Hot plate slightly differentiated, and A shares fluctuated slightly for half a day.
Every reporter | Liu Mingtao every edited | Zhao Yun
In early trading today, the overall market sentiment weakened. As of the close of the morning, the Shanghai Composite Index rose by 0.22% to 3033.63 points. The Shenzhen Component Index fell 0.03% to 9431.83 points; Growth enterprise market index rose 0.64% to 1835.70 points; The Science and Technology Innovation 50 Index rose 0.38% to 818.61 points; The Beizheng 50 Index fell 0.67% to 920.36 points. The total turnover of the two cities in half a day was 720.6 billion, and the net sales of northbound funds was 3.624 billion.
In terms of liquidity, the central bank announced that in order to maintain liquidity in the banking system’s reasonable abundance, a 7-day reverse repurchase operation of 10 billion yuan was launched by interest rate bidding on March 4, and the winning bid rate was 1.80%. Wind data shows that 329 billion yuan of reverse repurchase expired on that day, so the net withdrawal in a single day was 319 billion yuan.
In the news, the second session of the 14th National People’s Congress held a preparatory meeting on the morning of the 4th, and adopted the agenda of the conference, including the report on reviewing the government work report, reviewing the implementation of the national economic and social development plan in 2023 and the draft national economic and social development plan in 2024.
In terms of sectors, the concepts of liquid cooling, CPO, and high-bandwidth memory were among the top gainers, while the sectors of hydrogen energy, assembly buildings, and auto parts performed poorly, leading the market down.
The sustained and rapid development of digital economy, the surge of data volume and the leap-forward development of AIGC all put forward higher requirements for computing infrastructure; At the same time, the high energy consumption and heat dissipation performance of server clusters represented by data centers need to be improved and upgraded, which is also promoting the industry to adopt more advanced and greener temperature control means. As a new temperature control method, liquid cooling has greatly improved its heat dissipation efficiency compared with traditional air cooling, and will be selected by more server manufacturers and application scenarios in the future.
With the continuous expansion of data center scale and the increasing power consumption of the industry, it is urgent to save energy and reduce emissions in data centers. Under the guidance of peak carbon dioxide emissions and carbon neutrality strategy, the policy document accelerates the evolution of data center to green and low carbon, and promotes the rapid development of liquid cooling. Local governments have increasingly strict requirements on PUE index of new data centers, and old high-energy data centers are facing the fate of elimination or reconstruction to low-energy heat dissipation methods such as liquid cooling.
Therefore, under the background of dual-carbon, the greening of IDC is the general trend, and the only way for the evolution of liquid cooling or heat dissipation technology. With the continuous strict requirements of PUE, the advantages of liquid cooling heat dissipation are gradually highlighted, and liquid cooling is expected to become the first choice for both IDC’s new construction needs and inventory transformation needs.
Here, by integrating the latest research reports of more than 10 brokers, such as Tianfeng, Anxin and Guoxin, we will bring four company profiles to fans and friends for reference only.
1. Qiangrui Technology
The company maintains a close cooperative relationship with Huawei, and jointly develops server liquid cooling, portable mature products of 3D Group, and develops more cooperation scenarios in the field of liquid cooling with Huawei; In terms of production capacity, 3D Group has eight manufacturing centers with an annual production capacity of 600 million yuan. The company has been deeply involved in liquid cooling for many years, providing customers with liquid cooling-related multi-station equipment and whole-line solutions. It is estimated that the customer will invest about 18 million yuan in a single line. If this major asset restructuring is successfully implemented, the company’s liquid cooling business will realize the integrated layout of equipment and core components, which is expected to enter the fast lane of development and create the second growth pole for the company.
— — china fortune securities
2. Shenling Environment
Combined with the national energy development and change trend, the company strategically increased its investment in the new energy sector. It is expected that with the delivery of related orders and the sustained and rapid growth of new energy business, the company’s related revenue will achieve rapid growth.
— — TF Securities
3. Eurolink
The company has core products including 800W-3200W full-range CRPS power supply, 1300W-4000W high-power air-cooled server power supply, 1600W-3500W distributed submerged liquid-cooled server power supply and 30KW centralized submerged liquid-cooled server power supply, which are mainly used in data center edge computing servers and large model AI servers, memories, switches, 5G micro-base stations and other fields. With the differentiation of the domestic server market structure, the demand for AI servers is gradually strong, and the company’s performance is expected to be further improved.
— — Great wall securities
4. Try hard
The company continued to strengthen the construction of technology R&D team and foreign cooperation, accelerated the development of intelligent energy-saving management system in computer room, further improved the performance index of the company’s products, strengthened the innovative ability in the integrated solution of air conditioning environment change control, and better and more comprehensively served customers.
— — Great wall securities