China Bester (SH:603220) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-10 06:43Core Viewpoint - Zhongbei Communication is strengthening its strategic layout in "5G new infrastructure + AI computing power + new energy" through capital increases in its subsidiaries, aiming to enhance its operational capabilities and market expansion [1][2]. Group 1: Capital Increase Actions - The company plans to increase capital by 360 million yuan in its subsidiary Beitong Communication Hong Kong and 150 million yuan in its wholly-owned subsidiary Anhui New Energy [1]. - The capital increase in Beitong Communication Hong Kong aims to improve cash flow and support overseas business expansion, while the increase in Anhui New Energy is intended to meet production needs and enhance operational capacity [1][2]. - This follows a previous plan to raise up to 1.922 billion yuan through a private placement, with significant allocations for intelligent computing center construction and 5G network development [1]. Group 2: Intelligent Computing Business Growth - In the first half of 2025, Zhongbei Communication's intelligent computing service business achieved revenue of 297 million yuan, a substantial year-on-year increase of 498.21% [2]. - The company currently operates a computing power scale exceeding 17,000 P, serving major clients such as Kingsoft Cloud and Qinghai Unicom [2]. - The chairman revealed plans to expand computing power by an additional 20,000 P to meet the urgent market demand for high-performance GPU clusters, with ongoing efforts to enter the Southeast Asian market [2]. Group 3: New Energy Business Development - The 150 million yuan capital increase in Anhui New Energy is aimed at enhancing production capacity and market development, focusing on lithium-ion battery manufacturing for commercial vehicles and energy storage systems [2][3]. - By the third quarter of 2025, Anhui New Energy achieved revenue of 121 million yuan, nearly doubling its total revenue of 64.87 million yuan for the entire year of 2024, indicating effective capacity release and market expansion [3]. - The company anticipates that the new energy business will become a new revenue growth point as production ramps up and the adoption of new energy commercial vehicles increases [3]. Group 4: Overall Strategic Implications - The total capital increase of 510 million yuan, combined with the ongoing 1.922 billion yuan private placement, is expected to inject continuous financial momentum into the company's three main businesses [3]. - The growth triangle of "5G new infrastructure + AI computing power + new energy" is gradually taking shape as the company expands its domestic computing clusters and overseas operations while releasing production capacity in the new energy sector [3].