BOCOM INTL: The technology sector may have greater development opportunities during the "Eleventh Five-Year Plan" period, and we are confident in its prospects for technological development and industry chain opportunities.

BOCOM International released a research report stating that the Fourth Plenary Session of the 20th Central Committee of the CPC approved the "Proposal of the Central Committee of the CPC on Formulating the 15th Five-Year Plan for National Economic and Social Development." The bank believes that the technology industry may have greater development opportunities during the "15th Five-Year Plan" period. The plenary session proposed to accelerate the development of high-level self-reliance in science and technology, leading the development of new productive forces. At the same time, the bank sees that the technology industry still has significant room for development in many areas. The bank stated that it is optimistic about the technological development prospects and industrial chain opportunities of key technology industries in the future. It also believes that the capital market's support for technology and industry may continue to deepen. The bank is particularly optimistic about the investment prospects in key areas, such as artificial intelligence algorithms and applications, including the artificial intelligence infrastructure for new computing, storage, and communication, Siasun Robot & Automation and embodied intelligent technology, domestic semiconductor equipment and manufacturing, domestic integrated circuit design and supporting software, next-generation communication technology, smart cars and new consumer electronics products, quantum communication and computing technology, and low-altitude economy.