Seven departments jointly issued the "Implementation Plan for Promoting the Renewal of Equipment in the Industrial Field"
Seven departments jointly issued the "Implementation Plan for Promoting Equipment Renewal in the Industrial Field". Among them, it is proposed to strengthen the construction of digital infrastructure. Accelerate the large-scale deployment of new network infrastructure such as the industrial Internet, the Internet of Things, 5G, and gigabit optical networks, and encourage the transformation of internal and external networks of industrial enterprises. We will build an integrated system of industrial basic computing resources and application capabilities, accelerate the deployment of industrial edge data centers, build edge computing facilities for specific scenarios, and promote the coordinated development of "cloud-edge-end" computing power. Increase the supply of high-performance intelligent computing, and build intelligent computing centers in computing hub nodes. Encourage large group enterprises and industrial parks to establish industrial Internet platforms with their own characteristics.
How big is the impact of the sudden "interest rate cut" of the brokerage?
Recently, brokerages including Bohai Securities, Dongguan Securities, Aijian Securities, Kaiyuan Securities, etc., have announced that they will adjust the annual interest rate of customer margin demand deposits to 0.2% from March or April. It is reported that affected by market interest rates, brokerages have repeatedly "cut interest rates" in the past two years, from higher interest rates to 0.25% and then to 0.2%. According to industry insiders, the interest rate cut of the brokerage has little impact on individual investors, but it has a certain impact on the brokerage itself.
Hong Kong stocks China Tianrui Cement closed down more than 99%
As of the close, it fell 99.04% to HK$0.048, with a total market value of only HK$140 million, and the market value evaporated by HK$14.548 billion (about 13.433 billion yuan) in one day. China Tianrui Cement previously announced its annual results for the year ended December last year, with a turnover of 7.889 billion yuan, down 28.6% year-on-year. The annual loss was 634 million yuan, compared with a profit of 449 million yuan in the same period last year, turning from profit to loss year-on-year, and the loss per share was 22 cents. No dividends. The office staff of Tianrui Group responded that they did not know the reason for the stock price crash, and the company's production and operation were normal.
Yellen said the U.S. government will push China to change its industrial policy, and the Ministry of Foreign Affairs responded
U.S. Treasury Secretary Janet Yellen said the U.S. government will push China to change its industrial policies that pose a threat to U.S. jobs. In this regard, Foreign Ministry spokesperson Mao Ning said that the pan-politicization and pan-security of economic and trade issues such as production capacity violates economic laws and is not conducive to the domestic industry and the stable development of the world economy. China believes that all parties should adhere to the basic norms of fair competition, openness and cooperation in the market economy, properly handle contradictions and differences in economic and trade cooperation in accordance with WTO rules, and jointly safeguard the stability of the global production and supply chain.
Four departments: three-star and above hotels should achieve full coverage of overseas bank cards
The four departments jointly issued the "Notice on Further Optimizing the Payment Services of Key Cultural and Tourism Venues and Improving the Convenience of Payment". The "Notice" clarifies that three-star and above tourist hotels, national 5A and 4A tourist attractions, national and provincial tourist resorts, and national tourism and leisure blocks should achieve full coverage of domestic and foreign bank card acceptance. Relevant business entities of key cultural and tourism venues should retain manual ticketing windows, support cash payment, and protect consumers' right to choose payment. Actively promote the establishment of foreign currency exchange business outlets in cultural and tourism venues with a large number of foreign visitors to China, and improve the level of foreign currency exchange services. We will continue to improve mobile payment services, optimize business processes, enrich product functions, and improve the convenience of mobile payment in online and offline scenarios of cultural and tourism venues.
SPC: We are conducting research on issues such as online tipping and online live marketing
Chen Yifang, president of the First Civil Trial Division of the Supreme People's Court, said at the regular policy briefing of the State Council that the Supreme People's Court is conducting research on issues such as online tipping, online live marketing, online booking, and consumer personal information protection, and the next step will be to continuously increase the judicial protection of consumer rights and interests by timely releasing typical cases and formulating judicial policies.
