Northeast Securities pointed out，Investment in infrastructure is expected to remain high.。China's Broad Infrastructure Investment in 2022 Increased by 11% over the Same Period Last Year.5%，Narrow infrastructure increased by 9% year-on-year.4%；2023 1~Broad infrastructure construction in April increased by 9% year-on-year.8%，Narrow infrastructure increased by 8% year-on-year.5%。

It is expected to be 2023，Steady growth policy will continue，Especially at the exit、Consumption、Limited contribution in real estate investment and other fields，Infrastructure investment, as an important starting point, is expected to maintain a high prosperity.，The corporate governance and operating efficiency of infrastructure central enterprises are expected to continue to optimize.，With the continuous advancement of Zhongte Appraisal System Engineering，Enterprise value creation activities and market aesthetics are expected to gradually converge.，Promote the repair of valuation to a reasonable level。