Sinnet(SZ:300383)2022-12-03 09:54Group 1: Company Overview - The company operates approximately 23,000 cabinets across multiple data centers in Beijing, Yanjiao, and Shanghai, with good overall sales performance [3] - The Yanjiao Phase II data center is customized for Amazon, expected to reach full operational capacity as AWS business grows [3] - The company plans to release 6,000-7,000 cabinet capacities upon completion of the first phase of the data center in Fangshan [3][4] Group 2: Financial Insights - The company has purchased Amazon equipment worth 800 million, with payments structured to avoid negative cash flow impacts [5] - The sales price of cabinets remains stable compared to previous years [3] - The total scale of cabinets is projected to reach 45,000-50,000 after all ongoing projects are completed [5] Group 3: Business Strategy - The company emphasizes the importance of cloud computing as a key development direction, enhancing cooperation with Amazon [6] - The SaaS business of Wushuang Technology has gained significant market recognition and brand effect, complementing existing operations [6] - Future acquisitions of IDC facilities will be considered based on operational and development conditions [5][6] Group 4: Market Positioning - Users can choose between AWS services in Beijing or Ningxia, with pricing differences based on resource allocation [5] - The company aims to expand its business scope and achieve synergy with existing operations through strategic partnerships [6][7]