Computing power concept stocks surge, Huanghuan Xinwang surges toward limit up, Guangmai Technology rises sharply

Computing power concept surged higher during the 25th trading day. As of the latest report, Gloway New Network hit the daily limit, Guangmai Technology rose over 18%, Oriental Guoxin and Wangsu Technology increased over 10%, and True Vision, Litong Electronics, and Tefa Information all hit the daily limit.

On March 24, Liu Liehong, Director of the National Data Bureau, announced at a press conference that by the end of 2025, more than 100,000 high-quality datasets will have been built nationwide. By March this year, China’s daily token call volume—meaning the number of token invocations—has exceeded 140 trillion, more than 1,000 times the 100 billion at the beginning of 2024. Compared to the 100 quadrillion expected by the end of 2025, it has grown by over 40% in just three months.

Wanlian Securities pointed out that as major companies ramp up their deployment of agents and related application ecosystems, token usage is expected to enter a phase of volume and price growth. Domestic and international cloud service giants are announcing price increases, and AI computing power-related products and services are likely to continue their price rise. It is recommended to continue monitoring the ecosystem deployment of leading companies in AI applications, the sustained high demand for computing power, and the investment opportunities brought by price increases in AI computing power-related products. From a medium- to long-term perspective, focus remains on the two main investment themes: AI industry and data industry.

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