Youzu Networks disclosed on the evening of 3 November that its wholly owned subsidiary, Shanghai Youzu Information Technology, had signed a sales contract with an unnamed counterparty for GPU products designated PRO5500 in the PCIe form factor, at a total contract value of RMB 4.225 billion including tax.
The purchase is larger than the company. The figure is three times Youzu’s full-year 2025 revenue of RMB 1.402 billion and four times its revenue of RMB 1.063 billion for the first nine months of 2026.
The cash position does not cover it
At the end of the third quarter Youzu held RMB 1.179 billion in cash, down 29.59 per cent from RMB 1.674 billion at the start of the year. Funding for the purchase will come from a combination of its own funds, bank credit and financial leasing. The company notes that delivery is batched, so the capital can revolve and the overall commitment stays manageable.
Between 2020 and 2025 the company recorded cumulative net losses attributable to shareholders of close to RMB 1.3 billion. In the first nine months of 2026 it reported net profit of RMB 142 million, up 85.97 per cent year on year.
Investors took the announcement positively. The shares rose 3.54 per cent on 4 November and 4.68 per cent on 5 November, closing at RMB 11.62 for a market capitalisation of about RMB 11.4 billion, though still nearly 80 per cent below their peak.
What the card actually is
Public information maps the PRO5500 designation to Nvidia’s RTX PRO 5500, a professional workstation card built on the Blackwell architecture with 84 gigabytes of GDDR7 memory. Market quotes for delivery sit between RMB 80,000 and RMB 120,000 per card.
Nvidia’s own positioning matters here. The RTX PRO 5500 is a workstation product rather than a data-centre accelerator intended for large-scale AI training and inference, though it can be used for generative AI, graphics and simulation. Its memory bandwidth is about 1.4 terabytes per second, against roughly 3 terabytes per second for an H100.
Youzu did not disclose the counterparty, citing commercial confidentiality and strategy, and stated that the counterparty has no relationship with the company or its directors and senior management, and that no comparable transaction took place in the past three years.
The risks the company listed
The filing flags constraints from supply chain, industry supply and demand, and overseas technology controls. It warns of delayed batch delivery, products failing to meet performance specifications, and delivery quantities falling short of expectations without the supplier bearing liability.
It also notes that the RMB 4.225 billion is a contract price including tax and may change if the manufacturer or an upstream supplier adjusts pricing. Total liabilities roughly doubled from the start of the year.
Editor’s note: This is an adapted translation of the original Sohu Tech report. It has been trimmed and restructured for readability for an international business audience. The full original (in Chinese) is at https://www.sohu.com/a/1097729025_477212.