HK Stock Market Move | CENTRAL NEW EGY(01735) rises over 5% again; company plans to rename itself "Central Smart Computing," strategically focusing on the AI smart computing track.
Central New Energy (01735) rose over 5% again, with a cumulative gain of nearly 50% over the past seven trading days. As of press time, it was up 4.96%, at HK$12.28, with a turnover of HK$104 million.
CENTRAL NEW EGY(01735) rises over 5% again, with a cumulative gain of nearly 50% over the past seven trading days. As of press time, it is up 4.96% at HK$12.28, with a turnover of HK$104 million.
On the news front, CENTRAL NEW EGY announced that it plans to rename itself "Central Smart Computing Technology Holdings Group Co., Ltd." This marks a deep evolution of the company's growth logic from being primarily driven by photovoltaic manufacturing to a composite growth model of "new energy + AI + computing power." The board of directors of Central Smart Computing stated that the new name better reflects the current business development and future direction of the group.
The announcement stated that the company is actively seizing the opportunities presented by the rapid market growth of the global artificial intelligence industry, and plans to invest in, build, and operate data centers in the future. This statement by Central Smart Computing is also highly consistent with the trend of changes in the company's interim results previously disclosed. In the first half of this year, the revenue of Central Smart Computing's AI chip and server segment reached approximately HK$1.047 billion, accounting for 16.5% of the company's total revenue, demonstrating strong growth momentum.
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