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industrial machine concept broke out Weihai Huadong Automation Co.Ltd(002248) limit Hiecise Precision Equipment Co.Ltd(300809) , Hengda New Materials (Fujian) Co.Ltd(300946) and so on
The industrial machine concept had a strong intraday trend on the 16th, Hiecise Precision Equipment Co.Ltd(300809) once rose by the limit; Qinghai Huading Industrial Co.Ltd(600243) , Weihai Huadong Automation Co.Ltd(002248) limit, Hengda New Materials (Fujian) Co.Ltd(300946) , Est Tools Co.Ltd(300488) , Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) , Qinchuan Machine Tool & Tool Group Share Co.Ltd(000837) , Huaming Power Equipment Co.Ltd(002270) , Xiangyang Boya Precision Industrial Equipments Co.Ltd(300971) and other increases were higher.
In terms of news, the executive meeting of the State Council held on February 14 pointed out that industry and service industry play a backbone supporting role in economic development and stable employment. At present, the stable recovery trend of industrial economy is still not firm, and there are some special difficult industries in the service industry due to the impact of the epidemic. In the near future, we should speed up the introduction of measures and increase assistance. Among them, we will increase the reduction and exemption of income tax in industry and service industry. This year, small, medium-sized and micro enterprises will purchase equipment and appliances with a value of more than 5 million yuan. If the depreciation is 3 years, it can be deducted before tax at one time, and if the depreciation is 4, 5 and 10 years, it can be deducted by half. We will extend the tax relief policy for small, medium-sized and micro enterprises in the manufacturing industry. Expand the scope of application of the local “six taxes and two fees” reduction and exemption policy to all small low profit enterprises and individual industrial and commercial households.
According to the 14th five year plan, China will further promote the optimization and upgrading of the manufacturing industry, cultivate advanced manufacturing clusters, and promote the innovative development of high-end CNC machine tools and other industries. The draft of the “14th five year plan” for Intelligent Manufacturing Development released in April 2021 also supports the development of industrial machines.
With the accelerated transformation of China’s manufacturing industry and the rapid rise of emerging industries such as precision molds, aerospace, rail transit and biomedicine, because its production and manufacturing process is highly dependent on intelligent manufacturing equipment such as CNC machine tools, it will become a new growth point of CNC machine tool industry. The agency predicts that the market scale of China’s CNC machine tools will exceed 500 billion yuan by 2026.
Investment in infrastructure sector is expected to rise again {123761}
The construction sector strengthened again on the 16th. As of press time, Hangzhou Landscape Architecture Design Institute Co.Ltd(300649) , Palm Eco-Town Development Co.Ltd(002431) , Chengbang Eco-Environment Co.Ltd(603316) , Shenzhen Qixin Group Co.Ltd(002781) , Zhengping Road & Bridge Construction Co.Ltd(603843) , Ningbo Construction Co.Ltd(601789) , Zhejiang Southeast Space Frame Co.Ltd(002135) , huigreen ecology, Guangdong No.2 Hydropower Engineering Company Ltd(002060) , Shanghai Trendzone Holdings Group Co.Ltd(603030) , Zhejiang Construction Investment Group Co.Ltd(002761) and other trading limits. It is worth noting that the “demon stock” Zhejiang Construction Investment Group Co.Ltd(002761) has reaped the daily limit again, Chengbang Eco-Environment Co.Ltd(603316) has been trading for three consecutive trading days and Hangzhou Landscape Architecture Design Institute Co.Ltd(300649) has been trading for two consecutive days.
In terms of news, the executive meeting of the State Council held on February 14 pointed out that industry and service industry play a backbone supporting role in economic development and stable employment. At present, the stable recovery trend of industrial economy is still not firm, and there are some special difficult industries in the service industry due to the impact of the epidemic. In the near future, we should speed up the introduction of measures and increase assistance. Among them, we will strengthen the manufacturing chain, supplement the chain and rebuild the industrial infrastructure, accelerate the construction of new infrastructure and the transformation of energy-saving and carbon reduction technologies in key areas, and expand effective investment.
Citic Securities Company Limited(600030) pointed out that under the tone of stable growth, infrastructure investment is expected to underpin the economy. Taking into account the capital factors such as special debt and implicit debt supervision of local governments, it is expected to achieve a growth rate of 6.5% throughout the year, and infrastructure REITs is expected to become a potential source of incremental infrastructure funds. The infrastructure industry chain may usher in extreme changes in the basic area. At present, the overall sector is undervalued and low allocation. It is suggested to select the infrastructure industry chain companies that benefit from the expected rise of infrastructure development, such as cement, construction, new power system, digital infrastructure, power station operation and so on.
