On May 17, the CPPCC National Committee held a special consultation meeting on "promoting the sustainable and healthy development of digital economy" in Beijing, which once again emphasized the strategic position of digital economy.
Industry insiders believe that the digital economy has accelerated the process of "intelligent" transformation of science and technology. As a product form of digital economy, electronic intelligent terminal will usher in the sustained and rapid growth of demand in the future. Specifically, VR / AR, smart cars, smart phones and other key links deserve attention.
Recently, the institutional research meetings of Goertek Inc(002241) , Gigadevice Semiconductor (Beijing) Inc(603986) , Luxshare Precision Industry Co.Ltd(002475) and other intelligent terminal listed companies have attracted the active participation of more than 300 institutions. As a key part of the digital economy, intelligent terminal concept stocks are gaining the attention of institutional investors at home and abroad.
Goertek Inc(002241) : VR has innovation space in many fields
On April 27, 451 institutional investors attended Goertek Inc(002241) the analyst meeting, including well-known institutions, including head public offering huitianfu fund, South Fund, GF fund, Xingzheng Global Fund, well-known private placement Jinglin assets, juming investment, well-known foreign capital Fidelity International, UBS group, Swiss Baida assets, etc.
Goertek Inc(002241) is mainly engaged in the R & D, manufacturing and sales of acoustic photoelectric precision components and precision structural parts, intelligent complete machines and high-end equipment. In terms of assembly, the company is the world's leading VR foundry.
In terms of public offering positions, as of the end of the first quarter of this year, Feng Bo of e fund and Qu Yang of Qianhai open source fund held positions in the company. In addition, there is the well-known sovereign fund Abu Dhabi Investment Authority (adia).
Goertek Inc(002241) said in the survey that the launch of a number of new products and technologies in the second half of the year or even next year will further solve the pain points of users, and many contents not limited to games are also being launched one after another. Cultural tourism, education, real estate, live broadcasting and entertainment all have great innovation space. Combined with hardware upgrading, it will further promote the application of VR.
According to the Research Institute of Anxin securities, Goertek Inc(002241) as the world's leading manufacturer of VR machines, long-term cooperation with famous customers such as meta and Sony will give priority to the rapid development of VR / AR industry. With the launch of new VR products and product iteration, the value of VR OEM of the company is expected to increase simultaneously.
Galaxy Securities Research Institute believes that with the upgrading and normalization of information consumption and the increasing attention of "meta universe", VR / AR is expected to become a new generation of consumer terminals, and VR / AR key devices such as optical lenses and screens are expected to usher in rapid development.
Gigadevice Semiconductor (Beijing) Inc(603986) : the government pays attention to the development of automotive electronics
On April 28, 354 institutional investors surveyed Gigadevice Semiconductor (Beijing) Inc(603986) , including head public offering huitianfu fund, e fund, South Fund, Xingzheng Global Fund, well-known private Jinglin assets, as well as well-known foreign capital BlackRock assets, luberman, Wellington, etc.
Gigadevice Semiconductor (Beijing) Inc(603986) is a leading chip design company in China. Its products are used in handheld mobile terminals, consumer electronics, personal computers and peripherals, networks, telecommunications equipment, medical equipment, office equipment, automotive electronics and industrial control equipment.
As for the positions of public offering institutions, as of the end of the first quarter of this year, Cai Songsong's noan growth held 2.66% of the circulating a shares, and the funds under e fund Zhang Qinghua and Wanjia fund Huang Xingliang also held some shares. In addition, the national integrated circuit industry investment fund also held a high proportion.
In view of the progress of MCU in vehicle regulations that investors are concerned about, Gigadevice Semiconductor (Beijing) Inc(603986) said that at present, many R & D is carried out around MCU and vehicle regulations. The government also pays great attention to the development of automotive electronics and calls on IC enterprises to actively invest in supporting the development of Automotive industry.
Galaxy Securities Research Institute believes that in terms of intelligent vehicles, the transformation of electric and intelligent vehicles will promote the rapid expansion of the automotive electronic market. It is expected that the scale of the automotive electronic information market will exceed US $300 billion by 2030. China's automotive electronics industry chain will benefit from the rise of Chinese auto enterprises and the rapid penetration of technology companies, ushering in a golden period of development.
Luxshare Precision Industry Co.Ltd(002475) : the concept of "bell mouth" exists in smartphone business
On April 28, 352 institutional investors surveyed Luxshare Precision Industry Co.Ltd(002475) , including head public offering huitianfu fund, Boshi fund, Harvest Fund, well-known investment companies Sequoia Capital and Gaoyi assets, as well as well-known foreign investors such as Singapore government investment and Morgan Stanley.
at present, the products developed by fruit chain giant Luxshare Precision Industry Co.Ltd(002475) company are widely used in 3C (computer, communication, consumer electronics) and automotive, medical and other fields
In terms of positions held by public offering institutions, as of the end of the first quarter of this year, there were many well-known fund managers of the company, including Zhou Weiwen and Ge Lan of China Europe Fund, Zhou Keping of Huaxia Fund, Zhu Shaoxing of Wells Fargo fund, Lao jienan and Guo Beibei of huitianfu fund, and Fu Pengbo of Ruiyuan fund.
In view of the development and profit outlook of the smartphone business that investors are concerned about, Luxshare Precision Industry Co.Ltd(002475) said that for any complete machine or new product in the smartphone business, there is a bell mouth concept. The initial investment is large, but only a small output can achieve a relative balance to a certain extent. Such input and output conditions are relatively normal.
Luxshare Precision Industry Co.Ltd(002475) stressed that last year, the company's performance on new products was as expected, and small losses were normal. Although 2021 was greatly affected by external pressure and failed to achieve profit, the first quarter of this year was not only better than last year, but also better than expected.
Everbright Securities Company Limited(601788) Research Institute believes that Apple business is still the core growth momentum of Luxshare Precision Industry Co.Ltd(002475) . Galaxy Securities Research Institute believes that in terms of smart phones, it is optimistic about the certainty of Apple's industrial chain growth. With the gradual reduction of the impact of the epidemic and the improvement of the supply chain, the demand of the mobile phone market has been at the bottom stage. Apple mobile phone is still the link with the highest growth certainty in the industrial chain, and the average valuation level of related targets in the apple industrial chain is at a historically low range.
