Today (January 19), A-Shares were significantly differentiated, the Shanghai index rose and fell, and the gem showed a trend of shock and decline. On the disk, industries such as games, cement and building materials, tourism and hotels, education, steel and commercial department stores led the increase, while energy metals, batteries, aerospace and auto parts led the decline. In terms of theme stocks, cloud games, NFT concept, online tourism, etc, digital reading and covid-19 drugs led the rise; Lithium extraction from salt lakes, diamond cultivation, power batteries, rare earth permanent magnets and so on led the decline.
the prefabricated dish “tuyere” Shandong Delisi Food Co.Ltd(002330) on the station increased the limit for six consecutive trading days, and the company prompted the risk
Shandong Delisi Food Co.Ltd(002330) (002330) rose the limit again on the 19th, but opened the board many times. As of the close, the stock continued to seal the trading limit. So far, the stock has been trading for six consecutive trading days since January 12.
Shandong Delisi Food Co.Ltd(002330) in the record of investor relations activities disclosed on January 11, 2022, it is pointed out that the proportion of the company’s Prefabricated vegetable business in the b-end and C-end business is 7:3. In 2020, the volume of prefabricated vegetables in a narrow sense (excluding low-temperature meat products) is more than 400 million, and the revenue increases rapidly in 2021. It is expected that the revenue of prefabricated vegetables in 2022 will be about 1.2 billion yuan. At present, the company’s production capacity of prefabricated vegetables has not been fully released. It is expected that with the expansion of air outlet and the expansion of b-end customer resources in 2022, it is feasible to double the revenue of prefabricated vegetables.
In terms of production capacity, the production capacity of prefabricated vegetables in 2021 is about 30000 tons, and the production capacity of prefabricated vegetables under construction of the company is 150000 tons, of which the production capacity of Shandong headquarters is 100000 tons, and some trial production has been started; In addition, the production capacity of 50000 tons of prefabricated vegetables in Shaanxi base is expected to be put into operation in July 2022. By the end of 2022, the production capacity of prefabricated vegetables will reach 150000 tons, which is expected to reach full production in 2024.
In the subsequent announcement, the company pointed out that in recent years, in line with the trend of chain operation, cost reduction and efficiency increase in the catering industry, in order to bring more convenient and convenient cooking and dining solutions to consumers, the prefabricated vegetable industry has ushered in new opportunities for development. Taking advantage of its own R & D, production and logistics advantages, the company continues to make efforts in the b-end supply chain. In recent years, the main service objects are large catering chain enterprises, enterprises and institutions. In the future, the company will continue to focus on the promotion of b-end + key customers, focus on market network construction and brand construction, constantly strengthen the brand influence of advantageous regions, expand product coverage, improve market share, and quickly occupy the Chinese market through multi-channel, extensive and deep cultivation. In 2020 and the first three quarters of 2021, the operating revenue of the company’s Prefabricated dishes related products accounted for about 11.22% and 9.79% of the company’s overall operating revenue respectively. In the first three quarters of 2021, the gross profit margin and net profit margin of prefabricated vegetable related products were about 20% and 2.78% respectively.
multiple positive catalysis! Media sector rose sharply, and institutions suggested to pay attention to three main investment lines
On January 19, the media sector strengthened. As of press time, Jishi Media Co.Ltd(601929) 3 connected board, Guizhou Bc&Tv Information Network Co.Ltd(600996) 2 connected board, Tvzone Media Co.Ltd(603721) , Simei Media Co.Ltd(002712) and other limits rose, and Chinese Universe Publishing And Media Group Co.Ltd(600373) , Tangel Culture Co.Ltd(300148) and others followed.
The 14th five year plan for digital economy development issued by the State Council recently points out that it will support the cultivation of new business forms of digital economy, promote the healthy development of platform economy, and guide and support platform enterprises to strengthen the integration and sharing of data, products, content and other resources; Improve the multi value transmission and contribution distribution system, and orderly guide the development of new employment and entrepreneurship platforms such as diversified social networking, short video and knowledge sharing.
