Market in recent week
Defense industry (Shenwan) index (- 3.11%), industry (Shenwan) ranking (28 / 28); Shanghai Composite Index (+ 1.63%), Shenzhen Component Index (+ 1.47%), gem index (- 0.34%); top five increases: Yunnan Xiyi Industrial Co.Ltd(002265) (+ 61.18%), Hunan Tyen Machinery Co.Ltd(600698) (+ 61.14%), Changchun Yidong Clutch Co.Ltd(600148) (+ 24.95%), Chengdu Leejun Industrial Co.Ltd(002651) (+ 17.89%), Hebei Sinopack Electronic Technology Co.Ltd(003031) (+ 15.95%); top five decreases: Gaona Aero Material Co.Ltd(300034) (- 11.03%) Guoguang Electric Co.Ltd.Chengdu(688776) (- 10.97%), Chengdu Jouav Automation Tech Co.Ltd(688070) (- 10.85%), Philips (- 9.87%), Kingsignal Technology Co.Ltd(300252) (- 9.33%).
Important events and announcements
On December 6, Guanglian Aviation Industry Co.Ltd(300900) plans to increase capital to Xi’an Guanglian, a wholly-owned subsidiary. At the same time, it plans to introduce investors aviation industry fund, national industry fund, Huihua Qilian and Sun Wei by increasing capital and shares. After the capital increase, the registered capital of Xi’an Guanglian will increase from 150 million yuan to 400 million yuan.
On December 6, Lei fanpei, Secretary of the Party group and chairman of China Cssc Holdings Limited(600150) Group Co., Ltd., met with Rui Xiaowu, Secretary of the Party group and chairman of China Electronic Information Industry Group Co., Ltd., and his delegation in Beijing. The two sides exchanged views on promoting the mixed reform of state-owned enterprises and independent and controllable products, and conducted in-depth discussions and reached consensus on further strengthening exchanges and cooperation, deepening mutual benefit and win-win results and promoting industry development.
On December 7, Xi’An Triangle Defense Co.Ltd(300775) announced to invest in the construction of aviation parts special process capacity-building project, with a total investment of 156 million yuan and an estimated construction period of 36 months.
On December 7, Avic Xi’An Aircraft Industry Group Company Ltd(000768) estimated the total amount of various daily related party transactions with the controlling shareholder AVIC and its affiliated units in 2022, with an estimated total amount of 18.281 billion yuan.
On December 6, Harbin Xinguang Optic-Electronics Technology Co.Ltd(688011) Technology Co., Ltd. deliberated and approved the proposal on adjusting the first grant price of the 2020 restricted stock incentive plan, It is agreed to adjust the grant price of restricted shares granted for the first time in the 2020 restricted stock incentive plan from 14.80 yuan / share to 14.72 yuan / share according to the relevant provisions of the company’s 2020 restricted stock incentive plan (Draft). On December 7, Wedge Industrial Co.Ltd(000534) It was announced that the subsidiary Shenshan Wanze precision recently received a letter from relevant units. According to the overall delivery work arrangement of a certain type of machine, the president test of a certain type of machine in 2021 has clearly equipped the high-pressure turbine blade produced by Shenshan Wanze precision with high-pressure turbine rotor, and recently completed the 500 hour long-term test run assessment, It indicates that the turbine blades produced by Shenshan Wanze precision have been recognized by relevant customers, which is of positive significance to the development of the company’s superalloy business.
On December 8, the U.S. House of Representatives voted to pass a 778 billion defense authorization bill. The scale of defense expenditure authorized by the bill is about 25 billion yuan more than Biden’s requirements, including the provisions for the establishment of the Afghanistan war committee.
