Event: Recently, Runjian Co., Ltd. reached a strategic cooperation with Digital Way Group Sdn Bhd (“Juwei Group”) and COMCOM INTERNATIONAL Sdn Bhd (“Jinkang International”). The three parties will conduct in-depth strategic cooperation in the fields of investment, construction, operation, operation and maintenance of computing power centers, and artificial intelligence applications to jointly promote innovation and development in the field of artificial intelligence industry.
Juwei Group: Incorporated in Malaysia in 2015, it mainly focuses on investments that can drive economic growth and cooperate closely with other countries in Asia in various fields of the digital economy in the context of the Regional Comprehensive Economic Partnership Agreement (RCEP).
Jinkang International: It is a joint venture between China Silk Road Group and Juwei Group in Malaysia. It mainly serves enterprises and markets in countries along the Belt and Road, and strives to promote trade and economy in all countries, so as to achieve mutual benefits for all countries.
The overseas layout once again ushered in a milestone event, building and sharing the advantages of integrated enterprises and deepening the computing power service business. At present, Runjian Co., Ltd. has set up 6 major R&D bases and 15 R&D centers around the world, with more than 1,000 R&D personnel, and R&D investment of 724 million in the past three years. Currently, it has obtained more than 600 intellectual property rights such as patents and software works. The company has successfully installed park data centers in the Philippines, Vietnam, Indonesia and other countries, upgraded the data centers of various enterprises in various countries, and has undertaken more than 100 local projects in ASEAN.
The main contents of this strategic cooperation between the parties include: 1. The three parties make full use of their respective resource advantages and technological innovation advantages, invest in the construction of computing power centers in Malaysia and other countries, build cloud nodes and computing power nodes radiating ASEAN, and plan to build about 1000P computing power services in the first phase. 2. Leveraging their respective technology research and development advantages and marketing resource advantages, the three parties establish comprehensive and close strategic partnerships around industries such as artificial intelligence applications, digital industry, computing power services, etc., jointly develop computing power derivative service business, and jointly build a large AI model service center for ASEAN. 3. The three parties make full use of their respective resources and channel advantages to cooperate in computing power procurement, etc.
The three major businesses are growing steadily, and AI computing power is creating a new growth pole. Runjian Co., Ltd. has three major business segments: communication/information/energy networks. The important technologies are in the same vein, and the three major businesses have a certain degree of collaboration. The communications business is the company's traditional basic market. Against the backdrop of a recovery in operator tenders, the growth rate of the company's performance will grow steadily. Industrial digitalization and digital industrialization are driven by policies and corporate demand to reduce costs and increase efficiency, and the company's informatization business will still enjoy the dividends of industry development. The scale of new energy installations continues to grow. The photovoltaic operation and maintenance market is expected to reach 21,436 billion yuan in 2023, and the company's energy operation and maintenance business will maintain high growth. At the same time, Runjian Co., Ltd. independently developed a “curve scale” AI open platform, empowering 3 major business lines. As the company's new strategic plan, intelligent computing power is based on the Wuxiang Cloud Valley project in China, and fully participates in computing power services and computing power operation and maintenance. The strategic cooperation with Juwei Group and Jinkang International will further deepen the intelligent computing power and artificial intelligence cooperation between the company and ASEAN countries. The advantages complement each other, and inject stronger impetus into the development of the company's new business.
Risk warning: market competition risk, political risk, technology and product iteration risk.