160 Health International (HKG:2656) unit Shenzhen 160 Internet Technology entered into a strategic cooperation framework agreement with a Chinese company, according to a Wednesday bourse filing.
Under the contract, the partner agreed to purchase a certain scale of enterprise-grade AI computing power infrastructure from 160 Internet Technology for an estimated amount of 650 million yuan.
The agreement is valid between Sept. 16, 2026, and Sept. 15, 2027.
The partner operates in the enterprise-grade computing power infrastructure sector, with service offerings including equipment leasing and AI cloud computing power.