Affected by the news of the official and comprehensive launch of the “East West calculation” project, the “East West calculation” concept sector set off a rising tide on February 21.
According to the data, on February 21, the East digital West computing index (8841550) rose 9.03%, and the computing power related sectors such as IDC index (8841279), big data index (884131) and cloud computing index (884091) all rose by more than 5%.
Image source: wind
In terms of individual stocks, 37 of the 38 constituent stocks of the East West index rose, and more than 10 stocks such as Capitalonline Date Service Co.Ltd(300846) (300846), Guangdong Aofei Data Technology Co.Ltd(300738) (300738), Beijing Topnew Info&Tech Co.Ltd(300895) (300895) rose by the limit or more than 10%.
In this regard, Ping Shuyu of the intelligent Equity Investment Department of Zheshang fund analyzed that the importance of the “counting from the east to the west” project may be equivalent to the national policy. Although it is not a new policy, it will be affected by the superposition of multiple policies, and with the policy from brewing to maturity, and then to the implementation of today’s details, it releases a strong investment signal.
the 100 billion level “counting from the east to the west” project was officially launched
According to the disk observation, among the concept stocks of Eastern digital Western computing, Capitalonline Date Service Co.Ltd(300846) closed at 20cm limit on February 21, Guangdong Aofei Data Technology Co.Ltd(300738) closed up nearly 20%, and Beijing Topnew Info&Tech Co.Ltd(300895) , Leon Technology Co.Ltd(300603) (300603) rose by more than 10%, while Shijiazhuang Changshan Beiming Technology Co.Ltd(000158) (000158), Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) (000815), Shanghaichengdiconstructioncorporationltd(603887) (603887) rose by more than 10%.
Image source: wind
While the concept sectors of Eastern digital and Western computing rose sharply, concept sectors such as data center (IDC), cloud computing, edge computing, network security and big data rose one after another. Several stocks including Hangzhou Cncr-It Co.Ltd(300250) (300250), Yimikang Tech.Group.Co.Ltd(300249) (300249), Nova Technology Corporation Limited(300921) (300921), Beijing Asiacom Information Technology Co.Ltd(301085) (301085) gained 20% of the daily limit.
Source: choice
In terms of news, on May 24, 2021, the national development and Reform Commission, the Internet Information Office, the Ministry of industry and information technology and the National Energy Administration jointly issued the implementation plan of the computing hub of the collaborative innovation system of the national integrated big data center, which proposed to support the demonstration project of “computing from the east to the west” and deepen the computing synergy between the East and the West.
Recently, the national development and Reform Commission, the central network and 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.
Ping Shuyu said that “number” refers to data, and “calculation” refers to computing power. By building a new computing power network system integrating data center, cloud computing and data, the “East West calculation” aims to orderly guide the computing power needs of the east to the west, optimize the construction layout of the data center and promote the collaborative linkage between the East and the West.
“Similar to the previous’ four major projects’ of ‘South to North Water Transfer’, ‘north to South Coal Transportation’, ‘West to East Gas Transmission’ and ‘West to East power transmission’.” Ping Shuyu pointed out, “it is expected that after the launch, it will drive about 400 billion investment in the upstream and downstream of the industry.”
Orient Securities Company Limited(600958) the research report also pointed out that according to the investment planning of Shaoguan, Guangdong, one of the top 10 national data center clusters, the investment scale of “counting from the east to the west” will reach hundreds of billions of Yuan like “South-to-North Water Transfer” and “west to East power transmission”.
in the early stage of construction, the new infrastructure sector welcomed the good
As for the investment opportunities that may be brought by the project, Ping Shuyu believes that at present, the project is still in the early stage of project construction, and the new infrastructure sector involved belongs to the cutting-edge sector of the national strategy, which can be focused on.
The investment opportunities in the industrial chain of “counting from the east to the west” project are not a “flash in the pan” under the hot spot. With the implementation and completion of key node projects, future industrial upgrading and supporting facilities will bring potential investment opportunities and have long-term investment value. Ping Shuyu further pointed out.