Tianfeng Securities Co.Ltd(601162) said that in the short term, as an important film season, the box office concentration effect of the Spring Festival is expected to continue. It is suggested to pay attention to the companies related to the Spring Festival. Although the film market has experienced a cold winter in the past two years, the long-term logic of high-quality film and television content and cinema companies has not changed, and it is expected to improve the head concentration. As a post epidemic sector, if the epidemic situation is effectively controlled, the sector can rebound.
In terms of investment opportunities, Central China Securities Co.Ltd(601375) suggests paying attention to: (1) the film sector. The “local Chinese New Year” mode continued in 2022 is also expected to create better box office results, but repeated outbreaks in some parts of China may have a certain negative impact.
(2) game section. It is suggested to grasp the main investment lines such as sea going strategy, cloud games, VR / AR, game product launch cycle and market performance.
(3) virtual human technology. At present, virtual human technology has been tested in large-scale programs on mainstream media platforms. Although at present, virtual human technology is still mainly used in Pan entertainment fields such as virtual idol, e-commerce live broadcast, short video and news variety shows, in the future, the application scenario of virtual human technology may be further expanded to intelligent office, social networking, finance, education, medical treatment and other fields. As one of the underlying technologies of the meta universe, virtual human technology has relatively large application space.
large infrastructure sector continues to strengthen institutions: 2022 infrastructure investment or welcome a “good start”
In the morning trading on January 19, the large infrastructure sector continued to strengthen, and most stocks in building materials, construction machinery, steel and other sectors rose. Among them, the building materials sector showed the strongest performance, Beijing Hanjian Heshan Pipeline Co.Ltd(603616) , Yunnan Bowin Technology Industry Co.Ltd(600883) limit, Gansu Shangfeng Cement Co.Ltd(000672) , Anhui Conch Cement Company Limited(600585) , Beijing New Building Materials Public Limited Company(000786) and other stocks rose ahead.
In terms of news, the national development and Reform Commission said at a regular press conference that it should appropriately carry out infrastructure investment in advance, accelerate the promotion of 102 major engineering projects in the 14th five year plan, implement the local government special bonds issued in the fourth quarter of last year to specific projects as soon as possible according to the requirements of “funds follow the projects”, and pay close attention to the issuance of the issued quota, Strive to form more physical workload in the first quarter.
Tianfeng Securities Co.Ltd(601162) said that the demand for steady economic growth in 2022q1 may be stronger than that in the past five years. On the premise of accelerated special debt, pre fiscal and sufficient reserves of major projects, it is expected that the growth rate of infrastructure in 2022q1 is expected to improve significantly month on month, with a year-on-year growth rate of more than 5% in a single quarter.
Guotai Junan Securities Co.Ltd(601211) believes that as of January 9, 15 regions such as Fujian, Shaanxi, Shandong, Jiangsu and Zhejiang have disclosed local bond issuance plans in the first quarter, issuing a total of 700.134 billion yuan of new local bonds and 71.25 billion yuan of refinancing bonds. Subsequently, many places such as Henan and Hubei will also continuously disclose special bond issuance plans. Local government special bonds are an important source of funds for local construction projects and play an important role in expanding effective investment. Combined with the statement of “moderately ahead of infrastructure investment” at the central economic work conference, it is expected that the proportion of special bond funds invested in infrastructure will increase. Infrastructure investment is expected to pick up structurally in 2022 and usher in a “good start”.
cloud computing and big data concepts are active again Sgsg Science&Technology Co.Ltd.Zhuhai(300561) , Beijing Dataway Horizon Co.Ltd(301169) and other multi stock trading limits
Cloud computing and big data concepts became active again in the session on the 19th, with individual stocks rising the limit. As of press time, Sgsg Science&Technology Co.Ltd.Zhuhai(300561) “20cm” limit, Jc Finance & Tax Interconnect Holdings Ltd(002530) , Beijing Vastdata Technology Co.Ltd(603138) , Inspur Software Co.Ltd(600756) limit and other limits; In terms of big data concept, Beijing Dataway Horizon Co.Ltd(301169) , Servyou Software Group Co.Ltd(603171) , Shenzhen Asia Link Technology Development Co.Ltd(002316) , Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) , Xiamen Anne Co.Ltd(002235) and other trading limits.
