Securities Code: 300872
Securities Abbreviation: Tianyang Technology
Announcement No.: 2026-048
Tianyang Hongye Technology Co., Ltd.
Announcement on Signing Cloud Computing Power Service Agreement
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.
Special Reminder:
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Conditions for effectiveness: This agreement shall take effect after being signed and sealed by both parties.
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If the contract is performed as agreed, it is expected to bring relatively stable income to the company, but it will not have a significant impact on the annual profit level and overall profitability.
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During the performance of the contract, there are uncertainties in laws, regulations, policies, performance capabilities, technology, and market environment. It may also be affected by major changes in the external macro environment, sudden accidents, and other force majeure factors. According to the relevant provisions of this agreement, if the company fails to complete the equipment preparation and readiness work for the newly delivered cloud computing power services within the agreed equipment preparation period, it may face the risk of paying a penalty of 20% of the total contract price and the corresponding order price, which will adversely affect the project progress and the company's operating performance. The implementation content and progress of this project are uncertain, and the recognition of relevant income will be confirmed according to the contract performance and the relevant regulations of enterprise accounting standards and the company's accounting policies.
We kindly remind investors to make prudent decisions and pay attention to investment risks.
I. Overview of Agreement Signing
Tianyang Hongye Technology Co., Ltd. (hereinafter referred to as "the Company" or "Tianyang Technology") signed the "Cloud Computing Power Service Agreement" (hereinafter referred to as "this Agreement" or "Service Agreement") with Yunli Zhineg Technology Co., Ltd. (hereinafter referred to as "Yunli Zhineg") on June 16, 2026. The total amount of the agreement (including tax) is RMB 303 million.
According to the "Shenzhen Stock Exchange ChiNext Stock Listing Rules" and the "Company Articles of Association", the signing of this service agreement does not constitute a related party transaction, nor does it constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies", and does not require submission to the company's board of directors and shareholders' meeting for deliberation. The company will fulfill the corresponding decision-making procedures and information disclosure obligations in accordance with laws and regulations in a timely manner based on the progress of subsequent cooperation business.
II. Basic Information of the Counterparty