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<html lang="zh-CN" data-theme="night">
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<title>国产信创概览 - 深度研究报告</title>
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</head>
<body class="min-h-screen">
<div class="container mx-auto p-4 md:p-8">
<header class="text-center mb-12 relative">
<div class="absolute inset-0 -z-10 bg-[radial-gradient(ellipse_80%_80%_at_50%_-20%,rgba(59,130,246,0.2),rgba(255,255,255,0))]"></div>
<h1 class="text-4xl md:text-6xl font-bold fui-title text-sky-300">国产信创概览</h1>
<p class="text-lg md:text-xl mt-4 text-slate-400">深度研究报告</p>
<p class="text-xs mt-2 text-slate-500">北京价值前沿科技有限公司 AI投研agent“价小前投研” 进行投研呈现本报告为AI合成数据投资需谨慎。</p>
</header>
<main class="space-y-12">
<!-- 核心观点摘要 -->
<section id="core-view" class="bento-grid">
<div class="bento-item bento-item-span-12 glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-4 text-sky-400">核心观点摘要</h2>
<p class="text-base md:text-lg text-slate-300 leading-relaxed">
国产信创已跨越纯粹的政策主题阶段,进入由<strong class="text-cyan-300">国家安全战略驱动、财政资金支持、招投标订单落地</strong>的基本面兑现期。其核心驱动力在于“自主可控”的刚性需求,当前正沿着<strong class="text-cyan-300">“硬件先行、软件接力”</strong><strong class="text-cyan-300">“从党政深化到行业扩张”</strong>的清晰路径加速推进。未来最大的潜力与挑战并存于核心基础软件(数据库、工业软件)对国外产品的实质性替代,这将是决定信创产业天花板的关键。
</p>
</div>
</section>
<!-- 发展历程时间轴 -->
<section id="timeline" class="glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-8 text-center text-sky-400">概念发展历程</h2>
<div class="timeline">
<div class="timeline-item">
<div class="timeline-dot"></div>
<div class="timeline-content glass-card p-4">
<p class="timeline-date">2022年以前</p>
<h3 class="font-bold text-lg">萌芽与试点期</h3>
<p class="text-sm text-slate-400">以党政机关电子公文系统等非核心业务的局部替代为开端,政策酝酿与试点并行。</p>
</div>
</div>
<div class="timeline-item">
<div class="timeline-dot"></div>
<div class="timeline-content glass-card p-4">
<p class="timeline-date">2023年</p>
<h3 class="font-bold text-lg">政策定调与行业启动</h3>
<p class="text-sm text-slate-400">“安全”提升至国家战略高度三中全会提及16次“国资委79号文”推动行业信创破冰金融、电信、能源等试点启动。</p>
</div>
</div>
<div class="timeline-item">
<div class="timeline-dot"></div>
<div class="timeline-content glass-card p-4">
<p class="timeline-date">2024年至今</p>
<h3 class="font-bold text-lg">加速落地与建设高峰</h3>
<p class="text-sm text-slate-400">《国采20247号文》标志进入“实操元年”万亿超长期国债提供资金支持招投标显著提速Q2以来千万级项目55个总额521亿龙头业绩兑现。</p>
</div>
</div>
<div class="timeline-item">
<div class="timeline-dot"></div>
<div class="timeline-content glass-card p-4">
<p class="timeline-date">未来关键节点</p>
<h3 class="font-bold text-lg">2025年 & 2027年</h3>
<p class="text-sm text-slate-400"><strong class="text-cyan-400">2025年:</strong> 新一轮推广周期开启,军队办公信创要求全面替换。<br><strong class="text-cyan-400">2027年:</strong> 党政及八大行业关键领域国产替代的目标考核节点,本轮建设冲刺终点。</p>
</div>
</div>
</div>
</section>
<!-- 核心逻辑与市场分析 -->
<section id="logic-analysis" class="bento-grid">
<div class="bento-item lg:bento-item-span-8 glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-4 text-sky-400">核心驱动力:非经济周期的国家战略意志</h2>
<p class="text-slate-300 mb-4">信创的根本逻辑是<strong class="text-cyan-300">国家安全战略下的产业链自主可控</strong>,而非单纯的技术升级或成本优化。这赋予了信创强大的逆周期属性,其景气度与国家政策执行力和财政支持强度高度相关。</p>
<blockquote class="border-l-4 border-sky-500 pl-4 italic text-slate-400">
"三中全文发布提及“安全”的次数高达16次...说明了国家对安全的高度重视,信创有望迎来加速推进。" <span class="text-xs not-italic">- 新闻数据</span>
</blockquote>
<p class="mt-4 text-slate-300">超长期国债、科创债等资金的注入,是国家意志的财政化体现,确保了信创项目的执行力。地方调研反馈<strong class="text-cyan-300">“咬紧牙关也要投”</strong>,彰显了从中央到地方的决心。</p>
</div>
<div class="bento-item lg:bento-item-span-4 glass-card p-8 flex flex-col justify-center">
<h2 class="text-2xl font-bold fui-title mb-4 text-sky-400">市场热度与情绪</h2>
