计算机行业周观点：继续关注AI Agent的应用落地和重点领域数据要素的价值释放

Investment Rating - The report maintains an "Outperform" rating for the computer industry [4]. Core Insights - The report emphasizes the acceleration of AI large model applications and the release of data element value as key areas of focus. It highlights Lenovo's launch of the first IT service AI for SMEs, and significant advancements in agent technology by Zhiyu [1][14]. The report also notes the importance of digital financial development and international cooperation in digital trade [1][14]. Summary by Sections 1. Core Views and Investment Recommendations - The report suggests focusing on the rapid deployment of AI large models and the value release of data elements. It highlights Lenovo's AI service for SMEs and Zhiyu's new products as significant advancements in the AI sector. The report also points to the digital financial development plan issued by the People's Bank of China and the government's push for digital trade reform as critical investment opportunities [1][14][15]. 2. Industry Dynamics - AI: IDC reported that Baidu Smart Cloud ranks first in China's large model platform. Lenovo launched an AI service for SMEs, and Zhiyu introduced new products in the agent technology field. The China Internet Network Information Center released a report on generative AI applications [2][19][20][22]. - Data Elements: The People's Bank of China and other departments issued a plan for high-quality digital financial development. The State Council released opinions on digital trade reform, and the National Data Bureau sought public input on data circulation governance [2][24][25]. 3. Weekly Market Review of the Computer Industry - The CSI 300 index rose by 1.32%, while the computer industry increased by 3.94%, outperforming the index by 2.62 percentage points, ranking 8th among 31 industries [28][29]. - The computer industry’s PE (TTM) is currently at 49.04, above the historical average of 47.78 since 2016 [34]. - The trading volume for the computer industry reached 9255.55 billion, with an average daily trading volume of 1851.11 billion, down 10.47% from the previous week [35][36]. - Over half of the stocks in the computer sector rose, with 282 out of 355 stocks increasing in value, representing 79.44% [39].