Tianyang Technology plans to spend 3.5 billion to 4 billion yuan to deploy computing services

On May 11, Tianyang Technology announced that it had signed an agreement to invest 3.5 billion yuan to 4 billion yuan in a computing power service project with a lock-in period of 60 months. Public information shows that Tianyang Technology's business involves new generation financial technology and other products and services such as artificial intelligence and blockchain, empowering the digital transformation of the financial industry. Previously, the company disclosed that it had entered a late stage of cooperation with a Hong Kong dollar stablecoin issuer.