GUOFUHEE Shares Surge Over 6% in Afternoon Trading Following Major Joint Venture with Thai Conglomerate's Family Fund

Deep News
Apr 29

GUOFUHEE (02582) saw its share price rise by 6.32% in the afternoon session, currently trading at HKD 28.94, with a turnover of HKD 61.892 million.

The company recently entered into a deep joint venture partnership with a holding company controlled by the family fund of a core member of Thailand's prominent CP Group. The two parties will formally establish a joint venture to collaboratively embark on a new phase of deploying AI data center power supply products and hydrogen equipment facilities in Southeast Asia. This initiative aims to support the region's low-carbon digital economy transformation and the scaled development of the hydrogen energy industry.

As a key driver of digital economic growth in Southeast Asia, Thailand's data center market is experiencing rapid expansion. Major industry players, including the CP Group, are accelerating their investments in data center infrastructure within the country, with green and low-carbon solutions becoming a widely shared objective in the sector. The powerful collaboration between GUOFUHEE and the CP Group-associated entity will prioritize green energy solutions for data centers as an initial strategic focus, aiming to quickly capture market share. Concurrently, the partnership will advance the implementation of hydrogen transportation and intelligent drone operations, fostering a synergistic development framework integrating digital energy, hydrogen mobility, and smart equipment.

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