In terms of investment opportunities, the agency suggests that the infrastructure industry chain companies that benefit from the expected warming of infrastructure development should be preferred. 1) Cement industry: infrastructure construction makes great efforts to resist the decline of industry demand. The good pattern makes the industry’s profit stability high. High price and low operation rate may become the new normal of the cement industry. China’s building materials, Anhui Conch Cement Company Limited(600585) , Huaxin Cement Co.Ltd(600801) are recommended.
2) construction industry: the construction infrastructure should be developed in multiple directions. Central enterprises and state-owned enterprises play the main role. It is recommended to pay attention to China State Construction Engineering Corporation Limited(601668) , China Railway Group Limited(601390) , and China National Chemical Engineering Co.Ltd(601117) .
3) new power system industry: new power system boosts new infrastructure, double carbon and reverse cycle resonance, recommended Nari Technology Co.Ltd(600406) , Dongfang Electric Corporation Limited(600875) , Suwen Electric Energy Technology Co.Ltd(300982) , Xj Electric Co.Ltd(000400) .
4) digital infrastructure industry: new infrastructure base, digital upgrade, recommended Inspur Electronic Information Industry Co.Ltd(000977) , Sangfor Technologies Inc(300454) , Glodon Company Limited(002410) .
5) power station operation industry: reduce the cost, increase the enthusiasm of wind and solar installation, optimize the market pattern based on the base model, and recommend China National Nuclear Power Co.Ltd(601985) , China Resources Power, Sichuan Chuantou Energy Co.Ltd(600674) .
rare earth price index reached a new high, and the rare earth sector rose strongly China Minmetals Rare Earth Co.Ltd(000831) and other surges
The rare earth sector rose on the 16th. As of press time, Innuovo Technology Co.Ltd(000795) , Shanxi Huayang New Materialco.Ltd(600281) rose by the limit, Yantai Zhenghai Magnetic Material Co.Ltd(300224) , China Minmetals Rare Earth Co.Ltd(000831) , Sinomag Technology Co.Ltd(300835) , Jiangsu Huahong Technology Co.Ltd(002645) , Earth-Panda Advanced Magnetic Material Co.Ltd(688077) , Dongguan Eontec Co.Ltd(300328) , China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , Jl Mag Rare-Earth Co.Ltd(300748) and other gains were ahead. In terms of news, on February 15, the rare earth price index of China rare earth industry association was 426.8, a record high; Compared with 342.05 points at the beginning of the year, it increased by more than 24.8%, and 112.4% compared with the phased low of 200.91 points at the end of June 2021.
It is reported that the rising trend of China’s rare earth index is mainly affected by the sharp rise in the prices of rare earth praseodymium neodymium and other spot products. According to the data of Shanghai Nonferrous Metals network, on February 15, the quotation per ton of praseodymium and neodymium oxide in light rare earths exceeded the million mark, reaching 1.1 million yuan / ton, up more than 10% from the price of 99000 yuan / ton before the Spring Festival, and only 13.7% from the historical high of 1275000 yuan / ton in 2011.
The price of dysprosium oxide in medium and heavy rare earths was 3.125 million yuan / ton, up about 7.57% from 2.905 million yuan / ton at the end of last year; The price of dysprosium metal was 3.95 million yuan / ton, up about 5.33% from 3.75 million yuan / ton at the end of last year.
Industry insiders said that the recent rise in rare earth prices is mainly due to the imbalance between market supply and demand. At present, the supply of rare earth ore raw materials and recycled waste in the upstream is very tight. This is mainly due to environmental protection and strategic resource policy control and other factors. The increment of rare earth mining indicators in China is limited, which is difficult to match the downstream demand for rare earth products expanding year by year. Separation and smelting enterprises rely more on imported rare earth mines.
Northeast Securities Co.Ltd(000686) said that in the short term, post holiday procurement just needs to tighten supply and demand. On the demand side, due to the shortage of goods prepared by downstream Nd-Fe-B enterprises before the festival, the downstream orders have improved and there is a strong demand for procurement after the festival, benefiting from the strong demand in wind power, new energy vehicles and other fields.
