5 trillion cloud computing industry cake 12 share absolute underestimate

"Twelve-Five" period of China's cloud computing industry scale breakthrough trillion

The 15th session of China Beijing Science and Technology industry Exposition-China Cloud Computing International Forum was held yesterday, the reporter learned from the relevant departments, "Twelve-Five" period, China's cloud computing industry will usher in a very valuable start and development period, is expected to exceed 1 trillion yuan industry scale.

Zhou, chief economist of the Ministry of Industry and Information technology, said, "during the 35 period, China will focus on the industrialization of cloud computing technology research and Development, organize the pilot demonstration of cloud computing application, and focus on perfecting the industrial developing environment".

In the upfront capital investment, the relevant personage discloses, the National Development and Reform Commission, the Ministry of Finance, the Ministry of Industry and so on three ministries take the lead to support the cloud computing industries to develop, this year's support fund is expected to break through billions of, at present, the three ministries already carried on the concrete project appraisal in

It is understood that at present, the domestic three major communications giants have begun to layout cloud computing. Not long ago, China Unicom (600050) IDC Internet Data Center officially settled in Chengdu, Chinese Telecom, China Mobile followed, but also in Chengdu, the cloud Computing data center. "Chengdu is expected to become China's cloud computing Industry Center, the industry is expected in 2015, Chengdu, the scale of cloud computing output reached 300 billion." said the person. (Securities times)

Taiji shares (002368): Beneficiaries of cloud computing industry

Taiji shares the main business for the industry solutions and services, it product value-added services, IT consulting services.

Galaxy Securities that the current domestic high-end IT consulting is dominated by foreign companies such as IBM, the government, large enterprises due to more sensitive and important, urgent need for domestic enterprises to provide IT consulting. Tai Chi shares for the domestic leading, the future has the opportunity to grow into China's IT consulting industry leader.

The driving factor for the long-term growth of Taiji shares in the future is the localization of basic software, high-end IT consulting, the increase of users ' demand for data center and cloud computer business, and the construction of informatization of government and central enterprise.

In addition, the company's next-generation data center business will hopefully be mature with cloud computer technology into a high growth period. To do the overall solution of the manufacturers are foreign companies, from domestic competitors are not many, the domestic data center is expected to invest more than 20% annual growth, the company's data center business in the last year to maintain a high growth rate, the current major customers are the financial industry, followed by large enterprises and governments. Therefore, Galaxy securities that with the depth of it construction and cloud computer technology development, to 2013 data center market size is expected to exceed 97.7 billion yuan, the next 3 years of composite growth rate of 24.5%.

East China Computer (600850): The beneficiaries of cloud computing innovation pilot, focus on asset consolidation progress

The company reported three quarterly, January-September revenue growth of 66%, attributable to the parent company's shareholder net profit increased by 30%, of which 3 quarter quarterly revenue growth of 70.8%, net profit increased by 252%. The rapid growth of company revenue stems from the increase of HP distribution during the reporting period of the subsidiary companies, and the increase of RMB 75 million and 50 million yuan in east China's computer storage and intelligent building business respectively; however, due to the lower profitability of the new revenue, the company's overall gross margin from the same period last year 15.4% Fell to 10.7% this year, and the slide was obvious. We believe that with the adjustment of the business and the continuous integration of internal resources, the company's operating conditions and profitability will be improved, the year is expected to achieve revenue around 1.52 billion, gross margin of about 12%.

China News network assets injected after the company's profitability will change qualitatively.

Company January 13 issued a notice, will be non-public offerings, the acquisition of 90% of the shares of China News Network. At present, the progress is more smooth, only wait for the SFC to approve. China News Network is an information network infrastructure services and solutions provider, since its inception has been to maintain high-speed and stable growth, rich customer resources, profitability outstanding, based on the financial data of December 31, 09, asset injection, the company's net asset scale increased by 163%, operating income growth of 131%, Net profit rose 1200%, and net assets yield increased from 4% to 21%. After the injection of high-quality assets, the stability of the company's profitability will be greatly enhanced, profitability will occur qualitative leap.

The company is expected to benefit from the cloud computing innovation development pilot.

Companies and major shareholders of the company has basic software, network storage, software development, system integration, network security and other business, with network infrastructure construction, platform building, application development, security protection all-round ability, with the cloud computing field more complete layout. Earlier in the Shanghai municipal government launched the "Sea of Clouds" plan, the company led the "Huayun" plan to obtain about 500 million of the investment, the company undertook a key task, accumulated a certain technical experience. 22nd this month, the Ministry of Industry and the Development and Reform Commission issued a notice, will be in Shanghai and other 5 cities to start cloud computing services innovation and Development pilot demonstration work, we believe that the company has technical reserves and platform advantages, will benefit significantly.

To give "overweight" rating, the target price of 26.95 yuan.

Considering the injection of Chinese news, our 2010-2012 EPS forecast of 0.49 yuan, 0.64 yuan and 0.80 yuan, we believe that the company in the asset injection profitability will have a qualitative upgrade, and will benefit from the upcoming Cloud computing Services innovation and Development pilot demonstration work, so give "overweight" rating, The target price is 26.95 yuan. (Everbright Securities Zhou)

(Responsible editor: The good of the Legacy)