格隆汇9月10日丨东方国信(300166.SZ)公布，公司拟与北京顺义金融控股有限责任公司（简称"顺义金 控"）合资设立北京临空智慧港科技有限公司（简称"北京临空智慧港"）。北京临空智慧港的注册资本 为3亿元人民币，公司认缴出资9,000万元人民币，持股比例30%。资金来源为公司自有资金或自筹资 金。 项目公司设立后，主要开展算力租赁和相关增值服务等算力服务业务。顺义金控将整合自身资源，支持 项目公司获得融资，协助项目公司获得相关政府政策信息和取得相关政策支持。东方国信应整合现有团 队，结合其自身资源、智能算力中心和算力服务的运营和管理经验，支持本项目的运营和业务开展。 ...

Core Viewpoint - The company, Dongfang Guoxin, has approved a joint investment proposal to establish Beijing Lankong Smart Port Technology Co., Ltd. in partnership with Shunyi Jin控, with a registered capital of 300 million yuan, indicating a strategic move into the computing power service sector [1] Group 1: Investment Details - The registered capital for the joint venture is set at 300 million yuan, with Dongfang Guoxin committing to contribute 90 million yuan, representing a 30% ownership stake [1] - The funding for this investment will come from the company's own resources or self-raised funds [1] Group 2: Strategic Implications - This investment aligns with the company's strategic goals and aims to enhance economic and social benefits for both the region and the company itself [1] - The project company will serve as the sole operating entity for the "Beijing Shunyi District Computing Power Center Project," focusing on providing computing power services [1] Group 3: Regulatory Considerations - The investment is subject to approval from market regulatory authorities, indicating a necessary step before the project can proceed [1]

Wind数据显示，2025年9月10日午后开盘，中证全指通信设备指数涨超5%，成份股工业富联涨停，东 方通信、海格通信、中际旭创、新易盛等涨超7%；中证人工智能主题指数一度涨超4%，成份股协创数 据涨超12%，中际旭创、澜起科技、新易盛等跟涨。 消息面上，国务院新闻办举行高质量完成"十四五"规划系列主题新闻发布会，工信部发布五年来工业和 通信业发展成就，"十四五"期间，我国制造业增加值增量预计达到8万亿元，占全球比重接近30%，总 体规模连续15年保持全球第一；我国建成全球最大、覆盖最广的网络基础设施，5G基站达459.8万个， 重点工业互联网平台设备连接数超过1亿台（套）；建成3.5万多家基础级、230多家卓越级智能工厂。 天风证券坚定看好AI行业作为年度投资主线，整体上积极看好25年或成为国内AI基础设施竞赛元年以 及应用开花结果之年。中美AI均进展不断，同时推理端持续推进。建议持续关注AI产业动态及AI应用 的投资机会。此外，卫星近期有较多产业进展，卫星互联网作为未来空间广阔的产业方向，相关产业链 核心标的建议积极关注。 国盛证券认为，算力服务有望迎来业绩拐点。除了AI算力资本支出热潮的一阶受益者（硬件 ...

Core Viewpoint - The Ningbo Urban Computing Network was officially launched during the 15th Smart City and Intelligent Economy Expo, aiming to efficiently integrate diverse computing resources and facilitate the sharing of external computing resources, thereby creating an open and cooperative urban computing ecosystem [1][3]. Group 1: Project Overview - The Ningbo Urban Computing Network is spearheaded by the Ningbo Data Bureau in collaboration with local telecom operators, educational institutions, and research units [3]. - The network will utilize the computing resources of the Ningbo Artificial Intelligence Supercomputing Center as its core, integrating various computing resources such as supercomputing, intelligent computing, and state-owned cloud services [3]. Group 2: Connectivity and Resource Sharing - Currently, the network has connected computing resources from multiple entities, including Ningbo Telecom, Ningbo Unicom, Ningbo Mobile, Dongfang University of Science and Technology, and Yongjiang Laboratory, with a total local access and sharing capacity exceeding 3000P [3]. - The initiative addresses the computing needs of many Ningbo enterprises and institutions, which require computing power for training AI models or completing research projects, thus facilitating better connectivity between supply and demand sides and reducing the cost of acquiring computing resources [3].

Core Insights - The integration of digital and energy revolutions is driving a significant increase in demand for computing power, with projections indicating an average annual growth rate of around 20% in China's data center electricity consumption from 2024 to 2030, outpacing the overall electricity consumption growth rate [1] Group 1: Industry Developments - The 2025 China International Big Data Industry Expo highlighted discussions on promoting the collaborative development of electricity and carbon computing [1] - The Deputy Director of the National Data Bureau emphasized that electricity supply is a critical factor influencing computing power development, and the scale of computing power directly affects data processing efficiency [1] - The rapid advancement of AI is leading to an explosive growth in computing power demand, necessitating the establishment of a new infrastructure that integrates data, computing, networks, and energy [1] Group 2: Southern Power Grid's Innovations - Southern Power Grid showcased its developed Electric-Carbon-Computing Collaborative Operation System, which is based on power infrastructure and promotes the economic and green flow of computing resources [2] - The system features three core capabilities: real-time monitoring of power consumption, dynamic scheduling to reduce operational costs by over 10%, and nationwide collaboration to connect computing resources with the integrated national computing network [2] - The system aims to break down information barriers between electricity, computing power, and carbon emissions, achieving precise matching and efficient scheduling [2] Group 3: Practical Applications and Future Outlook - The Electric-Carbon-Computing Collaborative Operation System has shown initial success, with a case where a computing task was migrated to a data center, resulting in a 10% reduction in overall computing costs and the consumption of 113.4 kWh of green electricity [3] - The flexibility of computing power scheduling is identified as a crucial foundation for collaborative operations, requiring solutions for application, data, and model coordination [3] - Future expectations include making the use of computing resources as convenient and quantifiable as water and electricity, necessitating the establishment of a precise measurement system for computing power [3]