<p class="text-slate-300">市场普遍乐观,讨论焦点已从<strong class="text-purple-400">“信不信”</strong>(能否落地)全面转向<strong class="text-cyan-300">“谁受益”</strong>挖掘产业链机会。招投标提速、龙头业绩改善、相关ETF获资金净流入均是市场信心的体现。</p>
</div>
<div class="bento-item bento-item-span-12 glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-4 text-sky-400">预期差分析:宏大叙事与落地节奏的差距</h2>
<div class="grid md:grid-cols-2 gap-8">
<div>
<h3 class="font-semibold text-lg text-cyan-300">“硬件热”与“软件难”</h3>
<p class="text-slate-400 mt-2">市场对PC、服务器等硬件替换认知充分但可能低估了核心软件数据库、ERP、工业软件替代的周期和技术壁垒。新闻中对<strong class="text-purple-400">“达梦数据替代Oracle RAC难度极高”</strong>的描述,暗示了软件国产化是更漫长、更复杂的攻坚战。</p>
</div>
<div>
<h3 class="font-semibold text-lg text-cyan-300">“万亿市场”与“结构性机会”</h3>
<p class="text-slate-400 mt-2">路演描绘的<strong class="text-purple-400">1.56万亿</strong>市场空间并非均匀分布。行业信创规模虽是党政的3倍但金融核心系统国产化率仅<strong class="text-purple-400">15%-20%</strong>。短期订单和利润仍高度集中在党政及行业非核心领域,市场可能忽略了不同场景的替代难度差异。</p>
</div>
</div>
</div>
</section>
<!-- 市场结构与催化剂 -->
<section class="bento-grid">
<div class="bento-item lg:bento-item-span-4 glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-4 text-sky-400">市场结构</h2>
<div id="market-structure-chart" class="w-full h-64"></div>
<p class="text-center text-sm text-slate-400 mt-2">行业信创市场规模预计为党政信创的3倍是未来增长的主要驱动力。</p>
</div>
<div class="bento-item lg:bento-item-span-8 glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-4 text-sky-400">关键催化剂与未来发展路径</h2>
<div class="space-y-6">
<div>
<h3 class="font-semibold text-lg text-cyan-300">近期催化剂 (未来3-6个月)</h3>
<ul class="list-disc list-inside text-slate-300 space-y-1 mt-2">
<li><strong>财政资金集中落地:</strong> Q3发行的超长期国债转化为具体项目预算和招标。</li>
<li><strong>金融信创招投标高峰:</strong> Q3末券商核心系统替换进入招投标高峰期。</li>
<li><strong>财报验证:</strong> 龙头公司Q3、Q4财报持续验证行业景气度。</li>
<li><strong>产业整合事件:</strong> 类似“海光吸收合并曙光”的里程碑事件优化竞争格局。</li>
</ul>
</div>
<div>
<h3 class="font-semibold text-lg text-cyan-300">长期发展路径</h3>
<ol class="list-decimal list-inside text-slate-300 space-y-1 mt-2">
<li><strong class="text-purple-400">深化阶段 (2024-2025):</strong> 党政信创“做深做宽”行业信创完成外围系统替代硬件采购占比超70%。</li>
<li><strong class="text-purple-400">攻坚阶段 (2025-2027):</strong> 攻克关键行业核心业务系统,基础软件采购占比显著提升,价值链向软件转移。</li>
<li><strong class="text-purple-400">生态成熟与外溢阶段 (2027以后):</strong> 国产IT生态成熟向民用和商用市场渗透打开新天花板。</li>
</ol>
</div>
</div>
</div>
</section>
<!-- 产业链与风险分析 -->
<section id="industry-chain" class="bento-grid">
<div class="bento-item bento-item-span-12 glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-6 text-center text-sky-400">产业链图谱与核心玩家</h2>
<div class="grid md:grid-cols-3 gap-6 text-center">
<div class="space-y-4">
<h3 class="text-xl font-bold text-purple-400">上游: 基础硬件与软件</h3>
<div class="glass-card p-4 bg-opacity-80"><strong>芯片/元器件:</strong> 海光信息, 龙芯中科</div>
<div class="glass-card p-4 bg-opacity-80"><strong>基础软件:</strong> 中国软件(OS), 达梦数据(DB)</div>
</div>
<div class="space-y-4">
<h3 class="text-xl font-bold text-purple-400">中游: 整机、平台与安全</h3>
<div class="glass-card p-4 bg-opacity-80"><strong>服务器/PC整机:</strong> 中科曙光, 中国长城</div>
<div class="glass-card p-4 bg-opacity-80"><strong>网络安全:</strong> 启明星辰, 深信服</div>
</div>
<div class="space-y-4">
<h3 class="text-xl font-bold text-purple-400">下游: 应用软件与集成</h3>
<div class="glass-card p-4 bg-opacity-80"><strong>办公/行业软件:</strong> 金山办公, 用友网络</div>
<div class="glass-card p-4 bg-opacity-80"><strong>系统集成:</strong> 太极股份, 软通动力</div>
</div>
</div>
<div class="mt-8">
<h3 class="text-xl font-bold text-center text-sky-300 mb-4">四大生态体系</h3>
<div class="grid grid-cols-2 lg:grid-cols-4 gap-4 text-sm">
<div class="p-4 border border-slate-700 rounded-xl"><strong>华为系:</strong> 产业链最完整,生态整合能力最强,是最大“变量”。</div>
<div class="p-4 border border-slate-700 rounded-xl"><strong>中国电子(CEC)系:</strong> “飞腾+麒麟+达梦”经典组合,“国家队”全栈布局。</div>
<div class="p-4 border border-slate-700 rounded-xl"><strong>中科院系:</strong> “海光+曙光”为代表,受益“信创+AI算力”双轮驱动。</div>
