyst rating on (HK:1280) stock is a Sell with a HK$2.50 price target. To see the full list of analyst forecasts on Qidian International Co., Ltd. stock, see the HK:1280 Stock Forecast page.

More about Qidian International Co., Ltd.

China Qidian Guofeng Holdings Limited is a Cayman Islands-incorporated company whose group focuses on providing AI-related services, including intelligent computing solutions, through subsidiaries such as Beijing Qidian Guofeng Zhishuan Technology Co., Ltd. The business targets the growing intelligent computing industry, positioning itself in the AI server and related service market in mainland China.

Average Trading Volume: 946,489

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.21B

Learn more about 1280 stock on TipRanks’ Stock Analysis page.