来源：中国新闻网 中新网银川6月16日电 (记者 李佩珊)记者16日从银川海关获悉，全国海关算力中心正式落地宁夏中卫， 标志着海关总署在西部地区建成的首个绿色算力枢纽投入使用，将为宁夏融入国家"东数西算"战略、推 动数字经济高质量发展注入新动能。 2023年，银川海关立足宁夏大数据集群资源优势，率先提出在中卫建设海关大数据中心的建议，获海关 总署高度关注。2024年，海关总署与宁夏回族自治区政府签订新一轮署区合作备忘录契机，将支持宁夏 云计算和大数据产业发展纳入合作框架，为项目落地奠定政策基础。在建设实施阶段，全国海关算力中 心(中卫)一期建设以海关研发网设备迁移作为开局重点工作，海关总署科技司牵头组建由银川海关、宁 波海关及中卫属地部门构成的"1+3+N"专项工作组，突破跨区域协调、技术对接等难题。2025年5月， 海关研发网系统在中卫西部云基地正式上线运行，标志着全国海关算力中心(中卫)一期项目全面建成投 用。 据悉，新投入使用的全国海关算力中心计划推动海关新一代大数据云平台落地，打造具备高并发处理和 存储能力的大数据平台，并适时启动智能算力服务建设，最终构建起以中卫为西部核心，联动北京、广 州节点的"北 ...

Core Viewpoint - Guian New Area is rapidly developing into a modern city with a focus on high-quality, green, and intensive growth, attracting major enterprises and establishing itself as a key player in the digital economy and advanced manufacturing sectors [1][4][7]. Industry and Company Summary - Guian New Area has attracted 26 Fortune Global 500 companies, 9 Chinese Fortune 500 companies, and 3 private Fortune 500 companies, indicating a strong industrial presence [5]. - The area has established 26 large-scale data centers, with a computing power exceeding 81 EFLOPS, of which over 98% is intelligent computing, making it one of the strongest regions in China for domestic intelligent computing capabilities [3][6]. - The region aims to become a national computing power guarantee base, a research and production base for new energy power batteries and materials, and an important industrial backup base [4]. - In 2024, the industrial output value of the new energy battery and materials industry is projected to reach 7.692 billion yuan, with a year-on-year growth of 43.2%, while the advanced equipment manufacturing industry is expected to achieve an industrial output value of 3.659 billion yuan, growing by 35% [7]. - The software and information technology service industry in Guian New Area is anticipated to generate revenue of 70.9 billion yuan in 2024, reflecting a growth of 28.5%, with the digital economy's added value accounting for 53.3% of GDP [12][14]. - The area has built a complete industrial chain from battery material research to vehicle manufacturing, with a current battery production capacity of 35 GWh [6]. - Guian New Area has developed a robust digital infrastructure, including the largest cloud data center in southern China, which serves various sectors including internet, government, and finance [8][10].

智通财经记者 | 张熹珑 从广东北部的韶关站出发，崭新的厂房鳞次栉比，行车不到几分钟，北江智算中心、中国电信粤港澳大湾区智能算力中心等建筑出现在视野里，彰显着这座 小城的"野心"。 过去三年，这座四线城市实现了算力产业的从无到有。在6月13日的第四届粤港澳大湾区（广东）算力产业大会暨第三届中国算力网大会上，韶关市委书记 陈少荣提到，目前已引进22个智算中心项目，总投资超过600亿元，已形成12万标准机架承载能力，即将成为华南地区最大的算力集聚区。 与之形成反差的是，韶关此前在广东省的存在感并不高。定位为"北部生态发展区"，韶关的综合经济实力在全省处于较后位置，直至2023年，全市GDP才突 破1600亿元。2024年，韶关GDP达1647.56亿元，经济总量在广东21市中排名第15位。 智通财经根据韶关市统计局整理 AI产业为这座城市带来重塑竞争力的新窗口。2022年，国家正式实施"东数西算"战略，粤港澳大湾区是八个国家算力枢纽节点之一，韶关是该枢纽节点内唯 一的国家数据中心集群。 翻查韶关2024年政府工作报告和统计公报可以发现，这座粤北城市的经济转型很有特点：传统重工业占比正在下降，但装备制造、有色金属等 ...

