Mei Ri Jing Ji Xin Wen·2025-06-10 02:38Core Viewpoint - The domestic computing power industry has seen a significant merger between Haiguang Information and Zhongke Shuguang, which is expected to enhance the synergy within the domestic computing power supply chain, improving performance and stability while narrowing the gap with international technologies [1][2]. Group 1: Market Performance - As of June 10, 2025, the CSI Big Data Industry Index (930902) fell by 1.09%, with more stocks declining than rising. Notably, Zhongke Shuguang experienced a 10% limit-up upon resuming trading, while Shiji Information led the decline with a drop of 6.12% [1]. - The Data ETF (516000) decreased by 1.51%, with the latest price at 0.91 yuan. Over the past week, the Data ETF has seen a cumulative increase of 4.63% [1]. Group 2: Merger Details - Haiguang Information announced a stock swap merger with Zhongke Shuguang, proposing a swap ratio of 0.5525:1. The merger involves Haiguang Information absorbing Zhongke Shuguang, with Haiguang Information issuing A-shares to Zhongke Shuguang's shareholders [1]. - The swap prices are set at 143.46 yuan per share for Haiguang Information and 79.26 yuan per share for Zhongke Shuguang [1]. Group 3: Industry Insights - Huolong Securities highlighted that the merger reflects a growing trend of collaboration within the domestic computing power industry, emphasizing the integration of hardware and software to overcome traditional limitations and enhance the overall infrastructure [2]. - The CSI Big Data Industry Index includes key companies such as iFlytek, Zhongke Shuguang, Unisplendour, Inspur Information, and others, representing various sectors within the big data industry [2].