Market review and Valuation: Shenwan computer sector fell 5.23% this week (04 / 11-04 / 15), 4.24 percentage points lower than Shanghai and Shenzhen 300 index, ranking 27th in Shenwan industry; Shenwan computer sector fell 9.68% in April, 8.87 percentage points lower than the Shanghai and Shenzhen 300 index, ranking 30th in Shenwan industry; Shenwan computer sector has fallen by 25.00% this year, 9.79 percentage points lower than the Shanghai and Shenzhen 300 index, ranking 27th in Shenwan industry. In terms of valuation, as of April 15, the pettm of SW computer sector was 40.11 times, at the 5.10% quantile in recent 5 years and 11.62% quantile in recent 10 years.
Industry news: 1. The Ministry of industry and information technology issued the 2022 work plan of the industrial Internet special working group. It is mentioned that the construction of 5g full connection factory will be accelerated. Issued guiding documents for the construction of 5g fully connected factories and created 10 benchmark 5g fully connected factories. Carry out the pilot of industrial 5g private network and improve the deployment mode of 5g private network. 2. The official website of the equipment industry development center of the Ministry of industry and information technology issued the notice on carrying out online upgrading and filing of automotive software. 3. Changjiang Dayong, vice president of Huawei Kunpeng computing field and director of openeuler community, announced the latest progress of openeuler system at the meeting. Jiang Dayong said that so far, the openeuler open source community has developed 330 community partners and 8403 community developers. At present, the cumulative installed capacity of openeuler has reached more than 1.3 million units, and it is expected that the installed capacity will reach 2 million units in 2022. 4. According to the global IAAs market share data of cloud computing released by Gartner in 2021, Amazon AWS, which ranked first, fell slightly to 38.92% compared with the previous year, while Microsoft and Alibaba cloud ranked second and third, and their market share has expanded. 5, according to reports, three people familiar with the matter said Intel’s autonomous vehicle company Mobileye has hired Goldman Sachs Group and Morgan Stanley to prepare for its initial public offering (IPO).
Zhou viewpoint: from the recent policy documents issued by the central and local governments, the importance of the digital economy will be further highlighted and is expected to become one of the important driving points for steady growth this year. It is suggested that investors seize the opportunity of China’s digital transformation, focus on the “hardware and software” base, and focus on data elements, data security, data governance and other fields. Suggestions on the subject matter: securities asset management it: Hundsun Technologies Inc(600570) ( Hundsun Technologies Inc(600570) ), etc. Cloud Computing: Yonyou Network Technology Co.Ltd(600588) ( Yonyou Network Technology Co.Ltd(600588) ), Inspur Electronic Information Industry Co.Ltd(000977) ( Inspur Electronic Information Industry Co.Ltd(000977) ), Shanghai Baosight Software Co.Ltd(600845) ( Shanghai Baosight Software Co.Ltd(600845) ), Glodon Company Limited(002410) ( Glodon Company Limited(002410) ), etc. Xinchuang: Dawning Information Industry Co.Ltd(603019) ( Dawning Information Industry Co.Ltd(603019) ), China Greatwall Technology Group Co.Ltd(000066) ( China Greatwall Technology Group Co.Ltd(000066) ), China National Software And Service Company Limited(600536) ( China National Software And Service Company Limited(600536) ), etc. Network security: Venustech Group Inc(002439) ( Venustech Group Inc(002439) ), Qi An Xin Technology Group Inc(688561) -u ( Qi An Xin Technology Group Inc(688561) ), Nsfocus Technologies Group Co.Ltd(300369) ( Nsfocus Technologies Group Co.Ltd(300369) ), etc. Artificial intelligence: Iflytek Co.Ltd(002230) ( Iflytek Co.Ltd(002230) ), Zhejiang Dahua Technology Co.Ltd(002236) ( Zhejiang Dahua Technology Co.Ltd(002236) ), Hangzhou Hikvision Digital Technology Co.Ltd(002415) ( Hangzhou Hikvision Digital Technology Co.Ltd(002415) ), etc. Intelligent automobile: Thunder Software Technology Co.Ltd(300496) ( Thunder Software Technology Co.Ltd(300496) ), Huizhou Desay Sv Automotive Co.Ltd(002920) ( Huizhou Desay Sv Automotive Co.Ltd(002920) ), etc.
Risk tips: policy changes; Macroeconomic fluctuations affect the demand for downstream products; Technology advancement is less than expected; Intensified industry competition, etc.
