Although three weeks have passed since 2022, Shandong A-share Legion has not ushered in the first rise in the total market value of the new year sector, and in the continuous decline, it fell to 4 trillion yuan again in the third week of January (from January 17, 2022 to January 23, 2022, hereinafter referred to as “last week”).
As of January 23, 2022, there were 269 A-share listed companies in Shandong, with a total market value of 3962.729 billion yuan, ranking sixth in the country, a decrease of 84.651 billion yuan compared with the previous week. This is also the third consecutive week of decline in the total market value of Shandong sector, with a cumulative decline of nearly 200 billion yuan.
From the performance of individual stocks, as of last week, the largest market value of Shandong sector was Wanhua Chemical Group Co.Ltd(600309) (600309, SH), but the market value of the company, which is expected to create the best performance in history in 2021, fell below the threshold of 300 billion yuan. Among other Shandong stocks, Haier Smart Home Co.Ltd(600690) (600690, SH) has the largest increase in market value and Avic Shenyang Aircraft Company Limited(600760) (600760, SH) has the largest decrease in market value; Jinan High-Tech Development Co.Ltd(600807) (600807, SH), whose share price rose nearly 50% in the second week of January, became the company with the largest decline in Shandong last week.
In addition, in the third week of January, the total net repayment of financing in Shandong was 1.424 billion yuan, and 11 listed companies in Shandong were surveyed by institutions, Shandong Gold Mining Co.Ltd(600547) (600547, SH), Yantai Changyu Pioneer Wine Company Limited(000869) (000869, SZ), Shandong Sun Paper Co.Ltd(002078) (002078, SZ), Joyoung Co.Ltd(002242) (002242, SZ) were favored by main funds, northbound funds and financing funds at the same time.
For more information on the development of Shandong regional capital market, let’s take a look at this issue’s “overview of Shandong shares”.
Shandong A-share rhythm: the sector has been added for two consecutive weeks, and the Yantai Jereh Oilfield Services Group Co.Ltd(002353) subsidiary has been split and listed
Although the total market value has been declining continuously, new members have joined for two consecutive weeks, which also makes Shandong A-share Corps show signs of upward in 2022.
As of January 23, 2022, there were 269 A-share listed companies in Shandong. Among them, there are 88 main boards of Shanghai Stock Exchange and 18 scientific innovation boards; There are 100 main boards of Shenzhen Stock Exchange and 56 gem; 7 Beijing stock exchanges.
By Prefecture, among the 16 prefecture level cities in Shandong, the top five cities (prefecture level administrative regions) with the most listed companies are Qingdao (57), Yantai (45), Jinan (43), Zibo (29) and Weifang (29).
In the third week of January, from the perspective of IPO, there were no new declared companies or new enterprises in Shandong. However, after Tianyue advanced (688234, SH) landed on the science and innovation board in the second week of January, Shandong added another listed company: Deshi shares (301158, SZ) in the third week of January.
Dezhou United Petroleum Technology Co., Ltd. is the full name of Deshi. On January 17, the holding subsidiary of Yantai Jereh Oilfield Services Group Co.Ltd(002353) was “listed on the gem of Shenzhen Stock Exchange”. This is also the first GEM listed company in Shandong Province this year, the 11th listed company from Dezhou City and the second listed company from Dezhou Economic and Technological Development Zone.
Deshi shares previously disclosed that its predecessor was Dezhou machinery factory, which was originally a subsidiary of Xinxing company, a wholly-owned subsidiary of Sinopec. It came from the separation of main and auxiliary and restructuring and diversion of Sinopec in 2004.
The reporter of the daily economic news noted that Dezhou machinery factory has begun to establish business cooperation with drilling and oilfield units subordinate to PetroChina and Sinopec since the mid-1980s. It has been engaged in the production and sales of screw drilling tools since the 1990s, and has become one of the three well-known manufacturers engaged in the production of screw drilling tools in the early stage.
In 2011, Yantai Jereh Oilfield Services Group Co.Ltd(002353) used the over raised capital of 138.2059 million yuan to increase the capital of Deshi Co., Ltd., of which 21.4428 million yuan was included in the registered capital. After the capital increase, Yantai Jereh Oilfield Services Group Co.Ltd(002353) held 35.74% of its equity.
After the capital increase, Yantai Jereh Oilfield Services Group Co.Ltd(002353) continued to transfer the equity of Deshi Co., Ltd. (the predecessor of Deshi Co., Ltd.), and the shareholding ratio exceeded 50% in 2014, reaching about 53.65%, realizing the consolidated statement of Deshi Co., Ltd.
In June 2017, Deshi Co., Ltd. was changed into a joint-stock company, and the company was listed on the new third board in March 2018; After the introduction of the spin off listing policy, in April 2020, Yantai Jereh Oilfield Services Group Co.Ltd(002353) decided to spin off Deshi shares for initial listing on the gem.
Since then, as the holding subsidiary of private oil service giant Yantai Jereh Oilfield Services Group Co.Ltd(002353) , Deshi’s impact on A-Shares accelerated in the second half of 2020. The listing application was accepted by the Shenzhen Stock Exchange in November 2020, and passed the review of the municipal Party Committee on the gem in July 2021. In November 2021, it was finally approved by the CSRC for IPO registration on the gem.
