Top IDC companies collaborate with large insurance funds, Taiping Asset - Century Internet Data Center Property ABS is accepted by the Shanghai Stock Exchange.

On February 21, the Taipai Asset - VNET Data Center Holding Real Estate Asset Support Special Plan was approved by the Shanghai Stock Exchange. According to the disclosure on the Shanghai Stock Exchange's bond project information platform, the original right holder of this project is Beijing VNET Broadband Data Center Co., Ltd.; the plan manager is Pacific Asset Management Co., Ltd. The project is a real estate ABS of holding type, with a proposed issuance amount of RMB860 million. VNET (VNET.US) was established in 1996, a leading digital new infrastructure enterprise and the first US-listed IDC company in China, and the only top IDC enterprise developing "base type + city type" IDC business in China. VNET is committed to providing customers with industry-leading data centers, intelligent computing centers (AIDC), networks, and cloud computing exchange connections, hybrid delivery and other comprehensive cloud computing services and solutions, and building a digital infrastructure operation platform with core technology, super-large-scale operation capabilities, and high value-added. As of now, VNET operates more than 50 data centers in over 30 cities in China, with a base type business operating capacity of 358MW and more than 52,000 operating cabinets in city type business.