计算机行业周报：关税降低利好市场，关注军工信息化-20250519

Investment Rating - The report maintains a "Recommended" investment rating for the computer industry [6] Core Viewpoints - The reduction of tariffs is expected to accelerate China's economic growth, positively impacting the capital market and the overall performance of the computer industry [4][20] - The military informationization sector is highlighted as a promising area, with improved order conditions reported by some companies [4][20] - The AI commercialization is progressing, with significant advancements in large model technologies, particularly with the release of OpenAI's GPT-4.1 model [4][20] Summary by Sections Market Review - During the week of May 12-16, 2025, the computer (Shenwan) index declined by 1.26%, trailing behind the Shanghai Composite Index, which rose by 0.76%, and the Shenzhen Component Index, which increased by 0.52% [1][11] - Sub-sector performance showed declines in computer equipment (-0.92%), software development (-1.15%), and IT services II (-1.65%) [1][13] Key Announcements - Beijing Lier announced an investment of 200 million RMB in Shanghai Zhenliang Intelligent Technology Co., focusing on AI chip development [2][17] - Guoneng Rixin upgraded its "Kuangming" new energy model, enhancing its predictive capabilities in various fields [2][19] - Newland plans to globalize its payment solutions, enhancing its digital solutions for global commerce [3][19] Investment Insights - The joint statement from the US and China on May 12, 2025, regarding tariff adjustments is expected to benefit the computer industry as economic conditions improve [4][20] - Companies like Zhimingda reported a significant recovery in orders, with a 174% year-on-year increase in total orders, particularly in airborne and missile-mounted products [4][20] - The AI sector is witnessing rapid advancements, with major companies launching new models and enhancing their offerings [4][20]