SDHG (00412.HK) released its midterm performance report today. Thanks to the strategic synergy effect from the integration of group resources, the newly emerged industries investment business unit of the first half of this year recorded a profit of 0.353 billion Hong Kong dollars. As of June 30,2024, the total assets of the group amounted to 78.84 billion Hong Kong dollars, of which the investment assets of emerging industries amounted to 58.06 billion Hong Kong dollars, accounting for approximately 74% of the total assets.
In recent years, SDHG firmly grasps the principles of "growth and certainty", seizes the layout opportunity of the emerging industry track, and has transformed into an industrial holding platform with "new energy + new infrastructure" as its main business. SDHG said that it will continue to exert the resources and brand advantages of Shandong Hi-speed Group in the future, increase efforts to develop key industries and key markets, give full play to comprehensive advantages, continuously promote the integration and coordinated development of new energy and new infrastructure industries under it, and plan the layout of computing power and power infrastructure in a coordinated way, achieve nearby power supply and local consumption of new energy, and provide green and efficient computing power support for the development of the digital economy.
While strengthening market development, SDHG will also strive to build a sound industrial ecosystem, promote upstream and downstream collaborative innovation on the industrial chain through close cooperation with high-quality companies in the industry, gradually form a complementary, embedded, and mutually beneficial SDHG ecosystem, comprehensively improve the company's performance, enterprise value, and market valuation of the invested companies, continuously promote the effective implementation of the company's strategies, and become an excellent industrial holding group.
