Report summary
I. Development Plan of modern comprehensive transportation system in the 14th five year plan: promote the deployment and application of vehicle networking. The State Council printed and distributed the development plan of modern comprehensive transportation system in the 14th five year plan. Among them, relevant plans and requirements are made for accelerating the in-depth promotion and application of intelligent technology in the transportation industry. The plan points out that we should adhere to innovation driven development, promote the deep integration of new technologies such as Internet, big data, artificial intelligence and blockchain with the transportation industry, promote the application of advanced technology and equipment, build an intelligent transportation system with ubiquitous interconnection, flexible coordination and global competitiveness, strengthen scientific and technological self-reliance and consolidate the foundation for innovation and development, Enhance the new driving force for the development of comprehensive transportation.
Improve the digital perception system of facilities. Build the information exchange network of facilities and equipment. Carry out 5g based application scenarios and industrial ecology pilot demonstration in the field of intelligent transportation. Promote the deployment and application of the Internet of vehicles, and support the construction of an intelligent management system integrating “vehicle road traffic management”. Integrate and optimize the comprehensive transportation information platform. The plan points out that it is necessary to steadily develop travel services such as autonomous driving and vehicle road coordination, encourage the testing and application of autonomous driving in limited areas such as ports and logistics parks, and promote the development of intelligent public transportation, intelligent parking and intelligent security inspection. We believe that the policy is favorable for the development of vehicle road coordination, automatic driving and Internet of vehicles. With the gradual completion of 5g coverage, the Internet of vehicles industry will usher in development. It is suggested to pay attention to the relevant subject of high-precision positioning of Internet of vehicles: Shanghai Huace Navigation Technology Ltd(300627) . At the same time, it is suggested to pay attention to the logistics target of the smart Park: Jiangsu Feiliks International Logistics Inc(300240) .
II. The operation data of the three major operators in 2021 are released. China Mobile had a net increase of 14.974 million mobile customers in 2021, and the total number of users reached 957 million. The number of 5g package customers of China Mobile increased by 221.8 million in 2021, reaching 387 million in total. The number of wired broadband customers of China Mobile increased by 29.785 million in 2021, reaching 240 million in total. China United Network Communications Limited(600050) 5g package users have reached 154.9 million, and fixed line broadband users have reached 95.046 million. In terms of mobile business, China United Network Communications Limited(600050) mobile billing users have reached 317.1 million. China Telecom Corporation Limited(601728) the total number of mobile users is 37243 million. Among them, there are 187.8 million 5g package users. In terms of wired broadband services, China Telecom Corporation Limited(601728) wired broadband has a total of 169.71 million users.
In 2021, the number of new 5g base stations in China reached 654000, and a total of 1425000 5g base stations have been built and opened. China Mobile plans to basically realize 5g continuous coverage above villages and towns by the end of 2022. China United Network Communications Limited(600050) indicates that in 2022, there will be more than 150 million pan terminals, and we will continue to promote the co construction and sharing of 5g, 4G and basic network resources in an all-round way. The three operators jointly released the white paper on 5g news, and the large-scale network foundation and user scale also laid the foundation for the future landing prospect of 5g news. The base of 5g message is through the operator network and the original entrance of the terminal. Compared with SMS, 5g message experience is better to realize the interactive closed loop of mobile Internet Ecology. We believe that the rapid increase of 5g users is conducive to the explosion of 5g applications. Downstream applications such as 5g news, industrial Internet and metauniverse will usher in development opportunities. It is suggested to pay attention to: Montnets Cloud Technology Group Co.Ltd(002123) , Kyland Technology Co.Ltd(300353) , New Guomai Digital Culture Co.Ltd(600640) .
III. Internet of things in 2021: multiple penetration and force, and the industry ushers in spring. In 2021, China’s Internet of things ushered in a new peak of industrial development. The accelerated deployment of 5g network, the expansion of Internet of things ecology by giants, the remarkable effect of large-scale connection in the industry, and the initial effect of the integration of Internet of things and new technologies. The Internet of things has strong industrial energy and market expectations, especially driven by telecom operators, China’s Internet of things industry has finally ushered in a year of “warm flowers in spring”.
Industrial policies have promoted the development of the Internet of things. Since 2021, government departments have accelerated the construction of Internet of things infrastructure. According to the data of the Ministry of industry and information technology, by the end of November, the three basic telecom enterprises had developed 1.403 billion end users of the cellular Internet of things, a net increase of 268 million over the end of the previous year, of which the end users applied to smart public utilities, smart manufacturing and smart transportation accounted for 22.3%, 17.2% and 16.7% respectively. Driven by policy, technology, application and industry leaders, the Internet of things is ushering in a golden period of development. Its broad market space and high growth rate will be an important investment track in the next five to ten years, and will also become a new revenue growth point and new driving force for operators. We believe that the prosperity of the IOT module industry remains high. With the gradual promotion of the Internet of things, the shipment of module manufacturers is still expected to maintain rapid growth. It is suggested to pay attention to: Quectel Wireless Solutions Co.Ltd(603236) , Fibocom Wireless Inc(300638) , Shenzhen Neoway Technology Co.Ltd(688159) .