<div class="p-4 border border-slate-700 rounded-xl"><strong>中国电科(CETC)系:</strong> 以太极股份为代表,系统集成和数据要素优势明显。</div>
</div>
</div>
</div>
<div class="bento-item bento-item-span-12 glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-4 text-sky-400">潜在风险与挑战</h2>
<div class="grid md:grid-cols-2 gap-x-8 gap-y-4">
<div class="flex items-start gap-3">
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-red-400 shrink-0" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z" /></svg>
<div><strong class="text-red-400">技术风险:</strong> 生态瓶颈是最大挑战,应用软件的迁移、适配和优化困难,影响“好用”体验。</div>
</div>
<div class="flex items-start gap-3">
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-red-400 shrink-0" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z" /></svg>
<div><strong class="text-red-400">商业化风险:</strong> 地方财政压力可能导致项目延期或缩减,国产产品价格偏高也制约商业化渗透。</div>
</div>
<div class="flex items-start gap-3">
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-red-400 shrink-0" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z" /></svg>
<div><strong class="text-red-400">政策与竞争风险:</strong> 高度依赖政策驱动,若未来政策转向或执行放缓将冲击行业。硬件领域同质化竞争激烈。</div>
</div>
<div class="flex items-start gap-3">
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-red-400 shrink-0" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z" /></svg>
<div><strong class="text-red-400">信息交叉验证风险:</strong> 乐观预期与技术现实存在矛盾,从“能用”到“好用”的跨越可能比市场预期的更长、更曲折。</div>
</div>
</div>
</div>
</section>
<!-- 原始数据摘要 -->
<section id="raw-data" class="space-y-4">
<div class="collapse collapse-plus glass-card">
<input type="radio" name="data-accordion" />
<div class="collapse-title text-xl font-medium fui-title text-sky-400">新闻数据摘要</div>
<div class="collapse-content">
<ul class="list-disc pl-5 space-y-2 text-slate-300">
<li><strong>宏观政策与资金支持:</strong> 三中全会提及“安全”16次创历史新高超长期国债和千亿科创债为信创提供资金活水网信办约谈海外芯片风险企业倒逼国产化。</li>
<li><strong>市场趋势与新周期:</strong> 信创行业回暖龙头业绩边际提速。新一轮推广周期2025-2027年范围更广党政信创下沉、行业信创加速。</li>
<li><strong>重点领域与空间:</strong> 党政信创向政务外网和区县下沉行业信创金融、能源成主要驱动力军队信创2025年要求全面替换整体市场预计有3倍以上替代空间。</li>
<li><strong>招投标提速:</strong> 24Q2以来千万级项目55个总额521亿元。中海油2.8万台PC、广西大数据局5.2亿采购等大单涌现。数据库项目数量及大单比例提升。</li>
<li><strong>细分赛道与产品:</strong> 达梦DMDSC是国内唯一可替代Oracle RAC的产品麒麟信安为信创OS弹性标的华为鲲鹏生态整合能力强。</li>
</ul>
</div>
</div>
<div class="collapse collapse-plus glass-card">
<input type="radio" name="data-accordion" />
<div class="collapse-title text-xl font-medium fui-title text-sky-400">路演数据摘要</div>
<div class="collapse-content">
<ul class="list-disc pl-5 space-y-2 text-slate-300">
<li><strong>核心驱动力:</strong> 顶层设计将“安全”置于国家战略高度。“十四五”冲刺期政策进入实际执行阶段。国采7号文落地2024年成党政采购“实操元年”。</li>
<li><strong>发展阶段与市场规模:</strong> 2024-2025年为核心品类加速落地和建设高峰期。2027年为目标节点党政+八大行业总市场规模达1.56万亿元2023-2027年建设需求超6000亿元。</li>
<li><strong>推进结构:</strong> 从党政深化转向行业信创主导路径为“硬件先行占比超70%软件接力”。重点行业包括金融券商核心系统替换Q3迎高峰、电信、能源等。</li>
<li><strong>产业链概览:</strong> 基础硬件海光、鲲鹏CPU确定性高基础软件麒麟OS、达梦DB格局清晰应用软件金山办公、华大九天EDA弹性大。</li>
</ul>
</div>
</div>
<div class="collapse collapse-plus glass-card">
<input type="radio" name="data-accordion" />
<div class="collapse-title text-xl font-medium fui-title text-sky-400">研报数据摘要</div>
<div class="collapse-content">
<ul class="list-disc pl-5 space-y-2 text-slate-300">
<li><strong>核心硬件(服务器CPU):</strong> 信创政策是核心驱动力“东数西算”提供落地场景。国产CPU技术路线多样X86授权、ARM自研、自研指令集海光X86和鲲鹏ARM性能领先但生态瓶颈是主要挑战。</li>
<li><strong>关键产业(机器人):</strong> 工业机器人自主品牌份额32%,核心行业国产化率低,替代空间巨大。减速器、伺服系统等关键零部件已实现国产化突破。</li>
<li><strong>关键产业(工业信息安全):</strong> 政策强制驱动电力、制造等关键基础设施进行安全防护,直接推动国产安全产品需求。</li>
<li><strong>资本市场(ETF):</strong> 人工智能、芯片、机器人等信创相关ETF持续获得资金净流入反映资本市场对新质生产力方向的高度认可。</li>
</ul>
</div>
</div>
</section>
<!-- 涨幅异动分析 -->
<section id="rise-analysis" class="glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-6 text-center text-sky-400">相关个股涨幅异动分析</h2>
