Hong Kong Stock Alert | CHINA LONGYUAN (00916) Surges Over 5% as Computing Demand Drives Power Needs, Company Receives Institutional Recommendation

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CHINA LONGYUAN (00916) surged over 5%, rising 5.95% to HK$7.84 with trading volume of HK$523 million as of press time. Public information shows that China Longyuan Power is the earliest professional wind power development company in China, maintaining its position as the world's largest wind power operator since 2015. Currently, China Longyuan Power has evolved into a large comprehensive power generation group primarily focused on developing and operating new energy sources, owning wind power, photovoltaic, biomass, tidal, geothermal and thermal power projects. Its business spans 32 provinces and regions in China as well as multiple overseas markets, making positive contributions to global green and low-carbon energy development and renewable energy utilization. Research reports indicate that as operational platforms for computing services, data centers typically have electricity costs accounting for over 50% of total operating costs. The contradiction between demand and energy is forcing a green transformation in computing power. In the data economy era, computing power has become the core demand for data centers, thereby driving high growth in electricity demand. Investors are advised to focus on renewable energy operators like China Longyuan Power.

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