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Subdued Growth No Barrier To Jiangsu Lettall Electronic Co.,Ltd (SHSE:603629) With Shares Advancing 31%
Jiangsu Lettall Electronic (603629.SH): The company has been certified as a high-tech enterprise.
Gelonghui reported on February 14 that Jiangsu Lettall Electronic (603629.SH) announced that it recently received the "High-tech Enterprise Certificate," jointly issued by the Jiangsu Provincial Department of Science and Technology, the Jiangsu Provincial Department of Finance, and the Jiangsu Provincial Taxation Bureau of the State Taxation Administration. The certificate number is GR202432011724, the issuance date is December 16, 2024, and it is valid for three years. This is the company's reacquisition of the high-tech enterprise certification after the original certificate expired.
Jiangsu Lettall Electronic (603629.SH): In the future, it is not ruled out that the company's computing power cloud will carry AI application models to provide to customers.
On February 12, Gelonghui丨Jiangsu Lettall Electronic (603629.SH) stated on the investor interaction platform that there is a difference between equipment delivery (commonly known as "bare Metal delivery") and computing power cloud delivery at the delivery end of AI computing power leasing products, as well as different delivery scenarios at various stages in between. Currently, the company's computing power products delivered domestically and internationally have fully realized cloud delivery. Cloud delivery involves reconfiguring the original factory equipment according to customer requirements (such as adding or replacing optical modules, Switch Chips, video memory, etc., whole machine testing, etc.), cluster integration, output of computing power cloud, and continuous maintenance of the computing power cloud. It is worth mentioning that the cloud services provided by the company...
Jiangsu Lettall Electronic (603629.SH): Does not involve services related to AI model training or inference.
On February 11, Gelonghui reported that Jiangsu Lettall Electronic (603629.SH) stated on the investor interaction platform that the company currently only offers "bare" computing power rental and technical maintenance services related to computing power hardware and Software, and does not involve services in AI model training or inference.
Hao Tian International Construction Investment Group Eyes AI JV With Jiangsu Lettall Electronic
HAO TIAN INTL (01341.HK) and Jiangsu Lettall Electronic have signed a Global Strategy framework agreement to expand AI computing power resources and 5G Big Data related Business.
On February 7, Gelonghui reported that HAO TIAN INTL (01341.HK) announced that on February 7, 2025, the company signed a non-legally binding strategic cooperation framework agreement with Jiangsu Lettall Electronic Co., Ltd. ("Lettall Electronic") regarding possible strategic cooperation in the field of AI computing power. Both parties intend to establish a joint venture, with business activities including but not limited to the development of AI computing power resources and 5G Big Data related businesses in Southeast Asia, which includes but is not limited to computing power services, related technical consulting, business planning, Logistics, trade, and more. This also includes activities in Malaysia and/or Singapore.
Optimism for Jiangsu Lettall ElectronicLtd (SHSE:603629) Has Grown This Past Week, Despite One-year Decline in Earnings