<div class="overflow-x-auto">
<table class="table table-zebra w-full">
<thead>
<tr>
<th>公司名称</th>
<th>异动日期</th>
<th>涨幅</th>
<th>核心驱动逻辑摘要</th>
</tr>
</thead>
<tbody>
<tr>
<td>浪潮信息 (000977)</td>
<td>2025-08-20</td>
<td><span class="text-error font-bold">10.01%</span></td>
<td>被确认为寒武纪rack机柜供应商深度绑定国产算力供应链核心地位机构预测利润空间巨大。</td>
</tr>
<tr>
<td>淳中科技 (603516)</td>
<td>2025-08-01</td>
<td><span class="text-error font-bold">10.00%</span></td>
<td>军工指挥所国产化招标落地(点名国产芯片)+信创音视频替代政策催化。</td>
</tr>
<tr>
<td>浪潮软件 (600756)</td>
<td>2025-11-17</td>
<td><span class="text-error font-bold">10.00%</span></td>
<td>财政部将“云计算平台”首次纳入信创强制目录叠加山东58亿政务云信创订单。</td>
</tr>
<tr>
<td>同方股份 (600100)</td>
<td>2025-10-30</td>
<td><span class="text-error font-bold">9.95%</span></td>
<td>实控人拟变更为中国电子(CEC)并获超40亿增资承诺变身“信创国家队”。</td>
</tr>
</tbody>
</table>
</div>
</section>
<!-- 股票数据表格 -->
<section id="stock-data" class="glass-card p-8">
<h2 class="text-2xl font-bold fui-title mb-6 text-center text-sky-400">国产信创概念相关股票</h2>
<div class="overflow-x-auto">
<table class="table table-zebra w-full text-sm">
<thead>
<tr>
<th>产业链环节</th>
<th>细分赛道</th>
<th>公司名称</th>
<th>股票代码</th>
</tr>
</thead>
<tbody>
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<tr><td rowspan="11" class="font-bold align-top pt-4">基础硬件</td><td rowspan="5" class="align-top pt-4">芯片</td><td>海光信息</td><td><a href="https://valuefrontier.cn/company?scode=688041" target="_blank" class="text-sky-400 hover:underline">688041</a></td></tr>
<tr><td>龙芯中科</td><td><a href="https://valuefrontier.cn/company?scode=688047" target="_blank" class="text-sky-400 hover:underline">688047</a></td></tr>
<tr><td>中国长城</td><td><a href="https://valuefrontier.cn/company?scode=000066" target="_blank" class="text-sky-400 hover:underline">000066</a></td></tr>
<tr><td>寒武纪</td><td><a href="https://valuefrontier.cn/company?scode=688256" target="_blank" class="text-sky-400 hover:underline">688256</a></td></tr>
<tr><td>景嘉微</td><td><a href="https://valuefrontier.cn/company?scode=300474" target="_blank" class="text-sky-400 hover:underline">300474</a></td></tr>
<tr><td rowspan="5" class="align-top pt-4">服务器</td><td>中科曙光</td><td><a href="https://valuefrontier.cn/company?scode=603019" target="_blank" class="text-sky-400 hover:underline">603019</a></td></tr>
<tr><td>神州数码</td><td><a href="https://valuefrontier.cn/company?scode=000034" target="_blank" class="text-sky-400 hover:underline">000034</a></td></tr>
<tr><td>紫光股份</td><td><a href="https://valuefrontier.cn/company?scode=000938" target="_blank" class="text-sky-400 hover:underline">000938</a></td></tr>
<tr><td>软通动力</td><td><a href="https://valuefrontier.cn/company?scode=301236" target="_blank" class="text-sky-400 hover:underline">301236</a></td></tr>
<tr><td>中国长城</td><td><a href="https://valuefrontier.cn/company?scode=000066" target="_blank" class="text-sky-400 hover:underline">000066</a></td></tr>
<tr><td rowspan="1" class="align-top pt-4">打印机</td><td>纳思达</td><td><a href="https://valuefrontier.cn/company?scode=002180" target="_blank" class="text-sky-400 hover:underline">002180</a></td></tr>
<tr><td rowspan="14" class="font-bold align-top pt-4">基础软件</td><td rowspan="6" class="align-top pt-4">操作系统</td><td>中国软件</td><td><a href="https://valuefrontier.cn/company?scode=600536" target="_blank" class="text-sky-400 hover:underline">600536</a></td></tr>
<tr><td>诚迈科技</td><td><a href="https://valuefrontier.cn/company?scode=300598" target="_blank" class="text-sky-400 hover:underline">300598</a></td></tr>
<tr><td>麒麟信安</td><td><a href="https://valuefrontier.cn/company?scode=688152" target="_blank" class="text-sky-400 hover:underline">688152</a></td></tr>
