-+ 0.00%
-+ 0.00%
-+ 0.00%
Zhisheng Group Holdings (08370): The Inner Mongolia data center project received another customer order and an additional 120 megawatts will be delivered in batches in 2028
Share
Listen to the news

Zhitong Finance App News, Zhisheng Group Holdings (08370) issued an announcement relating to (i) the Group's acquisition of land use rights covering an area of about 50,000 square meters in Hohhot, Inner Mongolia Autonomous Region, the People's Republic of China to build its own data center; and (ii) the Group (through a company controlled by the company's executive director and Mr. Lai Ning Ning, the main shareholder) received a bid notice from a top social networking platform company on August 7, 2026, involving the Group's acquisition of a contract for processing capacity for the data center built on the land 500 megawatts of data center services, of which approximately 180 megawatts are expected to be delivered in batches starting around May 2027. In addition to the approximately 180 MW mentioned above, the Group is pleased to announce that the Group received an order from the customer on September 29, 2026, and delivered 120 MW in two batches, including 60 MW each in the first quarter and the second quarter of 2028, but certain terms and conditions are yet to be finalized.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending