ITC Properties signs RMB 28.9 million AI computing power services contract

  • ITC Properties signed its first AI computing power technical services contract on May 19, 2026, worth about RMB 28.9 million for a six-month term.
  • Contract covers 490 PFLOPS (dense FP16) computing capacity, delivered in batches, backed by a GPU cluster equivalent to 62 GPU servers.
  • Monthly renewal option sets a fixed postpaid fee of about RMB 4.8 million, inclusive of taxes, beyond the initial service period.
  • Separate May 19, 2026 strategic cooperation framework with Ronglian Technology targets near-term capacity delivery using leased infrastructure, longer-term data center buildout.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ITC Properties Group Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260529-12175866), on May 28, 2026, and is solely responsible for the information contained therein.

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