CCET reports July sales surge 50.1% to 428.2 million US dollars

Tianyang Technology announced before market open today via its official WeChat account that it has signed a GPU Procurement Agreement with Company X to purchase 20,000 NVIDIA RTX PRO 5500 Blackwell units. Boosted by the news, the company's closing price that day was 16.16 yuan per share, up 12.38% from the previous trading day. A Cailian Press reporter interviewed multiple industry insiders and learned that the NVIDIA RTX PRO 5500 Blackwell has not yet officially gone on sale, and its official pricing has not been determined. The domestic quote for this GPU may exceed 100,000 yuan per unit. Based on a purchase volume of 20,000 units, the aforementioned agreement could be worth more than 2 billion yuan, but practitioners bluntly said the order has barely begun to take shape, and getting the goods is estimated to happen no earlier than the first quarter of next year. Xia Hailong, a lawyer at Shanghai Shenlun Law Firm, said a preliminary estimate puts the order amount at potentially several billion yuan. If it reaches the financial threshold requiring disclosure, it should be disclosed through statutory channels in accordance with the law, and publishing it only through a WeChat official account is clearly non-compliant. A representative from Tianyang Technology's securities department responded that specific details are inconvenient to disclose, and if the relevant disclosure threshold is met, there will be subsequent disclosure. Previously, Tianyang Technology had already disclosed large-scale computing power projects, including a project cooperation agreement signed in May with Qiming Xinghan and others for an overall computing power procurement scale in the range of 3.5 billion to 4 billion yuan, a joint venture established in June with Capital Online with a capital contribution of 70 million yuan for a 70% stake, and a Computing Power Cloud Service Agreement signed with Yunli Zhihui with a total tax-inclusive amount of 303 million yuan, which was raised to 402 million yuan in July. The semi-annual report shows that as of the end of June this year, the company's fixed assets were approximately 275 million yuan. The two major contracts with Qiming Xinghan and Yunli Zhihui recorded zero sales revenue recognized in the current period and cumulatively. In the first half of the year, non-GAAP net profit was negative 6.9296 million yuan, turning to a loss year-on-year. Net cash flow from operating activities was approximately negative 341 million yuan. Monetary funds were approximately 508 million yuan, and short-term borrowings were approximately 615 million yuan.