Lithium devices, semiconductor devices, panel devices, panel devices, photovoltaic devices, panel devices, panel devices, panel devices, photovoltaic devices, and tools, among which to highlight lithium devices, semiconductor devices, panel devices, photovoltaic devices, and knives: the Wuxi Lead Intelligent Equipment Co.Ltd(300450) devices, and so on: 3535 ), China National Electric Apparatus Research Institute Co.Ltd(688128) ( China National Electric Apparatus Research Institute Co.Ltd(688128) ), Shenzhen Xinyichang Technology Co.Ltd(688383) ( Shenzhen Xinyichang Technology Co.Ltd(688383) ), Hunan Baili Engineering Sci & Tech Co.Ltd(603959) ( Hunan Baili Engineering Sci & Tech Co.Ltd(603959) ), Wuhan Dr Laser Technology Corp.Ltd(300776) ( Wuhan Dr Laser Technology Corp.Ltd(300776) ), Shenzhen United Winners Laser Co.Ltd(688518) ( Shenzhen United Winners Laser Co.Ltd(688518) ) Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) ( Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) ), China Tungsten And Hightech Materials Co.Ltd(000657) ( China Tungsten And Hightech Materials Co.Ltd(000657) ), Oke Precision Cutting Tools Co.Ltd(688308) ( Oke Precision Cutting Tools Co.Ltd(688308) ), Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) ( Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) ), Shareate Tools Ltd(688257) ( Shareate Tools Ltd(688257) ), Shuangliang Eco-Energy Systems Co.Ltd(600481) ( Shuangliang Eco-Energy Systems Co.Ltd(600481) ), etc.
Key industry trends: China’s semiconductor equipment market will reach US $29.6 billion in 2021, and Contemporary Amperex Technology Co.Limited(300750) plans to build a battery base in Xiamen. 1) The International Semiconductor Industry Association (semi) released that the global sales of semiconductor manufacturing equipment in 2021 increased by 44% over 2020 to $102.6 billion. The sales of semiconductor raw materials also increased by 16%, both reaching an all-time high. From the market of manufacturing equipment, Chinese mainland increased by 58% to 29 billion 600 million US dollars, the largest. 2) Contemporary Amperex Technology Co.Limited(300750) released the performance report for 2021, achieving a revenue of 130.3 billion yuan, a year-on-year increase of 159%, and a net profit of 15.9 billion yuan, a year-on-year increase of 185%. On the same day the performance report was released, Contemporary Amperex Technology Co.Limited(300750) announced to expand production by another 13 billion yuan and build a large power and energy storage battery base in Xiamen, Fujian.
Key recommendation: Wuxi Autowell Technology Co.Ltd(688516) 22q1’s performance is better than expected and will continue to be optimistic for a long time. 22q1 company achieved total operating income of 625 million yuan / yoy + 70.25%, net profit attributable to parent company of 107 million yuan / yoy + 109.49%, net profit deducted from non attributable to parent company of 996049 million yuan / yoy + 116.93%. The company’s businesses continued to maintain a good trend. On February 16, it announced that it had successfully won the bid for Qujing Jingao, Hefei Jingao silicon wafer sorter and multi main grid scribing and welding conjoined machine projects. On March 15, it announced the bidding project for series welding machine and scribing machine of Shangrao project of Jingke energy (Shangrao) Co., Ltd., with the bid winning amount of about 110 million yuan and 140 million yuan respectively. 2022q1 company signed new orders of 1.44 billion yuan (including VAT, Unaudited) / yoy + 84.62%, and orders on hand of 4.894 billion yuan (including VAT, Unaudited) / yoy + 77.00%. In addition, in April, the company’s holding subsidiary, Songci Electromechanical, plans to win the bid for Yuze semiconductor’s 300 million yuan “1600 single crystal furnace procurement” project, which is expected to continue the high growth trend of Q1 orders.
Investment suggestions: 1) lithium battery detection has become a new growth point of machine vision, focusing on the whole industry layout enterprise Opt Machine Vision Tech Co.Ltd(688686) . 2) The downstream space of lithium battery equipment is large, and the equipment company has strong certainty. It is recommended to Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Zhejiang Hangke Technology Incorporated Company(688006) , China National Electric Apparatus Research Institute Co.Ltd(688128) , Shenzhen United Winners Laser Co.Ltd(688518) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) . 3) Focus on high-quality panel equipment enterprises Suzhou Hyc Technology Co.Ltd(688001) , Shenzhen Xinyichang Technology Co.Ltd(688383) . 4) Pay attention to photovoltaic equipment companies and recommend Wuxi Autowell Technology Co.Ltd(688516) , Suzhou Maxwell Technologies Co.Ltd(300751) , Wuhan Dr Laser Technology Corp.Ltd(300776) . 5) Focus on high-quality tool enterprises China Tungsten And Hightech Materials Co.Ltd(000657) , Oke Precision Cutting Tools Co.Ltd(688308) , Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) , Shareate Tools Ltd(688257) ; 6) Other concerns: Hunan Baili Engineering Sci & Tech Co.Ltd(603959) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Leader Harmonious Drive Systems Co.Ltd(688017) , Zhejiang Supcon Technology Co.Ltd(688777) , Shuangliang Eco-Energy Systems Co.Ltd(600481) , etc. (Note: Zhejiang Supcon Technology Co.Ltd(688777) , Wuxi Autowell Technology Co.Ltd(688516) are jointly covered by Huaxi machinery, computer and Dianxin teams respectively).
Risk tip: the fluctuation of economic growth increases; The order acquisition of relevant enterprises is less than expected.
