文/黄海峰的通信生活 新一轮科技革命和产业变革正在重构全球创新版图、重塑全球经济结构，数字经济已成为推动经济高质量发展的新引擎。北京作为全国数字经济发展高 地，正以创新实践全力推动数字经济与实体经济深度融合。算力作为数字经济的核心驱动力，已成为国民经济发展的重要基础设施。 日前，一场具有里程碑意义的活动——昌平区政府、华为与宝德联合主办的"人工智能赋能产业高质量发展研讨会暨宝德先进算力实验室启用仪式"在宝德 北方总部成功举办。一座承载"京产京牌"使命的算力创新地标在昌平区揭开面纱，为昌平区乃至北京算力产业发展与政企数智化转型注入强劲动能。 值得关注的是，在这蓬勃发展的繁荣背后，我国算力产业仍面临核心技术攻关、产业链协同、应用场景落地等诸多挑战。 挑战一：技术创新待突破。在算力技术发展进程中，底层架构创新仍面临诸多挑战。当前算力系统的核心算法优化和架构设计尚存在提升空间，特别是在 处理超大规模数据集群、应对复杂科学计算需求等高端应用场景时，技术瓶颈问题更为凸显。这些技术难题的突破，对于推动算力产业实现跨越式发展具 有决定性作用。 挑战二：产研协同新课题。 在数字经济快速演进的过程中，各行业对算力服务提出了更加细 ...

Market Overview - The A-share market opened lower with the Shanghai Composite Index down by 0.1% and the ChiNext Index down by 0.07% [1] - The photovoltaic equipment sector showed active performance, while insurance, rare earth permanent magnets, and computing power leasing sectors experienced the largest declines [1] Institutional Insights - According to Caixin Securities, the market is in a new buying window before August, with no significant macro risks, improved investor sentiment, and incoming capital, suggesting continued upward momentum despite strong resistance levels [1] - Investment recommendations include sectors related to "anti-involution" policies such as photovoltaic, lithium batteries, automobiles, steel, building materials, coal, and pork [1] - Dongfang Securities predicts that the Shanghai Composite Index will oscillate around 3500 points, with a low systemic risk and potential for upward expansion [2] - CITIC Securities maintains a strategic optimistic outlook, noting that liquidity and improved market sentiment could lead to further upward movement in A-shares, despite potential short-term pullback pressures [3] Sector Focus - High-prospect sectors to consider include TMT (Technology, Media, and Telecommunications) and high-end manufacturing, particularly those expected to report better-than-expected mid-year results [2] - The report emphasizes the importance of sectors benefiting from "anti-involution" policies and those with anticipated strong mid-year earnings, such as overseas computing power, wind energy, shipping, innovative pharmaceuticals, new consumption, and military industry [1][3]

Core Insights - The article emphasizes that computing power encompasses not only computational capabilities but also supporting network transport and data storage capabilities [1] - For computing power to be effective, hardware such as servers, chips, and storage devices, along with software including operating systems, cloud computing platforms, and AI frameworks, as well as network connectivity, must all be "online" simultaneously [1] - As of the end of 2024, China's total computing power is projected to reach 280 EFLOPS (exaflops) [1] - The computing power market is experiencing a structural imbalance characterized by both "surplus" and "shortage" [1]

