Macro, Policy & Capital
Compute provider Parallel Technology’s subsidiaries plan GPU-server purchases totaling up to RMB137 million; the purchases remain proposed.
· ComputeLabs Research · from the October 15, 2026 edition
Parallel Technology disclosed proposed purchases by two controlled subsidiaries, according to the Telegram summary of its announcement. The equipment is described as GPU compute servers, rather than standalone GPUs, racks, or a specified amount of data-center power capacity.
Yueyun Intelligent Computing plans to purchase GPU servers from Longsiyun, with the anticipated contract amount capped at RMB55.2 million. Chuyun Intelligent Computing plans purchases from Maimang Zhixun, with an anticipated contract amount capped at RMB81.6 million.
The source summarizes the combined proposed expenditure as no more than RMB137 million. It does not establish signed purchase contracts, completed payments, deliveries, or operational deployment, and provides no GPU models, server quantities, funding terms, or installation dates.
Additional reporting
- Parallel Technology
- RMB137 million

