计算机：财税体制改革走向实施阶段，IT建设需求加速释放

Investment Rating - The report assigns an "Accumulate" rating for the industry, consistent with the previous rating [2][13]. Core Viewpoints - The report highlights that the fiscal and tax system reform has transitioned from planning to implementation, with IT construction needs accelerating [3][4]. - The Ministry of Finance's recent announcements indicate a solid foundation for funding sources and the introduction of more incremental policy measures [4]. - The report emphasizes that the fiscal IT construction will be the first to benefit from the reform measures, with a focus on improving budget systems and fiscal transfer payment systems [4]. Summary by Sections Industry Overview - The report discusses the transition of fiscal and tax system reform from planning to implementation, with significant changes expected in the coming years [3][4]. - It notes that the Ministry of Finance plans to introduce a series of reform measures that are mature and tangible, particularly in the fiscal sector [4]. Investment Recommendations - Recommended stocks include: - Yonyou Network (用友网络) with a target price of 11.06, projected EPS of 0.07 for 2024, and a PE ratio of 79 [8]. - Kingdee International (金蝶国际) with a target price of 9.33, projected EPS of -0.01 for 2024, and a PE ratio of 199 [8]. - TP-Link Software (普联软件) with a target price of 18.90, projected EPS of 0.77 for 2024, and a PE ratio of 25 [8]. - Beneficiary stocks include: Tax Friend Co. (税友股份), China Software (中国软件), Boss Software (博思软件), Zhongke Jiangnan (中科江南), and Ji Qi Software (久其软件) [4].