Core Viewpoint - The surge of A-share companies listing in Hong Kong is driven by the desire to access international financing and expand into global markets, supported by favorable policies from both the Hong Kong Stock Exchange and mainland China [1][2]. Group 1: A-share Companies Listing in Hong Kong - In the first five months of 2025, Hong Kong IPO fundraising reached 77.68 billion yuan, nearing the total for the entire year of 2024 [1]. - At least 37 A-share companies have listed in Hong Kong this year, indicating a strong trend [1]. - The dual policy benefits from the Hong Kong Stock Exchange's reforms and mainland China's expanded overseas listing channels are facilitating this trend [1]. Group 2: ZTE Corporation Overview - ZTE Corporation, the first A-share company to list on the Hong Kong Stock Exchange, has been a leader in the telecommunications sector since its establishment in 1985 [2][4]. - The company has a significant global presence, operating in over 160 countries and regions, serving more than a quarter of the world's population [6]. Group 3: Financial Performance and R&D Investment - ZTE's overseas revenue accounted for over 30% in both 2023 and 2024, highlighting its successful international market penetration [3][7]. - From 2015 to 2024, ZTE invested a total of 168.87 billion yuan in R&D, with annual investments exceeding 10 billion yuan [9]. - The company has applied for 93,000 patents globally, with approximately 48,000 patents granted, placing it among the top in global patent filings [9]. Group 4: Profitability and Market Position - Since its A-share listing, ZTE has accumulated profits of approximately 60.63 billion yuan and distributed cash dividends totaling 17.14 billion yuan [11]. - The company's net profit for the years 2021 to 2024 showed a consistent upward trend, with figures of 6.81 billion yuan, 8.08 billion yuan, 9.33 billion yuan, and 8.43 billion yuan respectively [10].

Core Insights - The article highlights the transformation of Shaoguan into a digital hub, driven by the establishment of the national integrated computing network and the data center cluster in the Guangdong-Hong Kong-Macao Greater Bay Area [2][3][4] - The computing power generated in Shaoguan is positioned as a critical resource for supporting various sectors, including smart manufacturing, smart cities, and digital governance [3][4][6] - Guangdong aims to strengthen its artificial intelligence (AI) industry, with specific targets set for computing power scale and infrastructure development by 2025 [4][5][10] Group 1: Digital Transformation - Shaoguan is evolving from a traditional industrial base to a "super digital engine," providing substantial computing power to the Greater Bay Area [7][9] - The data center cluster in Shaoguan is designed to meet the real-time computing needs of cities like Guangzhou and Shenzhen, enhancing the region's digital economy [2][3][8] Group 2: Computing Power Infrastructure - The Guangdong provincial government has set a target for computing power to reach 38 EFLOPS by 2025, with intelligent computing accounting for 50% of this capacity [4][5] - A high-speed optical network has been established, with 13 lines connecting Shaoguan to the Greater Bay Area, enabling ultra-low latency for financial transactions and other critical applications [8][9] Group 3: AI Industry Development - Guangdong is implementing policies to foster AI and robotics innovation, aiming to create a high-tech industrial pillar and a global hub for AI and robotics [5][10] - The province's AI capabilities are showcased through various projects and solutions across multiple sectors, emphasizing a collaborative approach among cities in the Greater Bay Area [9][10]

Core Insights - The computing power, as a core productivity driver, is leading a new wave of technological revolution and industrial transformation in the digital economy [1] - The emerging field of intelligent computing (智算) plays a crucial role in AI model training and inference, but faces structural imbalances in talent supply and demand due to rapid technological iterations and increasing international restrictions [1] - There is an urgent need to build a talent ecosystem for intelligent computing to support high-quality development and establish a solid talent foundation for the digital economy era [1] Talent Ecosystem Development - The industry requires a comprehensive talent ecosystem covering strategic decision-making, technical breakthroughs, scenario implementation, and capital operations [2] - Market research and analysis talent is essential for strategic decision-making, as significant investments in intelligent computing centers must be informed by accurate industry trend predictions to avoid rapid depreciation of assets [2] - Intelligent computing center design talent is needed to address the high power consumption of GPU servers and ensure flexibility in resource allocation while meeting carbon neutrality goals [2] Operational and Development Talent - IT networking and operations talent must adapt to the complexities of intelligent computing center operations, requiring skills in hardware debugging and algorithm optimization [2] - Scene development talent is necessary to explore and expand application scenarios beyond major internet companies, transforming abstract computing power into industry-specific solutions [3] - Financing and asset capitalization talent is crucial for managing the heavy asset nature and long return cycles of the intelligent computing industry, bridging the gap between demand and financial tools [3]

