MOODY'S CEO: THE DEMAND FOR 8 NBM LTA DATA CENTRES IS EXTREMELY HIGH

ON 6 AUGUST, AT THE PRESS CONFERENCE, AFTER THE UNITED STATES-EAST TIME THREE-WAY EXERCISE, THE MANAGEMENT OF THE COMPANY ANNOUNCED THAT THE COMPANY HAD ENTERED INTO A LONG-TERM NBM AGREEMENT WITH EIGHT DIVERSE CUSTOMERS COVERING DATA CENTRES AND PERIPHERAL TRACKS, WITH THE NBM AGREEMENT PROVIDING MORE THAN 50 PER CENT OF ITS TOTAL OUTPUT IN 2027 AND ABOUT TWO THIRDS IN 2028. THE COMPANY CEO PUT IT BLUNTLY: “IN THE PAST, WE COULD ONLY PREDICT DEMAND WITHIN THREE MONTHS, AND NOW, WITH MORE THAN FOUR YEARS OF LOCK-IN AND CLEAR PROFIT-MAKING MODELS, PROGRESS HAS EXCEEDED EXPECTATIONS FOR TOP GLOBAL TECHNOLOGY FIRMS... SOME OF THE LARGEST CLIENTS HAVE CONTRACTED ONLY ONE QUARTER, AND HAVE TAKEN THE INITIATIVE TO INCREASE FUTURE PROCUREMENT NEEDS, SUFFICIENT TO PROVE THAT THE CURRENT DEMAND ENVIRONMENT IS EXTREMELY ROBUST, ESPECIALLY IN THE DATA CENTRE ARENA.”