Market in recent week
National defense industry (Shenwan) index (+ 0.20%), industry (Shenwan) ranking (10 / 31); Shanghai Composite Index (- 1.19%), Shenzhen Component Index (- 2.08%) and gem index (- 2.80%);
Top five increases: Hangjin Technology Co.Ltd(000818) (+ 12.49%), Beijing Andawell Science& Technology Co.Ltd(300719) (+ 12.42%), Guangzhou Haige Communications Group Incorporated Company(002465) (+ 11.34%), Yunnan Xiyi Industrial Co.Ltd(002265) (+ 9.81%), Avic Shenyang Aircraft Company Limited(600760) (+ 8.39%) Avic Electromechanical Systems Co.Ltd(002013) (+8.32%)；；
Top five declines: Taihai Manoir Nuclear Equipment Co.Ltd(002366) (- 13.95%), Jushri Technologies Inc(300762) (- 11.41%), Anhui Wantong Technology Co.Ltd(002331) (- 10.65%), Wuxi Paike New Materials Technology Co.Ltd(605123) (- 7.56%), Beijing Highlander Digital Technology Co.Ltd(300065) (- 7.36%).
Important events and announcements
On March 21, a Boeing 737 carrying 133 people crashed in Teng County, Wuzhou, Guangxi. After six days of full search and rescue, the national emergency response headquarters of “March 21” China Eastern mu5735 aircraft flight accident confirmed on the evening of 26 that all the people on the flight had been killed.
On March 21, Changchun Up Optotech Co.Ltd(002338) announced that it planned to purchase 78.89% equity of Changchun Changguang Aerospace Composite Material Co., Ltd. by issuing shares and paying cash, with a total transaction amount of 617 million yuan.
On March 22, Suzhou Sushi Testing Group Co.Ltd(300416) announced the second phase of the employee stock ownership plan (Draft). The total amount of funds to be raised is no more than 580462 million yuan, and the total number of shares to be transferred is no more than 2.957 million shares, accounting for 1.04% of the current total share capital of the company. The price of shares to be repurchased by the company is 19.63 yuan / share, and the number of participants is no more than 300.
On March 22, Beijing Aerospace Changfeng Co.Ltd(600855) announced that the total government subsidy received from December 27, 2021 to March 18, 2022 was RMB 200629 million.
On March 23, Zhongfu Shenying disclosed the issuance announcement. The issuance price was determined to be 29.33 yuan / share. The P / E ratio was 342.35 times based on the total share capital before issuance and 385.14 times based on the total share capital after issuance.
On March 23, Avic Jonhon Optronic Technology Co.Ltd(002179) issued an announcement to complete the repurchase and cancellation of restricted shares. The repurchase and cancellation involved 74669 shares of 7 incentive objects, accounting for 0.0066% of the total share capital of the company before the repurchase and cancellation.
On March 23, Guizhou Aviation Technical Development Co.Ltd(688239) announced the 2022 restricted stock incentive plan (Draft), which plans to grant 2 million shares of restricted stock to no more than 150 people, accounting for 1.4286% of the total share capital of the company at the time of announcement of the draft incentive plan and 34.25% of the total number of employees of the company. The grant price of restricted shares (including reserved grants) is 25 yuan per share.
On March 23, the Biden Administration warned China not to take advantage of the business opportunities brought by Russian sanctions, not to help Russia evade export controls, and not to deal with its prohibited financial transactions, so as to prevent China from assisting Russia hit by sanctions.
On March 23, the Russian foreign minister said that the negotiations between Russia and Ukraine were “making difficult progress”. Ukrainian President zelens signed a decree on extending the state of war on the 20th. The state of war in Ukraine will be extended for 30 days after it expires at 5:30 on March 26.
On March 24, according to KCNA, under the personal guidance of Kim Jong Un, general secretary of the Korean workers’ party, North Korea successfully launched the “mars-17” intercontinental ballistic missile on March 24.
On March 24, Nancal Technology Co.Ltd(603859) announced the employee stock ownership plan (Draft) for 2022. The total scale of the planned capital is no more than 24 million yuan, and the total share is no more than 24 million. The planned capital sources are mainly the company’s supporting funds and employees’ own and self raised funds. It is expected that there will be 5 directors, supervisors and senior managers of the company and no more than 70 other employees to participate in the employee stock ownership plan in this period.
On March 24, Beijing Tianyishangjia New Material Corp.Ltd(688033) announced that the application for issuing A-Shares to specific objects was accepted by Shanghai Stock Exchange.
On March 24, the NATO summit issued a joint statement, deciding to increase aid to Ukraine, military deployment and military expenditure of Member States, which will make the military expenditure of each country reach or close to the standard of 2% of China’s GDP. Germany, Belgium and other countries have announced an increase in military spending before the meeting. NATO believes that Russia’s military action in Ukraine has completely changed the security situation in Europe, and the strategic adjustment that NATO needs to make is long-term and lasting.
On March 24, the US State Department announced sanctions against five Russian and North Korean entities and individuals and one Chinese entity in accordance with the Iran, North Korea and Syria non proliferation act. The sanctioned Chinese entity is Zhengzhou north south instrument and Equipment Co., Ltd., which the United States said supplied Syria with equipment restricted by the “Australian group’s biological and chemical weapons non-proliferation regime”.
On March 25, Yantai Tayho Advanced Materials Co.Ltd(002254) announced that the application for non-public offering of A-Shares was accepted by the CSRC.
On March 25, Weihai Guangwei Composites Co.Ltd(300699) announced that the company began to resume work and production steadily and orderly on March 24. The shutdown loss may have a certain adverse impact on the company’s operating performance in the first quarter of 2022, and is expected to have a limited impact on the annual operating performance.
On March 25, Shaanxi state owned assets reported that in the first two months of 2022, Shaanxi nonferrous metals group achieved a year-on-year increase of 219% and 80% respectively in the output and output value of titanium rods and wires, laying a solid foundation for fully realizing the production and operation objectives in the first quarter.
On March 26, Wuxi Paike New Materials Technology Co.Ltd(605123) disclosed the plan for non-public offering of A-Shares in 2022. It is estimated that the total amount of funds raised will not exceed 1.6 billion yuan (including this amount), which is intended to be used for the construction project of intelligent production line of special alloy structural parts for Aerospace and supplement working capital. The number of shares to be issued in a non-public offering shall not exceed 20% of the total share capital of the company before the non-public offering; Wuxi paixin Aviation Technology Co., Ltd., a wholly-owned subsidiary invested with RMB 500 million, is responsible for the implementation of the investment project of non-public offering of shares in 2022 – “construction project of intelligent production line of special alloy structural parts for aerospace”.
