On January 20, 2022, the Shanghai Composite Index closed at 3555.06 points, down 0.09%; Shenzhen composite index closed at 14198.30 points, down 0.06%. The Chongqing composite index, which we focus on, closed at 3708.94 points, down 0.60%; Sichuan composite index closed at 9213.97 points, down 0.66%. The top three stocks of Listed Companies in Sichuan and Chongqing are: Chongqing Wanli New Energy Co.Ltd(600847) (600847, 10.01%), Jinke Property Group Co.Ltd(000656) (000656, 5.71%), Chengdu Haoneng Technology Co.Ltd(603809) (603809, 5.32%). The 42 companies we focused on fell by an average of 2.20%, of which the top three stocks were: Jinke Property Group Co.Ltd(000656) (000656, 5.71%), Chengdu Haoneng Technology Co.Ltd(603809) (603809, 5.32%), New Hope Liuhe Co.Ltd(000876) (000876, 3.40%). By industry, the top three sectors in Sichuan and Chongqing are agriculture, forestry, animal husbandry and fishery (+ 3.40%), non bank finance (+ 1.26%) and banks (+ 0.86%).
On January 20, Sichuan Port Investment Group announced that Sichuan Luhai new channel development Co., Ltd. was officially established in Chengdu Tianfu new area. It will make every effort to build the brand of Western Luhai new channel, promote and improve the layout of node facilities along the Western Luhai new channel, make every effort to help industry, arrange nodes, organize goods sources, strengthen chains, promote integration, and jointly build the Western Luhai new channel at a high level, Promote the high-quality development of logistics industry in Sichuan and Chongqing. One belt, one road between the West and the inland, the Yangtze River economic belt and the Southeast Asian economies. The smooth access of the new channel will help further improve the logistics system in Sichuan and Chongqing, strengthen the radiation area of the Chengdu Chongqing economic circle, and help the growth of the transportation industry in Sichuan and Chongqing areas, and on the other hand, it will also help the various industries in the region to reduce costs. Promote business expansion and bring new development opportunities to enterprises.
Industry dynamics
The 14th five year plan for scientific and technological innovation of Chongqing (2021-2025) was officially released. It is proposed that by 2025, the regional collaborative innovation system of Chongqing will be basically completed, the framework system and core functions of the scientific and technological innovation center will initially take shape, the influence of the western (Chongqing) Science City will gradually appear, and a leading development driven by innovation and giving more play to the first mover advantage will be created, Become the birthplace of more major scientific and technological achievements and an important source of innovation in China. (China News Network)
Company dynamics
Sichuan Kexin Mechanical And Electrical Equipment Co.Ltd(300092) (300092): release the performance forecast for 2021. In 2021, the company is expected to realize a net profit of 91-98 million yuan attributable to shareholders of listed companies, with a year-on-year increase of 13.76% – 22.52%. Yibinpaperindustryco.Ltd(600793) (600793): the announcement on performance forecast for 2021 is issued. In 2021, the company is expected to realize a net profit of RMB 26.5 million-28.5 million attributable to the shareholders of the listed company and turn losses into profits.
Risk tips: economic recovery is lower than expected, covid-19 outbreak risk, raw material price fluctuation risk.
