CITIC Securities: The economic outlook continues to improve, focusing on investment opportunities in the technology and innovation sector.

CITIC Securities' research report stated that recently, China Unicom and Unicom Digital Intelligence announced the pre-qualification announcement for the "2025 China Unicom Universal Server Central Procurement Project". Currently, the prosperity of the information technology sector continues to rise, with both the number and scale of tender invitations increasing month-on-month. Companies related to the information technology sector, particularly in the database sub-sector, are expected to see rapid growth in the first half of 2025, confirming the high industry prosperity. It is expected that the performance of other sub-sectors with long revenue recognition cycles will improve or grow in the second half of the year.