According to the CITIC Securities Research Report, telecommunication collaboration is a key infrastructure for expanding domestic computing power, and without telecommunication collaboration, there will be no high-quality development of domestic computing power. China's energy system can provide vast expandable space for domestic computing power. It is not restricted by grid queuing and grid connection, and each unit of CAPEX can be converted into actual computing power more efficiently. According to the National Energy Administration, China's data center will consume 800 billion kilowatts of electricity in 2030. Based on this guideline, it is predicted that the incremental scale of China's data centers during the “15th Five-Year Plan” period will be 78.5 GW, and the corresponding capital expenditure will be 10.7 trillion yuan. Computing collaboration is divided into the inside and outside of the data center park. As the main means of coupling electricity and computing power, it is estimated that the total corresponding investment scale is about 2 trillion yuan. Computing and telecommunication collaborative investment CAGR of about 42% in the “15th Five-Year Plan” has ushered in a phase of accelerated growth.

According to the CITIC Securities Research Report, telecommunication collaboration is a key infrastructure for expanding domestic computing power, and without telecommunication collaboration, there will be no high-quality development of domestic computing power. China's energy system can provide vast expandable space for domestic computing power. It is not restricted by grid queuing and grid connection, and each unit of CAPEX can be converted into actual computing power more efficiently. According to the National Energy Administration, China's data center will consume 800 billion kilowatts of electricity in 2030. Based on this guideline, it is predicted that the incremental scale of China's data centers during the “15th Five-Year Plan” period will be 78.5 GW, and the corresponding capital expenditure will be 10.7 trillion yuan. Computing collaboration is divided into the inside and outside of the data center park. As the main means of coupling electricity and computing power, it is estimated that the total corresponding investment scale is about 2 trillion yuan. Computing and telecommunication collaborative investment CAGR of about 42% in the “15th Five-Year Plan” has ushered in a phase of accelerated growth.