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the Chinese medicine sector broke out again Tianjin Chase Sun Pharmaceutical Co.Ltd(300026) “20cm” limit Zhejiang Jolly Pharmaceutical Co.Ltd(300181) and other big rises
Recently, the active Chinese medicine sector broke out again on the 24th. As of press time, Tianjin Chase Sun Pharmaceutical Co.Ltd(300026) “20cm” limit, Zhejiang Jolly Pharmaceutical Co.Ltd(300181) , Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) and other outstanding performances, Jinghua Pharmaceutical Group Co.Ltd(002349) , Guangxi Wuzhou Zhongheng Group Co.Ltd(600252) , Dali Pharmaceutical Co.Ltd(603963) , Kunming Longjin Pharmaceutical Co.Ltd(002750) and other “10cm” limit.
In terms of news, in recent years, the state has successively issued documents to vigorously support the development of the traditional Chinese medicine industry. The proposal of the CPC Central Committee on formulating the 14th five year plan for national economic and social development and the long-term goal for 2035 clearly puts forward that we should pay equal attention to both traditional Chinese and Western medicine and vigorously develop the cause of traditional Chinese medicine. The opinions on Further Strengthening the work of traditional Chinese medicine in general hospitals and promoting the coordinated development of traditional Chinese and Western medicine formulated by the National Health Commission also puts forward that general hospitals are an important platform for providing traditional Chinese medicine services. Strengthening the work of traditional Chinese medicine in general hospitals is of great significance to adhere to the equal emphasis on traditional Chinese and Western medicine and promote the complementary and coordinated development of traditional Chinese medicine and Western medicine, This will increase the share of traditional Chinese medicine in the China Meheco Group Co.Ltd(600056) market and benefit the development of traditional Chinese medicine enterprises. Some analysts pointed out that with the introduction of several policies and measures on accelerating the characteristic development of traditional Chinese medicine and the implementation opinions on promoting the inheritance, innovation and development of traditional Chinese medicine, the pattern of traditional Chinese medicine industry has been gradually optimized and the benefits of promoting the construction of healthy China have become prominent.
Citic Securities Company Limited(600030) said that in recent years, the state has strongly supported the development of traditional Chinese medicine and continuously issued relevant policies, releasing the vitality and potential for the innovation of traditional Chinese medicine. Since January 2019, due to the unexpected impact of industrial policies and terminal sales data, the traditional Chinese medicine sector has been significantly underperforming the pharmaceutical index and other sub sectors, and the current valuation is at the bottom of history. At the end of the year, when high valuation sectors such as CXO in the pharmaceutical sector continued to callback, the value of the traditional Chinese medicine sector was highlighted as a haven for undervaluation.
The agency believes that investment opportunities will focus on some OTC and big health fields. With the upgrading of consumption and the awakening of people’s awareness of health, the field of big health traditional Chinese medicine still deserves special attention. It recommends enterprises with strong moat and high product barriers, such as Yunnan Baiyao Group Co.Ltd(000538) , Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) ; At the same time, it is suggested to pay attention to Beijing Tongrentang Co.Ltd(600085) , Dong-E-E-Jiao Co.Ltd(000423) , Shijiazhuang Yiling Pharmaceutical Co.Ltd(002603) , Henan Lingrui Pharmaceutical Co.Ltd(600285) , Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) and gushengtang, a chain group of TCM outpatient services.
another liquor enterprise raised the price Zhejiang Guyuelongshan Shaoxing Wine Co.Ltd(600059) once increased the limit Kweichow Moutai Co.Ltd(600519) and exceeded 2200 yuan
Boosted by rising prices, liquor stocks strengthened again on the 24th. As of press time, Zhejiang Guyuelongshan Shaoxing Wine Co.Ltd(600059) rose by more than 6%, and the stock once rose by the intraday limit; Kweichow Moutai Co.Ltd(600519) the intraday increase exceeded 4% and exceeded the integer level of 2200 yuan; In addition, Wuliangye Yibin Co.Ltd(000858) , Anhui Gujing Distillery Company Limited(000596) and other straight lines are pulled up.