Group 1 - The core viewpoint of the articles highlights the challenges and dynamics within the computing power rental market, including the influence of relationships on project acceptance and the pricing strategies of major tech companies [1][2][12]. - Major tech companies are leveraging their market position to negotiate lower prices for computing power, often below market rates, which can lead to financial strain for rental companies [2][12]. - The acceptance process for computing power projects is often influenced by the relationships between the parties involved, leading to disparities in project timelines and financial impacts [1][2]. Group 2 - The release of the draft for the National Integrated Computing Power Network outlines technical requirements and aims to improve resource utilization and balanced development across regions [3][4]. - The construction of large-scale computing power centers faces significant challenges, including high requirements for green energy and the need for strong justifications for projects outside major nodes [5][13]. - The competition for resources and pricing in the computing power market is intense, with various stakeholders vying for the best deals, leading to fluctuating prices and project delays [12][13]. Group 3 - A major AI company in Shanghai has accumulated a significant amount of computing resources, indicating a strong position in the domestic intelligent computing sector [6]. - Reports suggest that some companies are facing operational challenges, leading to the sale of computing hardware resources to manage financial pressures [7]. - A project initiated by Alibaba in Dongguan is currently stalled, highlighting the complexities and risks associated with large-scale computing power deployments [8]. Group 4 - The market for specific computing hardware, such as the H20 and H200 models, has seen price volatility due to external factors, including export restrictions, affecting demand and project planning [9][10]. - Some large-scale computing projects are facing issues with compliance and resource allocation, as evidenced by a project in a central region that is reportedly selling computing resources against initial agreements [11]. - The introduction of computing power vouchers as a subsidy mechanism is reshaping market dynamics, often benefiting the consuming parties more than the providers [15].

Group 1 - The Shenzhen Stock Exchange's subsidiary will launch five new thematic indices focused on the ChiNext market, including battery, medical, computing infrastructure, media, and fintech indices on June 27 [1][2] - The ChiNext market has shown significant industrial clustering characteristics in sectors like batteries and healthcare, with listed companies having substantial market capitalizations of 1.8 trillion yuan and 1.0 trillion yuan respectively [1][2] - The new indices will consist of 50 stocks with large market capitalizations and good liquidity, reflecting the diversified and innovative characteristics of the ChiNext market [2] Group 2 - The battery index will include companies involved in core areas of the battery industry, such as production, materials, and manufacturing equipment, featuring leading firms like CATL and EVE Energy [2] - The launch of these indices signifies an enhancement and expansion of investment targets in the "Chuang" series, providing a better platform for investors to capture the benefits of transformation and upgrading [2]

Group 1 - The article highlights the importance of weekly announcements from Sunday to Thursday regarding significant stock market events, including suspensions, increases or decreases in holdings, investment wins, acquisitions, earnings reports, unlocks, and high transfers, with key announcements marked in red to assist investors in identifying investment hotspots and preventing black swan events [1] - The company is currently laying out products related to solid-state batteries, indicating a strategic focus on this emerging technology [1] - The company provides information services such as CIPS and digital currency bridges to numerous banks, showcasing its involvement in digital currency, military applications, cross-border payments, cloud computing, blockchain, and low-altitude economy [1] - The company plans to restructure and acquire a computing power enterprise, indicating its expansion into cross-border e-commerce, computing power, and AI glasses [1]

Group 1 - The core viewpoint of the news is that the cloud computing sector, particularly driven by advancements in artificial intelligence, is experiencing renewed activity in the A-share market, with specific ETFs showing positive performance [1][2] - The cloud computing ETF (517390) closely tracks the CSI Hong Kong-Shenzhen Cloud Computing Industry Index and includes major internet companies from Hong Kong, such as Alibaba and Tencent, which together account for over 20% of the index's weight [1] - The fund manager of the cloud computing ETF, Qi Shichao, emphasizes that the main driving force behind the current cloud computing market is the progress in the AI field, with significant attention on upcoming versions of ChatGPT and DeepSeek-R2 [1] Group 2 - Multiple institutions are optimistic about the cost-effectiveness of optical modules within the computing power sector, highlighting that high-speed optical modules are currently undervalued and in a period of performance certainty [2] - The computing power industry's core driving force is identified as the certainty of technological upgrades and the phased verification of performance, with a focus on stocks with low valuations that may attract capital due to technological breakthroughs or increased orders [2] - The computer ETF (159998) also showed positive movement, rising by 0.47% with a trading volume exceeding 35 million yuan, indicating active trading among its constituent stocks [2][3] Group 3 - The computer ETF (159998) tracks the CSI Computer Theme Index, which selects stocks from the information technology services, application software, system software, and computer hardware sectors [3] - As of March 31, the top ten holdings of the computer ETF include leading companies such as Hikvision, Zhongke Shuguang, and Keda Xunfei, indicating a strong focus on industry leaders [3]