In terms of news, the State Council recently issued the “14th five year plan for digital economy development”. The plan proposes to orderly promote the expansion of backbone network, jointly promote the construction of gigabit optical fiber network and 5g network infrastructure, promote 5g commercial deployment and large-scale application, prospectively lay out 6G network technology reserves, increase 6G technology R & D support, and actively participate in promoting 6G international standardization. The plan points out that by 2025, the added value of China’s core industries of digital economy will account for 10% of GDP, the number of IPv6 active users will reach 800 million, the number of Gigabit broadband users will reach 60 million, and the construction of network infrastructure is expected to accelerate.
According to the prediction of statista, an international authoritative organization, the global data generation will reach 47zb in 2020, and the global data volume will usher in further growth, reaching 2142zb in 2035. The plan points out that data elements are the core engine of the deepening development of digital economy. The multiplier effect of data on improving production efficiency has become increasingly prominent and has become the production factor with the most characteristics of the times. During the 13th Five Year Plan period, the compound annual growth rate of China’s data factor market reached more than 30%. According to the prediction of the national industrial information security development research center, during the 14th Five Year Plan period, the scale of China’s data element market will reach 174.9 billion yuan
China Securities Co.Ltd(601066) believes that whether it is industrial Internet platform applications, enterprises going to the cloud, or the establishment of data element market, its bottom layer is inseparable from cloud computing. In particular, it is expected to promote the development of private cloud and hybrid cloud, which will further boost China’s cloud computing infrastructure investment. As a medium and long-term growth industry, cloud computing is optimistic about future demand, and IDC industry is undergoing supply side reform. It is recommended to lay out the cloud infrastructure industry chain, IDC, ICT equipment, etc.
the price of spring ploughing fertilizer may still operate at a high level, and the capacity utilization rate will rebound after reaching the bottom (with shares)
Jin Xiandong, director of the Policy Research Office of the national development and Reform Commission, said that the supply of chemical fertilizer for spring ploughing this year is guaranteed, but considering the difficulty of further sharp decline in production costs, it is expected that the price of chemical fertilizer for spring ploughing may still operate at a high level. In the next step, the national development and Reform Commission will, in accordance with the decisions and arrangements of the Party Central Committee and the State Council, give full play to the role of the working mechanism of ensuring the supply and price of chemical fertilizer, strengthen departmental cooperation and consultation, strengthen industrial operation monitoring, ensure the supply of chemical fertilizer production factors such as coal, electricity, natural gas and sulfur, and further give play to the positive role of import and export regulation and reserve throughput in ensuring the supply and price stability of chemical fertilizer market, At the same time, we will vigorously promote the reduction and efficiency of chemical fertilizer, guide farmers to use fertilizer scientifically, take multiple measures at the same time, do a good job in ensuring the supply and price of chemical fertilizer this winter and next spring, fully protect farmers’ enthusiasm for growing grain, and effectively consolidate the foundation for a good harvest of summer grain.
Sinolink Securities Co.Ltd(600109) pointed out that the supply side reform and limited new production capacity have greatly improved China’s past surplus supply of chemical fertilizer, and the profit of chemical fertilizer products has shown a central upward trend. In recent years, China has carried out supply side reform for industries with excess capacity, and gradually cleared the excess capacity in the industry through environmental protection rectification and returning to the park. Through the two-way control of supply and demand, the capacity utilization rate in the industry has rebounded after reaching the bottom, and the industry pattern has been gradually improved. At the same time, the new capacity of nitrogen and phosphorus fertilizer in China is relatively limited. As a coal chemical product, nitrogen fertilizer is subject to two-way constraints of energy consumption and carbon emission, and the new capacity is regulated; Ammonium phosphate products are located in the national list of restricted production capacity. According to the 14th five year plan, the new production capacity will also be strictly limited. The superimposed industry will continue to eliminate the expanded production capacity, and the industry pattern is expected to be continuously optimized.
