Chindata Group Holdings Limited (“Chindata Group” or the “Company”) (Nasdaq: CD), a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, today announced that the board of directors of the Company has appointed Mr. Huapeng Wu to serve as director and the Chief Executive Officer (“CEO”) of the Company, effective immediately.
The Board of Directors notes: “After a thorough search process, the board decided to appoint Mr. Huapeng Wu as Chindata Group’s new CEO. Huapeng currently serves as President of Chindata China, and his performance in the past three years has been quite outstanding. He brought in a series of strategic customers and projects, and successfully established solid relationships with local government and our partners in the data center ecosystem. He is the best fit as the Group’s new CEO, as no one else has better strategic thinking, industry resources or understanding of the company and team than him.”
Jonathan Zhu, Director and Chairman of Nomination Committee of Chindata Group and Managing Director of Bain Capital, notes: “We are excited to have Huapeng as our new CEO. Huapeng has extensive experience and contacts in the data center ecosystem as well as the broader technology landscape. We are highly confident that under his leadership, Chindata Group’s business will be more diversified, its culture will be more open, its foundation will be more solid, so that Chindata Group can cement its position as the leading data center platform in Asia-Pacific emerging markets.”
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Since joining Chindata Group in 2019 as President of Chindata China business, Mr. Wu has been instrumental in driving our customer diversification and strategic resources acquisition, helping deliver strong operating results. Thanks to his 20+ years of experience and contacts within China’s technology and data center sectors, Mr. Wu has helped Chindata Group build a strong network of partnerships with our customers, telecom partners and various government bodies.
Before joining Chindata Group, Mr. Wu was the founder of iTechClub and founder and headmaster of the 1024 Academy, which are the preeminent platforms that helped bring together top technology executives for training and idea exchanges. From 2007 to 2013, Mr. Wu also served as Vice President of Phoenix New Media and CTO of Ifeng.com. Mr. Wu received Bachelor and Master Degree in Precision Instruments and Mechanics from Tsinghua University.
Mr. Huapeng Wu expressed his gratitude for the recognition and trust of the Board of Directors. As quoted Mr. Wu, “Chindata is confident in providing customers with superior services, providing employees with better opportunities, and creating more long period value for our shareholders.”
Under the leadership of our new CEO Mr. Huapeng Wu, Chindata Group will continue to focus on its core IDC business, in areas such as key computing nodes (under the China’s new “East Data West Computing” initiatives), overseas business development, and renewable energy development. Chindata Group will sharpen its focus on the needs of customers by continuously improving products and solutions, and strengthen its position as the leader of Asia’s hyperscale data centers.
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