Neoway Technology to Buy Servers for 4 Billion Yuan

Trading View
2025.07.22 06:44
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Shenzhen Neoway Technology plans to sign a deal to acquire servers for up to 4 billion yuan, according to a Shanghai bourse filing on Tuesday. The servers will be purchased from multiple suppliers, the Chinese developer of Internet-of-Things products said without disclosing the details for the specific models due to commercial confidentiality and market competition factors.

Shenzhen Neoway Technology plans to sign a deal to acquire servers for up to 4 billion yuan, according to a Shanghai bourse filing on Tuesday.

The servers will be purchased from multiple suppliers, the Chinese developer of Internet-of-Things products said without disclosing the details for the specific models due to commercial confidentiality and market competition factors.

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