en.Wedoany.com Reported - On June 30, China International Engineering Consulting Co., Ltd. (CIECC), through its professional fund platform, completed a strategic investment in China Zhongcheng Hualong Computer Technology Co., Ltd. This investment marks the first chip-related project since the establishment of CIECC's professional fund platform, and signifies the central enterprise's entry into the core domestic computing power chip track through a "consulting + investment" approach. Investment circles report that the two parties will collaborate on achieving self-control of domestic computing power, building chip industry chain capabilities, and tackling major technological challenges.
CIECC is a national high-end think tank and a central enterprise engaged in comprehensive engineering consulting. This investment in a chip project goes beyond capital, bringing with it industry assessment, strategic consulting, and project resource synergy.
Zhongcheng Hualong, founded in October 2017, is positioned as a domestic provider of self-controlled computing power infrastructure. According to a previous report by Securities Times, the company is one of the few domestic tech innovation enterprises with a full-stack self-control capability covering "chips + complete machines + solutions." Its business focuses on building full-stack computing power infrastructure, including general computing, intelligent computing, supercomputing, storage-computing integration, quantum computing, and space computing. It has established an industrial layout with headquarters in Beijing overseeing operations, chip R&D in Shanghai, complete machine R&D in Wuxi, and a smart manufacturing base in Tongling. In early June, Zhongcheng Hualong signed a comprehensive cooperation agreement with CITIC Securities, initiating a compliance advisory program for its IPO, accelerating its capitalization process.
This investment targets the domestic computing power chip sector. The rising demand for large models, AI agents, intelligent industry systems, and data center construction continues to drive computing power needs. Computing power chips are shifting from single hardware procurement to competition involving chips, complete machines, software stacks, and industry solutions.
Recent public materials from Zhongcheng Hualong indicate that the company leverages Shenwei technology, RISC-V technology, quantum computing technology, and trusted computing technology to promote the self-control and large-scale implementation of core chips such as GPUs, CPUs, and QPUs. In 2025, Zhongcheng Hualong completed tape-out and launched a fully domestic AI high-performance computing power chip developed using domestic manufacturing processes. The HL series chips, including HL200, HL200Pro, and HL400, natively support FP8/FP4 and are designed for generative AI and AI agent inference needs. The company also aims to reduce token computing costs through higher energy efficiency ratios, seeking to create a more controllable domestic solution balancing performance, power consumption, and cost.
CIECC's entry into the chip project through its professional fund platform also extends the ways central enterprises participate in hard-tech investments. Engineering consulting institutions have traditionally been more involved in major project evaluations, industrial planning, feasibility studies, and policy research. Now, by investing capital in domestic computing power chip companies, it demonstrates that consulting capabilities are extending into industrial investment and technological collaboration.
The domestic computing power chip industry chain remains in a phase of high investment, extensive validation, and long cycles. Chip design, manufacturing processes, packaging and testing, software ecosystems, complete machine adaptation, and customer validation are all indispensable. Breakthroughs in a single link are unlikely to directly form a stable market. Zhongcheng Hualong possesses a "chip + complete machine + solution" pathway, while CIECC brings experience in engineering consulting, industrial research, and project organization. The combination of the two will focus on product validation of domestic computing power chips, implementation in key industries, capitalization progress, and integration of industrial ecosystem resources. If Zhongcheng Hualong can continuously push AI high-performance computing power chips, complete machines, and industry solutions into application scenarios, this strategic investment will not only be a financial move but also serve as a model for central enterprises participating in the construction of self-controlled domestic computing power.
