In the second quarter of 2026, the A-share market witnessed a surge in large-scale computing power orders, characterized by billion-dollar and even ten-billion-dollar deals, with long-term contracts emerging as the prevailing trend. Notably, listed companies from traditional sectors, including new energy and culture and entertainment, also ventured into this domain, marking a cross-sectoral expansion. The simultaneous realization of computing power projects in batches and the influx of enterprises from diverse industries can be attributed to the synergistic effects of industrial ecosystems, market demand dynamics, and supportive policies at the highest levels. Presently, the domestic computing power industry has transcended the stage of mere conceptual speculation and has entered a phase of large-scale, standardized development. This progression is accelerating the stratification of the industry landscape, which now exhibits distinct features indicative of high-quality growth.