Market review and Valuation: Shenwan computer sector fell 4.68% this week (04 / 18-04 / 22), 0.49 percentage points lower than Shanghai and Shenzhen 300 index, ranking 19th in Shenwan industry; Shenwan computer sector fell 13.90% in April, 8.95 percentage points lower than CSI 300 index, ranking 30th in Shenwan industry; Shenwan computer sector fell 28.51% this year, 9.75 percentage points lower than the Shanghai and Shenzhen 300 index, ranking 27th in Shenwan industry. In terms of valuation, as of April 22, the pettm of SW computer sector was 38.84 times, at the quantile of 0.78% in recent 5 years and 8.20% in recent 10 years.
Industry news: 1. Huawei’s consumer business was officially renamed Huawei’s terminal business and entered the commercial field in an all-round way. Huawei’s terminal business aims at the government and large enterprises. It will tailor solutions, provide open capacity and system customization services, and meet the scenario needs of different industries, such as daily / travel and office of government and enterprises, paperless conference system, teaching management of school computer classroom, transformation of safe operation watches of energy miners, etc. 2. Anmou technology said that since its formal independent operation in April 2018, it has exceeded the five-year planning goal set when the joint venture landed in Shenzhen in advance. According to the data released by anmou technology, the overall revenue of anmou technology has increased by 250% from 2018 to 2021. At present, there are more than 800 employees in Shenzhen, Shanghai, Beijing, Chengdu and other places, of which the number of high-end R & D personnel accounts for more than 80%. At present, there are more than 300 authorized partners in China, and the total shipment volume of partner chips has exceeded 25 billion. 3. According to foreign media reports, Adam selipsky, head of Amazon cloud computing, said he was not prepared to spin off the lucrative AWS cloud computing department.
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.
