Sinnet(SZ:300383)2022-12-03 09:50Group 1: Financial Performance - The company's gross profit margin has decreased due to the weak profitability of the cloud computing business in its early expansion phase, but it is expected to improve as revenue increases [2] - The company reported approximately 23,000 operational cabinets across data centers in Beijing, Yanjiao, and Shanghai, with good overall sales performance [2] - The company anticipates that by the end of 2020, the scale of its data centers will reach between 45,000 and 50,000 cabinets [3] Group 2: Business Expansion and Strategy - The company has reserved expansion space in data centers located in Shanghai, Yanjiao, and Beijing, with future plans based on market conditions and user demand [3] - The company is considering expanding its IDC business through self-construction or acquisition, focusing on operational and development conditions of potential targets [4] - The company prefers self-built data centers over renting to avoid risks associated with rental price increases and lease expirations, ensuring lower costs and higher stability [5] Group 3: Partnerships and Clientele - The company collaborates with Amazon, allowing users to choose between AWS services in Beijing or Ningxia, with a price difference based on resource allocation [4] - The cloud computing business serves a diverse clientele, primarily in the financial and internet sectors, with some industrial clients [3] - The company has established a strong partnership with Amazon, with a two-year agreement that automatically renews, minimizing the risk of non-renewal [6] Group 4: Future Outlook - The company aims to continue supporting the development of its SaaS business, which has gained significant market recognition and brand effect [6] - Future goals include expanding business scale and increasing market share, striving to become an industry leader [6]