--- title: "KNOWLEDGE ATLAS CEO Daniel Zhang: In the first quarter, API prices increased by 83%, and the concept of computing power leasing is active again" type: "News" locale: "en" url: "https://longbridge.com/en/news/281291694.md" description: "ZHI PU CEO Zhang Peng revealed at the earnings briefing that API prices will rise by 83% in the first quarter of 2026, with market demand remaining strong and usage increasing by 400%. The concept of computing power leasing is active, with related companies such as Aorui De and Meili Cloud seeing their stock prices rise. Guojin Securities pointed out that the domestic Token volume has exceeded 140 trillion, and computing power manufacturers are reaching a performance critical point. The pre-computing power industry chain will enter a \"full-chain inflation\" cycle, and the industry's prosperity will be comprehensively enhanced. Investment strategy suggests focusing on supply chain companies deeply bound to leading internet firms" datetime: "2026-04-01T02:24:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281291694.md) - [en](https://longbridge.com/en/news/281291694.md) - [zh-HK](https://longbridge.com/zh-HK/news/281291694.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281291694.md) | [繁體中文](https://longbridge.com/zh-HK/news/281291694.md) # KNOWLEDGE ATLAS CEO Daniel Zhang: In the first quarter, API prices increased by 83%, and the concept of computing power leasing is active again On April 1st, the computing power leasing concept became active again, with Aorede hitting the limit for 11 consecutive days, Meili Cloud and Xiexin Energy Technology reaching the limit, Ningbo Construction hitting the limit, and Hongjing Technology, Yitian Intelligent, and Dongfang Guoxin rising over 10%. Youke Technology-W, Shunwang Technology, and Jiechuang Intelligent also followed suit. According to Caixin, at the KNOWLEDGE ATLAS 2025 performance briefing, KNOWLEDGE ATLAS CEO Zhang Peng introduced that the API call pricing for KNOWLEDGE ATLAS increased by 83% in the first quarter of 2026. Despite this, the market still shows a supply-demand imbalance, with call volume growing by 400%. Currently, KNOWLEDGE ATLAS has become one of the highest paid Token consumption vendors in China. It was reported that the KNOWLEDGE ATLAS GLM model has been fully deployed on global top cloud service providers such as Google Vertex AI, AWS Bedrock, Fireworks, and Cerebras. Guojin Securities stated that the domestic Token volume has exceeded 140 trillion, and domestic computing power vendors have reached a performance critical point, with a new wave of CPU price increases. 1) In March 2026, the average daily Token call volume in China exceeded 140 trillion, growing more than a thousand times in two years; domestic AI has taken the world stage, with Chinese AI large models occupying six seats in the top ten global AI large model total call volume from March 23-27, and domestic computing power demand continues to expand; against this backdrop, domestic computing power and computing power leasing vendors have entered a performance critical point. Guojin Securities pointed out that the prosperity of the entire chain of domestic computing power is accelerating, and both volume and price are expected to rise. Under the strong logic of both supply and demand, we predict that the computing power industry chain will enter a "full-chain inflation" cycle in 2026, with industry prosperity spilling over from core chips to AIDC, cloud and computing power services, supporting power equipment, and servers. In terms of investment strategy, given the clear capital expenditure trends of giants like ByteDance, Alibaba, and Tencent, their supply chains have high performance certainty. Companies deeply bound to the supply chains of leading internet firms (CSPs) may achieve significant excess returns. Related targets include Dongyangguang, Hanwujing, Haiguang Information, Litong Electronics, YN Energy Holdings, Xiechuang Data, Wangsu Technology, Youke Technology, Runze Technology, Yitian Intelligent, Huafeng Technology, Digital China, Yuntian Lifa, Dawi Technology, Runjian Co., Ltd., Kehua Data, SMIC, Huahong Semiconductor, Zhongke Shuguang, Hesheng New Materials, Aofei Data, Capital Online, Yunsai Zhili, Ruisheng Intelligent, Inspur Information, Weichai Heavy Machinery, and Oulu Tong. Zhongyou Securities stated that the exponential growth of Token call volume marks the realization of a closed loop from supply to value through a quantifiable model for data elements. The competition for large models is shifting from capability comparison to volume comparison, and AI Infra, as the core link supporting the expansion of call scale, means that underlying support systems such as computing power, networks, and data scheduling must expand synchronously or even in advance, which will fully benefit from the continuous rise in Token demand. It is recommended to pay attention to computing power leasing/IDC (with price increase expectations due to growing computing power demand): Hongjing Technology, Dawi Technology, Dongyangguang, Dongfang Guoxin, Runze Technology, Runjian Co., Ltd., Data Port, Aofei Data, Xiechuang Data, Litong Electronics, etc ### Related Stocks - [KNOWLEDGE ATLAS (02513.HK)](https://longbridge.com/en/quote/02513.HK.md) ## Related News & Research - [OpenClaw effect: explosion in AI token use adds fuel to Chinese AI development](https://longbridge.com/en/news/280792478.md) - ["The New Era of Tokens": Ten Questions and Answers about China's AI Industry](https://longbridge.com/en/news/281014143.md) - [Tianju Dihe Extends API Services Agreement with JD.com Unit](https://longbridge.com/en/news/281135618.md) - [Zhipu's Stock Soars After Chinese AI Startup's Annual Revenue More Than Doubles](https://longbridge.com/en/news/281294543.md) - [Meet 'Dobby': The AI agent that could kill the app economy](https://longbridge.com/en/news/281354277.md)