Follow up comments
On March 24, 2022, the Shanghai Composite Index closed at 325026 points, down 0.63%; Shenzhen composite index closed at 1230550 points, down 0.83%. The Chongqing composite index, which we focus on, closed at 364803 points, up 0.42%; Sichuan composite index closed at 830924 points, down 1.64%. The top three stocks of Listed Companies in Sichuan and Chongqing are: Cheng Du Sheng Nuo Biotec Co.Ltd(688117) ( Cheng Du Sheng Nuo Biotec Co.Ltd(688117) , 13.84%), Tianyu Eco-Environment Co.Ltd(603717) ( Tianyu Eco-Environment Co.Ltd(603717) , 10.04%), Chongqing Pharscin Pharmaceutical Co.Ltd(002907) ( Chongqing Pharscin Pharmaceutical Co.Ltd(002907) , 10.01%). The 42 companies we focused on fell by an average of 1.47%, among which the top three stocks were: Sichuan Jinlu Group Co.Ltd(000510) ( Sichuan Jinlu Group Co.Ltd(000510) , 6.76%), Sichuan Haite High-Tech Co.Ltd(002023) ( Sichuan Haite High-Tech Co.Ltd(002023) , 2.80%), Hitgen Inc(688222) ( Hitgen Inc(688222) , 1.50%). By industry, the top three sectors in Sichuan and Chongqing are: biomedicine (2.68%), transportation (1.45%) and basic chemical industry (0.55%).
The Sichuan Provincial Department of Justice issued the regulations on the development of big data in Sichuan Province (Draft for comments), which made it clear that the development of big data should be promoted from a series of application scenarios such as consolidating the development foundation, building a digital government base, building government services, public services, platform ecology, social governance, macro decision-making and smart city. At the same time, the construction of digital infrastructure in rural areas should be strengthened to promote the common prosperity of urban and rural areas. In recent years, with the blowout development of digital technology, data has gradually become one of the key elements of industrial development. With the help of big data, various industries can further improve resource utilization efficiency and reduce unnecessary resource waste, so as to save enterprise costs, improve enterprise profitability and realize high-quality development of enterprises. Promoting the digital transformation and upgrading of regional industries, on the one hand, will help promote the rapid development of industries in Sichuan and Chongqing, on the other hand, promote the digital transformation, and provide new opportunities for the development of regional new infrastructure industrial chain and related enterprises in the subdivided field of digital economy.
Industry dynamics
The office of Sichuan Forestry and grassland Administration issued the general idea of forestry and grass work in the province during the 14th five year plan, which clearly defined the overall implementation of the linkage of three industries, accelerated the formation of a forestry and grass industry system with distinctive characteristics and obvious advantages, and the total output value of forestry and grass industry exceeded 600 billion yuan. (China News Network)
Company dynamics
Houpu Clean Energy Co.Ltd(300471) ( Houpu Clean Energy Co.Ltd(300471) ): the annual report of 2021 was issued. In 2021, the company achieved an operating revenue of 875 million yuan, an increase of 82.87% year-on-year, and a net profit attributable to shareholders of listed companies of 11 million yuan, an increase of 106.51% year-on-year. （wind）
Chongqing Sifang New Material Co.Ltd(605122) ( Chongqing Sifang New Material Co.Ltd(605122) ): issued the 2021 annual performance express. In 2021, the company achieved an operating revenue of 1.35 billion yuan, a year-on-year increase of 14.49%, and a net profit attributable to shareholders of listed companies of 143 million yuan, a year-on-year decrease of 41.47%. （wind）
Risk warning: the economic recovery is lower than expected and the risk of covid-19 outbreak.
