Quzhou Xin'an Development(SH:600208) 3 6 Ke·2025-08-29 01:44Group 1 - The core point of the article is that Quzhou Development, under the control of Quzhou State-owned Assets, is making significant moves in mergers and acquisitions, including a major acquisition of 95.4559% of the shares of Xian Dao Electric Technology for a valuation not exceeding 12 billion yuan [1][6] - Quzhou State-owned Assets has signed a strategic cooperation agreement with Prologis China, investing 2.5 billion yuan in a computing power center, marking the largest investment in the AI sector for the city [2][5] - The acquisition of Xian Dao Electric Technology is part of a broader strategy by Quzhou to strengthen its industrial chain, particularly in the new materials sector, which is a key focus for the local economy [6][7] Group 2 - The computing power center is a key focus of the collaboration between Quzhou and Prologis, aiming to establish an international logistics hub and service the local industrial ecosystem [2][3] - Quzhou's investment strategy aligns with Zhejiang Province's goal to develop a leading AI industry, targeting over 1 trillion yuan in revenue from the core AI industry by 2027 [3][4] - The article highlights that Quzhou's recent acquisitions, including a stake in the photovoltaic company Yida New Energy, are strategically aligned with the region's industrial development goals [8][9]