Tongyu Communication Clarifies: Target Investment Jiashan Communication Has No R&D Partnership with Nvidia

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Tongyu Communication issued a clarification announcement regarding an online article claiming that Jiashan Communication is cooperating with Nvidia to develop 6G AI-RAN base stations, that Tongyu Communication plans to acquire a 25% stake, and that it is targeting a 200 billion yuan market. The company stated that Jiashan Communication is conducting 6G AI-RAN base station technology research and development based on Nvidia's CUDA Aerial open-source ecosystem platform, but has not signed any R&D cooperation agreement or strategic cooperation framework agreement with Nvidia. There is no form of R&D cooperation or joint development relationship with Nvidia. The related products are still in the early R&D stage, have not achieved commercial application, and have not had an impact on Jiashan Communication's operating performance. The company plans to purchase a 25% stake in Jiashan Communication for 300 million yuan. After the transaction, it will not be included in the scope of consolidated financial statements and will be accounted for using the equity method. Jiashan Communication's revenue for the first half of 2026 was 103 million yuan, with a net loss of 39.9872 million yuan, remaining in a loss-making state.

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