The government work report first proposed the development of smart cities and digital villages, and the military budget increased by 7.1% year-on-year.
digital village joining this year’s government work report
On March 5, the fifth session of the 13th National People’s Congress opened at the Great Hall of the people in Beijing. The government’s report puts forward the development target of about 5.5% of China’s GDP this year. Securities Times · databao combed the key policies of the industry in the government work report for readers.
The government work report proposes to promote the development of digital economy and strengthen the overall layout of Digital China construction. Build digital information infrastructure, promote the large-scale application of 5g, promote the digital transformation of industries, and develop smart cities and digital villages. Accelerate the development of industrial Internet, cultivate and expand digital industries such as integrated circuits and artificial intelligence, and improve the innovation and supply capacity of key software and hardware technologies.
Compared with previous years, this year’s government work report focuses more on the digital economy, and new expressions of smart city and digital village are added.
In January, the central network information office and other 10 departments jointly issued the action plan for digital village development (20222025);
In the No. 1 central document issued in February 22nd, the digital village also appeared as a new content. It called for “speeding up the standardization of digital villages, studying and formulating the evaluation index system for development, and continuing the digital rural pilot project.”
This time, it was written into the government work report again, and its strength can be seen.
“Digital village” is an important part of digital economy. At present, the digitization process in China’s agricultural production field lags behind, and the proportion of agricultural digital economy in the added value of the industry is still low Huaxi Securities Co.Ltd(002926) believes that as the driving force of China’s rural economic growth is further tapped, the impact of digital transformation will be more far-reaching. The army and horse have not moved, the food and grass have taken the lead, and the intensive introduction of policies fully proves that the digital village will usher in a stronger and wider range, supported by multi-dimensional points and areas.
According to the statistics of data treasure, there are 38 A-share digital rural concept stocks. Since the Spring Festival, the average number of concept stocks has soared by 12.36%, and 23 stocks have risen by more than 10% Hubei Forbon Technology Co.Ltd(300387) , Zjamp Group Co.Ltd(002758) , Xinjiang Guannong Fruit & Antler Co.Ltd(600251) ranked the top three, with an increase of 65.75%, 55.4% and 31.42% respectively in the same period. As of March 4, the overall valuation of the sector was 30.51 times, at a high level in nearly a year. Among the conceptual stocks, the concept shares are the concept shares in which the \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\thelatest rolling P / E ratio of 7 shares is lower than this value.
Among the stocks that have issued the annual performance report, the net profit of Ronglian Group Ltd(002642) , Troy Information Technology Co.Ltd(300366) and Troy Information Technology Co.Ltd(300366) is expected to double based on the express data or the median value of the notice interval Zjamp Group Co.Ltd(002758) , Easy Visible Supply Chain Management Co.Ltd(600093) , Shenzhen Noposion Agrochemicals Co.Ltd(002215) , Newland Digital Technology Co.Ltd(000997) , First Tractor Company Limited(601038) , Stanley Agriculture Group Co.Ltd(002588) and other six stocks saw a 50% increase in net profit.
defense budget increased by 7.1%
On March 5, according to the draft government budget report submitted by the Ministry of finance at the National People’s Congress, China’s military budget this year was 1.45 trillion yuan, a year-on-year increase of 7.1%, an increase of 0.3 percentage points over last year. Since the “two consecutive declines” in military expenditure growth in 20182020, there have been “two consecutive rises” in 2021 and 2022.
Citic Securities Company Limited(600030) believes that the overall valuation of the military industry has fallen back to the quantile of nearly 30% in the past five years, and the overall net profit growth range of core military enterprises in 2021 is 45.3% – 54.4%, with unchanged growth. The 14th five year plan is the golden development period of the military industry. The valuation of most core cursors in 2022 is only 30-35 times, and the growth rate is expected to remain at about 45% this year and next. Although the short-term rebound space of the industry will still be affected by the market style and overall risk appetite, it has allocation value after the overall stabilization.
According to data treasure statistics, up to now, 78 national defense and military industrial units have issued relevant annual performance reports. Based on the express data or the median value of the forecast interval, the net profit of 27 shares increased by more than 50% and 13 shares doubled Sichuan Haite High-Tech Co.Ltd(002023) led the increase. The net profit of the company increased by more than 20 times year-on-year due to the large investment income confirmed by the change of control of Haiwei Huaxin last year. Subsequently, the net profit of three shares of AVIC technology, Kingsignal Technology Co.Ltd(300252) , Avic Heavy Machinery Co.Ltd(600765) increased by more than 150% year-on-year.
Since the Spring Festival, the Shenwan national defense and military industry index has been at a relatively low level, with a narrow range and a cumulative increase of less than 2%. Of the above 27 shares, Allwin Telecommunication Co.Ltd(002231) , Beijing Unistrong Science & Technology Co.Ltd(002383) , Aecc Aero Science And Technology Co.Ltd(600391) , Kingsignal Technology Co.Ltd(300252) , North Industries Group Red Arrow Co.Ltd(000519) and other 5 shares rose by more than 10% Guoguang Electric Co.Ltd.Chengdu(688776) , Fujian Torch Electron Technology Co.Ltd(603678) retreating range ranks first, with 7.16% and 13.31% respectively.
In terms of agency rating, China Zhenhua (Group) Science & Technology Co.Ltd(000733) , Western Superconducting Technologies Co.Ltd(688122) , Avic Heavy Machinery Co.Ltd(600765) , Beijing Yuanliu Hongyuan Electronic Technology Co.Ltd(603267) , Xi’An Triangle Defense Co.Ltd(300775) , Chengdu Ald Aviation Manufacturing Corporation(300696) , , and more than 10 agencies participated in the company rating.
Statement: all information contents of databao do not constitute investment suggestions. The stock market is risky and investment should be cautious.
