*Bright Oceans Inter-Telecom Corporation (600289.SH) announced on December 20 that the company has signed the "Cooperation Agreement on the Research and Production of the Next Generation General-Purpose GPU Products" (hereinafter referred to as the "Cooperation Agreement") with Shanghai TianShu Intelligent Chip Semiconductor Co., Ltd. (hereinafter referred to as "TianShu Intelligent Chip"). Both parties are willing to leverage their respective advantages and collaborate on the joint research and production of the next generation general-purpose GPU products.
In the collaboration, the company is responsible for providing funding of no more than 0.3 billion yuan for the research and production of the next generation general-purpose GPU products, responsible for providing the demand for general-purpose GPU products and software products for specific application platforms, and designing and constructing downstream application scenario products and solutions based on general-purpose GPUs within the company's main business expertise, achieving intelligent scene applications for cooperative products. TianShu Intelligent Chip is responsible for the design, research and development, and production of general-purpose GPU products, providing compatible support, and assisting the company in forming an integrated soft and hard infrastructure, cloud-edge collaborative AI infrastructure, scenario-based AI applications, and comprehensive AI solutions. At the same time, both parties will jointly promote the cooperative products using their respective sales channels in areas where they excel and are familiar, to facilitate the sales of the cooperative products.
During the collaboration, both parties will establish a jointly managed Account to ensure the safety of cooperative funding. At the same time, both parties will form a working group to specifically execute the technical docking, product design, solution communication, procurement, and sales communication and confirmation of this business cooperation, as well as financial management and cost accounting. Upon the expiration of the cooperation period, both parties will conduct business settlement for sold products according to the agreed proportion, and for unsold products, the principle of cost investment by both parties will be used for risk bearing.
