Sugon - Feasibility study report on high-end computer R&D and production expansion projects based on domestic chips

1. Project Overview

Currently, my country’s high-end computers using imported processor chips account for more than 90% of the domestic market. Affected by various factors such as information industry security and supply chain security, the importance of developing high-end computers based on domestic processors has become increasingly prominent.

At present, domestic processor chips are relatively mature, and the main architectures include

This project develops a series of high-end computer products based on domestic processor chips with different architectures such as Monopoly and promote the sustainable and healthy development of China's information industry. After the project is completed, it will not only provide more cost-effective options for Chinese industry users, but also ensure the security and controllability of key information systems, with broad market development space and prospects.

2. Necessity of project implementation

(1) Ensure information security and industrial security

Master high-end computer design and manufacturing technology based on domestic processor chips , is a prerequisite for ensuring national network and information security. According to data from the Ministry of Industry and Information Technology, China's integrated circuit imports rank first among all types of imported products; the "G20 National Innovation Competitiveness Yellow Paper" released by the Development Research Center of the State Council also pointed out that China's key core technologies are highly dependent on foreign countries, and 80% of chips are Rely on imports. In the field of high-end computers, core components including processor chips are almost completely dependent on foreign imports, which poses a great security risk in the supply of high-end computers in the industrial chain.

In the past few years, domestic processor chip technology has made great progress. A variety of domestic processor chips with different architectures such as X86, MIPS, and ARM have appeared successively. Next, we will promote the industry based on domestic processor chips. The task of ecological environment construction is extremely urgent. The research and development of high-end computer series products based on domestic processor chips can ensure the security and controllability of key information systems, break the technical monopoly and security threats of foreign manufacturers in the integrated circuit industry, reverse the passive situation of my country's information technology, and promote the continued health of China's information industry develop.

(2) Promote information technology application innovation and industrial ecological environment construction

At present, the global high-end integrated circuit industry is in a monopolistic competition pattern. Western countries’ processor chip giant manufacturers such as Intel and AMD etc., through decades of continuous technological innovation and huge investments, they have established strong patent barriers, technical standard systems and industrial ecosystems, firmly controlling most of the global market. Although our country has made certain innovations and breakthroughs in this field, our country's industrial foundation in this field is very weak, and resources such as technical talents and funds are insufficient.

To promote the industrialization of domestic processor chips, it is necessary to build a complete innovation and industrial chain of "chip design and manufacturing, complete machine systems, software ecology, and application services" to ensure the sustainable and healthy development of related industries. . Developing a complete system based on domestic processors is, firstly, to promote the development of the domestic high-end computer industry. High-end computers are oriented to the main battlefield of the national economy and are basic support facilities for the development of the information industry. Only by developing high-end computers based on domestic processor chips can we continue to promote The construction of an industrial ecological environment for information technology application innovation promotes the application and industrial development of domestic processors in various industries; the second is to eliminate potential hidden dangers for the development of other related industries. The technology research and development and operation of many industries in our country rely on it to a certain extent. For high-end computers, if the core chip supply chain is affected for various reasons, it may have a huge adverse impact on several industries and industries in my country that rely on cloud computing, big data, artificial intelligence, and high-end computer platforms.

(3) Improve corporate competitiveness and sustainable development capabilities

For a long time, the price dominance of high-end computer processor chips has been controlled by a few foreign companies, and the profits of domestic high-end computer companies Space and profitability are highly constrained and restricted.

By developing high-end computers based on domestic chips with different architectures, the company will focus more on the research and development of independent core products, further strengthen its technical advantages in this field, and continuously launch a series of high-end computer products of various types that are easily accepted by different markets. It will not only improve the profitability of my country's complete machine companies, but also greatly reduce the cost of my country's informatization and intelligence, and promote the safe and high-quality development of my country's digital economy and smart society. Therefore, the implementation of the project will ensure that the company's products maintain a leading edge in technical specifications, continue to meet the needs of a wide range of industry users and applications, further improve the market competitiveness of the company's products, and obtain better economic and social benefits.

