[Xingyun Technology: The cumulative scale of computing power and storage orders this year is approximately 20.641 billion yuan. Multiple customers have completed secondary price adjustments] On November 5, Xingyun Technology (300209.SZ) released an announcement on the investor relations activity record sheet. The company has disclosed a cumulative scale of computing power and storage-related orders this year of approximately 20.641 billion yuan. Head customers such as Customer V, Customer VB, and Customer VC negotiated to increase the leasing price during the project progress. Among them, Customer V and Customer VB have completed the second increase in the contract amount. At present, the MaaS platform has completed internal testing, the first batch of computing power units of the "Token Factory" have been delivered and accepted, and the token split has been implemented at the project level. Re-sign contracts with VB customers, innovatively set up and increase the unit's fixed token share amount, forming a commercial sample. Looking forward to 2027, the main line of business will still focus on the delivery of computing power leasing orders. Long-term computing power orders will enter a comprehensive and stable settlement cycle, and the proportion of high-margin computing power leasing and Token sharing revenue will continue to increase. In terms of overseas layout, it plans to launch overseas agent promotion business around December 2026, and plans to increase the proportion of overseas computing power layout in 2027.