State Administration for Market Regulation: Maintain a strict crackdown on illegal medical cosmetology advertising
The State Administration for Market Regulation recently issued a work plan to organize and carry out a nationwide special action on advertising supervision in the field of people's livelihood from April to November 2024. The first is to maintain a high-pressure and strict crackdown on illegal medical cosmetology advertisements; the second is to strictly investigate and deal with advertisements for "miracle doctors" and "miracle medicines"; third, to strengthen the supervision of food advertisements and strictly prevent the promotion of the efficacy of health foods and the efficacy of ordinary foods; fourth, to investigate and deal with false and illegal advertisements for myopia prevention and control products in accordance with the law; and fifth, to strengthen the supervision of advertisements for cosmetics, disinfection products and other daily chemical products.
The PBOC held a discussion with three policy banks to discuss the market situation of long-term interest rate bonds
According to relevant sources, the central bank recently held a discussion with three policy banks to discuss the market situation of long-term interest rate bonds. Affected by multiple factors such as the imbalance between supply and demand, the yield of long-term interest rate bonds has fallen sharply recently. The fundamentals of the mainland's long-term macroeconomic improvement have not changed, and the current economy is steadily recovering, and the interest rate risk of long-term assets is worth paying attention to. Judging from the recently disclosed bond issuance plans, the three policy banks plan to significantly increase long-term bond issuance. Industry insiders believe that it is necessary to seize the time window to reduce the overall issuance cost throughout the year.
There are new houses in Shanghai that are less than 4,000 yuan/square meter?
According to the "Transaction Statistics" column of the website of Shanghai Real Estate Exchange Center, there were 2,382 first-hand houses with transaction prices below 4,000 yuan last month, accounting for 20.50% of the transaction area. In addition, there are 611 sets of transaction prices of 4,000 yuan ~ 7,000 yuan. The staff revealed that the transaction data of the first-hand house contains some transaction information of the resettlement house, so there will be transaction data of less than 4,000 yuan.
Passenger Car Association: Wholesale sales of new energy passenger vehicles increased by 31.1% year-on-year in March
In March, the wholesale sales of new energy passenger vehicles reached 810,000 units, a year-on-year increase of 31.1% and a month-on-month increase of 81.3%. Retail sales of new energy vehicles in March totaled 709,000 units, up 29.5% y/y and 82.5% m/m. NEV exports in March totaled 120,000 units, reflecting a 70.9% y/y increase and a 52.8% m/m increase.
CATL released a new energy storage product: zero capacity attenuation in the first five years
CATL released its new energy storage product Tianheng in 2024 at the Beijing Time Museum. According to Xu Jinmei of CATL at the press conference, CATL's new energy storage product is a standard 20-foot containerized energy storage system. The energy storage system can achieve zero attenuation of capacity and power in the first five years. The life of the lithium battery of the product will no longer dive, and 15,000 laboratory cycles will be realized.
Blizzard NetEase will officially announce "compounding" tomorrow, but there are new changes
Some self-media released news that the news of the return of Blizzard's national server will be officially announced within this week. According to sources, the announcement of the resumption of cooperation on April 10 will be issued by Blizzard officials first, and then NetEase will follow up on the official announcement, which will be around 9 a.m. to 10 a.m. Beijing time on the same day. The main content of the official announcement is that the two sides will resume the cooperation that has been interrupted before, but the specific Blizzard national server will not be launched until this summer at the earliest.
As a late-stage variety of the non-ferrous sector, the rare earth price index has quietly risen for 7 trading days
As a late-stage variety of the non-ferrous sector, the rare earth price index has quietly risen for 7 trading days. Analysts believe that the sudden surge in rare earth prices is related to the overall bullish trend of non-ferrous futures, the bottleneck of overseas mine supply and the slowdown in the growth of domestic quotas, and the current situation in Myanmar may also have a certain relationship. How far the price of rare earth can eventually go depends to a large extent on the overall trend of the non-ferrous plate, and the trend of the non-ferrous plate is closely related to gold and copper.
World Gold Council: Global gold-backed ETFs saw outflows of US$823 million in March
Global gold-backed ETF outflows continued in March (-US$823 million), but at a much slower pace than in previous months, as inflows into North America (up US$360 million) and Asia (US$217 million) cushioned losses in Europe (minus US$1.4 billion) according to the World Gold Council.
