DONGFANG ELEC (01072) surged more than 3%, reaching HK$24.76 by the time of writing, with a trading volume of HK$80.49 million. Huaxin Securities noted in a research report that the rapid growth in demand for AIDC in the U.S. has driven the need for self-built power solutions. Gas turbines, with advantages such as short construction cycles and stable power supply, have become a preferred short-term power solution for data centers. Overseas tech giants like Google and Amazon have already adopted gas turbines as core backup or even primary power sources for new data centers.

Chinese gas turbine manufacturers may seize a strategic window in overseas markets. DONGFANG ELEC has achieved a breakthrough with its independently developed F-class heavy-duty gas turbine, the G50, securing an order for core equipment in a 50-megawatt combined-cycle power project in Zhambyl Region, Kazakhstan. This marks the first export of a domestically produced heavy-duty gas turbine as a complete system.

Citigroup revealed that DONGFANG ELEC is currently in discussions with U.S. data center clients regarding potential sales of gas turbine generator sets. While no specific timeline or further details on new orders have been disclosed, the bank believes demand for gas turbine generators in U.S. data centers remains strong, with attractive pricing. The company is enhancing product reliability while addressing potential compliance risks and other challenges.