两会定调脑机发展，前沿攻关赋能产业升级

Investment Rating - The industry rating is "Outperform the Market," indicating that the overall return of the industry is expected to exceed the market benchmark index by more than 5% over the next 6 months [6][14]. Core Insights - The report highlights that brain-computer interfaces (BCIs) have emerged as a new focus in advanced manufacturing, as emphasized during the 2026 National People's Congress. The Ministry of Industry and Information Technology (MIIT) aims to integrate BCIs into the manufacturing industry to accelerate innovation and enhance productivity [3][4]. - The BCI market is projected to grow significantly, with the global market expected to reach approximately $2.62 billion in 2024 and $2.94 billion in 2025, potentially increasing to $12.4 billion by 2034, reflecting a compound annual growth rate (CAGR) of 17.35% over ten years. In China, the BCI market is anticipated to grow from 3.2 billion yuan in 2024 to 6.14 billion yuan by 2028 [5]. Summary by Sections Industry Development - The MIIT has outlined a five-pronged approach to promote the modernization of the industrial system, with a focus on stabilizing growth and enhancing innovation. BCIs are identified as a key area for technological advancement, alongside other fields such as quantum technology [3][4]. Market Potential - The report indicates that the BCI market is positioned as a critical growth area within the "14th Five-Year Plan," with expectations for BCIs to become a new economic growth point. The anticipated growth in this sector is expected to contribute significantly to the high-tech industry in China over the next decade [5]. Investment Recommendations - The report suggests monitoring specific companies within the BCI sector, including Yan Mountain Technology, Hanwei Technology, Sanbo Brain Science, and others, as potential investment opportunities due to their involvement in this rapidly evolving market [5].