Qian Xun Technology (01640) announced that on February 25, 2026, it entered into a strategic cooperation with Huazhang Data Technology Co., Ltd., a leading domestic provider of data center infrastructure solutions. The partnership aims to establish a closed-loop system for "Green Computing Asset Full Lifecycle Management (LCM)." By deeply integrating the group's "equipment remanufacturing capabilities" with Huazhang Data's "infrastructure operational capabilities," the companies intend to address industry challenges such as the rapid depreciation of computing hardware, high energy consumption, and expensive construction costs. The collaboration will focus on creating cost-competitive, standardized recycled computing service products to meet the needs of AI inference, big data processing, and the digital transformation of small and medium-sized enterprises. Key areas of cooperation include: 1. Supply Chain and Asset Standardization - Leveraging its global supply chain network to establish a targeted recycling mechanism for decommissioned server assets from leading internet companies, telecom operators, and supercomputing centers, including but not limited to GPU servers and high-density storage arrays. 2. Industrial-Grade Remanufacturing and Certification - Implementing deep cleaning, component-level repairs, stress testing of core components (CPU/GPU/memory), and firmware upgrades in accordance with ISO quality management systems to restore equipment performance to a high standard. 3. Digital Asset Management - Creating comprehensive lifecycle records for equipment, conducting asset grading and residual value assessments for refurbished computing devices to provide data support for subsequent operations and capitalization efforts. Huazhang Data Technology Co., Ltd., headquartered in Guangzhou, is a leading domestic data infrastructure service provider. This cooperation, set against the backdrop of rapid development in the artificial intelligence industry, aims to achieve the cascading utilization and green, low-carbon operation of existing computing resources through technological innovation. It holds significant strategic synergy value and commercial potential. The partnership is expected to open up new business growth opportunities for the company, enhance its core competitiveness, align with its long-term development strategy, and have a positive impact on its future prospects.