On the afternoon of May 22, it was jointly organized by the Shanghai Securities News, the Investor Service Department of the Shanghai Stock Exchange and Boshi Fund.NftgameswemixAt the launching ceremony of the second phase of the "Science and Technology 100" high-quality development research bank, Zeng Peng, chief investment officer of Boshi Fund, delivered a wonderful keynote speech on "Investment main Line under the guidance of New quality Productivity in 2024". Bring investment methodology and insights into the main line of investment for new quality productivity.

The new quality productivity covers eight strategic emerging industries and nine future industries.

Zeng Peng said: the new quality productivity is a new type of productivity that represents new technology, creates new value, adapts to new industries, and reshapes new kinetic energy. this is the main line of 2024 investment. We are optimistic about the subdivision direction of artificial intelligence computing, new energy vehicles, civil aviation, synthetic biology, quantum computing and so on.

"New quality productivity includes strategic emerging industries and future industries. Strategic emerging industry refers to the industry with intensive knowledge and technology, low consumption of material resources, great growth potential and good comprehensive benefit.NftgameswemixThe future industry represents the new direction of future science and technology and industrial development, is the key to winning the first opportunity in the new round of scientific and technological revolution and industrial change, and is the most active force in the changes of the global innovation map and economic pattern. It is an important starting point for realizing innovation and leading development. "

Specifically, the new quality productivity includes eight strategic emerging industries and nine future industries. Eight strategic emerging industries include new generation information technology, new energy, new materials, high-end equipment, new energy vehicles, green environmental protection, civil aviation, shipping and marine engineering equipment, etc.; nine future industries include metamosmos, brain-computer interfaces, quantum information, humanoid robots, generative artificial intelligence, biological manufacturing, future display, future networks, and new energy storage.

It is necessary to grasp the investment cycle and industrial cycle to invest in emerging science and technology industries.

Zeng Peng said: when investing in emerging science and technology industries, we must grasp the investment cycle and the industrial cycle. Companies at different stages have different valuation systems.

For enterprises, there are growth, maturity, recession and other stages of development, the valuation of each stage is different. Zeng Peng said: it is necessary to grasp the valuation of different companies, grasp the law behind the investment, and carry out valuation according to the stage of industrial development of the enterprise. For example, in the stage of industrial introduction, we mainly pay attention to the industrial space; in the stage of enterprise growth, it depends on the matching speed of income, profit and growth.

As for the next main line of investment this year, Zeng Peng believes that the strategic emerging industries focus on the following aspects: first, artificial intelligence computing power, the main logic is the continuous breakthrough of overseas advanced technology, and the urgent need for localization, including domestic AI chips, PCB, optical modules and servers. The second is new energy vehicles, China's new energy vehicles gradually have global technology and cost competitiveness, domestic electric vehicles begin to move towards overseas markets; third, civil aviation, as C919 domestic large aircraft has entered a rapid upgrading cycle of signing and delivery, the matching domestic aero-engines are becoming mature.

For the future industry, Zeng Peng said that he will mainly focus on the following aspects-- first, the low-altitude economy. The policy dividend period began in 2024, and local governments issued low-level economic industrial plans. according to the data of Sadie consultant of the Ministry of Industry and Information Technology, it is predicted that the market space of the whole industry chain will exceed 2% in 2030.Nftgameswemix5 trillion yuan, the current market value ratio of the industry is more than 10 times; second, synthetic biology, industrial policies of countries around the world lead the development of the industry, and the cost advantage is prominent. According to the data of overseas consulting firm Research and Markets, the market space is expected to be close to 400 billion in 2030, and the current market value ratio of the industry is more than 7 times. Third, quantum computing, an important competitive place for global science and technology forward-looking strategic deployment, the emergence of quantum hegemony marks a major turning point in the field of quantum computing. According to the forecast data of consulting firm BCG, the market space of quantum computing will exceed 300 billion in 2030, and the current market capitalization ratio of the industry is more than 5 times.