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About King's Stone

King's Stone Holdings Group Limited listed on the Main Board of The Stock Exchange of Hong Kong Limited on 28 June 2019. Building on its construction services to the public and private sectors in Hong Kong — with formwork as its core — the Group has expanded into next-generation computing infrastructure. Leveraging three high-growth tracks — semiconductor storage supply, renewable energy (wind, solar and storage), and AI computing power — the Group is building a second growth curve oriented toward digital technology and artificial intelligence.

Company overview

A Main Board listed company of The Stock Exchange of Hong Kong (01943.HK), with businesses spanning construction works, infrastructure and emerging industry investment.

King's Stone Holdings Group Limited listed on the Main Board of The Stock Exchange of Hong Kong in June 2019, giving it a mature fundraising channel in the Hong Kong capital markets through which it can raise industrial development capital via equity, debt and other diversified means.

The Group's business covers construction works and infrastructure as well as three high-growth tracks: semiconductor memory, new wind-solar-storage green power and AI compute. In recent years it has clearly set out to build a second growth curve in digital technology and artificial intelligence, and has formulated a dedicated industrial investment plan.

Strategic transformation: three coordinated business tracks

The Group is strongly positioned across three strategic emerging industries — semiconductor memory supply, new wind-solar-storage green power and AI compute. The three segments share business flows, customers and coordinated hardware, forming a complete chain from hardware to energy to compute value realisation.

  • Memory hardware supply: cross-border wafer import and channel supply.
  • Green power system supply: integrated wind-solar-storage zero-carbon standalone power, keeping compute centres running around the clock.
  • Compute cluster operation: AI compute leasing, cluster networking design and operating optimisation.
  • Token Factory: standardised metering and market-based distribution of compute resources.

Roadmap: three-year dedicated investment

Funding support — A dedicated industrial investment plan allocates earmarked capital to the three business tracks over three years; leveraging our Main Board listing, we raise funds through equity, debt and other diversified channels.

Model upgrade — Adopting an integrated invest–build–operate model, we lead the pooling of capital to invest in and build compute centres, supercomputing centres, data centres and smart industrial parks, taking responsibility for solution planning, facility assembly, procurement of key equipment and subsequent operation, and recovering investment gradually through long-term operating income.

Deepening synergies — Our parallel build-out of smart energy and compute infrastructure creates synergies: green power supplies low-carbon, stable and low-cost energy to compute centres, helping to lower PUE and energy costs at data centres.

Statements on this page concerning future plans are forward-looking, subject to uncertainty and should not be relied upon as a guarantee of future performance. Operating and financial information is subject to the formal announcements published by HKEX on HKEXnews.