On July 4, the 2024 Global Digital Economy Conference Intelligent Computing Power Innovation and Development Forum was held. At the conference, the Chinese Academy of Information and Communications Technology released the “China Computing Power Center Service Provider Analysis Report (2024)” (hereinafter referred to as the “Report”) and announced the “2024 Top Ten Computing Power Center Service Providers in China” list.Qinhuai Data Group has been on the list for the third year in a row. Among them, the three sub-indices of intensive development, international layout, and green and low carbon all ranked first in the industry.

This “Report” constructs more than 20 quantitative indicators around the six subcategories of overall scale, capacity building, financial status, green and low-carbon development, intensive development, and international layout, to conduct a comprehensive scientific evaluation of computing power center service providers, and hopes to drive the industry to embrace the AI wave and move towards innovation and sustainable development through the exemplary role of industry leaders.

The evaluation dimensions of data centers by the Chinese Academy of Information and Communications Technology are adjusted year by year according to changes in cutting-edge trends in the industry. In recent years, artificial intelligence computing power has exploded, and sustainable development challenges have become more and more serious. The “going overseas” wave has emerged, and the three categories of green and low carbon, intensive development, and international layout have been included in the evaluation system in the last two years.Qin Huai Data ranked first in the industry in all three categories, demonstrating its forward-looking vision and firm layout in the era of artificial intelligence.The “Report” also divides the top 15 companies in the Composite Index into the three echelons of “strong leaders,” “rising power,” and “ready to go.”Qinhuai Data is firmly in the first tier of the “strong leader”.

Adhering to the core concept of promoting the efficient transformation of electricity to computing power, Qinhuai Data continues to promote technology and model innovation throughout the data center business chain to meet customer needs for larger scale, faster delivery, higher performance, lower energy consumption and lower cost.

Indicator highlights

Intensive development and hyperscale aspects, By the end of 2023, Qinhuai Data had been put into operation and was under construction in China at a scale of nearly 900 MW, accounting for 98% of the listing capacity.Among them, the data center parks in Lingqiu, Shanxi, and Huailai, Hebei have already been put into operation with an average IT capacity of more than 30MW. The total cluster size, average unit size, and average cabinet density are at the forefront of the industry.

In terms of international layoutAs a pioneer of large-scale data centers in Southeast Asia, Qin Huai Data,Overseas business accounted for 25% by the end of 2023. According to DC Byte's statistics for the second quarter of 2024,Qinhuai Data Overseas Brand Bridge Data Centres ranks first in Southeast Asia in terms of operating scale.

Capabilities and green and low-carbon aspects, Qinhuai Data focuses on technological innovation and has industry-leading data center full-stack solutionsEspecially in high-density scenarios, its air cooling and liquid cooling solutions are in a leading position in the industry.It can fully meet the cooling requirements for larger computing in the big model era, and can currently support high-density cabinets of up to 140kW.In China, Qinhuai data runs an average of PUE 1.21 per year, and the PUE using immersion liquid cooling technology can be as low as 1.1. In addition, Qinhuai Data also occupies a leading position in the patent layout. By the end of 2023, the patent layout had exceeded 550.

In terms of financial situationThe dual drive of capacity barriers and business models has enabled Qinhuai Data to maintain an extremely strong business growth momentum.From 2021 to 2023, the compound annual growth rate of revenue, EBITDA profit, and net profit of the Group's business in China exceeded 40%; The net profit and return on capital of the Chinese business reached 33% and 28% respectively in 2023, far ahead of the industry average. Looking forward to the future, the explosion of demand for intelligent computing and the large-scale customization model that coexists deeply with customers will bring huge room for long-term business growth for Qinhuai Data.

Zhang Binghua, CTO of Qinhuai Data Group

Delivered a speech at the “2024 Global Digital Economy Conference Intelligent Computing Power Innovation and Development Forum”

At the forum, Zhang Binghua, CTO of Qinhuai Data Group, also delivered a keynote speech entitled “Innovative Technology and Change Models Help AIGC Develop”.Share trends in chips and computing power in the era of generative artificial intelligence, and the ability requirements of data centers to support high-density computing power.He emphasizedData center companies need to have five major capabilities to meet the challenges of accelerated changes in scenarios and highly uncertain requirements, respectivelyLarge-scale resource reserve capability, agile and flexible delivery capability, forward-looking technology and solution capability, quality assurance and cost control capability, professional operation and guarantee capability. As a leading enterprise in hyperscale data centers, Qinhuai Data continues to innovate and explore technology. Domestically, large-scale wind, liquid, and electricity full-stack integration technology was innovated to create a benchmark case for high-density liquid cooling scenarios. At a base in North China, the PUE was as low as 1.14, and the WUE was about 0.2, achieving a win-win situation in saving water and electricity.

Supported by leading technology, Qinhuai Data will continue to drive the iteration of capabilities, build full-stack solutions for AIGC data centers, and at the same time build the world's leading next-generation generative AI data center as its mission, building a solid digital foundation for the intelligent process in various regions.