Core Insights - Qinhuai Data has signed a strategic cooperation framework agreement with the Zhongwei Municipal Government in Ningxia, planning to invest 24 billion yuan to build three zero-carbon super-large-scale intelligent computing parks, with a total IT capacity of 1.2 GW upon completion [1] - The agreement emphasizes deep collaboration in enhancing the AIDC (Artificial Intelligence Data Center) industry ecosystem, creating a circular economy demonstration zone, addressing large-scale energy storage challenges, optimizing local energy supply and new energy scheduling, and local talent training [1][2] - Qinhuai Data is a leading third-party AIDC operator in China's "East Data West Computing" initiative, further solidifying its position in the domestic computing power industry with this new project [1][2] Industry Context - Zhongwei City is leveraging the "East Data West Computing" opportunity to establish itself as "China's Green Computing Power Capital," with its computing power scale, quality, and environmental standards ranking among the top in the country [2] - The city offers stable electricity supply, strong policy support, and a favorable business environment, which are conducive to the development of computing power enterprises [2] - Qinhuai Data's business model aligns with the national "East Data West Computing" initiative, focusing on large-scale development and zero-carbon strategies [2] Company Strategy - The CEO of Qinhuai Data highlighted that the rapid development of AI will significantly transform various industries and present major opportunities for upgrading intelligent computing infrastructure [3] - The company aims to leverage its advantages in technological innovation, efficient operations, energy solutions, and talent development to create zero-carbon intelligent computing center demonstration projects that balance corporate profits and social benefits [3]

Group 1 - Qinhuai Data signed a strategic cooperation framework agreement with the Zhongwei Municipal Government, planning to invest 24 billion yuan to build three zero-carbon super-large-scale intelligent computing parks in Zhongwei, with a total IT capacity of 1.2 GW upon completion [1] - The collaboration aims to enhance the AIDC industry ecosystem, create a circular economy demonstration zone, tackle large-scale energy storage challenges, optimize local energy supply and new energy scheduling, and train local talent [1][2] - This agreement marks Qinhuai Data's expansion in the "East Data West Computing" initiative, reinforcing its leading position in China's computing power industry [1][2] Group 2 - Zhongwei is focusing on becoming "China's Green Computing Capital," leveraging stable electricity supply, strong policy support, and a favorable business environment to accelerate the computing power industry [2] - Qinhuai Data is recognized as one of the largest third-party AIDC operators in the "East Data West Computing" project, adhering to a large-scale development model and zero-carbon strategy [2] - The CEO of Qinhuai Data emphasized that the rapid development of AI will create significant opportunities for upgrading intelligent computing infrastructure, with Zhongwei being an ideal location for large-scale intelligent computing centers [2][3] Group 3 - Qinhuai Data aims to leverage its advantages in technological innovation, efficient operations, energy solutions, and talent development to create zero-carbon intelligent computing center demonstration projects [3] - The company plans to establish Zhongwei as its third major layout node in China, following Zhangjiakou and Datong, driving the local computing power industry ecosystem's evolution [3] - Qinhuai Data is committed to integrating local ecological development into its operations, focusing on technological and model innovation to contribute to the new momentum and advantages for Zhongwei and Ningxia [3]