Sinnet(SZ:300383)2022-12-06 10:56Group 1: Company Overview and Investor Relations - Beijing Guanghuan Xinnet Technology Co., Ltd. held an investor relations activity on August 9, 2016, from 15:00 to 17:00 [1] - The meeting was attended by various investment firms and analysts, including Guohai Securities and Harvest Fund [1] Group 2: Partnership with Amazon - The company clarified its collaboration with Amazon Web Services (AWS), stating it will operate and provide cloud services based on AWS technology within China [3] - The partnership allows the company to sign customer service agreements and charge clients according to these agreements [3] - The company emphasized that it will maintain a high level of service quality and customer satisfaction, leveraging AWS's established technology [7] Group 3: Business Development and Future Plans - The company plans to focus on IDC (Internet Data Center) and its value-added services as its main business, with cloud computing as a future growth direction [5] - Future data center planning will concentrate on high user density areas like Beijing and Shanghai, which are crucial for business development [4] - The company has expanded its scale through acquisitions and investments, establishing multiple cloud computing bases in locations such as Shanghai and Beijing [6] Group 4: Financial Considerations and Market Position - The company acknowledged the current losses in the AWS cloud service market but expressed confidence in the long-term benefits of the partnership [6] - It will adhere to the agreements regarding fees paid to Amazon for authorization and technical services [7] - The company aims to enhance its service offerings and market presence through the collaboration with AWS, which is recognized as a leading provider in the global cloud computing sector [7]