BOER POWER contracts IDC projects for RMB30 million
Boer Power Holdings Limited ("Boer Power" or the "Company"; Stock Code: 1685.HK), a leading solutions provider for intelligent electrical distribution systems and energy efficiency management in China, is pleased to announce that the Group has won the bid for provision of high and low voltage intelligent power distribution integrated solutions for three major intelligent data centers ("IDCs"). The aggregate contract price amounted to approximately RMB30 million, making a good start for 2017.
IDCs is a selected industry which the Group enjoys remarkable competitive advantages and strategically focsus on. The Group is pleased to attain the contracts of three major data centers, namely GDS Chengdu Data Center - Phase 1, Nanjing Cloud-computing Data Center - Huai'an Project, and Hefei Shushan High-tec Park Data Park respectively in the first quarter of 2017. This is a profound testimony to the Group's bespoke "one-off IDC solution" and the widespread recognition among the market leaders.
Mr. Qian Yixiang, Chairman and CEO of Boer Power said, 'the Group's sales from IDC for the first quarter of 2017 has been promising. Meanwhile, the Group has been engaged in positive negotiation with GDS data center, a long-term customer, for one of the potential nationwide cooperation. The consecutive triumphs of our business development towards IDCs fully reflect Boer Power's prestige in the IDC intelligent power distribution markets."
"As China enters the digital era, the IDC market has maintained a fast growth pace and achieved a 40% increase during 2016. High power consumption has brought serious concerns. Leveraging the experience in IDCs over the years and profound client base, the Group has become a renounced and preferred supplier for IDC intelligent power distribution. We believe that the increasing investments and green transformation for IDC will fetch ample of opportunities and favorable pricing advantage to the Group, hence, IDC is expected to constitute a prolonged momentum to the Group's performance.
About Boer Power Holdings Limited (Stock code: 01685.HK)
Boer Power Holdings Limited provides high-end one-stop integrated electrical distribution system and solution design, manufacturing, sales and other value-added service. The company has nearly 30-years of professional experience and maintain a leading position in China's electrical distribution market with production bases in Wuxi, Yixing and Shanghai. The company's business covers Cloud-managed Service, EDS Solutions, iEDS Solutions, EE Solutions and CSP Business. The company focuses on self-developed intelligent and energy-saving products, and it collects data via Boer's "Smart Cloud" Mega Data Platform and develops comprehensive intelligent and energy saving solutions for various sectors, as well as provides long-term maintenance and consulting services for its customers, so as to further enhance their loyalty and the Group's business stability. Its target market includes industries of medical, telecommunications, data centres, infrastructure and new energy, etc.
For further information, please refer to the Company's website at http://www.boer-power.com
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Mr. Hon Fung
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