In February, the industry rose 2.6%, outperforming the gem index by 3.6 percentage points, basically the same as the Shanghai Composite Index, ranking 14 / 29 in the primary industry. The strength of digital economy policy is promoted from strength to reality, and the convening of the two sessions is expected to further catalyze the market. The main line of “counting from the east to the west” is expected to continue, the localization process of Xinchuang is accelerated, and it is optimistic about the long-term development of computing power application. Recently, various policies have been favorable, from digital economy to “counting from the east to the west”, superposition of Document No. 1 Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) , medical it sinking and other line policy details have been issued, and the annual industry opportunities are expected to exceed expectations. It is recommended to add.
The two sessions will be held soon, and the digital economic policy will catalyze the market. In 2022, the fifth session of the 13th CPPCC National Committee and the fifth session of the 13th National People’s Congress will be officially held in Beijing from March 4 and March 5 respectively. Digital economy is a high-frequency hot word of the local two sessions. At the national level, a number of policies have been issued successively to implement the development of digital economy and clarify its national strategic position. Local governments also continue to accelerate the layout of digital economy. The favorable digital economy policies are expected to be further released, which will catalyze the market of the computer sector, especially in the fields of information innovation, new infrastructure and digital economy applications (such as financial technology and medical it).
The main line of “counting from the east to the west” is expected to continue and promote the application and development of computing power. “Counting from the east to the west”, as a major project of national computing power construction, has the same policy connotation with the development of digital economy. The “East data and West computing” project defines the construction needs of multiple data centers in the future, drives the government and relevant departments to purchase basic software and hardware such as servers, operating systems, middleware and databases in batches, and has become the main driving force for the growth of the information and innovation industry. The proportion of domestic software and hardware products is expected to further increase, and Xinchuang is expected to accelerate the progress of localization and move towards the development stage of business system. There is more space for computing power construction in the western region, which is conducive to the layout of computing power enterprises focusing on the West. In addition, the western region requires weak computing power, and the positioning of business is conducive to the migration of delay insensitive application scenarios to the western region.
Market review in February: during the month, computers rose 2.6%, ranking 14 / 29 in the primary industry, slightly losing 0.4 percentage points to the Shanghai Composite Index (3.0%). Key sub sectors all gained, with smart city (+ 6.13%), medical it (+ 5.85%), cloud computing (+ 5.74%) and e-government (+ 5.15%) leading the gains. The leading stocks in each sector were: Founder Technology (+ 34%, smart city), Dhc Software Co.Ltd(002065) (+ 154%, medical it), Insigma Technology Co.Ltd(600797) (+ 31.9%, cloud computing + e-government).
Investment suggestion: recommend Xinchuang, financial it and medical it tracks, and pay attention to Dawning Information Industry Co.Ltd(603019) , Inspur Electronic Information Industry Co.Ltd(000977) , Unisplendour Corporation Limited(000938) , China National Software And Service Company Limited(600536) , Yunnan Nantian Electronics Information Co.Ltd(000948) , B-Soft Co.Ltd(300451) and other stocks.
Risk warning: the policy is not as expected; The epidemic repeatedly exceeded expectations
