---
title: "Neoway plans to sign a server procurement contract of no more than 4 billion yuan to engage in computing power cloud service business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/249422386.md"
description: "Neoway plans to sign server procurement contracts with multiple suppliers not exceeding 4 billion yuan, mainly for the development of computing power cloud service business. The contract amount will be confirmed through negotiation based on market prices to ensure the transaction is reasonable and fair. This procurement is expected to have a positive impact on the company's financial condition and operating results, and will not harm the interests of the company and its shareholders"
datetime: "2025-07-21T13:12:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/249422386.md)
  - [en](https://longbridge.com/en/news/249422386.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/249422386.md)
---

# Neoway plans to sign a server procurement contract of no more than 4 billion yuan to engage in computing power cloud service business

According to the Zhitong Finance APP, Neoway Technology (688159.SH) announced that the company plans to purchase servers from multiple suppliers and sign related procurement contracts, with a total contract amount expected to not exceed RMB 4 billion. The specific equipment models and other detailed information will be exempt from disclosure registration due to business confidentiality and market competition considerations.

The signing of this contract is part of the company's daily business operations. The servers purchased by the company are mainly used to provide computing power cloud services to customers. The transaction amount of the contract will be confirmed through negotiation between both parties based on market prices to ensure that the price is reasonable and fair. The transaction will simultaneously affect the company's assets and liabilities. In addition, after the company starts its computing power cloud service business, it is expected to have a positive impact on the company's future financial condition and operating results, and there is no situation that harms the interests of the company and all shareholders

### Related Stocks

- [688159.CN](https://longbridge.com/en/quote/688159.CN.md)

## Related News & Research

- [India's lifeline ferry across strategic archipelago](https://longbridge.com/en/news/286716580.md)
- [PRECIOUS-Gold steadies as high Treasury yields offset Mideast peace hopes](https://longbridge.com/en/news/287040685.md)
- [Stocks to buy: Tata Communications, Nibe, ELGI Equipments on analyst radar](https://longbridge.com/en/news/287141880.md)
- [ADNOC deploys industry-first heavy-duty robot to strengthen safety, reliability](https://longbridge.com/en/news/287215011.md)
- [Blue Star Updates its Ulu Gold Project Mineral Resource Estimate | BAUFF Stock News](https://longbridge.com/en/news/287216024.md)