Feiyu Technology International Company Ltd. (HK:1022) has recently announced the renewal of its Tencent Cloud Services Agreements. The renewal is effective from June 1, 2024, to December 31, 2026. These agreements, which involve a significant shareholding by Tencent, are subject to compliance and reporting measures under the Listing Rules.
As a result of this renewal, Feiyu Technology ensures continued access to Tencent’s cloud services, which include computing, network, and artificial intelligence resources. This agreement provides investors with a clear understanding of Feiyu Technology’s commitment to leveraging cloud technology for its business operations.
For those interested in learning more about the stock performance of HK:1022, TipRanks’ Stock Analysis page offers further insights into the company’s financial health and growth prospects. With this information at their fingertips, investors can make informed decisions and stay ahead of the curve when it comes to investing in Feiyu Technology.
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