Zhong Guo Xin Wen Wang·2025-09-10 08:47Group 1 - The core viewpoint is that the surge in stock prices of companies Xin Yiseng, Zhongji Xuchuang, and Tianfu Communication, collectively referred to as "Yizhongtian," is driven by the rising demand for computing power in the artificial intelligence (AI) sector, particularly through the adoption of CPO (Co-Packaged Optics) technology [1][4][8] - Xin Yiseng's stock price has increased over five times, Zhongji Xuchuang over four times, and Tianfu Communication over three times since April 2025 [1] - CPO technology is crucial for achieving breakthroughs in optical communication modules, enabling lower power consumption, smaller size, and faster transmission, thus serving as the "highway of computing power" in the AI era [1][3] Group 2 - The demand for computing power is surging due to the rapid development of AI technology, with data centers requiring higher transmission efficiency as traditional copper transmission approaches physical limits [3][6] - According to Yole, the CPO market is projected to grow from $46 million in 2024 to $8.1 billion by 2030, with a compound annual growth rate of 137% [3] - In the first half of 2025, Xin Yiseng reported revenue of 10.437 billion yuan, a year-on-year increase of 282.64%, and a net profit of 3.942 billion yuan, up 355.68% [3] Group 3 - The explosive demand for computing power is supported by strong policy backing for AI development in China, with the State Council's action plan aiming for deep integration of AI across six key sectors by 2027 [7][8] - The Chinese large model industry has established a complete structure from foundational layers to application layers, with domestic open-source models rapidly developing and narrowing the performance gap with international counterparts [7][8] - China is building a full-chain advantage in the AI field, with significant positions in the global optical module market and ongoing advancements in both hardware and software [8]