Market Review
In the current period (from December 20 to December 24), CSI 300 fell by 0.7%, and the machinery sector fell by 3.1%, ranking 24 among the 28 Shenwan industries. In terms of subdivided industries, railway transportation equipment increased the most, by 1.6%; lithium battery equipment decreased the most, by 9.6%.
This week's view
High quality talents and rich resources are gathered, and the localization of semiconductor equipment is accelerated.
Since the second half of last year, due to the global lack of core, the semiconductor market has continued to be hot, and manufacturers have begun to expand production, driving strong demand for equipment. According to semi, the total sales of global semiconductor equipment will reach US $103 billion in 2021, an increase of 44.7% over 2020. It is expected that the scale of global semiconductor equipment market will expand to US $114 billion in 2022. Among them, Chinese mainland sales in the first three quarters of 2021 reached US $21 billion 450 million, up 56.5% over the same period last year, significantly higher than the global growth rate, accounting for about 30% of the world's market share, and the largest semiconductor market in the world, with strong growth momentum. However, there is still a big gap between China's semiconductor equipment and international manufacturers, and some key technologies still rely on imports. Recently, according to the Shanghai Wanye Enterprises Co.Ltd(600641) announcement and relevant news, Dr. Zhang Rujing, the father of China semiconductor, will enter the domestic equipment project and fully realize the localization of semiconductor equipment through the multi-directional layout of domestic semiconductor equipment of Jiaxin semiconductor, which is held by Shanghai Wanye Enterprises Co.Ltd(600641) and Ningbo Xinen, covering equipment links such as etching, film deposition, rapid heat treatment, annealing and cleaning equipment. In addition, the state strongly supports the development of the semiconductor industry chain and has issued a series of encouragement and support policies. Local semiconductor equipment manufacturers usher in a golden period of rapid growth. We are optimistic about the accelerated development of domestic semiconductor equipment!
Investment suggestions:
We are optimistic about the accelerated development of domestic semiconductor equipment, focusing on Naura Technology Group Co.Ltd(002371) , Suzhou Hyc Technology Co.Ltd(688001) , Wuhan Jingce Electronic Group Co.Ltd(300567) , Gl Tech Co.Ltd(300480) , Shanghai Wanye Enterprises Co.Ltd(600641) and so on!
Risk statement
Macroeconomic fluctuations, external demand fluctuations.