Now, Deshi shares officially landed on the gem, which also means that the investment Yantai Jereh Oilfield Services Group Co.Ltd(002353) 11 years ago will get a greater return.
Plate trend: the total market value fell by 4 trillion mark, and the market value of Wanhua Chemical Group Co.Ltd(600309) fell below 300 billion
In the A-share market, the market value is undoubtedly an important indicator of the comprehensive strength of listed companies and regional sectors. However, as an important part of a shares, the performance of Shandong Legion after entering 2022 may exceed the expectations of the secondary market.
As of January 23, 2022, the total market value of Shandong sector was 3962.729 billion yuan, down 2.09% (weighted average) from 4047.38 billion yuan in the previous week. Since 2022, the total market value of Shandong sector has declined for three consecutive weeks, with a total shrinkage of nearly 200 billion yuan, and returned to below 4 trillion yuan in the continuous shrinkage.
The reporter of “daily economic news” found that 269 listed companies in Shandong mainly focus on chemical industry, medicine and biology and household appliances in terms of market value.
Nationwide, the total market value of Shandong sector ranked sixth in the country in the third week of January. Compared with the fifth place Jiangsu, it is 3189.645 billion yuan less. From a regional perspective, the total market value of Shandong sector ranks fourth in East China. (no statistics on the ranking of provinces, regions and cities, Hong Kong, Macao and Taiwan, China)
According to statistics, compared with Jiangsu, the total number of Listed Companies in Shandong is 308 less than that in Jiangsu; The number of companies with a market value of 100 billion yuan is 3 less than that in Jiangsu; The number of Sci-tech Innovation Board companies is 56 less than that in Jiangsu; The number of newly listed companies this year is 5 less than that in Jiangsu.
By the end of last week, there were seven listed companies with a market value of 100 billion yuan in Shandong sector, namely Wanhua Chemical Group Co.Ltd(600309) , Haier Smart Home Co.Ltd(600690) , Goertek Inc(002241) (002241, SZ), Weichai Power Co.Ltd(000338) (000338, SZ), Tsingtao Brewery Company Limited(600600) (600600, SH), Avic Shenyang Aircraft Company Limited(600760) (600760, SH) and Yankuang energy (600188, SH).
It is worth noting that in the second week of January, there were only six members of Shandong 100 billion Corps. The addition of Yankuang energy also added some morale to the sluggish Shandong Corps in 2022.
As of January 23, the largest market value of Shandong sector was Wanhua Chemical Group Co.Ltd(600309) .
In the second week of January, the market value of Wanhua Chemical Group Co.Ltd(600309) decreased by more than 20 billion yuan, but the performance forecast released after the closing of Wanhua Chemical Group Co.Ltd(600309) on January 17 showed that the company made more than 24 billion yuan in 2021, setting a new annual performance high.
Although the performance was strong, it did not support Wanhua Chemical Group Co.Ltd(600309) in the secondary market. In the third week of January, the share price of Wanhua Chemical Group Co.Ltd(600309) fell below the 300 billion yuan mark and fell back to 294.1 billion yuan, down another 6 billion yuan from the previous week.
Compared with Wanhua Chemical Group Co.Ltd(600309) , Avic Shenyang Aircraft Company Limited(600760) was the company with the largest shrinkage in Shandong last week, with a shrinkage of 13.567 billion yuan. In terms of rise and fall, Shandong company with the largest increase last week was digital people (835670, BJ), with an increase of 50.42%. The biggest decline was Jinan High-Tech Development Co.Ltd(600807) , with a decline of 25.34%.
In the second week of January, Jinan High-Tech Development Co.Ltd(600807) was also the enterprise with the largest increase in the market value of Shandong sector. Prior to January 12, January 13 and 14, the company’s shares rose continuously.
Jinan High-Tech Development Co.Ltd(600807) said that after the company’s self-examination and verification with the controlling shareholders of the company, except for the disclosed matter that the company’s subsidiary plans to acquire part of the equity of Shandong aikewei Biotechnology Co., Ltd. and the company’s subsidiary plans to sell 100% equity of nqm gold 2 Pty Ltd to the subsidiary of the related party Shandong Yulong Gold Co.Ltd(601028) , as of the disclosure date of the announcement, There are no major events that should be disclosed but not disclosed.
In addition, among the top ten in the sector, the top ten seats of Shandong A-share corps also changed greatly last week. Compared with the previous week, Tsingtao Brewery Company Limited(600600) ranked 1 place forward, rising from 6th to 5th; Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) (600426, SH) advanced two places, rising from 11th to 9th, and entering the top 10 in market value; Avic Shenyang Aircraft Company Limited(600760) ranking dropped by 1 place, from 5th to 6th; Zhongtai Securities Co.Ltd(600918) (600918, SH) dropped by 1 place from 9th to 10th.
