Hong Kong Stock Market Movement | Bore Electric (01685) Surges Over 46% with the stock price more than doubling within a month. Data centers have become a core growth application scenario in the power equipment industry.

Zhitong Finance APP learned that Boer Power (01685) rose more than 46% again, with the stock price increasing over 200% in the month. As of the time of writing, it was up 31.34%, trading at HKD 0.88, with a turnover of HKD 21.59 million.

Aijian Securities released a research report stating that data centers have become a core incremental application scenario in the power equipment industry. Its development trend directly drives the growth of demand for power equipment and technological iteration. According to industry data, the global new installed capacity of data centers in 2024 has reached 14GW, and the power density per cabinet has significantly increased. This change raises higher requirements for the stability and energy efficiency of power supply in data centers, thereby promoting the expansion of application scale and accelerated technological iteration of power equipment in this scenario.

Boer Power’s interim report shows that as a leading domestic provider of one-stop high-end comprehensive distribution systems and solutions, the company has built a strong technological barrier in the field of intelligent distribution. Based on the independently developed “Huiyun” big data platform, the company provides customers with a proprietary IEM one-stop solution service, ensuring the safety and stability of power supply for data centers, and reducing energy consumption through intelligent distribution solutions, helping customers achieve sustainable development of the data center industry.