根据CNNIC数据，截至2021年12月底，我国手机网民数量达10.3亿，根据极光大数 据，22Q1中国移动网民人均APP每日使用时长稳定于5.4小时。我们认为，移动互联 网已经进入存量竞争时代，精品内容和精细化运营成为各平台吸引和留存用户的关 键。

复盘通信行业2022上半年表现：产业链从下到上景气度持续向好，估值与基本面仍有背离。2021年通信（申万）成分股收入同比增速13.8%，为近三年来 最好，行业增长主要由运营商和主设备商优秀表现拉动，物联网、智能控制器、网通设备板块表现亮眼。2022一季报，多数行业环比表现符合预期，基 站设备、交换机产量增速环比持续提升。通信行业指数上半年行情表现受到宏观外围因素影响更大，随着4月底上海疫情拐点表现持续反弹，目前行业估 值与业绩成长不匹配，我们认为通信在成长板块具有较好相对配置价值。

回应了市场对东方甄选发展的六个核心问题。总体而言，我们认为东方 甄选的模式在MCN 中有非常强的独特性：更高的持续力、受众和品类 的广阔空间、坚实的供给侧壁垒、更高的净利润率。

618 前夕，宏观经济受疫情频发冲击明显，二季度疫情局部爆发与区域封禁令经济承压，中央密集出台多项政策提振消费并助力企业纾困；5 月实物商品网上零售额同比+14.27%，电商展现强韧性，物流复苏为大促开启打好基础。

Establishments described in this report are primarily participating in the unified monitoring market. Unified Monitoring is an integrated platform that monitors your entire IT infrastructure, including physical, virtual, and cloud. It's a proven strategy for reducing service outages, increasing end user and IT productivity, optimizing capital investment, and maintaining industry compliance.

Establishments described in this report are primarily participating in the tv analytics market. Television (TV) analytics is basically used to analyze channels, network, consumer patterns, ads and campaigns so as to increase the return of investments and increase consumer base. There are mainly three types of TV analytics that can be performed.

Establishments described in this report are primarily participating in the sonar system market. A system using transmitted and reflected underwater sound waves to detect and locate submerged objects or measure the distance to the floor of a body of water.

Establishments described in this report are primarily participating in the smart coatings market. Smart coatings are special films with predefined properties that make them sense and respond to environmental and other external stimuli. The coatings' self-healing and self-repair properties make them suitable for corrosion protection, material protection and other surface improvement applications.