Today (January 12), A-Shares rebounded in shock, led by the growth enterprise market, and accelerated the upward attack in the late trading. On the disk, in the industry, energy metals, tourism hotels, power grid equipment, food and beverage, packaging materials and medical devices led the increase, while cement and building materials, steel, port shipping, insurance, real estate, traditional Chinese medicine and other industries made a slight correction. In terms of subject stocks, prefabricated dishes, UHV, smart grid, virtual power plant, online tourism and solid-state batteries led the rise, while low-carbon metallurgy, sponge City, REITs concept and assembly building concept led the decline.
the concept of prefabricated dishes broke out Zhanjiang Guolian Aquatic Products Co.Ltd(300094) “20cm” limit, and many companies actively expanded production
The concept of prefabricated dishes broke out again on the 12th. As of press time, Zhanjiang Guolian Aquatic Products Co.Ltd(300094) “20cm” limit, Xi’An Catering Co.Ltd(000721) , Fortune Ng Fung Food (Hebei) Co.Ltd(600965) , Haixin Foods Co.Ltd(002702) , Shandong Huifa Foodstuff Co.Ltd(603536) , Yantai Shuangta Food Co.Ltd(002481) , Zhengzhou Qianweiyangchu Food Co.Ltd(001215) and more than 10 shares rose.
Recently, a number of food companies have said that they have set foot in or are expanding the prefabricated vegetable business. Zhanjiang Guolian Aquatic Products Co.Ltd(300094) it was announced yesterday that on January 11, the company and Shanghai HEMA Network Technology Co., Ltd. (hereinafter referred to as “HEMA”) signed the cooperation framework agreement. Based on good trust and considering the long-term development of both sides, the two sides decided to work together in the development and market promotion of aquatic prefabricated dishes, and jointly build a Rural Revitalization Industrial Park Carry out cooperation in the fields of joint brand cooperation and consumption dynamic sharing. Both sides have formed a deep partnership with excellent corporate philosophy and professionalism and in the spirit of “mutual benefit, mutual benefit, stability, permanence, efficiency and high quality”.
Shanxi Securities Co.Ltd(002500) said that Chinese households are increasingly dependent on industrialized food production and socialized supply. Prefabricated dishes simplify the tedious steps of buying, washing, cutting and cooking, integrate quality, nutrition and taste, and cater to the lifestyle of young consumer groups under the fast-paced life. In 2021, the space scale of Chinese prefabricated dishes is expected to reach 340 billion yuan, with a year-on-year increase of 18%. In the next 3-5 years, China’s Prefabricated food industry is expected to become the next trillion catering market.
Open source Securities pointed out that the demand of the prefabricated vegetable industry is gradually released, and it is recommended to pay attention to the relevant subject matter. The old prefabricated vegetable enterprises Suzhou Weizhixiang Food Co.Ltd(605089) and haodeli have been deeply engaged in the prefabricated vegetable industry for many years. Enterprises such as Shandong Delisi Food Co.Ltd(002330) in the food industry and Anji food have arranged the prefabricated vegetable industry one after another. Relevant enterprises can be the first to layout the market and enjoy the dividends of the rapid development of the industry. It is suggested to close Suzhou Weizhixiang Food Co.Ltd(605089) . In addition, Shandong Delisi Food Co.Ltd(002330) , Fu Jian Anjoy Foods Co.Ltd(603345) will also benefit.
tobacco concept is active again Shenzhen Jinjia Group Co.Ltd(002191) strong limit Anhui Hyea Aromas Co.Ltd(300886) and so on
The tobacco concept was active again in the session on the 12th. As of press time, Sichuan Jinshi Technology Co.Ltd(002951) , Shenzhen Jinjia Group Co.Ltd(002191) rose by the limit, Anhui Hyea Aromas Co.Ltd(300886) , Anhui Genuine New Materials Co.Ltd(603429) , Shantou Dongfeng Printing Co.Ltd(601515) and so on. In terms of news, it was announced on Shenzhen Jinjia Group Co.Ltd(002191) 11 that on January 10, after deliberation and approval by the general manager’s office meeting, it was agreed that Shenzhen Jinjia Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) Technology Co., Ltd., a wholly-owned subsidiary of the company (tentative name, subject to the name of industrial and commercial change registration, hereinafter referred to as “Jinjia Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) technology”), Zhou Jun, Chen Xiaobai Shenzhen Jiaju Electronic Technology Co., Ltd. (hereinafter referred to as “Jiaju Electronics”) signed the investment agreement on Shenzhen Jiaju Electronic Technology Co., Ltd. Jinjia Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) technology plans to increase the capital of Jiaju electronics by 23.8 million yuan (of which 3333333 million yuan is used to subscribe for the new registered capital, and the rest is included in the capital reserve of Jiaju Electronics). After the completion of this transaction, Jinjia Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) technology holds 40% equity of Jiaju electronics.
