In the first quarter of 2022, Beijing Haoyang Cloud Data Technology Co., Ltd. (hereinafter referred to as "Haoyang data") has completed the acquisition of Baoding No. 1 data center with Asian investment funds managed by subsidiaries of Apollo global management, Inc. (hereinafter referred to as "Apollo"), one of the world's largest private equity institutions, and Mandarin capital Management Limited (hereinafter referred to as "Zhonghong capital"). This is another key layout of Haoyang data in the area around Beijing after it completed its investment in Langfang No. 1 data center in the second quarter of 2021.

Figure 1: rendering of Haoyang data Baoding No. 1 Park

Haoyang data Baoding No.1 data center is a key project in Hebei Province, a high-tech enterprise in Hebei Province, cloud computing applications and big data analysis as its core business. It has a large customized new generation data center with high reliability and flexible configuration, and comprehensively provides customers with compliant, stable, safe and efficient services. The park covers an area of 42000 square meters. The project is located in Baoding City, Hebei Province, near Fangshan District of Beijing. It has a superior location. Within the 1-hour economic circle around Beijing, Tianjin and Hebei, it is about 35 kilometers away from Beijing in the north and 125 kilometers away from Tianjin in the East, bordering xiong'an new area.

Figure 2: Haoyang data Baoding 1 block a data center

Baoding No.1 data center has completed the construction of about 2000 cabinets, and its existing customers include well-known online entertainment service providers and telecom operators. The project plans to have a total of 5 data centers, which can accommodate 10000-12000 cabinets after construction.

Lidongmei, general manager of Baoding No.1 data center, said that driven by the "new infrastructure" policy, the data center field is welcoming many participants. Haoyang data and its joint venture partners have carried out in-depth exploration and diversified innovation of the cooperation mode with us, reflecting the ability of all parties to judge the industry trend and industry integration. This cooperation will effectively expand the influence of Baoding No. 1 data center in the Huanjing and huanxiong markets.

Wen Li, co-founder of Haoyang data, said that Baoding No. 1 data center is Haoyang data's further improvement of the layout of the Beijing Tianjin Hebei hub in the "counting East and counting West". After the acquisition, Haoyang data held two super large data center projects in the Beijing Tianjin Hebei hub and ranked among the first tier of the data center. Subsequently, it began to improve the layout of the Yangtze River Delta hub and the Guangdong Hong Kong Macao hub. Data center is the lowest infrastructure of scientific and technological innovation and digital economy. Haoyang data will continue to invest heavily in the new generation of green data centers to lay a solid foundation for scientific and technological innovation and digital economy.

Lainingning, CEO and co-founder of Haoyang data, said that Haoyang data focuses on digital real estate and accelerates the industrial layout of national data centers. Invest in a more stable, efficient and intelligent data center to provide customers with a digital infrastructure platform that exceeds expectations. Baoding No.1 data center has been put into operation about 2000 cabinets and provides services for domestic well-known customers. There are 8000-10000 cabinets to be built in the plan, and the construction standard can reach tieriv and national standard A-level data center. The project provides professional facilities, technology and personnel support, which can fully ensure the safety and stability of customer data. At the same time, Haoyang data Baoding No.1 data center and Langfang No.1 data center are 40-50 kilometers away, which can form a data center for mutual disaster recovery, providing a more safe, reliable, flexible, efficient and long-term sustainable data center ecological environment for large customers, and helping the development of Beijing Tianjin Hebei digital economy.

Guokailong, partner of Apollo Asia Fund, said that we are very happy to cooperate with Haoyang data to acquire another high-quality large-scale data center project in the circum Beijing market. Apollo highly recognizes the excellent management team and executive ability of Haoyang data. In the future, it is confident to work with Haoyang data to continue to explore more high-quality investment opportunities and jointly invest in standardized infrastructure products, so as to make beneficial contributions to the development of China's digital economy.

Figure 3: Haoyang data Baoding 1 block a data center machine room diagram

The core team of Beijing Haoyang Cloud Data Technology Co., Ltd. has more than 10 years of IDC industry experience on average, and is committed to building an infrastructure operation resource management platform with core customization advantages, super large-scale operation capability and high value-added. It provides new data center solutions with expertise. It is a high-standard, low-energy, super large data center operator, with the goal of working in Beijing, Shanghai, Guangzhou Shenzhen and other super first tier node cities and the surrounding areas have completed the comprehensive strategic layout of 100000 self owned cabinets.

Apollo global management, a joint investor, 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. As of the end of December 2021, Apollo global managed assets of about $497.6 billion, including credit assets of about $350.1 billion, private equity assets of about $86.6 billion and physical assets of about $60.8 billion.

The joint investor Zhonghong Capital Management Co., Ltd. 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 field of heavy assets and infrastructure in Greater China. The 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.