The Shanghai Composite Index rose 3465.57% on February 16, 2022; The Shenzhen Component Index closed at 13376.36 points, up 0.23%. The Chongqing composite index, which we focus on, closed at 3682.02 points, up 0.82%; Sichuan composite index closed at 8960.77 points, up 0.58%. The top three stocks of Listed Companies in Sichuan and Chongqing are: Jiayuan Technology (301117, 20.00%), Chongqing Mas Sci.& Tech.Co.Ltd(300275) (300275, 11.26%), Chengdu Road & Bridge Engineering Co.Ltd(002628) (002628, 10.08%). The 42 companies we focus on rose by an average of 0.85%, of which the top three stocks were: Sichuan Injet Electric Co.Ltd(300820) (300820, 5.47%), Lier Chemical Co.Ltd(002258) (002258, 4.37%), Qianhe Condiment And Food Co.Ltd(603027) (603027, 3.88%). By industry, the top three sectors in Sichuan and Chongqing were architectural decoration (4.59%), leisure services (4.05%) and non-ferrous metals (3.94%).
Sichuan Provincial Department of agriculture and rural development, Sichuan Provincial Development and Reform Commission and Sichuan Forestry and grass Bureau jointly issued the “development plan of modern seed industry in Sichuan Province during the 14th five year plan”, which made it clear that by 2025, the development of modern seed industry in Sichuan Province will make breakthrough progress and initially realize the goal of transforming from a large seed industry province to a strong seed industry province. Among them, the plan proposes to accelerate the application of biotechnology such as omics, whole genome selection and gene editing, as well as information technologies such as Internet of things, big data, 5g and artificial intelligence in breeding, break through the key technology of “neck” of biological breeding, and orderly promote the industrial application of biological breeding. Sichuan is a large province of seed industry and agriculture in China, with rich species resources. Promoting the modernization of Sichuan seed industry and promoting the digital transformation of Sichuan seed industry will help release the potential of Sichuan seed industry and help the agriculture, forestry, animal husbandry and fishery industry achieve high-quality development.
Industry dynamics
The 14th five year plan for Chongqing’s ecological and environmental protection was officially released. The plan stipulates that by 2025, the quality and stability of Chongqing’s ecosystem will be further improved, the green transformation of production and life style will be remarkable, the environmental quality will be continuously improved, the total discharge of major pollutants will be continuously reduced, prominent environmental problems will be effectively treated, and environmental safety will be effectively guaranteed, The modernization level of ecological environment governance system and governance capacity has been significantly improved. (China News Network)
Company dynamics
Sichuan Guoguang Agrochemical Co.Ltd(002749) (002749): the 2021 annual performance express was released. In 2021, the company achieved an operating revenue of 1.358 billion yuan, a year-on-year increase of 17.11%, and a net profit attributable to the company’s shareholders of 206 million yuan, a year-on-year increase of 20.49%.
Chongqing Pharscin Pharmaceutical Co.Ltd(002907) (002907): issued the 2021 annual performance express. In 2021, the company achieved an operating revenue of 846 million yuan, a year-on-year decrease of 4.11%, and a net profit attributable to the company’s shareholders of 93 million yuan, a year-on-year decrease of 21.84%.
Risk warning: the economic recovery is lower than expected and the risk of covid-19 outbreak.
