Beijing Sinnet Technology to Expand Data Center Footprint by End of 2024

Deep News
04/14

Beijing Sinnet Technology Co., Ltd. announced on April 14 via an investor interaction platform that by the end of 2024, the company will further expand the scope of its data center business. Plans include investing in the Helinger Intelligent Computing Center project and the Hohhot Computing Power Base in Inner Mongolia. The Helinger project involves a total planned investment of approximately 1.235 billion yuan, while the Hohhot base is slated for an investment of about 2.295 billion yuan. These two projects will function as dual data centers within the same city, providing mutual backup to better meet client demands. Both projects have already secured the necessary land and are currently in the preliminary approval and planning stages. The company will adopt a market-oriented approach, constructing the facilities in phases based on customer requirements.

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