Sharetronic(SZ:300857) Mei Ri Jing Ji Xin Wen·2026-02-12 15:13Core Viewpoint - The company, Xiechuang Data, plans to purchase servers worth up to RMB 11 billion to enhance its cloud computing services, reflecting a significant investment in the growing demand for computing power [1][6]. Group 1: Investment and Financial Details - The total amount for the server procurement contracts is expected to not exceed RMB 11 billion, which represents over 50% of the company's latest audited net assets and total assets [1]. - The company’s stock price surged by 15.72% to RMB 247.99, with a market capitalization of RMB 85.834 billion following the announcement [4]. - Xiechuang Data has announced a projected net profit for 2025 of RMB 1.05 billion to RMB 2.50 billion, indicating a year-on-year growth of 51.78% to 80.69% [7]. Group 2: Strategic Direction and Market Context - Founded in 2005, Xiechuang Data focuses on the research, production, and sales of IoT smart terminals and data storage devices, aiming to build a global industrial system centered on "computing power foundation + cloud services + smart terminals" [6]. - The chairman, Geng Kangming, likened the current state of the computing power industry to the real estate boom of the 1990s, suggesting that investments in this sector will surpass those in real estate during its peak in the next five to ten years [7]. - The company has made multiple procurement announcements in 2025, with a total planned expenditure of RMB 21.2 billion for high-performance servers, indicating a strong commitment to meeting customer demand [6].