SHOUGANG LANZA (02553) shares experienced a significant surge during the early trading session, climbing nearly 13% to reach a new all-time high of HK$53.2. At the time of reporting, the stock was up 10.11%, trading at HK$51.75 with a turnover of approximately HK$36.79 million.

Industry Developments Driving the Move

The catalyst for this upward movement appears to be emerging industry trends concerning data center power solutions. Recent analysis suggests that Solid Oxide Fuel Cell (SOFC) systems are emerging as a potential new power supply method for data centers. A report highlights that to address surging electricity demand and decarbonization pressures, a new trend is developing where data centers build their own on-site power generation combined with Carbon Capture, Utilization, and Storage (CCUS) technology.

Projections indicate that by 2030, around 31% of data center facilities with on-site power generation are expected to incorporate CCUS technology. This adoption rate is forecasted to rise to approximately 41% by the year 2035.

Company's Strategic Position in the Sector

SHOUGANG LANZA is deeply entrenched in the CCUS industry. The company specializes in using carbon-rich industrial off-gas from steel and ferroalloy plants as raw materials. Through carbon capture and utilization technologies, it produces low-carbon products such as ethanol and microbial protein, while also providing comprehensive low-carbon solutions.

According to industry research, based on 2025 estimates, SHOUGANG LANZA holds the position as the world's largest company in the CCUS sector that utilizes synthetic biotechnology.