Core Viewpoint - The company has signed an investment framework agreement to establish a large-scale AI computing power center in Zhangjiakou, Hebei, with a total investment of approximately RMB 24 billion, marking a significant step towards becoming a comprehensive service provider in green energy, smart computing, and new energy storage [1][2] Group 1: Project Details - The project will be developed in five phases, with the first phase aiming to build an AI computing center with no less than 3,000 racks and a power density of at least 12 kW per rack [1] - The expected power usage effectiveness (PUE) of the computing center is not to exceed 1.2, and the water usage effectiveness (WUE) is not to exceed 1.1 [1] - A 200 MW/800 GWh independent energy storage station will also be constructed, utilizing lithium iron phosphate technology and occupying approximately 55 acres [1] Group 2: Strategic Implications - The project adopts a collaborative model involving government, enterprises, and the power grid, aiming to create a closed-loop system of policy, energy, and operations [2] - It is positioned as a computing power hub connecting Beijing's innovation with Hebei's transformation, supporting the development of industries such as smart manufacturing, smart cities, and biomedicine [2] - This investment signifies the company's strategic shift towards becoming a comprehensive service provider in green energy, smart computing, and new energy storage, with a focus on innovation and sustainability [2]