Institutional Research丨Gas Turbines + Natural Gas + Data Centers This company continues to secure large orders and has already established total equipment assembly and manufacturing capabilities in North America

On February 26, multiple listed companies released investor relations activity record announcements, disclosing their business communication content with institutions, revealing many progress and highlights in their business layouts.

Jereh Holdings: The company has established multiple equipment assembly and production capabilities in North America

Jereh Holdings was surveyed yesterday by more than ten institutions including UBS and StoneyLake Asset.

During the survey, Jereh Holdings stated that by expanding capacity based on its existing factory in the United States, it now has the ability to assemble and produce various equipment such as electric drive/turbine fracturing units and gas turbine power generation equipment in North America, which can meet the production needs of related products in the region. Additionally, the company is actively promoting the construction of new production and office bases in Dubai, UAE, which can serve as an effective supplement to its production capacity.

According to Jereh Holdings, the company focuses on building a global supply chain system. In terms of gas turbine supply, it has established long-term stable cooperation with manufacturers such as Siemens, Baker Hughes, and Kawasaki Heavy Industries. For internal combustion engines, the company has a mature supply system that can provide internal combustion engine power solutions for customers.

Jereh Holdings stated that in the future, the company will continue to introduce and integrate high-quality global technological resources, build a diversified supply system for gas turbines and internal combustion engines, and continuously enhance supply chain resilience to provide integrated power solutions for customers. Meanwhile, the company will deepen its presence in data centers, industrial energy, and new power systems, continuously expanding its business across different fields and building a diversified customer base.

In terms of natural gas business, the company has successfully built an integrated solution capability for the entire natural gas industry chain, achieving high coordination between equipment and engineering services. Jereh Holdings revealed that it has secured orders in multiple overseas markets such as the UAE and Kuwait, with increasing demand for natural gas in various countries bringing more market opportunities. “The company values the future development opportunities of the natural gas business and will take various measures to actively promote this business segment.”

Jereh Holdings’ main businesses include high-end equipment manufacturing, oil and gas engineering and technical services, oil and gas field development, new energy, and recycling. Recently, the company has signed multiple sales contracts for gas turbine generator sets, attracting market attention.

A recent research report from Donghai Securities pointed out that the company is a leading enterprise in domestic oil and gas equipment, with breakthroughs in drilling, natural gas, and gas turbine generator set businesses both domestically and internationally, and its globalization strategy is gradually being implemented. The company’s diversified business is developing synergistically; its natural gas business has secured multiple large orders globally, and its gas turbine generator set business has achieved breakthroughs in North American data center orders, providing strong support for the company’s performance growth.

In the secondary market, Jereh Holdings’ stock price rose by 5.35% today, with an increase of 55.72% year-to-date.

Shunhao Holdings: The construction of the space data center by its associate company, Orbit Dawn, is divided into three phases

Shunhao Holdings was surveyed yesterday by 15 institutions including Western Securities and Taiping Assets.

During the survey, Shunhao Holdings disclosed that its associate company, Orbit Dawn, is applying for core patents including an ultra-large flat array space computing power center, a dawn-dusk orbit computing satellite, an energy system for dawn-dusk orbit computing satellites, and a space pump-driven fluid loop system. These patents are currently under public disclosure or substantive review.

Shunhao Holdings stated that it has recently signed a “Capital Increase Agreement” with various shareholders of Orbit Dawn, and after the capital increase, the company will hold a 27.8174% stake in Orbit Dawn.

It is reported that Orbit Dawn’s core business is the construction and operation of space data centers. Its space data center construction is divided into three phases: from 2025 to 2027, overcoming key technologies such as energy and heat dissipation, iteratively developing test satellites, and building the first phase of the computing constellation; from 2028 to 2030, overcoming key technologies such as in-orbit assembly and construction, reducing construction and operation costs, and building the second phase of the computing constellation; from 2031 to 2035, mass production and networking of satellites, and establishing large-scale space data centers through in-orbit docking.

Shunhao Holdings said that Orbit Dawn will accelerate technological breakthroughs, engineering construction, and application validation of space data centers, and will also participate in the compilation of the “Forward-looking Research Report on Space Computing Power Development (2026),” contributing to industry technological insights and strategic guidance.

Shunhao Holdings adheres to a strategic layout of “environmentally friendly low-carbon new materials + biomedicine,” and is one of the early domestic enterprises engaged in the research, production, and sales of special anti-counterfeiting and environmentally friendly paper.

In the secondary market, the aerospace sector performed actively today, with Hongyuan Electronics, Yingliu Holdings, and Fushun Special Steel hitting the daily limit. Shunhao Holdings closed up 3.01%, with a post-holiday increase of 7.73%.

Regarding ETF products, the Aerospace ETF (159227) rose by 1.13%, achieving five consecutive days of gains, with a trading volume exceeding 380 million yuan. Over the past ten days, it saw net capital inflows on 8 days, totaling 222 million yuan, reaching a new high since its inception and ranking first among similar funds.

(Source: Eastmoney Research Center)