🇨🇳Genvict (Shenzhen: 002869) subsidiary Chelutong signed two compute-server component purchase contracts totaling RMB 218 million, funded internally.

Genvict’s wholly owned subsidiary, Chelutong Technology (Chengdu), signed two contracts with suppliers for compute-server-related components. The reported individual amounts were RMB 35.30 million and RMB 183 million, with the source describing the combined total as approximately RMB 218 million.

According to the relayed company announcement, the purchases support the subsidiary’s operational development and expansion into emerging businesses. Funding comes from the company’s own funds rather than a separately disclosed financing facility.

The disclosed stage is signed procurement contracts, not completed equipment delivery or an operating compute deployment. Genvict warned of contract-performance, cash-expenditure, and cross-industry management risks; the message does not identify GPU models, server quantities, deployment locations, or customer contracts.