With the disclosure of the first quarterly report, the operation trend of the social security fund, which has attracted much attention, gradually surfaced in the first quarter of this year. According to statistics, among the 139 listed companies that have disclosed the first quarterly report of 2022, the top 10 circulating shareholders of 22 companies have appeared in the national social security fund. From the perspective of the holding industry, the social security fund prefers chemical stocks; In addition, the shareholding of social security fund shows the trend of “holding together” again.
social security fund has 18 shares and 5 new shares
Statistics show that as of April 18, among the 137 companies that have disclosed the first quarterly report of 2022, 22 of the top 10 circulating shareholders have appeared in the social security fund.
The 22 companies are respectively the 22 companies of the 22 companies, which are respectively the 22 companies of the 22 companies: the Zijin Mining Group Company Limited(601899) \ ( Shandong Wit Dyne Health Co.Ltd(000915) ) Shandong Jinjing Science And Technology Stock Co.Ltd(600586) Shandong Jinjing Science And Technology Stock Co.Ltd(600586) )、 Queclink Wireless Solutions Co.Ltd(300590) Queclink Wireless Solutions Co.Ltd(300590) )、 Jianmin Pharmaceutical Group Co.Ltd(600976) Jianmin Pharmaceutical Group Co.Ltd(600976) )、 Guangdong Tecsun Science & Technology Co.Ltd(002908) Guangdong Tecsun Science & Technology Co.Ltd(002908) )、 Dongguan Dingtong Precision Metal Co.Ltd(688668) Dongguan Dingtong Precision Metal Co.Ltd(688668) )、 Three’S Company Media Group Co.Ltd(605168) Three’S Company Media Group Co.Ltd(605168) )。
Among these stocks, Shuangliang Eco-Energy Systems Co.Ltd(600481) , Chengdu Corpro Technology Co.Ltd(300101) , Queclink Wireless Solutions Co.Ltd(300590) , Jianmin Pharmaceutical Group Co.Ltd(600976) , Guangdong Tecsun Science & Technology Co.Ltd(002908) 5 stocks were new to the social security fund in the first quarter. The number of shares held was 9027400 shares, 5283700 shares, 2970100 shares, 1581000 shares and 1058100 shares respectively, accounting for 0.55%, 0.95%, 1.32%, 1.04% and 0.68% of the company’s circulating shares respectively. For the sake of ‘ Cts International Logistics Corporation Limited(603128) inthe first quarter, the company was increased by the social security fund by 18470300 shares, 1099900 shares, 1840600 shares, 1150600 shares, 1 Fujian Nanping Sun Cable Co.Ltd(002300) shares, 880400 shares, 705700 shares, 545800 shares and 545800 shares respectively.
The data show that Shandong Wit Dyne Health Co.Ltd(000915) , Shandong Jinjing Science And Technology Stock Co.Ltd(600586) , Biem.L.Fdlkk Garment Co.Ltd(002832) , Zhuzhou Kibing Group Co.Ltd(601636) , Zijin Mining Group Company Limited(601899) 5 stocks were reduced by the social security fund in the first quarter. Among them, Zijin Mining Group Company Limited(601899) suffered the largest number of shares reduction Zijin Mining Group Company Limited(601899) a quarterly report showed that by the end of the first quarter, the social security fund held 351342900 shares, a decrease of 5 Shenzhen Ecobeauty Co.Ltd(000010) 0 shares compared with 401343000 shares at the end of last year. Among them, the national social security fund 103 portfolio reduced the company’s shares by 53.001 million shares in the first quarter, but the national social security fund 114 portfolio increased its holdings by 3 million shares.
It is worth mentioning that four stocks of Jiangxi Jovo Energy Co.Ltd(605090) ( Jiangxi Jovo Energy Co.Ltd(605090) ), Zhejiang Wazam New Materials Co.Ltd(603186) ( Zhejiang Wazam New Materials Co.Ltd(603186) ), Zhejiang Crystal-Optech Co.Ltd(002273) ( Zhejiang Crystal-Optech Co.Ltd(002273) ), Bank Of Nanjing Co.Ltd(601009) ( Bank Of Nanjing Co.Ltd(601009) ) were “liquidated” by the social security fund in the first quarter (at least they did not appear in the heavy position stocks again). Statistics show that as of the end of the fourth quarter of last year, the social security fund held 828000 shares, 4172800 shares, 12059400 shares and 73055500 shares respectively. In addition, the shares of Guangdong Haid Group Co.Limited(002311) , Guizhou Chanhen Chemical Corporation(002895) and Three’S Company Media Group Co.Ltd(605168) 3 individual shares held by the social security fund remained unchanged in the first quarter.
In recent years, the trend of social security fund, which is regarded as accurate judgment of the peak and low of the market, has always been the focus of the market. Brokerage analysts said that the market pays attention to the trend of social security fund. First, the social security fund accurately judges market changes; In addition, its investment style is stable. Investors may wish to pay more attention to the stocks favored by the social security fund in the adjustment.
social security fund likes to “keep warm together”
Since the beginning of this year, the market has continued to adjust, and the social security fund has appeared the situation of “holding together for warmth” again. According to the data, among the above 22 heavily held stocks of social security funds, there are at least two social security funds among the 8 circulating shareholders (including the basic pension operated by the National Social Security Fund Council), accounting for 36.36% of the overall individual stocks. They are Zijin Mining Group Company Limited(601899)
It is disclosed that from January to March 2022, Cts International Logistics Corporation Limited(603128) achieved an operating revenue of 6.295 billion yuan, a year-on-year increase of 40.33%, and the net profit attributable to shareholders of listed companies was 252 million yuan, a year-on-year increase of 36.04%. In terms of shareholders, the basic endowment insurance fund 1205 portfolio, the national social security fund 17041 portfolio and the national social security fund 414 portfolio, with 370868 million shares, 243513 million shares and 184703 million shares respectively, ranked fourth, seventh and ninth among the top ten circulating shares of the company, of which the shares held by the national social security fund 414 portfolio were new in the first quarter.
