Market review of this week (December 27 – December 31)
The new materials index rose 3.05%, stronger than the gem index. OLED materials rose 0.76%, semiconductor materials rose 3.13%, membrane materials rose 2.25%, additives rose 0%, carbon fiber rose 0%, and tail gas treatment rose 3.45%. The top five increases were Haohua Chemical Science & Technology Corp.Ltd(600378) , Hangzhou First Applied Material Co.Ltd(603806) , Shanghai Hiuv New Materials Co.Ltd(688680) , Sunresin New Materials Co.Ltd Xi’An(300487) , Nanjing Cosmos Chemical Co.Ltd(300856) ; The top five declines were Shantou Wanshun New Material Group Co.Ltd(300057) , Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) , Lianhe Chemical Technology Co.Ltd(002250) , Jiangsu Boqian New Materials Stock Co.Ltd(605376) , Jiangsu Pacific Quartz Co.Ltd(603688) .
Observation of open source chemical new material week: folding screen mobile phones are ready to go, and material innovation deserves attention. The shipment of folding screen mobile phones is growing rapidly. According to counter point research, the shipment of folding screen mobile phones will be about 9 million in 2021, with a year-on-year increase of more than 300%. It is expected that the shipment in 2023 will increase 10 times compared with that in 2020. With the progress of material technology and the improvement of yield, the cost of foldable screen will gradually decline. More and more Chinese manufacturers such as Xiaomi and oppo have launched mix fold and find n of less than 10000 yuan. The market share of foldable screen mobile phones is expected to gradually increase. Folding screen mobile phones need the screen to withstand more than 200000 folds in the product life cycle. Therefore, transparent polyimide CPI or ultra-thin glass UTG is selected to replace the traditional rigid glass cover plate. China Ningbo Solartron Technology Co.Ltd(688299) , Rayitek Hi-Tech Film Company Ltd.Shenzhen(688323) has successfully developed CPI film and is in the verification stage at all levels. At present, UTG products of Triumph Science & Technology Co.Ltd(600552) are also being shipped in small quantities. The vertical folding model p50pocket released by Huawei on December 23 adopts the latest folding adhesive technology and antireflection technology to achieve clearer display effect. Foldable products have high technical content and high material unit price. A single model is expected to bring greater sales contribution to suppliers. Beneficiary objects: Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) , Ningbo Solartron Technology Co.Ltd(688299) , Rayitek Hi-Tech Film Company Ltd.Shenzhen(688323) , Triumph Science & Technology Co.Ltd(600552) , etc.
Important company announcements and industry information
[ Haohua Chemical Science & Technology Corp.Ltd(600378) ] Liming Institute, a wholly-owned subsidiary of the company, plans to build a 46600 T / a special new material project with a total investment of 488 million yuan. A 600 t / a palladium catalyst unit, a 500 t / a diisobutyl methanol and 500 t / a tetrabutyl urea unit, a 20000 t / a hydrogen peroxide (27.5%) unit and a new 25000 T / a special polyurethane new material production unit will be built for 36 months. At the same time, liming Institute plans to invest in XX raw material industrialization capacity-building project, which is XX raw material devices and supporting utilities and auxiliary projects with a total capacity of 6509 tons / year, with a total investment of 494 million yuan and a construction period of 30 months.
[ Puyang Huicheng Electronic Material Co.Ltd(300481) ] the company’s wholly-owned subsidiary Puyang Huicheng Electronic Material Co.Ltd(300481) New Material Industry Technology Research Institute Co., Ltd. is recognized as a national high-tech enterprise and pays enterprise income tax at the tax rate of 15%.
[ Red Avenue New Materials Group Co.Ltd(603650) ] Yutong investment, the shareholder of the company, reduced a total of 5714700 shares of the company through centralized bidding and block trading from November 4, 2021 to December 27, 2021, and the shareholding ratio has changed by 1%.
Beneficiary object
We are optimistic about the broad market of functional membrane materials under the background of industrial transfer, the breakthrough of domestic substitution of high-end electronic materials from 0 to 1, and the new opportunities of new materials in the wave of new energy. Beneficiary objects: Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) , Haohua Chemical Science & Technology Corp.Ltd(600378) , Red Avenue New Materials Group Co.Ltd(603650) , Wuxi Acryl Technology Co.Ltd(603722) , Rianlon Corporation(300596) , Sichuan Em Technology Co.Ltd(601208) , Ningbo Solartron Technology Co.Ltd(688299) , Zhejiang Jiemei Electronic And Technology Co.Ltd(002859) , Xi’An Manareco New Materials Co.Ltd(688550) , Puyang Huicheng Electronic Material Co.Ltd(300481) , etc.
Risk tip: the technological breakthrough is less than expected and the industry is competitive
