Core Viewpoint - The announcement of Chaojuvian Digital Technology Co., Ltd. starting its listing guidance on January 6, 2026, has significantly impacted the market, particularly benefiting its investor, Oriental Pearl [2][3]. Company Overview - Chaojuvian, established in 2021 and headquartered in Zhengzhou, Henan Province, is a leading global provider of computing infrastructure and services, focusing on hardware, software, and engineering technologies [3]. - The company operates 10 R&D centers and 6 supply centers globally, with 6 technical service centers and 7 regional departments, serving over 10,000 clients across more than 100 countries and regions [3]. Financial Performance - Chaojuvian's revenue is projected to exceed 40 billion yuan in 2024, with a target of over 50 billion yuan for the full year of 2025, following a doubling of revenue in the first quarter of 2025 [3][4]. Market Reaction - Following the listing guidance announcement, Oriental Pearl's stock surged, reaching its daily limit within just 4 minutes of trading [4][5]. - Oriental Pearl has invested nearly 500 million yuan through the Zhengzhou Airport Advanced Computing Venture Capital Fund, which holds approximately 3.5% of Chaojuvian's equity [5][6]. Strategic Partnerships - In addition to its investment in Chaojuvian, Oriental Pearl has collaborated with leading AI companies like MiniMax and Jiyue Xingchen to implement digital human and multimodal applications in e-commerce and cultural tourism [7].
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