Xinhua News Agency, May 9, Guotai Junan Research Daily said that since the beginning of 2023, the overall valuation level of the communications industry has returned to the average level since 2016. Communication has always been at the forefront of ICT technological innovation, and we believe that the next communications sector has room for performance revision and valuation to further rise. Standing at the current time, we suggest that investors continue to grasp the potential to exceed expectations, high prosperity, operators and other three main lines. Potential exceeding expectations: sectors directly related to AI computing infrastructure and data center construction, including optical modules and devices, ICT equipment (switches) and other racetracks; high prosperity mainlines: power informatization, fiber optic cables / offshore wind power, intelligent controllers; and operator mainlines.