3. Feasibility of project implementation

(1) Project research and development is in line with national policy direction

The essence of the “new infrastructure” policy is to promote and support the direction of traditional industries The construction of information infrastructure that develops in the direction of networking, digitization, and intelligence will accelerate the digital transformation of the entire industry to promote the integration of modern information technology and industrial economy, so that the economy can produce new qualitative changes with the assistance of digitalization.

In recent years, the national level has continuously promoted the innovative development strategy of information technology application, guided Chinese enterprises to develop products with independent intellectual property rights and international competitiveness, and improved the level of my country's information technology and the reliability and security of the information industry. . On the other hand, this project is based on the development of high-end computers based on domestic processing chips. It also has important strategic significance in supporting the development of my country's modern service industry, enhancing the competitiveness of traditional industries, and promoting the intelligent manufacturing capabilities of domestic information products to reach internationally advanced levels. This project is a strategic emerging industry focused on development in my country and is in line with the guidance of industrial policies such as the "Thirteenth Five-Year Plan for National Informatization Plan".

(2) The company has the technology and R&D foundation required for the implementation of this project

The company is one of the earliest domestic manufacturers engaged in high-end computer business, mainly involving high-performance computers and general-purpose servers Product research and development, design, production and sales. The company has profound technological accumulation in high-performance computer architecture, high-performance computing systems, high-speed interconnection technology, liquid cooling technology, high-end computer management and operation and maintenance software, and advanced computing service platform software. In recent years, in response to changes in the market situation, the company has increased its efforts in pre-research of high-end computer products based on domestic processors, and has overcome various technical problems in the development of high-end computer products based on domestic processors. The pre-research samples have improved in product specifications, Product quality, product ease of use and other aspects have reached the domestic leading level.

As a core manufacturer in the domestic high-end computer field, the company has a complete R&D personnel reserve and technical service system. The company's R&D center is a nationally recognized enterprise technology center approved by the National Development and Reform Commission and six other ministries and commissions, and has been approved to build a national advanced computing industry innovation center. The R&D personnel team has a reasonable knowledge structure and age structure, has strong system-level R&D capabilities, and has accumulated a lot of experience in system architecture design, hardware development, operating system development, and industry application software customization and optimization. The company's mature production and manufacturing system and technical service system are also an important guarantee and successful foundation for the industrialization of project results.

(3) The company has project-related solution support and sales channel foundation

The company has been making a comprehensive layout in the field of independent innovation for many years, building a comprehensive portfolio from chip hardware, system solutions to advanced With a full-chain layout of computing and cloud computing services, the customer base of the company's products covers government agencies, enterprises, electric power, education, medical care, scientific research institutions and many other industries. The company has now begun to build a solution center and industrial ecological platform based on domestic processor chips, and has attracted a large number of peripheral solution providers to join the product ecosystem based on domestic chips, using platform ecological cooperation to drive the scale of domestic chip general industry solutions. It is expected that a nationalized industrial ecosystem will be realized in multiple technologies and industry fields in the next five years. In the process of development and industrialization of high-end computer products, the company has accumulated a large amount of technical support experience and solution resources, which will help ensure the successful promotion and large-scale sales of the products to be developed in this project.

4. Project construction planning

(1) Project implementation entity

The implementation entity of this project is Sugon.

(2) Project investment amount

The total investment amount of this project is 2,000,000,000 yuan, and it is planned to use the raised funds to invest 2,000,000,000 yuan for the purchase of R&D equipment, intellectual property rights, and production. Equipment purchase, R&D personnel expenditures, R&D materials and component expenditures, etc.

(3) Project construction content

This project is based on domestic processor chips of X86, MIPS, and ARM architectures to carry out research and development of high-end computer systems and design internationally advanced High-end computer products of different specifications such as high-performance workstations, edge servers, artificial intelligence servers, storage servers, and multi-node servers realize domestic high-end computer comprehensive solutions with different architectures, different specifications, different forms, and wide coverage.

