Follow up comments
On January 11, the Shanghai stock index fell 0.73%, the CSI 300 fell 0.96%, the gem composite fell 1.19%, and the CSI 1000 fell 1.13%. Among the 11 primary industry categories of wind11, the indexes of telecom services, information technology and industry increased or decreased by – 0.18%, – 1.06% and – 2.03% respectively.
Among the 13 wind three-level industry categories involved in the technology and intelligent equipment industry chain, the top three sectors are diversified telecommunications, electrical equipment and computer and peripheral equipment, with increases and decreases of – 0.18%, – 0.84% and – 0.93% respectively; The last three sectors were aerospace and national defense III, software and electronic equipment, instruments and components, with increases and decreases of – 2.53%, – 2.30% and – 2.22% respectively.
In the diversified telecom sector, there was no stock limit or stock limit today. The top three stocks are Nova Technology Corporation Limited(300921) , Dr.Peng Telecom&Media Group Co.Ltd(600804) and China United Network Communications Limited(600050) , with ups and downs of 4.08%, 0.00% and 0.00% respectively; The top three stocks were Bizconf Telecom Co.Ltd(300578) , China Mobile and Servyou Software Group Co.Ltd(603171) , with gains and losses of – 3.47%, – 1.21% and – 1.16% respectively.
In the electrical equipment sector, there was no stock limit or stock limit today. The top three stocks are Hemai shares, Yeal Electric Co.Ltd(300923) and Liaoning Shidai Wanheng Co.Ltd(600241) , with increases and decreases of 5.41%, 5.24% and 4.59% respectively; The last three stocks were Arctech Solar Holding Co.Ltd(688408) , Changzhou Shenli Electrical Machine Incorporated Company(603819) and Zhuzhou Crrc Times Electric Co.Ltd(688187) , with gains and losses of – 7.37%, – 6.92% and – 6.84% respectively.
In the computer and peripheral equipment sector, one stock rose the limit today, but no stock fell the limit. The top three stocks are Yes Optoelectronics (Group) Co.Ltd(002952) , Vtron Group Co.Ltd(002308) and Ningbo Gqy Video & Telecom Joint-Stock Co.Ltd(300076) , with increases and decreases of 9.99%, 2.99% and 1.28% respectively; The last three stocks were Shanghai Huaming Intelligent Terminal Equipment Co.Ltd(300462) , Anker Innovations Technology Co.Ltd(300866) and Grg Banking Equipment Co.Ltd(002152) , with gains and losses of – 6.18%, – 3.43% and – 2.78% respectively.
In the aerospace and national defense III sector, there was no stock limit today, and there was no stock limit. The top three stocks are Beijing Unistrong Science & Technology Co.Ltd(002383) , China Harzone Industry Corp.Ltd(300527) and Avic Heavy Machinery Co.Ltd(600765) , with increases and decreases of 2.40%, 1.88% and 0.69% respectively; The last three stocks were Changsha Jingjia Microelectronics Co.Ltd(300474) , Sun Create Electronics Co.Ltd(600990) and Glarun Technology Co.Ltd(600562) , with gains and losses of – 8.83%, – 7.76% and – 5.24% respectively.
In the software sector, there is no stock limit or stock limit today. The top three stocks are Wuxi Boton Technology Co.Ltd(300031) , Suzhou Medicalsystem Technology Co.Ltd(603990) and Great Wall International Acg Co.Ltd(000835) , with ups and downs of 8.30%, 5.36% and 5.15% respectively; The top three stocks are Beijing Egova Co.Ltd(300075) , digital people and Kunlun Tech Co.Ltd(300418) , with gains and losses of – 10.34%, – 9.73% and 6.83% respectively.
Three stocks in the electronic equipment, instruments and components sector rose the limit today, and no stocks fell the limit. The top three stocks are Jiangsu Skyray Instrument Co.Ltd(300165) , Chongqing Mas Sci.& Tech.Co.Ltd(300275) and Shenzhen Tvt Digital Technology Co.Ltd(002835) , with ups and downs of 20.02%, 10.10% and 10.00% respectively; The top three stocks are Yachuang electronics, Synthesis Electronic Technology Co.Ltd(300479) and Shenzhen Neoway Technology Co.Ltd(688159) , with gains and losses of – 9.67%, – 8.72% and – 8.69% respectively.
Industry highlights
The endless pursuit of computing power? Apple’s AR / MR equipment or dual CPUs give birth to the massive demand for ABF carrier board (Financial Associated Press)
According to the science and Innovation Board daily (editor Zheng Yuanyuan), today, Guo Mingxuan, an analyst at Tianfeng international, released a report again, revealing the new trend of Apple’s AR / MR devices.
Apple’s device will be equipped with dual CPUs, with 4nm and 5nm processes respectively, which will be exclusively developed by TSMC; Both CPUs use ABF carrier (Note: a semiconductor IC carrier), which is exclusively developed by Xinxing. This also means that Apple’s AR / MR devices will use dual ABF carriers, higher than the one previously estimated by the market and Tianfeng international.
In 2023, 2024 and 2025, Apple’s AR / MR equipment shipments are expected to reach 3 million units, 8-10 million units and 15-20 million units respectively, corresponding to the ABF carrier board demand of 6 million pieces / 16-20 million pieces / 30-40 million pieces. It is worth mentioning that Apple’s goal is that AR can replace iPhone in 10 years, and at present, iPhone has more than 1 billion active users. In other words, Apple needs to sell at least 1 billion ar devices in the next 10 years. In this case, Apple’s ar equipment alone will demand more than 2 billion ABF carriers.
Behind the high demand for ABF carrier board is the high demand for computing power. Guo Mingyu pointed out that the computing power requirements of its equipment are the same level as those of MacBook Pro, which is significantly higher than that of iPhone. At present, the computing power of Qualcomm, the largest chip supplier of VR / AR equipment, is at the mobile phone level, that is, Apple’s AR / MR head display computing power is 2-3 years ahead of rival products. However, from 2024 to 2025, Apple’s competitive products will also have PC / Mac computing power and use ABF carrier. At that time, it is expected to further boost the demand of “metauniverse” for ABF carrier.
Energy Administration: power grid enterprises should do a good job in connecting new energy storage and other projects to the power grid and grid interconnection services, and promote distributed generation to participate in Green Power Trading (Polaris energy storage network)
Polaris energy storage network news: Polaris energy storage network learned that on January 10, the National Energy Administration issued the implementation opinions on deepening the reform of “release management service” in the energy field and optimizing the business environment. The document requires power grid enterprises to do a good job in accessing the power grid and grid interconnection services for projects such as new energy, distributed energy, new energy storage, microgrid and incremental distribution network, Provide necessary information for the access system design of relevant projects, and clarify the information query process and processing time limit such as the exploitable capacity of distribution transformer. Explore the “regulatory sandbox” mechanism for Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) new business types such as comprehensive energy services, smart energy and energy storage, and encourage policy and mechanism innovation on the basis of strictly abiding by safety and environmental protection standards.
In terms of promoting the construction of distributed generation market, support distributed generation to participate in market transactions, explore the construction of a trading platform based on blockchain and other technology applications, and establish a institutional mechanism suitable for trading between renewable energy micro grid, stock local grid, incremental distribution network and large grid. In the original draft, the “promoting the implementation of \’partition power sales” is changed to: promoting the nearby trading of distributed generation, implementing relevant price policies, and promoting distributed generation to participate in green power trading.
Risk tips
Macroeconomic fluctuation risk; Trade conflicts exacerbate risks; Risk of raw material price rise exceeding expectations, etc.
