Event: new progress has been made in the development of Digital Economy: 1) the project of “counting from the east to the west” has been officially launched; 2) In the bid opening of China Mobile’s centralized procurement, Kunpeng server won the bid, accounting for about 19.48% of the overall bidding volume.
Key investment points
The project of “counting from the east to the west” has been officially launched in an all-round way, which will drive the effective investment of upstream and downstream: the national development and Reform Commission predicts that the demand for computing power of the whole society will still grow rapidly at a rate of more than 20% every year, and the rack scale of data centers will reach 18 million by the end of the 14th five year plan. Through the “counting from the east to the west” project, the proportion of the total amount of data centers in the East will be reduced from 60% to about 50%, and the proportion of data centers in the West will be increased from 10% to about 25%, so as to realize the construction of a national integrated big data center system. With the construction of computing hub and data center cluster, we expect to drive social investment of more than 400 billion yuan per year.
For the infrastructure of digital economy, East digital West computing has opened the curtain of policy relay. We expect more policies related to digital economy to be launched in the future.
China Mobile’s bidding Kunpeng accounted for nearly 20%, boosting Kunpeng’s confidence in computing Ecology: from 2021 to 2022, China Mobile’s centralized acquisition of PC server Kunpeng chips accounted for 19.48%, haiguang chips accounted for 10.49%, and the number of domestic CPU machines accounted for 30%, higher than the previous localization proportion of 20%. This time Kunpeng won the bid, which boosted Kunpeng’s confidence in computing ecology and increased the certainty of Kunpeng’s return.
It is suggested to pay attention to the beneficiary objects of “East digital West computing”: servers and chips: Dawning Information Industry Co.Ltd(603019) , Digital China Group Co.Ltd(000034) , China Greatwall Technology Group Co.Ltd(000066) ; Information security: Westone Information Industry Inc(002268) . Kunpeng benefits: Digital China Group Co.Ltd(000034) , Beijing Vastdata Technology Co.Ltd(603138) , Beijing Tongtech Co.Ltd(300379) .
Risk warning: industry competition intensifies; Covid-19 epidemic brought about the overall economic downturn.
