Core Insights - The Ministry of Industry and Information Technology has issued the "Computing Power Interconnection Action Plan" aiming to establish a comprehensive system of standards, identifiers, and rules for computing power interconnection by 2026 [1] Group 1: Infrastructure Interconnection - The plan promotes new high-performance transmission protocols to enhance the interconnection level among computing power nodes [1] - It aims to build national, regional, and industry computing power interconnection platforms to unify and aggregate public computing power identifiers, facilitating interconnection of resources among leading computing power enterprises nationwide [1] Group 2: Resource Utilization - The initiative focuses on achieving interconnection of computing power resources, enabling cross-entity, cross-architecture, and cross-regional scheduling of computing power supply and demand [1] Group 3: Application Scenarios - The plan includes the establishment of pilot projects for computing power internet experimental networks to empower industries with accessible computing power [1] - By 2028, the goal is to achieve standardized interconnection of public computing power across the country, gradually forming a computing power internet capable of intelligent perception, real-time discovery, and on-demand access [1]

以下为晚报正文： 1、中办、国办：目标到2027年，碳排放权、用水权交易制度基本完善 重要程度：★★★★★ 当地时间5月28日，美国国际贸易法院阻止了美国总统特朗普依据《国际紧急经济权力法案》而宣布的关 税政策生效，并裁定特朗普越权。在裁决公布后不久，特朗普政府的律师已通知该法院他们将提起上诉。 中办、国办印发《关于健全资源环境要素市场化配置体系的意见》，主要目标为到2027年，碳排放权、用 水权交易制度基本完善，排污权交易制度建立健全，节能市场化机制更加健全，资源环境要素交易市场更 加活跃。 意见提出完善资源环境要素配额分配制度、优化交易范围、健全交易制度、加强基础能力建设和组织实施 等措施。 2、商务部回应中美经贸磋商新动向：敦促美方停止对华歧视性限制措施 重要程度：★★★★ 市场人士普遍对短线市场风险偏好情绪的回暖感到欣喜。不过，由于特朗普政府已对此裁决提出上诉，且 已经在关税方面骑虎难下的白宫，也可能寻求通过其他法律启动替代性关税，因此不少业内人士也认为， 从长远来看，相关关税政策和全球贸易格局依然将面临着较为巨大的不确定性。 4、浙江发布智算云发展意见 2027年智算规模达 5月29日，商务部新闻发 ...

Core Viewpoint - The dramatic reversal of performance by Hongbo Co., Ltd. has caused significant turmoil in the A-share market, transitioning from a promising AI concept stock to reporting substantial losses within a short period [1][2]. Group 1: Performance Announcement - On January 11, 2024, Hongbo Co., Ltd. announced a positive earnings forecast for 2023, projecting a net profit attributable to shareholders between 37.4 million and 56.1 million yuan, with a year-on-year growth exceeding 130% [2]. - This optimistic forecast sparked enthusiasm among investors, leading to a surge in stock interest [2]. Group 2: Earnings Revision - On April 12, 2024, Hongbo Co., Ltd. issued a revised earnings forecast, predicting a net loss of 50 million to 58 million yuan, with a net loss after deducting non-recurring items expected to be between 65 million and 75 million yuan [2]. - The company attributed this drastic change to accounting practices regarding revenue recognition related to a project with its subsidiary, which was not well-received by investors [2]. Group 3: Investor Response - Following the earnings revision, there has been a call for compensation from affected investors, with a focus on those who purchased shares between January 11 and April 12, 2024 [1][2]. - The company is currently facing scrutiny over its disclosure practices and the timing of its earnings announcements [2].

Core Viewpoint - The company is aggressively expanding its computing power leasing business, making significant investments that raise financial risks and pressures, while also facing procurement and performance challenges [1][2][7]. Financial Pressure - The company plans to purchase servers worth up to 40 billion yuan, following a previous procurement of 30 billion yuan, totaling nearly 70 billion yuan in three months, which is over 50% of its latest audited net assets [1][8][9]. - The asset-liability ratio increased from 55.66% at the end of 2024 to 65.80% by the end of Q1 2025, indicating a significant rise in financial leverage [1][9]. - The company reported a sharp increase in short-term and long-term borrowings, with short-term loans rising over 50% to 19.74 billion yuan and long-term loans skyrocketing from 0.20 billion yuan to 17.80 billion yuan [9][12]. Business Expansion and Market Demand - The company is experiencing high demand for its computing power services, with a full order book prompting the second batch of server procurement [2][19]. - The company aims to build a large-scale intelligent computing center, indicating a long-term vision for growth in the computing power sector [6][17]. - The computing power leasing business is expected to contribute to revenue in the second half of the year, with existing contracts already generating income [2][19]. Procurement Challenges - The company faces potential procurement risks due to international trade disputes, which could affect the supply of high-performance servers [1][15]. - The company has established partnerships with multiple suppliers, including NVIDIA, to mitigate procurement risks and ensure a steady supply of servers [16][18]. Management and Market Sentiment - The company's stock price has risen by 12.29% recently, reflecting positive market sentiment towards its computing power expansion [2]. - However, there are concerns regarding insider selling, as several executives have announced plans to reduce their holdings, which may signal a lack of confidence in the company's future performance [23].

