Nanxiang Cloud Services Data Center, Jointly Established by Neo Telemedia’s Guangzhou Nowtop and Huade Industrial Ltd, Officially Opens its Doors

HONG KONG, Aug 8, 2017 – (ACN Newswire) – Guangzhou
(Nanxiang) Cloud Services Data Center (“Nanxiang Data Center”),
established by Guangzhou Nowtop Technology Co Ltd (“Guangzhou
Nowtop”), a wholly-owned subsidiary of Neo Telemedia Ltd (“Neo
Telemedia”, HKE:8167), and Guangzhou Huade Industrial Ltd
(“Huade”), held its grand opening ceremony in July 2017 and began a
new chapter in the development of the modern data center with big data at its
core.Nanxiang Data Center, the first self-financing
and self-operating project in China, was jointly invested by Huade and
Guangzhou Nowtop, and occupies a total constructed floor area of 12,400 sq.m.
housing 3,000 cabinets. The Center will roll-out in two construction phases.
Phase One proposes a total constructed floor area of 6,600 sq.m. with 1,200
cabinets and 1,000 sq.m. for customer requirements, starting operations at the
end of 2017. Phase Two entails a further 6,000 sq.m. and 1,500 cabinets, with
construction starting in the second half of 2018. Nanxiang Data Center aims to
provide high-speed internet and secure data center services, along with
disaster recovery services for customers whose occupancy rate should reach 70%
by the end of 2018.

Nanxiang Data Center is also one of the first
data centers in Southern China to adopt natural cooling technology. This
technology will enable Nanxiang Data Center to save up to 30% in energy
compared with traditional data centers, thus helping the community to reduce
energy consumption and mitigate pollution as well as enhance operational
efficiencies. It also helps improve the Group’s competitiveness in serving
high-end IDC customers in Guangdong and enhances the Center’s ability to secure
higher revenue.

With cloud computing maturing in Mainland China
in recent years, the country has included infrastructure planning, such as IDC,
in it’s six major missions and a policy base for integrating the development of
cloud computing and IDC has been laid down. The IDC market in Guangdong is
currently growing rapidly and the Nanxiang Data Center is another mature IDC
project operated by the Group, a swift response to the changing market.

As one of the leading big data infrastructure
service providers, Guangzhou Nowtop boasts a solid business foundation, and an
experienced and professional technical team, a quality customer base and
connections with major operators, which combined can boost the development of
Nanxiang Data Center. The Group believes that with the application of cloud
computing on the rise, Nanxiang Data Center will generate new business and
profit growth drivers that further strengthen its presence in the big data
industry chain and generate satisfactory returns for its shareholders.

About Neo Telemedia Ltd (HKE:8167)

Neo Telemedia Ltd and its subsidiaries form a telecommunications
group focusing on the Internet of things and big data. The Group was included
as a constituent stock in MSCI Hong Kong Small Cap Index with effect from
December 2016. In early 2015, the Group signed several agreements to explore
various opportunities in WiFi access services and cloud computing application
and cross-border e-commerce businesses in the PRC. Avatar Wealth and Bees
Financial offer Internet finance platform business services, while Shenzhou
Aerospace Manufacturing Technology (Guangdong) Institute, jointly established
by the Neo Telemedia Group, Shenzhou Aerospace Software Limited and Foshan
Chancheng District People’s Government, was registered as a non-profit
organization at the Department of Civil Affairs of Guangdong Province on 23
October 2015. At the end of 2015, Neo Telemedia completed a public offering and
raised HK$1.1 billion to be invested in data centers run by Guangdong Bluesea
Mobile Development Co., Ltd., including the Zhuxishugu project in Jiangmen.
Visit us atwww.neo-telemedia.com/engmain.