理解市场 | 山高控股涨超 7% 近一个月股价实现翻倍 公司绿电算力形成产业协同
SDHG's stock price rose by over 7%, doubling in the past month, with the current stock price at HKD 13.18 and a trading volume of HKD 42.2709 million. The company's strategic transformation focuses on new energy and computing power, acquiring Beijing Enterprises Clean Energy and increasing its stake in Vnet, forming a "green electricity + computing power" ecosystem. Debon Securities has given it an "overweight" rating, believing this move will enhance operational efficiency and reduce energy consumption costs. SDHG is the only integrated computing subsidiary under Shandong Hi-Speed Group, participating in green computing power and clean energy cooperation
According to Zhitong Finance APP, SDHG (00412) has risen over 7%, with its stock price doubling in the past month. As of the time of writing, it is up 7.15%, priced at HKD 13.18, with a trading volume of HKD 42.2709 million.
In terms of news, Soochow Securities (Hong Kong) pointed out that the company's strategic transformation deepens industrial focus and diversifies high-quality asset layout. The acquisition of Beijing Enterprises Clean Energy strategically positions it in the new energy sector, while strategic increases in holdings strengthen control. Additionally, strategic investment in Vnet builds a dual-engine ecosystem of "green electricity + computing power." Looking ahead, as the demand for computing power continues to explode, the company is expected to release value through the dual dividends of "green electricity cost reduction + computing power appreciation." Debon Securities stated that considering the strong background of the company's shareholders, the formation of "green electricity + computing power" creates industrial synergy, which not only helps improve the consumption of green electricity but also reduces data center energy consumption costs and enhances operational efficiency, initiating a "buy" rating for the company.
It is noteworthy that on May 20, during the opening ceremony of the 2025 Hong Kong-Macao Shandong Week and the promotion of high-quality development of Shandong-Hong Kong cooperation, Shandong High-Speed Group signed a strategic cooperation agreement with Huawei, aiming to jointly create a new development model driven by "green computing power + clean energy." As the only subsidiary of Shandong High-Speed Group with an integrated electric computing industry segment, SDHG will become the main carrier for this cooperative business exploration. It is understood that SDHG initiated its strategic transformation towards an industrial investment group in 2021, focusing on the two major fields of new energy and computing power, and has launched a series of industrial layouts
