UTime Subsidiary Signs US$50 Million Smart Server Supply Agreement with Shenzhen Yunwei Digital

Reuters02-04 04:45

UTime Subsidiary Signs US$50 Million Smart Server Supply Agreement with Shenzhen Yunwei Digital

UTime Ltd. announced that its Shenzhen-based subsidiary, Shenzhen Liandai Technology Co., Ltd., has entered into a strategic Intentional Order Cooperation Agreement with Shenzhen Yunwei Digital Technology Co., Ltd. The agreement outlines Shenzhen Yunwei Digital's intention to procure 500,000 units of Shenzhen Liandai's GM800 model smart servers, with an estimated contract value of approximately US$50 million. Both parties aim to finalize comprehensive contract terms and complete formal contract signing by mid-February 2026. Initial deliveries are expected to begin by mid-February 2026 and continue through 2027.

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. UTime Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9647175-en) on February 03, 2026, and is solely responsible for the information contained therein.

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