Recently, the national development and Reform Commission and other departments jointly issued the implementation plan for implementing the goal of carbon peak and carbon neutralization and promoting the green and high-quality development of new infrastructure such as data center and 5g. It is proposed that by 2025, the data center and 5g will basically form a green and intensive integrated operation pattern.
Strengthen overall layout and improve computing power and energy efficiency. In the planning and construction of infrastructure, 5g network construction shall be considered, and 5g network co construction, sharing and different network roaming shall be carried out. Promote the application of self controlled 5g network low-power products, and promote the withdrawal, upgrading and transformation of old high-energy consumption equipment We will resolutely avoid the blind and disorderly development of data centers, and guide small and scattered data centers with low utilization, high energy consumption and poor efficiency to retire and upgrade. We will promote “counting from the east to the west” and support the transfer of non real-time computing power demand from the east to the West.
Innovate energy-saving technology and optimize energy-saving mode. Accelerate the promotion and application of energy-saving 5g base stations, support the tackling of high-efficiency and energy-saving technologies such as silicon carbide RF devices, and reduce the energy consumption of base station equipment. Support the data center to adopt new computer room precision air conditioning, liquid cooling and other advanced equipment, and promote energy-saving technology of refrigeration system. It is encouraged to explore the use of special geographical conditions to develop the data center and promote energy conservation and consumption reduction of the data center according to local conditions.
Use green energy to promote transformation and upgrading. Support the large-scale promotion and application of modular hydrogen battery and Cecep Solar Energy Co.Ltd(000591) board room in small or edge data centers. Encourage the use of renewable energy such as wind energy and Cecep Solar Energy Co.Ltd(000591) in combination with new technologies such as energy storage and hydrogen energy. We will promote traditional industries such as coal, steel and cement to speed up the pace of “using numbers to enrich wisdom” in the cloud, so as to save costs and reduce consumption. Encourage energy rich areas in the west to develop industries such as data processing, data cleaning and data content services locally, and transform the “watt” industry into a “bit” industry to achieve green development.
We believe that under the background of carbon peak and carbon neutralization, the state has put forward higher requirements for the average power utilization rate of the data center, and speed up the gradual transformation, retirement and liquidation of the high energy consumption data center. Due to the very large power consumption of the data center, the traditional development model must be unsustainable, and the pattern of the whole IDC may be reshaped. At the same time, the state strengthens overall planning, promotes “counting from the east to the west”, supports the data center to adopt advanced energy-saving technologies such as precision air conditioning and liquid cooling, reduces relevant energy consumption, and promotes the upgrading and transformation of relevant refrigeration equipment. The upstream refrigeration and temperature control industry is expected to continue to benefit and promote the development of precision temperature control industry. It is recommended to pay attention to Shenzhen Envicool Technology Co.Ltd(002837) .
Market review:
This week (2021.12.06-2021.12.10), the Shanghai Composite Index, Shenzhen Component Index and gem index increased by 1.63%, 1.47% and – 0.34% respectively, and the Shenwan communication index increased by – 0.41%, ranking 23rd among Shenwan’s 28 primary industries. The performance of individual stocks in the communication sector this week:
The top five stock price increases are: Hebei Sinopack Electronic Technology Co.Ltd(003031) , Hengxin Shambala Culture Co.Ltd(300081) , Zjbc Information Technology Co.Ltd(000889) , Yealink Network Technology Co.Ltd(300628) , Wenzhou Yihua Connector Co.Ltd(002897)
The top five stock price declines are: Tongding Interconnection Information Co.Ltd(002491) , Advanced Fiber Resources (Zhuhai) Ltd(300620) , Jiangsu Etern Company Limited(600105) , Suzhou Tfc Optical Communication Co.Ltd(300394) , Shenzhen Neoway Technology Co.Ltd(688159)
Investment strategy: with the continuous coverage of 5g network and the development of 5g applications such as high-definition video and VR games, the penetration of 5g in C-end users is expected to be further improved in the future, which will drive the improvement of operator Arup value. In the future, operators are less likely to grab users by launching a price war. Instead, they will improve user stickiness by providing more high-quality and differentiated services. It is recommended to pay attention to the investment opportunities of main equipment manufacturers and operators. It is recommended to pay attention to: Zte Corporation(000063) , China Mobile, China Telecom Corporation Limited(601728) (A & H), China United Network Communications Limited(600050) (A & H).
Risk tip: the development of 5g is not as expected, the Sino US trade friction has further escalated, and the epidemic has further spread.
