Cooperation Partner: Wanying (Tianjin) Equity Investment Fund Management Co., Ltd.

 The company plans to establish a comprehensive internet data center park in Malaysia, integrating multiple functions such as data storage, cloud computing, and network services. The project aims to meet the growing demand for data processing and storage in Malaysia, Southeast Asia and beyond, positioning itself as a key data hub in the region.  

Currently, Malaysia has developed several moderately scaled data center clusters in locations such as Kuala Lumpur and Johor, but the overall industry is still in a growth phase, with significant room for improvement in terms of data center scale, technological capabilities, and service quality. In 2024, the estimated market size of Malaysia's data center industry is 710 megawatts, projected to reach 1,360 megawatts by 2029, representing a compound annual growth rate (CAGR) of 13.73%. Additionally, colocation revenue is expected to generate $838 million in 2024, potentially increasing to $2.0382 billion by 2029, with a CAGR of 19.45% during the forecast period.