Shenzhen’s electronic information industry accounts for about one fifth of the country’s scale and also plays an important role in the global electronic industry chain. On the impact of this round of strengthening epidemic prevention and control on production and operation, the reporter of securities times · e company interviewed the representative listed companies in the electronics industry. He learned that some enterprises shut down all factories, and some enterprises in the park implemented the closed management of the plant area according to the requirements. All personnel are not allowed to go out, and the number of production personnel on duty is reduced according to the situation; In addition, R & D and administrative personnel have basically worked at home, and all links are ensuring normal supply.
upstream delivery efficiency affected
As the largest comprehensive electronic component trading service platform in China, Shenzhen Huaqiang Industry Co.Ltd(000062) told reporters: “the company has made emergency plans according to the continuously strengthened air traffic control measures since the beginning of the year.” According to reports, since the escalation of the epidemic in Hong Kong, the logistics from overseas to Shenzhen bonded warehouse has been affected, and the company has started to deliver bonded warehouses nationwide to ensure supply to customers; The current delivery efficiency will be affected to some extent by the control measures, but the difficulties can be dealt with.
“If the epidemic prevention control is upgraded and strengthened, I am worried that the efficiency of the whole electronic industry chain will decline.” Shenzhen Huaqiang Industry Co.Ltd(000062) told reporters.
Shenzhen Yitoa Intelligent Control Co.Ltd(300131) also told reporters that the suspension in Shenzhen and Shanghai had a certain impact on the timely delivery of goods, others were normal, and the delay period depends on the resumption of work.
At present, most electronic companies are headquartered in Shenzhen, while factories are distributed in surrounding cities or other provinces. For the current round of epidemic prevention and control upgrading, the relevant person in charge said that the impact is still controllable.
Shenzhen Rongda Photosensitive & Technology Co.Ltd(300576) is a leading company in the field of PCB (printed circuit board) photosensitive ink in China, covering almost all major PCB listed manufacturers. The company told reporters that “there are difficulties, but they can be overcome.” It is reported that Shenzhen headquarters is mainly responsible for R & D, management, sales and logistics. The factory is located in Huizhou and other surrounding areas, so it can ensure timely supply to customers.
“Now the middle and senior leaders of the company carry laptops with them, and some employees carry desktop computers back on weekends.” Shenzhen Rongda Photosensitive & Technology Co.Ltd(300576) said that a slight delay in R & D for a week could be tolerated and made up for, but the customer’s supply must not “fall off the chain” at a critical time.
Shenzhen is also one of the important gathering places of LED industry in China Unilumin Group Co.Ltd(300232) told reporters that at present, the epidemic has not had a significant impact on the company’s production and operation. The company reasonably arranges production in accordance with the relevant requirements announced by the municipal epidemic prevention and control headquarters to ensure the delivery of customers’ orders. In view of the current epidemic situation, the company immediately launched the epidemic emergency plan and reasonably arranged and dispatched the personnel. At present, the production and operation are normal. In addition, Unilumin Group Co.Ltd(300232) also joined in the fight against the epidemic and announced to provide free LED display maintenance services to all public service enterprises involved in people’s livelihood and basic urban operation in Shenzhen.
Industry analysts pointed out that at present, most manufacturers have sufficient inventory, coupled with scattered production sites, which can be flexibly scheduled, so there is no immediate significant impact.
closed management of downstream manufacturers
In an interview with reporters a few days ago, Liu ruopung, chairman of Guangqi technology, admitted that what he cares most about when he wakes up every day is where there is an epidemic and where there is a risk of interruption in the supply chain; After all, “the production of industrial enterprises has a beat, and it is difficult to catch up if you miss a beat.”
From the beginning of the year to the present, Guangqi 709 base, which is responsible for the production of metamaterials, has been in the state of full work and full production, and each production line operates continuously for 24 hours; After the current round of Shenzhen epidemic prevention and control measures were upgraded, Guangqi headquarters and production bases entered a wartime state and carried out closed management; On the evening of March 13, some R & D personnel and engineers of Shenzhen headquarters prepared relevant production equipment and cutting-edge products overnight and transported them to 709 base to ensure the timely delivery of production tasks.
