HK Stock Market Move | CH ENERGY ENG (03996) rose more than 7%, marking its first entry into the government work report on energy collaboration, with the company deeply involved in the construction of "East Code West Calculation".

CH ENERGY ENG (03996) rose by more than 7%, up by 7.04% at the time of publication, at 1.52 Hong Kong dollars, with a turnover of 1.028 billion Hong Kong dollars. On the news front, the government work report of the two sessions mentioned algorithm-electricity synergy and green fuels for the first time, implementing new infrastructure projects such as super-large scale smart computing clusters and algorithm-electricity synergy, strengthening national integrated computing power monitoring and dispatch. Guotai Haitong pointed out that China Energy Engineering Corporation focuses on "AI+energy and power" and "AI+industrial integration" systems, actively leveraging the company's advantages in "digital energy integration" and "algorithm-electricity synergy", and deeply participating in the construction of the national "East Digital West Algorithm" eight major node area computing power hub centers. The report pointed out that China Energy Engineering Corporation has invested or laid out data center projects in multiple hub nodes in Gansu Qingyang, Ningxia Zhongwei, Anhui Wuhu, Guangdong Shaoguan, Shanxi Datong, Beijing Economic Development Zone, etc., with a total investment of approximately 4.1 billion yuan for the demonstration project of the integrated smart zero-carbon big data center park in Gansu Qingyang "East Digital West Algorithm" (including computing power investment, excluding supporting new energy investment).