Core Viewpoint - The 2025 China Computer Conference (CNCC2025) is being held in Harbin, focusing on the theme "Digital Intelligence Empowering Infinite Possibilities," highlighting the significance of AI in driving growth in the cloud computing industry [1] Group 1: AI and Cloud Computing - AI is identified as the core engine driving growth in the cloud computing sector, with significant demand for computing power arising from large model training and inference [1] - Major global cloud vendors are increasing capital expenditures for high-performance infrastructure and enhancing AI development tools and platform services to accelerate large-scale implementation across various industries [1] - The investment opportunities in the computer industry are viewed positively due to the incremental space and profit prospects brought by AI [1] Group 2: Domestic Technology and Software Development - The current external environment is marked by disturbances, with increased policy risks and uncertainties, emphasizing the urgency for China's technological self-reliance [1] - The push for domestic production is expected to accelerate, presenting new development opportunities in sectors such as trusted computing and industrial software [1] - In the trusted computing field, companies with competitive advantages in basic hardware, basic software (databases, operating systems, middleware), and application software are recommended for attention [1] - In the industrial software sector, companies excelling in product design, production control, and management processes (including EDA, CAD, CAE, CAM, MES, CRM, ERP) are highlighted as having competitive advantages [1]

Group 1 - The China Industrial and Information Technology Ministry has deployed key tasks for the second half of the year, emphasizing the promotion of "AI + manufacturing" actions and strengthening foundational research and key application scenarios [2] - Several state-owned enterprises have initiated actions in line with the ministry's directives, including the establishment of the AI + New Industrialization Innovation Research Institute by China Mobile and the launch of an integrated AI service platform by China Telecom [2] - The national-level AI platform "Huanxin Community" was introduced to promote the maturity of domestic AI technologies and industry ecosystems, aggregating data sets from 13 industries and opening up 40 high-value strategic AI scenarios from 16 state-owned enterprises [2] Group 2 - The Xinchuang ETF (562570) has seen a strong increase of 1.65% as of July 31, with constituent stocks such as Yonyou Network rising by 10.03% and 360 by 6.20% [1] - The Xinchuang ETF (562570) has experienced significant growth in scale, with an increase of 229 million yuan and a rise of 15.9 million shares over the past three months [1][3] - The Xinchuang ETF (562570) tracks the CSI Information Technology Application Innovation Industry Index, focusing on leading companies in AI, data computing, industrial software, and information security [3]