market main line
Today, the two cities continue to fluctuate, among which the weight adjustment led by Contemporary Amperex Technology Co.Limited(300750) , Kweichow Moutai Co.Ltd(600519) and China stock market news is a major factor to suppress the market. On the sector, the "stabilizing the economy" sector continues to be strong, especially the "counting East and west" stimulated by favorable policies, which belongs to the category of new infrastructure.
In addition, close to the two sessions, market funds have higher expectations for policies in the direction of new infrastructure, pension and three child early education / nursery education. The relevant low-level stocks have a short-term speculation market, but the policies related to "stabilizing the economy" are expected to get greater opportunities.
hot topics - counting from the east to the West
After the official launch of the East West calculation last week, it broke out again today, and there was a limit tide in the sector.
Over the weekend, giants such as Huawei, Tencent, Alibaba, China Telecom Corporation Limited(601728) and China Mobile were reported to be involved in relevant engineering construction. The article last week had been interpreted in advance:
Western China is rich in renewable energy such as wind power and photovoltaic, and the national new energy base is also under construction. However, at present, China's data centers are generally distributed in the East, and data computing needs to consume a lot of power resources. Due to the shortage of land and electric energy, the data from the East will be migrated to the West with energy advantages for computing, It can solve the energy shortage in the East accordingly.
The "counting from the east to the west" project will lay out the national hub nodes of the national integrated computing network in Beijing, Tianjin and Hebei, the Yangtze River Delta, the Great Bay area of Guangdong, Hong Kong and Macao, Chengdu and Chongqing, Guizhou, Inner Mongolia, Gansu, Ningxia and other places, and relevant data center manufacturers are expected to benefit from the policy dividend.
"Counting from the east to the west" refers to transmitting the data from the east to the West for calculation and processing, which is similar to the South-to-North Water Transfer and west to East power transmission. It is another important strategic project in China. It is estimated that the annual investment volume of the project will reach hundreds of billions of yuan, the pulling effect on relevant industries will reach 1:8, and the scale of industrial effect will reach trillion. Relevant new infrastructure projects are not only conducive to steady growth and revitalization of the industrial economy this year, but also to overall optimize the layout, promote the accurate development of the data center, and effectively drive the upstream and downstream investment of the industry.
This time, more detailed provisions are put forward on the energy consumption index, shelf rate and network service quality of the data center, allowing moderate concentration, promoting the integration of data center intensification and technological innovation, and avoiding unilateral control of energy consumption, In December last year, the national development and Reform Commission issued the implementation plan for implementing the requirements of carbon peak and carbon neutralization goal and promoting the green and high-quality development of new infrastructure such as data centers and 5g, which mentioned that the average power utilization efficiency of new large and super large data centers across the country should be reduced to less than 1.3 and the national hub nodes should be reduced to less than 1.25, The utilization rate of the western data center has increased from 30% to more than 50%.
In 2021, the average pue (energy consumption level index) of the national data center was 1.49 According to regional statistical analysis, the average pue of data centers in North and East China is close to 1.40, and the average pue of data centers in central and South China is close to 1.60 due to geographical location, shelf availability and various factors, so there is still much room for improvement.
Chinese Tencent, byte jump and other enterprises have strong technical advantages. In addition, head companies such as Beijing Sinnet Technology Co.Ltd(300383) , Shanghai Athub Co.Ltd(603881) , Shanghai Baosight Software Co.Ltd(600845) , Guangdong Aofei Data Technology Co.Ltd(300738) have long cooperated with industrial giants and have certain advantages in energy consumption control. For example, pue of some businesses of Shanghai Baosight Software Co.Ltd(600845) , Shanghai Athub Co.Ltd(603881) and Beijing Sinnet Technology Co.Ltd(300383) have been controlled below 1.5.
Logically, the biggest change this time comes from the relocation of the data center to the West and the more stringent temperature control required by the new indicators. In the medium term, relevant enterprises of temperature control system, liquid cooling and heat dissipation and integrated service providers will benefit more.
(risk warning: there are risks in the stock market, so investment should be cautious. The above contents are only for investors' reference and are not used as the basis for investment decision-making.)
