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ITC PROPERTIES Pairs with CUHK on AI Computing Infra, Opens New Fanling IDC Facility
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ITC PROPERTIES (00199.HK) announced that ITC STRATEGIC MANAGEMENT LIMITED (ITC Subsidiary) entered into a memorandum of understanding (MOU) with China Unicom Hong Kong (CUHK), with a view to promoting comprehensive cooperation between the two parties in the areas of AI computing power infrastructure services and related businesses in Hong Kong. The MOU shall take effect on the date of signing and shall remain in full force and effect for a period of 36 months thereafter. For China Unicom Hong Kong’s new IDC room in Fanling, Hong Kong, China Unicom Hong Kong will provide the ITC Subsidiary with business planning and construction progress. The ITC Subsidiary intends to obtain approximately 8 to 10 MW of IDC resources and sublease them to its own customers, with the delivery interface including white floor (including mechanical and electrical facilities), and the ITC Subsidiary will be responsible for renovation, integration, operation and maintenance and provide services to its customers. China Unicom Hong Kong will authorize the ITC Subsidiary to sell its products and services, and provide sufficient technical support, training and competitive distribution prices. The two parties will establish a close cooperation mechanism and a dedicated working team to regularly communicate and coordinate the promotion of cooperative businesses. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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