Market Overview - The market experienced a significant rebound with all three major indices rising, and the total trading volume exceeding 1.1 trillion yuan, with over 4,400 stocks increasing in value [1] - The Shanghai Composite Index rose by 0.70% to 3,363.45 points, while the Shenzhen Component Index increased by 1.24% to 10,127.20 points, and the ChiNext Index climbed 1.37% to 2,012.55 points [2] Key Drivers - The rebound was influenced by three major positive factors: 1. A U.S. trade court ruling that blocked Trump's global tariffs, leading to an expansion in U.S. stock index futures and a nearly 6% increase in the FTSE China 3x Long ETF [1] 2. Positive earnings from Nvidia, which exceeded expectations, with CEO Jensen Huang noting strong global demand for AI infrastructure, resulting in a 5% increase in the company's stock price post-announcement [1] 3. Foreign institutions have been raising their economic growth forecasts for China in 2025, signaling increased investment value in the A-share market [1] Sector Performance - The technology and financial sectors saw significant gains, with digital currency concepts leading the charge, and several stocks, including Yuyin Co., hitting the daily limit [1] - The EDA concept also performed strongly, with stocks like Gelaun Electronics reaching their daily limit [1] - The automotive supply chain showed robust performance, particularly in the autonomous driving sector, with stocks like Tongda Electric achieving six consecutive daily limits [1] - Conversely, sectors such as beauty care and IP economy experienced pullbacks, with precious metals and shipping sectors showing the largest declines [1] Fund Flow - Major capital inflows were observed in software development, consumer electronics, and automotive parts sectors, with notable net inflows into stocks like Shanzi Gaoke, Zhongchao Holdings, and Sifang Precision [3] Future Outlook - Huachuang Securities predicts that the market may maintain a range-bound oscillation in the short term, with limited upward and downward space [1][8] - The firm suggests a continued focus on financial re-inflation strategies, advocating for a combination of dividend-paying stocks and small-cap growth investments [8] - Dongfang Securities anticipates a continuation of structural market trends characterized by index fluctuations and sector rotations, with consumer stocks remaining active [9]

用"文旅+"讲好河南故事 "在'十四五'规划实施收官、'十五五'发展谋篇布局的关键时期，习近平总书记亲临河南考察，为全 省发展掌舵领航、把脉定向，为做好各项工作提供行动指南和根本遵循。我们将切实把思想和行动统一 到总书记关于河南工作的重大要求上来。"管城区委书记张艳敏说。聚焦创新引领，着力建设现代化产 业体系；聚焦固本强基，着力改善民生、加强社会治理；聚焦文旅融合，着力推动文化繁荣兴盛；聚焦 绿色发展，着力加强生态环境保护。用好管城区丰厚历史文化资源，以商都历史文化区建设为引领，统 筹推进标志性文物展示、文化内涵挖掘、老城有机更新，加快亳都·新象、北庆里1926等文旅街区和豫 州韵等文化场馆建设，深化游径打造和动线组织，持续打造"郑州有戏""巍巍亳都""漫步商都"等文化 IP，全力打造"优秀传统文化传承创新展示地"。 激活文旅文博新发展引擎 "殷殷嘱托为文旅产业高质量发展指明了方向，我们深感责任重大，也让我们更加坚定信心。文旅 融合不仅是经济产业，更是满足人民美好生活需求的幸福工程。"银基文旅集团品牌公关经理郑瑞龙 说。 科创引领不断出新出彩 "殷殷嘱托，厚望如山。习近平总书记在河南考察时的重要讲话精神，为我 ...

