Zhisheng Group Holdings (08370) has received a tender notification from a top social platform to provide approximately 500 megawatts of data center services.
Zhisheng Group Holdings (08370) announced that it has acquired the land use rights for a plot of land approximately 50,000 square meters in Hohhot, Inner Mongolia, for the construction of its own data center. The group (through a company controlled by Mr. Lai Ningning, the company's executive director and major shareholder) received a notification of winning a bid from a top social media platform company on August 7, 2026. This bid involves providing a total processing capacity of about 500 megawatts of data center services to be constructed on that land, of which approximately 180 megawatts is expected to be delivered in batches starting around May 2027; however, several terms and conditions are still pending finalization. This successful bid marks a significant client acquisition for the group's data center business in China.
Zhi Sheng Group Holdings (08370) announced that the Group has acquired the land use rights for a plot of land of approximately 50,000 square meters located in Hohhot City, Inner Mongolia Autonomous Region, for the purpose of constructing its own data center. The Group (through a company controlled by Mr. Lai Ningning, an executive director and major shareholder of the company) received a bid-winning notification from a top social media platform company on August 7, 2026, regarding the data center services that the Group will provide on the land, which will have a processing capacity of approximately 500 megawatts. About 180 megawatts are expected to be delivered in batches starting around May 2027, subject to the finalization of several terms and conditions. This successful bid marks a significant achievement for the Group in securing a major client for its data center business in China.
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