Sugon(SH:603019) 经济观察报·2026-02-10 04:17Core Viewpoint - The article discusses the recent fundraising efforts by Zhongke Shuguang (603019.SH) to raise up to 8 billion yuan, which reflects the current trends in the computing power market [2][3]. Fund Allocation - The raised funds will be allocated to three main projects: - 3.5 billion yuan for an advanced computing cluster system project focused on artificial intelligence, accounting for 43.75% of the total funds [5][6]. - 2.5 billion yuan for the next-generation high-performance AI training and inference machine project [10]. - 2 billion yuan for a domestic advanced storage system project [5]. Advanced Computing Cluster System - The advanced computing cluster system project aims to enhance AI capabilities, with a reference to the recently launched national supercomputing internet core node in Zhengzhou, which features the largest single domestic AI computing resource pool [7][6]. - The project emphasizes the need for innovative cooling and power supply systems due to the high-density computing environment, which surpasses traditional IT solutions [8]. Next-Generation AI Training and Inference Machine - The investment in the next-generation AI training and inference machine project reflects a shift in the computing power market from pure model training to inference applications [11]. - Industry insiders suggest that 2026 may be a pivotal year for the large-scale deployment of domestic super nodes in inference applications, with increasing competition among companies like Huawei and Muxi [12]. Financial Performance - In the first three quarters of 2025, Zhongke Shuguang reported a revenue of 8.82 billion yuan, a year-on-year increase of 9.68%, and a net profit of 966 million yuan, up 25.55% year-on-year [14].