1.供应链与资产标准化-利用其全球供应链网路，针对头部互联网企业、电信运营商及超算中心退役的 伺服器资产(包括但不限于GPU伺服器、高密度存储阵列)建立定向回收机制。 2.工业级再制造与认证-依据ISO品质管制体系，对回收设备实施深度清洁、元件级维修、核心部件( CPU/GPU╱内存)压力测试及固件升级，确保设备性能恢复至较高水准。 3.资产数字化管理-建立设备全生命周期档案，对翻新后的算力设备进行资产定级与残值评估，为后续 运营及资本化运作提供数据支撑。 华章数据技术有限公司是一家国内领先的数据基础设施服务商，总部位于广州。本次合作在人工智慧产 业高速发展的背景下，通过技术创新实现存量算力资源的梯次利用与绿色低碳运营，具有重大的战略协 同价值与商业潜力。有望为公司开辟新的业务增长点，提升核心竞争力，符合公司长期发展战略，对公 司未来发展具有积极意义。 智通财经APP讯，千循科技(01640)发布公告，公司于2026年2月25日与国内行业领先的数据中心基础设 施解决方案提供商华章数据技术有限公司(华章数据)达成战略合作，双方旨在构建"绿色算力资产全生 命周期管理(LCM)"闭环体系。 公司及合作伙伴通过将集团 ...

Key Takeaways Western Digital targets 20% revenue CAGR over 35 years on surging AI storage demand.WDC projects 50% gross margins and 30% free cash flow margins under its new model.Teradata expects 2-4% ARR growth in 2026 amid rising cloud adoption and AI platform expansion.Both Western Digital Corporation (WDC) and Teradata (TDC) are tied to enterprise data infrastructure, with WDC providing the physical storage hardware, and Teradata delivering data analytics and cloud-based data platform solutions that re ...

Core Insights - Artisan Mid Cap Fund's fourth-quarter 2025 investor letter highlights the performance of the fund and its investment strategy focusing on companies with strong earnings and franchise characteristics [1] - The fund's Investor Class, ARTMX, delivered a return of -0.44%, while the Advisor Class, APDMX, and Institutional Class, APHMX, returned -0.37% and -0.35% respectively, compared to a -3.70% return for the Russell Midcap® Growth Index [1] - Continued strength in information technology and health care sectors contributed positively to the fund's performance during the quarter [1] Company Focus: Snowflake Inc. - Snowflake Inc. (NYSE:SNOW) is identified as a significant stock in the fund's fourth-quarter report, with a market capitalization of $59.029 billion [2] - The stock closed at $172.50 per share on February 20, 2026, with a one-month return of -18.35% and a 52-week gain of 0.92% [2] - Artisan Mid Cap Fund exited its investment in Snowflake due to elevated valuations and concerns over potential decelerating revenue growth linked to uneven consumption trends [3] - The fund noted that Snowflake's primary use for structured data may be challenged by advancements in large language models that could unlock unstructured data benefits, raising questions about its value proposition [3] Hedge Fund Interest - Snowflake Inc. was held by 88 hedge fund portfolios at the end of the fourth quarter, a decrease from 102 in the previous quarter [5] - While the potential of Snowflake as an investment is acknowledged, the fund believes that certain AI stocks present greater upside potential with less downside risk [5]

公开资料显示，迅策是中国领先的AI实时数据基础设施供应商，为企业提供涵盖实时数据处理和分析 的解决方案根据弗若斯特沙利文数据，2024年公司在中国实时数据基础设施及分析市场位居头部；而在 对数据实时性、准确性要求最高的资产管理行业，公司以11.6%的市场份额排名第一，并实现对中国前 十大资管机构的全覆盖，构筑起深厚的行业壁垒。 智通财经APP获悉，迅策(03317)午后涨幅扩大近20%，登顶热门股涨幅榜，总市值亦突破300亿港元。 截至发稿，涨11.97%，报89.35港元，成交额8222.17万港元。 消息面上，2月13日，恒生指数公司宣布季度检讨结果，相关调整将于3月6日收市后实施，并于3月9日 正式生效。迅策此次获纳入恒生综合指数，并有望于3月正式纳入港股通。此外，近期，国产大模型领 域迎来一轮密集上新与版本升级，在"从买算力到用数据"的产业逻辑演进下，能够支撑大模型稳定运行 与持续优化的数据基础设施企业，成为资本市场新的焦点。 ...

Core Viewpoint - The report from Guotai Junan Securities provides a "Buy" rating for Xunce (3317.HK) with a target price of HKD 104.78, reinforcing its positioning as the "Chinese version of Palantir" and highlighting its leading status and long-term value in the real-time data infrastructure sector driven by AI large models and applications [1] Group 1: Valuation and Growth Potential - The report employs both PE and PS valuation methods, referencing comparable companies like Palantir and Snowflake, resulting in a target market value of HKD 33.8 billion and a target price of HKD 104.78, indicating over 50% upside potential from the report's publication date [2] - Revenue projections for the company are set at HKD 1.183 billion, HKD 2.177 billion, and HKD 3.311 billion for 2025-2027, with year-on-year growth rates of 87%, 84%, and 52% respectively, indicating a clear growth trajectory [2] Group 2: Market Position and Industry Leadership - The company is recognized as a leading provider of AI real-time data infrastructure in China, offering solutions for real-time data processing and analysis, capable of collecting, cleaning, managing, analyzing, and governing heterogeneous data within seconds [3] - According to Frost & Sullivan, the company holds the top position in the Chinese real-time data infrastructure and analytics market, with an 11.6% market share in the asset management sector, achieving full coverage of the top ten asset management firms in China [3] Group 3: Product Flexibility and Diversification - The company's products are highly modular, with over 300 functional modules developed by the end of 2025, allowing for flexible combinations into seven core solutions that cover both data infrastructure and asset management applications [4] - The company is accelerating its expansion into diversified industries such as financial services (beyond asset management), urban management, production management, and telecommunications, with revenue from diversified sectors reaching 61% in 2024, becoming a major growth driver [4] Group 4: Market Opportunity and Growth Rate - The report highlights that the rapid development of AI large models and applications is increasing the demand for real-time, unified, and efficient data processing platforms, with the current penetration rate of the real-time data infrastructure and analytics market in China being less than 4% [5] - The market is expected to grow at a CAGR of 46.1% from 2020 to 2024, reaching a size of HKD 50.5 billion by 2029, with a projected CAGR of 22.0% from 2024 to 2029, indicating a vast market opportunity [5]