Group 1: Financial Performance - The company's revenue and gross margin for mining explosion-proof switches decreased due to the overall decline in the coal industry cycle, resulting in reduced demand for mining equipment and lower equipment prices [2] - Export products include mining explosion-proof electrical appliances and high/low voltage distribution cabinets, primarily sold to Southeast Asia, Turkey, and parts of Africa, accounting for less than 1% of total revenue [2] Group 2: Future Development Plans - The company has established high-performance computing clusters and plans to provide computing services based on different customer needs, including cloud computing center construction and operational management [3]

Core Viewpoint - As of June 30, 2023, China's computing power centers have reached a total scale of 10.85 million standard racks, with intelligent computing power at 78.8 billion billion times per second (EFLOPS) and storage capacity exceeding 1,680 exabytes (EB), marking a growth of approximately 40% compared to 2023 [1] Group 1 - The completion of the access work for the computing power platform in 10 provinces, including Shanxi, Liaoning, Shanghai, Jiangsu, Zhejiang, Shandong, Henan, Qinghai, Ningxia, and Xinjiang, has been achieved, enabling comprehensive connectivity of "platform, entities, resources, ecology, and scenarios" [1] - The national-level comprehensive computing power service platform integrates "supply, demand, and service," allowing compatibility and interoperability between different systems, platforms, and tools [1] - As of July 31, 2023, the platform has registered over 1,000 enterprise users and more than 100 computing power service providers, with over 110 high-quality computing power products listed and access to over 90 mainstream foundational and vertical models [1]

Core Insights - As of June 30, 2023, China's operational computing center rack scale reached 10.85 million standard racks, with intelligent computing power at 78.8 hundred quintillion operations per second (EFLOPS) [1] - Storage capacity exceeded 1,680 exabytes (EB), representing a growth of approximately 40% compared to 2023 [1] - A total of 1,509 large models have been released, placing China among the global leaders in this area [1] Infrastructure Development - Recently, the China Computing Power Platform completed the integration of sub-platforms in 10 provinces, including Shanxi, Liaoning, Shanghai, Jiangsu, Zhejiang, Shandong, Henan, Qinghai, Ningxia, and Xinjiang [1] - The platform serves as a national-level comprehensive computing service platform, integrating supply, demand, and services, ensuring compatibility and interoperability among different systems, platforms, and tools [1] User Engagement - As of July 31, 2023, the platform registered over 1,000 enterprise users and more than 100 computing service providers [1] - The platform has listed over 110 high-quality computing products and connected with more than 90 mainstream foundational and vertical models [1] - It has accumulated tens of billions of pieces of computing monitoring big data [1]

Group 1 - As of June 30, 2023, China's operational computing center rack scale reached 10.85 million standard racks, with intelligent computing power at 78.8 hundred billion billion times per second (EFLOPS) [1] - Storage capacity exceeded 1,680 exabytes (EB), representing an approximate 40% growth compared to 2023 [1] - A total of 1,509 large models have been released, placing China among the global leaders in this area [1] Group 2 - Recently, the China Computing Power Platform completed the integration of sub-platforms in 10 provinces, achieving comprehensive connectivity across "platform, entities, resources, ecology, and scenarios" [1] - As a national-level comprehensive computing service platform, it integrates "supply, demand, and service," enabling compatibility and interoperability between different systems, platforms, and tools [1] - By the end of July, the platform had registered over 1,000 enterprise users and more than 100 computing service providers, offering over 110 high-quality computing products and connecting with over 90 mainstream foundational and vertical models [1]

Core Insights - Prologis China reported steady growth in new infrastructure operations in supply chain, big data, and renewable energy sectors for Q2 2025 [1][2] - The company achieved significant revenue growth, with a year-on-year increase of over 48% in the first half of the year [1] - Prologis China is committed to supporting industrial upgrades and zero-carbon transitions through efficient and intelligent operations [2] Summary by Category Supply Chain and Infrastructure - Prologis China signed new lease agreements covering over 7.8 million square meters in logistics, high-end manufacturing, and R&D facilities, driven by demand from new economy industries [1] - The company enhanced its service capabilities through "Space X Empowerment" to improve operational efficiency for clients in sectors like express delivery, retail e-commerce, and smart manufacturing [1] Financial Performance - Prologis China reported total revenue of 4.224 billion yuan for the first half of 2025, reflecting a 10% year-on-year growth [2] - The operating EBITDA reached 2.027 billion yuan, with a growth rate exceeding 20% [2] - The public REIT, CICC Prologis REIT, generated approximately 216 million yuan in revenue, with a distributable amount of about 167 million yuan [2] Renewable Energy - Prologis China made significant progress in distributed and centralized photovoltaic and energy storage projects, with over 300 MW of new grid-connected capacity in distributed solar, a 49% increase from the previous quarter [2] - The centralized photovoltaic projects added 150 MW, with a total grid-connected capacity of 200 MW [2] Future Outlook - Prologis China aims to continuously enhance its service capabilities to support clients' business growth and contribute to high-quality economic development [2]