Feiyu Technology International Company Ltd. (HK:1022) has recently announced an update regarding its Tencent Cloud Services Agreements. The company has renewed these agreements for a term extending from June 1, 2024, to December 31, 2026. These agreements, which involve a significant shareholding by Tencent, are subject to various compliance and reporting measures as per the Listing Rules.
By renewing these agreements, Feiyu Technology ensures continued access to Tencent’s cloud services, which include computing, network, and artificial intelligence capabilities. This partnership with Tencent plays a crucial role in supporting the technological infrastructure and operations of Feiyu Technology.
Feiyu Technology is a leading provider of cloud-based services in China and beyond. With its latest agreement renewal, the company continues to strengthen its partnership with Tencent, one of China’s largest technology companies. This partnership enables Feiyu Technology to offer a wide range of cloud-based solutions that help businesses of all sizes improve their efficiency and productivity.
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Feiyu Technology is well positioned for growth in the rapidly expanding cloud computing market in Asia Pacific. With its latest agreement renewal, the company continues to expand its offerings and strengthen its partnerships with key players in the industry.
