China Stock of the Day | Kabutaro & Friends

Beijing Orient New Energy<002310>, formerly Beijing Orient Landscape, a new energy company entering the computing power service business, was the Chinese stock most talked about online on November 10, 2026.
Background: On the evening of November 9, the company announced that it had signed a contract, through a wholly owned partnership, to purchase GPU computing boards from a distributor for a total of about 912 million yuan (tax included). It plans to build a high-performance computing cluster for AI inference, model fine-tuning and graphics rendering. However, the company said its computing power service business is at an early stage, with no revenue or confirmed customer orders yet, and that the financial impact cannot be estimated. It also warned that GPU supply is unstable and the contract may not be fully performed. Following limit-up moves on the 6th and 9th, the stock was locked limit-up from the open again on the 10th, marking its third consecutive limit-up at 2.81 yuan, with a market capitalization of about 16.858 billion yuan. Unfilled buy orders at the limit price exceeded 1.3 million lots.