1. In the era of "computing power economy", 21Vianet adheres to the sustainable development concept of stable layout, balanced expansion, green and intelligent
2. Ultra-Internet's new computing power boosts the construction of the computing power network of "East Data and Western Computing" to create a benchmark project
Contribution | 21Vianet
On May 25th, Beijing time, 21Vianet (VNET.US), a scientific and innovative digital new infrastructure company and China's first US-listed IDC company, released its unaudited financial results for the first quarter of 2023. In the first quarter of this year, 21Vianet's financial and operating data rose steadily, with net revenue increasing by 9.7% year-on-year to 1.81 billion yuan.
From the perspective of financial performance, 21Vianet's adjusted cash gross profit in the first quarter of 2023 increased by 10.1% year-on-year to 754.3 million yuan, compared with 684.8 million yuan in the same period last year; the adjusted cash gross profit margin was 41.8%, compared with 41.6% in the same period last year ; Adjusted EBITDA increased by 9.9% year-on-year to RMB 556.2 million, and the adjusted EBITDA rate was 30.8%.
Mr. Dong Jie, CEO of 21Vianet Group, said: "Thanks to our effective 'dual-engine' strategy and high-quality service levels, we achieved a solid start in the first quarter of 2023. The large-scale customization business and new retail business continued to make progress. The large-scale customization business continues to attract Internet top enterprise customers, while the new retail business is expanding steadily and has a diverse customer base. It is worth noting that we are smoothly advancing a project won in the first quarter, which will become one of China's Internet giants in stages The new customers provide services with a total capacity of more than 100MW. Looking forward to the future, with the further development of China's digital economy, we will continue to provide customers with high-quality, stable and reliable services, and promote the digital transformation of vertical industries."
As of March 31, 2023, the total number of cabinets under 21Vianet has reached 87,310; the number of billing cabinets is 49,316, an increase of 1,300 from the end of the previous quarter, and 43,032 in the same period last year; the overall racking rate of cabinets is 56.5%. At the end of the year, it was 55.0%, compared with 54.5% in the same period last year; the monthly recurring revenue (MRR) of a single cabinet in the retail business was RMB 9,486, compared with RMB 9,236 in the same period last year.
Mr. Chen Junhua, Chief Financial Officer of 21Vianet Group, said: "With the gradual recovery of the Chinese economy after the epidemic, we achieved revenue of 1.81 billion yuan in the first quarter, an increase of 9.7% year-on-year. Adjusted EBITDA exceeded expectations, an increase of 9.9% year-on-year. % to 556.2 million yuan. We also maintained a healthy operating cash flow of 455 million yuan. In the foreseeable future, digital demand will continue to grow strongly, and we will also firmly promote the 'dual engine' strategy and further explore valuable opportunities , to improve the overall service quality and strengthen our influence in the IDC market. We firmly believe that relying on our strong core competitiveness and solid chassis resources, we will provide stakeholders with long-term and sustainable value.”
Released the third ESG report Sanhe Mingtai Data Center was selected as the 2022 National Green Data Center
In the era of "computing power economy", 21Vianet adheres to the concept of stable layout, balanced expansion, green and intelligent sustainable development, focuses on long-term value, shapes the role of the enterprise, demonstrates social responsibility, and is committed to becoming a caring, warm and responsible company. Chinese enterprises.
On April 24, 21Vianet released the third ESG report - "Environmental, Social and Governance (ESG) Report 2022", focusing on sticking to the bottom line of business, promoting a sustainable future, empowering the digital economy, and highlighting corporate responsibility, etc. The content discloses the company's ESG management practices and responsibility performance to all stakeholders in an all-round way, including carbon inventory and third-party greenhouse gas verification results. This ESG report further enhances the transparency of 21Vianet in ESG information disclosure through the independent assurance conducted by a third-party professional organization.
21Vianet has been at the forefront of the industry in the design and construction of green data centers, operation and maintenance practices, and the integration of innovative IT facilities, focusing on exploring the energy integration and optimization of data centers. Recently, the list of 2022 National Green Data Centers organized by six ministries including the Ministry of Industry and Information Technology and the National Development and Reform Commission was officially released, and 21Vianet's Langfang Huahai Sanhe Mingtai Data Center in Langfang, Hebei is on the list. This is the fourth national green data center project after 21Vianet Beijing M6 Data Center, 21Vianet Hangzhou Economic and Technological Development Zone Data Center and Anhui Suzhou High-tech Zone Data Center.
Ultra-Internet's new computing power boosts the construction of the "East Counts West" computing power network to create a benchmark project that has attracted industry attention
On April 21, the "First Ultra-Internet New Computing Power Industry and the Third China IDC Industry DISCOVERY" was jointly sponsored by the Zhongguancun Ultra-Internet New Infrastructure Industry Innovation Alliance and the Guangdong-Hong Kong-Macao Greater Bay Area Big Data Research Institute, and undertaken by 21Vianet and Internet Technology. Conference" ended successfully in Beijing. At the conference site, Chen Sheng, the founder of 21Vianet and chairman of the Zhongguancun Ultra-Internet New Infrastructure Industry Innovation Alliance, systematically explained the blueprint of "Ultra-Internet New Computing Power", that is, on the chain-network integrated new information infrastructure, through everyone's participation, everyone A distributed computing power network with the characteristics of universal benefits that is constructed and operated by everyone, operated by everyone, and owned by everyone. Based on the vision of "City as a Computer" (City as a Computer), Hyper-Internet's new computing power will weave a computing power network on the big chessboard of "East Counting and Western Computing", and is committed to driving computing power chips, AI Development of technology, communication network, green energy and other related high-end industrial clusters.
In order to further promote the development of the country's new generation of digital infrastructure and deepen the implementation of the new super-internet computing power, at this conference, 21Vianet signed a strategic cooperation agreement with industrial chain ecological partners based on its own advantages in the data center for nearly 30 years. 21Vianet and Huawei Digital Energy use the data center as the carrier to reach a strategic cooperation in data center infrastructure, source network load storage, and data center low-carbon construction; In-depth cooperation in the application and implementation of joint solutions for smart building scenarios, joint development of a series of intelligent products, and strategic cooperation; center".
As a benchmark project for the new infrastructure of "Ultra-Internet", 21Vianet has built a large-scale, intelligent, and high-standard demonstration base for digital computing from east to west—the super-large self-built base in Taicang. Relying on the development of the digital economy in the Yangtze River Delta, the base has natural network advantages. By building a large-capacity, low-latency network and supporting T-level data synchronization, it can effectively guide the network traffic of "counting from east to west". At the same time, thanks to the 220kV substation self-built by 21Vianet, which has officially delivered power at the end of 2022, its high-voltage level has higher safety and stability, lower voltage drop loss, and more capacity, which can be used by more computer rooms. This saves construction and equipment costs. Sufficient and stable power will better protect the needs of large-scale cloud computing users and AI computing power users.
Currently, 21Vianet’s Taicang base has drawn up a clear road map for green electricity. Through self-built distributed energy, green electricity trading, energy storage and other measures, it is expected to achieve 100% green electricity by 2030. Currently, 21Vianet is deploying the first large-scale commercial liquid cooling project at its Taicang base, which will be further developed into an energy storage center and an energy dispatching center. 21Vianet is changing from an energy "demander" to an energy "supplier" and "scheduler", seizing opportunities in the new round of development, taking the lead in layout, and leading the data center industry on the road of healthy and sustainable development.