Group 1 - The fourth Guangdong-Hong Kong-Macao Greater Bay Area Computing Power Industry Conference showcased the latest achievements in the construction of the Shaoguan data center cluster over the past year [1] - As of Q1 2023, the total computing power scale of the eight major hub nodes in China's "East Data West Computing" initiative reached 215.5 EFLOPS, accounting for over 70% of the national total [3] - The Guangdong-Hong Kong-Macao Greater Bay Area is positioned as a "bridgehead" for China's computing power to reach the world, emphasizing its role in the digital economy [3] Group 2 - Three major platforms were launched to create a new highland for computing power services in the Greater Bay Area [4] - The Guangdong-Hong Kong-Macao Public Computing Power Service Platform aims to build an efficient, green, collaborative, and secure regional computing power service system [5][7] - The provincial advanced storage center focuses on promoting secure and efficient data storage and circulation, supporting the aggregation of public, enterprise, and industry data in Shaoguan [5][7] Group 3 - The Shaoguan Data Aggregation Governance and Privacy Computing Platform adopts a dual-platform architecture to support public data authorized operations and innovate data application scenarios [5][7] - The Shaoguan Data Investment & Huawei Joint Innovation Laboratory was officially unveiled, collaborating with various industry partners to promote local development [5]

Core Insights - The Guangdong-Hong Kong-Macao Greater Bay Area is experiencing strong growth in the computing power industry, with Shaoguan becoming the largest smart computing cluster in South China [1][2] - The total computing power scale of the eight major hubs in China's "East Data West Computing" initiative reached 215.5 EFLOPS, accounting for over 70% of the national total [1] - Shaoguan has established a capacity of 120,000 standard racks and attracted 22 smart computing center projects with a total investment exceeding 60 billion [2] Industry Development - A series of technology innovation platforms were launched at the conference, including the Shaoguan Data Investment & Huawei Joint Innovation Laboratory, which will focus on data elements, talent cultivation, and adaptation centers [3] - The AI Edge Alliance was officially established to promote the integration of AI and edge computing, aiming to inject new vitality into the smart computing industry's upgrade [3] - Shaoguan's network latency has improved significantly, with data transmission to Guangzhou taking only 1.3 ms and to Shenzhen 1.66 ms, meeting most computing power business needs in the Greater Bay Area [2] Investment and Projects - The Greater Bay Area Computing Scheduling Center has been completed, and the Guangzhou Data Exchange (Shaoguan) service base is operational [2] - China Telecom plans to invest over 2.4 billion in Shaoguan to build 38,500 standard racks, while Softcom Power Information Technology will develop a computing power scheduling platform [3]

Group 1 - The AI sector is experiencing a pullback, with the ChiNext AI Index down by 1.54% as of 11:08, and several component stocks like Kunlun Wanwei and Tongniu Information dropping over 4% [1] - Mary Meeker's "AI Trends Report 2025" highlights a significant increase in training costs for AI models, which have surged approximately 2400 times over the past eight years, with predictions that costs could reach $1 billion by 2025 and potentially exceed $10 billion in the future [1] Group 2 - The technology sector's congestion has significantly decreased, and AI computing power is expected to recover as it is in a phase of accelerated expansion [2] - The ChiNext AI ETF (159381) tracks the ChiNext AI Index and selects AI-focused companies listed on the ChiNext, with a daily price fluctuation limit of ±20% and a low total fee rate of 0.20% [2] - The top ten component stocks of the ChiNext AI ETF include leading companies in optical modules, chip design, and cloud computing, with over 26.6% weight in optical module CPO concept stocks [2]

Business Overview - The company primarily serves financial institutions, large internet enterprises, and the tobacco industry, focusing on IT infrastructure, software solutions, and IT operation services [3][4]. - Financial institutions, especially large state-owned and joint-stock commercial banks, constitute the largest customer group [3]. - In 2024, the tobacco industry became a significant part of the customer structure, contributing to the company's revenue [3][10]. Financial Performance - The company's operating cash flow saw a significant increase in 2024 due to higher sales collections and extended payment terms for procurement contracts [6]. - In 2024, revenue from the tobacco industry reached CNY 56.6 million, marking it as an important revenue source [10]. - The proportion of accounts receivable aged within one year decreased to nearly 70% in 2024, down from over 90% in previous years [11]. Research and Development - The company collaborates with external research institutions, establishing joint laboratories to focus on cutting-edge technologies [7]. - Key self-developed software products include Starring, iMOIA, and SharkData, which are widely used across various industries [14]. Strategic Direction - The company plans to deepen its focus on the financial sector and expand its IT infrastructure services, particularly in AI computing and cloud solutions [8][9]. - There is an ongoing effort to enhance digital transformation in the tobacco industry through advanced technologies [9][10]. - The company has established a wholly-owned subsidiary in Hong Kong to explore business opportunities in the Greater China and Southeast Asia regions [12]. Competitive Advantage - The company has unique advantages in data center construction, enterprise network development, and financial transaction processing due to its extensive experience [16]. - The information technology service industry is highly competitive, but the company maintains a strong market position through its specialized services and customer relationships [16]. Future Outlook - The company remains adaptable to market changes and customer needs, with no major shifts in its core business structure anticipated in the next 3-5 years [17].