Organization: Focus on investment opportunities related to the AI computing power industry chain

Guangxi issues the “Guangxi Five-Year Action Plan for Continuing Urban Renewal Promotion (2026–2030).” It proposes promoting the construction of “10-Gigabit optical networks” and large-scale deployment of 5G-A networks, building an integrated computing network across the region. Guohai Securities believes that OpenClaw accelerates the release of inference computing power demand, which may further promote the export of domestic models in China and be beneficial in the long term for China’s domestic computing power going overseas. The sectors of models, cloud computing, CPUs, storage, AI chips, connectivity, servers, and cybersecurity are expected to benefit. Orient Securities believes that the computing power demand engine is shifting from intermittent “dialogue” needs to sustained “execution” needs, leading to an accelerated increase in computing power consumption. Unlike traditional conversational AI, OpenClaw is an agent framework with high permissions and autonomous scheduling capabilities. When handling complex tasks, it requires frequent use of underlying models for thinking, tool invocation, and environment interaction. This operational mode results in a significantly higher token consumption compared to traditional single-task systems. For infrastructure, this not only means explosive growth in inference traffic but also imposes higher requirements on real-time processing and stability. This structural change in demand is expected to further boost overall computing power demand, benefiting cloud providers and domestic chip manufacturers. Dongguan Securities believes that with the rapid rise of domestic large models and the accelerated deployment across B/C-end application scenarios, AI computing power demand is likely to remain highly prosperous. It recommends paying attention to the commercialization process of domestic AI large models and investment opportunities in the AI computing industry chain, including AI chips, AI servers, liquid cooling solutions, and other specialized fields. (People’s Financial News)