<tr><td>软通动力</td><td><a href="https://valuefrontier.cn/company?scode=301236" target="_blank" class="text-sky-400 hover:underline">301236</a></td></tr>
<tr><td>润和软件</td><td><a href="https://valuefrontier.cn/company?scode=300339" target="_blank" class="text-sky-400 hover:underline">300339</a></td></tr>
<tr><td>中科创达</td><td><a href="https://valuefrontier.cn/company?scode=300496" target="_blank" class="text-sky-400 hover:underline">300496</a></td></tr>
<tr><td rowspan="4" class="align-top pt-4">数据库</td><td>达梦数据</td><td><a href="https://valuefrontier.cn/company?scode=688692" target="_blank" class="text-sky-400 hover:underline">688692</a></td></tr>
<tr><td>太极股份</td><td><a href="https://valuefrontier.cn/company?scode=002368" target="_blank" class="text-sky-400 hover:underline">002368</a></td></tr>
<tr><td>星环科技</td><td><a href="https://valuefrontier.cn/company?scode=688031" target="_blank" class="text-sky-400 hover:underline">688031</a></td></tr>
<tr><td>海量数据</td><td><a href="https://valuefrontier.cn/company?scode=603138" target="_blank" class="text-sky-400 hover:underline">603138</a></td></tr>
<tr><td rowspan="4" class="align-top pt-4">中间件</td><td>中创股份</td><td><a href="https://valuefrontier.cn/company?scode=688695" target="_blank" class="text-sky-400 hover:underline">688695</a></td></tr>
<tr><td>普元信息</td><td><a href="https://valuefrontier.cn/company?scode=688118" target="_blank" class="text-sky-400 hover:underline">688118</a></td></tr>
<tr><td>东方通</td><td>-</td></tr>
<tr><td>宝兰德</td><td><a href="https://valuefrontier.cn/company?scode=688058" target="_blank" class="text-sky-400 hover:underline">688058</a></td></tr>
<tr><td rowspan="10" class="font-bold align-top pt-4">网络安全</td><td rowspan="10" class="align-top pt-4">网络安全</td><td>启明星辰</td><td><a href="https://valuefrontier.cn/company?scode=002439" target="_blank" class="text-sky-400 hover:underline">002439</a></td></tr>
<tr><td>国投智能</td><td><a href="https://valuefrontier.cn/company?scode=300188" target="_blank" class="text-sky-400 hover:underline">300188</a></td></tr>
<tr><td>迪普科技</td><td><a href="https://valuefrontier.cn/company?scode=300768" target="_blank" class="text-sky-400 hover:underline">300768</a></td></tr>
<tr><td>安恒信息</td><td><a href="https://valuefrontier.cn/company?scode=688023" target="_blank" class="text-sky-400 hover:underline">688023</a></td></tr>
<tr><td>绿盟科技</td><td><a href="https://valuefrontier.cn/company?scode=300369" target="_blank" class="text-sky-400 hover:underline">300369</a></td></tr>
<tr><td>盛邦安全</td><td><a href="https://valuefrontier.cn/company?scode=688651" target="_blank" class="text-sky-400 hover:underline">688651</a></td></tr>
<tr><td>永信至诚</td><td><a href="https://valuefrontier.cn/company?scode=688244" target="_blank" class="text-sky-400 hover:underline">688244</a></td></tr>
<tr><td>深信服</td><td><a href="https://valuefrontier.cn/company?scode=300454" target="_blank" class="text-sky-400 hover:underline">300454</a></td></tr>
<tr><td>天融信</td><td><a href="https://valuefrontier.cn/company?scode=002212" target="_blank" class="text-sky-400 hover:underline">002212</a></td></tr>
<tr><td>安博通</td><td><a href="https://valuefrontier.cn/company?scode=688168" target="_blank" class="text-sky-400 hover:underline">688168</a></td></tr>
<tr><td rowspan="45" class="font-bold align-top pt-4">应用行业</td><td rowspan="2" class="align-top pt-4">党建</td><td>南天信息</td><td><a href="https://valuefrontier.cn/company?scode=000948" target="_blank" class="text-sky-400 hover:underline">000948</a></td></tr>
<tr><td>品高股份</td><td><a href="https://valuefrontier.cn/company?scode=688227" target="_blank" class="text-sky-400 hover:underline">688227</a></td></tr>
<tr><td rowspan="5" class="align-top pt-4">司法</td><td>华宇软件</td><td><a href="https://valuefrontier.cn/company?scode=300271" target="_blank" class="text-sky-400 hover:underline">300271</a></td></tr>
