VNET Group (VNET) Secures a 40MW wholesale Order Major Internet Company

VNET Group, Inc. (NASDAQ:VNET) is one of the Best Performing Long Term Stocks According to Analysts. On September 11, VNET Group, Inc. (NASDAQ:VNET) announced securing a 40MW wholesale order from a major internet company for its new Gu’an IDC Campus near Beijing.

Management noted that this order will be delivered in phases, supporting the customer’s core business with premium data center services. The company will provide customized infrastructure to help the customer deploy domestic chips, which are key to China’s technological growth. Moreover, it is also implementing advanced liquid cooling technology in this project, which improves heat management, reduces energy use, and boosts power efficiency beyond regional averages.

The Gu’an IDC Campus is strategically located 51.4 kilometers south of Beijing in Hebei Province. This location allows VNET Group, Inc. (NASDAQ:VNET) to serve the overflowing demand for computing power from Beijing’s internet firms.

VNET Group, Inc. (NASDAQ:VNET) is a leading carrier-neutral and cloud-neutral internet data center service provider in China.

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Disclosure: None. This article is originally published at Insider Monkey.