Event: Xi Jinping presided over the 11th meeting of the central financial and Economic Commission and stressed that we should comprehensively strengthen infrastructure construction and build a modern infrastructure system to lay a solid foundation for building a modern socialist country in an all-round way.
Accelerating the construction of infrastructure network will help accelerate the great development of China’s Digital Economy: at this meeting, it was proposed to strengthen the construction of infrastructure for upgrading information, science and technology and other industries, lay out and build a new generation of supercomputing, cloud computing, artificial intelligence platform, broadband infrastructure network and other facilities, and promote the layout and construction of major scientific and technological infrastructure. At the same time, the meeting also mentioned the development of distributed smart grid, Build a number of new green and low-carbon energy bases. Therefore, the moderately advanced construction of infrastructure network is conducive to leading the development of relevant industries, further promoting the steady progress of digital economy industry and accelerating the pace of digital transformation of traditional enterprises; We believe that the current digital economy, as an important strategy, also further puts forward the demand for infrastructure. Therefore, accelerating the construction of infrastructure network can better match the needs and industrial trends of China’s digital economy development and accelerate the pace of traditional enterprises going to the cloud.
First, we believe that the optical infrastructure and the digital network infrastructure will continue to be matched with the hardware infrastructure and other important opportunities of the digital network infrastructure; Secondly, cloud computing, AI, Internet of things, big data and other technologies, as the important support of computing power network, are the key technologies to realize the needs of enterprise digital transformation, interconnection of all things, artificial intelligence and so on. With the acceleration of the development rhythm of digital economy, the industrial demand and development rhythm will also be further accelerated. Finally, to speed up the construction of smart grid, we should speed up the digitization and intellectualization of power generation, power supply, transmission and power consumption side, better form linkage among all links, improve the efficiency of power generation and transmission, and better help “carbon neutralization and carbon peak”.
Suggested target: operators: China Mobile (covered), China Telecom Corporation Limited(601728) (covered), China United Network Communications Limited(600050) (covered); Main equipment supplier & Server: Zte Corporation(000063) (covered), Inspur Electronic Information Industry Co.Ltd(000977) , Unisplendour Corporation Limited(000938) , Fujian Star-Net Communication Co.Ltd(002396) ; Intelligent automobile: Meig Smart Technology Co.Ltd(002881) (covered), Dongguan Dingtong Precision Metal Co.Ltd(688668) , Electric Connector Technology Co.Ltd(300679) , etc; Optical module: Eoptolink Technology Inc.Ltd(300502) , Suzhou Tfc Optical Communication Co.Ltd(300394) (covered), Zhongji Innolight Co.Ltd(300308) (covered), Huagong Tech Company Limited(000988) ; IDC: Shenzhen Envicool Technology Co.Ltd(002837) (overwritten), Nanjing Canatal Data-Centre Environmental Tech Co.Ltd(603912) (overwritten), Guangdong Aofei Data Technology Co.Ltd(300738) , Shanghai Athub Co.Ltd(603881) . Cloud Computing & big data: Shenzhen Sed Industry Co.Ltd(000032) , Ucloud Technology Co.Ltd(688158) etc; PCB: Wus Printed Circuit (Kunshan) Co.Ltd(002463) , Shennan Circuits Co.Ltd(002916) , Shenzhen Fastprint Circuit Tech Co.Ltd(002436) (covered); AI： Hangzhou Hikvision Digital Technology Co.Ltd(002415) Zhejiang Dahua Technology Co.Ltd(002236) Iflytek Co.Ltd(002230) 。
Risk warning: policy support is less than expected; Digital progress is less than expected.
