Range Intelligent Computing Technology Group Company Limited Allocates REIT Proceeds to Fund Next-Generation AI Infrastructure Development

Deep News03-24

On March 24, Range Intelligent Computing Technology Group Company Limited responded to investor inquiries on an interactive platform, stating that the capital recovered from its REIT is primarily allocated to the construction of next-generation intelligent computing infrastructure in the company's Beijing-Tianjin-Hebei, Yangtze River Delta, and Greater Bay Area campuses. This initiative aims to meet the explosive growth in demand for intelligent computing within the industry. Currently, the artificial intelligence sector is entering a phase driven by large model iteration and the scaled deployment of intelligent agents, leading to an exponential increase in token consumption by leading internet companies, cloud providers, and large model developers. The company will seize this industry opportunity to accelerate the construction and delivery of intelligent computing centers across its key national campuses.

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