Market review this week. This week, the wind new material index closed at 431855 points, up 6.02% month on month. Among them, Levima Advanced Materials Corporation(003022) (19.24%), Hoshine Silicon Industry Co.Ltd(603260) (17.43%), Shanghai Pret Composites Co.Ltd(002324) (13.41%), Kbc Corporation Ltd(688598) (10.1%), Tianjin Zhonghuan Semiconductor Co.Ltd(002129) (9.89%); The top five declines were Sinofibers Technology Co.Ltd(300777) (- 6.11%), Shanghai Aladdin Biochemical Technology Co.Ltd(688179) (- 3.64%), Ningbo Changhong Polymer Scientific & Technical Inc(605008) (- 1.96%), Xi’An Manareco New Materials Co.Ltd(688550) (- 1.76%), Cathay Biotech Inc(688065) (- 1.66%). Among the six sub industries, the semiconductor material index of Shenwan tertiary industry closed at 746615 points, up 5.99% month on month; Shenwan tertiary industry display material index closed at 966.14 points, up 3.76% month on month; The organosilicon material index of CITIC’s tertiary industry closed at 831282, up 5.89% month on month; CITIC’s tertiary industry carbon fiber index closed at 417099 points, up 10.1% month on month; The lithium battery index of CITIC’s tertiary industry closed at 4593.6 points, up 5.51% month on month; The wind concept degradable plastics index closed at 172561, up 2.41% month on month.
Shanghai’s integrated circuit industry accelerated the resumption of work. The epidemic has had a certain impact on integrated circuit enterprises in the Yangtze River Delta. Since the outbreak of this round of epidemic, the production lines of leading enterprises in Shanghai have never stopped, chip manufacturing enterprises have maintained more than 90% of the production capacity, and Semiconductor Manufacturing International Corporation(688981) , Huahong group and Jita semiconductor have maintained full production, driving a number of supporting enterprises in the industrial chain such as equipment, materials and sealing and testing to speed up the resumption of work.
Shanghai Customs has taken many measures to ensure the security and stability of the supply chain. On May 18, in order to support enterprises to expand their resumption of work and production, Shanghai Customs issued 12 measures to ensure the safety and stability of the industrial chain supply chain, including opening a “green channel” for the whole industrial chain such as integrated circuit, biomedicine and automobile manufacturing. The scope of customs clearance facilitation measures is expanded from key enterprises to the upstream and downstream of the industrial chain supply chain, and the coverage of goods is expanded from finished products to raw materials, intermediate products and related manufacturing equipment. At the same time, Shanghai Customs assessed the IC enterprises in the “white list” of resumption of work and production in Shanghai, and temporarily exempted the imported photoresists that meet the requirements from sampling and inspection.
Recommendation of key targets: downstream demand promotes industrial upgrading and innovation, and the industry has entered a period of rapid development. China continues to promote manufacturing upgrading, the demand for high-standard and high-performance materials will be gradually released, and the new material industry is expected to develop rapidly. China’s leading anti-aging agent Rianlon Corporation(300596) . The conflict between Russia and Ukraine broke out, rare gas was in short supply and the price rose rapidly. Guangdong Huate Gas Co.Ltd(688268) as the leader of special gas, it actively built an integrated sales platform of special gas. With the steady release of production expansion projects, the profitability is expected to continue to improve. It is suggested to focus on Guangdong Huate Gas Co.Ltd(688268) Shandong Sinocera Functional Material Co.Ltd(300285) the three businesses have been steadily improved, and the businesses of all sectors have gone hand in hand, benefiting from the strong demand for new energy materials and significant long-term growth. It is suggested to focus on the new material platform company Shandong Sinocera Functional Material Co.Ltd(300285) . In terms of electronic chemicals, the downstream wafer factories are gradually completed, and the chip capacity is expected to continue to be released. It is suggested to pay attention to: Anji Microelectronics Technology (Shanghai) Co.Ltd(688019) , Hubei Dinglong Co.Ltd(300054) . Under the background of carbon neutralization, the green power industry is booming and the installed capacity of photovoltaic wind power is gradually rising. It is suggested to pay attention to the leading enterprise of upstream raw material metal silicon Hoshine Silicon Industry Co.Ltd(603260) , the leading enterprise in EVA particle technology Levima Advanced Materials Corporation(003022) , the company with trichlorosilane capacity Zhejiang Xinan Chemical Indusyrial Group Co.Ltd(600596) and Tangshan Sunfar Silicon Industry Co.Ltd(603938) .
Risk tip: downstream demand is less than expected, product price fluctuation risk, new capacity release is less than expected, etc.
