HK Stock Market Move | CHONGQING M&E(02722) increases more than 5%, annual net profit attributable to shareholders jumps 76.9% year-on-year. The company is expected to benefit from the expansion of the diesel industry.

CHONGQING M&E (02722) rose more than 5%, reaching a 5.39% increase as of the time of writing, with a price of HKD 2.54, and a trading volume of HKD 20.64 million. On the news front, recently, CHONGQING M&E released its annual performance for the year ending December 31, 2025. The group achieved a total operating income of RMB 10.44 billion, a year-on-year increase of 11.87%; net profit attributable to the owners of the parent company was RMB 764 million, an increase of 76.9% year-on-year; earnings per share were RMB 0.21. Zheshang previously pointed out that the trend of self-built power stations in North American data centers, the explosive demand for diverse power generation solutions, and the continuous surge in computing power demand driven by global AI development exceeding expectations, have led to major North American tech giants significantly increasing their capital expenditure for 2026. The construction of AIDC is entering a high-speed development period. However, the US power grid is facing the triple dilemma of aging infrastructure, long grid connection cycles, and large power deficits. In addition, with the policy direction of President Trump requiring tech giants to build their own power stations, the main power source for AIDC in the US is transitioning from relying on the public grid to self-built power stations. Demand for on-site power generation solutions such as gas turbines, aviation modified fuels, internal combustion engines, and solid oxide fuel cells is surging. As a core backup power source, diesel generators are also benefiting from the industry expansion simultaneously.