Affected by the peripheral market, the domestic market opened low and went low in the morning, but there were several directions to strengthen against the trend, of which the concept of computing power rose by nearly 7%, and the data center and cloud computing sectors rebounded collectively.
Specific stocks set off a rising tide, Yimikang, Capital Online 20CM rose sharply, Aofei data rose by more than 12%, Nanling Technology, Ningbo Construction Engineering, Zhizhen Technology, Zhenshitong, Yanhua Intelligence, Insigma and other data-related stocks collectively rose and stopped. Inspur Information and Zhongke Shuguang rose more than 5% to follow.
On the news side, the National Development and Reform Commission and other departments officially released the news on the 17th, agreeing to start the construction of national computing power hub nodes in 8 places such as Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area, Chengdu-Chongqing, Inner Mongolia, Guizhou, Gansu, and Ningxia, and planned 10 national data center clusters. At this point, the national integrated big data center system has completed the overall layout design, and the "East Number West Calculation" project has been officially launched.
(Data source: network, east number west calculation layout map)
The so-called "east number west calculation", "number" refers to the data, "calculation" refers to the computing power, the data transmission from the east to the west for calculation and processing, just like the south-to-north water diversion, west-to-east power transmission similar projects.
However, the economic driving role of the East Counting And West Calculation Project will greatly exceed that of these "predecessors". Some authoritative institutions and experts estimate that the annual investment volume of the "East Number West Calculation" project will reach hundreds of billions of yuan, and the industrial pull effect will reach eight times.
In recent years, the scale of data centers has expanded rapidly, which has put forward higher requirements for land, energy and other conditions. The resources in the eastern region, especially in the first-tier cities, are relatively tight, and both land resources and power resources are stretched thin.
The western region, on the other hand, has energy and land. Therefore, it is possible to transfer data from the east to the west for storage and computing in a manner similar to the south-to-north water diversion and west-to-east power transmission, so as to realize the scheduling of storage resources in different places, effectively reducing operating costs and additional profits.
In the digital era, the computing power gap has gradually increased. According to the "White Paper on the Development of the Advanced Computing Industry" released by CCID Think Tank, a subsidiary of the Ministry of Industry and Information Technology, the global demand for AI testing will double every 3.5 months, far exceeding the current growth rate of computing power. With the comprehensive and continuous penetration of digital technology into all fields of economy and society, the demand for computing power in the whole society is expected to continue to grow rapidly at a rate of more than 20% per year.
On the other hand, stable growth is the current key task, and the top level proposes to "moderately advance the layout of major infrastructure" and accelerate the construction progress of major projects around "two new and one heavy". The direction of infrastructure development in 2022 can be summarized as "making up for shortcomings" and "promoting upgrading", the former is mainly reflected in urban renewal actions, and the latter is mainly reflected in new infrastructure and green infrastructure. The new infrastructure includes 5G, data centers, and industrial Internet-related directions.
Guolian Securities believes that the demand for computing power in the whole society is still very urgent, and it is expected to continue to grow rapidly at a rate of more than 20% per year. Up to now, the scale of continental data center has reached 5 million standard racks, and the total investment scale is about 500-750 billion yuan according to the investment of 100,000-150,000 yuan per standard rack. "Counting east and counting west" involves central enterprises such as 4 cities, 8 provinces and 2 districts and three major telecom operators, assuming about 50 demonstration projects, driving about 100 billion yuan of investment scale. The "East Digital West Computing" project will focus on supporting innovative content such as green data centers (green energy saving, renewable energy and energy storage), efficient scheduling of computing power (cloud computing), and controllable computing power innovation (domestic basic software and hardware, cloud platform, big data analysis). The "East Counting West Calculation" project will drive the demand opportunities for data center operations and the supply of civil engineering, IT equipment manufacturing, information and communication, basic software, and green energy supply in the data center operation and its industrial chain.
Shenwan Hongyuan believes that the digital economy configuration is optimized, and the hardware cloud network benefits for a long time. The agency believes it can focus on three directions. First, for the IDC industry chain, it means classification, hierarchical development, both mathematics and calculations, focusing on the head of professional manufacturers. Second, the equipment industry chain means that the demand for continuous increment is the strengthening of the logic of the main line of traffic since 2020, and the investment side is guaranteed, which is also the base of the digital economy! Third, for operators, the most important holders of cloud network resources will be reflected in the growth of traditional pipeline services and government-enterprise + innovation services.
CITIC Securities pointed out that previously, the mainland has successively issued a number of policies to plan the intensive, large-scale and green development of data centers. As a representative of the new infrastructure, the data center industry chain is long, the coverage is wide, and the driving effect is strong, and it is expected to fully benefit from the promotion of the "East Number West Calculation" project. It is recommended to focus on operators, computer room temperature control, ICT equipment & optical modules, optical communications, IDC and other subdivision industry leaders