Through this investment, the company will further improve the business layout in the direction of heating and non combustion of new tobacco, involving brand operation, international development and operation, innovative products, automation equipment and large-scale production, which has synergistic and complementary effects with the existing business of the company’s new tobacco sector; At the same time, the company will empower Jiaju electronics with its R & D technology, management experience and customer resources accumulated in the field of new tobacco, and continue to carry out follow-up in-depth cooperation; According to the agreement, Jiaju Electronics will actively develop relevant businesses outside China, and integrate and invest in the production capacity, customers and sales channels of new tobacco products worldwide, which will help to improve the business scale of Jiaju electronics and the profitability of the company. This foreign investment is an important part of the company’s extension of the new tobacco industry chain, plays a positive role in promoting the sustainable development of the company, and is in line with the company’s development strategy.
the State Grid plans to start 13 UHV lines this year, and relevant industrial chains may be concerned (with shares)
China Energy News reported that during the “14th five year plan” period, the State Grid planned to build the “24 AC and 14 DC” UHV project, involving more than 30000 kilometers of lines, 340 million KVA transformation capacity and a total investment of 380 billion yuan. This year, the State Grid plans to start 13 UHV lines of “10 AC and 3 DC”. According to the interviewed insiders, under the background of carbon peak and carbon neutralization, strengthening grid construction, especially UHV construction, can effectively solve the problems of China’s high proportion of renewable energy grid connection and large-scale allocation across provinces and regions. As an important measure to build a new power system, AC / DC UHV transmission project will become the key investment direction of power grid in the 14th five year plan.
UHV refers to the transmission technology with voltage level of AC 1000 kV and above and DC ± 800 kV and above. It has the technical advantages of large transmission capacity, long distance, high efficiency and low loss. The organization believes that driven by factors such as the construction of distribution network and the rapid development of smart grid, the production capacity of UHV appliances in China will continue to expand, and enterprises with leading market share will continue to reduce the cost of unit products by expanding production capacity, It is estimated that the market scale (in terms of sales) of China’s UHV electrical appliance industry will maintain a compound annual growth rate of 8.3% in the next five years, and the market scale of China’s UHV electrical appliance industry will reach 2008.5 billion yuan by 2024.
Dongguan Securities pointed out that the eastern coastal area is a key area of power consumption. The local power generation is lower than the power consumption, while the power generation in the central and western regions is more than the local power consumption, and the contradiction between power supply and demand is prominent. With the rapid increase of power consumption in the eastern coastal area and the increase of grid connection demand for clean energy power generation in the west, the new demand of UHV power grid continues to increase. Concerned about the intensive introduction of policies related to UHV power grid construction and the continuous implementation of investment and construction, the orders of UHV appliances are expected to increase and the market scale is expected to expand.
bank performance reports one after another. Institutions suggest that investment logic grasp three main lines
This week, five banks, including Industrial Bank Co.Ltd(601166) , Jiangsu Suzhou Rural Commercial Bank Co.Ltd(603323) , Bank Of Jiangsu Co.Ltd(600919) , Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) and China Citic Bank Corporation Limited(601998) , disclosed their performance letters for 2021.
The performance growth of these five banks is gratifying, the proportion of loans has been significantly improved, and the loan quality has been significantly improved.