Group 1 - The China Securities Big Data Industry Index (930902) rose by 0.59% as of June 5, 2025, with notable increases in constituent stocks such as Bosi Software (up 4.27%) and Deepin Technology (up 2.60%) [1] - The Data ETF (516000) also saw a rise of 0.56%, marking its third consecutive increase, with a latest price of 0.9 yuan [1] - Over the past week, the Data ETF has accumulated a rise of 2.05% [1] Group 2 - The Ministry of Industry and Information Technology (MIIT) held a special meeting to promote the development of the artificial intelligence industry, emphasizing the need for systematic planning and collaborative advancement [2] - The MIIT's recent initiatives aim to strengthen the industrial foundation, enhance computing power supply, and promote the deployment of large models in key manufacturing sectors [2] - The report highlights the importance of cultivating AI-enabled application service providers and accelerating the iterative application of industry-specific large models [2] Group 3 - Industrial analysts at Industrial Securities view the computing power industry as a high-growth sector benefiting from both policy and industrial transformation [2] - The MIIT's "Computing Power Interconnection Action Plan" outlines new requirements for computing power interconnectivity and public computing power standardization [2] - The restructuring of domestic companies like Haiguang and Shuguang is expected to enhance competition among domestic computing power leaders and concentrate market share among top companies [2]

Core Insights - The development of the computing power industry in China is accelerating, with a projected market size of 211.6 billion yuan by 2025, driven by a series of policies from central to local governments [1][5] - The launch of the China Computing Power Platform (Shandong) marks a significant step towards the integration of computing resources nationwide [1][2] - The computing power industry is becoming a new growth sector, with numerous listed companies actively pursuing opportunities through investments and collaborations [3][4][5] Policy and Market Development - Various regions, including Beijing, Shenzhen, and Tianjin, have introduced policies to promote the computing power industry, recognizing its role as a core driver of the digital economy [2] - Legislative measures, such as the "Guiyang Computing Power Industry Promotion Regulations," have been enacted to support industry growth [2] - The establishment of a standardized system for collaborative development of computing networks is essential to address existing challenges in the industry [2] Industry Collaboration and Investment - Companies are increasingly forming partnerships and making investments to strengthen their positions in the computing power supply chain [3][4] - Notable collaborations include the merger of Haiguang Information and Zhongke Shuguang, aimed at enhancing competitive advantages in high-end chip development [4] - Several companies, such as Dongxin Co., are investing in promising startups to capture key segments of the computing power market [3] Market Growth and Opportunities - The computing power market is expected to reach 1,037.3 EFLOPS by 2025, with significant growth in demand for computing services [5][6] - Listed companies have reported substantial orders related to computing power services, with total amounts exceeding 8 billion yuan this year [5] - The year 2023 is being referred to as the "Year of Computing Power Leasing," indicating a rapid increase in demand across various industries [5][6]

【财联社早知道】2025数据智能大会将发布《智能体产业图 谱》,机构预计2030年全球Al智能体市场规模将达471亿美 元,这家公司的智能体已入驻了元宝、豆包、文小言等智能 体应用平台 财联社早知道 2025.05.13 21:00 星期二 【大头条】 一、AI智能体|2025数据智能大会将发布《智能体产业图谱》,机构预计2030年全球AI Agent市场规模将达471亿美元,这家公 司的智能体以Agent产品的形式已入驻了元宝、豆包、文小言等智能体应用平台 据媒体报道,从中国信息通信研究院了解到,2025数据智能大会将于6月18日至19日在北京召开。中国信息通信研究院将在大会 上发布数智应用领域的多项标准,还将发布《智能体产业图谱》。 点评：根据麦旨锡等多份权威报告,受多元化需求驱动,Al Agent市场呈爆发式增长态势,2024年全球Al Agent市场规模约为51 亿美元,预计2030年将飙升至471亿美元,复合年增长率高达44.8%。国泰海通证券表示,DeepSeek及通义干问发布最新大模 型,飞猪、choice等推出Agent,未来Agent或在更多场景逐步落地,带动AI应用加速落地。 公司方面,值 ...