On Monday, January 21st, the main contents of today’s headlines are as follows:
Media name front page headlines
China Securities Journal small and micro enterprises receive preferential substantive tax reduction, and small-scale taxpayers are exempted from value-added tax. The details are clear
Shanghai Securities Journal bank wrote off trillion non-performing loans and went to battle light to support the real economy
Several companies in the securities times released performance forecasts, and GEM companies achieved outstanding results
The 18th issuance and Examination Committee of Securities Daily was born this week, and the IPO audit will continue two characteristics
People’s daily brings consumption poverty alleviation into the national poverty alleviation policy system, and it is beneficial to consume in cities and villages
The economic information daily lowered economic growth indicators in some regions, and all localities worked together to anchor high-quality development
China Securities Journal ( zone )
small and micro enterprises receive inclusive and substantial tax reduction, and small-scale taxpayers are exempted from value-added tax. The details are clear
On the 20th, the State Administration of Taxation issued the announcement of the State Administration of Taxation on issues related to the exemption of small-scale taxpayers from value-added tax and the announcement of the State Administration of Taxation on issues related to the collection and management of local taxes and relevant additional tax reduction policies for small-scale taxpayers of value-added tax. Recently, the Ministry of Finance and the State Administration of Taxation jointly issued the notice on the implementation of inclusive tax reduction and exemption policies for small and micro enterprises, which will be implemented for three years from January 1, 2019. The policy was quickly implemented, and inclusive tax cuts were implemented for small and micro enterprises, implementing the spirit of the central government’s work of reducing taxes and fees.
the theme falls into blue chips, rebounds on the platform and goes up the steps
Recently, the disk led the rise, with obvious structural changes, and subject stocks turned to undervalued blue chips. Insiders pointed out that this reflects the current multi rhythm and orderly switching. At the same time, the rise of blue chip is helpful for the stability of the market and the participation of scale funds. The market will be interpreted in depth in spring.
the annual report quarter opens this week, and the performance of 333 companies is expected to increase
According to the scheduled disclosure of 2018 annual reports of listed companies released by Shanghai and Shenzhen Stock Exchange, the first annual report will be released this week, and the “annual report season” will begin. According to the data, as of January 20, 1436 A-share listed companies had disclosed 2018 performance forecasts. Among them, 333 were increased in advance, accounting for 23.19%. In terms of industry distribution, these 333 companies are mainly distributed in the fields of chemical industry, electronics, mechanical equipment, medicine, biology, electrical equipment and so on.
the reply to the inquiry letter is different. The Shanghai Stock Exchange pays more attention to the transfer of the controlling equity of Tianmu pharmaceutical
Tianmu pharmaceutical issued an announcement on the evening of January 20, replying to the previous 18 questions of the Shanghai Stock Exchange on the intention of the controlling shareholder of the company, Great Wall group, to transfer the controlling right of the company. However, when answering whether there is a control transfer agreement and whether there is an agreement on the termination of the agreement, Great Wall group and the counterparty “stick to their own words”. On the evening of January 20, the company received another regulatory letter from Shanghai Stock Exchange, requiring all parties to verify and fully disclose the above inconsistencies.
Shanghai Securities News (special area)
banks write off trillions of non-performing loans and go light to support the real economy
“Strengthening the write off of non-performing loans” does not simply stay on the regulatory slogan. According to the latest data released by the CBRC, the growth rate of loan write off amount of commercial banks in 2018 exceeded 30%, with a total amount of nearly trillion yuan.
the CSRC will promote the innovation of local bond products and increase incentives for underwriting securities companies
Chen Fei, director of the corporate bond Supervision Department of the CSRC, said at the “2019 local government debt management seminar” on January 17 that the CSRC will fully cooperate with the financial departments and local governments to continue to ensure the issuance of local bonds, continue to promote the innovation of local bond products and the improvement of trading mechanism, strengthen the construction of secondary market and strengthen the cultivation of various institutional and individual investors, Increase incentives for securities companies to underwrite local bonds and improve the enthusiasm of securities companies.
the “red envelope” of exchange income helped some listed companies to predict their performance
Among the listed companies that have disclosed the performance forecast for 2018, at least 12 companies have realized a significant increase in net profit due to the weakening of RMB exchange rate. Affected by the fluctuation of RMB exchange rate, “enterprise exchange gain and loss” has become one of the key factors related to the performance profit and loss of some listed companies. Shanghai Securities News found that among the listed companies that have disclosed the performance forecast for 2018, at least 12 companies have realized a significant increase in net profit due to the weakening RMB exchange rate.
Sichuan Shengda Forestry Industry Co.Ltd(002259) was asked by the regulators: what is the relationship between quasi “new master” and Quan Jian?
After the inquiry letter issued by Sichuan Securities Regulatory Bureau, Shenzhen Stock Exchange recently issued a concern letter to Sichuan Shengda Forestry Industry Co.Ltd(002259) , asking about the company’s non independent director candidate Shen Jianhong’s position as vice president of Quanjian group since 2011, and asking the company to explain the relationship between Baohetang and its affiliated companies and Quanjian group, and whether there is capital exchange or cooperation, And explain the reasons and rationality of nominating Shen Jianhong as a candidate for non independent directors.
