Shaling Data Park | Runze Technology: Intends to raise funds through mainland public REITs

SighingCashier · 2026-03-28T06:15:55+00:00

Runze Technology launches an AI infrastructure project in Sha Ling, Hong Kong, with plans to raise funds through public REITs. The project will utilize advanced technology to support AI applications, with an investment of 23.8 billion yuan expected within three years, increasing computing power to 36 times the current capacity. The Hong Kong government will also concurrently support the project's progress.

SighingCashier

2026-03-28 06:15:55

Abstract generation in progress

The AI infrastructure project Shaling Data Park, won by Runze Technology (300442.SZ) through Runze (Hong Kong), officially commenced today. Runze Technology’s Chairman Zhou Chaonan stated that Hong Kong is a reservoir of excellent institutions and talent, making it “a very good place,” which is why they chose Hong Kong and Shaling, hoping to build Shaling into a high ground for innovation and technology through their efforts.

Regarding the source of funding, Zhou Chaonan expressed the intention to utilize public REITs (Real Estate Investment Trusts) from the mainland for fundraising. Public REITs securitize fixed assets that are already in operation, and Runze Technology is one of the first companies in the mainland to issue public REITs, having advanced in this field. “We have already constructed more than 30 such data centers in China, so we have relatively ample funds.”

When asked about plans to list in Hong Kong, she responded, “We hope so.”

Runze Technology’s President Li Li mentioned in a speech that the Shaling Data Park project adopts a globally leading integrated architecture and liquid cooling technology, specifically designed for AI scenarios such as trillion-level large model training, autonomous driving, and biomedicine research and development, providing full-stack support from computing power to algorithms. In the future, Runze Technology will also collaborate with Hong Kong enterprises to actively cultivate the industrial ecosystem in AI algorithm development and application scenarios.

Sun Dong: Government task force officially starts operations simultaneously

The Secretary for Innovation and Technology, Sun Dong, stated that with the commencement of the Shaling Data Park, the government task force has officially started operations. The main goal is to ensure that government approvals and surrounding infrastructure needs can be addressed promptly during the project process to efficiently advance the project.

The total floor area of the Shaling Data Park is 250,000 square meters, with nearly 90% allocated for high-end data centers, and it is expected to be operational within 42 months. The investment amount in the first three years is expected to reach 23.8 billion yuan, and by 2032, its computing power scale is expected to reach 180,000 PFLOPS, equivalent to 36 times the existing computing power in Hong Kong.

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