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SDHG (00412.HK) Enters Strategic Cooperation Framework Agreement with VNET Group, Inc. (VNET.US)
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SDHG (00412.HK) announced that it has entered into a non-legally binding strategic cooperation framework agreement with VNET Group, Inc. (VNET.US). The two parties will carry out extensive and in-depth cooperation across multiple areas. Among the initiatives, both parties will jointly build and operate an integrated ecosystem centered on data centers featuring high-load "green energy + high-efficiency computing power". They will actively promote in-depth collaboration with Shangaoxin Energy, and, subject to independent decision-making and market-oriented principles, explore cooperation opportunities including the joint development, construction and operation of on-site distributed energy projects at data centers. The parties will also explore cooperation models for green electricity trading to increase the proportion of green power usage in data centers; collaborate on comprehensive energy services for data centers to enhance energy efficiency; and jointly develop and promote advanced energy technologies applicable to data center scenarios, including but not limited to innovations in data center power systems, energy-saving technologies and smart energy management. The two sides will establish regular or ad hoc management communication mechanisms to exchange views on proposed cooperation directions and major matters, and to guide and advance the strategic cooperation. Dedicated personnel will be appointed by both parties to form a joint task force responsible for implementing specific cooperation projects under the agreement, formulating cooperation plans and resolving issues arising during the collaboration. (sl/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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