Under the main line of steady growth, the new infrastructure is the focus of development. “East West computing” determines the main tone of development: “East West computing” is to guide the computing demand of the east to the West in an orderly manner, optimize the construction layout of the data center and promote the collaborative linkage between the East and the west by building a new computing network system integrating data center, cloud computing and big data. In February this year, 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.
At present, the construction of “counting from the east to the west” has achieved initial results, and the future can be expected: at present, according to the data of the national development and Reform Commission, 25 new projects have been started in the 10 national data center clusters in China since this year, the scale of the data center has reached 540000 standard racks, and the computing power is more than 135 billion floating point operations per second, which is about the computing power of 27 million personal computers, driving the investment of more than 190 billion yuan in all aspects. It is particularly worth mentioning that the investment in the western region has increased six times over the same period last year, and the overall investment shows a good trend of transferring from east to west. Looking forward to the future, according to the policy plan of “counting from the east to the west”, it is expected that during the 14th Five Year Plan period, the investment in big data center will increase by more than 20% every year, and the cumulative investment in all aspects will exceed 3 trillion yuan. The overall development space is huge and the future can be expected.
“East digital West computing” will further drive the upstream and downstream investment of the data center, and the policy guidance will further stimulate the enthusiasm of private investment in the field of new infrastructure: the industrial chain of the data center is huge, involving many fields such as upstream hardware equipment (such as it equipment, network equipment, air conditioning / power supply equipment), optical modules, optical devices and midstream IDC manufacturers. With the continuous promotion of “East digital West computing”, all links of the industrial chain are expected to benefit fully. In addition, the national development and Reform Commission also stressed the need to further stimulate private enthusiasm in the field of new infrastructure in the future: 1) further relax the access areas and reduce the investment threshold; 2) Increase credit support, innovate financial instruments and broaden financing channels; 3) Optimize the business environment and support enterprises to carry out technological innovation and business model innovation in the field of new infrastructure. Overall, the overall prosperity of the data center industrial chain is high.
Investment suggestion: we are firmly optimistic about the data center industrial chain. Recommend Eoptolink Technology Inc.Ltd(300502) , Zhongji Innolight Co.Ltd(300308) , Broadex Technologies Co.Ltd(300548) ; Recommend Suzhou Tfc Optical Communication Co.Ltd(300394) , Optowide Technologies Co.Ltd(688195) , Advanced Fiber Resources (Zhuhai) Ltd(300620) ; It is suggested to pay attention to Kehua Data Co.Ltd(002335) , Guangdong Aofei Data Technology Co.Ltd(300738) , Capitalonline Date Service Co.Ltd(300846) , Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) , Beijing Sinnet Technology Co.Ltd(300383) , Shanghai Athub Co.Ltd(603881) ; It is suggested to pay attention to Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) , Black Peony (Group) Co.Ltd(600510) , Shenzhen Envicool Technology Co.Ltd(002837) ; It is suggested to pay attention to runjian shares in the field of data center operation and maintenance.
Risk tip: the construction progress of “counting from the east to the west” is less than expected, and the downstream demand is less than expected