<tr><td>国投智能</td><td><a href="https://valuefrontier.cn/company?scode=300188" target="_blank" class="text-sky-400 hover:underline">300188</a></td></tr>
<tr><td>金桥信息</td><td><a href="https://valuefrontier.cn/company?scode=603918" target="_blank" class="text-sky-400 hover:underline">603918</a></td></tr>
<tr><td>华是科技</td><td><a href="https://valuefrontier.cn/company?scode=301218" target="_blank" class="text-sky-400 hover:underline">301218</a></td></tr>
<tr><td>通达海</td><td><a href="https://valuefrontier.cn/company?scode=301378" target="_blank" class="text-sky-400 hover:underline">301378</a></td></tr>
<tr><td rowspan="4" class="align-top pt-4">公安</td><td>南威软件</td><td><a href="https://valuefrontier.cn/company?scode=603636" target="_blank" class="text-sky-400 hover:underline">603636</a></td></tr>
<tr><td>恒锋信息</td><td><a href="https://valuefrontier.cn/company?scode=300605" target="_blank" class="text-sky-400 hover:underline">300605</a></td></tr>
<tr><td>中科通达</td><td><a href="https://valuefrontier.cn/company?scode=688038" target="_blank" class="text-sky-400 hover:underline">688038</a></td></tr>
<tr><td>高新兴</td><td><a href="https://valuefrontier.cn/company?scode=300098" target="_blank" class="text-sky-400 hover:underline">300098</a></td></tr>
<tr><td rowspan="7" class="align-top pt-4">政务</td><td>久其软件</td><td><a href="https://valuefrontier.cn/company?scode=002279" target="_blank" class="text-sky-400 hover:underline">002279</a></td></tr>
<tr><td>新点软件</td><td><a href="https://valuefrontier.cn/company?scode=688232" target="_blank" class="text-sky-400 hover:underline">688232</a></td></tr>
<tr><td>信息发展</td><td><a href="https://valuefrontier.cn/company?scode=300469" target="_blank" class="text-sky-400 hover:underline">300469</a></td></tr>
<tr><td>榕基软件</td><td><a href="https://valuefrontier.cn/company?scode=002474" target="_blank" class="text-sky-400 hover:underline">002474</a></td></tr>
<tr><td>宏景科技</td><td><a href="https://valuefrontier.cn/company?scode=301396" target="_blank" class="text-sky-400 hover:underline">301396</a></td></tr>
<tr><td>东方通信</td><td><a href="https://valuefrontier.cn/company?scode=600776" target="_blank" class="text-sky-400 hover:underline">600776</a></td></tr>
<tr><td>盛视科技</td><td><a href="https://valuefrontier.cn/company?scode=002990" target="_blank" class="text-sky-400 hover:underline">002990</a></td></tr>
<tr><td rowspan="7" class="align-top pt-4">财税</td><td>税友股份</td><td><a href="https://valuefrontier.cn/company?scode=603171" target="_blank" class="text-sky-400 hover:underline">603171</a></td></tr>
<tr><td>中科江南</td><td><a href="https://valuefrontier.cn/company?scode=301153" target="_blank" class="text-sky-400 hover:underline">301153</a></td></tr>
<tr><td>航天信息</td><td><a href="https://valuefrontier.cn/company?scode=600271" target="_blank" class="text-sky-400 hover:underline">600271</a></td></tr>
<tr><td>金财互联</td><td><a href="https://valuefrontier.cn/company?scode=002530" target="_blank" class="text-sky-400 hover:underline">002530</a></td></tr>
<tr><td>飞天诚信</td><td><a href="https://valuefrontier.cn/company?scode=300386" target="_blank" class="text-sky-400 hover:underline">300386</a></td></tr>
<tr><td>博思软件</td><td><a href="https://valuefrontier.cn/company?scode=300525" target="_blank" class="text-sky-400 hover:underline">300525</a></td></tr>
<tr><td>旋极信息</td><td><a href="https://valuefrontier.cn/company?scode=300324" target="_blank" class="text-sky-400 hover:underline">300324</a></td></tr>
<tr><td rowspan="5" class="align-top pt-4">办公</td><td>金山办公</td><td><a href="https://valuefrontier.cn/company?scode=688111" target="_blank" class="text-sky-400 hover:underline">688111</a></td></tr>