Capital trend: 1.424 billion yuan of financing net repayment of Shandong shares, and 11 companies were investigated by institutions
Since 2022, although the market value of the sector has shrunk continuously, Shandong A-share Corps has continued to get the favor of funds.
In terms of financing funds, in the third week of January, the total net repayment of financing of Shandong sector was 1.424 billion yuan. The Shandong stock with the largest net purchase of financing is Inspur Software Co.Ltd(600756) (600756, SH), with an amount of 175 million yuan. Followed by Wanhua Chemical Group Co.Ltd(600309) (98.85 million yuan) and Shandong Xinchao Energy Corporation Limited(600777) (600777, SH) (79.99 million yuan).
Among them, since 2017, Wanhua Chemical Group Co.Ltd(600309) has maintained a net profit of more than 10 billion yuan for five consecutive years. Last year, the company expected net profit to exceed 20 billion yuan for the first time, a record high.
It is worth noting that MDI is the flagship product of Wanhua Chemical Group Co.Ltd(600309) polyurethane sector, with a production capacity of about 2.6 million tons, accounting for nearly 30% of the global market share, and is the world’s largest MDI manufacturer.
Since 2021, overseas MDI devices are generally old, and the power and supply chain system is fragile. Under the influence of extreme weather, epidemic and other factors, the probability of force majeure of overseas devices still exists, and MDI exports are expected to continue to grow high. According to China’s customs data, from January to November 2021, China’s cumulative exports of aggregated MDI and pure MDI were 939000 tons and 111100 tons, with a year-on-year increase of 72.6% and 23.7%. The United States remains the largest export destination.
At present, Wanhua Chemical Group Co.Ltd(600309) in addition to leading the global production capacity, the production expansion efforts also surpass other manufacturers. The construction of its 400000 T / a MDI project in Fujian has started and is expected to be put into operation in 2023.
In addition, in 2021 Wanhua Chemical Group Co.Ltd(600309) , the technical transformation and capacity expansion of Yantai MDI unit of 1.1 million tons / year was completed, which effectively guaranteed the market supply of MDI. As well as the company’s million ton ethylene and other new units were put into operation, the production and sales of petrochemical products increased year-on-year, and the market competitiveness of fine chemicals was improved by virtue of good quality and stable supply.
In terms of block transactions, in the third week of January, 8 companies in Shandong sector, including Shandong Delisi Food Co.Ltd(002330) (002330, SZ), Shandong Fengyuan Chemical Co.Ltd(002805) (002805, SZ), Mesnac Co.Ltd(002073) (002073, SZ), had block transactions. Among them, Shandong Delisi Food Co.Ltd(002330) block transaction volume is the highest, with 123 million yuan.
In terms of institutional research, according to wind statistics, 11 listed companies in Shandong received institutional research in the third week of January. Among them, 39 institutions visited Pansoft Company Limitid(300996) (300996, SZ), 14 institutions visited Shandong Xinhua Pharmaceutical Company Limited(000756) (000756, SZ), 14 institutions visited Shandong Wit Dyne Health Co.Ltd(000915) (000915, SZ), 8 institutions visited Tungkong Inc(002117) (002117, SZ), and 5 institutions visited Shandong Nanshan Fashion Sci-Tech Co.Ltd(300918) (300918, SZ).
14 institutions visited Shandong Xinhua Pharmaceutical Company Limited(000756) on January 19. In response to relevant questions about the price trend of API, Shandong Xinhua Pharmaceutical Company Limited(000756) said that since 2021, affected by the epidemic situation, “double control” and other factors, the price of chemical raw materials and logistics costs have increased. In addition, affected by exchange rate fluctuations, the operating cost of the company has increased significantly, the price of API has increased, and some enterprises have insufficient production capacity, Lead to changes in the relationship between market supply and demand, thus contributing to the rise of API prices. Under the control of national macro policies, the prices of some bulk raw materials have fallen, but they are still running at a high level. The price of the company’s API remained basically unchanged.
In the third week of January, the shareholding ratio of northbound funds to Inspur Electronic Information Industry Co.Ltd(000977) (000977, SZ) increased by 1.02 percentage points, the shareholding ratio of northbound funds to Jinlei Technology Co.Ltd(300443) (300443, SZ) increased by 0.91 percentage points, and the shareholding ratio of northbound funds to Shandong Chenming Paper Holdings Limited(000488) (000488, Sz) increased by 0.66 percentage points.
In terms of main funds, in the third week of January, the net purchase amount of Shandong Shida Shenghua Chemical Group Company Limite(603026) (603026, SH) ranked first, with 210 million yuan, followed by Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) (160 million yuan) and Inspur Software Co.Ltd(600756) (155 million yuan).
It is worth noting that Pansoft Company Limitid(300996) was investigated by 39 institutions and favored by main funds and financing funds at the same time. Tungkong Inc(002117) was investigated by 8 institutions and favored by main funds and financing funds at the same time. Shandong Gold Mining Co.Ltd(600547) , Yantai Changyu Pioneer Wine Company Limited(000869) , Shandong Sun Paper Co.Ltd(002078) , Joyoung Co.Ltd(002242) are favored by main funds, northbound funds and financing funds at the same time.
