1、 Event overview
On December 28, 2021, eight departments including the Ministry of industry and information technology, the national development and Reform Commission, the Ministry of education, the Ministry of science and technology, the Ministry of finance, the Ministry of human resources and social security, the State Administration of market supervision and administration, and the state owned assets supervision and Administration Commission of the State Council jointly issued the intelligent manufacturing development plan for the 14th five year plan.
2、 Analysis and judgment
Development planning shows the development belief of intelligent manufacturing, and quantitative indicators give the way forward
The 14th five year plan for intelligent manufacturing development points out that 70% of manufacturing enterprises above Designated Size basically realize digital networking, and the market satisfaction rates of intelligent manufacturing equipment and industrial software exceed 70% and 50% respectively. We believe that the development plan gives clear quantitative indicators in three aspects: transformation and upgrading, supply capacity and basic support, which fully shows that the policy level attaches importance to and supports the development of basic technologies of intelligent manufacturing software and hardware.
The phenomenon of "neck sticking" catalyzes the self-improvement of localization and the general trend of industrial software autonomy
On July 30, 2021, the Political Bureau of the CPC Central Committee held a meeting, which pointed out the need to carry out special actions to supplement and strengthen the chain, accelerate the solution of the "neck" problem, and develop specialized, special and new small and medium-sized enterprises. As one of the 35 "neck stuck" problems, the necessity of overcoming industrial software is beyond doubt. With trade uncertainty, in order to prevent the upgrading process of China's manufacturing industry from being blocked, the autonomy of industrial design software is one of the ways to effectively avoid the "neck sticking" phenomenon.
With the advent of the era of intelligent manufacturing, Chinese giants may be on the road
Referring to the data of the National Bureau of statistics, as a global processing center, China's Industrial Enterprises above Designated Size will achieve an operating revenue of 106.14 trillion yuan in 2020, accounting for nearly 30% of the world. Relying on the huge market depth of China's power, chemical, pharmaceutical, machinery and other manufacturing industries and the strong support of policies related to intelligent manufacturing, China is expected to produce its own industrial software giant in the future.
3、 Investment advice
The "14th five year plan" for intelligent manufacturing development fully demonstrates the importance that the state attaches to information driven manufacturing upgrading. As the intersection of overcoming the "bottleneck" of overseas technology and completing the transformation and upgrading of manufacturing industry, industrial software is expected to benefit fully during the 14th Five Year Plan period. It is recommended to Zwsoft Co.Ltd(Guangzhou)(688083) , Zhejiang Supcon Technology Co.Ltd(688777) , Essence Information Technology Co.Ltd(688555) , and pay attention to Guangzhou Sie Consulting Co.Ltd(300687) , Digiwin Software Co.Ltd(300378) , Hand Enterprise Solutions Co.Ltd(300170) and other related subjects.
4、 Risk tips:
The R & D Progress of software products related to intelligent manufacturing is less than expected, and the industry competition intensifies, resulting in the decline of gross profit margin.
