SDHG market cap hit HK$100 billion for the first time, as stock price surged 200+ percent in 2025From 2021 to 2024, SDHG\u2019s total assets more than tripled, from RMB 21.43 billion to RMB 66.17 billionDazzling success attributed to SDHG\u2019s two-pronged strategy of smart investing in new energy and computing powerElectricity-Computing Integration model places SDHG in unique position to lead industrySDHG\u2019s outstanding ability to align key businesses with national policy priorities wins dedicated government support<\/p>\n
HONG KONG, July 29, 2025 (GLOBE NEWSWIRE) — Shandong Hi-Speed Holdings Group Ltd. (00412.HK) shares rose to HK$17.26 at closing on Monday, July 28, sending the market cap of the strongly growing company to HK$103.9 billion. SDHG market cap exceeded HK$100 billion for the first time on July 11. The fact that it has since remained steadily above the HK$100 billion mark indicates the market’s unequivocal endorsement of SDHG as a leader in Electricity-Computing Integration and AI-ready infrastructure.<\/p>\n
SDHG’s Lead in Electricity-Computing Integration Helps Market Cap Hit HK$100 Billion<\/p>\n
As global competition in AI innovation intensifies to a breakneck pace, the demand for computing power has skyrocketed, which led renewable energy and computing power to become critical battlegrounds for serious contenders in the field.\u00a0SDHG, a pioneer strategic investor in Electricity-Computing Integration, is widely believed to lead the race.<\/p>\n
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By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service<\/a> and Privacy Policy<\/a>.<\/p>\n Pivot to AI infrastructure builder<\/p>\n The demand for both computing power and the electricity to run the data centers in China is forecast to see exponential growth in the coming years. In 2025, data center electricity consumption is expected to account for 5 percent of China’s total electricity usage. The country’s intelligent computing power is projected to reach 1,037.3 EFLOPS in 2025 and to surge to 2,781.9 EFLOPS in 2028. The highly centralized GPU clusters required for intelligent computing centers will have to consume more power.<\/p>\n On the eve of AI innovation booms, SDHG has made a strategic transition from primarily making financial investments toward becoming an\u00a0investment holding platform focused on emerging industries. It has since emerged as China’s leading company owning premium assets in both renewable energy and computing power, creating a unique Electricity-Computing Integration model.<\/p>\n In 2022, SDHG acquired Shandong\u2002Hi-Speed\u2002New\u2002Energy\u2002Group\u2002Ltd.\u00a0(SHNE, 01250.HK) and now owns 56.97 percent of the company\u2019s stakes. In 2023, SDHG made a strategic investment worth US$299 million in VNET Group Inc. (NASDAQ: VNET). SHNE owns clean energy projects in more than 20 provinces in China and has been actively exploring international markets. VNET started focusing on selling data center services to retail clients in China and has grown to serve hyperscale customers including Alibaba Cloud, Tencent Cloud, and Huawei Cloud.<\/p>\n These and other smart investment moves have helped the company gain a strong foothold in traditional infrastructure as well as in new infrastructure.<\/p>\n Alignment with national policy priorities<\/p>\n SDHG has shown outstanding ability to align its key businesses with major national policy priorities, namely renewable energy and computing power. As a result, SDHG enjoys full policy dividends from such national projects as “East Data, West Computing\u201d and secures dedicated government support in energy-rich provinces, especially support for its Electricity-Computing Integration model.<\/p>\n Partnering with local governments and companies, SDHG has been able to achieve great success in experimenting with innovative business models that hand the company a unique advantage in both Chinese and international markets. The\u00a0Ulanqab Source-Grid-Load-Storage Integration Project in Inner Mongolia is one of SDHG\u2019s flagship projects and epitomizes the innovativeness of Electricity-Computing Integration.