HK Stock Market Move | ENVISION GREEN (01783) rises nearly 5%. The company's acquisition of YV Cloud officially marks its entry into the AI computing power sector, with its renewable resources business fundamentals remaining solid.

ENVISION GREEN (01783) rose nearly 5%, up 4.19% as of press time, at HK$4.605, with a turnover of HK$27.5036 million. On the news front, ENVISION GREEN previously announced that it plans to acquire all equity interests in YV CLOUD Limited and Shanghai Youfu Cloud for up to HK$2.5 billion. Shenwan Hongyuan Group pointed out that the company has initiated the acquisition of YV CLOUD Limited and its operating company Shanghai Youfu Cloud Computing Co., Ltd., officially entering the computing power services track. The target company, as one of the earliest NVIDIA Cloud Partners in China, has advantages in GPU allocation priority and original manufacturer pricing. ENVISION GREEN is simultaneously launching computing power asset expansion, having already completed the procurement of over 500 NVIDIA high-performance GPU servers, and is bullish that the expansion of computing power scale will inject new momentum for high-speed growth into the company. The bank continued, regarding the renewable resources business, the acceleration of copper cable decommissioning in the United States is advancing, and reverse recycling demand has entered a phase of sustained release. The acceleration of telecom giants such as AT&T and Verizon migrating to wireless communications and fiber optic networks has become an irreversible trend. ENVISION GREEN is deeply bound with leading customers such as AT&T, Verizon, and Amazon, with broad room for penetration rate improvement among existing customers. The company adopts fixed-term contracts to lock in procurement costs at agreed prices, and sells high-purity copper and aluminum after dismantling at market prices. Under high copper prices, metal price increases directly enhance recycling spreads, combining both profit stability and elasticity.