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Chaince Digital Holdings Inc. reports developments tied to its digital-finance operating model, including blockchain and digital asset solutions, tokenization infrastructure, AI and high-performance-computing infrastructure, and regulated financial services through Chaince Securities, LLC. The company, formerly Mercurity Fintech Holding Inc., describes its business as connecting traditional capital markets with blockchain technology and digital assets.
Recurring company updates include tokenized investment platform partnerships, institutional digital asset initiatives, private placements and other capital actions, AI data-center and liquid-cooling infrastructure initiatives, corporate presentations, and institutional ownership updates based on public Form 13F disclosures. The company also reports community and market-development activities related to brand and stakeholder relationships.
Chindata Group Holdings Limited (Nasdaq: CD) will release its unaudited fourth quarter and full year 2021 financial results on March 10, 2022, before the market opens. A conference call is scheduled for 7:00 A.M. ET on the same day to discuss these results. Participants must register online to join the call, receiving a unique ID and dial-in details. An archived version of the call will be available until March 18, 2022. Chindata Group specializes in carrier-neutral hyperscale data center solutions across Asia-Pacific, focusing on infrastructure lifecycle from planning to operation.
Chindata Group (Nasdaq: CD) announced a transition agreement with Mr. Jing Ju, who has stepped down as CEO to assume the role of non-executive vice chairman and strategy committee member for up to 18 months. Key points include the termination of Mr. Ju's voting proxy and the conversion of 4,958,769 Class B shares to Class A shares. The company emphasizes its position as a leading hyperscale data center solution provider in Asia-Pacific, focusing on facility planning, investment, and IT ecosystem infrastructure.
Chindata Group Holdings Limited (Nasdaq: CD) announced a special conference call on December 7, 2021, at 8:00 A.M. EST to discuss a leadership change. Participants must register online to receive call details, including a unique ID and dial-in numbers. The call will also be available as a replay until December 15, 2021. Chindata Group provides carrier-neutral hyperscale data center solutions across Asia-Pacific, focusing on facility planning, investment, design, and operation in emerging markets.
Chindata Group Holdings Limited (Nasdaq: CD) announced the departure of CEO Jing Ju effective immediately. Mr. Fei Xu will serve as interim CEO while a search for a permanent replacement begins. The Board expressed gratitude for Mr. Ju's contributions but did not specify reasons for the leadership change. The company remains focused on providing innovative data center solutions across Asia-Pacific. Chindata operates two brands, with a strong presence in key economic areas of China, India, and Southeast Asia.
Chindata Group Holdings Limited (Nasdaq: CD) reported a strong financial performance for Q3 2021, with total revenues rising by 58.5% year-over-year to RMB740.8 million. Net income reached RMB78.4 million, marking a net margin of 10.6%. Adjusted EBITDA also saw significant growth, increasing 61.6% to RMB368.4 million and a margin of 49.7%. The company is expanding its client base and overseas operations, launching projects in Malaysia and Thailand, and securing a 27MW capacity deal with a leading cloud provider in China.
Chindata Group (NASDAQ: CD) participated in the Make Climate Action Everyone's Business Forum at COP26, sharing its zero-carbon initiatives for digital infrastructure in Asia-Pacific. Zoe Zhuang, the company’s VP, outlined their roadmap for carbon neutrality, encompassing carbon offsetting, sustainable supply chains, and clean energy collaboration. Notably, Chindata Group accounted for just 0.014% of China's power consumption in 2020, setting best practices for the Asia-Pacific digital economy. The forum gathered over 10,000 participants globally to address climate change and promote rapid decarbonization efforts.
Chindata Group (Nasdaq: CD) will release its unaudited third quarter 2021 financial results on November 24, 2021, before market opening. A conference call is scheduled for 7:00 A.M. EST on the same day to discuss these results. Participants must register online to obtain details for access. Chindata Group is a leading carrier-neutral hyperscale data center provider in Asia-Pacific, focusing on lifecycle management of IT infrastructure. The company operates under two sub-brands, Chindata and Bridge Data Centres, with a presence in key economic areas.
On October 28, 2021, Alex Ju, CEO of Chindata Group (NASDAQ: CD), engaged in a strategic dialogue with Helen Clarkson, CEO of the Climate Group, focusing on the vital role of digital infrastructure in global growth and carbon emission reduction. Chindata Group was acknowledged for joining the RE100 initiative and its commitment to zero-carbon computing. Mr. Ju outlined progress in carbon neutrality and green power initiatives, such as procuring 540.2 million kWh of green power, reducing approximately 509,000 metric tons of CO2. The partnership aims to enhance technological innovation and sustainable energy solutions in Asia-Pacific markets.
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On September 22, 2021, Chindata Group joined the RE100 initiative, pledging to achieve 100% renewable energy for its global data centers by 2040. This milestone coincides with China's commitment to peak emissions by 2030 and attain carbon neutrality by 2060. The company aims for net zero carbon emissions through innovative green power consumption solutions and is aligned with the UN's Sustainable Development Goals. CEO Alex Ju will judge the RE100 Leadership Awards, highlighting efforts in renewable electricity transition.