The reporter learned that many parks in Shenzhen require the implementation of factory closed management.
“We thought we were going to stop all production and shut down. Later, we saw that the notice of the park required closed management.” Shenzhen Deren Electronic Co.Ltd(002055) told reporters that the company’s output value in Guangming factory is about 1 billion yuan. At present, the factory logistics and delivery are normal, but personnel are not allowed to enter and leave. “Some leaders just went to the factory at the weekend. Later, they simply stayed in the factory after receiving the notice.”
Semiconductor, display panel and other manufacturers cannot “shut down” for a second due to the particularity of production process.
The reporter learned from the employees of Semiconductor Manufacturing International Corporation(688981) Shenzhen factory that the number of on-the-job personnel in the local factory was reduced by about half and all were managed in a closed manner; In addition, large semiconductor manufacturers such as TCL Huaxing optoelectronics require production personnel to do nucleic acid detection every day, and the number of on-the-job production technicians is greatly reduced, or the shift within a week is cancelled.
In addition, the production tasks of Shenzhen mobile phone industry chain company are mostly scattered in the surrounding and other provinces, so the impact is limited.
Ofilm Group Co.Ltd(002456) told reporters that at present, the company strictly implements all the regulations and requirements of anti epidemic in several cities. Among them, Shenzhen office area responds to the anti epidemic requirements of Nanshan District, temporarily works at home, Guangming district is responsible for some R & D, and the company’s main R & D and production have been concentrated in Nanchang, Shanghai, Nanjing and other places; With the landing of fixed increase last year, Hefei is also focusing on the layout. The current epidemic situation has no significant impact on the company’s production and operation.
Some companies choose to shut down and plan to allocate production capacity to other plants. As Apple’s leading OEM, Foxconn‘s Hon Hai issued a statement on March 14th, saying that Hon Hai’s Chinese mainland Shenzhen’s parks (Longhua, Guanlan, etc.), together with the local government’s COVID-19 epidemic prevention work, will be suspended from operation immediately. In addition, Hon Hai pointed out that due to other backup plants, the company has carried out necessary production deployment to reduce the impact on the company’s operation; At the same time, start epidemic prevention measures such as nucleic acid detection for all staff.
According to the latest news from the reporter of securities times · e company on March 16, Foxconn implements “two points and one line” closed management in the main parks in Shenzhen, and some employees live, work and traffic in the parks. According to the industry guidelines and policies issued by Shenzhen, under the premise of strictly following the requirements of the government’s epidemic prevention policies and doing a good job in the closed-loop management and employee health care in the park, some production and operation have been resumed in the relevant parks.
In addition, the reporter dialed Luxshare Precision Industry Co.Ltd(002475) ‘s landline telephone, which showed that the place of ownership was Dongguan. The operator told the reporter that the company’s factory had not been shut down; However, the telephone of the company’s securities department was not connected.
The latest performance shows that Luxshare Precision Industry Co.Ltd(002475) as a leading stock in Apple’s industrial chain, the net profit decreased by about 2% to 70% year-on-year last year. 7.2 billion yuan. In the first quarter of this year, the company expects the net profit to increase by 30% year-on-year. According to the company, the situation of epidemic, shortage of materials and geopolitics outside China is still severe this year, and the external environment continues to have an impact on the manufacturing industry: the continuous and repeated epidemic has affected the speed of goods customs clearance, some material suppliers have shut down, and there is a serious shortage of chips in the world. However, the company has been highly recognized by major customers through measures such as improving its core technical strength and optimizing the performance of new products, and the overall profit has increased steadily.
Bank of America Securities pointed out that the production capacity of smartphone supply chain is highly concentrated in Guangdong, Hong Kong and Macao Bay area, which may face greater risks this time, especially the concentration of non Apple phones is higher than that of apple supply chain. However, since the first half of the year is usually the off-season of the industry, if the shutdown lasts only one or two weeks, it is expected that the possibility of sustained impact on the industrial chain is low.
