Core view
Market review: last week, the computer sector performed well, the digital economy became the main line of the market, and the information and innovation sector, financial it and government it performed relatively well. We believe that next week will enter the intensive period of performance forecast disclosure, and the performance will have a direct impact on the performance of individual stocks. After the disclosure of performance forecast, the market will pay more attention to the main lines and the growth expectations of enterprises in 2022.
We believe that the digital economy is likely to become the direction of sustained policy development and the medium-term main line of the computer sector: on the one hand, the new digital infrastructure is an important means of stabilizing the economy, and the construction of the data factor market is also an important basis for shaping the new driving force of economic growth; On the other hand, the combination of digital technology and various industries is also an effective means to support the high-quality development of traditional industries and help enterprises in various industries improve quality, reduce cost and increase efficiency. At the same time, the promotion of Xinchuang can also play a good supporting role in ensuring national industrial security.
Industrial digitization is expected to accelerate: technologies such as Internet, cloud computing, big data and artificial intelligence are accelerating the integration with various industries to help customers in downstream industries reduce costs, improve quality and efficiency, and even build a platform and ecological development model. We believe that under the background of accelerating the development of digital economy, the digitization of manufacturing, public utilities and other industries will accelerate, and we are optimistic about the industrial Internet and intelligent enterprises of energy and public utilities.
The information and innovation industry is expected to usher in a new round of business cycle: the “14th five year plan for promoting national government informatization” clearly puts forward “accelerating the construction of digital government and improving government service level”. We believe that various fields directly related to front-end businesses such as PC, office software, OA and PC operating system are expected to usher in a new round of development dividends; From the perspective of industry information innovation, financial information innovation will expand in 2022, and domestic middleware, domestic database, domestic server CPU and server operating system have also experienced the practical experience of pilot in key industries in the past two years, which is expected to achieve higher penetration in key industries. On the whole, the whole information and innovation industry is expected to usher in a new round of business cycle.
The performance of smart car leaders continues to perform well: this week, the two smart car leaders Thunder Software Technology Co.Ltd(300496) and Huizhou Desay Sv Automotive Co.Ltd(002920) released performance forecasts that exceeded market expectations, indicating that even if there is a core shortage dilemma, the trend of automotive intelligence is still strong. However, in the CES exhibition held recently, major science and technology and automotive giants released and exhibited their latest automotive intelligence solutions, Further promote the industry.
In the field of cloud computing, we focus on the launch of the quadratic growth curve of leading companies: product SaaS leaders, such as Beijing Kingsoft Office Software Inc(688111) , are promoting the implementation of privatized cloud deployment products for the government and large enterprises, while industry solution enterprises, such as Winning Health Technology Group Co.Ltd(300253) , Hundsun Technologies Inc(600570) , Beijing Shiji Information Technology Co.Ltd(002153) , have completed the user trial of new products. We expect that the new products of these companies will enter the accelerated implementation period in 2022.
Investment proposal and investment object
1) industry digitization direction: recommend digital Procurement Leader Beijing United Information Technology Co.Ltd(603613) (603613, buy), ERP leader Yonyou Network Technology Co.Ltd(600588) (600588, buy), water intelligent leader Zhejiang Heda Technology Co.Ltd(688296) (688296, buy); It is suggested to pay attention to Runa Smart Equipment Co.Ltd(301129) (301129, not rated), coal mine intelligent participant Hefei Gocom Information Technology Co.Ltd(688367) (688367, not rated), power information manufacturer Ygsoft Inc(002063) (002063, not rated).
2) it is suggested to pay attention to the leading enterprises in various subdivided fields of Xinchuang. Domestic server and CPU related: Dawning Information Industry Co.Ltd(603019) (603019, buy); OA system: Shanghai Weaver Network Co.Ltd(603039) (603039, not rated), Beijing Seeyon Internet Software Corp(688369) (688369, not rated); Domestic middleware: Beijing Tongtech Co.Ltd(300379) (300379, not rated), Beijing Baolande Software Corporation(688058) (688058, not rated); Domestic database: Beijing Vastdata Technology Co.Ltd(603138) (603138, not rated); Financial information creation integrator and banking software platform: Shenzhen Sunline Tech Co.Ltd(300348) (300348, not rated).
3) smart car sector: recommend Thunder Software Technology Co.Ltd(300496) (300496, buy) as the leader of intelligent car, and Autel Intelligent Technology Corp.Ltd(688208) (688208, buy) which is being laid out in the field of new energy and intelligence from the automotive aftermarket;
4) cloud computing: digital office leader Beijing Kingsoft Office Software Inc(688111) (688111, overweight), medical it leader Winning Health Technology Group Co.Ltd(300253) (300253, buy). In addition, it is recommended to pay attention to Glodon Company Limited(002410) (002410, not rated);
Risk tips
The implementation and promotion of policies were slower than expected, the macro-economy was depressed, and the progress of epidemic prevention and control was slower than expected
