Greater Bay Area AI Computing Tech (HKG:1396) expects to report net profit of no less than 240 million yuan for the first half of 2026, driven by strong growth in its artificial intelligence business, according to a Friday Hong Kong bourse filing.

The company said it secured new indicative orders worth more than 15 billion yuan for AI computing cloud services during the first half.

More than 95% of the new orders are under long-term contracts with terms of up to five years, covering customers such as telecom operators, internet companies, cloud service providers, and deep-tech companies, the filing said.