Yeebo (International Holdings) Ltd. Updates on Acquisition of Servers for AI Business Expansion

Reuters

07-07

Yeebo (International Holdings) Ltd. Updates on Acquisition of Servers for AI Business Expansion

Yeebo (International Holdings) Ltd. has provided a supplemental announcement concerning its acquisition of servers and auxiliary products. The company confirmed the book value of these assets, which are intended for internal use, is approximately RMB94,300,885. This figure reflects the total consideration for the acquisition, amounting to RMB106,560,000, minus a 13% value-added tax. This transaction is part of Yeebo's strategic expansion into high-growth sectors, particularly artificial intelligence $(AI)$ and AI compute power. The company has been developing its AI business since June 2023 and currently operates three AI data centers. The acquisition is expected to bolster Yeebo's capabilities in the AI compute value chain and promote further integration with the PRC Invested Entity to capitalize on evolving market opportunities.

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. Yeebo (International Holdings) Ltd. published the original content used to generate this news brief on July 07, 2025, and is solely responsible for the information contained therein.

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Updates on Acquisition of Servers for AI Business Expansion","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Yeebo (International Holdings) Ltd. Updates on Acquisition of Servers for AI Business Expansion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Yeebo (International Holdings) Ltd. has provided a supplemental announcement concerning its acquisition of servers and auxiliary products. The company confirmed the book value of these assets, which are intended for internal use, is approximately RMB94,300,885. This figure reflects the total consideration for the acquisition, amounting to RMB106,560,000, minus a 13% value-added tax. 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Updates on Acquisition of Servers for AI Business Expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-07 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Yeebo (International Holdings) Ltd. Updates on Acquisition of Servers for AI Business Expansion\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Yeebo (International Holdings) Ltd. has provided a supplemental announcement concerning its acquisition of servers and auxiliary products. The company confirmed the book value of these assets, which are intended for internal use, is approximately RMB94,300,885. This figure reflects the total consideration for the acquisition, amounting to RMB106,560,000, minus a 13% value-added tax. This transaction is part of Yeebo's strategic expansion into high-growth sectors, particularly artificial intelligence <a href=\"https://laohu8.com/S/AI\">$(AI)$</a> and AI compute power. The company has been developing its AI business since June 2023 and currently operates three AI data centers. 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Yeebo (International Holdings) Ltd. published the original content used to generate this news brief on July 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00259","symbol_name":"亿都(国际控股)","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250707:nNDL3pSFbq:1","article_id":"2549341685","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549341685","pubTimestamp":1751890203,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Yeebo  Ltd. has provided a supplemental announcement concerning its acquisition of servers and auxiliary products. 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