<tr><td>福昕软件</td><td><a href="https://valuefrontier.cn/company?scode=688095" target="_blank" class="text-sky-400 hover:underline">688095</a></td></tr>
<tr><td>致远互联</td><td><a href="https://valuefrontier.cn/company?scode=688369" target="_blank" class="text-sky-400 hover:underline">688369</a></td></tr>
<tr><td>万兴科技</td><td><a href="https://valuefrontier.cn/company?scode=300624" target="_blank" class="text-sky-400 hover:underline">300624</a></td></tr>
<tr><td>飞利信</td><td><a href="https://valuefrontier.cn/company?scode=300287" target="_blank" class="text-sky-400 hover:underline">300287</a></td></tr>
<tr><td rowspan="6" class="align-top pt-4">企业资源规划ERP</td><td>赛意信息</td><td><a href="https://valuefrontier.cn/company?scode=300687" target="_blank" class="text-sky-400 hover:underline">300687</a></td></tr>
<tr><td>汉得信息</td><td><a href="https://valuefrontier.cn/company?scode=300170" target="_blank" class="text-sky-400 hover:underline">300170</a></td></tr>
<tr><td>金蝶国际</td><td>-</td></tr>
<tr><td>用友网络</td><td><a href="https://valuefrontier.cn/company?scode=600588" target="_blank" class="text-sky-400 hover:underline">600588</a></td></tr>
<tr><td>中软国际</td><td>-</td></tr>
<tr><td>软通动力</td><td><a href="https://valuefrontier.cn/company?scode=301236" target="_blank" class="text-sky-400 hover:underline">301236</a></td></tr>
<tr><td rowspan="22" class="font-bold align-top pt-4">应用行业-金融</td><td rowspan="7" class="align-top pt-4">证券IT</td><td>金证股份</td><td><a href="https://valuefrontier.cn/company?scode=600446" target="_blank" class="text-sky-400 hover:underline">600446</a></td></tr>
<tr><td>顶点软件</td><td><a href="https://valuefrontier.cn/company?scode=603383" target="_blank" class="text-sky-400 hover:underline">603383</a></td></tr>
<tr><td>恒生电子</td><td><a href="https://valuefrontier.cn/company?scode=600570" target="_blank" class="text-sky-400 hover:underline">600570</a></td></tr>
<tr><td>财富趋势</td><td><a href="https://valuefrontier.cn/company?scode=688318" target="_blank" class="text-sky-400 hover:underline">688318</a></td></tr>
<tr><td>东方财富</td><td><a href="https://valuefrontier.cn/company?scode=300059" target="_blank" class="text-sky-400 hover:underline">300059</a></td></tr>
<tr><td>指南针</td><td><a href="https://valuefrontier.cn/company?scode=300803" target="_blank" class="text-sky-400 hover:underline">300803</a></td></tr>
<tr><td>同花顺</td><td><a href="https://valuefrontier.cn/company?scode=300033" target="_blank" class="text-sky-400 hover:underline">300033</a></td></tr>
<tr><td rowspan="9" class="align-top pt-4">银行IT</td><td>神州信息</td><td><a href="https://valuefrontier.cn/company?scode=000555" target="_blank" class="text-sky-400 hover:underline">000555</a></td></tr>
<tr><td>宇信科技</td><td><a href="https://valuefrontier.cn/company?scode=300674" target="_blank" class="text-sky-400 hover:underline">300674</a></td></tr>
<tr><td>汇金科技</td><td>-</td></tr>
<tr><td>长亮科技</td><td><a href="https://valuefrontier.cn/company?scode=300348" target="_blank" class="text-sky-400 hover:underline">300348</a></td></tr>
<tr><td>南天信息</td><td><a href="https://valuefrontier.cn/company?scode=000948" target="_blank" class="text-sky-400 hover:underline">000948</a></td></tr>
<tr><td>中科金财</td><td><a href="https://valuefrontier.cn/company?scode=002657" target="_blank" class="text-sky-400 hover:underline">002657</a></td></tr>
<tr><td>新晨科技</td><td><a href="https://valuefrontier.cn/company?scode=300542" target="_blank" class="text-sky-400 hover:underline">300542</a></td></tr>
<tr><td>银之杰</td><td><a href="https://valuefrontier.cn/company?scode=300085" target="_blank" class="text-sky-400 hover:underline">300085</a></td></tr>
