Aofei Data said that after the completion of the project, the company will have the first large-scale data center in Tianjin.
On May 21, Aofei Data released an announcement stating that it signed an "Equity Transfer Agreement" with Xinjin Shunjian and Xinjin Zhicheng in Guangzhou on May 19 on Tianjin Pangu Yuntai, agreeing to acquire 40% of Tianjin Pangu Yuntai. The transaction price of the shares of the company is CNY 122 million.
Aofei Data's move is undoubtedly to expand the scale and depth of its business in the Beijing-Tianjin-Hebei IDC market.
"Beijing-Tianjin-Hebei, centered on Beijing, is a hot market in the data center industry, with scarce resources and strong demand. KZ Consulting - "2020-2021 Beijing and Surrounding Area IDC Market Research Report" shows that in 2020, the IDC market in Beijing and surrounding areas will continue to maintain rapid growth. In 2020, the IDC market in Beijing will reach CNY 26.98 billion, accounting for 27.1% of the national IDC market, ranking first in China's major cities. “
Therefore, first-tier IDC companies acquire equity in IDC companies in Beijing and surrounding areas in order to quickly enter the regional market. The acquired companies either have data center projects already built, or have qualified land, or specific projects that have been approved.
On September 22 last year, GDS announced that it would acquire a target company in Shunyi District (Beijing) 100% stake. The company owns a large data center with a machine room area of over 19,000 square meters.
Just this month, AtHub used cash to acquire 100% equity of a project company in Langfang City, and obtained the right to use about 50 acres of land in Langfang City, Hebei Province through the acquisition. In the future, it will build and invest in a data center here.
The target company Tianjin Pangu Yuntai, intends to build a data center project in Wuqing District, Tianjin. The project is located at a straight line distance of about 37 kilometers from Beijing Daxing International Airport. It has outstanding location advantages and has obtained the data center relate approvements for the construction of 12,000 high-power cabinets. Tianjin Chenrui Zhongdian, a wholly-owned subsidiary of the target company, has obtained the "Construction Project Planning Permit", and the project can be started after the completion of the acquisition.
Aofei Data said that after the completion of the project, the company will have the first large-scale data center in Tianjin. It is an important move to deploy business in Beijing-Tianjin-Hebei This acquisition can enhance the company's market competitiveness and sustainable development capabilities, enhance regional market advantages, integrate advantageous resources, and further consolidate the company's dominant position in integrated Internet services.
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