--- title: "Understanding the Market | CHONGQING M&E rose over 5%, with annual net profit attributable to the parent company increasing by 76.9%. The company is expected to benefit from the expansion of the diesel generator industry" type: "News" locale: "en" url: "https://longbridge.com/en/news/280248162.md" description: "CHONGQING M&E rose over 5%, as of the time of writing, up 5.39%, reported at HKD 2.54, with a trading volume of HKD 20.6406 million. In terms of news, recently, CHONGQING M&E released its annual performance report for the year ending December 31, 2025, showing total operating revenue of RMB 10.044 billion (same unit below), an increase of 11.87% year-on-year; net profit attributable to the parent company was RMB 764 million, an increase of 76.9% year-on-year; earnings per share were RMB 0.21. Zheshang Securities previously pointed out that self-built power stations in North American data centers have become a trend, with an explosive demand for diversified power generation solutions driven by the unexpected growth of global AI development, leading North American tech giants to significantly revise their capital expenditures for 2026, ushering in a period of rapid development for AIDC construction. However, the U.S. power grid faces the triple challenges of aging infrastructure, long grid connection cycles, and significant power shortages. Coupled with Trump's policy direction requiring tech giants to build their own power stations, the main power source for U.S. AIDC is shifting from reliance on the public grid to self-built power stations, leading to an explosive demand for on-site power generation solutions such as gas turbines, aviation modified fuels, internal combustion engines, and SOFCs, with diesel generation also benefiting from the industry's expansion" datetime: "2026-03-24T03:08:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280248162.md) - [en](https://longbridge.com/en/news/280248162.md) - [zh-HK](https://longbridge.com/zh-HK/news/280248162.md) --- # Understanding the Market | CHONGQING M&E rose over 5%, with annual net profit attributable to the parent company increasing by 76.9%. The company is expected to benefit from the expansion of the diesel generator industry According to Zhitong Finance APP, Chongqing M&E (02722) rose over 5%, up 5.39% as of the time of writing, priced at HKD 2.54, with a transaction volume of HKD 20.6406 million. In terms of news, recently, Chongqing M&E released its annual performance report for the year ending December 31, 2025, showing total operating revenue of RMB 10.044 billion (same unit below), an increase of 11.87% year-on-year; net profit attributable to the parent company's owners was RMB 764 million, an increase of 76.9% year-on-year; earnings per share were RMB 0.21. Zhejiang Merchants Securities previously pointed out that self-built power stations in North American data centers have become a trend, with a surge in demand for diversified power generation solutions driven by the unexpected growth of global AI development, leading North American tech giants to significantly revise their capital expenditures for 2026, ushering in a rapid development period for AIDC construction. However, the U.S. power grid faces the triple challenges of aging infrastructure, long grid connection cycles, and significant power shortages. Coupled with Trump's policy direction requiring tech giants to build their own power stations, the main power source for U.S. AIDC is shifting from reliance on the public grid to self-built power stations, leading to a surge in demand for on-site power generation solutions such as gas turbines, aviation modified fuels, internal combustion engines, and SOFCs, with diesel generation also benefiting from industry expansion ### Related Stocks - [02722.HK](https://longbridge.com/en/quote/02722.HK.md) ## Related News & Research - [Chongqing Machinery & Electric Reshapes Subsidiary Ownership via RMB270 Million Capital Injection](https://longbridge.com/en/news/287425219.md) - [The Value Chain Restructuring of Hong Kong Tech: Platforms, Aggregators, and AI Infrastructure](https://longbridge.com/en/news/290204136.md) - [Fullshare publishes 2025 annual report](https://longbridge.com/en/news/290958118.md) - [Trump climate pushback spurs courtroom battles, report says](https://longbridge.com/en/news/290807869.md) - [Zhuzhou CRRC Times Electric names Li Donglin chairman, Xu Shaolong CEO](https://longbridge.com/en/news/290957744.md)