On the supply side, the tight supply continues. Although the indicators have increased and most separated enterprises produce normally during the Spring Festival, it is difficult for their output to increase significantly in a short time. In addition, due to the impact of the Winter Olympic Games, some enterprises are under started or even stop production. On the inventory side, according to Baichuan Yingfu, the inventory of praseodymium and neodymium oxide decreased by 5% to 3400 tons month on month last week. The downstream mainly consumed inventory during the Spring Festival, with improved demand + weak supply + low inventory. It is difficult to alleviate the contradiction between supply and demand in the short term. Considering the restraint of China’s indicators, overseas production capacity is close to full production. It is expected that the supply will remain tight in 2022, supporting the high price of rare earth.
In the long run, rare earths are at the starting point of a new era of supply and demand reconstruction, and the valuation system is being reconstructed. At present, the upstream material properties of rare earth new energy are gradually strengthening, and it is expected to reproduce the logic of the high demand for lithium and cobalt in history in the future. At the same time, the characteristics of strict policy control and high concentration of the industry make the supply end of rare earth even better than lithium and cobalt, and the ability to cross the cycle may be stronger in the future. Rare earth has changed from the resource product with the worst pattern to the resource product with the best pattern, The valuation system of rare earth sector is facing reconstruction. With the upward movement of rare earth price center, relevant enterprises may continue to realize high profits and grasp the opportunity of revaluation of core assets with global pricing power. Related subjects: China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , China Minmetals Rare Earth Co.Ltd(000831) , Inner Mongolia Baotou Steel Union Co.Ltd(600010) , Shenghe Resources Holding Co.Ltd(600392) , Xiamen Tungsten Co.Ltd(600549) , etc.
earn 5 billion yuan in 2021 Wuxi Apptec Co.Ltd(603259) rebound nearly 20% in three days
In early trading on February 16, Wuxi Apptec Co.Ltd(603259) strengthened again after yesterday’s limit rise. As of the press release of 99.26 yuan, up 5.79%. The cumulative rebound rate in the three trading days of this week has been close to 20%. In terms of news, on February 15, Wuxi Apptec Co.Ltd(603259) released a performance express. In 2021, the operating revenue was 22.902 billion yuan, a year-on-year increase of 38.5%; The net profit attributable to the parent company was 5.097 billion yuan, a year-on-year increase of 72.19%.
Specifically, the revenue of chemical business in 2021 was about 14.087 billion yuan, 9.588 billion yuan compared with the same period in 2020, a year-on-year increase of about 46.93%. Among them, the service revenue of small molecule drug discovery (R) increased by about 43.24% year-on-year; The service revenue of process R & D and production (D & M) increased by about 49.94% year-on-year. It is noteworthy that the company expects the revenue growth of the chemical business sector in 2022 to nearly double that of 2021.
It is said that the performance increase is at the highest level of 6008} in the feasibility study period, and the latest performance forecast is at the highest level of 6008}. In 2021, the overall business continued to maintain rapid growth, and the profitability continued to improve. It is estimated that the annual net interest rate in 2021 will be about 22.3%, deducting 17.7% of the non net interest rate. The company’s track is in a high boom, and the “integration, end-to-end” strategy is expected to consolidate competition barriers, drive the company’s long-term rapid growth and maintain the “buy” rating.
Guosheng securities research report said that after the integration of the company’s chemical business, the company continued to build an “integrated, end-to-end” crdmo business. The strong demand for orders has accelerated the growth of the revenue of the chemical business sector. It is expected that the revenue growth of the chemical business sector in 2022 will nearly double that of 2021.
the first share of functional drinks Eastroc Beverage (Group) Co.Ltd(605499) limit: last year, the revenue was nearly 7 billion yuan, with a year-on-year increase of 40.7%
In the morning trading on February 16, the first share of energy drinks Eastroc Beverage (Group) Co.Ltd(605499) rose by the limit. In terms of news, on February 15, Eastroc Beverage (Group) Co.Ltd(605499) released the annual performance express of 2021, which showed that the total operating revenue of the company in 2021 was about 6.978 billion yuan, a year-on-year increase of 40.72%; The net profit attributable to shareholders of listed companies was 1.193 billion yuan, a year-on-year increase of 46.90%.
For the reasons for the performance growth, Eastroc Beverage (Group) Co.Ltd(605499) said that during the reporting period, the company continued to optimize the product structure and customer structure, explore the traditional channels of the national market, further improve the overall market rate and coverage of products, and build a “energy +” product line to meet differentiated needs.
On May 27 last year, Eastroc Beverage (Group) Co.Ltd(605499) was listed on the Shanghai Stock Exchange and became the first A-share of China’s energy drinks. At present Eastroc Beverage (Group) Co.Ltd(605499) products include special drinks, orange lemon tea and packaged drinking water, but energy drinks are still the company’s main products. According to the third quarterly report of Eastroc Beverage (Group) Co.Ltd(605499) 2021, the revenue of energy drinks exceeded 5.3 billion, accounting for 96.2%, and non energy drinks accounted for 3.8%.
