Core Viewpoint - The launch of the new generation Chinese operating system, Galaxy Kirin V11, at the "2025 China Operating System Industry Conference" has catalyzed a significant surge in domestic software stocks, indicating a robust growth potential in the domestic operating system market driven by supportive policies [1][2][6]. Group 1: Market Performance - On August 26, A-share domestic software concept stocks experienced a collective surge, with the domestic software index reaching a nearly 10-year high, and several stocks, including Kaipu Cloud and Zhengyuan Wisdom, hitting the 20% limit up [2][6]. - Analysts predict that the Chinese operating system market will reach a scale of 58.6 billion yuan by 2025, with the software industry expected to maintain a compound annual growth rate of 12%-15% over the next 5-10 years [1][6]. Group 2: Product Highlights - The Galaxy Kirin V11 features five major highlights: 1. It is the first commercial version based on Linux Kernel 6.6, accelerating updates in Chinese operating systems [4]. 2. It maintains the highest security level, enhancing user privacy protection [4]. 3. It offers improved responsiveness and a smooth user experience, redefining office productivity [4]. 4. It has developed a mature ecosystem, fully compatible with major domestic CPUs and GPUs [3][4]. 5. It emphasizes user co-creation, ensuring that even minor user needs contribute to product value [4]. Group 3: Policy Support and Industry Outlook - The Chinese government has integrated the autonomy of operating systems into its top-level design, making it a crucial part of national information and cybersecurity [5][6]. - The State-owned Assets Supervision and Administration Commission's "Document No. 79" mandates that by 2027, state-owned enterprises must achieve 100% domestic replacement across the entire industry chain, including chips and operating systems [6]. - The software industry is projected to exceed 15 trillion yuan by 2025 and 20 trillion yuan by 2028, indicating vast market potential [6].