耿康铭“三次关键转型”豪赌算力 协创数据加速狂奔总资产半年翻倍

Core Viewpoint - The company, Xiechuang Data, is making a significant move in the computing power sector with a procurement contract worth up to 1.2 billion yuan, indicating its aggressive expansion strategy in the rapidly growing market for computing power services [1][6]. Company Overview - Founded in 2005 by founder Geng Kangming, Xiechuang Data initially focused on computer storage products and has since expanded its product line to include mobile and tablet motherboards, becoming a key player in the smart manufacturing sector [3]. - The company has shown consistent growth, with revenue increasing from 839 million yuan in 2016 to 7.41 billion yuan in 2024, and net profit rising from 30 million yuan to 692 million yuan during the same period [6]. Recent Developments - On August 15, 2023, Xiechuang Data announced plans to procure servers from multiple suppliers, with a total contract value not exceeding 1.2 billion yuan, primarily aimed at enhancing its computing power rental services [1][6]. - The company's asset scale has seen remarkable growth, increasing from 7.305 billion yuan at the end of 2024 to 15.044 billion yuan by mid-2025, reflecting a doubling in just six months [1][5]. Strategic Decisions - Geng Kangming has made three critical strategic decisions throughout his career, transitioning from computer cases to memory bars and then to storage devices and smart terminals, which have all contributed to the company's rapid growth [1][2]. - The company is actively pursuing partnerships with major clients, including Tencent, and has successfully participated in significant project bids, such as the China Unicom computing power service procurement project [5]. Market Position - Xiechuang Data's revenue is heavily reliant on its data storage devices and IoT smart terminals, which together account for over 90% of its total revenue [3]. - The company’s stock price has seen significant appreciation since its IPO, with shares reaching a peak of over 100 yuan, reflecting strong market confidence in its growth trajectory [6].