Beijing Lanxum Tech Co

On the evening of September 30, ST Dou Shen (300010) disclosed that its wholly owned subsidiary Dou Shen Hong Kong recently signed a Cloud Computing Service Agreement with a certain customer, with a total contract value of about 119 million US dollars, equivalent to about 800 million yuan. The service period of the agreement is 60 months, and the customer will prepay 40 percent of the total order amount as agreed and pay service fees monthly. ST Dou Shen did not disclose specific customer information, stating that the contract involves confidentiality clauses and that it has completed internal procedures for exemption from disclosure of confidential information. The company said the contract is a large-scale computing power service project for the implementation of its intelligent computing service business, an important practice in cultivating a second growth curve, and reflects the extension of its business from AI applications to the computing power infrastructure field. Wind data shows that since mid-August 2026, ST Dou Shen's stock price has risen by more than 120 percent cumulatively.