HON-Flex: The domestic AI computing power market is still in its infancy, with enormous potential for future development

HON-Flex stated at the performance briefing that the current scale of AI computing power investment in China is less than one-tenth of that in the United States, but it should also be noted that the domestic awareness of the role of computing power in promoting AI development is gradually increasing. Although currently affected by supply chain risks and other factors, it should also be recognized that domestic substitution is rapidly rising. China's ability to apply new technologies and new directions is globally leading, similar to the AI wave initiated by DeepSeek. We believe that the domestic AI computing power market is still in its infancy, and there is enormous potential for future development