The use of digital RMB has been extended from daily consumption to various scenarios such as transportation, green and low-carbon.
digital RMB plays more tricks
On the stage of the 2022 Spring Festival Gala, the hot words of 2021 were moved into the program one after another, digital RMB also appeared in a sketch of the Beijing Spring Festival Gala. This Spring Festival, digital RMB plays more tricks.
On the eve of the Spring Festival, many pilot areas distributed digital RMB red envelopes to help residents consume . For example, Shenzhen organized the six major state-owned commercial banks of China, agriculture, industry, construction, transportation and postal savings to issue a total of 25 million yuan of digital RMB red envelopes, covering clothing, food, housing and transportation. Specific activities include one penny by bus and subway, 100 yuan minus 50 yuan in Yitian Holiday Plaza, etc.
Beijing has issued 50000 digital RMB red envelopes with an amount of 200 yuan to citizens through appointment, registration and lottery, which are used for consumption at designated merchants on Wangfujing Group Co.Ltd(600859) street or JD app activity area during the Spring Festival.
Xinjin District of Chengdu issued 26900 digital RMB consumption red envelopes, which can be consumed at designated merchants in Xinjin during the activity period.
Suzhou launched the full reduction activity of paying movie tickets in digital RMB. During the Spring Festival, Suzhou audiences can use ICBC digital RMB for consumption in 10 cooperative cinemas in the city, and enjoy the discount of 20 yuan less than 50 yuan for a single payment.
the application scenario of digital RMB continues to expand
The use of digital RMB has been extended from daily consumption to various scenarios such as transportation, green and low-carbon. Recently, meituan announced that it will open a digital RMB payment channel for the whole scene of offline consumption of the platform. Users can pay in digital RMB in scenes such as ordering takeout, taking a taxi or watching movies. Tencent, jd.com and other Internet companies with 100 million users and high-frequency C-end use scenarios also announced new applications of digital RMB this year, such as jd.com’s third-party merchants accessing the digital RMB system and wechat supporting digital RMB payment.
As of February 4, Huawei’s application market showed that digital RMB (pilot version) had been installed more than 13 million times; Xiaomi app store has downloaded more than 6 million times. On January 18, the State Information Office disclosed at the press conference of financial statistics in 2021 that by the end of 2021, digital RMB pilot scenarios had exceeded 8.0851 million, 261 million personal wallets had been opened, and the transaction amount was 87.565 billion yuan.
In the view of the industry, the transaction volume of 87.565 billion yuan is equivalent to 0.02% of China’s mobile payment amount of 432 trillion yuan in 2020. There is still much room for the long-term development of digital RMB. From the perspective of industry, the Research Report of Anxin Securities pointed out that only from the calculation of commercial bank infrastructure and system transformation, the whole digital RMB transformation is expected to drive a total investment scale of 116.5 billion yuan.
several companies disclosed the progress of digital RMB
Recently, investors have asked listed companies about the progress of digital RMB. Yunnan Nantian Electronics Information Co.Ltd(000948) said on the interactive platform on January 29 that the company participated in the research and development of digital currency applications in some large state-owned banks and generated a small amount of business income. Hengbao Co.Ltd(002104) said on January 28 that the company actively participated in the construction of digital RMB ecology.
Chutian Dragon Co.Ltd(003040) responded on January 28 that the company participated in the pilot of digital RMB related products and technical services in many banks and pilot cities. Grg Banking Equipment Co.Ltd(002152) mentioned on the interactive platform that the company has the ability of multi brand and high-quality financial self-service equipment, and can take over the cross brand AFC digital RMB upgrading business. Global Infotech Co.Ltd(300465) responded that the company had relevant technical reserves and participated in the customer’s digital RMB related business.
According to the statistics of securities times · databao, on the last trading day before the Spring Festival, the trend of A-share market was depressed, but the theme of digital currency was stronger against the market. On that day, more than 80% of concept stocks were popular, Shenzhen Ysstech Info-Tech Co.Ltd(300377) , Guangdong Tecsun Science & Technology Co.Ltd(002908) , Beijing Cuiwei Tower Co.Ltd(603123) , Hengbao Co.Ltd(002104) , Feitian Technologies Co.Ltd(300386) rose by more than 8%.
According to the rough calculation of the average transaction price in the range, since the new year’s day, the total amount of increased holdings of digital currency concept shares by northbound capital has reached 1.15 billion yuan, Unigroup Guoxin Microelectronics Co.Ltd(002049) , Westone Information Industry Inc(002268) , Yusys Technologies Co.Ltd(300674) and other three shares have exceeded 100 million yuan. During this period, there were three shares with the amount of financing customer positions exceeding 100 million yuan, namely Shenzhen Ysstech Info-Tech Co.Ltd(300377) , Business-Intelligence Of Oriental Nations Corporation Ltd(300166) , Grg Banking Equipment Co.Ltd(002152) .
all concept shares with disclosed performance are increased in advance
According to the data of the published performance forecast, all digital currency concept stocks are expected to increase in advance according to the lower limit of net profit, of which more than half of the net profit is expected to double. Hengbao Co.Ltd(002104) it is estimated that the net profit in 2021 will be 45 million yuan to 68 million yuan, with a year-on-year increase of 25 to 38 times.
Among many digital currency concept stocks, which one is most favored by institutions? According to the statistics of data treasure, Unigroup Guoxin Microelectronics Co.Ltd(002049) , Yusys Technologies Co.Ltd(300674) , Fujian Star-Net Communication Co.Ltd(002396) and other three shares have been paid attention to by securities companies for more than 10 times. Unigroup Guoxin Microelectronics Co.Ltd(002049) institutions pay the highest attention, and a total of 26 research reports pay attention to the stock. The company’s chip products can be used in digital currency wallets. At present, a digital RMB payment scenario has been set up, and pilot projects have been carried out with the operation institutions.
