Unsolicited Pinky Plays

[pennypauly]

CCIHY.09x.12 OS 27 MILLY merging with BaishanCloud.


On September 3, 2020, ChinaCache Holding Ltd. (“ChinaCache” or the “Company”) announced that its Board of Directors approved the Letter of Intent (“LOI”) with BaishanCloud Technology Co., Limited (” BaishanCloud”). Subject to the terms and conditions, the Company is willing to sell all equity interests of ChinaCache Networks (UK) Limited and ChinaCache North America, Inc. (“Target Shares”) to BaishanCloud and BaishanCloud will purchase the Target Shares. After execution of this LOI, both parties shall proceed in good faith to complete the negotiation and execution of the definitive transaction documents as expeditiously as possible. Except for the provisions with regards to confidentiality, term of validity, no binding agreement, applicable law and arbitration, and miscellaneous, the LOI is not legally binding on the parties. Any conclusion of definitive transaction documents by the Company related to such transaction will be subject to the approval of the Board or other approval requirements, if applicable.”



BaishanCloud Has already begun placing there higher up employees on CCIHY board of directors!!


INFORMATION CONTAINED IN THIS FORM 6-K REPORT

ChinaCache International Holdings Ltd. (“ChinaCache” or the “Company”) today announced the appointment of new Chairman of Board of Directors (“the Board”) and new committee appointments.

The Board elected and appointed Ms. Qing Zhang to serve as the Company’s Chairman and the Chairman of Audit Committee, and Ms. Xuelian Chi as the Chairman of Compensation Committee and the Chairman of Nominating Committee.

Ms. Qing Zhang has professional experience in investment banking both in China and overseas financial market, solid strategic planning capability, outstanding marketing competence, broad client network and financial skills, international exposure through studying and working abroad, and currently serves as Manager Partner of SUNLAND CAPITAL (BEIJING) INVESTMENT LTD. Ms. Qing Zhang holds a Certified Public Accountant (CICPA).

Ms. Xuelian Chi is a Global HR Executive based in Silicon Valley USA with extensive leadership experiences contributing to organizational growth. Industry background ranges from high-tech fast-growth startups to publicly traded multinational corporations, investment firm, global online gaming, and digital marketing business. She is a graduate of Harvard Kennedy School Senior Executive Fellows, a graduate of Stanford Graduate School of Business Senior Executive Program and serves as Founder/ Principle HR Consultant of Thinking4Dev, Inc.



Founded in April 2015, BaishanCloud (Baishan) is a leading global cloud data service provider specializing in data life cycle management. With a strong emphasis on data interactions and exchanges, Baishan’s cloud product suite is comprised of cloud delivery, cloud edge security and cloud API management. Leveraging its loosely coupled cloud delivery network, Baishan's cloud delivery platform fulfills the data-transmission, data-security,and data-governance needs of Internet and enterprise customers.

Baishan has experienced rapid business growth since its inception and its innovative cloud products have gained considerable traction in the marketplace, both at home and overseas. Baishan's customer base has grown rapidly, making it a trusted and preferred provider of cloud data services. As of June 2018, Baishan has completed six rounds of private equity financing, raising a total of US$125 million.Total sales revenues in 2019 reached US$210 million.

Baishan now has offices in Beijing, Shanghai, Guangzhou, Seattle, and Shenzhen as well as R&D centers in Xiamen and Gui'an.

https://www.intl.baishancloud.com/about-us



BaishanCloud Honored as a China Top 100 Internet Company 2020
[Seattle – Nov 3, 2020] The "2020 China’s Top 100 Internet Companies " list is released this week after rounds of rigorous evaluations of leading internet companies in China. BaishanCloud (Baishan) is selected to join the rank for its continuous technology innovations, steady business growth, and strong corporate social responsibility.

The list, orchestrated by the China Internet Association and the Ministry of Industry and Information Technology, is recognized as the most authoritative and influential in the field. Published along with the list is a research report on the competitiveness of Chinese cloud service providers playing a critical role in the digital transformation of traditional industries in China. Some key observations include:
The combined revenue of the Top 100 internet companies hits a record high of 3.5 trillion yuan in 2020, a year-on-year increase of 28.2%.
Internet companies' innovation capacity continues to grow; the industry is seeing accelerated breakthroughs in core technologies such as 5G, artificial intelligence, cloud computing, and big data.
A strong macroeconomy provides a solid foundation for the internet industry; new business models and new jobs are being created.
Internet services’ application scenarios continue to diversify, building new advantages of the digital economy.
The consumer Internet industry becomes more specialized; the industry landscape is evolving quickly.
The business models and operating capabilities of leading internet companies are maturing quickly.
As a leading edge cloud service provider, Baishan is committed to delivering fast, reliable, and secure cloud data services globally. Leveraging its internationally distributed edge platform, Baishan offers a lineup of services under three major product categories -performance, security, and serverless engine, which include CDN, smart DNS, SD-WAN, content optimization, WAF, DDoS protection, zero trust security, SIEM@AI, API management, and application integration orchestration.

Committed to continuous innovations, Baishan has filed 560 IP patents and obtained over 100 invention patents since its inception in 2015. Now serving more than 1,000 corporate clients across a broad spectrum of industry verticals, Baishan has gained the recognition of various top global brands, including leading Internet companies, major SOEs, and MNCs. In the past 3 years, the company’s sales revenue has been growing at a high speed, registering a CAGR of 52.72%.

“The Top 100 Internet Companies enlisting is an important recognition of Baishan's achievements in the past 5 years. Going forward, Baishan will take its cloud services to the next level and continuously drive business value-add through its edge cloud platform,” said Tao Huo, founder and CEO of BaishanCloud, “Chinese Internet companies have demonstrated tremendous power in technological innovation and industrial
enablement. These companies will play an important role in creating new business models and empowering a highly digitalized, connected and intelligent world,” Huo continued.

About BaishanCloud:
[Founded in April 2015, BaishanCloud (Baishan) is a leading global cloud data service provider specializing in cross-border content delivery and edge security. With a strong emphasis on data interactions and exchanges, Baishan’s cloud product suite is comprised of cloud delivery, cloud edge security, and cloud API management.

Baishan now has offices in Beijing, Shanghai, Guangzhou, Seattle, and Shenzhen as well as R&D centers in Xiamen and Guian.]