Comply with the trend of China to accelerate the construction of 5g networks, data centers and other new infrastructure (hereinafter referred to as "new infrastructure"), The Asian real estate investment fund managed by the subsidiary of Apollo global management, Inc. (hereinafter referred to as "Apollo"), one of the world's largest private equity institutions, and Zhonghong Wenhua Investment Management Co., Ltd. (hereinafter referred to as "Zhonghong capital") completed the lead investment in the data center operation platform Beijing Haoyang Cloud Data Technology Co., Ltd. (hereinafter referred to as "Haoyang data") in the second quarter of 2021, Start the investment layout of data centers in China. The first data center is located in Langfang City, Hebei Province, 50 kilometers away from the center of Beijing, creating the largest modern data center base around Beijing.

Figure 1: aerial view of Haoyang data Langfang 1 project Park

Langfang No. 1, the first Chinese project of Haoyang data, is located in a superior location, which is only 50 kilometers away from the center of Beijing and 12 kilometers away from Daxing International Airport. The project covers an area of about 40000 square meters and a construction area of about 180000 square meters, with a total volume of more than 20000 cabinets. The design and construction can reach uptime tieriv and national standard A-level standards. The first phase of the project has been capped, and it is expected to complete the external power engineering and deliver the cabinet in the second quarter of 2022. The project can meet the long-term sustainable development needs of large customers for data centers in Beijing and around Beijing, such as high power, high availability, high customization and cost saving.

Figure 2: rendering of Haoyang data Langfang 1 project Park

Guokailong, a partner of Apollo Asia real estate fund, said that with the increase of data usage in social, commercial and life aspects, the data center market in first tier cities and their surrounding areas will continue to grow at a high speed. Langfang City in Hebei Province is close to the core area of Beijing and has convenient transportation, which can well meet the needs of Internet and financial customers. With the continuous improvement of regulatory agencies and customers' requirements for the compliance and professionalism of data centers, Apollo is confident to work with Haoyang data to create more standardized infrastructure products that meet the urgent needs of the market, and make beneficial contributions to the development of China's digital economy.

Haoyang data is responsible for the early investment and construction support and subsequent operation management of Langfang No. 1 project. Haoyang data was co founded by Mr. lainingning, the founder of Beijing haokuan Network Technology Co., Ltd. (hereinafter referred to as "haokuan network") and Mr. Wen Li, the founder of frontline group (hereinafter referred to as "frontline"), who were married to 21vianet. Mr. lainingning once served as a core executive in China's first-line data center operator Century Internet, and has been in charge of many important business departments. Dermot Holdings Limited, a subsidiary of the first tier group founded by Mr. Wen Li, is a leading VPN service provider in Greater China, which was wholly acquired by 21vianet in 2014. The two co founders have accumulated more than 40 years of experience in the Internet communication and data center industry, and have witnessed the whole process of the Internet and data center industry from scratch in China. The core management team members of the company are from well-known companies in the industry, with more than 10 years of working experience in the field of data center, and the overall operation and maintenance management has accumulated more than 30000 cabinets. As the founder of haokuan network, Mr. lainingning has successfully created the open ecological data center model in China, and built and operated the largest commercial network switching center in China. At present, haokuan network has become the largest third-party network hub platform in China.

As a brand-new brand, Haoyang data is committed to becoming a front-line operation platform with centralized management of multiple high-standard, energy-efficient, intelligent and super large data centers to meet the long-term sustainable development needs of customers. Haoyang data has rapidly deployed six base data centers across the country, focusing on Beijing, Shanghai, Guangzhou, Shenzhen and other super first tier node cities and surrounding areas. It is estimated that more than 50000 cabinets can be built, with a total investment of more than 10 billion yuan. Under the centralized management of Haoyang data, multiple data centers can quickly iterate products and solutions, quickly respond to customer needs and achieve synergy between data centers. Lainingning, the co-founder, said that Haoyang data and its data center can provide customers with a package of solutions from high-end retail to customized wholesale, focusing on becoming an infrastructure platform for China's digital economy.

Mr. Wen Li, co-founder of Haoyang data, believes that the cooperation with Apollo and Zhonghong capital provides sufficient financial support for Haoyang data and can accelerate the layout of Haoyang data in the country. Haoyang data adheres to the low-carbon strategy, and takes "carbon peak" and "carbon neutralization" as the lead to constantly explore green energy-saving technologies and long-term sustainable development. Including Langfang No.1 Project, all data centers under Haoyang data management have received sufficient energy evaluation indicators, sufficient power resource guarantee and strong support from the local government.

Apollo global management is a global alternative investment management company focusing on credit, private equity and physical asset investment. Founded in 1990, it is headquartered in New York City and has offices in North America, Europe and Asia. By the end of September 2021, Apollo global managed assets of about $481billion, including credit assets of about $341billion, private equity assets of about $86billion and physical assets of about $54billion.

The joint investor Zhonghong capital was founded in 2016 by some team members of the former Blackstone real estate group in Asia. It is an opportunistic investment management organization focusing on the heavy assets and infrastructure fields in Greater China. Its core team has accumulated more than 40 years of industry experience and completed more than $2.5 billion of transactions. Zhonghong capital has systematically arranged the new infrastructure field, and jointly invested in high-quality assets and high-quality operation platform companies with the world's most famous investment institutions in data centers and life science industrial parks. Jiang Hua, managing partner of Zhonghong capital, said, "Haoyang data's core members have a rare combination of professionalism, industrial experience and entrepreneurship, and are the highest level team that can cooperate in the market. We are fortunate to work with Apollo and Haoyang data to jointly explore the development opportunities of China's digital economic infrastructure industry."