On June 14, according to the announcement of the Hong Kong-listed company CoolPad Group, the company entered into a purchase contract for June 2024 to purchase equipment, with a total consideration price of 13,583,700 US dollars (equivalent to about 106,089,000 Hong Kong dollars). The subject matter is 2,700 electronic computing servers for crypto mining. CoolPad Group said that the group's existing computing power is 873,000 TH/S, and the computing power will increase to 1,504,800 TH/S after the purchase contract transaction is completed.