Industry highlights
\u3000\u30001. Caict: in 2021, China’s 5g mobile phone shipments reached 266 million, with a year-on-year increase of 63.5%. From January to December 2021, China’s 5g mobile phone shipments reached 266 million, with a year-on-year increase of 63.5%, accounting for 75.9% of mobile phone shipments in the same period, far higher than the global average of 40.7%. By the end of December 2021, 671 5g terminals in China had obtained network access licenses, including 491 5g mobile phones, 161 wireless data terminals and 19 on-board wireless terminals. The 5g terminal market was further enriched. It is particularly worth mentioning that the price of 5g mobile phones has dropped below 1000 yuan, which strongly supports the popularity of 5g. With the improvement of network coverage and the continuous improvement of terminal performance, the number of 5g users has increased steadily. By the end of November 2021, the total number of mobile phone users of the three basic telecom enterprises had reached 1.642 billion, including 497 million 5g mobile phone terminal connections, a net increase of 298 million over the end of the previous year.
\u3000\u30002. Eoptolink Technology Inc.Ltd(300502) acquisition of equity of American optical module enterprises approved
Eoptolink Technology Inc.Ltd(300502) announced that previously, the company signed the share purchase agreement with 10 counterparties such as Tongqing Wang, Ming Ding and dobbychung Lam. The company plans to acquire the remaining equity of Alpine optoelectronics, Inc. through this acquisition, the company will deeply participate in the market competition of silicon optical module, coherent optical module and silicon photonic chip technology. Eoptolink Technology Inc.Ltd(300502) received the notification letter from the US Commission on foreign investment (CFIUS), and the Cfius review involved in this transaction has been completed. Alpine optoelectronics, Inc. is an innovative company focusing on optoelectronic products. Headquartered in Fremont, California, Chengdu Zifeng optoelectronics Co., Ltd. is its wholly-owned subsidiary. The company was founded in 2017 by senior entrepreneurs with rich experience in the field of optical transceiver modules.
The company’s core competitiveness focuses on silicon photons, pam4 and coherent optical technology, and is committed to providing advanced solutions for the next generation of optical networks.
\u3000\u30003. China United Network Communications Limited(600050) centralized purchase of access routers: Huawei, ZTE and Shanghai Nokia bell were shortlisted China United Network Communications Limited(600050) today announced the centralized purchase results of access routers in 2021, and three enterprises, Huawei, ZTE and Shanghai Nokia bell, were shortlisted. First place: Huawei, bidding price: 8334618 yuan (excluding tax); Second place: Zte Corporation(000063) ; Bid price: 624588729 yuan (excluding tax); Third place: Shanghai Nokia bell; Bid price: 652450278 (excluding tax). The scale of centralized purchase of access routers is: About 631 new access routers; There are about 4750 expansion access router board cards.
Recommended this week: 5g construction leader [ Zte Corporation(000063) ]; US sanctions upgrade domestic substitution acceleration and warming of super SIM card sales [ Unigroup Guoxin Microelectronics Co.Ltd(002049) ]; Benefiting from the rapid growth of intelligent controller industry [ Shenzhen Topband Co.Ltd(002139) ]; [ Fibocom Wireless Inc(300638) ] and [ Shenzhen Neoway Technology Co.Ltd(688159) ] of Internet of things module; Beidou industry solution leader [ Shanghai Huace Navigation Technology Ltd(300627) ]; Benefit from the explosion of energy storage and charging charges [ Longshine Technology Group Co.Ltd(300682) ].
Long term recommendation: 5g main equipment and infrastructure: Zte Corporation(000063) ; Optical communication: Suzhou Tfc Optical Communication Co.Ltd(300394) , Zhongji Innolight Co.Ltd(300308) , Eoptolink Technology Inc.Ltd(300502) , Accelink Technologies Co.Ltd(002281) , Broadex Technologies Co.Ltd(300548) ; Advanced Fiber Resources (Zhuhai) Ltd(300620) ； Optowide Technologies Co.Ltd(688195) , Juguang technology; Radio frequency: Guangdong Shenglu Telecommunication Tech.Co.Ltd(002446) ; Benefit flow explosion: Fujian Star-Net Communication Co.Ltd(002396) , New Guomai Digital Culture Co.Ltd(600640) , Wangsu Science & Technology Co.Ltd(300017) ; Internet of things segment: Quectel Wireless Solutions Co.Ltd(603236) , Fibocom Wireless Inc(300638) , Meig Smart Technology Co.Ltd(002881) , Hanwei Electronics Group Corporation(300007) , Queclink Wireless Solutions Co.Ltd(300590) . IDC direction: Beijing Sinnet Technology Co.Ltd(300383) , Shanghai Athub Co.Ltd(603881) , Shanghai Baosight Software Co.Ltd(600845) , Guangdong Aofei Data Technology Co.Ltd(300738) ; 5g messages: Montnets Cloud Technology Group Co.Ltd(002123) , Zjbc Information Technology Co.Ltd(000889) , Wutong Holding Group Co.Ltd(300292) ; Industrial Internet: Business-Intelligence Of Oriental Nations Corporation Ltd(300166) ; Intelligent controller: Shenzhen H&T Intelligent Control Co.Ltd(002402) , Shenzhen Topband Co.Ltd(002139) . Energy storage is related to new energy: Jiangsu Zhongtian Technology Co.Ltd(600522) , Hengtong Optic-Electric Co.Ltd(600487) , Kehua Data Co.Ltd(002335) , Longshine Technology Group Co.Ltd(300682) .
Risk tips
(1) systemic risk caused by the unexpected decline of the market;
(2) focus on the uncertainty risk of promoting relevant matters of the company.
