GTJA Research Reports states that Shanghai has issued "Implementation Plan for Shaping Shanghai into a City for Artificial Intelligence", aiming for the city's intelligent computing capacity to exceed 100 EFLOPS by the end of 2025. Leading companies in the Internet Plus-Related and manufacturing industries, such as ByteDance and Xiaomi, are significantly increasing their capital spending on computing power. The demand for computing power is increasing as the downstream application sector overcomes challenges, combined with the implementation of the "AI +" initiative and intensive industrial planning at all levels. Investments in related fields of intelligent computing centers in China are expected to accelerate. Recommendations: 1. Directly benefit from the investment-driven demand for servers, power supplies, UPS, transformers, etc.; 2. Benefit from the increased demand for energy-saving and retrofitting of liquid-cooled servers and related electromechanical equipment.