Market review: last week was the last week of 2021. The mechanical equipment index rose 2.02%, the CSI 300 index rose 0.39%, and the gem index rose 0.78%. Mechanical equipment ranked 14th in all 28 industries. After excluding negative values, the valuation level of the machinery industry is 26.8 (overall method).
Zhou's attention: the "14th five year plan" Siasun Robot&Automation Co.Ltd(300024) industrial development plan was issued, with the goal of doubling the density in 2025
China's Siasun Robot&Automation Co.Ltd(300024) industry has made great progress during the 13th Five Year Plan period, with a market scale of 100 billion and a localization rate of 30%. During the 13th Five Year Plan period, China's Siasun Robot&Automation Co.Ltd(300024) industry showed a good momentum of development, with breakthroughs in scale, technology and products. In terms of scale, from 2016 to 2020, China's Siasun Robot&Automation Co.Ltd(300024) industrial scale grew rapidly, with an average annual compound growth rate of about 15%, and its revenue exceeded 100 billion in 2020. China has become the world's largest industrial Siasun Robot&Automation Co.Ltd(300024) consumer for eight consecutive years. In 2020, the manufacturing Siasun Robot&Automation Co.Ltd(300024) density reached 246 sets / 10000 people, nearly twice the global average; In terms of technology and products, breakthroughs in key technologies and components such as precision reducer and intelligent controller have been accelerated, and innovative achievements have been emerging. The performance of the whole machine has been greatly improved, the functions have become richer, the product quality has been optimized day by day, and the application level has been greatly improved. The industrial Siasun Robot&Automation Co.Ltd(300024) application field has covered 52 industry categories such as automobile and electronics, 143 industry categories, service Siasun Robot&Automation Co.Ltd(300024) Special Siasun Robot&Automation Co.Ltd(300024) has realized large-scale application in the fields of warehousing, logistics, education and entertainment.
During the 14th Five Year Plan period, the Siasun Robot&Automation Co.Ltd(300024) development target is to double the finger density, and the average annual growth rate of industrial revenue is more than 20%. In 2020, the manufacturing Siasun Robot&Automation Co.Ltd(300024) density will reach 246 sets / 10000 people, nearly twice the global average of 126 sets / 10000 people, but there is still room for improvement compared with 932 sets / 10000 people in South Korea, 390 sets / 10000 people in Japan and 371 sets / 10000 people in Germany. With the expansion of Siasun Robot&Automation Co.Ltd(300024) application fields and the improvement of penetration rate, the Siasun Robot&Automation Co.Ltd(300024) density of China's manufacturing industry is expected to continue to increase and double by 2025. Corresponding to the 14th Five Year Plan period, the average annual compound growth rate of Siasun Robot&Automation Co.Ltd(300024) industry exceeded 20%.
The localization rate of body and parts continues to improve, and local leaders are expected in the future. The plan specifies that by 2025, a number of Siasun Robot&Automation Co.Ltd(300024) core technologies and high-end products will make breakthroughs, the comprehensive indicators of the whole machine will reach the international advanced level, and the performance and reliability of key parts will reach the international level of similar products. At present, the localization rate of Siasun Robot&Automation Co.Ltd(300024) complete machine in China is about 30%, and the market share of Nanjing Estun Automation Co.Ltd(002747) which ranks first in domestic market share is about 3% in 2020. The localization rate of core parts such as control, servo and reducer is lower. With the technological progress of enterprises, there are already a number of local enterprises whose core performance indicators are comparable to international leading products. We believe that China's Siasun Robot&Automation Co.Ltd(300024) industrial technology development will gradually narrow the gap with foreign leading enterprises, and the market share will gradually increase with the help of local advantages, service advantages and manufacturing advantages. In the future, it is expected to appear local leading enterprises in ontology and core parts.
Investment suggestion: in the short term, it is suggested to focus on rail transit industrial chain companies with low valuation and benefiting from the stabilization of infrastructure investment. In the long run, we are still optimistic about the investment direction in line with the general trend of the times, and continue to be optimistic about investment opportunities in new energy, hard technology and specialized new directions, including lithium battery equipment, photovoltaic equipment, energy conservation and emission reduction equipment, Siasun Robot&Automation Co.Ltd(300024) automation, etc. In terms of beneficial targets, lithium equipment field Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Shenzhen United Winners Laser Co.Ltd(688518) , etc; Photovoltaic equipment field Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Suzhou Maxwell Technologies Co.Ltd(300751) , Shenzhen S.C New Energy Technology Corporation(300724) , Wuhan Dr Laser Technology Corp.Ltd(300776) , Wuxi Autowell Technology Co.Ltd(688516) , Beijing Tianyishangjia New Material Corp.Ltd(688033) , etc; Siasun Robot&Automation Co.Ltd(300024) automation Estun Automation Co.Ltd(002747) , Bozhon Precision Industry Technology Co.Ltd(688097) , Shenzhen Colibri Technologies Co.Ltd(002957) etc; Specialized in new fields Shareate Tools Ltd(688257) etc.
Risk tip: covid-19 pneumonia epidemic situation is repeated; The degree of policy promotion is less than expected; Manufacturing investment fell.
