MCC Meili Cloud Computing Industry Investment (000815.SZ) plans to shut down its papermaking business and liquidate and cancel its subsidiary Xinghe Technology.

Mcc Meili Cloud Computing Industry Investment (000815.SZ) announced that the company's papermaking business has outdated production capacity, old equipment, and high safety risks. In recent years, the papermaking business has been continuously losing money and is showing signs of further losses. In addition, as there have been changes in the industry environment this year, it is expected that there is no hope of turning the losses around in the future. According to the company's development plan, in order to optimize the industrial layout, allocate resources reasonably, and focus on green and low-carbon data center business, it plans to shut down the papermaking business, properly place the employees, and liquidate and cancel Xinghe Technology.