Last week, the sector continued to decline, weaker than the indexes. The main line of financial technology fell more, while the digital infrastructure sector performed better driven by the start of the “counting East and counting West” project. We believe that the performance of many stocks will be closely related to the results disclosed in the performance express in the next week. At the same time, the digital economy sector represented by “counting from the east to the west” will continue to receive market attention from the perspective of theme.
On February 17, the national development and Reform Commission, the central network information office and other four departments jointly issued a notice, agreeing to start the construction of National Computing hub nodes in 8 places such as Beijing, Tianjin, Hebei and the Yangtze River Delta, and planned 10 national data center clusters, and the “East data West computing” project was officially launched. This is the implementation of the policy after the State Council released the digital economy development plan in January this year. We believe that this will enhance the market’s confidence in the sustainability of the follow-up policies of the digital economy.
The field of digital infrastructure benefits from the major project of “counting from the east to the west”. According to the investment planning of Shaoguan, Guangdong, one of the top 10 national data center clusters, the investment scale of “counting from the east to the west” will reach hundreds of billions of Yuan like “South-to-North Water Transfer” and “west to East power transmission”. In the construction of data center, servers, switches and other equipment will account for a large proportion, and continue to be optimistic about the server industry chain.
Industrial digitization is expected to accelerate. Internet, cloud computing, big data, artificial intelligence and other technologies are accelerating the integration with various industries to help customers in downstream industries reduce costs, improve quality and efficiency, and even build a platform and ecological development model. We believe that under the background of accelerating the development of digital economy, industrial Internet platform companies deserve attention.
The progress of industry information innovation is worth looking forward to. From the perspective of industry information innovation, financial information innovation will expand in 2022, while domestic middleware, domestic database, domestic server CPU and server operating system have also experienced the practice of pilot in key industries in the past two years, which is expected to achieve higher penetration in key industries. On the whole, the whole information innovation industry is expected to usher in a new round of business cycle.
Energy and utility intelligence companies are currently worthy of configuration. With the implementation of steady growth policies and the acceleration of intelligent penetration of infrastructure, the intelligent industry of energy and public utilities is ushering in a turning point of development. With the promotion of leakage control in the water industry, attention to energy conservation in the heating industry, continuous acceleration of smart mine construction and the trend of the power industry towards a new power system, leading enterprises in relevant industries will enter a period of accelerated growth.
Investment proposal and investment object
Digital new infrastructure: it is recommended to focus on Dawning Information Industry Co.Ltd(603019) (603019, buy), Inspur Electronic Information Industry Co.Ltd(000977) (000977, not rated), China Greatwall Technology Group Co.Ltd(000066) (000066, not rated), Digital China Group Co.Ltd(000034) (000034, not rated), Jiangsu Eazytec Co.Ltd(688258) (688258, not rated).
Industry digitization direction: recommend digital Procurement Leader Beijing United Information Technology Co.Ltd(603613) (603613, buy), ERP leader Yonyou Network Technology Co.Ltd(600588) (600588, buy).
It is suggested to pay attention to leading enterprises in various sub sectors of Xinchuang: digital office leader: Beijing Kingsoft Office Software Inc(688111) (688111, increased holdings); OA system: Shanghai Weaver Network Co.Ltd(603039) (603039, not rated), Beijing Seeyon Internet Software Corp(688369) (688369, not rated); Domestic middleware: Beijing Tongtech Co.Ltd(300379) (300379, not rated), Beijing Baolande Software Corporation(688058) (688058, not rated); Domestic database: Beijing Vastdata Technology Co.Ltd(603138) (603138, not rated); Financial information creation integrator and banking software platform: Digital China Information Service Company Ltd(000555) (000555, buy), Shenzhen Sunline Tech Co.Ltd(300348) (300348, not rated).
In the field of intelligent energy and public utilities: it is recommended to recommend Zhejiang Heda Technology Co.Ltd(688296) (688296, buy), pay attention to Runa Smart Equipment Co.Ltd(301129) (301129, not rated), coal mine intelligent participants Hefei Gocom Information Technology Co.Ltd(688367) (688367, not rated), and power information manufacturers Ygsoft Inc(002063) (002063, not rated).
Risk tips
The implementation of policies is less than expected, and the progress of R & D is less than expected.
