8月22日，黑牡丹（维权）盘中上涨2.02%，截至09:39，报7.58元/股，成交3807.06万元，换手率0.49%，总市值78.23亿元。 资金流向方面，主力资金净流出103.48万元，特大单买入300.65万元，占比7.90%，卖出151.98万元，占比3.99%；大单买入99.07万元，占比2.60%，卖出351.22万元，占比9.23%。 黑牡丹今年以来股价涨60.29%，近5个交易日涨14.16%，近20日涨39.08%，近60日涨56.00%。 资料显示，黑牡丹(集团)股份有限公司位于江苏省常州市青洋北路47号，成立日期1993年5月28日，上市日期2002年6月18日，公司主营业务涉及城镇化建设业务、纺织服装业务和产业投资业 黑牡丹所属申万行业为：房地产-房地产开发-住宅开发。所属概念板块包括：小盘、东数西算、超级电容、创投、融资融券等。 机构持仓方面，截止2025年3月31日，黑牡丹十大流通股东中，香港中央结算有限公司位居第五大流通股东，持股696.91万股，相比上期增加270.13万股。南方中证房地产ETF发起联接A（0 责任编辑：小浪快报 截至3月31日，黑牡丹股东户数3.23万，较上 ...

中国经济网庆阳8月22日讯（记者 朱晓航）整齐排列的数据机柜高速运转，闪烁的指示灯背后，是海量 数据的实时流动，源自庆阳的算力被源源不断输送到全国各地。在陇东黄土高原上，一座数字产业新城 正悄然崛起。 正在运行 作为国家"东数西算"工程八大算力枢纽节点之一，甘肃省庆阳市依托独特的区位优势、资源禀赋和完备 的法治保障，深入推进算力基础设施建设，来自全国各地的数字资源纷纷涌入。 算力澎湃，打造西部数字新高地 从无到有，由有到优。截至2025年8月，全国一体化算力网络国家枢纽（甘肃）节点庆阳数据中心集群 已建成机架数量超过3万架，智算规模达到6.6万Pflops，算力100%消纳，成为全国八大枢纽节点中增速 最快、增量最大、智算占比最高的数据中心集群，并朝着2025年"双十万"目标（10万Pflops算力、10万 架标准机架）全速迈进。 中的中国移动（甘肃.庆阳）数据中心N01新型工业化数据中心配电室。庆阳融媒供图 引来一个、带来一串、聚成一片。目前，园区已落户企业433家，聚集了一大批大数据存储、云服务、 人工智能研发等企业。中国电信庆阳算力中心上线的"息壤"算力调度平台，实现跨区域算力资源秒级调 用，算力利用率 ...

Industry Overview - The Chinese data warehouse software industry is experiencing rapid growth, with a market size projected to reach 7.784 billion yuan in 2024, representing a year-on-year increase of 13.83% [1][10] - Public cloud data warehouse software has surpassed on-premises solutions for the first time, indicating a shift towards cloud solutions as enterprises accelerate digital transformation [1][10] - The "East Data West Computing" initiative and the commercialization of 6G technology are expected to further enhance the role of data warehouse software as a core engine of the digital economy [1][10] Market Size - The market size of the data warehouse software industry in China is expected to be 7.784 billion yuan in 2024, with a growth rate of 13.83% year-on-year [10] - The public cloud data warehouse software market is gaining traction, reflecting the increasing adoption of cloud solutions by enterprises to manage growing data volumes and flexible business needs [10] Key Companies and Performance - The market for public cloud data warehouse services is highly concentrated, with the top five vendors expected to hold a combined market share of 90.2% by the second half of 2024 [12] - Major players in the public cloud segment include Alibaba Cloud, Huawei Cloud, and Tencent Cloud, leveraging their technological advantages and market resources [12] - In the on-premises market, the top five vendors are projected to account for 57.7% of the market share [12] Industry Development Trends - The integration of AI and data warehouse technologies is accelerating, with features like natural language query and intelligent optimization enhancing user experience and operational efficiency [18] - Public cloud deployment is becoming mainstream, with public cloud solutions expected to account for 50.3% of the market by the second half of 2024 [19] - The industry is witnessing a diversification in the competitive landscape, with traditional vendors focusing on vertical markets such as government and healthcare, while open-source and distributed databases are penetrating the financial and internet sectors [21]

Core Views - The market shows signs of internal divergence despite the strong performance of major indices, with the Shanghai Composite Index reaching a ten-year high [2][10] - The digital currency concept stocks are leading the market, while defensive sectors like banking and electricity are also gaining traction [10][12] - The overall market sentiment remains cautious, with a focus on the performance of the brokerage sector and trading volume as key indicators for future movements [3][11] A-Share Market Analysis - On Thursday, the three major indices opened higher, with the Shanghai Composite Index hitting a new ten-year high, but there was noticeable volatility and a late-session pullback [4][10] - The digital economy concept stocks, including cross-border payments and data rights, showed strong performance, while sectors like liquid cooling and robotics faced declines [5][7] - The trading volume remained high at 24.24 trillion yuan, indicating sustained market activity despite the mixed performance of individual stocks [6][10] Digital Economy Sector Insights - The digital economy sector is expected to continue its rapid growth, with the core industry value projected to account for 10% of GDP by 2025 [7][8] - Recent regulatory developments, such as the Ministry of Finance's guidelines on data resource accounting, are anticipated to enhance data management and promote the digital economy [7][9] - The digital economy's main themes include the digitization of traditional industries and the development of new technologies, which are expected to drive investment opportunities in the coming years [8][9] Natural Gas Hydrate Sector Developments - The hydrate concept stocks experienced significant gains following breakthroughs in methane conversion technology, which could enhance energy security and commercial viability [9] - The new catalytic system developed by Hainan University is expected to facilitate the efficient conversion of methane into methanol, presenting a promising opportunity for the clean energy sector [9]

