On August 28th, Beijing Forever Technology (300365.SZ) announced that it has recently signed a contract with Hebei Smart Internet Technology Co., Ltd. (referred to as 'Smart Internet,' the 'contractor') for the Century Internet Sanhe 110kV Substation EPC Project General Contract (referred to as the 'contract,' the 'agreement'), and the total contract price is 0.2423 billion yuan.
Smart Internet is a subsidiary controlled by 21vianet Group, Ltd. (referred to as '21vianet'). The company has signed a cumulative amount of approximately 0.422 billion yuan (including tax) of daily operational contracts with subsidiaries controlled by 21vianet within the past 12 months, meeting the company's disclosure requirements for significant daily operational contracts.
As a 'BIM platform software and industry digitalization application and operation service provider,' the company has been deeply involved in the electrical utilities and new energy fund fields. It has vigorously expanded its comprehensive energy-related business in support of datacenter projects, leveraging the company's strengths in electrical utilities. It provides comprehensive energy solutions for datacenters, including energy planning, new energy design, and energy management, to promote the coordinated development of computing power and electrical utilities. The successful implementation of this contract will be beneficial for the company to further develop and consolidate its presence in the datacenter business market, strengthen its technical capabilities in providing comprehensive energy solutions for datacenters, and further improve its profitability, which is of great significance for the company's long-term development.