<\/p>\n SDHG is building power generation and storage facilities (solar and wind) right next to AIDC and other computing power centers in grassland town Ulanqab. The model breaks down traditional power grid constraints by enabling\u00a0direct electricity trading\u00a0(“selling electricity across the wall”). It thus establishes an\u00a0ecosystem of power generation, transmission, and consumption in the same physical space. This\u00a0self-contained green ecosystem, with tremendous environmental and economic value,\u00a0operates on the principles of:<\/p>\n – Instant Utilization\u00a0(power consumed immediately upon generation)<\/p>\n – On-Demand Availability\u00a0(guaranteed supply for computing facilities)<\/p>\n – Market-Based Pricing\u00a0(dynamic cost optimization)<\/p>\n – Mutual Benefit\u00a0(win-win for energy producers and computing operators)<\/p>\n Upon completion, the SDHG Ulanqab project will generate approximately\u00a0860 million kWh\u00a0of electricity annually, supplying a significant part of the power to run VNET\u2019s 150MW computing centers in Ulanqab. When the 1GW\u00a0Ulanqab III is in full operation and powered by SDHG, an additional RMB 1.3 billion\u00a0worth of economic benefits will be created for the company.<\/p>\n The SDHG Ulanqab project with its pioneering Electricity-Computing Integration model is set to play a major role in AI\u2019s transformation of Chinese tech industry, the same way as Stargate and other mega projects contribute to the building of AI infrastructure in their respective countries.<\/p>\n Reliable financing toolkit<\/p>\n SDHG\u2019s solid background in licensed financial transactions and ability to leverage Hong Kong\u2019s status as an international financial center have also been crucial in its success in financing the new energy and computer power projects with a reliable world-class toolkit.<\/p>\n In May 2024, SDHG issued\u00a0US$900 million worth of perpetual bonds – the largest USD senior perpetual bond issuing by any Chinese issuer since 2021, which were subscribed by\u00a0280 institutional accounts\u00a0across Asia, Europe, the Middle East and Africa. In March 2025, SDHG\u2019s portfolio company\u00a0VNET Group Inc. completed a\u00a0$430 million convertible preferred notes offering – the largest such issuance relative to market cap\u00a0by a Chinese firm since early 2024 which secured foundational capital for its domestic expansion.<\/p>\n Endowed with the above-mentioned advantages, SDHG has established itself as a market leader with proven operational excellence, attracting more and more major companies to become customers and partners.<\/p>\n In May 2025, SDHG signed a strategic cooperation agreement with Chinese tech giant Huawei Technologies Co., Ltd. to build projects driven by\u00a0“green computing power and clean energy”, develop\u00a0“zero-carbon smart parks”,\u00a0and collaborate in the field of\u00a0intelligent transportation, including\u00a0vehicle-road coordination\u00a0and\u00a0large-scale intelligent driving models.<\/p>\n The capital market has also reacted to SDHG’s\u00a0new strategy and remarkable business performance enthusiastically. In June 2025, multiple brokerages issued\u00a0initiating coverage reports\u00a0with\u00a0“Outperform” ratings\u00a0for SDHG, including Soochow Securities (Hong Kong), Zhongtai Securities, Tebon Securities, and SXC Securities.<\/p>\n “Through smart strategic maneuvers, SDHG has managed to build a complete ecosystem in new energy and new infrastructure, greatly enhancing the company\u2019s core competitiveness,\u201d the Zhongtai Securities report states.<\/p>\n SDHG was incorporated as China New Financial Group Limited. The company was acquired by Shandong Hi-Speed Group in 2017 and adopted its current name in 2022. It was listed on the\u00a0Hong Kong Stock Exchange in the same year and is now a constituent stock of the\u00a0Hang Seng Composite Index. The company currently holds an Fitch “A-\u201d Issuer Default Rating (IDR)\u00a0with an ESG Entity Rating of\u00a0“2\u201d (Sustainable Fitch).<\/p>\n SHDG has been on a phenomenal growth trajectory in the last 4 years despite macroeconomic challenges in the world and in the region. From 2021 to 2024, its total assets more than tripled – expanding from RMB 21.43 billion to RMB 66.17 billion. Its stock price has soared\u00a0over 200 percent in 2025, while annual revenues are forecast to grow to RMB 6.59 billion, RMB 6.77 billion, and RMB 7.37 billion for 2025, 2026, and 2027, respectively. Net profit attributable to parent company shareholders is expected to more than double in the period, from RMB 216 million in 2025 to RMB 555 million in 2027.<\/p>\n “We expect SDHG to keep its growth momentum in the coming years, benefiting from and contributing to national policy initiatives in new energy and computing power. In particular, SDHG\u2019s Electricity-Computing Integration\u00a0model powering AIDC will cement the company\u2019s lead in the industry and help realize its full potential as a market innovator,\u201d the Zhongtai Securities report concludes.<\/p>\n Media Contact<\/p>\n Company Name: Shandong Hi-Speed Holdings Group<\/p>\n Contact: Stanley Shi<\/p>\n Website: https:\/\/www.sdhg.com.hk\/en\/<\/p>\n