What changed
Ulanqab aims to be China's "Token Capital" as one of the EDWC hubs benefiting from low avg temp, abundant renewable resource (< $50/MWh) & available land.
By end of 2025, it signed 81 AIDC project for > 500B RMB investment. Some major customers are HW, Alibaba, Kuaishou, VNet, CICC, GDS, Envision & DeepSeek. — via @tphuang