According to CoinMeta, a research report by CITIC Securities indicates that the demand for domestic computing power is accelerating, and driven by continuous capital investment, the industry chain is entering a period of performance realization. With the dual impetus of "operators + cloud vendors" in capital expenditure, the construction of domestic intelligent computing centers and super-node clusters is accelerating. The demand for domestic computing power is on the rise, and the performance realization windows for various key links are opening up one after another. Special attention should be paid to IDC, connectors, switches, and other core components of domestic computing power.