Business & Market 🇨🇳 26.07.2026 14:02

Yitian Smart Subsidiary Plans to Purchase Servers and Equipment Worth Up to 2 Billion Yuan to Provide Computing Services

On July 26, Yitian Smart announced that its subsidiary Gansu Yisuan plans to purchase servers and related equipment from multiple suppliers for up to 2 billion yuan. The purchase is intended to provide computing services to customers and accelerate the establishment of its own AI computing power. The company noted that the computing business is in its early stages, and its core business remains the production of kitchen appliances.
On July 26, Yitian Smart (亿田智能) announced that its subsidiary Gansu Yisuan (甘肃亿算) plans to purchase servers and related equipment from multiple suppliers. The total procurement contract amount will not exceed 2 billion yuan. This procurement is intended to provide computing services to customers and does not constitute a major asset restructuring or a related-party transaction. The company expects that this procurement will accelerate the establishment of its own AI computing capabilities. Yitian Smart also cautioned that its computing business is in an early stage of development, while its main business remains focused on kitchen appliances such as integrated stoves, and the overall operational fundamentals of the company have not changed.
Source: 36Kr — original
Our earlier posts on this topic ↓
Fresh news