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China Report ASEAN: Lighting Up Lives

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BEIJING, Dec. 27, 2024 /PRNewswire/ — A news report from China Report ASEAN:

Any time of the year, Hami, a city in northwest China’s Xinjiang Uygur Autonomous Region, is memorable for its unique food and stunning landscapes set against the majestic Tianshan Mountains. However, September’s significant temperature drops once the sharp rays of sunset beneath the Gobi Desert make Hami an even more fascinating seasonal destination.

The renowned sun-drenched scenery is ideal for renewable energy projects such as wind, solar, and hydrogen power. The region also hosts one of China’s two supercomputers, which requires significant energy.

A key city in Xinjiang, Hami has attracted substantial investment in renewable energy. Though not a typical tourist destination, Hami now symbolizes Xinjiang’s expanding new-energy sector. Its strategic position between the Gobi Desert and the Tianshan Mountains creates a natural wind corridor that produces consistent, high-speed winds perfect for turbines. Wind turbines and solar panels can be found all over Hami’s landscapes.

Hami has utilized its vast land and favorable wind conditions to develop large-scale wind and solar projects, contributing 10 GW to Xinjiang’s total 70 GW renewable energy capacity. On August 25, 2024, Hami’s Vice Mayor Li Jianyong highlighted the city’s role in China’s renewable energy efforts. “Hami is one of the best regions in China for wind and solar energy,” he declared.

Baili Wind Zone

In a treeless desert, the turbines of Baili Wind Zone look like a forest.

Baili Wind Zone, also known as the Hundred Mile Wind Zone, is a prominent project in Hami. The 231-square-kilometer project is the result of a wind-storage integration initiative introduced because 66.3 percent of Xinjiang’s wind resources are located in Hami. The project is expected to generate 3 billion kilowatt-hours of electricity annually, equivalent to the energy use of 900,000 tons of standard coal, reducing carbon dioxide emissions by about 2.8 million tons.

The Shisanjianfang wind-storage power station, located at the heart of Baili Wind Zone, is Xinjiang’s largest integrated wind-storage project. Developed by China State Shipbuilding Corporation Wind Power Development Co., Ltd. and Hami State Investment, it is a benchmark for high-quality new energy development and the first cross-city new energy project in Xinjiang.

SANY Wind Equipment Manufacturing

One of China’s largest companies, SANY is investing big in renewable energy.

SANY Renewable Energy’s Large Megawatt Intelligent Wind Equipment Manufacturing Industrial Park, located in Balikun County of Hami, is a major facility for producing large megawatt wind turbines and ultra-long blades. Spanning 675 acres and with nearly 1 billion yuan (US$141.73 million) invested, the park includes a factory and office building. As of July 2024, construction was complete, and trial production had begun.

The park produces onshore wind turbines over 10 MW and blades longer than 110 meters every year. It plans to manufacture 400 turbines and 1,200 blades annually to support the “Xinjiang Power to Chongqing” initiative. The park focuses on automation, intelligent manufacturing, and digital management, aiming to become SANY Renewable Energy’s leading “zero-carbon industrial park” known for quality, efficiency, cost-effectiveness, and environmentally friendly operations.

World’s First UHVDC Transmission Project

Hami is home to the world’s first ultra-high voltage direct current (UHVDC) transmission project, the ±800 kV Southern Hami-Zhengzhou UHVDC Transmission Project. This project, part of China’s strategy to transmit electricity from Xinjiang to central China, extends 2,192 kilometers from the Tianshan Converter Station in Xinjiang through Gansu Province, Ningxia Hui Autonomous Region, Shaanxi Province, Shanxi Province, and Henan Province, ending at the Zhongzhou Converter Station in Zhengzhou, provincial capital of Henan. With a rated voltage of ±800 kV, a DC of 5,000 A, and a transmission capacity of 8,000 MW, it delivers 50 billion kWh annually—equivalent to 23 million tons of coal—while funneling 100 billion yuan (US$14.17 billion) of investment to Xinjiang. Approved in May 2011, construction began in May 2012, and structures became operational on January 27, 2014. The Tianshan Converter Station features over 80 percent localized equipment including advanced Chinese-developed thyristors and transformers.

In 2023, Hami launched the Hami-Chongqing ±800 kV UHVDC Transmission Project for both its coal and renewable energy resources, with new energy accounting for 71.83 percent of the planned 14.2 million kilowatts. The project aims to boost Xinjiang’s power transmission capacity, support regional economic growth, and enhance national energy security.

The Tianshan Converter Station, located in Nanhu Township, Yizhou District, Hami City, covers 519.1 acres and is equipped with advanced technology. Xinjiang’s significant coal, solar, and wind energy resources make it a crucial energy hub.

Green Computing Power

Hami is also home to a museum showcasing China’s supercomputer and its applications. Placing the supercomputer in a major energy base like Hami made sense because it consumes so much energy. Given the high electricity demands of data centers, China is incorporating green energy into its computing infrastructure, with western regions leveraging renewable resources to build large data centers.