Securities Times (special area)
several companies released performance forecasts, and GEM companies achieved outstanding results
On the evening of January 20, a number of listed companies issued performance forecasts for 2018. Among GEM companies, Inventronics (Hangzhou) Inc(300582) (300582) and Shanghai Kinetic Medical Co.Ltd(300326) (300326) are expected to achieve a net profit increase of more than 100% in 2018. Among them, Inventronics (Hangzhou) Inc(300582) announcement shows that the company achieved a profit of 65.052 million ~ 72.558 million yuan in 2018, with a year-on-year increase of 160% ~ 190%.
the central bank buys treasury bonds? The current necessity and urgency are not high
The discussion on whether the central bank can buy stocks has not decreased, and the discussion on whether the central bank can buy treasury bonds has become lively again. An official of the Ministry of Finance said that “promoting the expansion of the use of national debt in monetary policy operation and promoting the implementation of the monetary policy mechanism of national debt as the main tool of open market operation”, one stone aroused thousands of waves, and the discussion on whether the central bank can buy national debt immediately began. Some netizens even compared this to the central bank issuing a “credit card” to the Ministry of finance.
formal landing institutions of volume procurement frequently copy the bottom of pharmaceutical stocks
On January 17, the general office of the State Council issued the national pilot scheme for centralized drug procurement and use, made arrangements for the pilot work of centralized drug procurement and use, and selected “4 + 7” cities to carry out the pilot work, which means that the national pilot site for centralized drug procurement will enter the implementation stage.
Henan Shuanghui Investment & Development Co.Ltd(000895) Shuanghui group, which intends to absorb the controlling shareholder of the merger, will be suspended from today
As a leading company in the A-share meat products industry, Henan Shuanghui Investment & Development Co.Ltd(000895) (000895) announced on the evening of January 20 that it planned to absorb the merger controlling shareholder Shuanghui group, and the Hong Kong Parent Company Wanzhou International (00288. HK) also announced the internal structure of the reorganization. From January 21, Henan Shuanghui Investment & Development Co.Ltd(000895) began to suspend trading. It is expected that the suspension will not exceed 10 trading days.
Securities Daily (special area)
the 18th development and Examination Commission was born this week. IPO audit will continue two characteristics
On January 23, the proposed candidates for the 18th IEC will be publicized. The 18th IEC is expected to be finalized this week and will officially start performing their duties next week. In the list of candidates to be appointed as members of the 18th development and Examination Commission, there are 1 from the CSRC, 9 from local securities regulatory bureaus, 3 from Shenzhen Stock Exchange, 5 from law firms and 3 from accounting firms, a total of 21. Compared with the 17th development and Examination Commission, the number of members of the 18th development and Examination Commission was significantly reduced from 53 candidates to 21. At the same time, all personnel of securities companies, insurance, funds and universities were eliminated, and no one was selected by the Shanghai Stock Exchange.
local bonds began to “supply” and the exchange became an important channel for issuance
The issuance of local bonds in 2019 kicked off, including 14 provinces and cities such as Henan, Fujian, Yunnan and Zhejiang, which will issue local bonds within this month. The person in charge of the corporate bond Supervision Department of the CSRC said that the issuance of local bonds in the exchange bond market is a win-win situation and choice.
“Shanghai Detong” is on the agenda, and the interconnection of capital market will be expanded
There will be new breakthroughs in the interconnection between China’s capital market and overseas markets. The joint statement of the second China Germany high level financial dialogue recently announced that the two sides welcome the German Stock Exchange and Shanghai Stock Exchange to carry out a feasibility study on the listing of Depositary Receipts (DR) products by their listed companies in the other market.
* ST Fugang annual report dystocia company and 24 responsible persons were punished by the CSRC
Due to the failure to disclose the 2017 annual report and the first quarter report of 2018 on time, * ST Fugang received the punishment decision proposed by the CSRC after receiving the disciplinary punishment from the Shanghai Stock Exchange. On January 18, * ST Fugang and 24 relevant responsible persons received the prior notice of administrative punishment from the CSRC. The CSRC plans to give a warning to * ST Fugang and 24 relevant responsible persons and impose a corresponding fine.
people’s daily
poverty alleviation through consumption is incorporated into the national poverty alleviation policy system. It is beneficial to consume in cities and villages
Many poor areas have been facing such a problem for a long time: Shenzhen Agricultural Products Group Co.Ltd(000061) lacks brand awareness. Due to its remoteness and high logistics cost, some high-quality and pollution-free Shenzhen Agricultural Products Group Co.Ltd(000061) are not easy to sell or even can not be sold, so it is difficult to drive local people out of poverty. Characteristic Shenzhen Agricultural Products Group Co.Ltd(000061) sales can’t reflect high quality and good price. What’s a good way?
economic reference daily
some regions lowered their economic growth indicators and all localities made concerted efforts to anchor high-quality development
Following the local economic work conference, the local “two sessions” have also been intensively launched, and many heavy conferences have delineated the map of economic development in 2019. The reporter learned that weakening GDP indicators and anchoring “high quality” have become the main line of local economic development. Some places are planning new regional planning, and a number of high-quality development demonstration areas, high-quality development belts and “new” kinetic energy systems will accelerate the formation.
the net profit of more than 60% trust companies fell last year
With the results of more than 60 trust companies successively announced, the report card of the trust industry in 2018 also surfaced. On the whole, the overall asset management scale and profitability of the whole industry showed a downward trend, and more than 60% of the companies showed a decline in net profit. However, the development gap between different trust companies is very different, and the operating profits of traditional head companies remain stable. CITIC Trust, Ping An Trust and Chongqing Trust ranked among the top three in the industry with a net profit of more than 3 billion yuan.
stimulate market vitality and ensure that the economy operates within a reasonable range
Facing the complex situation, how to carry out economic work and implement various measures in 2019 is particularly important. Recently, Premier Li Keqiang has organized three meetings, including a plenary meeting of the State Council to discuss the government work report (Draft for comments), a symposium for experts, scholars and business people to listen to their opinions and suggestions on the government work report (Draft for comments), and a symposium for heads of the central committees of democratic parties, the all China Federation of industry and Commerce and representatives of non party personages, We can roughly see the context of government work this year.
