[Zhou's investment view]:
(1) This week, the 2022 annual investment conference of new energy vehicle industry was held in Jintan District, Changzhou, Jiangsu Province. "New energy & intelligent vehicle" has become the general trend of industrial development, and there are great prospects for auto parts, intelligent manufacturing and machine vision. [auto parts] key recommendations: Fibocom Wireless Inc(300638) , Meig Smart Technology Co.Ltd(002881) , Quectel Wireless Solutions Co.Ltd(603236) ; Focus on: Shenzhen H&T Intelligent Control Co.Ltd(002402) , Keboda Technology Co.Ltd(603786) , Electric Connector Technology Co.Ltd(300679) , Suzhou Recodeal Interconnect System Co.Ltd(688800) , Shenzhen Deren Electronic Co.Ltd(002055) , Zhejiang Yonggui Electric Equipment Co.Ltd(300351) , Wenzhou Yihua Connector Co.Ltd(002897) , Shenglan Technology Co.Ltd(300843) , Dongguan Dingtong Precision Metal Co.Ltd(688668) , Cwb Automotive Electronics Co.Ltd(605005) , Shanghai Laimu Electronics Co.Ltd(603633) etc; [intelligent manufacturing] key recommendations: Shanghai Baosight Software Co.Ltd(600845) , Zhejiang Supcon Technology Co.Ltd(688777) , Guangzhou Sie Consulting Co.Ltd(300687) , Nancal Technology Co.Ltd(603859) , Zte Corporation(000063) ; [machine vision] focus on: Sunny optics, Lianchuang Electronic Technology Co.Ltd(002036) , Dongguan Yutong Optical Technology Co.Ltd(300790) , Zhejiang Crystal-Optech Co.Ltd(002273) , Ningbo Yong Xin Optics Co.Ltd(603297) , etc.
(2) The state has continuously issued policies to strongly promote the development of offshore wind power. The long-term development space and certainty of offshore wind are large. As an important link of offshore wind industry chain, submarine cable has high competition barriers and stable competition pattern. The leader is expected to benefit from the core. Key recommendations: Jiangsu Zhongtian Technology Co.Ltd(600522) ; Focus: Hengtong Optic-Electric Co.Ltd(600487) etc.
[industry dynamics & investment perspective]:
[summary of the 2022 annual meeting of new energy automobile industry investment] "new energy & Intelligent Automobile" has become the general trend of industrial development, and there are great prospects for automobile parts, intelligent manufacturing and machine vision:
1) Auto parts: local large-scale industrial parks accelerate the construction of auto industry chain, and the localization of international manufacturers helps the development of auto parts. From December 30 to 31, 2021, the 2022 annual meeting of new energy vehicle industry investment was held in Jintan District, Changzhou, Jiangsu Province. Jintan is located in the south of Jiangsu Province. It is the center of Nanjing, Shanghai and Hangzhou. Relying on regional advantages, it has established a Sino German Industrial Park in the Yangtze River Delta, gathering 33 German funded enterprises such as Emak and pirci, with a total investment of more than 600 million euros. It is expected that there will be more than 100 enterprises by the end of the 14th five year plan, It includes a large number of excellent auto parts manufacturers. Through the introduction of foreign enterprises and local support, it will promote the development of new energy & intelligent automobile industry chain, and the development of auto parts industry is expected to benefit fully. Key recommendations: Fibocom Wireless Inc(300638) , Meig Smart Technology Co.Ltd(002881) , Quectel Wireless Solutions Co.Ltd(603236) ; Key pass
2) Intelligent Manufacturing: intelligent manufacturing helps intelligent automobile enterprises improve quality and efficiency, and there is great room for development in the future. There are many process links in the automotive field, and the upstream and downstream data are scattered. Intelligent manufacturing can get through the key data in multiple processes, help to give better play to the data value and promote the innovation and reform of R & D design, production manufacturing and marketing services. In the new energy vehicle factory, the application of intelligent management system, machine vision and intelligent manufacturing in the process section can effectively play the role of improving quality and efficiency. In the future, intelligent manufacturing has broad development space in the field of new energy vehicles. Key recommendations: Shanghai Baosight Software Co.Ltd(600845) , Zhejiang Supcon Technology Co.Ltd(688777) , Guangzhou Sie Consulting Co.Ltd(300687) , Nancal Technology Co.Ltd(603859) , Zte Corporation(000063) , etc.
3) Machine vision: machine vision fully benefits from the general direction of intelligent manufacturing, and optical lens plays an important role in machine vision. With the maturity of artificial intelligence / big data and other technologies, the application feasibility of artificial intelligence in various fields of industry is becoming higher and higher. As an indispensable part of intelligent manufacturing, machine vision has broad development space in the future. In the field of machine vision, the quality of lenses and lenses plays a very key role in obtaining the accuracy of image information. With the gradual expansion of the market scale of machine vision and the development of artificial intelligence, optical lens related enterprises are expected to benefit fully. Key pass
[sector trend]: this week (12.27-12.31), in the Shenwan industry, the communication (Shenwan) index increased by 2.94%, ranking second in the TMT sector, with a dynamic P / E ratio of 38.33 and second in the TMT sector. In terms of net inflow of land stock connect, the top five inflow include Jiangsu Shagang Co.Ltd(002075) (999 million shares), China United Network Communications Limited(600050) (9.96 million shares), Guangzhou Haige Communications Group Incorporated Company(002465) (8.86 million shares), Pci Technology Group Co.Ltd(600728) (5.6 million shares), Jiangsu Leike Defense Technology Co.Ltd(002413) (5.5 million shares); In terms of net outflow of LST, the top five outflows include Beijing Jetsen Technology Co.Ltd(300182) (- 43050000 shares), Business-Intelligence Of Oriental Nations Corporation Ltd(300166) (- 4580000 shares), Zte Corporation(000063) (- 3250000 shares), Nsfocus Technologies Group Co.Ltd(300369) (- 2580000 shares) and Ningbo Joyson Electronic Corp(600699) (- 2260000 shares).
