HK Stock Market Move | ENVISION GREEN (01783) rises over 8%; AI computing capacity is accelerating its expansion, and the company's intelligent computing business annualized revenue is expected to reach RMB 2 billion.

ENVISION GREEN (01783) rose over 8%, up 7.69% as of press time, at HK$4.55, with a turnover of HK$36.6966 million. On the news front, on the evening of September 10, ENVISION GREEN announced that its indirectly wholly-owned subsidiary Youfu Cloud Computing will acquire over 100 high-performance servers from Shanghai Shunquan for a total consideration of RMB 380 million. Earlier last month, ENVISION GREEN had just announced that Youfu Cloud Computing would acquire over 400 high-performance servers from Shanghai Shunquan for a total consideration of RMB 1.2884 billion. Placing another order in just one month not only indicates strong customer demand for Youfu Cloud Computing, but also validates the efficient implementation of the "sales-based procurement" model, marking the accelerating expansion of Youfu Cloud Computing's computing capacity scale. ENVISION GREEN also disclosed that the company's intelligent computing business currently provides 1.5 megawatts of computing capacity to customers and has contracted to provide an additional 7.0 megawatts. The company expects the computing capacity it can provide to increase to 16.0 megawatts in the short term. Industry insiders predict that this 16-megawatt computing capacity could bring ENVISION GREEN nearly RMB 1 billion in intelligent computing business revenue in the second half of fiscal year 2027, equivalent to 40% of the company's total revenue of HK$2.462 billion in fiscal year 2026. Moreover, this 16 megawatts of computing capacity alone in the short term is expected to bring the company at least approximately RMB 2 billion in revenue in fiscal year 2028. If the company can continue to expand the scale of computing capacity it provides going forward, the intelligent computing business is expected to directly leap to become ENVISION GREEN's largest business next year.