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China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ) has shared an update.
China Ruifeng Renewable Energy has signed an investment framework agreement with the Xuanhua Economic Development Zone in Zhangjiakou, Hebei, to build an artificial intelligence computing power center, with planned total investment of about RMB24 billion. The project is designed to become North China’s largest inference computing cluster park and a core park for the Zhangjiakou national hub node of the integrated computing network.
The Xuanhua AI computing center will be developed in five phases, starting with at least 3,000 racks built to Class A standards on roughly 200 acres, supported by a 200 MW/800 MWh grid‑side lithium iron phosphate energy storage plant on about 55 acres. With strict efficiency targets for power and water use and operations targeted to begin by February 2028, the initiative aligns the company with China’s “Eastern Data and Western Computing,” “Digital China,” and “Dual Carbon” strategies, signaling a strategic shift into green AI infrastructure that could deepen its role in the digital economy ecosystem.
The most recent analyst rating on (HK:0527) stock is a Hold with a HK$0.59 price target. To see the full list of analyst forecasts on China Ruifeng Renewable Energy Holdings Ltd. stock, see the HK:0527 Stock Forecast page.
More about China Ruifeng Renewable Energy Holdings Ltd.
China Ruifeng Renewable Energy Holdings Ltd. is a Hong Kong‑listed company historically focused on renewable energy projects, particularly wind power generation, in mainland China. The group is now extending its capabilities into energy‑intensive digital infrastructure, pairing green electricity and storage with artificial intelligence computing facilities to capture emerging demand for low‑carbon data centers.
Average Trading Volume: 3,590,283
Technical Sentiment Signal: Sell
Current Market Cap: HK$977.4M
See more data about 0527 stock on TipRanks’ Stock Analysis page.