Xiechuang Data: First Quarter Report for 2026

SZSIApr 27 12:00 ET · Announcements

Intelligent computing becomes the core engine as Collaborative Innovation Data reports over 3x year-on-year growth in Q1 net profit, with the asset-liability ratio rising to nearly 86% | Earnings Report Analysis

① Intelligent computing has become the core engine of performance growth. In the first quarter of this year, the revenue and net profit of Cowin Data increased by 192.90% and 343.45%, respectively, compared to the same period last year; ② Due to continuous investment in computing power, the company's debt-to-asset ratio has risen to nearly 86%; ③ Several popular concept stocks in the computing power leasing sector have also recently reported impressive results.

cls.cnApr 27 11:46 ET

The strong players in the AI computing power sector continue to grow stronger; pay attention to the rotation rhythm within each sub-sector.

Track the entire lifecycle of the mainline sector.

cls.cnApr 22 21:21 ET

Comprehensive Analysis of the Q1 Top Performing Fund: Divergent Trends in Resources, Storage, and Optical Communications

Among them, the Western Lide New Power, GF Vision Select, and Guoshou Security Digital Economy funds have emerged as top-performing representatives in their respective subcategories during the first quarter.

Zhitong FinanceApr 22 04:45 ET

Computing Power Leasing: The New Core Asset of China's AI

Guohai Securities pointed out that the inflection point for AI inference has arrived, and the leasing of computing power has entered a high-growth cycle with both volume and price increases. The one-year lease price for the H100 GPU rose from its low in October 2025 to $2.35 per hour in March 2026, marking an increase of nearly 40%. Tencent Cloud, Alibaba Cloud, and Baidu Cloud collectively raised their computing power service prices. Meanwhile, DouBao’s average daily Token usage increased 1,000-fold compared to May 2024, and the global invocation volume of China’s large-scale AI models has exceeded that of the United States for six consecutive weeks.

wallstreetcnApr 21 23:44 ET

IPO News | The Hong Kong IPO prospectus of Xiechuang Data (300857.SZ) has expired.

The Hong Kong stock prospectus submitted by Chuang Data Technology Co., Ltd. (referred to as: Xiechuang Data (300857.SZ)) on October 22, 2025, expired on April 22, 2026, after being valid for six months.

Zhitong FinanceApr 21 18:52 ET