- New unit supported by experienced team will manage its first, Tier-4 data centre in Guiyang, the PRC
Mr Zhang Dai, Chief Executive Officer of SinoCloud Asset Mgt commented, “Data centres are growing in the PRC, driven by the proliferation of cloud computing and big data analytic services. Exploitation of big data is quickly changing the world and data centre is one of the building blocks in the transformation process. There is a high demand for high-end data centres presently from both commercial and government sectors in the PRC and effective management is imperative to maintain the growth momentum. At this nascent stage, I believe we can rapidly align our strengths and gradually scale our data centre business going forward.”
Mr Andrew Chan, Chairman and Chief Executive Officer of SinoCloud, added, “Data centre will certainly be the Group’s main focus in the next few years. To capture the industry’s growth, we hasten our steps following shareholders’ approval for the acquisition of 63% effective interest in a Tier-4 data centre in Guiyang, the PRC, to create a data centre management unit to cultivate this new business venture. I believe Mr Zhang Dai’s experience and credential in the industry will help the Group to expand its scale and scope in this area. At this gestation period, we are working tirelessly to capitalise on business opportunities within the data centre space and increasing marketing efforts to expand our customer base. In due course, we aim to deliver a sustainable performance to generate value for our shareholders.”