In a recent announcement, Co-create Data revealed its strategic intent to bolster its operational infrastructure by procuring servers from a diverse range of suppliers and entering into contracts. The total financial outlay for this initiative is projected not to surpass 9 billion yuan, with the primary objective of elevating the cloud computing services offered to its clientele. As of the conclusion of June 2025, the company's financial reserves, encompassing cash and cash equivalents, stood at 1.534 billion yuan—a sum that falls short of the requisite funds for the impending transaction. Consequently, Co-create Data has outlined plans to secure an additional credit facility, with the ceiling set at no more than 4 billion yuan. This move follows a series of prior server acquisitions undertaken by the company in March, May, and August, with expenditures amounting to 3 billion yuan, 4 billion yuan, and 1.2 billion yuan, respectively. Factoring in this latest procurement, the cumulative investment for the year soars to 12.2 billion yuan.
