CITIC Securities: Focus on Token factories and computing power leasing-related targets
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The three major operators have launched Token packages, bringing standardized Token operations to households everywhere. Token factories and Token operators are driving a revaluation of the industry chain and are promoting a shift in computing power leasing from the current fixed monthly rent based on “bare metal” server rental periods to a model where billing is based on actual Token usage. Leading computing power leasing companies have a distinct competitive advantage. It is recommended to pay attention to related Token factories and computing power leasing targets.
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