Introduction to this report:
The weakening of e-commerce impact superimposed on supply chain reform, the enhancement of traditional retail value attribute, Chongqing Department Store Co.Ltd(600729) undervalued value and high dividend, looking forward to equity incentive Zhejiang China Commodities City Group Co.Ltd(600415) q1 performance + 78%, looking forward to tripartite cooperation to meet high development.
Summary:
This week’s investment view: continue the stock selection idea of short-term fundamentals and long-term logical resonance, pay attention to the marginal improvement and inflection point of the prosperity of undervalued traditional industries, and focus on five main investment lines: ① the improvement leader of undervalued traditional industries, recommend Chongqing Department Store Co.Ltd(600729) , Zhejiang China Commodities City Group Co.Ltd(600415) . ② For the consumer sector with continued prosperity, we recommend Guangdong Chj Industry Co.Ltd(002345) , Chow Tai Fook, Chow Tai Seng Jewellery Company Limited(002867) , Fiyta Precision Technology Co.Ltd(000026) , DEA shares. ③ The national development and Reform Commission issued opinions on promoting the standardized and healthy development of the platform economy, benefiting the platform Internet, and recommended Alibaba, jd.com, pinduoduo and meituan. ④ Support the high-quality development of “specialized and special new” small and medium-sized enterprises, and recommend Shenzhen Leaguer Co.Ltd(002243) . ⑤ Cultivate the high prosperity of the diamond industry and continue to break out, benefiting North Industries Group Red Arrow Co.Ltd(000519) , Henan Liliang Diamond Co.Ltd(301071) , Henan Huanghe Whirlwind Co.Ltd(600172) .
Review of last week’s key points: last week, the commerce and retail sector increased by 0.12%, with a yield of 1.12% relative to the CSI 300, ranking seventh in all industries (a total of 30 industries). Among the non suspended stocks, the A-share is the one in which the A-share of the A-share Hongda Xingye Co.Ltd(002002) 251 (+ 12.76%) led the way.
Update of key industry information and data: ① e-commerce industry: the national cross-border e-commerce retail import drug pilot was launched in Henan; Jingxi launched the “Shanghai exclusive” guarantee for the venue, which can be delivered in 48 hours at the fastest; At the opening of the 2022 World retail conference, JD announced that four “super warehouse stores” had been established in the Netherlands; The first batch of 21 tons of emergency materials donated by Weimeng group were distributed; Kwai Kwai electric providers added “quick business enterprise business qualification management measures”. ② Gold jewelry industry: Shengshi jewelry gold store officially landed in Weihai, Shandong. ③ Department store / supermarket industry: Sam will extend the membership validity of members in Shanghai; Ningbo HEMA fresh food store has been profitable for four consecutive months; Rush to Shanghai! The first batch of Carrefour employees from Wuhan to Shanghai arrived tonight; Chen Yanting resigned as chairman of Jiebai group for more than 2 years; Wanda light assets Beijing made a major breakthrough.
Announcement of the company: Zhejiang China Commodities City Group Co.Ltd(600415) : in 2021, the company achieved an operating revenue of about 1.598 billion yuan, a year-on-year increase of 106.68%; The net profit attributable to shareholders of listed companies was 672 million yuan, a year-on-year increase of 78.13% China National Gold Group Gold Jewellery Co.Ltd(600916) : in 2021, the company achieved a revenue of 50.758 billion yuan, a year-on-year increase of 50.23%; The net profit attributable to shareholders of listed companies was 794 million yuan, a year-on-year increase of 58.84% Chengdu Hongqi Chain Co.Ltd(002697) : it is agreed that the company can use its own idle funds of no more than 500 million yuan to purchase principal guaranteed financial products issued by commercial banks. Within this limit, the funds can be used on a rolling basis. In order to control risks, the funds of the above limit can only purchase principal guaranteed financial products within one year.
Risk warning: the risk of repeated epidemic; Risks of macroeconomic fluctuations; Policy supervision risk
