Paper & Paper Products Industry | Basic Materials Sector | - CEO | XSHE Exchange | CNE000000W54 ISIN |
China Country | 1,069 Employees | - Last Dividend | 4 Jun 2010 Last Split | - IPO Date |
MCC Meili Cloud Computing Industry Investment Co., Ltd, originally established in 1998 and previously known as MCC Meili Paper Co., Ltd, transitioned to its current name in July 2016. Positioned in Zhongwei, China, the company has diversified its operations from primarily producing and selling paper products into the realm of cloud computing and solar power generation. It reflects a significant transformation in its business model, aiming to cater to the evolving needs of large Internet enterprises, governmental entities, enterprises, and telecom operators alongside continuing its traditional paper manufacturing business.
The company's paper segment includes cultural and colored papers designed for various uses. This range encompasses colored cultural paper and colored packaging paper targeted at the packaging industry. Furthermore, it produces chemical paper like offset paper and electrostatic copy paper, intended for printing educational materials, books, and office-use papers. Additionally, its offerings comprise color offset paper, color copy paper, color card, and pearlescent paper, catering to the needs of office use, printing, handicrafts, and premium packaging applications.
MCC Meili Cloud Computing Industry Investment Co., Ltd has expanded into data center operations, offering a suite of services that include rack rental and operational maintenance, network access, and rack operation. These services are tailored to meet the requirements of large Internet companies, government agencies, other enterprises, and telecom operators, underlining the company's strategic pivot towards information technology and cloud computing industries.
The company also ventures into the renewable energy sector, operating a 50MWp photovoltaic project. This initiative underscores their commitment to sustainable energy, involving the generation and sale of solar power products. The project demonstrates a strategic move towards environmentally friendly energy solutions, aligning with global trends of renewable energy adoption and sustainability.