Shenyang Public Utility Moves Into Edge Computing to Diversify Beyond Property and Traditional Infrastructure

Shenyang Public Utility Holdings Co. Ltd. Class H ( (HK:0747) ) just unveiled an announcement.

Shenyang Public Utility Holdings has launched a new edge computing infrastructure and services business as part of a broader diversification strategy in response to limited government infrastructure spending and a prolonged downturn in China’s property market. The company has assembled a specialist management team in information technology solutions, artificial intelligence, internet of things and smart community applications, begun procuring network bandwidth and deploying edge nodes, and signed an initial service agreement worth RMB24 million running to January 2027, while negotiating with additional potential customers, aiming to leverage its infrastructure expertise to enhance long-term business sustainability and broaden revenue sources.

The most recent analyst rating on (HK:0747) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on Shenyang Public Utility Holdings Co. Ltd. Class H stock, see the HK:0747 Stock Forecast page.

More about Shenyang Public Utility Holdings Co. Ltd. Class H

Shenyang Public Utility Holdings Company Limited is a PRC-incorporated infrastructure and property developer engaged in construction of infrastructure, property development, property investment and leasing, and property management in China. Leveraging its experience in infrastructure planning, site coordination, project management, construction execution and long-term operation, the group is now extending its capabilities into technology-related infrastructure services.

Average Trading Volume: 1,323,021

Technical Sentiment Signal: Hold

Current Market Cap: HK$120.5M

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