对于后续行情，我们强调，当前市场的大周期仍然是牛市格局。从2019年4月至2020年3月的9个月时间里，市场走势与当前极为相似。对于那些正 在失去信心、看空股市的朋友，建议花5分钟时间回顾2019年至2021年的市场行情。相信通过对比，大家对当前中长期趋势的信心会更加坚定。 从短期来看，尽管我们对中长线趋势有信心，但短线指数已经全面跌破了短期趋势。因此，我们只能等待右侧进程的机会，而绝非再去贸然逢阴 线进行低吸。总归一句话，我们要对中长期抱有希望，短线则要密切等待下一次进程的机会。我们要有韧性，有信心，做好当下的事情，相信未 来一定不会亏待我们。 （原标题：和讯投顾刘文博：A股横盘震荡，指数重心下移，短线量能缺失，耐心等待变盘） 5月28日，A股市场收盘时，指数呈现横盘震荡态势，量能未能有效放大，平均股价持续走弱，个股表现不佳，有3500只个股下跌。隔夜美股的反 弹并未带动今日A股走强。尽管全天有多个板块试图带动市场情绪，包括机器人、半导体、下午的黄金以及尾盘的通信板块，但整体量能依然低 迷，盘面呈现弱势格局。 昨天下午，算力板块曾一度带动大盘收窄跌幅，成为市场的重要支撑。然而，今天算力板块表现不佳，导致市场 ...

0:00 当前，我国经济正迈入高质量发展的新阶段。 在全球经济格局深刻调整的背景下，各地以创新驱动和改革开放为双轮，持续培育经济发展新动能。 ■数字赋能 算力基建加速布局 培育经济发展新动能 2024年，庆阳第一个国产万卡算力集群在此点亮，庆阳集群算力规模也突破5万P，增速、增量和智算占比位居全国前列。 "算"出新业态、新生态，庆阳以多产业、多场景驱动算力建设，以大算力集聚人工智能生态，以大生态拓展"人工智能+"新产业、新场景，推 动新质生产力培育。 目前，全国300余家数字经济生态企业落户庆阳，其中包括国内半数人工智能头部企业。 ■开放引领 港口经济提质增效 展现市场强劲活力 ■创新突破 核心技术攻坚克难 筑牢产业安全根基 一季度，这里集装箱吞吐量突破571万标准箱，创历史新高。繁忙的港口背后，是中国经济稳中向好的坚实脚步。 一季度，天津GDP同比增长5.8%，高于全国平均水平，其中港口经济贡献显著。天津港不仅是货物枢纽，更是开放合作的战略支点。 一季度，天津港对接京津冀及内陆腹地重点企业需求，累计走访客户500余家，完成近100项签约，通过强化内外贸一体化，中国制造的"硬实 力"正转化为全球市场的"竞争力 ...

证券代码：603629 证券简称：利通电子 公告编号：2025-023 江苏利通电子股份有限公司 关于2024年年度暨2025年第一季度业绩说明会 召开情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 江苏利通电子股份有限公司（以下简称"公司"）于 2025 年 05 月 28 日 （星 期三） 10:00-11:00 ， 通 过 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/）以网络互动方式召开了"江苏利通电子股份有限公 司 2024 年年度暨 2025 年第一季度业绩说明会"，就公司 2024 年年度暨 2025 年 第一季度的经营情况、财务状况等相关情况与投资者进行充分的交流和沟通。 一、本次业绩说明会召开情况 公司于 2025 年 5 月 10 日通过上海证券交易所官网（http://www.sse.com.cn） 披露了《江苏利通电子股份有限公司关于召开 2024 年年度暨 2025 年第一季度业 绩说明会的 ...

" 始于卖资源的智算生意，搏的是当下的资本，还是对未来的确 信？ " 作者丨赵之齐 编辑丨胡敏 "未来智算业务一定会成为独立云厂营收的主要支柱，不然也没有别的支柱了"，算力行业人士王志苦笑。 2022年底，王志所在的独立云厂，也在卖CDN、公有云价格战中伤痕累累。当时云计算市场头部集中， 留给中小厂商的空间微乎其微；即便是成功上市的优刻得（UCloud）、青云科技、金山云等，持续的营 收下滑和亏损加剧，也已让资本们有些失去信心。 直到生成式AI的出现，独立云厂窥见新的希望，王志所在的公司开始了在智算领域的第一个尝试：卖资 源。他清晰地记得，2023年初完成了第一单A800机器成交后，脑中浮现出的第一个念头： "赌对了！" 当时，一台八卡的A800机器租赁价七八万一个月，市场已觉得有些昂贵，谁知，在那之后两年，算力价 格一度水涨船高——2023年底，英伟达推出的包括A800、A100、H800等五种特供显卡被列入禁令，加 上2024年的AI狂奔，有行业人士透露，A800服务器市价曾达到100-200万一台，H800服务器达到200- 300万一台，A100价格也从10万炒到了20万。而王志所在的公司，智算业务布 ...