HARMONY MAINLAND

IDC Data Center, Suzhou (Phase 1 was delivered and put into use in 2022; Phase 2 is under construction)

 

  • Acquired the land in 2021 and subsequently completed the transaction (offshore company structure, transaction amount: USD 30 million, gross profit: USD 25 million).
  • IDC, Data Center, Suzhou, China.
  • Invested USD 5 million for land and electricity acquisition.
  • Sold the land project in 2021 after the acquisition (offshore company structure, sold for USD 30 million, gross profit: USD 25 million).