计算机2025年度策略：拨云见日，政策与技术革新共振

Investment Rating - The report suggests focusing on the Xinchuang industry chain, AI-related stocks, smart automotive industry stocks, and industrial software stocks [2] Core Insights - The Xinchuang industry, which involves domestic IT infrastructure and software, is expected to open up a market space worth hundreds of billions due to increasing geopolitical tensions and supply chain security concerns [12][11] - The AI application sector is rapidly developing, with domestic companies expected to replicate successful overseas models, leading to diverse application scenarios [50][34] - The smart driving market is anticipated to see significant growth, with high-level autonomous driving solutions and Robotaxi services expected to become mainstream [36][40] Summary by Sections Xinchuang Industry - The Xinchuang industry is driven by the need for domestic IT solutions, with a focus on replacing foreign technology in government and enterprise sectors [12][11] - Key players in the Xinchuang industry include companies like Nasta, China Great Wall, and others, which are expected to benefit from government initiatives [2][21] AI Industry - The AI sector is seeing a surge in applications across various fields, with companies like Tencent and iFlytek leading the charge in AI model development [34][50] - The report highlights the importance of AI in education and office applications, suggesting that companies like Kingsoft and iFlytek are well-positioned for growth [34][60] Smart Automotive Industry - The smart automotive sector is experiencing rapid advancements, with a projected market size of 16.7 billion yuan in 2023, driven by high-performance computing solutions [43][36] - Companies like Desay SV and others are leading in the development of smart driving solutions, with significant growth in revenue expected [77][36] Industrial Software - The industrial software market is projected to grow significantly, with a compound annual growth rate of 13.20% from 2019 to 2023, reaching a market size of 319.7 billion yuan in 2024 [83][84] - The report indicates that the revenue of listed companies in the industrial software sector has been steadily increasing, reflecting a strong demand for automation and digitalization solutions [84][83]