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润建股份(002929)短评报告:英伟达软硬合作升级 国内外双方案并驱

Runjian Co., Ltd. (002929) Short review report: Nvidia's software and hardware cooperation upgrades domestic and foreign dual solutions

方正證券 ·  Nov 30, 2023 00:00

Incident: Runjian Co., Ltd. and Alliancom signed a “Cooperation Agreement” to cooperate on the “China-ASEAN Computing Power Server Cluster” and the “China-ASEAN Five Elephant Cloud Valley AI Innovation and Empowerment Center” projects to provide customers with computing power services, application development, model testing and testing.

The two sides set up a joint venture to deepen cooperation around computing power. The two sides jointly funded the establishment of Guangxi Xi'an Unicom Technology Co., Ltd., registered as Wuxiang Yungu Industrial Park in the China (Guangxi) Pilot Free Trade Zone, and operated independently. The two sides will build the “China-ASEAN Computing Power Server Cluster” and the “China-ASEAN Five Elephant Cloud Valley AI Innovation and Empowerment Center”, and will carry out strategic cooperation around computing power hardware and software ecosystems.

The guarantee of the supply of computing power resources is more solid, and both overseas and domestic computing power are on the same path. As an elite (Elite) partner of NVIDIA (Nvidia) in China, Allianz has strong ability to guarantee the supply of computing power resources. Strategic cooperation will better protect the computing power needs of Runjian Co., Ltd. and related customers. In addition to channel capabilities with strong overseas computing power, the company and Huawei have cooperated with Huawei in the field of computing power through extensive cooperation in the fields of communications, digitalization, and new energy in the past, and cooperated with Huawei in projects such as the China-ASEAN Artificial Intelligence Supercomputing Center. Wuxiang Cloud Valley has also purchased some Huawei devices, and the company will continue to deepen the partnership in the future.

Left-handed “curved ruler” platform, right-hand basic model for world-class industry applications. Runjian Co., Ltd. independently developed a “curve scale” AI open platform, introducing large language model capabilities, focusing on generating artificial intelligence algorithms in the fields of vision, speech, and text. It can quickly build various industry solutions integrating software and hardware, empowering the three major business lines. The strategic cooperation with Alliancom will enable Runjian Co., Ltd. to make better use of NVIDIA (Nvidia)'s powerful application development ecosystem, introduce world-class basic industry application models, and help develop and apply computing power models. At the same time, the AI Innovation Empowerment Center will provide computing power leasing and model application services to ASEAN and domestic enterprises in the fields of industry, agriculture, finance, scientific research, medical care, education, transportation, etc., including application development and model testing and testing based on computing power.

Computing power scheduling capabilities will be more advanced. Runjian Co., Ltd. has good technical reserves in computing power scheduling, tuning, operation and maintenance. The integrated management and maintenance platform for computing power centers has been used in many supercomputing centers and is in a leading position in the industry. On November 27, Runjian Co., Ltd. and Zhidong Technology reached a strategic cooperation agreement focusing on computing power scheduling and tuning. Fudong Technology's OrionX AI computing resource solution increases resource utilization by 5-8 times through software-defined computing power. This collaboration with Alliancom will jointly develop a computing power scheduling platform to achieve unified management, unified deployment, and unified operation of computing resources such as GPUs, CPUs, HPC, multiple storage, multiple model resources, and data resources in multiple regions.

Major cloud vendors and Alliancom collaborated to verify the company's ability to build intelligent computing, and implementation was carried out step by step. The first phase of the company's current company intelligence center can provide 2500P computing power. The recent cooperation between Wuxiang Yungu, a holding subsidiary of Runjian Co., Ltd., and Alibaba Cloud will add 2,500P computing power. According to this “Cooperation Agreement”, with the assistance of Allianz Unicom, Runjian Co., Ltd. funded the purchase of computing power server resources and landed at the Wuxiang Cloud Valley Cloud Computing Center. The Runjian Intelligent Computing Center will be built on the basis of the Wuxiang Cloud Computing Center. The first phase of the Wuxiang Yungu Cloud Computing Center plans to build 6,000 cabinets, which can carry a large amount of computing power space, and the company will continue to invest according to customer needs. The company's cooperation channels and customers are of high quality, demonstrating the company's leading strength in the construction and operation of intelligent computing.

Risk warning: market competition risk, technology and product iteration risk, major customer concentration risk.

The translation is provided by third-party software.


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