CS&S(SH:600536) Xuan Gu Bao·2025-08-25 23:14Core Insights - The China Operating System Industry Conference will be held on August 26, 2025, marking the launch of the new Galaxy Kirin Operating System V11, representing a significant breakthrough in China's operating system development [1] - The Ministry of National Security has highlighted security risks associated with foreign-produced chips, advocating for the use of domestically produced chips and operating systems in sensitive positions [1] - The Central Government Procurement Center issued a notice in March 2024 prioritizing the procurement of domestic CPUs and operating systems, indicating an acceleration in the adoption of domestic technology [1] Market Overview - According to Changjiang Securities, the Chinese operating system market is projected to reach a scale of 45 billion yuan by 2025, with the Xinchuang operating system market expected to reach 9.75 billion yuan, driving rapid revenue growth for domestic operating system vendors [1] - The competitive landscape of the domestic operating system market is expected to consolidate from a diverse array of players to a more focused ecosystem, with the operating system ecosystem becoming a decisive factor in competition [1] Competitive Landscape - In the Xinchuang market, Kirin Software and Euler are positioned with strong first-mover advantages in the PC and server segments, respectively, and are likely to further solidify their leading positions [1] - Huawei's Harmony OS is anticipated to leverage its mobile ecosystem to enhance its presence in the market [1] Key Players - The "national team" in the Xinchuang sector includes companies such as China Software, Dameng Data, China Great Wall, Haiguang Information, and Taiji Co., among others [1]