Group 1 - The company, Shandong High Holding Group Co., Ltd., announced a share buyback plan at a price not exceeding 17 HKD per share, with a total amount not exceeding 100 million USD [2] - The buyback funds will come from existing cash flow and working capital, indicating a strong financial position [2] - The company expressed confidence in its business development and future prospects, aligning the buyback plan with its long-term strategic goals [2] Group 2 - Shandong High Holding has successfully transformed its strategy, focusing on "green electricity + computing power" as a dual-driven integrated enterprise [2] - The company's strategic layout has received positive recognition from the capital market, with analysts predicting rapid growth in performance due to deeper engagement in the AIDC industry and synergies with its major shareholder, Shandong Expressway Group [2] - The large-scale buyback is interpreted by the market as a sign of confidence in the company's future fundamentals, reflecting a commitment to both strategic transformation and shareholder returns [2]

消息面上，9月16日晚，山高控股宣布，董事会已于2025年6月6日获得股东授权，可回购不超过10%的 已发行股份。董事会决定授权管理层在适当时候执行股份回购计划。回购价格不超过每股17港元，总额 不超过1亿美元，资金将来自公司现有现金流或营运资金。公司认为，此次股份回购反映了对自身业务 发展和前景的信心，符合长期发展战略，且不会影响公司的财务稳健性，符合公司及股东的整体利益。 此外，公告指出，注意到公司股份的交易价格及成交量近期出现异常变动。经查询后，董事会确认，概 不知悉导致股份出现该等股价及成交量异常变动的任何原因；或任何须予公布的任何内幕消息。董事会 亦确认业务营运维持正常，且业务营运及财务状况并无重大变动。 山高控股(00412)涨超13%，该股昨日放量跌超24%。截至发稿，涨13.01%，报14.25港元，成交额2.37亿 港元。 ...

消息面上，9月16日晚，山高控股宣布，董事会已于2025年6月6日获得股东授权，可回购不超过10%的 已发行股份。董事会决定授权管理层在适当时候执行股份回购计划。回购价格不超过每股17港元，总额 不超过1亿美元，资金将来自公司现有现金流或营运资金。公司认为，此次股份回购反映了对自身业务 发展和前景的信心，符合长期发展战略，且不会影响公司的财务稳健性，符合公司及股东的整体利益。 此外，公告指出，注意到公司股份的交易价格及成交量近期出现异常变动。经查询后，董事会确认，概 不知悉导致股份出现该等股价及成交量异常变动的任何原因；或任何须予公布的任何内幕消息。董事会 亦确认业务营运维持正常，且业务营运及财务状况并无重大变动。 智通财经APP获悉，山高控股(00412)涨超13%，该股昨日放量跌超24%。截至发稿，涨13.01%，报14.25 港元，成交额2.37亿港元。 ...

Core Viewpoint - The announcement of a share buyback plan of up to $100 million by Shandong High-Tech Holdings has positively impacted the company's stock price, reflecting strong market sentiment and confidence in its future performance [1][2]. Group 1: Share Buyback Plan - Shandong High-Tech Holdings has approved a share buyback plan, allowing for repurchase at a price not exceeding 17 HKD per share, with a total amount not exceeding $100 million [1]. - The buyback will be funded through existing cash flow and operating funds, indicating a robust financial position [1]. - The company believes that the buyback aligns with its long-term development strategy and is in the best interest of both the company and its shareholders [1]. Group 2: Financial Performance - In the first half of 2025, Shandong High-Tech Holdings achieved a revenue of 2.503 billion RMB, with 96% coming from emerging industries, and a net profit of 476 million RMB, representing a year-on-year increase of 506% [1]. - The company has received a positive rating from Zhongtai Securities, maintaining an "overweight" rating, citing expected rapid growth in the coming years due to deepening layouts in the AIDC industry and synergies with its major shareholder [2]. Group 3: Project Developments - Recently, Shandong High-Tech Holdings' subsidiary secured a large wind power EPC service contract worth 1.011 billion RMB for a 175MW distributed wind power project in Heze, Shandong Province, showcasing its strong project execution capabilities in the clean energy sector [2]. - The share buyback is interpreted as a signal of confidence in the company's fundamentals and is expected to enhance earnings per share while indicating that management believes the company's value is underestimated [2].

Group 1: Market Performance - The Hang Seng Index rose by 1.41%, gaining 373 points to close at 26,812 points, while the Hang Seng Tech Index increased by 3.49% [1] - The early trading volume in the Hong Kong stock market reached HKD 192.4 billion [1] Group 2: Company Highlights - Baidu Group-SW (09888) surged by 15.9%, leading the gains among Hang Seng Tech Index constituents [1] - Alibaba-W (09988) saw a rise of 5% [1] - NIO-SW (09866) increased by over 8%, reaching a nearly one-year high ahead of the new ES8 launch [3] - China Tobacco Hong Kong (06055) rose by over 7%, achieving a new high after signing exclusive agency agreements for global markets [4] - Shandong High-Tech Holdings (00412) jumped by 14% following the announcement of a USD 100 million stock buyback plan [5] - Lens Technology (06613) increased by 6.8%, attributed to strong pre-order demand for the iPhone 17 [6] - China Education Holdings (00839) surged by over 16%, with expectations of significant valuation recovery in the private higher education sector [7] - Youzan (08083) rose by over 14%, as the company announced it is exploring the possibility of transferring to the main board for listing [8] Group 3: Industry Insights - The AI large model security assessment results indicated that major products from Tencent, Baidu, Alibaba, and Zhiyuan Huazhang exhibited fewer vulnerabilities, reflecting a high level of security protection [1] - CATL (宁德时代) shares rose over 5%, with the stock price surpassing HKD 500, marking a new high since its listing, while the company highlighted five major challenges in the energy storage industry [2]

