B[Vision: The world's first 800V SST high-voltage DC system realizes commercial operation of AI data centers] On November 2, Envision Technology Group announced on November 2 that its integrated 800V high-voltage DC power supply system has been put into commercial operation at the Ulanqab Galaxy Base, becoming the world's first system of its kind to be commercially operated in a large-scale AI data center. The system consists of Tianshu controller, solid-state transformer (SST), DC energy storage and DC/DC. Envision’s Ulanqab Galaxy Base was put into operation in August this year, with a planned capacity of 3GW, and the proportion of green electricity direct connection will exceed 80%. Huang Zhiyong, senior vice president of Envision Energy, said that the AI data center requires an AIDC power system that can coordinate renewable energy, energy storage, grid dispatch and computing load. This commercial operation marks that the Envision AIDC power system has completed a complete closed loop from green power production to computing load. B[China Securities Regulatory Commission seriously investigates *ST Zhuoran’s serious financial fraud case] On September 11, the China Securities Regulatory Commission issued a notice that recently, the China Securities Regulatory Commission will give advance notice of administrative penalties to the listed company Shanghai Zhuoran Engineering Technology Co., Ltd. (referred to as *ST Zhuoran) for suspected false records in regular reports and other financial data. After investigation, it was found that *ST Zhuoran had inflated profits and other behaviors in the relevant years, seriously violating securities laws and regulations. The China Securities Regulatory Commission plans to fine the listed company 12.5 million yuan, fine the six responsible persons a total of 35.8 million yuan, and ban the actual controller from the securities market for 10 years. *ST Zhuoran is suspected of being involved in major violations and forced delisting, and the Shanghai Stock Exchange will initiate delisting procedures in accordance with the law. At the same time, the China Securities Regulatory Commission has decided to formally investigate the professional practices of the accounting firm involved in this case, and those suspected of failing to perform their duties diligently will be severely punished in accordance with the law. For possible criminal clues, we will adhere to the working principle of transferring all possible clues and transfer them to the public security organs in strict accordance with the provisions of the "Criminal Law" and the "Regulations of the Supreme People's Procuratorate and the Ministry of Public Security on the Standards for Filing and Prosecution of Criminal Cases under the Jurisdiction of Public Security Organs (2)".
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