[key points of this week] Shanghai Baosight Software Co.Ltd(600845) , Jiangsu Zhongtian Technology Co.Ltd(600522) , Fibocom Wireless Inc(300638) , Shenzhen H&T Intelligent Control Co.Ltd(002402) , Beijing Inhand Networks Technology Co.Ltd(688080) , Willfar Information Technology Co.Ltd(688100) , Guangzhou Sie Consulting Co.Ltd(300687) , Nancal Technology Co.Ltd(603859) etc.
[key companies] industrial Internet / intelligent manufacturing ( Shanghai Baosight Software Co.Ltd(600845) , Foxconn Industrial Internet Co.Ltd(601138) , Zhejiang Supcon Technology Co.Ltd(688777) , Anhui Ronds Science & Technology Incorporated Company(688768) , Dongguan Yiheda Automation Co.Ltd(301029) , Shenzhen Invt Electric Co.Ltd(002334) , Shanghai Weihong Electronic Technology Co.Ltd(300508) , Guangzhou Sie Consulting Co.Ltd(300687) , Nengke shares, Zte Corporation(000063) , Unisplendour Corporation Limited(000938) ); New energy & Intelligent networked vehicle (optical lens: Sunny optics, Lianchuang Electronic Technology Co.Ltd(002036) , Dongguan Yutong Optical Technology Co.Ltd(300790) , Ningbo Yong Xin Optics Co.Ltd(603297) , Zhejiang Crystal-Optech Co.Ltd(002273) ; Controller & Algorithm: Shenzhen H&T Intelligent Control Co.Ltd(002402) , Keboda Technology Co.Ltd(603786) , Shenzhen Topband Co.Ltd(002139) , Arcsoft Corporation Limited(688088) , Foryou Corporation(002906) ; lidar: torch technology; Advanced Fiber Resources (Zhuhai) Ltd(300620) , Optowide Technologies Co.Ltd(688195) , Suzhou Tfc Optical Communication Co.Ltd(300394) ; vehicle model group / module: Fibocom Wireless Inc(300638) , Quectel Wireless Solutions Co.Ltd(603236) , Meig Smart Technology Co.Ltd(002881) , Hangzhou Hopechart Iot Technology Co.Ltd(688288) , Queclink Wireless Solutions Co.Ltd(300590) ; connector: Electric Connector Technology Co.Ltd(300679) Suzhou Recodeal Interconnect System Co.Ltd(688800) , Shenzhen Deren Electronic Co.Ltd(002055) , Shenglan Technology Co.Ltd(300843) , Wenzhou Yihua Connector Co.Ltd(002897) , Zhejiang Yonggui Electric Equipment Co.Ltd(300351) , Dongguan Dingtong Precision Metal Co.Ltd(688668) , Cwb Automotive Electronics Co.Ltd(605005) , Shanghai Laimu Electronics Co.Ltd(603633) etc; Navigation system: Shanghai Huace Navigation Technology Ltd(300627) etc.); "New energy +" (offshore wind power: Jiangsu Zhongtian Technology Co.Ltd(600522) , Hengtong Optic-Electric Co.Ltd(600487) ; liquid cooling temperature control: Shenzhen Envicool Technology Co.Ltd(002837) , Guangdong Shenling Environmental Systems Co.Ltd(301018) , Guangzhou Goaland Energy Conservation Tech Co.Ltd(300499) etc.; energy storage: Kehua Data Co.Ltd(002335) etc.); Internet of things / power Internet of things ( Willfar Information Technology Co.Ltd(688100) , Beijing Inhand Networks Technology Co.Ltd(688080) etc.); Cloud computing (IDC: Shanghai Baosight Software Co.Ltd(600845) , Beijing Sinnet Technology Co.Ltd(300383) , Guangdong Aofei Data Technology Co.Ltd(300738) , Qinhuai data, Wanguo data, Kehua Data Co.Ltd(002335) , Shenzhen Envicool Technology Co.Ltd(002837) etc.; equipment manufacturers: Zte Corporation(000063) , Unisplendour Corporation Limited(000938) , Fujian Star-Net Communication Co.Ltd(002396) etc.; optical devices: Eoptolink Technology Inc.Ltd(300502) , Zhongji Innolight Co.Ltd(300308) , Accelink Technologies Co.Ltd(002281) , Suzhou Tfc Optical Communication Co.Ltd(300394) etc.; SaaS: Beijing Kingsoft Office Software Inc(688111) , BiliBili, Guangzhou Shiyuan Electronic Technology Company Limited(002841) , Yealink Network Technology Co.Ltd(300628) , sound network, Bizconf Telecom Co.Ltd(300578) , Montnets Cloud Technology Group Co.Ltd(002123) etc.); Military communication / Satellite Internet ( Guangzhou Haige Communications Group Incorporated Company(002465) , Tianjin 712 Communication & Broadcasting Co.Ltd(603712) , Jushri Technologies Inc(300762) , China Satellite Communications Co.Ltd(601698) ); Operators (China Mobile, China Telecom Corporation Limited(601728) , China United Network Communications Limited(600050) , etc.).
Risk tips: 5g construction is not as expected, cloud computing development is not as expected, Sino US trade friction and covid-19 epidemic spread.