Core Insights - The CENI (Future Network Experimental Facility) is China's first major national scientific infrastructure in the field of communication and information, officially completed this year and supporting national strategic projects like the "East Data West Computing" initiative [1][2] - The CENI has attracted over 110 organizations to participate in open experimental solicitations, resulting in more than 140 innovation trial requests across various fields, including artificial intelligence and network operating systems [2] - The Jiangsu Future Network Innovation Research Institute has successfully supported over 10 national-level projects and has received multiple international and domestic awards for its innovative achievements [1][2] Group 1 - The CENI was established in 2011 and has become a key player in advancing next-generation internet technologies [1] - The facility has a computing power scale exceeding 100,000 PetaFLOPS, showcasing its significant capabilities [1] - Recent strategic collaborations were formed with Hong Kong Broadband Group and the Nanjing Zhongshan Notary Office to promote innovation and shared resources [1] Group 2 - CENI has completed 35 out of over 100 open experiments, yielding 78 various innovative results [2] - A successful random beacon generation technology platform has been implemented at the Nanjing Zhongshan Notary Office, serving over 3,000 commercial clients [2] - The Jiangsu Future Network Innovation Research Institute aims to further promote CENI's open sharing and fulfill its national responsibilities in advancing high-level technological independence [2]

Group 1: Digital Consumption Trends - Digital consumption has transitioned from quantitative changes driven by technology penetration to qualitative changes through scenario reconstruction, highlighted by the 2025 World Robot Conference with 271,000 on-site attendees and 52 million online viewers, a 62% increase from the previous year [1] - The first E-Town Robot Consumption Festival sold 19,000 robots and related products, generating over 200 million yuan in sales [1] - The robot industry is a key support for the prosperity of digital consumption, enhancing supply efficiency and creating new demand, while AI plays a crucial role in upgrading experiential consumption needs [1] Group 2: Robotics in Various Sectors - In home service scenarios, robots are overcoming challenges in unstructured environments, performing complex tasks like folding clothes and sorting, achieving "unconscious proactive service" through embodied large models [2] - The 2025 World Humanoid Robot Sports Competition serves as a benchmark for humanoid robot capabilities, promoting advancements in movement, collaboration, and application technologies [2][3] - The first embodied intelligent robot 4S store in Beijing has become a hub for the robot industry, featuring over 200 partner brands and providing comprehensive services from sales to maintenance [3] Group 3: Consumer Engagement and Market Dynamics - The embodied intelligent robot 4S store transcends traditional retail, offering an immersive experience that redefines consumption scenarios, with a significant increase in daily customer traffic [4] - AI and AR glasses have gained strong traction in the digital consumption market, with AI smart glasses sales increasing sevenfold and AR glasses user numbers rising by 70% during the "618" shopping festival [4] Group 4: Capital and Infrastructure Support - Digital consumption is reshaping the economic landscape, supported by advancements in digital infrastructure such as 5G, which has seen a fivefold increase in base stations since 2020, reaching 4.55 million [5] - The "East Data West Computing" project exemplifies the synergy between supply and demand in the digital economy, attracting social capital to build data centers in the western regions [6] - The capital market supports digital technology enterprises through multi-level financing, with AI and consumption companies in the A-share market showing higher average price-to-earnings ratios compared to traditional retail [6]

国家能源局8月21日对外发布了7月全社会用电量，达1.02万亿千瓦时，同比增长8.6%。这是历史上首次 单月用电量突破万亿千瓦时大关，在全球也属首次。如今生产生活的方方面面都离不开电力，电力消耗 也是衡量经济活力的参考指标。 随着空调普及，即使是农村在夏天也习惯开启空调，享受空调吹出的清凉。今年夏天全国各地出现罕见 的历史高温，导致居民用电量飙升，同比增长达18%，河南、陕西、山东等省增幅甚至超过30%。 得益于持续多年新建电力产能，以及44条跨区输电通道，实现电力跨域高效调配，供电可靠率达 99.924%，并没有出现电荒或拉闸限电现象，电力系统成功应对峰值负荷考验。 电力消费大大改善了居民生活，不过工业用电才是电力消费的大头，1至7月，第二产业用电量持续回 升，其中新能源整车制造业同比增长25.7%，是其中的一大亮点。 AI的发展也让电力消耗增加，模型和运算需要消耗大量电力。我国正在发展"东数西算"，以结合我国东 部需求集中和西部能源集中的优势。 人工智能时代，Token(词元)是处理文本的最小数据单元。2024年初，我国日均Token的消耗量为1千 亿，截至今年6月底，日均Token消耗量已经突破30万亿 ...

