Weishitong (002268) Incident Review: China’s Wangan Powers Government Affairs Blockchain with Telekom Chain

Weishitong (002268) Incident Review: China’s Wangan Powers Government Affairs Blockchain with Telekom Chain

Event: On the morning of May 7, the “Network Technology” sub-forum of the Second Digital China Construction Summit was presented in Fuzhou.

Qing Yu, Chairman of China Net Security and Director of 30 Institutes, was invited to attend the forum and gave a keynote speech entitled “Application of Blockchain Technology in the Safe Sharing and Exchange of Government Data” for the guests.

  Views: 1. Important progress has been made in the construction of digital China.

1 The digital economy is developing rapidly, and the level of informatization continues to improve. Economic digitization and the construction of information infrastructure, and the implementation of “network power” and “digital China” strategies.

The global wave of informatization is surging, and all countries in the world regard the promotion of economic digitalization as an important driving force for achieving innovation and development.

In the complex and ever-changing context of the times, accurately grasping the trend of the times, taking the implementation of a powerful country on the 南京夜网 Internet, and accelerating the construction of “Digital China” as a major strategy for the development of the country are of great significance and far-reaching impact.

At present, important breakthroughs have been made in information infrastructure construction, core technology and core industries. New formats such as the digital economy, digital society, and digital government are also accelerating to take shape, and gradually become the new driving force for supply-side structural reform.

With the advent of the global economic wave, China will deepen international exchanges and cooperation in the digital economy, jointly promote the transformation of the global Internet governance system, and work with other countries in the world to build a community with a shared future in cyberspace.

  At the main forum of this summit, the State Cyberspace Office released the “Digital China Construction and Development Report (2018)”. The report pointed out that the overall progress of digital China construction in 2018 was obvious, and the construction of information infrastructure was accelerated.

The number of Internet users has reached 8.

2.9 billion, with an Internet penetration rate of 59.

6%, an increase of 3 from last year.

With 8 units, the internet information industry maintained a good growth momentum, and the electronic information manufacturing industry, software and information technology service industry, communications industry, and big data industry maintained rapid growth.

Information technology R & D and innovation are active. In 2018, the number of domestic information technology invention patents granted reached 18.

50,000 pieces, an increase of 10 in ten years.


  Abstract: China Net Security appeared at the Digital China Construction Summit, showing a number of new products, especially the telecommunications blockchain powering government affairs blockchain, opening up new growth space.

The new leadership team has a new climate. The parent company, China Net Security Group, has an order growth rate of more than 30% in the first quarter. The new chairman of the board of directors Qing Qing and the leaders of various business lines have an annual business goal responsibility statement, and put forward a fight for the second quarter.

The company focuses on network security, with the goal of ensuring cyberspace security. Under the circumstances that the security threats to critical information infrastructure are not optimistic and the severity of data security is increasing, the company is expected to give full play to the responsibilities and layout of the national team of cybersecurity.The new business of the cyber security system is expected to provide complete protection for the Kuomintang government and military and key infrastructure industries. Performance is expected to appear in a blowout situation this year. Active participation is recommended.

We predict the company 2019?
The profit in 2020 is 5.

4.7 billion, 8.

0.8 billion, EPS is 0.

65 yuan, 0.

96 yuan, maintaining the “strongly recommended” level.

  Risk reminder: The progress of the construction of the cyber army is more than expected, and the security operation and maintenance business of the central enterprise is lower than expected.