Events
Recently, the national development and Reform Commission, the central network information office, the Ministry of industry and information technology and the National Energy Administration jointly issued a notice, agreeing to start the construction of National Computing hub nodes in 8 places, including Beijing, Tianjin and Hebei, the Yangtze River Delta, Guangdong, Hong Kong, Macao, Dawan District, Chengdu and Chongqing, Inner Mongolia, Guizhou, Gansu and Ningxia, and planned 10 national data center clusters. So far, the overall layout design of the national integrated big data center system has been completed, and the "counting from the east to the west" project has been officially launched.
Key investment points
"Counting from the east to the west" has been fully launched, which is an important national project
"Number" refers to data, "computing" refers to computing power, that is, the processing capacity of data. "Computing from the east to the west" refers to building a new computing power network system integrating data center, cloud computing and big data, orderly guiding the computing power needs of the east to the West, optimizing the construction layout of data center and promoting the collaborative linkage between the East and the West. On September 26, 2020, the national industrial alliance of "counting East and counting West" was established in Lanzhou, Gansu Province; On May 24, 2021, the implementation plan of the computing hub of the collaborative innovation system of the national integrated big data center issued by the national development and Reform Commission, the central network information office and other four departments proposed to build the national hub node of the national integrated computing network; In February 2022, "counting from the east to the west" was officially launched, which is considered to be another major infrastructure project after the South-to-North Water Transfer, West to East power transmission and west to east gas transmission.
"Counting from the east to the west" lays the foundation for the development of digital economy
At present, science and technology has become the focus of a new round of global economic reform and the core competitiveness of the global digital economy. Up to now, the scale of China's data center has reached 5 million standard racks, and the computing power has reached 130 eflops (1.3 trillion floating-point operations per second). With the continuous promotion of digital economy and the comprehensive and continuous penetration of digital technology into all fields of society, the demand for computing power in the whole society is still very urgent, and it is expected to grow rapidly at a rate of more than 20% every year. Computing power has become an important infrastructure for national economic development. Accelerating the construction of computing power will effectively stimulate the innovation vitality of data elements, accelerate the process of digital industrialization and industrial digitization, and support high-quality economic development.
"Counting from the east to the west" optimizes resource allocation and expands effective investment
China's data centers are unevenly distributed, mostly in the eastern region. Land, energy and other resources are becoming increasingly scarce. Under the background of energy consumption and double carbon, it is difficult to continue to develop. The west is rich in renewable energy and has the potential to develop data centers and undertake the computing power needs of the East. Businesses with low network requirements such as background processing, offline analysis, storage and backup can be undertaken by the western data center. Businesses with high network requirements, such as industrial Internet, financial securities, disaster early warning, telemedicine, video call, artificial intelligence reasoning, etc., can be arranged in the eastern hub. By implementing the "counting from the east to the west" to promote the rational layout of the data center, optimize supply and demand, green intensification and interconnection, we can optimize the allocation of resources and improve the efficiency of resource use. At the same time, the data center has a long industrial chain, large investment scale and strong driving effect. Through the construction of computing hub and data center cluster, it will effectively drive the upstream and downstream investment of the industry. According to the report of Shanghai Securities News, the annual investment volume of the "east to West computing" project will reach hundreds of billions of yuan, and the pulling effect on relevant industries will reach 1:8. Civil engineering, it equipment manufacturing, information and communication, basic software and green energy supply will benefit significantly.
Industry rating and investment strategy
The implementation of the "digital computing from the east to the west" project has laid the foundation for the development of China's digital economy. At the same time, it plays an important role in stabilizing growth and promoting economic development. The industry is about to usher in rapid development, driving the demand of IDC, ICT equipment, optical module, temperature control and other subdivided industries. For computers, the benefits include basic software and hardware, data and data security, It is recommended to pay attention to Dawning Information Industry Co.Ltd(603019) , Inspur Electronic Information Industry Co.Ltd(000977) , Shanghai Baosight Software Co.Ltd(600845) , Beijing Tongtech Co.Ltd(300379) , Guangdong Aofei Data Technology Co.Ltd(300738) , Shanghai Athub Co.Ltd(603881) , Qi An Xin Technology Group Inc(688561) , Dbappsecurity Co.Ltd(688023) and give the computer industry "overweight" rating.
Risk tips
The risk that the implementation and promotion of policies are lower than expected, the risk that the development of digital economy is lower than expected, the risk of intensified market competition, the risk of macroeconomic downturn, the risk of repeated epidemics, etc.
