According to CoinMeta, Jinko Technology announced that the company is responding to the regulatory letter issued by the Shanghai Stock Exchange regarding the purchase of overseas land lease rights and related transactions. The company's wholly-owned subsidiary intends to purchase the lease rights for 113.40 acres of industrial land in Kedah State, Malaysia, from a related party. The transaction value is approximately 400 million yuan, which corresponds to a initial planned capacity of 90MW for the Malaysian computing power project. The total planned investment for the 1GW computing power center project in Zhongwei, Ningxia, is about 24.5 billion yuan. Currently, the project is still in the stage of preliminary guidance and has not yet received formal approval, so there is no substantial delay in progress. The company's computing power business is still in the early stages of preparation. There are no formal computing power orders for the Malaysian project yet, and there are risks associated with approval, customer development, funding, and compliance with overseas operations.