China Securities Network News (Wang Luo) Recently, Meiliyun disclosed the 2023 annual performance forecast, the announcement shows that due to the year-on-year increase in the operating profit of the cloud business and the paper business, the company's net profit attributable to shareholders of listed companies in 2023 has decreased significantly year-on-year.
Meiliyun is mainly engaged in papermaking, data center and photovoltaic business, of which the data center business has ushered in rapid development with the support of policies such as "Eastern Data and Western Computing", which has promoted the company's performance to continue to improve.
Meiliyun first officially entered the cloud computing industry in 2016, and invested in the construction of a data center project in Ningxia Zhongwei, which covers a total area of 600 acres, with a total construction area of about 200,000 square meters, and plans to build 10 data center computer rooms, which can accommodate more than 20,000 high-density cabinets and 300,000-400,000 servers. After years of steady development, three computer rooms have been built and put into use.
While the scale continues to expand, Meiliyun attaches great importance to cost control. Advanced free cooling, wet film humidification and other technologies are used to effectively reduce the power consumption of data centers and improve energy efficiency. Judging from the company's financial data in recent years, the gross profit margin has increased from 1841% rose to 31 in 202289%, and the profitability of cloud business is increasing year by year.
At the same time of development, Meiliyun actively responds to relevant policies and continues to promote the company's green and low-carbon development. Relying on the unique geographical environment, its data center effectively controls energy consumption through internal potential mining and technological innovation, making the PUE management and control level at the industry-leading level, and greatly reducing carbon dioxide emissions. In September 2023, Murray Cloud Data Center won the DC-Tech Low Carbon Rating (Carbon Neutrality) 4A Honorary Evaluation, and in October, it won the "Excellent Data Center - Advanced Green Operation and Maintenance Award". In December of the same year, the "C1 Building of Meiliyun Zhongwei Data Center" project won the "2023 China IDC Industry Green Computing Center Award".
Data center is the "base" of the digital economy, and the application of new technologies related to the data economy of large-scale use, storage and computing of data will effectively promote the development of the data center industry. According to the data of "Cloud Computing *** 2023" released by the China Academy of Information and Communications Technology, in 2022, the scale of China's cloud computing market will reach 455 billion yuan, an increase of 40% over 202191%, compared with the global growth rate of 19%, China's cloud computing market is still in a period of rapid development, and it is expected that the overall market size of China's cloud computing will exceed one trillion yuan in 2025.
Under the blue ocean of the market, Meiliyun continues to develop its business and has successfully cooperated with many well-known enterprises, such as Meituan, China Telecom, and e Cloud. According to the data of Meiliyun's 2022 annual report, the company has obtained a total of 15 authorized patents related to cloud computing and data centers, including 8 utility model patents and 7 registered software copyrights. In addition, one invention is under review.
Meiliyun said that in the future, it will further face the multi-faceted challenges of data center construction in the new era, continuously expand the scale of data centers on the basis of green development, improve the management level of computer rooms and the quality of operation and maintenance services, maintain a first-mover advantage, and support the in-depth development of the digital economy.