Langwei Co., Ltd. (301202.SZ) announced that its wholly-owned subsidiary Ningbo Langwei Network Energy Co., Ltd. (referred to as "Langwei Network Energy") ...
According to the Zhitong Financial APP, Langwei Co., Ltd. (301202.SZ) announced that its wholly-owned subsidiary Ningbo Langwei Network Energy Co., Ltd. (referred to as "Langwei Network Energy") plans to sign an "Investment Agreement" with the Ningbo Qianwan New Area Management Committee (referred to as "Qianwan New Area Management Committee") to invest in the construction of a prefabricated module project for datacenter, with a total investment of 1.5 billion yuan.
The project covers an area of approximately 183 acres, designated for industrial use, intended to be located within the following boundaries: west side to Ningbo Zhongxin semiconductors Co., Ltd., north side to Chaopu Road, east side to proposed Zhijiang, and south side to Yinwan East Road.
It is reported that this investment is based on the growing global demand for prefabricated modular datacenters, the company's overall strategic layout, and business development needs, and will be carried out through the established subsidiary Langwei Network Energy.