HK Stock Market Move | CENTRAL NEW EGY (01735) rises over 8% again as AI computing power business revenue surges; the company is moving toward a "new energy + AI + computing power" compound growth model.
Central New Energy (01735) rose over 8% in morning trading, with a cumulative gain of over 30% this week. As of press time, it was up 8.22% at HK$10.8, with a turnover of HK$73.8635 million.
CENTRAL NEW EGY (01735) rose over 8% in early trading, with a cumulative gain of over 30% this week. As of press time, it was up 8.22% at HK$10.8, with a turnover of HK$73.8635 million.
On the news front, CENTRAL NEW EGY's interim results show that in the first half of the year, the company achieved revenue of approximately HK$6.33 billion, a year-on-year increase of 56.3%; gross profit of approximately RMB130 million, a year-on-year increase of 50.0%. During the period, revenue from CENTRAL NEW EGY's second growth curve, the AI computing power business, surged to RMB1.047 billion, accounting for nearly 20% of revenue. This marks that the company's growth logic is evolving from being primarily driven by photovoltaic manufacturing to a compound growth model of "new energy + AI + computing power."
Yu Zhuyun, Chairman of the Board of CENTRAL NEW EGY Holding Group, said in a recent interview that according to the "AI five-layer cake" theory, CENTRAL NEW EGY can enter three of the five layers. Yu Zhuyun judged that energy is its own; it will not manufacture GPUs itself but will seek cooperation with leading domestic enterprises; it will build its own computing power centers, but scale must be adapted to local conditions. Zhonghuan hopes to establish edge computing power centers closer to users to empower urban applications.
Related Articles

GEELY AUTO (00175) issues 5,000 shares upon exercise of share options.

MNSO (09896) repurchased approximately 92,400 shares for approximately US$206,200 on September 24.

Ganglong CHINAPROPERTIES (06968) contracted sales amount for the first 8 months was approximately RMB 904.5 million, a year-on-year decrease of 74.89%.
GEELY AUTO (00175) issues 5,000 shares upon exercise of share options.

MNSO (09896) repurchased approximately 92,400 shares for approximately US$206,200 on September 24.

Ganglong CHINAPROPERTIES (06968) contracted sales amount for the first 8 months was approximately RMB 904.5 million, a year-on-year decrease of 74.89%.






