This week’s view:
I. “counting from the east to the west” has been fully launched, and digital infrastructure has become a marginal focus
“Counting from the east to the west” has been raised to the strategic level, which once again demonstrates China’s great importance to digital construction. The significance of “counting from the east to the west” lies in the abundant resources in the western region, which has the potential to develop the data center and undertake the demand for computing power in the East. It can effectively alleviate the gradual shortage of land, energy and other resources in eastern China, and it is difficult to maintain the sustainable and large-scale development of the data center. Based on 8 computing hubs and 10 national data centers, it can effectively speed up data transmission, reduce transmission costs, ensure data energy supply, and coordinate and arrange energy consumption indicators. “Counting from the east to the west” can optimize the computing power and enhance the international competitiveness of China’s data; Open up the digital artery and promote the coordinated development of the East and the West; It is highly in line with the goal of “double carbon” and promotes the green and sustainable development of digital economy.
II. The digital trend is clear, and the digital economy is set sail
As the general trend of digital economy, policies and technologies will promote the vigorous development of digital economy. The new infrastructure is the foundation and wind vane of China’s digital economy. The new infrastructure enables the development of China’s digital economy. The development of big data, computing network and cloud service platform has become the primary goal of China’s digital economy. The east wind of the policy has come. The State Council has made clear the goal, path, direction and system construction of digital economy development during the 14th Five Year Plan period. China’s digital economy is expected to flourish at a high speed.
The core business of Xinchuang is the comprehensive localization of China’s basic software and hardware system, and the national level attaches great importance to the realization of comprehensive independent control. At present, there is “lack of core and soul” in China’s hardware system The phenomenon of “is being adjusted, but the ecology of localization has been gradually opened. Many localization service providers have emerged for office systems, operating systems, application software, databases, servers, etc. in the stage of China’s digital construction, the flexibility of servers is quite high. With the development of cloud computing, big data, Internet of things, mobile Internet, blockchain, 5g and other technologies With rapid development, the scale of computing power is expected to increase nearly tenfold. With the increasing demand for artificial intelligence and cloud computing, it is expected to further drive the digital scale of the whole server.
Financial it “14th five year plan” “In the development plan of digital economy, it is clearly mentioned that the financial industry is the key transformation object, including intelligent payment, intelligent network, intelligent investment adviser and the pilot of digital RMB. The digital transformation of finance will become the primary development in the future. At the same time, financial it faces security needs, policy needs, competition needs, technology needs, etc. with the wave of financial informatization and digital With the promotion of RMB, the bank’s it continues to benefit.
III. The digital trend is clear, and the digital economy is set sail
Digital infrastructure is the cornerstone of China’s digital economy and empowers the development of China’s digital economy. The development of big data, computing network and cloud service platform has become an important goal for the development of China’s digital economy. Therefore, digital infrastructure manufacturers have benefited significantly. The benefit targets are: Dawning Information Industry Co.Ltd(603019) , Shanghai Baosight Software Co.Ltd(600845) . Other beneficiary manufacturers include: Inspur Electronic Information Industry Co.Ltd(000977) . This year, the promotion of Xinchuang may focus on financial and other subdivided industries and sinking market substitution. Looking back on the relevant policies of ICT before and after the two sessions, we believe that a new round of ICT business cycle will be ushered in under the catalysis of the two sessions. Core recommendation: domestic middleware leader dongfangtong, domestic WPS leader Beijing Kingsoft Office Software Inc(688111) (jointly covered with small and medium-sized disk groups). Other beneficiaries include: 1) domestic PDF leader Fujian Foxit Software Development Joint Stock Co.Ltd(688095) ; 2) Operating system field: China National Software And Service Company Limited(600536) , Archermind Technology (Nanjing) Co.Ltd(300598) ; 3) CPU chip field: China Greatwall Technology Group Co.Ltd(000066) ; 4) GPU graphics card field: Changsha Jingjia Microelectronics Co.Ltd(300474) .
With the upward industrial trend of banking IT boom and the catalytic factors of regulatory policies, we are firmly optimistic about the top listed companies: Shenzhen Sunline Tech Co.Ltd(300348) , Digital China Information Service Company Ltd(000555) , Global Infotech Co.Ltd(300465) . Other beneficiary targets include: Tansun Technology Co.Ltd(300872) , Northking Information Technology Co.Ltd(002987) . In addition, the insurance it leader: Sinosoft Co.Ltd(603927) is also expected to benefit.
Investment advice
Reiterate that they are firmly optimistic about leading companies with card advantages in prosperous tracks such as cloud computing SaaS, energy it, financial technology, intelligent driving and artificial intelligence, and actively recommend the following seven investment main lines: 1. Cloud computing SaaS: focus on enterprise SaaS leader Yonyou Network Technology Co.Ltd(600588) , office software leader Beijing Kingsoft Office Software Inc(688111) (joint coverage with small and medium-sized markets) and super Integration Leader Sangfor Technologies Inc(300454) . 2. New energy it: focus on recommending energy SaaS leader Longshine Technology Group Co.Ltd(300682) (joint coverage of communication groups), distribution network dispatching pioneer Dongfang Electronics Co.Ltd(000682) , and domestic energy BIM software leader Beijing Forever Technology Co.Ltd(300365) . 3. Fintech: focus on recommending securities it Hundsun Technologies Inc(600570) . In addition, Yusys Technologies Co.Ltd(300674) , Shenzhen Sunline Tech Co.Ltd(300348) , Hithink Royalflush Information Network Co.Ltd(300033) all welcome the upswing of the boom. 4. Intelligent driving: the vehicle OS leader Thunder Software Technology Co.Ltd(300496) , the intelligent cockpit leader Huizhou Desay Sv Automotive Co.Ltd(002920) (joint coverage of vehicle groups) and the high-precision map leader Navinfo Co.Ltd(002405) are recommended as the key beneficiaries. 5. Artificial intelligence: the intelligent voice faucet Iflytek Co.Ltd(002230) is recommended. 6. Network security: focus on recommending emerging security double leaders Qi An Xin Technology Group Inc(688561) + Sangfor Technologies Inc(300454) , Dbappsecurity Co.Ltd(688023) as a subdivision of emerging security leaders will also benefit in depth. Other benefit targets include: Venustech Group Inc(002439) , Xiamen Meiya Pico Information Co.Ltd(300188) . 7. Xinchuang: domestic WPS leading manufacturer Beijing Kingsoft Office Software Inc(688111) (jointly covered with small and medium-sized disk groups), domestic middleware leading Beijing Tongtech Co.Ltd(300379) , domestic PDF leading Fujian Foxit Software Development Joint Stock Co.Ltd(688095) , and domestic server leading Dawning Information Industry Co.Ltd(603019) .
Risk tips
Market systemic risks, the landing of scientific and technological innovation policies is less than expected, and China US game emergencies