The agency believes that this winter’s urea supply is better than usual, but it is relatively orderly, and the price is expected to run within the range. It is expected that the start-up of urea in winter will be relatively stable, and it is difficult for urea to form the supply and demand basis for sharply raising the price in previous years, but the demand support and orderly start-up will support the maintenance of the range operation of urea price. It is still optimistic about the improvement and cyclical weakening of urea profit center for a long time. It is suggested to pay attention to coal urea production enterprises Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) and gas urea production enterprises Sichuan Meifeng Chemical Industry Co.Ltd(000731) . In addition, the long-term pattern of ammonium phosphate is improving, and the short-term price is expected to operate relatively smoothly. In the long run, the ammonium phosphate industry continues to clear the backward production capacity at the supply end and optimize the industry pattern. At the same time, under the situation of relatively stable agricultural demand in the downstream, the demand for new energy positive materials will provide space for further improvement of the industry pattern. It is expected that phosphorus chemical products and upstream phosphorus ores will operate better in the long run, It is suggested to pay attention to phosphorus chemical enterprises such as Yunnan Yuntianhua Co.Ltd(600096) , Shanghai Zhongyida Co.Ltd(600610) .
the transportation plan of the 14th five year plan is issued, and the transportation development will move forward to the world-class level (with shares)
The 14th five year plan for the development of modern comprehensive transportation system issued on January 18 proposed that by 2025, the integrated development of comprehensive transportation will be basically realized, the intellectualization and greening will make a substantive breakthrough, the comprehensive capacity, service quality, operation efficiency and overall benefits will be significantly improved, and the development of transportation will move forward to the world-class level.
In terms of railway, the main channel of “eight vertical and eight horizontal” high-speed railway is the main framework, the regional connecting lines of high-speed railway are connected, and some intercity railways taking into account the functions of trunk lines are supplemented. The high-speed railway network with a speed standard of 250 km and above is mainly adopted, covering more than 95% of cities with a population of more than 500000, and the bottleneck sections of ordinary speed railway are basically eliminated.
Galaxy Securities pointed out that by the end of 2020, China’s railway business mileage had reached 146300 kilometers, including 37929 kilometers of high-speed railway, and the mileage of high-speed railway was the first in the world. The development of China’s high-speed railway has experienced the process from introduction, digestion and absorption to re innovation. During the 13th Five Year Plan period, the localization rate of high-speed railway equipment has increased year by year, and the Chinese standard system has been released. The Chinese standard EMU covers models ranging from 160 km to 400 km. The high-speed railway has also become a beautiful business card for China’s high-end equipment manufacturing. In the 14th five year plan, the development task of railway will change from construction scale to scientific and technological innovation, promote high-quality development, and become the original innovation and core technology center in the development of Railway Science and technology in the world.
The localization rate of core components of China’s high-speed railway is high. At present, the unfinished localization mainly focuses on core components such as braking system, axle, bearing and IGBT. It is estimated that the annual market space of braking system is about 8-10 billion and that of axle is about 4-5 billion. In addition to the core components to be broken through, the plan also puts forward requirements in the integration of new generation information technology and the upgrading of tunneling technology. In terms of targets, related targets in the field of vehicle equipment are Crrc Corporation Limited(601766) , CRRC Zhuzhou Crrc Times Electric Co.Ltd(688187) , Guangdong Huatie Tongda High-Speed Railway Equipment Corporation(000976) ; Relevant targets in the field of TBM China Railway Hi-Tech Industry Corporation Limited(600528) , China Railway Construction Heavy Industry Corporation Limited(688425) ; Relevant targets in the field of communication signals China Railway Signal & Communication Corporation Limited(688009) ; CRRC Zhuzhou Crrc Times Electric Co.Ltd(688187) related to IGBT.
