数往知来-鸿蒙板块深度复盘与推荐

Summary of Huawei HarmonyOS Sector Conference Call Industry Overview - The conference call focuses on the Huawei HarmonyOS sector, which has experienced multiple fluctuations since its inception in 2019, influenced by market conditions and policy factors [1][2]. Key Points and Arguments - Market Performance: Since the official announcement of HarmonyOS in June 2019, the sector has gone through various development stages, with significant price movements observed during the launch of mobile devices in 2021 and the release of the pure HarmonyOS in 2023 [2][3]. - Stock Impact: The development of HarmonyOS has had a substantial impact on related stocks, with leading stocks like Runhe Software seeing increases of over 400% during independent market rallies [3][5]. - Future Influences: Factors that may continue to affect the HarmonyOS sector include Huawei's product advancements, geopolitical tensions, market liquidity, individual stock performance, and policy support [4][5]. - Index Performance: From April 2023 to November 2024, the HarmonyOS index experienced fluctuations, including an 11% decline followed by a significant rebound, primarily driven by the release of the pure HarmonyOS version in August 2023 [5][6]. - Major Iterations: The HarmonyOS has undergone three significant iterations since 2019, each triggering notable market movements, particularly the mobile version launch in 2021 and the programmer version in 2023 [6][7]. - Future Upgrades: The anticipated release of the PC version of HarmonyOS in March 2025 is expected to create new market opportunities, potentially competing with Windows and Mac OS [7][9]. - Market Potential: The HarmonyOS sector is projected to have a vast market space, with estimates suggesting a revenue potential exceeding 1,500 billion RMB from both closed-source and open-source models [11][12]. Recommended Investment Opportunities - Investment Targets: The recommended companies for investment include Softcom Power, China Software, and AsiaInfo Security, each holding strategic advantages in technology services, domestic promotion, and security components, respectively [12]. Additional Important Insights - Unified Operating System Potential: HarmonyOS is positioned to become a unified operating system in China, addressing the need for a cohesive platform amidst the diverse operating systems currently in use [9][10]. - Government Support: The Chinese government is expected to support the promotion of domestic operating systems, which will benefit the HarmonyOS ecosystem [10]. This summary encapsulates the critical insights and projections regarding the Huawei HarmonyOS sector, highlighting its market dynamics, stock performance, and future growth potential.