On the news, the tide of wine price rise is spreading. On December 23, Zhejiang Guyuelongshan Shaoxing Wine Co.Ltd(600059) announced that in view of the sharp rise in raw material prices and labor costs and the rising production and operation costs of enterprises, the company decided to adjust the prices of some products in order to improve Zhejiang Guyuelongshan Shaoxing Wine Co.Ltd(600059) brand strength and competitiveness.
Dongxing Securities Corporation Limited(601198) pointed out that liquor enterprises focus on price increases. First, from the perspective of marketing, price increases help boost dealers’ confidence and ensure dealers’ inventory appreciation; Second, it can promote dealers to make money and ensure the completion of the task of making a good start at the beginning of the year; Third, the price rise also sends a signal to the market that consumers feel like hot sales. We judge that during the Spring Festival sales next year, liquor enterprises will still arrange dealers to make payment in advance, and the overall progress of industry payment will be ahead of schedule. Due to the overall stability of mobile sales in the Mid Autumn Festival this year, the industry is more conservative in the prediction of mobile sales in the Spring Festival next year, but the industry will still maintain a relatively stable growth, and pay attention to the layout and release of high potential energy enterprises in the early stage next year.
According to the securities and securities company, under the guidance of prudent operation of leading companies, the fundamentals of Baijiu industry are still steady, and the structural prosperity characteristics will continue in the future. In the context of the slowdown in macroeconomic trends, the growth of high-end Baijiu is more scarce. The growth of the top three strong / five / LV is expected to accelerate. Baijiu Baijiu, the long time of high-end liquor evaluation has experienced a long time. With the liquidity constraints and policy risk worries, the valuation of high-end liquor has experienced a long time. Considering that the fundamentals of high-end liquor have strong support, the consumption tax has limited impact on high-end brands of liquor brands, and the valuation of the Baijiu liquor brings opportunities for high-end liquor distribution. For the high-end Baijiu, the matching of growth, certainty and valuation should be considered. Secondary high-end liquor enterprises with good brand foundation, outstanding channel management ability, clear business strategy and strong internal vitality are expected to more smoothly realize the logic of high-end + nationalization, so as to continuously release the performance flexibility; Liquor enterprises with poor channel inventory sorting may face speed reduction, so they need to focus on tracking the real dynamic sales of products and channel inventory. Other Baijiu, from bottom to top, dig stocks, focusing on the size of regional leaders to enhance market share, high-end product volume brought about by the elasticity of performance, and incentive mechanism reform to stimulate the vitality of the company’s internal role. Recommend Kweichow Moutai Co.Ltd(600519) , Wuliangye Yibin Co.Ltd(000858) , Luzhou Laojiao Co.Ltd(000568) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) , and pay attention to Jiugui Liquor Co.Ltd(000799) , Jiangsu King’S Luck Brewery Joint-Stock Co.Ltd(603369) , Anhui Gujing Distillery Company Limited(000596) .
