China Qidian Guofeng Holdings Limited announced that its subsidiary, Shanghai Huiliu Network Technology Co., Ltd., has entered into a one-year non-exclusive leading channel distributor cooperation agreement with MetaX Integrated Circuits (Shanghai) Co., Ltd. Under the agreement, Shanghai Huiliu is required to procure 2,000 GPU products from MetaX within the year, with the potential business scale estimated at approximately RMB200 million based on current market prices. The achievement of these procurement targets will be used to assess the sustainability of the cooperation. The company stated that this agreement marks its entry into the domestic AI computing hardware market and supports its strategic transformation into a comprehensive software-and-hardware integrated solutions provider.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Qidian Guofeng Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260126-12001336), on January 26, 2026, and is solely responsible for the information contained therein.
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