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[Beijing Cree: Subsidiary wins bid for 170 million yuan data center power module project] On September 9th, Beijing Cree (002350.SZ) announced that the company's holding subsidiary Shenzhen Cyber Engine Technology Co., Ltd. won the bid for a data center power module assembly bidding project of Guangdong Qichuang Network Technology Co., Ltd. The winning bid amount totaled approximately 170 million yuan, accounting for approximately 7.90% of the company's audited revenue in 2025. The performance of the project contract will have a positive impact on the company's operating performance in 2026 and subsequent years, but will not affect the company's operational independence. As of now, Cyber Engine has received the bid winning notice and has not yet signed a formal project contract. The actual contract execution amount may be different from the winning bid amount.
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