Group 1: Market Performance - The Hang Seng Index rose by 1.41%, gaining 373 points to close at 26,812 points, while the Hang Seng Tech Index increased by 3.49% [1] - The early trading volume in Hong Kong stocks reached HKD 192.4 billion [1] Group 2: Company Highlights - Baidu Group-SW (09888) surged by 15.9%, leading the gains among Hang Seng Tech Index constituents [1] - Alibaba-W (09988) saw a rise of 5% [1] - NIO-SW (09866) increased by over 8%, reaching a nearly one-year high ahead of the new ES8 launch [2] - China Tobacco Hong Kong (06055) rose by over 7%, setting a new high after signing exclusive agency agreements for global markets [3] - Shandong High-Speed Holdings (00412) jumped by 14% following the announcement of a USD 100 million stock buyback plan [4] - Lens Technology (300433) (06613) increased by 6.8% due to strong pre-order demand for iPhone 17 [5] - China Education Holdings (00839) surged over 16% as private higher education sector shows signs of significant valuation recovery [6] - Youzan (08083) rose over 14% as the company explores the possibility of transferring to the main board for listing [6] Group 3: Industry Insights - The AI large model security assessment results indicate that major products from Tencent, Baidu, Alibaba, and others have shown fewer vulnerabilities, reflecting a high level of security [1] - Contemporary Amperex Technology Co., Ltd. (300750) (03750) saw its stock price exceed HKD 500, reaching a new high since its listing, while the CEO pointed out five major challenges in the energy storage industry [1]

中泰证券（600918）近日最新发布的研报认为，随着山高控股在AIDC产业的布局深化，以及大股东山 东高速（600350）集团带来的协同效应，未来几年公司业绩将呈现较快增长，维持"增持"评级。 山高控股在公告中称，董事会已决议行使股东周年大会上所获之一般性授权，在公开市场进行股份回 购。公司计划以每股不超过17港元的价格回购股份，总金额不超过1亿美元，资金将来自现有现金流及 营运资金。 9月16日晚，山高控股(00412.HK)宣布了一项规模最高达1亿美元的股份回购计划。 山高控股表示，对自身业务发展及前景充满信心，股份回购计划符合公司长期发展战略。公司现有稳健 的财政状况足以支持股份回购，同时维持充裕财务资源以满足其业务发展，实施股份回购计划符合公司 和其股东的整体利益。 山高控股是中国电算一体化龙头企业。2025年上半年，山高控股"绿电+算力"双轮驱动的协同效应加速 释放，实现营业收入25.03亿元，其中来自新兴产业的收入占比96%，净利润4.76亿元人民币，同比暴增 506%。 ...

人民财讯9月16日电，9月16日晚，山高控股(00412.HK)公告宣布一项规模最高达1亿美元的股份回购计 划。山高控股称，董事会已决议行使股东周年大会上所获之一般性授权，在公开市场进行股份回购，公 司计划以每股不超过17港元的价格回购股份，总金额不超过1亿美元，资金将来自现有现金流及营运资 金。山高控股是中国电算一体化企业。 ...

财报显示，山高控股上半年实现收入达25.03亿元，同比下滑11.64%，其中新兴产业贡献收入96%。期 内实现净利润4.76亿元，同比增长506%;归母净利润为4960万元，上年同期亏损3.63亿元，今年大幅扭 亏。据悉，公司收入同比下降主要由于公司战略性压缩传统投资业务，主动收缩低毛利或高风险业务。 值得注意的是，山高控股旗下乌兰察布源网荷储一体化项目上半年取得关键进展。数据中心一期已投入 商业运营，二期工程稳步推进，新能源发电部分已完成审批及公示，力争年底前开工。目前，山高控股 乌兰察布源网荷储一体化项目每度绿电预计比常规火电下浮大约是1-2分钱。中泰证券（600918）预 测，乌兰察布数据中心未来若100%供电于规划中的三期1GW数据中心，预计每年增量经济效益将高达 13亿元。 东吴证券(香港)研报指出，2023年12月，山高控股以2.99亿美元战略入股世纪互联，成为其最大机构股 东，标志着公司从新能源向"能源+科技"双轮驱动的跨越。该行指出，公司电算协同已见显著成效。 山高控股(00412)宣布，董事会已于2025年6月6日获得股东授权，可回购不超过10%的已发行股份。董事 会决定授权管理层在适当时候 ...

智通财经APP获悉，山高控股(00412)宣布，董事会已于2025年6月6日获得股东授权，可回购不超过10% 的已发行股份。董事会决定授权管理层在适当时候执行股份回购计划。回购价格不超过每股17港元，总 额不超过1亿美元，资金将来自公司现有现金流或营运资金。 公司认为，此次股份回购反映了对自身业务发展和前景的信心，符合长期发展战略，且不会影响公司的 财务稳健性，符合公司及股东的整体利益。 据了解，山高控股(00412)4月至今累计涨幅超120%，截至9月16日收盘，报12.61港元，总市值959.05亿 港元。 财报显示，山高控股上半年实现收入达25.03亿元，同比下滑11.64%，其中新兴产业贡献收入96%。期 内实现净利润4.76亿元，同比增长506%;归母净利润为4960万元，上年同期亏损3.63亿元，今年大幅扭 亏。据悉，公司收入同比下降主要由于公司战略性压缩传统投资业务，主动收缩低毛利或高风险业务。 值得注意的是，山高控股旗下乌兰察布源网荷储一体化项目上半年取得关键进展。数据中心一期已投入 商业运营，二期工程稳步推进，新能源发电部分已完成审批及公示，力争年底前开工。目前，山高控股 乌兰察布源网荷储一 ...