[GF Computers Liu Xuefeng Team | Continue to recommend Unisplendour Corporation]

English summary

The advantages of domestic chain investment are obvious, with ample room at current levels. ①Domestic market demand is relatively independent and large, and the domestic chain is progressing rapidly, which can partially hedge against overseas market differences; ②The improvement of domestic substitution is currently in a transition stage from zero to one and from one to N. Compared with the overseas chain which requires high-frequency tracking of data changes and fine-grained PE analysis, there are fewer disturbances. Under the trend of super node volume, we recommend Unisplendour Corporation, which highlights the synergy advantage of the full-stack ICT product line. On May 8, at the 2026 Navigator Summit, H3C released the UniPod S80000 series super node products. Through KV Cache multi-level offloading, operator framework vertical optimization, and intelligent PD separation architecture, a 1024-card super node delivers 3x the single-card inference efficiency compared to 128 8-card servers. At the Navigator Summit, the company also launched products such as the AI-native storage X20000 series, high-density full liquid cooling cabinet S90000, 102.4T intelligent computing switch, and AI firewall M9000-X.