Event: Chinese enterprises have made great efforts in Winter Olympic products and actively improved their brand influence. In the field of light industry manufacturing, Keeson Technology Corporation Limited(603610) as the only smart bed supplier for the Beijing Winter Olympic Games and winter Paralympic Games, applied scientific and technological research results to the sleep smart bed products of the Winter Olympic Games and became popular in the short video sharing of international athletes; In the field of textile and clothing, Anta sports, as an official sports clothing partner, provides uniforms and equipment for the staff of the Winter Olympic Games, and assists 12 Chinese national teams with scientific and technological competition equipment.
After the opening of the Winter Olympics, the share prices of most relevant listed companies rose. From February 7 to February 18, among the listed companies providing products for the Beijing Winter Olympic Games, 6 were in a rising state; Among them, the range of Jiangsu Sunshine Co.Ltd(600220) increased the most, with 8.23%. The company’s main business is the production and sales of worsted fabric, wool textile and electric steam. As a business dress partner of China’s ice and snow, it participated in the design and production of “China’s ice and snow · athletes’ business dress”.
Companies in the industry seize the opportunity of the Winter Olympics and actively layout the ice and snow sports industry. As the largest down jacket enterprise in China, Bosideng signed an agreement with German ski brand Bogner at the end of 2021 to introduce and jointly operate the brand in China as a joint venture; Li Ning also launched a new ski category and cooperated with many top skaters at home and abroad to create a li-ningsnowboarding snowboarding series.
The Winter Olympics will bring new business opportunities to the industry, and we are optimistic about the listed companies actively distributing ice and snow sports in the industry. The successful holding of the Beijing Winter Olympic Games has made the goal of “300 million people participating in ice and snow sports” a reality. Although the Winter Olympic Games are nearing the end, the dividends generated by the ice and snow economy are constantly being released, and the economic benefits brought by it will continue in the short term. Recommended concerns: Org Technology Co.Ltd(002701) (002701. SZ), Li Ning (2331. HK), Bosideng (3998. HK), Anta sports (2020. HK).
Market review (February 14-february 18):
Among the Shenwan level industries, the light industry manufacturing industry rose 0.62% this week, ranking 19th among Shenwan 31 level-1 industries, outperforming the market. Among the sub sectors, entertainment products performed better, up 5.04%, and packaging and printing performed poorly, down 0.42%; The textile sector rose by 2.91% and the garment manufacturing sector rose by 2.91% in the first quarter, with the textile sector rising by 31.91% and the garment sector rising by 2.91%.
Industry data tracking:
Furniture: the price of TDI this week is the same as that of last week, and the price of MDI is lower than that of last week.
Papermaking: according to Zhuo Chuang information, in terms of pulp, on February 18, the market price of coniferous pulp was 6426.79 yuan / ton, up 1.18% from last Friday; The market price of broad-leaved pulp was 5373.86 yuan / ton, up 1.12% from last Friday; The market price of natural color pulp is 6225.00 yuan / ton, up 0.40% from last Friday; The market price of chemical mechanical pulp was 4741.67 yuan / ton, up 0.35% from last Friday. In terms of packaging paper, on February 18, the market price of corrugated paper was 3921.88/ton, up 0.08% from last Friday; The market price of white cardboard was 6195.00/ton, up 2.91% from last Friday. In terms of cultural printing paper, on February 18, the market price of double offset paper was 5825.00 yuan / ton, up 2.19% from last Friday; In terms of household paper, the market price on February 18 was 6450.00 yuan / ton, up 0.26% from last Friday.
Textile and clothing: on February 18, the price of cotton was 22770.77 yuan / ton, down 0.30% from last week; The price of yarn has fallen, and the price of polyester has fallen.
Investment strategy:
Recently, the policy margin of the real estate industry has been relaxed. We believe that we can pay attention to the home sector in the near future. It is suggested to pay attention to [ Oppein Home Group Inc(603833) ] and [ Suofeiya Home Collection Co.Ltd(002572) ]; Software home is recommended to pay attention to [ Jason Furniture (Hangzhou) Co.Ltd(603816) ] and [ Xlinmen Furniture Co.Ltd(603008) ].
Risk tips: raw material price fluctuation risk and exchange rate fluctuation risk.
