Market performance and highlights this week: Contemporary Amperex Technology Co.Limited(300750) signed a strategic cooperation framework agreement with Suzhou municipal government
Market performance: this week (from December 6 to December 10, the same below) the A-share market fluctuated. The Shanghai Composite Index closed at 3666 points, up 1.63%; the Shenzhen Component Index closed at 15112 points, up 1.47%; the gem index closed at 3467 points, down 0.34%. In terms of the style of large and small markets, the large market index rose 2.65% and the small market index fell 0.63% this week. Since 2021, the large market index has fallen 3.37% and the small market index has risen 19.20% , the small cap / large cap ratio is 1.23. Yanker Shop Food Co.Ltd(002847) , Zhongyin Babi Food Co.Ltd(605338) , Bestore Co.Ltd(603719) led the increase this week.
Highlights of this week: Contemporary Amperex Technology Co.Limited(300750) signed a strategic cooperation framework agreement with Suzhou municipal government; The Ministry of industry and information technology issued the catalogue of the 49th batch of new energy vehicle models exempted from vehicle purchase tax.
Major events this week: Shanghai Bairun Investment Holding Group Co.Ltd(002568) , Zhejiang Huatie Emergency Equipment Science & Technology Co.Ltd(603300) equity incentive scheme deserves special attention. Shanghai Bairun Investment Holding Group Co.Ltd(002568) it is proposed to grant 3 million restricted shares to employees at the price of 30.34 yuan / share. The performance evaluation standard is: Based on 2021, the growth rate of operating revenue in 2022, 2023 and 2024 shall not be less than 25.00%, 53.75% and 84.50% respectively; Zhejiang Huatie Emergency Equipment Science & Technology Co.Ltd(603300) it is proposed to grant 15.7 million restricted shares to employees at the price of 12.50 yuan / share. The performance evaluation standard is that the operating income value in 2022, 2023 and 2024 shall not be less than 2.989 billion yuan, 4.185 billion yuan and 5.859 billion yuan respectively.
This week’s special topic: high power semiconductor laser leaders welcome to the market and cut into vehicle lidar
Ju Guang technology is a leading enterprise in high-power semiconductor lasers. It cooperates in the layout of “generating photons” and “regulating photons” to form a strong technical barrier. In 2015, the company led the formulation of the national standard for semiconductor lasers, and the 120kw high-power semiconductor lasers developed by the company broke the overseas monopoly. In 2017, the company acquired limo, the world’s leading micro optics supplier (won the “Oscar” Prism Awards in optoelectronics industry in 2018), realized the coordinated layout of “generating photons” and “regulating photons” technologies, and established strong technical barriers.
Semiconductor, medical beauty, high-end manufacturing and other downstream industries have high prosperity and large growth space. Lidar is ready to become a new driving force for the rapid growth of the company. In terms of semiconductor laser business, with the first mover advantage of high-power semiconductors in the industry and the product performance higher than that of giants such as overseas related companies, the company’s orders for integrated modules in medical and American fields are expected to continue to grow. In terms of laser optics business, the merger and integration of limo enables the company to have both photon production and photon regulation capabilities, and the gross profit margin and product yield have been further improved. The company’s optical field homogenizer has entered the ASML supply chain. The high prospect of the semiconductor industry is expected to be the main force, and this business will become a new growth point. In terms of on-board business, the company’s solid-state lidar launch module has made a breakthrough, won the shares of Huawei and became the supplier of velodyne and luminar, the well-known lidar manufacturers in the industry. In 2022, the lidar will gradually enter the large-scale production period, and the company’s products have entered the stage of mass production, climbing and delivery, which is expected to enjoy the industry dividend.
Key recommended themes and stocks
Smart car theme ( Huizhou Desay Sv Automotive Co.Ltd(002920) , Foryou Corporation(002906) , Ingenic Semiconductor Co.Ltd(300223) , Thunder Software Technology Co.Ltd(300496) , Lianchuang Electronic Technology Co.Ltd(002036) , Ningbo Joyson Electronic Corp(600699) , Meig Smart Technology Co.Ltd(002881) ); high end manufacturing theme ( Amlogic (Shanghai) Co.Ltd(688099) , Jade Bird Fire Co.Ltd(002960) , Jutze Intelligent Technology Co.Ltd(300802) , Jiangsu Ankura Smart Transmission Engineering Technology Co.Ltd(300617) ); leisure snack theme ( Yanker Shop Food Co.Ltd(002847) , Bestore Co.Ltd(603719) , Three Squirrels Inc(300783) ); pet and Breakfast theme ( Petpal Pet Nutrition Technology Co.Ltd(300673) , Zhongyin Babi Food Co.Ltd(605338) ).
Risk tip: the economy has fallen sharply; Major changes in capital market reform policies; The prosperity of the industry is lower than expected.
