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GPU Rental603985.SH

Jiangyin Hengrun Heavy Industries Co., Ltd.

恒润股份

A wind-power forging maker that became a computing-rental player, building the Wuhu intelligent-computing centre with a planned capacity of more than 40,000P.

Headquarters
Jiangyin, Jiangsu, China
Region
Jiangsu
Founded
2003
Stage
Public
01

Overview

Jiangyin Hengrun Heavy Industries Co., Ltd. (603985.SH) was founded in July 2003 and listed on the Shanghai Stock Exchange in May 2017; it is headquartered in Jiangyin, Jiangsu. Starting as a precision-forging maker of wind-tower flanges, ring forgings, wind-power bearings, gas-turbine and nuclear-power components, it entered the AI computing-power business in 2023 through its subsidiary Shanghai Runliuchi (上海润六尺), whose team has deep cooperation with upstream GPU suppliers such as NVIDIA and H3C. Its Wuhu intelligent-computing centre delivered its first 1,000P within 50 days, targets more than 40,000P, and the company provides intelligent-computing servers, computing-centre construction and O&M, and computing-power leasing for model training and inference, selling computing-power products and services. In H1 2026 computing-business revenue was RMB 1.076 billion, 57.5% of total revenue; total revenue was RMB 1.869 billion and net profit attributable to shareholders was RMB 68.3 million, up 70.2% year on year. Chairman Ren Junlei (任君雷); general manager Zhou Hongliang (周洪亮).

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Products

4

Computing-Power Products & Services

Intelligent-computing servers and computing-power leasing for training and inference.

Intelligent-Computing Centre

Wuhu AI computing centre targeting 40,000P+ capacity.

Wind-Power Forgings & Bearings

Wind-tower flanges, ring forgings and wind-power bearings.

High-End Forgings

Gas-turbine, nuclear-power and semiconductor-equipment components.

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Highlights

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  • 01H1 2026 computing-business revenue of RMB 1.076 billion, 57.5% of total revenue.
  • 02H1 2026 net profit up 70.2% year on year to RMB 68.3 million.
  • 03Wuhu intelligent-computing centre delivered its first 1,000P within 50 days.
  • 04Chairman Ren Junlei (任君雷); SSE ticker 603985.SH.
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People

2
06

Funding

1
  1. IPO

    CNY 4.84 亿
    Source
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Events

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Not yet listed

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Related projects

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Not yet listed

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Topics

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Coverage

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Information compiled from public sources; refer to the company's official website for authoritative details.