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Jiangsu Lettall ElectronicLtd (SHSE:603629) Stock Performs Better Than Its Underlying Earnings Growth Over Last Three Years
Jiangsu Lettall Electronic (603629.SH): Currently, the external rental scale of AI computing power has reached over 10,000P.
On December 3, Gelonghui reported that Jiangsu Lettall Electronic (603629.SH) stated on the investor interaction platform that the company currently has an AI computing power scale for external leasing reaching over 10,000P, of which about 4,000P is leased using its own computing power (listed under fixed assets in the financial statements), while the remaining is leased as sub-leased computing power (listed under rights-of-use assets in the financial statements).
Jiangsu Lettall Electronic (603629.SH): Currently, there is no investment plan for mass production of liquid cooling plate products.
On November 28, Gelonghui reported that jiangsu lettall electronic (603629.SH) stated on an investor interaction platform that the technical issues in the production of their liquid cooling plate cabinet products have been largely resolved. The key point is that better timing for investment in production lines and market sales is still needed. The company currently has no plans for bulk production of liquid cooling plate products.
Jiangsu Lettall Electronic (603629.SH): Subsidiary Century Lettall has been shortlisted as an AI computing power ecosystem partner for Shanghai Unicom.
On November 28, Gelonghui reported that jiangsu lettall electronic (603629.SH) stated on the investor interaction platform that its subsidiary, Century Lettall, has been shortlisted in the shanghai Unicom AI computing power ecosystem partner list, but the specific details of the cooperation are still pending further progress.
Jiangsu Lettall Electronic (603629.SH): Jiudian operation and maintenance's main business is the operation and maintenance and technical support services for AI servers.
On November 28, Goronghui reported that jiangsu lettall electronic (603629.SH) stated on the investor interaction platform that one of the shareholders of its subsidiary Jiuxuanxunwei, VFO INTERNATIONAL GROUP, is not an affiliated company and has no connection with the chairman's family. The main business of Jiuxuan Operations is the operation and technical support services for AI servers, which is a further extension and expansion of the company's service space in the field of AI computing power.
Jiangsu Lettall Electronic (603629.SH): received government subsidies of 7.76 million yuan
Gelonghui, November 7th | jiangsu lettall electronic (603629.SH) announced that the company recently received a single government subsidy of RMB 7.76 million (of which RMB 3.2665 million is related to current income and RMB 4.4935 million is related to deferred income). As of now, the company and its subsidiaries have received a total of approximately RMB 7.2518 million in government subsidies related to current income.
Optimism for Jiangsu Lettall ElectronicLtd (SHSE:603629) Has Grown This Past Week, Despite One-year Decline in Earnings
