Licensed financial lessors
Sale-and-leaseback
You take legal title, not a claim. During the lease the GPU assets belong to the lessor; on default you repossess rather than litigate a mortgage. The assets are purchased and inspectable: 278 eight-GPU chassis / 2,224 cards; value on tax documents. Downstream payment is checkable: MiniMax is in the token-supply commercial-signing process; a formal contract has not been signed.
We hope to close a near-par sale-and-leaseback funding loop. Advance rate, tenor and pricing are yours to quote. We do not disclose our floor.
Value to you
- The first value to a lessor is the asset form: legal title sits with you during the lease. It is not a claim that needs a separate mortgage registration. On default you repossess.
- The collateral is a data-center GPU chassis with an active secondary market. Serial numbers can be counted; inference is metered in tokens and can be audited. The exit path is clearer than generic IT kit.
- The same GPU budget yields a verifiable extra unit of effective capacity: acceleration hardware is our own FX line, not a resale. Signed result: throughput +29–40%, TTFT −26–32% versus a local-NVMe single-drive baseline (reports R2/R3).
- The rent repayment source can be locked by you and Xinyuanyi together — after a deal, downstream token-supply / offtake contracts may be co-signed as joint suppliers, so you see the cash-in end. This is a prospective condition; a formal contract has not been signed.
- Once the purchased batch is running, about 600 chassis in the prospect pipeline (intent, not held) can reuse the same process. You get a repeatable channel, not a one-off ticket.
Agenda for a first formal meeting
- Structure: sale-and-leaseback or direct lease; asset schedule, delivery and acceptance.
- Advance rate, tenor, repayment calendar and price — you quote under your policy; we supply a re-runnable model and do not bid our floor first.
- Credit support: title, insurance, collection account; whether the offtake is co-signed as joint supply (a formal contract has not been signed).
- Lease administration: serial-number counts, token-usage reconciliation, residual value, early termination / purchase option.
- Staged drawdown and priority on the mid-term expansion toward the 5,000-card-class plan.
What this means in a term sheet
- Purchased: 278 × 8-GPU AMD Instinct MI308X chassis (2,224 cards). Equipment value will be shown on tax documents.
- Three checks: asset (serial count), load (token meter), exit (standard chassis, residual path).
- After NDA, the full costing model is delivered as runnable Python — you can rerun it with your own parameters.
- Downstream token-supply / offtake contracts may be co-signed by you and Xinyuanyi as joint suppliers — a prospective condition; a formal contract has not been signed.
Why we can deliver this
Five reasons this is not another deck. Figures carry a denominator or a report ID. Economic numbers are engineering-model estimates, delivered as runnable Python after NDA.
Purchased kit, countable
278 eight-GPU chassis / 2,224 cards on the books; value on tax documents. About 600 chassis are a prospect pipeline (intent, not held) and are not added into stock.
Acceleration is our line
FX arrays are in production; KV tiering is source-adapted by us, not a resale. Signed throughput +29–40%, TTFT −26–32% (R2/R3 vs local NVMe).
Pre-production acceptance is done
8×MI308X, 1T-parameter INT4 MoE, 3,210 samples across four benches, official delta inside the 2% red line.
Downstream progress is not overstated
Talks and joint tests with Zhipu, Kimi and MiniMax; MiniMax is in token-supply signing, and a formal contract has not been signed. Communication is not collection.
Verify first, stop-loss built in
Joint test first, decisions second: gate-based acceptance with built-in stop-loss. G1 Week 2 / G2 Week 4 / G3 Week 7 / G4 Week 10. Full model after NDA.
On this track specifically
- The assets are on the books: 278 × 8-GPU AMD Instinct MI308X chassis (2,224 cards) purchased; value on tax documents; a site count can be booked. This is not a slide-deck order.
- Load is not a verbal promise: pre-production acceptance on a single 8×MI308X node for a 1T-parameter INT4 MoE; 3,210 samples across four accuracy benches all passed.
- Acceleration is our product line: FX all-flash arrays are in production; KV tiering is source-adapted by us; report IDs are in the evidence library.
- Downstream talks are checkable: commercial talks and joint tests with Zhipu, Kimi and MiniMax; MiniMax is in the token-supply signing process, and a formal contract has not been signed.
- Diligence follows your committee habit: the full cash-flow model, including adverse cases, is delivered as runnable Python after NDA — you change the parameters.
Next actions and dates
D0 (today)
Tell us your license type and whether you prefer a direct lease or a sale-and-leaseback, via the form or email.
48 hours after NDA
We send the diligence-pack index, the asset-list basis, and the reproducible model.
This week or next
A 30-minute call on structure and lease admin only. No price on that call.
5–10 business days after the call
Site count of the 278 chassis; serial numbers, insurance and exit-path files.
After your internal mandate
Term sheet on your paper; start with a batch, then priority on the mid-term expansion.
Verifiable progress
- Purchased: 278 × 8-GPU AMD Instinct MI308X chassis (2,224 cards); equipment value to be shown on tax documents; mid-term plan 5,000-card class.
- Pre-production acceptance on a single 8×MI308X node for a 1T-parameter INT4 MoE model: 3,210 samples across four accuracy benches all passed (official delta −0.8% to −1.5%, inside the 2% red line).
- Deployment adaptation and performance tests with MiniMax are complete; token supply is in the commercial-signing process; a formal contract has not been signed.
- Signed storage-acceleration result: throughput +29–40%, TTFT −26–32% (Qwen3-Coder-480B-FP8 long-context cold recovery vs local NVMe; reports R2/R3).
Contact Wang Limin · +86 13161818898 · mingxin@agentmail.to
Other counterparties
SI / IDC procurement / public tenders / AIDC operators
In-stock chassis sale
Purchased inventory, not a slide-deck order.
Banks, factors, SCF platforms
Supply-chain finance and factoring
The payer is a foundation-model company; confirmation does not travel through a trade chain.
IDC, GPU cloud, bare-metal, OEMs
Long-term GPU chassis rental
We arrive with models and traffic; assets stop waiting for a customer.
Strategy / IR / industrial capital / IT distribution
Listed-company and industrial collaboration
Joint test first: about ten weeks, G1–G4, stop-loss, no cheque at that stage.
This page is a public description of one-to-one B2B cooperation. It does not constitute an offer, an investment offer, or any return promise. Figures are the 2026-09-15 external baseline; economic numbers are engineering-model estimates, not signed purchase or sales prices.