On March 3, Hong Kong-listed company GD-HKGBA HLDGS (01396) announced its proposal to change its corporate name to "GD-HKGBA Intelligent Computing Technology Co., Ltd." This move represents not only a brand refresh but also a definitive declaration of strategic transformation. In the history of capital market nomenclature, there has been no precedent in either A-shares or Hong Kong stocks for such a clear-cut example—directly embedding the term "Intelligent Computing" into a company's name. GD-HKGBA's action is an industry first. Behind this lies the company's precise grasp of the opportunities presented by the era of "computing power as national power," and it further reflects the capital market's re-evaluation of the value inherent in the AI infrastructure sector. This renaming serves as a "coming-of-age ceremony" for GD-HKGBA's strategic shift. Clues to this transformation were visible even before the name change. Looking back to October 2025, after the company completed the acquisition of Tiandun Data, it clearly embarked on a development path transitioning towards new AI computing power infrastructure, formally entering the core areas of the artificial intelligence industry. Subsequently, the pace of transformation accelerated continuously: In January 2026, the company received a strategic investment of 800 million yuan from Futian Capital Operation Group, a subsidiary of the State-owned Assets Supervision and Administration Commission of Futian District, Shenzhen. These funds were specifically injected into Tiandun Data for the layout of computing power networks in the Greater Bay Area. In the same month, Tiandun Data launched its computing power sub-brand "Quantum湃," which saw customer numbers increase a hundredfold within two weeks of launch, achieving rapid adoption in vertical scenarios such as AI biopharmaceuticals and AIGC. A series of actions indicate that "Intelligent Computing" has been upgraded from the company's "new transformation business" to its "core business," and the name change formally anchors this strategic focus. As the first listed company to embed "Intelligent Computing" in its name, GD-HKGBA's confidence stems from its unique resource endowment and solid business accumulation. Unlike pure IDC cabinet rental companies or pure computing power scheduling service providers, GD-HKGBA's subsidiary Tiandun Data has been deeply involved in the Greater Bay Area for many years. It possesses six mature AIDC intelligent computing centers, over ten thousand cabinet resources, with a stable occupancy rate exceeding 95%. The company operates and stably bills for over 40,000 Petaflops of computing power, holds technical service orders exceeding 15 billion yuan, and is simultaneously laying out overseas data centers in Southeast Asia. It has established a complete computing power service chain, forming a computing power spatial matrix covering core cities in the Bay Area. This "one-stop, full-stack" combination of "physical infrastructure + computing power services" gives it a natural advantage in the layout and expansion of intelligent computing business, significantly reducing business synergy costs and investment/construction cycles, forming a leading technological barrier and business moat within the industry. Behind the name change is also the resonance of a timely opportunity with regional strategy. Currently, the domestic computing power industry is experiencing explosive growth. Large model companies like Zhipu and Minimax are successively entering the capital markets, and the value of computing power as the "foundation" of the AI industry is becoming increasingly prominent. Meanwhile, Guangdong Province's "AI+" action plan explicitly proposes building a national intelligent computing hub, and the "East Data, West Computing" project is also accelerating. GD-HKGBA's transformation恰好 aligns with national strategy and regional development needs. The strategic investment by Futian state-owned capital not only injected fresh capital but also reflects deep recognition by state-owned capital of its transformation path. This model of "state-owned capital + market-oriented entity" opens a new pathway for enterprises to connect with national strategies. Market feedback has been positive. Just prior to the renaming announcement, on February 27, GD-HKGBA HLDGS was officially included as a constituent of the MSCI China Small Cap Index. Inclusion by MSCI represents global capital's recognition of its corporate governance, liquidity, and, most crucially, its transition towards a development model focused on the AI intelligent computing field. The renaming of GD-HKGBA HLDGS to "GD-HKGBA Intelligent Computing Technology Co., Ltd." is both a farewell and a beginning. It bids farewell to the old growth narrative centered on land; it inaugurates a new journey, powered by data and computing power, to explore the vast potential of the AI era.