green power sector is active again Ning Xia Yin Xing Energy Co.Ltd(000862) share price realizes two connected boards
The green power sector was active again on the 24th. As of press time, Ning Xia Yin Xing Energy Co.Ltd(000862) soared the limit, Nyocor Co.Ltd(600821) , Guangdong Electric Power Development Co.Ltd(000539) , Leshan Electric Power Co.Ltd(600644) , Sichuan Mingxing Electric Power Co.Ltd(600101) , China National Nuclear Power Co.Ltd(601985) , Jiangsu New Energy Development Co.Ltd(603693) and other gains were ahead. On the news side, recently, the National Energy Administration released the national power industry statistics from January to October. By the end of October, China’s installed power generation capacity was about 2.3 billion kw, a year-on-year increase of 9.0%. Among them, the installed capacity of wind power is about 300 million KW, a year-on-year increase of 30.4%; Cecep Solar Energy Co.Ltd(000591) the installed power generation capacity was about 280 million KW, a year-on-year increase of 23.7%. From January to October, the investment in power supply projects of major power generation enterprises in China was 362.8 billion yuan, a year-on-year increase of 4.5%, of which hydropower was 77.2 billion yuan, a year-on-year increase of 8.4%; Cecep Solar Energy Co.Ltd(000591) power generation was 36.9 billion yuan, a year-on-year increase of 28.4%. The investment in power grid projects was 340.8 billion yuan, a year-on-year increase of 1.1%. From January to October, the cumulative average utilization of power generation equipment in China was 3180 hours, an increase of 106 hours over the same period last year. Among them, 6471 hours of nuclear power, an increase of 372 hours over the same period last year; Wind power 1827 hours, an increase of 100 hours over the same period last year. It can be seen that new energy represented by wind power and photovoltaic far exceeds traditional thermal power and hydropower in terms of power investment and installed capacity. Under the background of “3060” carbon neutral industry, Fengguang new energy will continue to maintain a high outlook during the 14th Five Year Plan period.
Up to now, the installed capacity of wind power in China has reached 300.15 million KW, breaking the 300 million KW mark, doubling over the end of 2016, 1.4 times the total installed capacity of wind power in the EU and 2.6 times that in the United States by the end of 2020. It has ranked first in the world for 12 consecutive years. At present, wind power accounts for about 13% of the total installed power supply in the country, and the power generation accounts for about 7.5% of the total electricity consumption in the whole society, an increase of 0.3 and 1.3 percentage points respectively compared with the end of 2020, and the contribution of wind power to the national power supply continues to increase. The agency believes that with the improvement of power generation efficiency and cost reduction brought by large MW wind power units, the development of wind power, especially offshore wind power, will be further accelerated, and the proportion of wind power installed capacity and power generation will be further increased.
Caixin Securities pointed out that as the main source of incremental power in the future, the installed capacity of new energy will maintain rapid growth in the future, and the growth of new energy operators is worth looking forward to. The power to stimulate the rise of stock prices in the short term lies in the bright performance of the three quarterly reports of new energy operators, indicating that the fundamentals of the company have been improved and the certainty has been enhanced in the period of affordable Internet access. Under the background of both growth and certainty, new energy power generation represented by wind power and photovoltaic will continue to maintain a high outlook, and will show a more positive trend with the expansion of new energy installed capacity, the spread of affordable Internet access, the national carbon emission trading market and other favorable factors.
the Ministry of agriculture and rural areas emphasizes the in-depth implementation of the action to revitalize the seed industry and speed up the replenishment of the short board (attached shares) of agricultural machinery and equipment
According to the news on December 23, the Party group of the Ministry of agriculture and rural areas held a (expanded) learning exchange meeting of the theoretical learning center group of the Party group of the ministry from December 21 to 22. The meeting stressed the need to vigorously develop soybean oil, select excellent varieties, tap the area potential, promote new models such as corn and soybean strip compound planting, explore the compatible development path of corn and soybean, and continue to develop the winter fallow field in South China to expand the planting of rape. Focus on improving the comprehensive agricultural production capacity, complete the task of building 100 million mu of high-standard farmland next year with quality and quantity, strengthen the quality improvement and use control of cultivated land, deeply implement the action to revitalize the seed industry, speed up the replenishment of the shortcomings of agricultural machinery and equipment, and explore the establishment of a reasonable income guarantee mechanism for grain farmers.
