The Zhitong Finance App learned that Dongguan Securities released a research report saying that along with the continuous iterative optimization of the Hongmeng system in recent years, more and more smartphones and ecological devices have begun to be equipped with the Hongmeng operating system. Currently, the number of Hongmeng ecological devices exceeds 800 million. With the huge device base of the Huawei ecosystem, continuous optimization of system performance, and application ecosystem partners actively embracing Hongmeng's native ecosystem, the domestic market share of the Hongmeng system is expected to increase further in the future. It is recommended to focus on Harmony and OpenHarmony ecosystem partners, such as vendors that provide software development, application migration/adaptation, and hardware and software solutions, such as Softcom Power (301236.SZ), Jiulian Technology (688609.SH), and Runhe Software (300339.SZ).

Incidents:

On January 18, Huawei announced that the HarmonyOS NEXT Hongmeng Galaxy Edition system developer preview application is open.

▍ The main views of Dongguan Securities are as follows:

HarmonyOS NEXT is open for the developer preview version of the HarmonyOS NEXT system.

Following the official announcement of HarmonyOS NEXT at the full-scene product launch conference in September last year, Huawei officially announced the opening application for the HarmonyOS NEXT system developer preview version on January 18, and Q2 launched developer beta and Q4 for commercial use.

According to reports, HarmonyOS NEXT has achieved full-stack self-research from core bases such as large models, AI frameworks, design systems, programming frameworks, programming languages, and compilers, eliminating traditional AOSP code and reducing redundant code by 40%. HarmonyOS NEXT has 6 major native experiences, including native refinement, native application, native fluency, native security, native intelligence, and native connectivity.

In terms of application adaptation, several app giants have recently intensively announced the launch of Hongmeng's native application development, covering 18 fields such as gaming, social networking, travel navigation, business office, travel and lodging. Up to now, the number of ecological partners has exceeded 200, and it is expected that 5,000 apps will complete native Hongmeng development by the end of the year.

The share is expected to continue to increase, and focus on relevant ecological partners.

When the Hongmeng system was first launched, it was mainly suitable for smart screens, IoT and other devices, and then gradually expanded into fields such as smartphones and smart cockpits. Along with the continuous iterative optimization of the Hongmeng system in recent years, more and more smartphones and ecological devices have begun to be equipped with the Hongmeng operating system. Currently, the number of Hongmeng ecological devices exceeds 800 million.

With the huge device base of the Huawei ecosystem, continuously optimized system performance, and application ecosystem partners actively embracing Hongmeng's native ecosystem, the domestic market share of the Hongmeng system is expected to increase further in the future.

Risk warning:

Technology advancement falls short of expectations; marketing falls short of expectations; industry competition intensifies, etc.