With 65.8 percent of its 25.98-million-kilowatt power capacity generated from renewables, Hami is an ideal green energy hub. The city’s coal chemical industry helps regulate peak new energy usage, reducing costs.

The Hami Integrated Computing Center, completed with a 97 million yuan (US$13.75 million) investment, features intelligent, supercomputing, and general computing capabilities. It includes eight intelligent computing servers, 80 supercomputing nodes, and 100 general computing servers to deliver about 150 PFLOPS of power. The center is now serving sectors like healthcare, wind power, and the metaverse and plans to explore quantum computing and further applications with institutions like the Chinese Academy of Sciences and Tsinghua University.

High Quality Development

A few other advanced technology industries in Hami provide support to the renewable energy sector while also delivering important products to the country.

With an investment of 4 billion yuan (US$567 million), Qingdian Silicon Industry Co., Ltd. produces monocrystalline silicon rods and slices, contributing to Hami’s development of a complete silicon photovoltaic industry chain. The company’s facilities will support the growing solar energy sector in Hami.

Xinjiang Xiangsheng New Materials Technology Co., Ltd. was the first in China to cover the entire titanium industry chain from ore extraction to final products. The company, with an annual production capacity of 20,000 tons, aims to become a global leader in titanium production and meet Hami’s ambition to become a major titanium industry hub.

Hami is advancing its hydrogen energy industry with significant investments in hydrogen production, storage, and refueling infrastructure. The city plans to deploy 500 hydrogen fuel vehicles and 15 refueling stations by the end of 2024 to become a leading base for hydrogen energy and transportation. Guanghui Energy Co., Ltd. is investing 150 million yuan (US$21 million) to develop a hydrogen production, storage, and refueling station. The project features a 6 MW wind and solar power setup and a 2-ton per day hydrogen station to support 10 hydrogen trucks transporting coal.

Hami is emerging as a major player in China’s renewable energy landscape. Leveraging its natural resources and strategic investments in wind, solar, and hydrogen technologies, the city is setting benchmarks for energy production and sustainability. As it continues to expand its renewable energy projects and infrastructure, Hami is not only contributing to China’s energy goals but also shaping the future of green technology.

View original content:https://www.prnewswire.com/apac/news-releases/china-report-asean-lighting-up-lives-302339509.html

SOURCE China Report ASEAN

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VNET Announces Changes to Leadership Team

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BEIJING, April 20, 2026 /PRNewswire/ — VNET Group, Inc. (Nasdaq: VNET) (“VNET” or the “Company”), today announced that Mr. Qiyu Wang has resigned from his position as VNET’s Chief Financial Officer for personal reasons, effective April 30, 2026. Mr. Wang’s resignation is not due to any disagreement with the Company, nor does it relate to the Company’s operations, policies, practices, accounting matters, or procedures.

Mr. Josh Sheng Chen, Founder, Executive Chairperson and Interim Chief Executive Officer of VNET, commented, “On behalf of the Company, I would like to thank Qiyu for his contributions during his tenure. His financial discipline and strategic insight have been instrumental to the Company’s growth. We wish him every success in his future endeavors.”

In February 2026, the Company announced the appointment of Mr. Peter Zhihua Zhang as Senior Vice President, Operational Finance of VNET, to oversee the Company’s financial operations and to serve as the Company’s “principal accounting officer” in accordance with applicable U.S. federal securities laws, SEC rules, and Nasdaq requirements. Since joining VNET in 2019, Mr. Zhang has demonstrated extensive expertise in multiple key roles within the Company’s finance operations.

About VNET

VNET Group, Inc. is a leading carrier- and cloud-neutral internet data center services provider in China. VNET provides hosting and related services, including IDC services, cloud services, and business VPN services to improve the reliability, security, and speed of its customers’ internet infrastructure. Customers may locate their servers and equipment in VNET’s data centers and connect to China’s internet backbone. VNET operates in more than 30 cities throughout China, servicing a diversified and loyal base of over 7,000 hosting and related enterprise customers that span numerous industries ranging from internet companies to government entities and blue-chip enterprises to small- to mid-sized enterprises.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “target,” “believes,” “estimates” and similar statements. Among other things, quotations from management in this announcement as well as VNET’s strategic and operational plans contain forward-looking statements. VNET may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about VNET’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: VNET’s goals and strategies; VNET’s liquidity conditions; VNET’s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, VNET’s services; VNET’s expectations regarding keeping and strengthening its relationships with customers; VNET’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where VNET provides solutions and services. Further information regarding these and other risks is included in VNET’s reports filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and VNET undertakes no duty to update such information, except as required under applicable law.

