The lithium devices, semiconductor devices, panel devices, panel devices, photovoltaic devices, panel devices, panel devices, photovoltaic devices, and tools, among which: leading intelligence ( Wuxi Lead Intelligent Equipment Co.Ltd(300450) ), maito shares ( Suzhou Maxwell Technologies Co.Ltd(300751) ), altwell ( Wuxi Autowell Technology Co.Ltd(688516) ), Wuxi Autowell Technology Co.Ltd(688516) ( Wuxi Autowell Technology Co.Ltd(688516) ), Shenzhen S.C New Energy Technology Corporation(300724) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\tobeat \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ ( Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) ), Shareate Tools Ltd(688257) ( Shareate Tools Ltd(688257) ), Shuangliang Eco-Energy Systems Co.Ltd(600481) ( Shuangliang Eco-Energy Systems Co.Ltd(600481) ), etc.
Key industry trends: the government work report promotes the accelerated transformation and upgrading of the manufacturing industry, and Panasonic 4680 battery is relatively mature. 1) On the morning of March 5, Premier Li Keqiang delivered a government work report. The report has repeatedly mentioned keywords such as industrial upgrading, high-end manufacturing, energy conservation and carbon reduction. We believe that the transformation and upgrading of China’s manufacturing industry has achieved fruitful results in recent years. At present, it is ushering in the spring of manufacturing industry. We continue to focus on recommending lithium battery equipment, photovoltaic equipment, semiconductor equipment and tool industries with accelerated import substitution. 2) On March 4, NHK reported that Panasonic battery is seeking to build a new large battery factory in the United States to produce 4680 large cylindrical batteries for Tesla. Panasonic battery, as the core supplier of Tesla, has also been active in the research and development of 4680 battery technology. Previously, Panasonic battery revealed that its 4680 battery technology and yield of production line have reached the expected goal, and is actively promoting the construction of relevant production lines.
Key recommendation: Suzhou Uigreen Micro&Nano Technologies Co.Ltd(688661) – firmly optimistic about the development of probe business, and the layout of the bottom position is strongly recommended. 1) The company plans to raise funds through fixed increase to expand wafer test probe and substrate level probe projects. According to the prediction of VLSI research, the global probe market will reach US $2.741 billion in 2025, and the probe market in China will reach RMB 3.283 billion. MEMS wafer test probes have accounted for about 60% of the probe market. The vast majority of the global wafer probe card market is occupied by foreign enterprises, with large import substitution space. 2) MEMS business continues to grow, with fine metal processing capacity and strong expansibility. The company has established a competitive advantage in the field of acoustic MEMS. In 2021h1, the revenue of MEMS fine parts of the company increased by about 34.9% year-on-year, and is expected to continue to grow in the future; In the long run, the company’s fine metal processing capacity can be expanded. According to the company’s announcement, it is expected to expand to the medical field, industrial connectors, new energy vehicles and other fields in the future, with long-term growth space. 3) The company’s Q4 single quarter performance growth has declined, but with the rapid volume and penetration of semiconductor test probes in the client, the company will still maintain a rapid development momentum.
Investment suggestions: 1) lithium battery detection has become a new growth point of machine vision, focusing on the whole industry layout enterprise Opt Machine Vision Tech Co.Ltd(688686) . 2) The downstream space of lithium battery equipment is large, and the equipment company has strong certainty. It is recommended to Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Zhejiang Hangke Technology Incorporated Company(688006) , China National Electric Apparatus Research Institute Co.Ltd(688128) , Shenzhen United Winners Laser Co.Ltd(688518) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) . 3) Focus on high-quality panel equipment enterprises Suzhou Hyc Technology Co.Ltd(688001) , Shenzhen Xinyichang Technology Co.Ltd(688383) . 4) Recommended laser cutting control system faucet Shanghai Friendess Electronic Technology Corporation Limited(688188) . 5) Pay attention to photovoltaic equipment companies and recommend Wuxi Autowell Technology Co.Ltd(688516) , Suzhou Maxwell Technologies Co.Ltd(300751) , Wuhan Dr Laser Technology Corp.Ltd(300776) . 6) Focus on high-quality tool enterprises China Tungsten And Hightech Materials Co.Ltd(000657) , Oke Precision Cutting Tools Co.Ltd(688308) , Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) , Shareate Tools Ltd(688257) ; 7) Other concerns: Hunan Baili Engineering Sci & Tech Co.Ltd(603959) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Leader Harmonious Drive Systems Co.Ltd(688017) , Zhejiang Supcon Technology Co.Ltd(688777) , Shuangliang Eco-Energy Systems Co.Ltd(600481) , etc. (Note: Shanghai Friendess Electronic Technology Corporation Limited(688188) , Zhejiang Supcon Technology Co.Ltd(688777) , Wuxi Autowell Technology Co.Ltd(688516) are jointly covered by Huaxi machinery, small and medium-sized disk, computer and power new teams respectively).
Risk tip: the fluctuation of economic growth increases; The order acquisition of relevant enterprises is less than expected.