Citic Securities Company Limited(600030) stressed that the central economic work conference pointed out that the rice bowl of the Chinese people should be firmly in their own hands at any time when the action to revitalize the seed industry is deeply implemented. The seed industry has entered a strong policy support cycle, which has been reconfirmed, and the strength and sustainability of the policy have been gradually improved. Benefiting from the continuous release of policy dividends, the seed industry sector will meet the period of strategic opportunities, and high-quality seed enterprises will receive policy support and resource preference. Superimposed on the reversal of industry prosperity and the industrialization of biological breeding, the seed industry will meet the expansion of market scale and the optimization of competition pattern, and the leading seed enterprises are expected to enter the rapid growth channel. Continue to focus on the seed industry, and recommend Beijing Dabeinong Technology Group Co.Ltd(002385) with biological breeding R & D advantages and Shandong Denghai Seeds Co.Ltd(002041) as the leader of hybrid maize seed industry with high-quality germplasm resources and variety resources.
In terms of the agricultural machinery industry, China Securities Co.Ltd(601066) pointed out that firstly, from the perspective of the total amount of subsidies, the amount of subsidies for the purchase of agricultural machinery in China from January to October 2020 reached 19.726 billion yuan, more than 18 billion yuan in 2019, which is the first rebound since 2017, indicating that China has increased its support for the agricultural machinery industry. Secondly, according to China No. 1 central document issued in February 21, 2021, China will increase the subsidy for agricultural machinery purchase in 14th Five-Year, and the total amount of future subsidies will still rise. The key directions of subsidies are green high-end agricultural machinery and agricultural machinery in Hilly and mountainous areas. This kind of agricultural machinery has high technical barriers and large R & D investment. Only leading enterprises have the technical and financial strength to carry out R & D and production. In the future, the subsidy resources will be further concentrated to the head enterprises, which will benefit the development of the head enterprises. Focus on Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) and pay attention to First Tractor Company Limited(601038) .
three main investment lines (with shares) suggested by the release agency of the “14th five year plan” railway scientific and technological innovation plan
According to the news on the website of the State Railway Administration on December 23, the State Railway Administration recently issued the “14th five year plan” for railway scientific and technological innovation, which defines the guiding ideology, basic principles, development objectives and key tasks of China’s railway scientific and technological innovation during the 14th five year plan period. The plan is the first five-year development plan on scientific and technological innovation in China’s railway field. It is of great significance to promote the self-reliance of Railway Science and technology, promote the high-quality development of railway, and support the construction of a powerful country in science and technology and transportation.
The plan specifies that by 2025, the railway’s innovation ability and scientific and technological strength will be further improved, the technical equipment will be more advanced and applicable, the engineering construction technology will continue to be in the lead, the technical level of transportation services will be significantly enhanced, the intelligent railway technology will make a comprehensive breakthrough, the safety assurance technology will be significantly improved, the green and low-carbon technology will be widely used, the innovation system will be more perfect, and the overall technical level will be in the lead in the world, It also puts forward seven main objectives, and looks forward to the long-term objectives of 2035.
Zheshang Securities Co.Ltd(601878) pointed out that from the perspective of the national railway market, the main value of the industrial chain is distributed in the whole vehicle, signal and control system and post market. About 88 vehicles need to be purchased per 100 km; The cost of the signal system in the new line is 10 million yuan per kilometer, while the reconstruction of the existing line is 16 million yuan per kilometer; The actual classification system of maintenance market is 9 million yuan / train for three-level maintenance, 18 million yuan / train for four-level maintenance and 36 million yuan / train for five-level maintenance. From the perspective of urban rail market, the main value of industrial chain is also mainly distributed in vehicle, signal and control system and post market. About 6 vehicles need to be purchased per kilometer; The cost of the signal system in the new line is 10 million yuan per kilometer, while the reconstruction of the existing line is 16 million yuan per kilometer; Operation and maintenance costs 25 million yuan per train.
