Core Viewpoint - The merger between Haiguang Information and Zhongke Shuguang will leverage Zhongke Shuguang's complete system capabilities and computing power application ecosystem, enhancing the cloud computing application industry chain and creating integrated advantages [1] Group 1: Merger Benefits - The merger aims to improve the performance of the company's chips by enhancing system capabilities, addressing power consumption issues that hinder further breakthroughs in Moore's Law [1] - The combined entity will not compete with other domestic server brands but will provide more competitive and advantageous solutions for other server manufacturers [1] Group 2: Competitive Positioning - The merger is expected to result in enhanced technical strength and reduced costs, creating a significant aggregation advantage for the newly formed company [1]