东阳光拟收购秦淮数据中国区业务，280亿布局算力基建

Core Viewpoint - Dongyangguang plans to acquire 100% equity of Qinhuai Data China for 28 billion RMB, aiming to enter the computing power sector and enhance its position in the digital economy infrastructure [1][4]. Company Overview - Dongyangguang, established in 1997 and listed on the Shanghai Stock Exchange, focuses on the capacitor industry chain and battery materials, with five major business divisions: electronic components, chemical new materials, high-end aluminum foil, energy materials, and liquid cooling technology [2]. Financial Performance - In the first half of this year, Dongyangguang achieved a revenue of 7.124 billion RMB, an increase of 18.48% year-on-year, and a net profit of 613 million RMB, up 170.57% year-on-year [3]. Acquisition Details - The acquisition involves a multi-layered financing structure, with Dongyangguang and its controlling shareholder contributing 3.5 billion RMB and 4 billion RMB respectively to Yichang Dongshu No.1 Investment Co., which will then acquire Qinhuai Data China [4]. - Qinhuai Data is a leading operator of large-scale data centers in China, ranking first in three indices: intensive development, international layout, and green low-carbon [4]. Strategic Rationale - The acquisition is seen as a strategic move to tap into the high-growth data center industry, optimize asset allocation, and enhance core competitiveness in the digital economy infrastructure [6]. - Dongyangguang aims to leverage synergies with Qinhuai Data in liquid cooling technology, electronic components, and intelligent robotics, facilitating breakthroughs in technology and market expansion [6]. Future Outlook - The integration of renewable energy resources from Dongyangguang's production bases with Qinhuai Data's facilities is expected to lower operational costs and enhance long-term profitability [7]. - The acquisition aligns with national strategies for building a unified computing power network, positioning Dongyangguang to create a collaborative digital infrastructure ecosystem [7].