New stock news: China United Data is rumored to be planning an IPO in Hong Kong with an estimated valuation of over 500 million US dollars.

According to media reports, Zdata Technologies Co. plans to go public in Hong Kong, with a valuation of over 500 million US dollars (approximately 3.9 billion Hong Kong dollars). Zdata Technologies has gone through several rounds of financing, with investors including Sequoia China, Matrix Partners, Zhongding Capital, Zhongtang Investment, and Tianjin DeYa. Zdata Technologies is a leading digital infrastructure service provider, focusing on the construction and operation of new high-computing power green data center clusters. It has already established a presence in key regions such as Beijing, Tianjin, Hebei, Inner Mongolia, Shanxi, Guangdong, Hunan, and has deployed large-scale computing power data center clusters in critical international nodes such as Malaysia. Zdata Technologies maintains industry-leading levels in smart data center construction delivery, green energy efficiency, operation and maintenance management, and resource reserves. It holds multiple professional certifications and operating qualifications, including value-added telecommunications business operating licenses (IDC, IRCS, ISP, CDN, VPN), is a national level IP address allocation agency, and has been awarded honors such as National High-tech Enterprise and China's Top Ten Influential Third-party Data Center Operators. According to the company's website, its main customers include Tencent (00700), Meituan (03690), Alibaba (09988), Huawei, and TikTok.