Xin Lang Cai Jing·2026-01-20 23:37Core Viewpoint - The report from GF Securities highlights that the biotechnology, new energy vehicles, and next-generation information technology sectors are currently leading in terms of industry prosperity, with these three sectors consistently ranking in the top three since October 2025 [1] Industry Summaries Biotechnology - The biotechnology sector is experiencing a turning point driven by innovation, with the past five years seeing major Chinese biotechnology companies filing 52.2% of total patent applications and 63.8% of total patent grants in history [1] New Energy Vehicles - The new energy vehicle sector is benefiting from both domestic sales and exports, with the China Passenger Car Association noting that the export performance of Chinese new energy vehicles has exceeded expectations. The growth in exports is primarily driven by plug-in hybrid and hybrid vehicles replacing pure electric vehicles as new growth points [1] Next-Generation Information Technology - The high prosperity in the next-generation information technology sector is attributed to the accelerated construction of AI computing power and extensive exploration of AI applications across various industries [1] High-End Equipment Manufacturing, New Materials, and Energy Conservation - The high-end equipment manufacturing, new materials, and energy conservation sectors are experiencing weaker prosperity, remaining in the contraction zone for three consecutive months [1]