(Yicai) Dec. 13 -- Shares of Shanghai Hyp-Arch Architectural Design Consultant climbed after it said a unit has secured the exclusive rights to run energy management projects at China's northern Caofeidian Port.

After surging by as much as 12.9 percent in Shenzhen today, Hyp-Arch [SHE: 301024] finished 4.3 percent up at CNY30 (USD4.19) a share. The stock has gained 38 percent since the end of last year. 

Shanghai Hyp Poch New Energy has signed a deal with the Caofeidian Port logistics park management committee to build wind power facilities, a low-carbon data center, and a power supply management platform in the port area, Hyp-Arch said late yesterday. The unit will also provide related services at the port after completing the projects, it added.

Hyp Poch and a port property management company owned by the local government will form two joint ventures to invest, build, and operate the projects, Hyp-Arch noted.

Hyp Poch will take a 90 percent stake in the wind power JV, which will invest in building distributed power plants at the port terminals. The venture will have an initial 500-megawatt generation capacity, which will give priority use to the port area.

Hyp Poch will also have a 65 percent stake in the port services JV responsible for building and running the China-Russia International Carbon Sinks Data Center, including systems for managing carbon in port operations, shore power payment, and other energy-saving and efficiency projects in the port area.

The projects will help promote Hyp-Arch's shift to green and low-carbon construction as a green energy integrated services provider, taking advantage of the green and low-carbon development of the Caofeidian Port, it said, without disclosing the size of the investment or construction schedule.

The Caofeidian Port in Bohai Bay is one of China's largest seaports handling iron ore imports. Shougang Group, one of the country's leading steel producers, relocated from Beijing to the Caofeidian area early this century.

Editor: Martin Kadiev