Core summary
Computer: focus on smart cars and metauniverse tracks. The "three modernizations" trend of automobile is clear. Science and technology enterprises and automobile manufacturers are preparing for the landing of high-level automatic driving, and relevant products and solutions are being launched one after another. At CES in 2022, many car manufacturers are participating in the conference through the combination of online and offline, and leading enterprises have also launched the concept model of intelligent car; Technology companies such as NVIDIA, Qualcomm and Mobileye have also launched computing platforms to deal with high-level automatic driving. The mass production time is also concentrated in 2024 and 2025, Thunder Software Technology Co.Ltd(300496) has also released solutions based on Qualcomm's latest cockpit platform. In terms of metauniverse, Qualcomm, NVIDIA and other manufacturers are promoting the development of metauniverse infrastructure in the field of chips and creative tools; Sony, Panasonic and other manufacturers also released new VR hardware products on CES. We continue to be optimistic about smart cars and yuanuniverse track. We strongly recommend Thunder Software Technology Co.Ltd(300496) and pay attention to Huizhou Desay Sv Automotive Co.Ltd(002920) .
Electronics: it is recommended to pay attention to the third generation semiconductor and miniled. The third generation semiconductor materials have significant advantages such as high frequency, high voltage, high temperature resistance and low switching loss. They can be applied to various fields such as new energy vehicles / charging piles and new energy power generation. They are also a strategic and forward-looking emerging industry supported by national policies. Many enterprises in China have actively arranged in relevant links of the industrial chain. On ces2022, chip giants continued to compete for hegemony, and mobile chips began to become the starting point of giants. How to give consideration to low power consumption and high performance has become the biggest competition point. Miniled, OLED and other new display products also shine on CES, showing richer brightness, contrast and color performance. We are optimistic about the third generation semiconductor and miniled. We recommend paying attention to relevant enterprises with existing layout, recommending Starpower Semiconductor Ltd(603290) and paying attention to Tianyue advanced.
Intelligent Manufacturing: focus on opportunities for hydrogen energy industry chain equipment companies. Hydrogen energy is a clean energy with great development potential. In June 2020, China's energy law officially included hydrogen energy in the energy category. In December 2021, the national energy administration clearly put forward that in 2022, it will focus on promoting technological breakthrough in key fields such as hydrogen energy. The hydrogen energy industry chain mainly includes hydrogen production, storage and transportation, filling and downstream application. Among them, equipment manufacturers benefit from hydrogen production, storage and transportation, filling and other links. It is recommended to pay attention to Lanzhou Ls Heavy Equipment Co.Ltd(603169) , Shanghai Supezet Engineering Technology Corp.Ltd(688121) in hydrogen production, CIMC Enrico, Square Technology Group Co.Ltd(603339) , Beijing Jingcheng Machinery Electric Company Limited(600860) in storage and transportation, and Houpu Clean Energy Co.Ltd(300471) , Moon Environment Technology Co.Ltd(000811) in filling.
Risk tips: 1) supply chain risk increases. 2) Policy support was less than expected. 3) Market demand may not be as expected. 4) Domestic substitution is less than expected.
