Follow up comments
On March 9, 2022, the Shanghai Composite Index closed at 325639 points, down 1.13%; Shenzhen composite index closed at 1210717 points, down 1.12%. The Chongqing composite index, which we focus on, closed at 345470 points, down 0.73%; Sichuan composite index closed at 828237 points, down 0.77%. The top three stocks of Listed Companies in Sichuan and Chongqing are: Yimikang Tech.Group.Co.Ltd(300249) ( Yimikang Tech.Group.Co.Ltd(300249) , 19.98%), Pku Healthcare Corp.Ltd(000788) ( Pku Healthcare Corp.Ltd(000788) , 10.07%), Taihai Manoir Nuclear Equipment Co.Ltd(002366) ( Taihai Manoir Nuclear Equipment Co.Ltd(002366) , 10.06%). The 42 companies we focus on fell by an average of 1.84%, among which the top three stocks were: Luzhou Laojiao Co.Ltd(000568) ( Luzhou Laojiao Co.Ltd(000568) , 2.31%), Sichuan Yahua Industrial Group Co.Ltd(002497) ( Sichuan Yahua Industrial Group Co.Ltd(002497) , 2.06%), Sichuan Tianyi Comheart Telecom Co.Ltd(300504) ( Sichuan Tianyi Comheart Telecom Co.Ltd(300504) , 2.01%). By industry, the top three sectors in Sichuan and Chongqing are: Communication (2.44%), power equipment (1.40%) and public utilities (0.80%).
Chongqing Municipal Commission of culture and Tourism Development issued the 14th five year plan for tourism development in Chongqing (20212025), proposing that by the end of the 14th five year plan, Chongqing should speed up the construction of a world-famous tourism destination, greatly improve the quality of tourism economy, greatly enhance the influence of tourism brands, improve the tourism industry system and improve the tourism public service system, The foundation for epidemic prevention and control has been strengthened, culture and tourism have been deeply integrated, and the added value of tourism accounts for 5% of GDP. With the improvement of covid-19 precise prevention and control procedures, the impact of the epidemic on China’s tourism industry has gradually decreased. Sichuan and Chongqing are rich in tourism resources. Grasp the key nodes of the comprehensive recovery of tourism, and build a culture and tourism brand with global influence. During the 14th Five Year Plan period, enterprises related to tourism industry in Sichuan and Chongqing will usher in rapid development, It is suggested to pay attention to large tourism related enterprises in Sichuan and Chongqing.
Industry dynamics
The Sichuan provincial government recently officially issued the “14th five year plan” for energy development in Sichuan Province, proposing that by 2025, the comprehensive energy production capacity will be about 257 million tons of standard coal and the total installed capacity of power in the province will be about 150 million KW. Among them, the installed capacity of hydropower is about 105 million KW, the installed capacity of thermal power is about 23 million kW (including coal power, gas power and biomass power generation), and the installed capacity of wind power and photovoltaic power generation reaches 10 million KW and 12 million KW respectively. (China News Network)
Company dynamics
Tongwei Co.Ltd(600438) ( Tongwei Co.Ltd(600438) ): the announcement of main business data from January to February 2022 was issued. From January to February 2022, the company achieved an operating revenue of about 16 billion yuan, an increase of about 130% year-on-year; The net profit attributable to shareholders of listed companies was about 3.3 billion yuan, an increase of about 650% year-on-year. （wind）
New Hope Liuhe Co.Ltd(000876) ( New Hope Liuhe Co.Ltd(000876) ): release the “February 2022 pig sales briefing”. The company sold 977300 pigs in February 2022, with a month on month change of – 24.39% and a year-on-year change of 40.05%; The revenue was 1.103 billion yuan, with a month on month change of – 32.66% and a year-on-year change of – 45.88%; The average selling price of commercial pigs was 11.39 yuan / kg, with a month on month change of – 12.79% and a year-on-year change of – 61.23%. （wind）
Risk warning: the economic recovery is lower than expected and the risk of covid-19 outbreak.
