On March 12, the computing power sector surged, with particular attention focused on stocks associated with the 'Eastern Data, Western Computing' initiative. Notably, Ningxia Jiancai, Guizhou Cable Network, and Guang'an Aizhong all hit their daily trading limits.

In today's digital era, data has emerged as a pivotal production factor, akin to water in the agricultural era and electricity in the industrial era. The 'Eastern Data, Western Computing' project has timely emerged as a cornerstone of China's strategic blueprint for the digital economy.

In essence, 'Eastern Data, Western Computing' involves transmitting vast amounts of data from the eastern region, which is economically robust and generates a copious amount of data but lacks land and energy resources, to the resource-rich western region for processing and computation through a national integrated computing power network. This initiative aims to balance the supply and demand of computing power between the two regions.

The overarching goal of the 'Eastern Data, Western Computing' project is to alleviate resource constraints in the east and achieve a balanced computing power supply and demand by establishing national computing power hubs in eight regions, including Beijing-Tianjin-Hebei, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, Chengdu-Chongqing, Inner Mongolia, Guizhou, Gansu, and Ningxia, and planning 10 national data center clusters.

The 'Eastern Data, Western Computing' project boasts immense development potential and a vast market. It is projected that annual investments in this project will reach hundreds of billions of yuan. During the 14th Five-Year Plan period, investments in big data centers are expected to grow at an annual rate exceeding 20%, cumulatively driving investments surpassing 3 trillion yuan. This will not only bolster the data center industry but also foster coordinated development of upstream and downstream industries, forming a substantial industrial cluster.

From an industrial chain perspective, 'Eastern Data, Western Computing' encompasses numerous links. Upstream comprises providers of computing network infrastructure, such as hardware manufacturers for data center construction (servers, storage devices, network equipment), and enterprises offering power, cooling, and other infrastructure. Midstream includes cloud computing, data center, and communication network operators, responsible for data center operations and network services to ensure secure data transmission and efficient processing. Downstream comprises users of computing power services, including internet companies, financial institutions, scientific research institutions, and other industries with substantial computing power demands.

Below, Securities Star presents a list of concept stocks related to 'Eastern Data, Western Computing' for investors' reference. This list does not constitute investment advice.

1. Guizhou Cable Network: The company is advancing major projects like the National Cultural Private Network, the National Cultural Big Data Southwest Regional Center, the 'Eastern Data, Western Computing' project's computing power node, Gigabit Optical Network (fixed network access), Data Center (computing power infrastructure), and the Smart Radio and Television Rural Revitalization Project.

2. Ningxia Jiancai: Based in Ningxia, the company's Internet Industrial Park Data Center project aligns with national 'Eastern Data, Western Computing' policies. Constructed using the EPC engineering general contracting model, the project can be used internally or rented out post-completion and commissioning.

3. Runjian Co., Ltd.: Registered in Guangxi, the company reported a 32.82% year-on-year increase in computing power network business revenue, totaling 225 million yuan in the first half of 2024. The company is increasing investments in the computing power business to establish a leading domestic 'computing power cluster technical service expert' capability and smart computing cloud service.

4. Guang'an Aizhong: Its subsidiary held the launch ceremony for the 'Silk Cloud Valley' Low-Carbon Computing Power Industrial Park project in Haidong City, Qinghai Province. The five-year construction plan is divided into two phases, with the first phase aiming to construct a 180MW liquid-cooled core energy cabin, invest in 72,000 standard racks, and provide a stable operating environment for 90,000 high-performance servers.

5. Meili Cloud: The company's data center project is located in Zhongwei City, Ningxia, a national computing power hub node, offering services such as cabinet rental, network access, and cabinet operation and maintenance.

6. Emecon: The company's smart engineering projects span all eight major computing power hubs of 'Eastern Data, Western Computing', with applications extending to Zhongwei Cluster, Qingyang Cluster, Tianfu Cluster, Shaoguan Cluster, Yangtze River Delta Cluster, and Zhangjiakou Cluster.

7. State Grid Xintong: Based in Aba Tibetan and Qiang Autonomous Prefecture, Sichuan Province, the company is a leading provider of 'cloud-network integration' industrial services in the energy industry, covering the entire chain of source-grid-load-storage energy and multi-scenario business needs, and deploying integrated computing power services + energy data services nationwide.

8. Yuandao Communications: The Xinjiang-based company's intelligent computing center will focus on artificial intelligence computing centers, providing public computing power service platforms, application innovation platforms, etc., to serve large AI models, industry models, and more.

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