Investor Relations Contact:

Xinyuan Liu
Tel: +86 10 8456 2121
Email: ir@vnet.com

View original content:https://www.prnewswire.com/news-releases/vnet-announces-changes-to-leadership-team-302747154.html

SOURCE VNET Group, Inc.

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Steven Rivera Appointed Chief Revenue Officer of NRI North America

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NEW YORK, April 20, 2026 /PRNewswire/ — Nomura Research Institute (NRI), a leading global provider of consulting and technology services, today announced that Steven Rivera has been appointed Chief Revenue Officer (CRO) for North America.

In this role, Rivera will oversee revenue-related functions across the region, including sales, marketing, demand generation, strategic partnerships, and client engagement.

Rivera brings more than 26 years of experience to the role, having held sales and marketing leadership positions within the cybersecurity, managed services, and consulting sectors. Over the course of his career, he has led the development of integrated go-to-market strategies and supported organizations in strengthening client relationships and operational alignment.

Prior to joining NRI, Rivera served as Chief Revenue Officer at Logically, where he was responsible for coordinating revenue functions across sales, marketing, client support, and pricing. His work focused on improving organizational alignment and supporting consistent business performance.

“Steven’s experience across revenue leadership and his background in cybersecurity and consulting are well-aligned with our priorities in North America,” said Toshi Oiwa, Chief Executive Officer of NRI North America. “We believe his perspective will contribute to the steady advancement of our regional capabilities and support our efforts to further deepen relationships with our clients over the long term.”

Rivera’s areas of expertise include enterprise sales leadership, revenue operations, cloud and cybersecurity solutions, and financial planning. He also brings experience in security consulting, risk analysis, program management, and governance, risk & compliance (GRC).

About NRI

In North America, NRI is a business and technology solutions consultancy. Guiding our clients from insight to execution, we design and deliver solutions that fuel growth, grow profitability, and result in lasting innovation. NRI has more than 16,000 employees in 16 countries and regions including New York, London, Tokyo, Hong Kong, Singapore, and Australia. NRI reports annual sales above US $4.8 billion and is rated “A” by S&P Global Ratings Japan. Learn more at www.nri-na.com

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SOURCE NRI

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Ionic Digital Announces March 2026 Mining and Operations Update

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AUSTIN, Texas, April 20, 2026 /PRNewswire/ — Ionic Digital Inc. (“Ionic Digital” or the “Company”), a digital infrastructure company supporting the expanding needs of AI and high-performance computing, today issued its unaudited Mining and Operations Update for March 2026.

In March, Ionic Digital mined 28.05 Bitcoin (“BTC”), a decrease of 14.9% compared to the prior month. The Company’s site production varied in line with strategic adjustments, following fleet consolidation.

The decline in production was driven by a 19.4% decrease in average hashrate and a 6.8% reduction in network block production, partially offset by a 3.3% decline in the global hashrate. Ionic’s share of the global hashrate declined 16.6% month-over-month to 0.21%, reflecting a sharper reduction in company output relative to the total network.

At our four Midland sites, production was 24.26 BTC, a 4.7% month-over-month increase, as the most efficient miners from the Oklahoma GXD facility came online at Midland. At GXD, production was 3.79 BTC, a planned decrease of 61.2% month-over-month due to continued de-racking and reduced operational contribution.

The daily average hashrate was 2.04 EH/s, down 19.4% compared to the prior month, due to the discontinuation of the GXD hosting contract and removal of miners (-62.5%), while Midland remained relatively stable (-1.2%).

Ionic Digital continues to maintain its zero-debt position and liquidated no BTC in March. As of March 31, 2026, the Company held 2,815.6 BTC, an increase of approximately 28.2 BTC over the prior month.

Key Mining and Operating Metrics Summary

Metric

March 2026

Capacity (MW)1

112.0

Efficiency (J/THs)2

29.1

Daily Average Hashrate (EH/s)3

2.04

BTC Mined4

28.05

Average BTC Mined/Day5

0.90

BTC Sold

0.0

BTC Holdings6

2,815.6

Total current energy available at the four Midland sites, representing a change in previous reporting.
Previous reporting only measured total current capacity for mining activities available at hosted and directly
owned sites.Represents the capabilities of active miners during the reporting period.The reported hashrate is derived from internal performance data. Hashrate values reflect miner downtime
and curtailment.Gross BTC mined of 28.05 BTC. No hosting fees were paid in BTC for March 2026.Average BTC/Day in the prior month was 1.18.BTC Holdings excludes 0.9 BTC earned but in transit as of month-end, a change of -0.2 BTC from prior
month. The BTC balance at the end of the prior month was 2,787.4 BTC.

About Ionic Digital 
Ionic Digital Inc. is a digital infrastructure company that develops strategic powered land assets for data centers, high-performance computing (HPC) and cryptocurrency mining. Learn more at www.ionicdigital.com or follow us on X and LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ionic-digital-announces-march-2026-mining-and-operations-update-302746771.html

SOURCE Ionic Digital Inc.

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