Everbright Securities Company Limited(601788) pointed out that the disclosed performance letters of listed banks in 2021 performed well. As of January 11, four banks, namely Societe Generale, Sunong, Jiangsu and Changshu, had issued performance express reports. On the whole, they showed the following characteristics: first, the revenue growth rate was generally stable, and the profit growth rate was higher than that of 3q21; Second, the asset quality continued to improve, with the non-performing rate slightly down or flat quarter on quarter. At the same time, the provision coverage increased quarter on quarter, and the risk offset ability was enhanced. Considering the general “good start” effect of banking credit, most banks follow the quarterly rhythm of “3322”, and even some banks can reach 40% of the whole year’s credit in the first quarter. In the evolution process of “wide credit” from the fourth quarter of 21 to the first quarter of 22, the driving factors of banking income scale are relatively optimistic, which will drive the growth of net interest income.
For the investment logic of bank stocks, it is recommended to focus on three main lines in the first quarter: 1) the rebound main line brought by the weakening of real estate risk suppression. With the restoration of pessimism in the real estate market, the listed banks that were obviously impacted by the real estate market in the early stage have been adjusted, and the bottom trend of stock price is more obvious, which is expected to obtain excess returns in the future. Focus on Industrial Bank Co.Ltd(601166) , Ping An Bank Co.Ltd(000001) , China Merchants Bank Co.Ltd(600036) .
2) the main line of sound operation of high-quality regional local banks. High quality listed banks in Jiangsu and Zhejiang are recommended. These banks benefit from the improvement of regional economic environment. In the future, credit supply is expected to continue “volume increase and price stability”, and are expected to maintain high-quality asset quality. Focus on Bank Of Chengdu Co.Ltd(601838) , Bank Of Hangzhou Co.Ltd(600926) , Bank Of Jiangsu Co.Ltd(600919) , Jiangsu Changshu Rural Commercial Bank Co.Ltd(601128) , Bank Of Nanjing Co.Ltd(601009) .
3) the main line of “Touyan” bank with stable credit supply in the beginning of the year. When the problem of insufficient effective demand may continue, the credit extension may evolve from a “good start” to a “differentiated” division at the beginning of 2022. In the beginning of the year, the bank is expected to give play to the “head goose” effect, focusing on Postal Savings Bank Of China Co.Ltd(601658) , China Construction Bank Corporation(601939) .
in 2021 Shanxi Guoxin Energy Corporation Limited(600617) car sales were 3521000, ranking first in the world for seven consecutive years (with shares)
According to the Ministry of industry and information technology on the 12th, in 2021, the sales of Shanxi Guoxin Energy Corporation Limited(600617) vehicles reached 3.521 million, a year-on-year increase of 1.6 times, ranking first in the world for seven consecutive years; The new passenger car market equipped with combined driving assistance system accounts for 20%. Next, the Ministry of industry and information technology will go all out to maintain the stable and healthy operation of the automobile industry, strengthen the development of new energy vehicles and intelligent networked vehicles, and strive to improve the stability and competitiveness of the industrial chain supply chain.
Huaan Securities Co.Ltd(600909) pointed out that policy encouragement, supply of high-quality models and endogenous market demand drive the continuous upward trend of new energy vehicles. Under the influence of chips, the global new energy vehicles show their toughness and trend. The consumption of new energy vehicles has gradually expanded from the demand for license right of way to spontaneous demand. The development of Shanxi Guoxin Energy Corporation Limited(600617) vehicles has changed from subsidy driven to market driven, and will continue to maintain a high growth state; The European market continues to penetrate and the American market has accumulated a lot. It is estimated that the sales volume of Shanxi Guoxin Energy Corporation Limited(600617) vehicles will reach 5 million in 2022, and it is expected to exceed 10 million in the world. The wave of electrification in the automotive industry is unstoppable.
Soochow Securities Co.Ltd(601555) believes that the wholesale penetration rate of new energy vehicles increased slightly in December 2021, and the new energy market as a whole continued to be hot. Still optimistic about investment opportunities in the automotive sector. Triple cycle resonance in 2022, the golden age of autonomy: 1) chip mitigation brings the demand for replenishment in the passenger car industry. It is expected to enter the cycle of continuous year-on-year improvement of production and sales data in 2022. 2) Intelligent + electric + hybrid, a new round of new cars of independent brands are listed one after another, and the penetration rate of new energy vehicles continues to rise, driving the market share of independent brands to achieve higher quality. 3) All independent brands actively promote overseas strategies, and exports will continue to enter the high growth channel.