Southwest Securities Co.Ltd(600369) according to the research report, the growth rate of energy beverage leads the soft beverage industry, with a compound growth rate of about 9% in the past five years, ranking second in the soft beverage industry. With the improvement of Chinese residents’ consumption level, the expansion of energy beverage consumption groups and the improvement of consumers’ acceptance of energy drinks, China’s energy beverage track still has a lot of room for growth. The company has promoted Dongpeng special drink in 500ml gold bottle since 2018. With the advantages of high cost performance and differentiated packaging, the company avoids direct competition with red bull and is more suitable for major consumer groups of energy drinks such as blue collar workers, drivers and couriers to achieve rapid and large-scale consumption. As a leading domestic energy beverage enterprise, Dongpeng will fully enjoy the bonus of capacity expansion of the energy beverage industry.
in 2021, the revenue of the Internet of vehicles industrial chain in Tianjin increased by 9.8% year-on-year, and will build 2 to 3 Internet of vehicles industrial clusters (with shares)
Tianjin Daily reported that on the 15th, it was learned from Tianjin Bureau of industry and information technology that in 2021, the operating revenue of the city’s Internet of vehicles industrial chain increased by 9.8% year-on-year, promoting the construction of a number of key projects such as Jingwei Hengrun R & D headquarters project and vehicle road coordination project in the pilot area. At present, the national vehicle networking pilot area of Xiqing District has completed the transformation of vehicle road coordination function of more than 60 holographic sensing intersections, and realized the large-scale deployment of equipment interconnection of multiple manufacturers for the first time. By 2023, Tianjin will build two to three Internet of vehicles industrial clusters and cultivate a number of leading enterprises with strong strength. The area covered by Internet of vehicles application scenarios will not be less than 600 square kilometers.
China International Capital Corporation Limited(601995) pointed out that intelligent and networked dual wheel drive ushered in major opportunities for the automotive industry. At present, a new round of changes in the global science and technology industry is booming. As an important carrier of scientific and technological innovation, intelligent networked vehicles are promoting profound changes in the form of automobile industry, transportation mode, energy consumption structure and social operation mode. As two parallel technical routes, Internet of vehicles and single vehicle intelligence will accelerate the deep coupling with the layout rhythm of intelligent Internet connected vehicles, and realize full automatic driving through collaborative perception, decision-making and control, so as to bring new development opportunities for the global automobile industry.
Minsheng Securities believes that the intelligent Internet connection continues to penetrate, and the policy overweight helps the implementation of cart networking. We estimate that the proportion of retail sales of intelligent Internet connected passenger vehicles shows an upward trend as a whole. At present, the monthly penetration rate has exceeded 12%, of which the penetration rate of new energy vehicles remains at more than 30%, and that of fuel vehicles shows an upward trend as a whole, which is nearly 10%. The policy direction has shifted to promote the landing of the Internet of vehicles. We have combed the relevant policies of the Internet of vehicles in recent years. Combined with the recent statements of the Ministry of industry and information technology and other departments, we believe that the policy orientation of the Internet of vehicles has gradually shifted from putting forward objectives, formulating specifications and developing core technologies to accelerating deployment and landing applications. With the implementation of policy guarantee and the establishment of the Internet of vehicles demonstration area, the overall layout of the Internet of vehicles is expected to accelerate. In addition, the Internet of vehicles is still at an early stage of development, and there is broad space for downstream applications.
The agency pointed out that under the accelerated penetration of automotive intelligent network, it is expected to bring investment opportunities in many fields: Baidu group, a leading enterprise in the field of single vehicle intelligence and vehicle road coordination, is recommended to pay attention to the omni-directional layout of vehicle road cloud map; Under the promotion of on-board information entertainment and automatic driving of passenger cars, it is recommended to recommend the leading of automobile intelligent network Huizhou Desay Sv Automotive Co.Ltd(002920) ; The use of on-board electronic products is increased due to the automobile intelligent network. The upstream copper clad laminate faucet Shengyi Technology Co.Ltd(600183) is recommended; Recommendations in the field of commercial vehicle networking and intelligent assisted driving Hangzhou Hopechart Iot Technology Co.Ltd(688288) , Streamax Technology Co.Ltd(002970) ; It is recommended to pay attention to the manufacturers of on-board / roadside terminal products Gosuncn Technology Group Co.Ltd(300098) under the accelerated deployment of OBU and RSU.
