Range Technology (300442.SZ) , a Chinese data center service provider, is considering a Hong Kong IPO and is currently in preliminary discussions with potential advisors, Chinese media reported. It is understood that the share sale plan is still in the early stages.

Listed on the Shenzhen Stock Exchange, Range Technology currently has a market cap of RMB74.7 billion. It was originally a packaging company, but then it transitioned into the data center sector. Its main business now includes the investment, construction, and operation of intelligent computing power and computing power infrastructure. Companies like ByteDance are also among its clients.
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