1) X86 architecture high-end computer products: This project develops 5 high-end computer products based on X86 architecture domestic processors, including:

① High-performance workstation: develops based on domestic X86 processors high-performance workstation products. Provide high-performance workstations that meet business needs for special applications, electric power, finance and other industries; provide high-performance workstations that support high-end graphics cards and large-capacity memory for manufacturing design simulation, film special effects production, and scientific research and development;

② Edge server: Develop edge server products based on domestic X86 processors. In the edge computing scenario, a large amount of on-site data close to the terminal is processed in real time, reducing the impact and direct dependence on the data center; greatly shortening the transmission distance of data, reducing network transmission and delay problems, and improving the efficiency and reliability of applications and services. , reduce costs;

③ Artificial intelligence server: Develop an artificial intelligence server based on dual-channel high-performance domestic X86 processor. Provides a variety of GPU connection topologies, can provide different optimization solutions for different deep learning applications, and provide powerful computing capabilities for artificial intelligence training and inference learning;

④ Storage server: developed based on domestic X86 processing high-performance storage server. It has high-density storage space, provides powerful computing performance and rich IO expansion, and is suitable for finance, transportation, telecommunications, energy, Internet and other industries that have strict requirements on storage capacity, server performance, scalability and reliability;

⑤ Multi-node server: Develop multi-node server based on domestic X86 processor. It adopts a modular design, has excellent computing performance and powerful IO expansion capabilities, and provides cluster server systems for enterprise users, cloud computing centers, big data, high-performance computing and other businesses.

2) MIPS architecture high-end computer products: This project develops 3 high-end computer products based on domestic MIPS architecture processors, including:

① Office workstation: develops 3 high-end computer products based on domestic MIPS architecture processors Office workstation. Provide business office terminals for government agencies, special applications and other scenarios. It has a unique security design and eliminates security risks in many strategic fields such as e-government;

② Document server: Develop a document server based on domestic MIPS processors . Facing the needs of e-government information services, it provides storage, backup and retrieval functions for important documents of government departments; is compatible with mainstream domestic operating systems, database software, etc.; eliminates security risks in many strategic fields such as e-government;

③ Storage Server: Develop storage servers based on domestic MIPS processors. For different cloud data platform usage scenarios, we provide basic storage server products based on MIPS architecture processors, which are low-cost near-line storage systems suitable for large-scale cloud computing environments.

3) ARM architecture high-end computer products: This project will develop 3 high-end computer products based on domestic ARM architecture processors, including:

① Office workstation: develop based on domestic ARM processors office workstation.

Provide business office terminals for government agencies, special applications and other scenarios. It has a unique security design and eliminates security risks in many strategic fields such as e-government;

② Document server: Develop a document server based on domestic ARM processors . Facing the needs of e-government information services, it provides storage, backup and retrieval functions for important documents of government departments; is compatible with mainstream domestic operating systems, database software, etc.; eliminates security risks in many strategic fields such as e-government;

③ Storage Server: Develop storage servers based on domestic ARM processors. For different cloud data platform usage scenarios, we provide basic storage server products based on ARM architecture processors, which are low-cost near-line storage systems suitable for large-scale cloud computing environments.

(4) Project construction period

The construction period of this project is 3 years.

5. Expected benefits of the project

After calculation, the after-tax financial internal rate of return of this project is 12.54%, and the after-tax investment recovery period (including the construction period) is 6.22 years. The economic benefits Indicators are good.

6. Project approval documents

This project does not involve factory construction and new land use. As of the date of announcement of this report, this project is still undergoing registration and environmental impact assessment procedures.

7. Introduction to the preparation unit

Shenzhen Sihan Management Consulting Co., Ltd. is a professional industrial planning and research service organization, mainly providing feasibility study reports, business plans, industry research reports, Conceptual planning, preliminary planning, architectural planning, industrial planning, park planning, corporate IPO listing consulting and other related services.

Sihan regards talent training as the foundation of enterprise development, and formulates the "Three Eagles" plan for talent training. It accelerates the growth of new employees through the "Eagle Plan" and promotes the promotion of key personnel through the "Flying Eagle Plan". The "Jingying Plan" cultivates compound talents with an international perspective and achieves a win-win situation for personal development and organizational development. The review system is composed of a professional management team with experience in capital markets and industrial research and investment. Currently, Sihan Research Industry Research Institute has analysts, consultants, and industry project experts to provide customers with one-stop, personalized, and comprehensive corporate consulting. Solution, more than 80% have master's degrees in relevant majors. They are all authorities in their respective fields. Through high-quality integration, they have become a powerful think tank advisory group to serve customers, and can better provide customers with high-quality personalized customized services.