On March 17, Zhejiang Century Huatong Group Co.Ltd(002602) announced that its holding subsidiary century Longteng had signed the strategic cooperation framework agreement with Zte Corporation(000063) and the two sides would carry out all-round cooperation in business areas such as data center, industrial park development, government cloud business development and 5g edge computing center.
The announcement pointed out that the cooperation between the two sides focuses on market development, new technology research, network technology innovation and other dimensions – Zte Corporation(000063) will provide century Longteng with safe, stable and green data center related products and solutions; The two sides are jointly committed to the research of new technologies and products in the future; Give full play to the advantages of century Longteng’s deep understanding of industry needs and Zte Corporation(000063) ‘s deep technical accumulation in the field of ICT to jointly provide industry customers with solutions based on network technology innovation.
Insiders pointed out that technological innovation has become an important starting point for the development of digital economy. Taking the data center as an example, the three-year action plan for the development of new data centers (20212023) issued by the Ministry of industry and information technology in July last year pointed out that the new data center has the characteristics of high technology, high computing power, high energy efficiency and high security. Today, with the increasing popularity of digitization, it can better support the accelerated innovation of a new generation of information technology and accelerate the construction of a manufacturing power and a network power.
Zhejiang Century Huatong Group Co.Ltd(002602) as an important participant and builder of China’s third-party data center, it has implemented the plan to deploy more than 50000 cabinets in the data centers in Shanghai and Shenzhen. Among them, the Shenzhen data center project started by century Longteng recently not only has a large scale and high construction standards, but also uses a number of innovative technologies and adheres to the construction concepts of energy conservation, low carbon and green environmental protection.
Zte Corporation(000063) is the world’s leading comprehensive communication and information service enterprise, with profound technical accumulation and project participation experience in the field of ICT. It has complete and end-to-end products and integration solutions in the communication industry. Through a full range of “wireless, wired, cloud computing, terminal” and other products, it provides customers in many countries and regions around the world with innovative technologies and product services.
Strategic cooperation with Zte Corporation(000063) will help improve the development progress of Zhejiang Century Huatong Group Co.Ltd(002602) in cloud data business related fields. Especially in building a new generation data center, Zhejiang Century Huatong Group Co.Ltd(002602) continuously improve its leading advantages in technological innovation, green and low-carbon, and lay a solid foundation for the long-term development of the company.
