信息服务行业信息点评：数据流通安全治理政策出台，进一步催化数据要素市场化

Investment Rating - The report suggests a positive outlook for the data circulation security governance industry, indicating potential investment opportunities in related companies [2][8]. Core Insights - The National Data Bureau has released a draft plan to enhance data circulation security governance, aiming to establish a clear and collaborative governance system by the end of 2027, which will support a thriving data market [2][12]. - Data circulation security governance is identified as a key component of national data infrastructure, emphasizing the importance of securing data throughout its lifecycle [3][13]. - The plan clarifies responsibilities for data providers and users, ensuring legal data sources and proper usage, particularly in public data sharing [4][14]. - The report highlights the encouragement for enterprises to maximize data value while ensuring security, promoting data openness and the use of data masking for sensitive information [4][14]. - The integration of national network identity authentication is proposed to enhance personal information protection, facilitating secure data flow [5][15]. - The report anticipates growth in the data security service industry, benefiting core data security firms through advancements in research, technology, and service development [8][15]. Summary by Sections - Investment Opportunities: The report recommends focusing on companies involved in data elements, network identity authentication, and data security, listing specific firms such as INESA Intelligent Tech, Newland Digital Technology, and Venustech Group as potential investment targets [8][16]. - Data Governance Framework: The governance framework aims to ensure efficient data flow and enhance governance effectiveness, which is crucial for the development of a robust data market [2][12]. - Security Measures: The emphasis on security measures includes audits of algorithms and models, ensuring that high-value data is secure and traceable throughout its lifecycle [3][13].