Event overview:
In March 9, 2022, the official account of the NDRC published the two interpretation of the "east to West computing project series". The main points are as follows: "east to west" project is "an important starting point for realizing the key core technology independent innovation" and "effective assistance in achieving carbon target carbon neutral targets".
Reinterpretation of the strategic significance of "counting from the east to the west": localization + carbon neutralization
1) catalyzing the localization of ecology and accelerating the iteration of information innovation. Through the development planning and layout of the data center, it will help to further strengthen the localization ecology, accelerate the rapid iteration and large-scale application of "Xinchuang" products, and drive the high-quality development of the industry.
2) green development of data center and accelerate the promotion of energy-saving technology. On the one hand, "counting from the east to the west" helps to realize the complementarity between the East and the West in data resources and energy supply, and promote the green development of the data center; On the other hand, "counting from the east to the west" helps guide the data center industry to develop in the direction of clean, low-carbon and recycling, and accelerate the promotion and application of refrigeration technology and energy-saving collaborative technology.
Investment main line and beneficial object
In the theme of "counting from the east to the west", IDC enterprises benefit most directly, while enterprises related to the industrial chain, as "shovel sellers", will also benefit from IDC construction.
Localization perspective:
1) domestic server field: Dawning Information Industry Co.Ltd(603019) , Inspur Electronic Information Industry Co.Ltd(000977) .
2) domestic operating system field: China National Software And Service Company Limited(600536) , Archermind Technology (Nanjing) Co.Ltd(300598) .
3) domestic CPU chip field: China Greatwall Technology Group Co.Ltd(000066) .
4) domestic GPU graphics card field: Changsha Jingjia Microelectronics Co.Ltd(300474) .
Localization + carbon neutralization: old player of haiguang chip server + leader of server liquid cooling technology Dawning Information Industry Co.Ltd(603019) .
Risk tips
The progress of "counting from the east to the west" is less than expected; The market demand is less than expected; The intensification of competition in the industry has led to the decline of enterprise profitability.
