萬國數據(下稱「公司」)是第三方數據中心運營商和服務商，主要爲客戶提供數據中心、托管及管理服務。數據中心分布於國內核心經濟地區，規模大，電力供應充沛、密度高且高效，公司目前是國內領先的高性能數據中心和IT 基礎設施服務的提供商之一。
備有豐富的土地儲備 享有資產型護城河
IDC行業屬於重資產行業，規模越大可享有較低的融資成本及規模經濟。根據艾瑞諮詢的數據，按收入計，公司是2019年中國最大的第三方數據中心服務提供商，市場份額為21.9%。截至2020年6月30日，公司約98%的自主開發數據中心位於一線市場，如上海、北京、深圳、廣州、香港等等。因為這些地區互聯網用戶密度最大，有很高比例的數據和應用程序屬高關鍵性和時延敏感，為了滿足他們於金融、工業、商業、通信等需求，公司將數據中心設在靠近主要客戶的地區。這讓公司更有能力把握大企業的合約。豐富的土地儲備都為公司的可持續發展打下堅實基礎，這讓公司更有能力把握大企業的合約，漸漸為公司提供了穩固的護城河。
核心業務持續受惠雲計算發展 公司成長具確定性
中國是全球最大、發展最快的數字經濟體之一。中國正在大力發展雲計算、5G、人工智能、大數據、機器學習、區塊鏈、物聯網、AR和VR、電子支付和數字貨幣等新技術，預計創建、傳輸、處理和存儲的數據量將以倍數增加，而來自雲服務的客戶佔公司總簽約面積最大(截至2020年6月30日為71.8%)。根據艾瑞諮詢的數據，2019年中國雲計算市場規模為人民幣1,490億元，預計將以34.1%的複合年增長率增加，至2024年達到人民幣6,452億元。而雲計算是公司主要的收入主要來源，雲廠商對於數據安全要求極高，所以合作關係穩定，合同期一般為6-10年，我們預計公司將直接受惠雲計算高速發展大勢。
國內具領先技術的IDC
數據中心托管業務要求運營商有足够的功率密度，而萬國數據的數據中心是大規模、高度可靠和高效率的設施，提供了一個靈活、模塊化和安全的運行環境，為他們客戶的計算機系統和網絡設備提供存放、電力和製冷服務以支持他們的IT基礎設施。通過裝設高電力密度和優化PUE，公司的客戶能夠更有效地部署其IT系統，並降低其運營和資金成本。另外，萬國數據的管理團隊都在IT服務行業擁有深厚的知識和專業技能，其技術水平一直受到業界肯定，多年贏得各大機構頒發的獎項。
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陳柏嘉先生本科畢業於香港浸會大學工商管理學(應用經濟系)。陳先生曾於「四大」會計師事務所擔任審計員及於香港某基金公司擔任買方分析員，擅長財務分析及基本面分析。陳先生現為輝立証券持牌分析師，主要覆蓋通信以及科技硬件行業。 Parker Chan holds Bachelor’s Degree in Business Administration (Applied Economics) from Hong Kong Baptist University. Before joining Phillip Securities , Parker worked at one of the “Big Four” accounting firm as an auditor and worked as a buy-side analyst in a fund house in Hong Kong. He is familiar with financial and fundamental analysis. Parker is now a licensed research analyst at Phillip Securities and covers telecommunication / technology hardware sectors.
