科士达（002518）1月8日晚间公告，公司联合申菱环境（301018）以及专业投资机构成立合伙企业，投 向以数据中心产业为核心的上下游产业链、硬科技、AI及新能源（风电、光伏、储能）等相关领域。 科士达表示，公司以数据中心业务为核心主业，并布局新能源赛道，双轨业务持续拓展。近年，数据中 心及新能源行业进入新一轮发展周期，掀起投建新热潮，国内外各细分市场及专业领域都存在诸多优质 标的。通过参与投资产业链相关基金，协助寻找行业匹配度高、业务协同性好的技术方向及优质标的， 强化产业协同效应。同时，公司亦可通过项目投资实现资本增值，提升公司综合竞争力，为公司及股东 创造更多价值。 公告显示，近日科士达与时石私募基金管理（嘉兴）有限公司、宁波汇鑫富企业管理有限公司、申菱环 境签订了《嘉兴沐桐股权投资合伙企业（有限合伙）合伙协议》，各方共同投资嘉兴沐桐股权投资合伙 企业（有限合伙），投资方向为以数据中心产业为核心的上下游产业链、硬科技、AI及新能源（风 电、光伏、储能）等相关领域，具有较高的行业匹配性及业务协同性。 申菱环境在同日公告表示，通过与专业投资机构合作投资产业投资基金的方式搭建投资基金平台，投向 以数据中心产 ...

Group 1 - The core point of the article is that Shenling Environment (301018.SZ) has signed a partnership agreement with several investment firms to jointly invest in a private equity fund focused on various high-tech industries [1] - The total investment amount for the partnership is approximately 200 million yuan, with the company committing 50 million yuan, representing a 24.99% stake in the fund [1] - The fund aims to invest in sectors related to the data center industry, hard technology, artificial intelligence, and renewable energy, including wind power, photovoltaics, and energy storage [1]

格隆汇1月7日丨申菱环境(301018.SZ)公布，根据广东申菱环境系统股份有限公司战略规划的需要，公 司于近日与时石私募基金管理（嘉兴）有限公司（简称"时石私募"）、宁波汇鑫富企业管理有限公司 （简称"宁波汇鑫富"）、深圳科士达科技股份有限公司（简称"科士达"）签订了《嘉兴沐桐股权投资合 伙企业（有限合伙）合伙协议》，各方共同投资嘉兴沐桐股权投资合伙企业（有限合伙）（简称"产业 投资基金"、"合伙企业"）。合伙企业总出资额为人民币20,010万元，公司认缴出资5,000万元人民币， 持有合伙企业24.99%的份额比例。本次投资旨在借助专业基金管理团队的力量，整合各方资源，发掘 具有高成长潜力的优质项目。通过与专业投资机构合作投资产业投资基金的方式搭建投资基金平台，投 向以数据中心产业为核心的上下游产业链、硬科技、AI及新能源(风电、光伏、储能）等相关领域，有 利于公司紧跟产业发展趋势，拓展业务机会。 ...

Core Insights - Fermi Company, an AI power startup, achieved a market valuation of $16 billion shortly after its IPO, despite having no customers or revenue to date [2][3] - The company aims to create a "super grid" integrating nuclear, solar, and gas power to supply large data centers in Texas, with a projected capacity to meet the electricity needs of 8 million households [2][3] Company Background - Fermi's success is attributed to the policies of the Trump administration and its connections within the political landscape, including support from former Texas Governor Rick Perry [3][4] - The company has ambitious plans to develop a gas-fired AI power facility, leveraging its location near significant energy resources and infrastructure [7][8] Project Details - Fermi plans to achieve gas power generation by spring next year, utilizing refurbished second-hand equipment and acquiring unused gas generators from failed projects [4][9] - The project aims for a total capacity of 11 gigawatts, which is double the average electricity demand of New York City, with annual increases of 1 gigawatt thereafter [4][9] Market Reaction - The IPO was priced at $21 per share, with 32.5 million shares sold, indicating strong market interest despite the company's early-stage status and lack of revenue [4][5] - Analysts note that while the market remains optimistic about data center growth, investing in a company with limited assets and no revenue carries significant risks [5] Strategic Partnerships - Fermi has partnered with Westinghouse Electric to introduce four advanced AP1000 modular nuclear reactors, although these will take years to implement [9][10] - The company is also refurbishing a 200-megawatt gas generator and acquiring a 400-megawatt Siemens gas generator to meet its initial power generation goals [9][10]