Key investment points:
Market review this week. This week, the wind new material index closed at 437378 points, down 3.77% month on month. Among them, Hubei Xiangyuan New Material Technology Inc(300980) (2.29%), Rianlon Corporation(300596) (2.2%), Sichuan Em Technology Co.Ltd(601208) (1.96%), Jiangxi Hungpai New Material Co.Ltd(605366) (1.93%), Anhui Wanwei Updated High-Tech Material Industry Co.Ltd(600063) (1.17%); The top five declines were Jilin Oled Material Tech Co.Ltd(688378) (- 9.79%), Shandong Head Co.Ltd(002810) (- 9.34%), Hangzhou First Applied Material Co.Ltd(603806) (- 8.32%), Suzhou Jinhong Gas Co.Ltd(688106) (- 8.27%), Kbc Corporation Ltd(688598) (- 8.11%). Among the six sub industries, the semiconductor material index of Shenwan tertiary industry closed at 721012 points, down 4.54% month on month; Shenwan tertiary industry display material index closed at 1045.1 points, down 2.49% month on month; CITIC silicone materials industry index fell by 872.99% on the third level; CITIC’s tertiary industry carbon fiber index closed at 366745 points, down 8.11% month on month; CITIC’s tertiary industry lithium battery index closed at 469256 points, down 5.85% month on month; The wind concept degradable plastics index closed at 183938, down 0.83% month on month.
Sunresin New Materials Co.Ltd Xi’An(300487) join hands with PNN to develop lithium carbonate project. On April 7, Sunresin New Materials Co.Ltd Xi’An(300487) announced that it would establish a long-term cooperative relationship with PNN to jointly develop the battery grade lithium carbonate project located in Salta Salt Lake, Argentina. In the process of cooperation, the two sides will develop and share the information of Salta salt lake lithium extraction project. Through Sunresin New Materials Co.Ltd Xi’An(300487) salt lake lithium extraction dle technology, the two sides will analyze and demonstrate the feasibility of adsorption separation technology for direct extraction of battery grade lithium carbonate from Salta salt lake brine, carry out technical verification and development, realize direct extraction of battery grade lithium carbonate from Salta brine, and build a salt lake lithium extraction project meeting the highest ESG standard in the world.
Hubei Dinglong Co.Ltd(300054) self developed polishing fluid products have been recognized by mainstream wafer factories in China. Dinglong holding subsidiary’s self-developed oxide polishing liquid products recently received a purchase order from a mainstream wafer manufacturer in China, with a purchase quantity of 20 tons. All the production sections of this polishing liquid from raw materials to finished products are independently completed by dingze new materials, which helps to completely solve the problem that customers are “stuck” by foreign polishing liquid manufacturers. At the same time, the phase I fully automatic polishing liquid production workshop of Wuhan headquarters factory has been completed, with an annual production capacity of 5000 tons of polishing liquid, which can meet the customer’s order demand.
Recommendation of key targets: downstream demand promotes industrial upgrading and innovation, and the industry has entered a period of rapid development. With the continuous breakthrough of high and new technology, the downstream demand will migrate to high-standard and high-performance materials, which is expected to drive the rapid development of the industry while promoting the upgrading of high-end manufacturing Rianlon Corporation(300596) is China’s anti-aging leader. Zhuhai base is gradually put into operation, and its capacity is expanding continuously. At the same time, China’s acquisition of Kangtai shares has made a strong leap into the 100 billion lube oil additives track, creating a second growth curve. It is recommended that China focus on the anti aging leader Rianlon Corporation(300596) . The conflict between Russia and Ukraine has led to the soaring price of rare gases. It is suggested to focus on China’s electronic special gas leader Guangdong Huate Gas Co.Ltd(688268) . Considering the industrial coordination layout, it is suggested to focus on the new material platform company Shandong Sinocera Functional Material Co.Ltd(300285) . In terms of electronic chemicals, the downstream wafer factories are constantly completed and the chip capacity is further increased. It is suggested to focus on: Jiangsu Yoke Technology Co.Ltd(002409) , it is suggested to focus on: Anji Microelectronics Technology (Shanghai) Co.Ltd(688019) , Hubei Dinglong Co.Ltd(300054) . For photovoltaic materials, it is suggested to focus on the rubber film faucet Hangzhou First Applied Material Co.Ltd(603806) .
Risk tip: downstream demand is less than expected, product price fluctuation risk, new capacity release is less than expected, etc.
