Follow up comments
On December 2, 2021, the Shanghai Composite Index closed at 3573.84 points, down 0.09%; The Shenzhen Component Index closed at 14765.56 points, down 0.19%. The Chongqing composite index, which we focus on, closed at 3936.73 points, down 0.66%; Sichuan composite index closed at 9854.36 points, up 0.09%. The top three stocks of Listed Companies in Sichuan and Chongqing are: Gifore Agricultural Science & Technology Service Co.Ltd(300022) (300022, 10.90%), Chongqing Wanli New Energy Co.Ltd(600847) (600847, 10.03%), Berry Genomics Co.Ltd(000710) (000710, 9.98%).
The 42 companies we focus on fell by an average of 1.25%, among which the top three stocks were: Shenghe Resources Holding Co.Ltd(600392) (600392, 3.72%), New Hope Liuhe Co.Ltd(000876) (000876, 2.54%) and Dongfang Electric Corporation Limited(600875) (600875, 2.33%). By industry, the top three sectors in Sichuan and Chongqing were steel (+ 2.93%), agriculture, forestry, animal husbandry and fishery (+ 2.54%) and commercial trade (+ 2.38%).
On December 1, the general office of Sichuan provincial government issued the implementation plan for promoting the high-quality development of public hospitals in Sichuan Province, which proposed to strive to build more than 300 Internet hospitals and promote the closed-loop service of “online consultation, electronic prescription, online settlement and delivery to home”. Specific measures include: Innovation Medical Management Co.Ltd(002173) service mode, and development of “Internet plus nursing service”; Promote cloud computing, big data, Internet of things, blockchain Fifth generation mobile communication (5g) and other new generation information technologies have been integrated and applied in the medical field. Affected by the covid-19 epidemic in 2020, patients’ access to hospitals, pharmacies and other places for diagnosis, treatment and purchase of drugs has been greatly limited, and medical demand has shifted from offline to online. The data show that China’s Internet medical and health industry has achieved rapid growth in 2020, with a market scale of 19.1 billion yuan, a year-on-year increase of 47%. 2 In 021, the market scale is expected to reach 283.1 billion yuan, with a year-on-year growth rate of 45%. The introduction of relevant policies will further promote the development of the Internet plus medical health industry in Sichuan and Chongqing, and the potential of the related enterprises will be larger in the future.
Industry highlights
1. The local standards of Sichuan Chongqing smart expressway are officially released after being approved by the market supervision and administration bureaus of the two places. The standard defines the overall technical requirements for smart expressway construction, intelligent classification, roadside facility setting specification and vehicle road coordination system data exchange, and standardizes the design and construction of new, reconstructed and expanded smart Expressway and intelligent improvement of operated expressway. (China News Network)
2. Chongqing development and Reform Commission released the fifth anniversary report card of Chongqing airport economic demonstration zone. The data show that in 2020, the demonstration zone achieved a regional GDP of 68.54 billion yuan, double that in 2016, and the proportion of airport industry in the regional GDP reached 41.6%, an increase of 5.4 percentage points over 2016. The leading demonstration effect of airport economy is gradually prominent. (China News Network)
Company dynamics
Chongqing Three Gorges Water Conservancy And Electric Power Co.Ltd(600116) (600116): issue the announcement on the approval of registration of ultra short term financing bonds.
New Hope Liuhe Co.Ltd(000876) (000876): the announcement on the progress of share repurchase was issued. As of November 30, 2021, the Company repurchased 10017501 shares of the company through centralized bidding transaction through the special securities account for repurchase, accounting for 0.2224% of the total share capital of the company. The maximum transaction price was 24.15 yuan / share, the minimum transaction price was 20.81 yuan / share, and the total transaction amount was 229959017.80 yuan.
Risk tips: economic recovery is lower than expected, covid-19 outbreak risk, raw material price fluctuation risk.