<tr><td>京北方</td><td><a href="https://valuefrontier.cn/company?scode=002987" target="_blank" class="text-sky-400 hover:underline">002987</a></td></tr>
<tr><td rowspan="2" class="align-top pt-4">保险IT</td><td>软通动力</td><td><a href="https://valuefrontier.cn/company?scode=301236" target="_blank" class="text-sky-400 hover:underline">301236</a></td></tr>
<tr><td>中科软</td><td><a href="https://valuefrontier.cn/company?scode=603927" target="_blank" class="text-sky-400 hover:underline">603927</a></td></tr>
<tr><td rowspan="19" class="font-bold align-top pt-4">工业软件</td><td rowspan="5" class="align-top pt-4">辅助设计CAD</td><td>中望软件</td><td><a href="https://valuefrontier.cn/company?scode=688083" target="_blank" class="text-sky-400 hover:underline">688083</a></td></tr>
<tr><td>柏楚电子</td><td><a href="https://valuefrontier.cn/company?scode=688188" target="_blank" class="text-sky-400 hover:underline">688188</a></td></tr>
<tr><td>浩辰软件</td><td><a href="https://valuefrontier.cn/company?scode=688657" target="_blank" class="text-sky-400 hover:underline">688657</a></td></tr>
<tr><td>恒华科技</td><td><a href="https://valuefrontier.cn/company?scode=300365" target="_blank" class="text-sky-400 hover:underline">300365</a></td></tr>
<tr><td>华阳国际</td><td><a href="https://valuefrontier.cn/company?scode=002949" target="_blank" class="text-sky-400 hover:underline">002949</a></td></tr>
<tr><td rowspan="3" class="align-top pt-4">辅助工程CAE</td><td>索辰科技</td><td><a href="https://valuefrontier.cn/company?scode=688507" target="_blank" class="text-sky-400 hover:underline">688507</a></td></tr>
<tr><td>龙软科技</td><td><a href="https://valuefrontier.cn/company?scode=688078" target="_blank" class="text-sky-400 hover:underline">688078</a></td></tr>
<tr><td>霍莱沃</td><td><a href="https://valuefrontier.cn/company?scode=688682" target="_blank" class="text-sky-400 hover:underline">688682</a></td></tr>
<tr><td rowspan="4" class="align-top pt-4">制造执行MES</td><td>宝信软件</td><td><a href="https://valuefrontier.cn/company?scode=600845" target="_blank" class="text-sky-400 hover:underline">600845</a></td></tr>
<tr><td>鼎捷数智</td><td><a href="https://valuefrontier.cn/company?scode=300378" target="_blank" class="text-sky-400 hover:underline">300378</a></td></tr>
<tr><td>中控技术</td><td><a href="https://valuefrontier.cn/company?scode=688777" target="_blank" class="text-sky-400 hover:underline">688777</a></td></tr>
<tr><td>瑞晟智能</td><td><a href="https://valuefrontier.cn/company?scode=688215" target="_blank" class="text-sky-400 hover:underline">688215</a></td></tr>
<tr><td rowspan="3" class="align-top pt-4">逻辑控制器PLC</td><td>汇川技术</td><td><a href="https://valuefrontier.cn/company?scode=300124" target="_blank" class="text-sky-400 hover:underline">300124</a></td></tr>
<tr><td>信捷电气</td><td><a href="https://valuefrontier.cn/company?scode=603416" target="_blank" class="text-sky-400 hover:underline">603416</a></td></tr>
<tr><td>禾川科技</td><td><a href="https://valuefrontier.cn/company?scode=688320" target="_blank" class="text-sky-400 hover:underline">688320</a></td></tr>
<tr><td rowspan="1" class="align-top pt-4">集散控制DCS</td><td>中控技术</td><td><a href="https://valuefrontier.cn/company?scode=688777" target="_blank" class="text-sky-400 hover:underline">688777</a></td></tr>
<tr><td rowspan="3" class="align-top pt-4">电子设计自动化EDA</td><td>华大九天</td><td><a href="https://valuefrontier.cn/company?scode=301269" target="_blank" class="text-sky-400 hover:underline">301269</a></td></tr>
<tr><td>概伦电子</td><td><a href="https://valuefrontier.cn/company?scode=688206" target="_blank" class="text-sky-400 hover:underline">688206</a></td></tr>
<tr><td>广立微</td><td><a href="https://valuefrontier.cn/company?scode=301095" target="_blank" class="text-sky-400 hover:underline">301095</a></td></tr>
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