HONG KONG, Aug 8, 2017 - (ACN Newswire) - Guangzhou(Nanxiang) Clould Service Data Center* ("Nanxiang Data Center") jointly established by Guangzhou Nowtop Technology Company Limited ("Guangzhou Nowtop"), a wholly-owned subsidiary of Neo Telemedia Limited ("Neo Telemedia" or the "Group;" stock code: 8167), and Guangzhou Huade Industrial Limited* ("Huade") has held a grand opening ceremony in late July 2017, which has begun a new chapter in the development of a modern data center with big data as the core.
Nanxiang Data Center, the first self-financing and self-operated project, was jointly invested by Huade and Guangzhou Nowtop. The center occupies a total construction floor area of 12,400 sq.m., which is designed to house 3,000 cabinets. Nanxiang Data Center will be in two Phase for construction. Phase One occupies a total construction floor area of 6,600 sq.m., with 1,200 cabinets and 1,000 sq.m. for the tailor made cabinet for the specific requirements of the customers, which is planned to start operation at the end of 2017. Phase Two occupies a total construction floor area of 6,000 sq.m., with 1,500 cabinets, which is planned to start construction in the second half of 2018. Nanxiang Data Center aims to provide internet access, data center service, disaster recovery center services and network services for customers, and hopefully the occupancy rate will reach 70% by the end of 2018.
As for energy-saving and environmental protection, Nanxiang Data Center is also one of the first data center in Southern China that has adopted natural cooling technology. This technology enables Nanxiang Data Center to save up to 30% in energy compared with traditional data centers, thus helping the community reduce energy consumption and pollution as well as enhance operational efficiency. It also helps improve the Group's competitiveness in serving the high-end IDC customers in Guangdong and enhance it's ability to secure higher revenue.
With cloud computing maturing in Mainland China in recent years, the country has included infrastructure planning, such as IDC, in her six major missions and a policy base for integrating the development of cloud computing and IDC has been laid down. The IDC market in Guangdong is currently growing rapidly and the Nanxiang Data Center is another mature IDC project operated by the Group, a swift response to the changing market.
As one of the leading big data infrastructure service providers, Guangzhou Nowtop boasts a solid business foundation, and an experienced and professional technical team, a quality customer base and connections with major operators, which combined can boost the development of Nanxiang Data Center. The Group believes that with the application of cloud computing on the rise, Nanxiang Data Center will generate new business and profit growth drivers that further strengthen its presence in the big data industry chain and generate satisfactory returns for its shareholders.
About Neo Telemedia Limited (stock code: 8167)
Neo Telemedia Limited and its subsidiaries (collectively, the "Group") is a telecommunication group focusing on the Internet and big data sectors. The Group was included as a constituent stock in MSCI Hong Kong Small Cap Index with effect from December 2016. Its wholly-owned subsidiary, Guangdong Bluesea Mobile Development Company Limited, will partner with large-scale telecommunications operator in China to establish a large cloud computing centre in Southern China. In early 2015, the Group signed several agreements to explore various opportunities in WiFi access services, application of cloud computing and cross-border e-commerce business in the PRC. Additionally, Avatar Wealth and Bees Financial offer Internet finance platform business services. Shenzhou Aerospace Manufacturing Technology (Guangdong) Institute, which was jointly established by the Group, Shenzhou Aerospace Software Limited and Foshan Chancheng District People's Government, was registered as a non-profit organization at the Department of Civil Affairs of Guangdong Province on 23 October 2015. At the end of 2015, the Group completed a public offer and raised approximately HK$1.1 billion to be invested in the data center of Guangdong Bluesea Mobile Development Co., Ltd., including the Zhuxishugu project in Jiangmen.
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