MCC Meili Cloud Computing Industry Investment Co., Ltd. Class A
SSZSE:00081513.81
CNY
-0.15
(-1.07%)
ISIN
CNE000000W54
Return %
Stock
S&P 500
1Y
14.04
13.14
3Y
18.64
80.78
5Y
126.39
67.74
Capital Structure
CNY
•
in mil. unless spec.Working Capital
CNY
•
in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Quarterly Revenue
CNY
•
in mil. unless spec.Quarterly Earnings Per Share
CNY
•
in mil. unless spec.Quarterly Dividends Per Share
CNY
•
in mil. unless spec.Company Description
- CEO
- Chang Shan You
- Full Time Employees
- 155
- Sector
- Producer manufacturing
- Industry
- Office equipment/Supplies
- Address
- Rouyuan Town Zhongwei NI China 755000
- IPO Date
- Jun 9, 1998
- Website
- china-meili.com
- Similar Companies
- Business
- MCC Meili Cloud Computing Industry Investment Co., Ltd. (000815.SZ) operates as a diversified enterprise primarily engaged in data center services and photovoltaic power generation in China. The company provides rack rental and operation, network access, and rack operation and maintenance services through its data center business for large Internet companies, government entities, enterprises, and telecom operators; operates a 50MWp photovoltaic project for solar power generation; and sells solar products. It previously manufactured cultural and colored papers, including colored cultural paper, colored packaging papers, offset paper, electrostatic copy paper, color offset paper, color copy paper, color card, and pearlescent paper for printing books, periodicals, teaching aids, office use, handicrafts, and high-end packaging, but has ceased paper production operations to focus on green low-carbon data center development. Founded in 1998 and headquartered in Zhongwei, Ningxia, China, the company changed its name from MCC Meili Paper Co., Ltd. in July 2016 and employs approximately 990 people, with operations centered in China. In recent developments, the company reports stable growth in its data center business, with B1, B3, and C3 projects completing construction as of mid-2025, alongside ongoing promotion of new data center initiatives and resource allocation to boost performance. It utilized non-public stock issuance proceeds totaling 206,946万元 as of June 30, 2025, including 125,639万元 for data center construction, 3,440万元 to supplement working capital, and 69,390万元 to repay debt to Beijing Xingchengwang, with investors such as Saibo Le Investment Group and others subscribing 120,000万元 for data center expansion via subsidiary Yun Chuang. The 2025 half-year report highlights a strategic shift away from paper business revenue decline due to subsidiary closures, with first-half revenue falling 64.73% to 174,134,976.68元, while in-construction engineering assets rose 0.61% to support data center scaling. A court accepted a bankruptcy liquidation application for a major shareholder in September 2025, prompting board and shareholder resolutions including the 31st and 34th meetings to address operational continuity.