[SMM Computing Power Flash] Pearl River Delta State-Owned Platform's H200 Five-Year Long-Term Contract at a Monthly Rent of 120,000
SMM learned that a state-backed industrial development group in the Pearl River Delta recently released long-term H200 computing power rental resources to the market: 128 units in scale, expandable to 256 units; a tax-inclusive monthly rent of 120,000 yuan per unit per month; payment terms of two months' deposit and one month's rent; a strong entity required for signing; a delivery period within two months; signing rules of a five-year fixed-price long-term contract; InfiniBand (IB) networking; and a data center located in Guangdong. SMM believes that the five-year fixed price is basically flat compared with the current H200 market short-term rental price of 122,000-128,000 yuan per month, that no discount is seen on the long-term rental side, and that the supplier's pricing stance is firm.