Specifically, Ping Shuyu suggested that during the project construction period, investment opportunities can focus on IDC industrial chain, such as leading industries of data center, water cooling, energy storage and other fields; Secondly, we can pay attention to upstream and downstream industries, such as servers and optical modules in communication; Finally, in the later stage of the project, we can pay attention to the partial application sectors, such as operation and maintenance, cloud computing, network security, power, energy, etc.
Huatai Securities Co.Ltd(601688) in the research report, it is pointed out that the full start of computing from the east to the West means that digital infrastructure ushers in a triple logical resonance of long-term (Technology) + medium-term (prosperity) + short-term (Policy). It is recommended to focus on the data center and its upstream servers, optical modules, base station equipment and its upstream PCB (printed circuit board).
Orient Securities Company Limited(600958) it is recommended to pay attention to Dawning Information Industry Co.Ltd(603019) (603019), Inspur Electronic Information Industry Co.Ltd(000977) (000977), China Greatwall Technology Group Co.Ltd(000066) (000066), Digital China Group Co.Ltd(000034) (000034), Jiangsu Eazytec Co.Ltd(688258) (688258).
the data center industry chain meets the spring breeze
In fact, since February 17, the number of research reports released by securities companies around “counting East and counting West” has been nearly 100. Among them, the data center industrial chain in the new infrastructure sector is particularly favored by securities companies.
China Securities Co.Ltd(601066) securities research report pointed out that the 10 national data center clusters are more new projects, and most of the previously issued energy consumption indicators and the investment plans of relevant IDC companies in other regions may continue to be implemented (the existing IDC suppliers have relatively few plans in the above 10 regions), which is good for IDC to build the industrial chain.
As for the benefit links, Tianfeng Securities Co.Ltd(601162) the research report points out that not only the backbone enterprises in the head of the data center are expected to usher in new opportunities for development, on the one hand, the demand for data center construction, operation and maintenance, as well as network equipment, transmission equipment, temperature control and heat dissipation, UPS power supply and other supporting equipment in the data center is expected to continue to grow; On the other hand, in order to optimize the communication network structure and improve the network transmission quality, the telecommunications network links such as transmission network equipment, optical fiber cables and optical modules are also expected to meet the incremental demand.
However, according to China Securities Co.Ltd(601066) securities, not all links of the industrial chain directly benefit from “counting from the East and counting from the west”. In the research report, it pointed out that the 10 national data center clusters planned by “East digital West computing” are more an overall planning for the geographical layout of the data center and a supply side reform of the data center industry. It will not increase the demand for servers, memory, data communication switches and data communication optical modules because of the construction of more data centers and the provision of more cabinets.
“However, if the national data center cluster construction promotes local governments, state-owned enterprises, other large and medium-sized enterprises to accelerate the cloud, as well as the National Computing hub nodes, if the national big data and computing network will be deployed uniformly, it may stimulate the demand for these devices.” China Securities Co.Ltd(601066) securities added.
In terms of investment targets, Dongguan Securities pointed out that the promotion of “counting East and counting West” is expected to further stimulate the investment in the upstream and downstream of the data center industrial chain. It is suggested to pay attention to relevant companies in the industrial chain, such as Inspur Electronic Information Industry Co.Ltd(000977) (000977), Dawning Information Industry Co.Ltd(603019) (603019), China Greatwall Technology Group Co.Ltd(000066) (000066), Unisplendour Corporation Limited(000938) (000938), Shanghai Baosight Software Co.Ltd(600845) (600845), Shanghai Athub Co.Ltd(603881) (603881).
Soochow Securities Co.Ltd(601555) is also optimistic about IDC infrastructure supporting equipment, and it is recommended that investors pay attention to Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) (603912), Shenzhen Envicool Technology Co.Ltd(002837) (002837); Tianfeng Securities Co.Ltd(601162) is optimistic about IDC operation and maintenance related targets, such as Runjian Co.Ltd(002929) (002929).
