[Xingyun Technology: As of September 8, the company has a 5-year long-term framework order for computing power reaching 16.004 billion yuan] On September 14, Xingyun Technology (300209.SZ) released an investor relations activity record announcement. As of September 8, the company had a 5-year long-term framework order for computing power reaching 16.004 billion yuan. Its customers include leading state-owned listed companies and first-tier large model manufacturers. Among them, three core orders in July completed price adjustments and expansions. The first batch of deliveries for V customers, VB customers and VC customers have completed leasing in August, and revenue has begun to be recognized that month; deliveries for VD customers will be completed within 60 days. Core long-term orders all adopt the "monthly delivery, monthly payment, and monthly revenue recognition" model. If the four five-year long-term orders are fully leased, the company estimates that the annual rental income in the first three years will be approximately 3.267 billion yuan, and the annual rental income in the next two years is expected to be approximately 3.102 billion yuan. In the next 1-2 years, the company's revenue structure will continue to be optimized and upgraded, and a three-tier business support system will be built: building a basic base of highly certain rental income with the current five-year long-term orders of 16 billion yuan in computing power; creating a highly elastic profit growth pole with high value-added computing power service sharing; and forming a diversified complement with cross-border digital trade business with servers as the core. The company currently employs approximately 400 people.