5G enters the "second half", which stocks are the best to buy

　　Zhitong Finance APP learned that on December 12, Zhang Yunming, member of the Party Leadership Group and Vice Minister of the Ministry of Industry and Information Technology, stated at the 2024 China 5G Development Conference that as of the end of October 2024, the total number of 5G base stations in my country will reach 4.141 million, with 29 5G base stations per 10,000 people, completing the “14th Five-Year Plan” development goals ahead of schedule.

　　Zhang Yunming revealed that a report from the Global System for Mobile Communications Association showed that China's mobile ecosystem represented by 5G will create about 8 million jobs in 2023. According to estimates by the China Academy of Information and Communications Technology, 5G commercial use has directly driven a total economic output of about 5.6 trillion yuan and indirectly driven about 14 trillion yuan in the past five years.

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How 5G enters the second half

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　　My country's 5G development has entered the “second half” of deepening application and upgrading technology, promoting the full-chain popularization and application of new-generation information technologies such as 5G and artificial intelligence, and better playing the role of 5G in empowering, empowering intelligence and value-added, and leading a hundred industries.

　　The Ministry of Industry and Information Technology will vigorously promote 5G and other new-generation information technologies to achieve a wider range, deeper level, and higher level of multi-faceted empowerment. Continue to carry out 5G-A technology research, standard development, and product development, deepen the integration and innovation of 5G with AI, Beidou, etc., and improve the supply level of chips, modules, equipment, solutions, and other products.

　　On November 25, 12 departments including the Ministry of Industry and Information Technology released the “5G Large-Scale Application ”Sail“ Action Upgrade Plan”, which clarified that by the end of 2027, a development pattern of “universal capabilities, popular applications, and empowerment for universal benefit” will be established to comprehensively Realize 5G modular application.

　　It proposes four upgrade goals, including prominent 5G scale empowerment results, continuous enrichment of 5G industry supply, significant enhancement of 5G network capabilities, and accelerated prosperity of the 5G application ecosystem.

　　Securities Times Databao has conducted statistics on relevant 5G companies in the A-share market. The stock prices of more than 120 companies have increased by an average of 23.61% this year. The cumulative increase in the stock prices of Cambrian-U, Shanghai Belling, Xinyisheng, and Runxin Technology ranks first, all exceeding 100%.

　　Among them, 22 companies have received more than 20 institutions participating in the rating. Luxshare Precision, North Huachuang, GigaDevice, and Shanghai Electric Co., Ltd. have the highest institutional attention, and the number of institutions participating in the rating is 30 or more.

　　Li Fuchang, director of the Wireless Technology Research Center of China Unicom Research Institute, previously stated publicly that 70% of 5G-A technologies will overlap with future 6G. While promoting the construction of 5G-A, it is preparing for the commercialization of 6G in the future. 6G is expected to have a wider range of application scenarios, while further strengthening the capabilities of 5G-A.

　　Galaxy Securities Research believes that 5G applications are expected to develop on a large scale, and the communication sub-industry is expected to improve marginally. Related concept stocks: China Mobile (00941), China Telecom (00728), China Unicom (00762), ZTE (00763)