Huafeng Holdings: Zero Revenue from Data Center Market in 2023 and 2024
2025-03-11 / Read about 0 minute
Author:小编   

Huafeng Holdings has disclosed that its intelligent generator sets, primarily serving as backup power solutions, are ubiquitous in various sectors including communication base stations, oil wells, banks, and mines. Furthermore, these generator sets offer emergency power backup for data centers. It's important to note that generator sets do not constitute the primary equipment in data centers or computing power services, and the scale and growth trajectory of the computing power market remain uncertain, making it challenging to forecast their precise impact on the company's operations. Historical records indicate that Huafeng Holdings has successfully bid for a total of 30 diesel generator sets in data center projects at China Unicom's Langfang and Hohhot bases. However, these projects have contributed negligibly to the company's operating revenue. Despite Huafeng Holdings' aggressive efforts to penetrate the data center market in 2023 and 2024, the company failed to secure any projects due to intense market competition and price volatility, resulting in zero revenue generation from this segment.