According to the public information, the main businesses of Cts International Logistics Corporation Limited(603128) include international air, sea and rail freight forwarding, cross-border e-commerce logistics, international engineering logistics, international warehousing logistics, other international integrated logistics services, and special logistics for large and special pieces. In 2021, the company achieved an operating revenue of about 24.668 billion yuan, an increase of 75.02% year-on-year; The net profit was 837 million yuan, a year-on-year increase of 57.74%.
From the analysis of the main business, the cross-border comprehensive logistics business with international air transportation and international shipping as the core is still the main source of the company’s profits, while the cross-border e-commerce logistics with increasing investment has become the third largest business pillar of the company.
Southwest Securities Co.Ltd(600369) april 18 issued a research report giving Cts International Logistics Corporation Limited(603128) “buy” rating. The reasons for rating mainly include: 1) the prosperity of international air and sea freight forwarding business continues; 2) Extensive M & A performed well, with high growth of cross-border logistics business; 3) Seize the opportunity of made in China to go to sea, endogenous + extension, and consolidate logistics resources.
Compared with Cts International Logistics Corporation Limited(603128) beautiful performance, Sirio Pharma Co.Ltd(300791) which is also held by three social security funds is much inferior. According to the data, in the first quarter of 2022, the company achieved an operating revenue of 421 million yuan, a year-on-year decrease of 17.01%; The net profit was 146386 million yuan, a year-on-year decrease of 74.48%. Among the top ten circulating shareholders, national social security fund 404, basic endowment insurance fund 1203 and basic endowment insurance fund 1201 are the second, third and fifth largest circulating shareholders of the company with 1637800 shares, 1742300 shares and 817400 shares respectively.
The reporter of investment express noticed that Sirio Pharma Co.Ltd(300791) is one of the large contract manufacturers of nutritious and healthy food in China. It provides customers with nutritious and healthy food and services with scientific basis based on the contract R & D and production mode (cdmo). According to Euromonitor statistics, the global market scale of nutritional and health products is expected to exceed US $200 billion in 2025, with an average annual compound growth rate of about 6%. Among them, the market size of the United States, China and Europe in 2025 is expected to reach US $64 billion, US $38.8 billion and US $28.5 billion respectively, with an average annual compound growth rate of 4%, 7% and 4% respectively.
social security fund prefers chemical stocks
In terms of industry, the 22 stocks with heavy positions in the social security fund mainly belong to basic chemical industry (4), communication (3), medicine and Biology (2) and building materials (2). In addition, non-ferrous metals, food and beverage, automobile, agriculture, forestry, animal husbandry and fishery, transportation, household appliances, mechanical equipment, national defense and military industry, textile and clothing, electronics and media industries also have their own stocks. From this point of view, the national social security prefers chemical stocks.
Market participants mentioned that the current prosperity of the chemical industry is high, especially stimulated by factors such as supply side reform and continuous upward product prices, the follow-up performance of chemical stocks is likely to continue the current gratifying trend. In addition, with the combined restrictions of carbon neutralization, dual control of energy consumption and various supply side control measures of production capacity indicators, some enterprises with leading resource endowment layout, especially local state-owned enterprises, will show stronger competitive advantages in traditional industries such as coal chemical industry, salt chemical industry and phosphorus chemical industry, or industries with gradually resource attributive production capacity such as industrial silicon and calcium carbide.
The reporter noted that since this year, affected by geopolitics and supply and demand pattern, Brent oil price has increased rapidly, with an average price of US $102.39/barrel in the first quarter, an increase of 28.21% month on month. In view of the fact that overseas oil and gas prices remain high, while China’s energy prices are mainly stable, superimposed with the gradual recovery of downstream demand, which has continuously expanded the cost advantage of China’s chemical industry and significantly improved the profitability of some sub industries. For example, in the fertilizer industry, under the background of continuous and repeated overseas epidemic affecting construction, high global grain prices, geopolitical influence on supply and superimposed shipping obstruction affecting global supply, The price of international chemical fertilizer has risen rapidly, and the price difference between international and Chinese chemical fertilizer has widened, which makes relevant Chinese enterprises expected to further improve their profit margin through export.
In the view of insiders, although the chemical industry as a whole belongs to a cyclical industry greatly affected by changes in supply and demand pattern, this attribute is undergoing subtle changes. The rapidly growing demand in the field of new energy is causing the upstream basic chemical products to be in a tight balance between supply and demand, resulting in growth investment opportunities. Yu Yuanyuan, an analyst in Boc International (China) Co.Ltd(601696) chemical sector, judged that the leading companies in the sector have returned to a low level again. In the medium and long term, with the sustainability of profits exceeding expectations, high-quality chemical assets are expected to usher in value revaluation.
social security fund shareholding
