YNHC(SZ:001896) Xin Lang Cai Jing·2026-02-11 10:32Core Viewpoint - The company, YN Holdings, is planning to invest in the computing power industry, which is seen as a strategic move to align with its development needs and capitalize on the growing demand for digital infrastructure [2][4][16]. Group 1: Investment in Computing Power - YN Holdings announced its intention to acquire a controlling stake in Zhengzhou Heying Data Co., Ltd. through its subsidiary, Xiantian Computing (Henan) Technology Co., Ltd. [2][5][17]. - Xiantian Computing was established on March 27, 2024, with a registered capital of 100 million yuan, and is currently wholly owned by Henan Investment Group [5][17]. - Zhengzhou Heying primarily operates large-scale data centers, with facilities located in Hebei Province, serving the real-time computing needs of the Beijing-Tianjin-Hebei region [5][17]. Group 2: Data Center Capacity and Strategic Positioning - As of the announcement date, Zhengzhou Heying holds and plans data center IT capacity exceeding 1 GW, ranking among the top in the country [6][17]. - The Heying Data (Huailai) Technology Industrial Park is noted as the largest green computing cluster in the Beijing area, utilizing advanced cooling technologies and integrated site selection strategies [6][17]. - The transaction is expected to leverage both companies' strengths in green power supply and regional layout, promoting low-carbon transformation and seizing industry opportunities [18]. Group 3: Financial Performance and Market Impact - Following the announcement, YN Holdings' stock price surged to 7.54 yuan per share, marking a new high in nearly three and a half years, with a market capitalization of 11.5 billion yuan [18]. - The company has been focusing on enhancing its renewable energy generation capacity and adjusting its asset structure to support its transformation [20]. - YN Holdings anticipates a significant turnaround in profitability, projecting a net profit of 305 million to 391 million yuan for 2025, compared to a loss of 121 million yuan in the previous year [22].