Artificial Intelligence▲
Yakang Shares Hit 20% Daily Limit Up in Afternoon Trading as Computing Power Leasing Concept Strengthens
The A-share computing power leasing concept rallied in the afternoon, with Yakang Shares hitting the 20% daily limit up. Ningbo Construction Engineering and Fuan Shares also hit their daily limit up, while Jingyuan Environmental Protection, Maixinlin, IAT Automobile Technology, Sitech, and Xingyun Technology were among the top gainers. Data from the Ministry of Industry and Information Technology shows that as of the end of June this year, China's intelligent computing power scale reached 2,185 EFLOPS in FP16, a year-on-year increase of 177%. Yakang Shares is a core stock in the Kimi industry chain, directly supplying AI servers to Moonshot AI and responsible for GPU computing cluster deployment and operation and maintenance. Growth in Kimi's traffic directly drives service fees and hardware orders. The company's total operating revenue in 2025 was 1.342 billion yuan, down 2.68% year-on-year, with a net loss attributable to the parent company of 142 million yuan. In the first quarter of this year, total operating revenue was 360 million yuan, up 26.87% year-on-year, and net profit attributable to the parent company was 23.7265 million yuan, up 38.61% year-on-year.