Weekly report of Listed Companies in Sichuan and Chongqing: Sichuan and Chongqing data center industry will usher in new opportunities for development

Sichuan composite index fell 0.62% and Chongqing composite index fell 2.12% this week.

As of January 21, 2022, the PE of Sichuan sector is 49.30 times, and the overall valuation level has decreased; The PE of Chongqing sector is 21.72 times, and the overall valuation level has decreased. By industry, the top three sectors in Sichuan and Chongqing this week were computers (+ 3.75%), banks (+ 3.34%) and textiles and clothing (+ 3.14%). From the perspective of listed companies, the top three gainers are Chengdu Information Technology Of Chinese Academy Of Sciences Co.Ltd(300678) (+ 22.23%), Chongqing Wanli New Energy Co.Ltd(600847) (+ 20.99%) and cruise Technology (+ 12.98%); The top three declines were Sunway Co.Ltd(603333) (- 33.50%), Chengdu Huasun Technology Group Inc.Ltd(000790) (- 17.92%) and * ST long-term movement (- 17.07%). The 42 listed companies we focus on in Sichuan and Chongqing fell by an average of 3.53%, and the top three were: Jinke Property Group Co.Ltd(000656) (+ 10.62%), Chengdu Haoneng Technology Co.Ltd(603809) (+ 10.31%), Eoptolink Technology Inc.Ltd(300502) (+ 10.03%); The top three declines were: Maccura Biotechnology Co.Ltd(300463) (- 16.73%), Chengdu Leejun Industrial Co.Ltd(002651) (- 14.47%) and Sichuan Injet Electric Co.Ltd(300820) (- 12.22%).

Sichuan Chongqing data center industry will usher in new opportunities for development.

The national development and Reform Commission announced that the national development and Reform Commission, together with the central network information office, the Ministry of industry and information technology and the national energy administration, has approved and agreed to start the construction of national hub nodes in Inner Mongolia, Guizhou, Gansu and Ningxia. At the same time, it is cooperating with relevant departments to deeply demonstrate the construction schemes of four nodes, such as Beijing Tianjin Hebei, Yangtze River Delta, Guangdong Hong Kong Macao Bay area and Chengdu Chongqing. Digitization is the next stage of transformation and upgrading of various industries in China. As one of the important infrastructure to realize the digital transformation of industries, the market scale will grow rapidly during the 14th Five Year Plan period. Computer and electronic communication industry is one of the core industries in Chengdu and Chongqing. In recent years, the industrial scale has maintained rapid growth and the demand for regional data storage has been increasing. At the same time, Sichuan is rich in hydropower resources and low electricity price, which has cost advantages for the data center industry. It will be one of the eight key construction nodes superimposed in the implementation plan, It is expected that enterprises related to the data center industry in Sichuan and Chongqing will achieve rapid development in the future.

The construction of Chengdu Chongqing double city economic circle will drive the good development of regional infrastructure and transportation industry.

Sichuan Province held the fifth session of the 13th people’s Congress, at which it was proposed to continue to implement the outline of the plan for the construction of Chengdu Chongqing dual city economic circle and key special plans. In terms of infrastructure construction, we will accelerate the construction of major projects such as Sichuan Tibet railway, Chengdu Dawan high-speed railway and Chengdu Chongqing middle line high-speed railway, do a good job in the preliminary work of the water conservancy project from Dalian to Fujian, speed up the implementation of the project, and moderately advance infrastructure investment. In terms of transportation, accelerate the construction of Chengdu Chongqing middle line high-speed railway and other projects. Accelerate the construction of Sichuan International aviation hub, optimize the international route network, and expand the intercontinental 10 hour and Asian 5-hour voyage circle efficiently connected with the world’s major passenger and cargo transportation hubs. Major construction projects in Sichuan and Chongqing are progressing smoothly. With the continuous promotion of the construction of Chengdu Chongqing dual city economic circle, it is expected that a large number of construction projects will start one after another this year, continuously releasing a large number of infrastructure needs and helping relevant enterprises maintain rapid growth in performance. At the same time, the smooth air and land transportation channels will also promote the growth of logistics expansion in Sichuan and Chongqing and benefit the growth of relevant enterprises in the region.

Risk tip: macroeconomic growth is lower than expected, covid-19 epidemic continues to be at risk, and consumption recovery is lower than expected.

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