On March 7, Guotai Junan released a research report saying that the State-owned Assets Supervision and Administration Commission launched the action of state-owned enterprises to benchmark the value of world-class enterprises.。SOEs in the communications sector are concentrated in areas such as operators, equipment vendors and data centers, and the bank recommends focusing on revaluation opportunities for SOEs represented by Chinese telecom operators。

According to the report, the CPC Central Committee and the State Council issued the Overall Layout Plan for the Construction of Digital China.。The bank proposes to focus on the two major areas of digital infrastructure and digital resources under the plan.。In the field of digital infrastructure, the network and computing power level is expected to benefit deeply.。It is recommended to pay attention to the main equipment, optical cable, optical module, supporting facilities, IDC and other industries.。At the level of data resources, since the beginning of the year, policies at all levels have accelerated the promotion of data elements, and more detailed technology landing is currently underway.。Among them, data collection and confirmation of rights are the primary tasks, and telecom operators will occupy an extremely important leading position here.。

In this regard, Guotai Junan said that it will give the telecommunications industry "outperform the market" rating.。Recommended China Mobile, China Telecom, China Unicom, ZTE and BYD Electronics。The main concerns in terms of risk include industry chain security risks that may result from changes in the external environment, operators' CAPEX plans that are less than expected, and innovative business application development or less than expected.。