Central New Energy (01735) rose nearly 9% in the morning session, with cumulative gains for the week exceeding 30%. As of press time, the stock was up 8.72%, trading at HK$10.85, with a turnover of HK$77.9116 million.
The company's interim results show that for the first half of the year, it achieved revenue of approximately HK$6.33 billion, representing a year-on-year increase of 56.3%; gross profit was approximately RMB130 million, up 50.0% year-on-year. During the period, revenue from Central New Energy's second growth curve — AI computing power business — surged to RMB1.047 billion, accounting for nearly 20% of total revenue. This marks a shift in the company's growth logic from being primarily driven by photovoltaic manufacturing to a composite growth model of "new energy + AI + computing power."
Yu Zhuyun, Chairman of Central New Energy Holding Group, said in a recent interview that according to the "AI five-layer cake" theory, Central New Energy can participate in three of the five layers. Yu Zhuyun believes that energy is the company's own; for GPUs, it will not manufacture them itself but will seek cooperation with leading domestic enterprises; for computing power centers, it will build them itself but will consider scale according to local conditions. Central New Energy hopes to establish edge computing power centers closer to users to empower urban applications.
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