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Recently, China Bester Group and Huaxin Design Institute signed a strategic cooperation agreement in Wuhan. The two parties have carried out all-round cooperation in the fields of computing services, data business and energy storage through products, technologies, markets and solutions. Both parties will complement each other's strengths and share resources in the future.

Chairman Li and Mr. Wang

Huaxin Design Institute is one of the largest and most powerful institutes in communication network planning, design and consulting. Especially in the past ten years, it has continuously invested in data centers, intelligent computing centers and data networks, and has become the country's core contractor in terms of major data centers and supercomputing centers. It enjoys strong influence in Zhejiang and the Yangtze River Delta region.

Focusing on 5G new infrastructure and cloud network computing services, China Bester Group is the core service provider for the three major operators. It mainly provides government and industry customers with computing power, storage, cloud services and solutions based on cloud hosts, as well as 5G new infrastructure, smart city and industry application services and optoelectronic products.

 Chairman Li introduces the computing power server to Mr. Wang

The two parties conducted in-depth exchanges on computing power, data, new energy, and domestic and foreign business collaboration. Huaxin Design Institute is headquartered in Hangzhou, Zhejiang Province. Hangzhou enjoys a large number of Internet and AI companies represented by Alibaba. Zhejiang is also the permanent venue for the World Internet Conference. It has gathered a large number of digital technology companies and has a large demand for AI large model training and application. Huaxin Design Institute has been in Zhejiang for 40 years and has become a first-class digital engineering service and comprehensive intelligent service provider in China, undertaking many IDC computer room construction projects for Internet and AI companies in Zhejiang and even across the country. The two parties will rely on Huaxin Design Institute's advantages in terms of regional location and industry customer resource in Zhejiang to develop customers with computing power needs in Zhejiang and the Yangtze River Delta region, leverage China Bester Group's computing power service capabilities, and jointly expand the computing power market. The two parties will increase research on information and communication industry models and jointly promote the vertical application of industry models.

In terms of data business, the establishment of the National Data Bureau is an important measure to implement the national digital strategy. As a leading province in the country's digital reform, Zhejiang’s comprehensive development level ranks first in the country. And it is accelerating the construction of the "Digital Yangtze River Delta" and the development and utilization of public data resources, continuously optimizing digital services to benefit the people, promoting the digital transformation of the economy and society, and modernizing the provincial governance system and governance capabilities. 

Huaxin Design Institute is the main service provider for government and industry information construction in the Yangtze River Delta region. China Bester Group, with strong resource allocation capabilities, will carry out data cooperation with Huaxin Design Institute, strengthen business exchanges with Zhejiang Big Data Bureau, and jointly promote transaction standards such as the confirmation of data ownership, data assets, and data services, and fully carry out data applications and data business development on the basis of full data cleaning, mining and analysis.

In terms of new energy business, economically developed Zhejiang enjoys large industrial and commercial electricity demand, tight power supply, high industrial and commercial electricity prices, and a high installation proportion of distributed photovoltaic and energy storage. Especially after the introduction of the time-of-use electricity price in Zhejiang Province, enterprises are more willing to cooperate and independently invest in energy storage, and the demand for industrial and commercial energy storage has grown significantly. Huaxin Design Institute will leverage its geographical advantages to deeply explore potential users of energy storage, and actively expand cooperation in energy storage projects with China Bester Group's advantages in products on in energy storage batteries and management systems and advantages in capital.

China Bester Group and Huaxin Design Institute are both leading companies in the domestic communication technology service industry. They are also among the earliest Chinese communication companies to develop overseas business. In terms of domestic business, both parties can give full play to their advantages in the operators, government and enterprise markets, develop collaboratively, jointly promote the expansion and extension of communication and ICT-related businesses, and increase market share.China Bester Group and its wholly-owned subsidiary, Tianjin Posts and Telecommunications Design Institute, will fully support the implementation and delivery of Huaxin Design Institute's relevant design business.In terms of international business, Huaxin Design Institute currently covers many overseas countries and regions.China Bester Group's overseas business covers the countries along the "One Belt and One Road" such as the Middle East, Southeast Asia, and Africa. In terms of overseas market network, customer resources, project delivery, capital investment, etc., it can give full play to the resource, financial and technical strength advantages of both parties, cooperate and complement each other, and jointly carry out overseas EPC general contracting business and new energy business development.

Discussion and exchange between the two parties

The signing ceremony between the two parties was held at the headquarters of China Bester Group. Mr. Wang Xinrong, Secretary of the Party Committee and General Manager of Huaxin Design Institute, and Mr. Li Liubing, Chairman of China Bester Group, co-hosted the signing ceremony. Mr. Rao Yougen, Technical Director of China Bester Group, and Mr. Ren Qing, Deputy General Manager of Huaxin Design Institute signed the strategic agreement on behalf of both parties.

The two parties signed the strategic cooperation agreement.

The two parties established a joint working group to strengthen exchanges and cooperation, and actively promote the rapid implementation of the details of the strategic agreement.

The heads of relevant departments of China Bester Group and Huaxin Design Institute attended this event.