Follow up comments
On May 17, 2022, the Shanghai Composite Index closed at 309370 points, up 0.65%; The Shenzhen Component Index closed at 1123016 points, up 1.23%. The Chongqing composite index, which we focus on, closed at 321970 points, down 0.43%; Sichuan composite index closed at 781344 points, up 1.19%. The top three stocks of Listed Companies in Sichuan and Chongqing are: Tongwei Co.Ltd(600438) ( Tongwei Co.Ltd(600438) , 5.99%), Chengdu Zhimingda Electronics Co.Ltd(688636) ( Chengdu Zhimingda Electronics Co.Ltd(688636) , 5.90%), Chongqing Sokon Industry Group Stock Co.Ltd(601127) ( Chongqing Sokon Industry Group Stock Co.Ltd(601127) , 5.66%). The 42 companies we focused on rose by 0.25% on average, among which the top three stocks were: Tongwei Co.Ltd(600438) ( Tongwei Co.Ltd(600438) , 5.99%), Sichuan Yahua Industrial Group Co.Ltd(002497) ( Sichuan Yahua Industrial Group Co.Ltd(002497) , 5.40%), Sichuan Injet Electric Co.Ltd(300820) ( Sichuan Injet Electric Co.Ltd(300820) , 4.82%). By industry, the top three sectors in Sichuan and Chongqing are: Automobile (2.18%), power equipment (1.71%) and communication (1.68%).
Chongqing Municipal Commission of economy and information technology announced that the “national network security Industrial Park (Chengdu Chongqing)” jointly declared by Sichuan and Chongqing has been approved by the Ministry of industry and information technology, which is also China’s first cross Provincial National Network Security Industrial Park. In its reply, the Ministry of industry and information technology said that it would actively support Sichuan and Chongqing in policy implementation, project layout, enterprise cultivation and pilot demonstration, and hoped that Sichuan and Chongqing would strengthen network security technology innovation, cultivate new network security services, build a highland of network security talents, improve the network security industry ecology, and build the park into a highland leading the innovation and development of network security industry in the West. The implementation of national network security industrial park provides new opportunities for the development of network security industry in Sichuan and Chongqing. It is expected that relevant industries in Sichuan and Chongqing are expected to usher in rapid development in the future. At the same time, the further development of the network security industry is an important part of promoting the digital transformation and upgrading of industries in Sichuan and Chongqing. With the development of the network security industry and the deepening of the digital transformation of regional industries, it will help to promote the rapid development of industries in Sichuan and Chongqing.
Industry dynamics
According to the data released by Chengdu Customs, from January to April, the total import and export value of goods trade in Sichuan was 323.2 billion yuan, ranking the eighth in China, with a year-on-year increase of 21.5%, ranking the seventh in China. Among them, the export was 196.26 billion yuan, an increase of 29.6%, and the import was 126.94 billion yuan, an increase of 10.7%. (China News Network)
The office of Chengdu leading group for the steady and healthy development of the real estate market issued the notice on supporting the demand for rigid and improved housing, which specifically proposed to optimize the pre-sale handling conditions, optimize the supervision of pre-sale funds, optimize the identification standard of the total number of family houses and the identification standard of households without housing. (China News Network)
Company dynamics
Jieya Co., Ltd. (301108): issued the announcement on the implementation of annual equity distribution in 2021. This profit distribution is based on the total share capital of 81209818 shares on December 31, 2021. Cash dividends are distributed to all shareholders, with cash of 7.50 yuan (tax included) for every 10 shares, and a total of 6090736350 yuan (tax included) is distributed. （ iFind）
Risk warning: the economic recovery is lower than expected and the risk of covid-19 outbreak.
