Core Insights - Shenzhen Longgang aims to achieve software and information technology service revenue exceeding 80 billion yuan by 2027, doubling its revenue in three years [2] - The region has attracted nearly 400 software companies, including Huawei and ChinaSoft International, and established 21 innovation platforms [2] - China's industrial software market accounts for only 6.7% of the global market share, indicating a significant gap compared to foreign competitors [2] Industry Development - The government is facilitating collaboration between leading enterprises and software companies, allowing for real-world testing of domestic industrial software [3][4] - Shenzhen Yunbo Software Technology Co., Ltd. has partnered with major companies like Huawei and BYD to apply its simulation software in various scenarios, including electric vehicle crash testing [3] - Local software companies are developing solutions to fill gaps left by foreign software, which has historically dominated the market [3] Government Initiatives - The government is acting as a facilitator, leveraging the resources of leading enterprises to open real testing scenarios, which helps address the lack of application scenarios for domestic software [4] - The Shenzhen Industrial Software Park, a key municipal project with an investment of 2.154 billion yuan, is set to be completed by the end of July 2023, aiming to host over 100 innovative companies and 6,000 tech talents [4] - Longgang has attracted 56 software companies, including 39 in industrial software, covering essential categories such as CAD, CAE, CAM, EDA, and CAPP [5] Economic Impact - Longgang has promoted the digital transformation of over 130 billion-level industrial enterprises and assisted more than 1,200 small and medium-sized enterprises in adopting cloud platforms [5] - The region is becoming a demonstration base for industrial internet in Guangdong Province, indicating a robust growth trajectory for the industrial software sector [5]