Core Viewpoint - In the first half of 2025, Hongxin Electronics (300657) demonstrated accelerated transformation and structural improvement, achieving a revenue of 3.494 billion yuan, a year-on-year increase of 15.01%, and a net profit attributable to shareholders of 53.9931 million yuan, up 9.85% year-on-year, with a non-recurring net profit of 47.5062 million yuan, a significant increase of 705.74% [1] Group 1: Business Performance - The company's FPC (Flexible Printed Circuit) business turned profitable in a single quarter, while the AI computing power sector is gradually forming a complete ecological loop, laying the foundation for future development [1] - FPC business revenue reached 1.694 billion yuan, a year-on-year increase of 11.57%, further solidifying the company's position in the industry [1] Group 2: AI Market Opportunities - New product categories such as AI PCs and AI glasses are rapidly emerging, creating new growth opportunities, with global AI glasses shipments expected to reach 12.8 million units in 2025, and the Chinese market experiencing over 100% year-on-year growth [2] - The company has achieved mass production of FPC solutions for these cutting-edge terminals and made breakthroughs in several cooperative projects, becoming a potential driver for the company's new growth [2] Group 3: AI Computing Power Strategy - Under the "ALL IN AI" strategy, the company is focusing on "computing power hardware + overall solutions," continuously strengthening its AI computing power business layout [2] - The computing power business achieved revenue of 1.482 billion yuan, a year-on-year increase of 33.85% [2] Group 4: Infrastructure Development - As an important participant in the "East Data West Calculation" strategy, the company is advancing green computing power infrastructure construction in regions like Gansu and the East, with a planned total investment of 12.8 billion yuan for a green intelligent digital infrastructure project [3] - The company is promoting the integration of "energy + computing power" development, leveraging local abundant green electricity resources to build an efficient and low-carbon computing power foundation for the future [3] Group 5: Technological Innovations - The company has completed testing of a liquid-cooled super-node computing cabinet developed in collaboration with Suiruan Technology, capable of supporting the training of large models with over 300 billion parameters [3] - The company has also launched a "computing power container" product suitable for new energy scenarios, which can be deployed in wind and solar power bases, achieving local consumption of green electricity and shortening deployment cycles [3]

Core Insights - In July, China's total electricity consumption exceeded 1 trillion kilowatt-hours for the first time, reaching 1.02 trillion kilowatt-hours, a year-on-year increase of 8.6%, marking a significant milestone in the power industry and reflecting the vitality of the Chinese economy [2] - The increase in electricity consumption was driven by multiple rounds of high temperatures and stable industrial production, with urban and rural residential electricity consumption reaching 203.9 billion kilowatt-hours, a year-on-year increase of 18.0% [2] - The share of renewable energy is undergoing a historic transformation, with the proportion of wind, solar, and biomass power generation rapidly increasing to nearly one-quarter of the total, indicating accelerated progress in China's energy transition [2] Industry Developments - Electricity is becoming a core competitive force in the Fourth Industrial Revolution, with the consensus in the global AI industry that "the end of computing power is electricity" [3] - The "East Data West Computing" strategy is steadily advancing, and new policies are being implemented to meet the growing electricity demand from emerging scenarios such as computing centers and smart factories [3] - The monthly electricity consumption surpassing 1 trillion kilowatt-hours not only signifies China's leading energy supply capacity globally but also indicates a strategic advantage in infrastructure construction for future industrial upgrades [3]

Core Insights - The Ninth Future Network Development Conference was held in Nanjing, focusing on global networking and future technologies [1] - Key technological advancements were showcased, including long-distance data transmission without intermediate relay [1][2] - The conference emphasized the importance of integrating computing resources across regions to enhance efficiency and support national projects [2][3] Group 1: Technological Innovations - A new optical-electrical fusion network technology allows for over 2000 kilometers of data transmission without loss, eliminating the need for multiple transfers [1] - China Telecom introduced a network model that enables self-diagnosis and automatic fault repair, improving operational efficiency by 40% in Jiangsu province [2] - The conference presented a comprehensive scheduling platform for computing resources, addressing the challenges of the "East Data West Computing" initiative [2][3] Group 2: Future Network Concepts - The concept of a future network is defined as a faster, simpler, cheaper, and safer next-generation internet centered around user experience [2] - The conference highlighted the need for a unified scheduling system to connect areas with surplus computing power to those with demand [3] Group 3: AI and Automation - A new AI-driven toolchain for baseband circuit design significantly reduces design time and costs, enhancing communication performance by 30% and reducing chip area by 70% [4] - The application of AI in network management is still in its early stages, facing challenges such as the need for high-quality intelligent agents and data security concerns [5] Group 4: Future Directions - The conference called for the development of a collaborative ecosystem for AI applications, emphasizing the need for interdisciplinary teams and infrastructure improvements [5] - A series of technical white papers were released, providing insights into future network technology development and collaborative computing [6]