Core Insights - Yunqi Technology has completed a Series B financing round led by ALC Capital, indicating strong investor interest in the company [1] - The company focuses on providing self-developed AI and data infrastructure for the Chinese market and overseas enterprises, highlighting its innovative approach in the tech sector [1] Company Overview - Yunqi Technology specializes in AI and data solutions, positioning itself as a key player in the next-generation data infrastructure market [1] - The company has established partnerships with notable firms such as Ant Group, Xiaohongshu, Kuaishou Technology, and Ninja Van, showcasing its broad industry connections [1] Market Reach - Yunqi Technology's services extend across multiple countries and regions in Asia, indicating a significant geographical footprint and potential for growth in international markets [1]

As filed with the Securities and Exchange Commission on January 30, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ––––––––––––––––––––––––––––––––––––––– FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ––––––––––––––––––––––––––––––––––––––– Iron Dome Acquisition I Corp. (Exact name of registrant as specified in its charter) ––––––––––––––––––––––––––––––––––––––– | Cayman Islands | 6770 | N/A | | --- | --- | --- | | (State or other juris ...

FOURTH QUARTER AND FULL YEAR, DECEMBER 31, 2025 Cautionary Statement Regarding Forward-Looking Statements This Supplemental Information contains forward-looking information within the meaning of Canadian provincial securities laws and "forward-looking statements" within the meaning of certain securities laws including Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, "safe harbor" provisions of the United States Private Securitie ...

Core Insights - Applied Digital (APLD) and Sandisk (SNDK) are positioned to benefit from the rapid growth of AI-driven data infrastructure, with APLD focusing on data center development and SNDK providing high-performance NAND flash storage [1][6] Industry Overview - The global digital infrastructure market was valued at approximately $360 billion in 2025 and is projected to exceed $1.06 trillion by 2030, indicating a compound annual growth rate (CAGR) of about 24.10% [2] Applied Digital (APLD) - APLD's strategy involves building data centers in cost-effective locations, such as North Dakota, which offers inexpensive energy and favorable regulations, thus reducing operational costs [3] - APLD has secured a $5 billion, 15-year lease for 200 megawatts at Polaris Forge 2, with total contracted capacity reaching 600 megawatts and prospective lease revenues of approximately $16 billion over 15 years [4] - The company is investing in advanced liquid cooling and collaborating with Babcock & Wilcox for grid power expansion, enhancing its position in the data center ecosystem [4] - The Zacks Consensus Estimate for APLD's fiscal 2026 loss is projected at 36 cents per share, indicating an annual improvement of 55% [5] Sandisk (SNDK) - SNDK supplies NAND flash storage that meets critical AI infrastructure needs, with disciplined capacity expansion to support sustainable market growth [6] - The company’s BiCS8 technology, developed with Kioxia, enhances capacity and energy efficiency, accounting for 15% of bit shipments in the fiscal first quarter [7][8] - SNDK's data center segment grew 26% sequentially in the first quarter, with a focus on high-bandwidth flash technology for AI inference applications [9] - The Zacks Consensus Estimate for SNDK's fiscal 2026 EPS is projected at $13.46, reflecting a substantial improvement from the previous year's EPS of $2.99 [10] Price Performance and Valuation - Over the past six months, SNDK shares have increased by 894%, while APLD shares have risen by 237.2%, with SNDK's performance driven by improving earnings visibility and data center demand [11] - SNDK trades at a forward price-to-sales ratio of 5.08x, compared to APLD's 22.98x, indicating that SNDK's fundamentals are not fully reflected in its valuation [14] Conclusion - Both APLD and SNDK are positioned to benefit from AI-driven data infrastructure expansion, but SNDK's growth profile appears more balanced, with improving earnings visibility and disciplined capacity expansion [16][18]

Group 1 - The Shandong provincial government is focusing on building a strong digital economy during the "14th Five-Year Plan" period, emphasizing the importance of data infrastructure for releasing the value of data elements [1][2] - The total computing power in Shandong has reached 23.18E, nearly tripling since the beginning of the "14th Five-Year Plan," with over 51% of this being intelligent computing power [1][2] - The province has established a unified computing service platform, supporting over 3800 industrial platforms and providing digital transformation services to 262,400 enterprises [2] Group 2 - Shandong is actively participating in national data infrastructure initiatives, with cities like Qingdao leading pilot projects that have connected 739 data utilization entities and launched over 1300 data products [2] - The provincial government allocates over 12 million yuan annually to support high-quality data set construction, resulting in the establishment of 16 data annotation bases and the release of 90 high-quality industry data sets [3] - The development of high-end data annotation industries is encouraged, with specific examples such as the marine ranch in Yantai utilizing 192 types of data to enhance fish farming efficiency and income [3]