The agency pointed out that Great Wall Motor Company Limited(601633) , ideal automobile, Xiaopeng automobile, Byd Company Limited(002594) , Geely Automobile, Chongqing Changan Automobile Company Limited(000625) , Guangzhou Automobile Group Co.Ltd(601238) , Saic Motor Corporation Limited(600104) are recommended in the whole vehicle sector, and Weilai automobile, Chongqing Sokon Industry Group Stock Co.Ltd(601127) , Anhui Jianghuai Automobile Group Corp.Ltd(600418) are concerned. The parts section recommends Huizhou Desay Sv Automotive Co.Ltd(002920) , Foryou Corporation(002906) , Bethel Automotive Safety Systems Co.Ltd(603596) , Ningbo Tuopu Group Co.Ltd(601689) , Fuyao Glass Industry Group Co.Ltd(600660) , China Automotive Engineering Research Institute Co.Ltd(601965) , Ikd Co.Ltd(600933) , Huayu Automotive Systems Company Limited(600741) , and pays attention to Changzhou Xingyu Automotive Lighting Systems Co.Ltd(601799) , Ningbo Jifeng Auto Parts Co.Ltd(603997) , Ningbo Joyson Electronic Corp(600699) , Ningbo Xusheng Auto Technology Co.Ltd(603305) .
in 2021 China Shipbuilding Industry Group Power Co.Ltd(600482) batteries increased by 182.3% year-on-year, and battery manufacturers may usher in a good situation of simultaneous increase in volume and price
According to the China automotive power battery industry innovation alliance on the 12th, from January to December 2021, China Shipbuilding Industry Group Power Co.Ltd(600482) battery output accumulated 219.7gwh, a year-on-year increase of 163.4%; The cumulative sales volume of China Shipbuilding Industry Group Power Co.Ltd(600482) batteries reached 186.0gwh, a year-on-year increase of 182.3%; China Shipbuilding Industry Group Power Co.Ltd(600482) battery loading volume totaled 154.5gwh, with a year-on-year increase of 142.8%. In addition, in 2021, automobile production and sales showed year-on-year growth, ending the decline for three consecutive years since 2018. Among them, new energy vehicles have become the biggest bright spot, with annual sales of more than 3.5 million vehicles, and the market share has increased to 13.4%, further indicating that the new energy vehicle market has shifted from policy driven to market driven.
The market share of new energy vehicles has gradually increased, driving the large-scale production of power battery manufacturers. Huaan Securities Co.Ltd(600909) believes that with fierce competition, actively expanding production capacity, alleviating cost pressure and profits, it is expected to improve the sales of new energy vehicles and boost the volume of batteries. It is expected that the global installed capacity of power batteries will reach 290 / 450gwh in 2021 / 2022 and 155 / 230gwh in China In 2022, with the gradual release of capacity in some links of midstream materials, the high material prices are expected to ease; At the same time, the battery factory negotiates the price with the vehicle manufacturer and gradually establishes a metal linkage mechanism, which can effectively alleviate the cost pressure of the battery factory and repair the gross profit; Under the trend of high demand in the downstream, the early capacity expansion of battery manufacturers will be released, and the shipment will be increased in a large proportion, which is expected to usher in a good situation of simultaneous increase in volume and price.
The agency suggests paying attention to three main investment lines: first, battery plants with capacity release, cost pressure relief and gross profit recovery, such as: Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , Gotion High-Tech Co.Ltd(002074) , Farasis Energy (Gan Zhou) Co.Ltd(688567) ; Second, lithium resource companies with high lithium price supported by supply and demand and expected to achieve excess profits, such as: Keda Industrial Group Co.Ltd(600499) , Youngy Co.Ltd(002192) , Chengxin Lithium Group Co.Ltd(002240) , Tianqi Lithium Corporation(002466) ; Third, midstream material link companies with clear pattern, obvious advantages and tight supply and demand, such as: Yunnan Energy New Material Co.Ltd(002812) , Shenzhen Senior Technology Material Co.Ltd(300568) , Guangdong Jiayuan Technology Co.Ltd(688388) , Nuode Investment Co.Ltd(600110) , Shanghai Putailai New Energy Technology Co.Ltd(603659) , Shenzhen Dynanonic Co.Ltd(300769) , Beijing Easpring Material Technology Co.Ltd(300073) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Cngr Advanced Material Co.Ltd(300919) , Zhejiang Huayou Cobalt Co.Ltd(603799) , etc.