The agency suggests three main investment lines: 1) undervalued vehicle leaders and core parts; 2) The first batch of high-speed railways began to enter the maintenance stage, and the companies with earlier layout in the post market; 3) Companies with large long-term incremental space for urban rail and high proportion of Urban Rail business. It is recommended to pay attention to the underestimated vehicle equipment leaders Crrc Corporation Limited(601766) , China Railway Hi-Tech Industry Corporation Limited(600528) ; Core parts manufacturers China Railway Signal & Communication Corporation Limited(688009) and Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) ; Benefit from Beijing Tianyishangjia New Material Corp.Ltd(688033) and China High-Speed Railway Technology Co.Ltd(000008) in the post high-speed rail market; Urban Rail business accounts for relatively high Traffic Control Technology Co.Ltd(688015) and Shanghai Huaming Intelligent Terminal Equipment Co.Ltd(300462) .
Huawei folding screen mobile phone P50 pocket was officially released. It is expected that the market scale will grow explosively (with shares)
On the afternoon of December 23, Huawei held its winter flagship new product launch and officially released its first vertical folding mobile phone Huawei P50 pocket. It is reported that the Huawei P50 pocket adopts the up-down folding design, combined with the new generation of water drop hinge and multi-dimensional linkage lifting technology, which can realize seamless folding. It is equipped with a 6.9-inch large screen and Hongmeng operating system. It has three colors: Crystal Diamond White, obsidian black and gilt gold, and supports 40W Hua as super fast charging. P50 pocket can realize innovative interactive experience through the external screen, and can realize the operation of main functions such as notification, schedule, music, weather and payment without expansion.
Mobile phone manufacturers have entered the market, and a hundred flowers bloom in the folding screen mobile phone market. China International Capital Corporation Limited(601995) pointed out that in the past, limited by the technical level, folding screen mobile phones performed poorly in basic performance such as creases and weight, so consumers did not fully feel the experience upgrading brought by folding screen mobile phones. The upgrade of folding screen mobile phones is not only the large screen, but also the efficiency upgrade brought by different modes such as large screen, split screen and hover, which solves the problems that ordinary single screen mobile phones cannot solve, such as film viewing, reading experience and dual screen operation, and will become a key innovation to break the bottleneck of mobile phone iteration. Folding screen mobile phones bring consumers not only screen enlargement, but also efficiency upgrading and experience optimization. They are optimistic about the driving effect of breakthrough innovation brought by folding screen mobile phones on consumers’ purchase enthusiasm.
Southwest Securities Co.Ltd(600369) believes that the hinge structure of folding screen mobile phone has a great impact on the closure degree, crease effect and body thickness. In order to improve the user experience, the hinge has become an important direction for the upgrading of folding screen mobile phone manufacturers. With the large volume of folding screen mobile phones and the upgrading of U-shaped hinge structure to water drop hinge structure, the price of MIM process hinge structure and the consumption of single machine will increase significantly in the future. In addition, MIM manufacturers are expected to further participate in the hinge assembly of domestic android brand folding screen mobile phones, so as to further improve their stand-alone value and overall market space. It is estimated that by 2023, the hinge market scale of folding screen mobile phones is expected to reach more than 6 billion yuan, and the market scale of MIM structural parts is expected to reach 2 billion yuan. With the continuous improvement of the penetration rate of folding screen mobile phones, the hinge market space will be huge in the future. Pay attention to the investment opportunities of hinge supply chain, focusing on Jiangsu Gian Technology Co.Ltd(300709) , Nbtm New Materials Group Co.Ltd(600114) .
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Zheshang Securities Co.Ltd(601878) pointed out that from the perspective of the national railway market, the main value of the industrial chain is distributed in the whole vehicle, signal and control system and post market. About 88 vehicles need to be purchased per 100 km; The cost of the signal system in the new line is 10 million yuan per kilometer, while the reconstruction of the existing line is 16 million yuan per kilometer; The actual classification system of maintenance market is 9 million yuan / train for three-level maintenance, 18 million yuan / train for four-level maintenance and 36 million yuan / train for five-level maintenance. From the perspective of urban rail market, the main value of industrial chain is also mainly distributed in vehicle, signal and control system and post market. About 6 vehicles need to be purchased per kilometer; The cost of the signal system in the new line is 10 million yuan per kilometer, while the reconstruction of the existing line is 16 million yuan per kilometer; Operation and maintenance costs 25 million yuan per train.
