Cambrian: Won the bid for the construction project of the 509 million yuan intelligent computing center infrastructure

On December 13, Cambrian issued an announcement stating that according to the "Jiangsu Kunshan High-tech Industry Investment Development Co., Ltd.'s Transaction Announcement on the Intelligent Computing Center Infrastructure Construction Project" issued by the Suzhou Public Resources Trading Platform on November 30, 2021, Cambrian is the successful winner of the above-mentioned single-source bidding.

It is reported that on December 13, 2021, Cambrian signed a procurement contract for the infrastructure construction project of the intelligent computing center with Jiangsu Kunshan High-tech Industry Investment Development Co., Ltd. The contract amount is 509 million yuan. According to the contract, Cambrian provides intelligent computing equipment, artificial intelligence computing platform software and other products, and Cambrian should deliver the products under this contract to the buyer within 15 days after the signing of this contract.

Cambrian pointed out that this transaction is part of the company's daily business operations. According to the terms of the contract, the company needs to settle the accounts in stages according to the progress of the project performance. There is uncertainty about the impact of the project on the company's current performance. If the contract is successfully fulfilled, it will have a positive impact on the company's business development and operating performance during the project execution period.

Cambricon was founded in 2016. Since its establishment, it has been focusing on the research and development and technological innovation of artificial intelligence chip products, and is committed to creating core processor chips in the field of artificial intelligence to enable machines to better understand and serve humans. Cambricon's main business is the research and development, design and sales of artificial intelligence core chips used in various cloud servers, edge computing devices, and terminal devices, as well as providing customers with a wealth of chip products and system software solutions. At present, the company's main product lines include cloud product lines, edge product lines, processor IP licensing and software.

Cambrian is one of the few companies in the world that has fully and systematically mastered the core technologies of research and development and productization of smart chips and their basic system software. It can provide a series of smart chip products and platform-based basic system software that integrate cloud, edge and terminal, coordinate software and hardware, integrate training and inference, and have a unified ecosystem.

At the same time, Cambrian is one of the few companies in the world that can provide a full range of smart chips and processor products for the cloud, edge and terminals. It is one of the few companies in the world that has both artificial intelligence reasoning and training smart chip products. It is also one of the few companies in China with experience in complex chip design under advanced integrated circuit technology (7nm).