CHINA TUNGSTEN HIGHT(SZ:000657) Xuan Gu Bao·2025-11-05 10:46Group 1 - Institutional investors bought a total of 34 stocks today, with a net purchase of 23 stocks and a net sale of 11 stocks [1] - The top three stocks with the highest institutional purchases were: Zhongtung High-tech (337 million), Dawei Co., Ltd. (148 million), and Zhongfu Circuit (144 million) [1] - Zhongtung High-tech saw a price increase of 10.01% with 2 buyers and 2 sellers [2] Group 2 - The global data center's total cost of ownership (TCO) consists of fixed investment costs (Capex) and operating costs (Opex), with the power distribution system accounting for 25%-30% of Capex and electricity costs making up 55%-60% of Opex [3] - The International Energy Agency (IEA) predicts that global data center electricity consumption will double from 2022 to 2026, indicating a growing demand for data center construction [3] - According to GMI, the global transformer market is expected to grow at a compound annual growth rate of 7% from 2023 to 2032, reaching a market size of hundreds of billions by 2032 [3]