Group 1 - The board of directors of Shankou Holdings (00412) has been authorized by shareholders to repurchase up to 10% of its issued shares, with a maximum repurchase price of HKD 17 per share and a total amount not exceeding USD 100 million [1] - The company believes that the share repurchase reflects confidence in its business development and prospects, aligns with its long-term development strategy, and will not affect its financial stability [1] - As of September 16, the stock price has increased over 120% since April, closing at HKD 12.61, with a total market capitalization of HKD 95.905 billion [1] Group 2 - Shankou Holdings' revenue for the first half of the year reached CNY 2.503 billion, a year-on-year decline of 11.64%, primarily due to a strategic reduction in traditional investment businesses [1] - The company achieved a net profit of CNY 476 million, a significant increase of 506% year-on-year, with a net profit attributable to shareholders of CNY 49.6 million, recovering from a loss of CNY 363 million in the same period last year [1] - The Ulanqab integrated project has made key progress, with the first phase of the data center now in commercial operation and the second phase advancing steadily [2] Group 3 - The Ulanqab project is expected to provide green electricity at a cost lower than conventional thermal power by approximately 1-2 cents per kilowatt-hour [2] - If the Ulanqab data center is fully powered by the planned third phase of 1GW, the projected annual economic benefit could reach CNY 1.3 billion [2] - In December 2023, Shankou Holdings strategically invested USD 299 million in Century Internet, becoming its largest institutional shareholder, marking a transition from renewable energy to a dual-driven model of "energy + technology" [2]