Investment summary:
Talk every Monday:
Recently, the Central Commission for network security and informatization issued the National Informatization Plan for the 14th five year plan, deployed ten tasks and defined ten priority actions. It is proposed that by 2025, decisive progress will be made in the construction of Digital China, and the development level of informatization will rise sharply.
Appropriately deploy the next generation of intelligent facility system in advance, build ubiquitous intelligent network connection facilities, pay close attention to 5g innovative application project, and continue to be optimistic about the prosperity of 5g network equipment and applications. Accelerate the construction of 5g network, strengthen the joint construction and sharing of 5g network, and form a network pattern in which multiple networks coexist in hot areas and one network supports the bottom in remote areas. Cultivate 5g technology application ecology. Accelerate the integrated, innovative development and leading application of “5g + industrial Internet”, and promote the application and promotion of 5g vertical industry. Enrich 4K / 8K, VR / AR and other new multimedia content sources. Continue to promote 5g technology innovation. Strengthen 5g enhancement technical standards and application research.
Accelerate the collaborative deployment of 5g and the Internet of things, build a new sensing infrastructure for IOT data communication, and the construction of relevant infrastructure is expected to accelerate. Speed up the construction of intelligent networked vehicle road infrastructure and 5g-v2x vehicle networking demonstration network, and realize the application of advanced automatic driving above L3 level. Build port information infrastructure based on 5g, Beidou, Internet of things and other technologies, and build an intelligent system with comprehensive perception, ubiquitous interconnection and port vehicle coordination. Speed up the construction of the Internet of things for power, strengthen the perception ability of all links such as source, network, load and storage, build a platform for real-time monitoring, online analysis and prediction and comprehensive optimal dispatching of regional energy information, and promote the “integration of multiple tables”.
The data center industrial chain is expected to continue to benefit from strengthening the intensive construction, energy conservation and efficiency enhancement of the District, and building a new computing facility integrating cloud and network. Establish a direct data center network among regional data center clusters and between clusters and major cities to accelerate the intensive, large-scale and green development. Strengthen cloud resource access and integrated scheduling, and promote the integration and opening up of public computing service resources such as government affairs, science, education and medical treatment. Build data circulation common facility platforms such as open regional data sharing and government enterprise data fusion application.
Explore the construction of cutting-edge information infrastructure, accelerate the layout of satellite communication networks for global coverage, benefit the Beidou industrial chain, and relevant applications are expected to sink further. Based on Beidou system, satellite communication network and remote sensing satellite, accelerate the construction of space information network, accelerate the deployment of Beidou intelligent terminal, and strengthen the remote sensing monitoring and emergency support service capacity of key ecological nodes. Develop cloud integrated UAVs, cameras and intelligent terminal equipment with accurate positioning, intelligent identification and multi-dimensional sensing functions to form a continuous low altitude sensing network in space and time, and develop new network communication services for airborne, shipborne and vehicle. Promote the construction of national unified train operation time service and dispatching command system based on Beidou system.
Market review:
This week (December 27, 2021-december 31, 2021), the Shanghai Composite Index, Shenzhen Component Index and gem index increased by 0.6%, 1% and 0.78% respectively, and the Shenwan communication index increased by 2.94%, ranking 11th among Shenwan’s 28 primary industries.
Performance of individual stocks in the communication sector this week:
The top five stock price increases are: Beijing Jiaxun Feihong Electrical Co.Ltd(300213) , Hangzhou Huaxing Chuangye Communication Technology Co.Ltd(300025) , Raisecom Technology Co.Ltd(603803) , Henan Shijia Photons Technology Co.Ltd(688313) , Hangzhou Anysoft Information Technology Co.Ltd(300571) the top five stock price decreases are: * ST Shida, Qingdao Topscomm Communication Inc(603421) , Shenzhen Sed Industry Co.Ltd(000032) , Yangtze Optical Fibre And Cable Joint Stock Limited Company(601869) , Shenzhen Sdg Information Co.Ltd(000070) investment strategy: with the continuous coverage of 5g network and the development of 5g applications such as high-definition video and VR games, the penetration of 5g in C-end users is expected to be further improved in the future, This will drive the improvement of operator Arup value. Operators give up the price war and improve user stickiness by providing more high-quality and differentiated services. It is recommended to pay attention to the investment opportunities of main equipment manufacturers and operators. It is recommended to pay attention to: Zte Corporation(000063) , China Mobile, China Telecom Corporation Limited(601728) (A & H), China United Network Communications Limited(600050) (A & H).
Risk tip: the development of 5g is not as expected, the Sino US trade friction has further escalated, and the epidemic has further spread.
(Shengang securities)