The agency suggests three main investment lines: 1) undervalued vehicle leaders and core parts; 2) The first batch of high-speed railways began to enter the maintenance stage, and the companies with earlier layout in the post market; 3) Companies with large long-term incremental space for urban rail and high proportion of Urban Rail business. It is recommended to pay attention to the underestimated vehicle equipment leaders Crrc Corporation Limited(601766) , China Railway Hi-Tech Industry Corporation Limited(600528) ; Core parts manufacturers China Railway Signal & Communication Corporation Limited(688009) and Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) ; Benefit from Beijing Tianyishangjia New Material Corp.Ltd(688033) and China High-Speed Railway Technology Co.Ltd(000008) in the post high-speed rail market; Urban Rail business accounts for relatively high Traffic Control Technology Co.Ltd(688015) and Shanghai Huaming Intelligent Terminal Equipment Co.Ltd(300462) .
Huawei folding screen mobile phone P50 pocket was officially released. It is expected that the market scale will grow explosively (with shares)
On the afternoon of December 23, Huawei held its winter flagship new product launch and officially released its first vertical folding mobile phone Huawei P50 pocket. It is reported that the Huawei P50 pocket adopts the up-down folding design, combined with the new generation of water drop hinge and multi-dimensional linkage lifting technology, which can realize seamless folding. It is equipped with a 6.9-inch large screen and Hongmeng operating system. It has three colors: Crystal Diamond White, obsidian black and gilt gold, and supports 40W Hua as super fast charging. P50 pocket can realize innovative interactive experience through the external screen, and can realize the operation of main functions such as notification, schedule, music, weather and payment without expansion.
Mobile phone manufacturers have entered the market, and a hundred flowers bloom in the folding screen mobile phone market. China International Capital Corporation Limited(601995) pointed out that in the past, limited by the technical level, folding screen mobile phones performed poorly in basic performance such as creases and weight, so consumers did not fully feel the experience upgrading brought by folding screen mobile phones. The upgrade of folding screen mobile phones is not only the large screen, but also the efficiency upgrade brought by different modes such as large screen, split screen and hover, which solves the problems that ordinary single screen mobile phones cannot solve, such as film viewing, reading experience and dual screen operation, and will become a key innovation to break the bottleneck of mobile phone iteration. Folding screen mobile phones bring consumers not only screen enlargement, but also efficiency upgrading and experience optimization. They are optimistic about the driving effect of breakthrough innovation brought by folding screen mobile phones on consumers’ purchase enthusiasm.
Southwest Securities Co.Ltd(600369) believes that the hinge structure of folding screen mobile phone has a great impact on the closure degree, crease effect and body thickness. In order to improve the user experience, the hinge has become an important direction for the upgrading of folding screen mobile phone manufacturers. With the large volume of folding screen mobile phones and the upgrading of U-shaped hinge structure to water drop hinge structure, the price of MIM process hinge structure and the consumption of single machine will increase significantly in the future. In addition, MIM manufacturers are expected to further participate in the hinge assembly of domestic android brand folding screen mobile phones, so as to further improve their stand-alone value and overall market space. It is estimated that by 2023, the hinge market scale of folding screen mobile phones is expected to reach more than 6 billion yuan, and the market scale of MIM structural parts is expected to reach 2 billion yuan. With the continuous improvement of the penetration rate of folding screen mobile phones, the hinge market space will be huge in the future. Pay attention to the investment opportunities of hinge supply chain, focusing on Jiangsu Gian Technology Co.Ltd(300709) , Nbtm New Materials Group Co.Ltd(600114) .