Since the end of March, the price of this important resource has continued to rebound, and the supply of overseas mines has faced bottlenecks
Baichuan floating profit data shows that on April 8, the prices of many light and heavy rare earth varieties rebounded collectively. Among them, heavy rare earth terbium oxide rose 5%, and light rare earth praseodymium neodymium oxide rose more than 3%. Since the end of March, rare earth prices have continued to rebound, with terbium oxide rising by more than 10%.
Guojin Securities pointed out that due to the high prices in 2021-2022, the supply of overseas mines has faced a bottleneck, considering that the current price has fallen to a low position and the economy of imported mines has been significantly reduced, it is judged that it will be difficult for rare earth imports in 2024 to maintain a high base in 2023, and the import volume of rare earths from January to February 2024 will decline significantly year-on-year as scheduled; In addition, due to the current energy-saving effect of rare earth permanent magnet motors is still at a good level and the penetration rate is low, under the combined effect of stricter energy efficiency supervision and the "old for new" policy, the demand for rare earth in the field of industrial motors is becoming more and more broad;
Among the listed companies, Rising Nonferrous Metals (600259) is located in the Guangdong-Hong Kong-Macao Greater Bay Area, and is the only legal rare earth mining right holder in Guangdong Province, with all the rare earth mining licenses currently approved in Guangdong Province. Mineral resources, location advantages are obvious, and the company has been deeply cultivated for many years to open up the whole rare earth industry chain, and the industry has obvious competitive advantages.
In terms of Xiamen Tungsten (600549) rare earth business, the company and Chifeng Gold jointly established a joint venture subsidiary, Shanghai Chijinxia Tungsten Metal Resources Co., Ltd., to focus on the development of rare earth resources in Laos and serve as the only platform for the development of rare earth resources operated by both parties in Laos in the future.
The main products of Zhenghai Magnetics (300224) are high-performance NdFeB permanent magnet materials, which are widely used in high-end applications such as new energy, energy saving and intelligence, including energy-saving and new energy vehicles, EPS and other automotive electrification products, inverter air conditioning, wind power generation, energy-saving elevators, automation and intelligent consumer electronics. In the field of energy-saving and new energy vehicles, the company's average coverage rate of the top 10 international automobile brands, the top 5 independent automobile brands and the top 5 new car brands has reached 90%.
The price of air tickets during the "May Day" holiday is "rising", and the agency expects that the tourism consumption during the holiday throughout the year may continue to boom
Just after the Qingming holiday, some people have begun to aim at the "May Day" holiday and make travel plans. The reporter learned that the price of air tickets during the May Day holiday has increased compared with the Qingming period. A staff member of a tourism company said that the short-term trip to Fujian as an example is 500 yuan more expensive than the usual group. The price of short-term tourist routes has increased by about 30% to 40%. Aviation rose by 50%, taking Beijing as an example, the double flight route during the "May Day" period was 1,000 yuan more expensive.
According to the data center of the Ministry of Culture and Tourism, there were 119 million domestic tourism trips during the three-day Qingming Festival holiday, an increase of 11.5% compared with the same period in 2019 on a comparable basis. Kaiyuan Securities pointed out that for the first time after 2023, the scissors gap between the number of holiday tourists/income growth will be reversed, and the logic of tourism as a cost-effective emotional consumption value will continue to be realized. Considering that the Qingming holiday is dominated by short-distance travel, and the overall consumption level is relatively low, the recovery progress of real consumption power still needs to be further verified by the long-term travel boom during the May Day holiday. Different from the retaliatory demand release support in 2023, the tourism market in 2024 is expected to continue to boom during the holiday season in 2024 based on the change of consumer concepts and the rich and perfect tourism supply.
Among the listed companies, Sante Cableway (002159) is deeply engaged in the operation of tourist passenger transportation, and the cableway and slideway projects are the key business types for development, and will focus on planning and construction in the new project expansion, and invest in the construction and operation of a number of scenic transportation products in China, among which the Hainan Monkey Island project has tried to carry out helicopter projects.
Xiangyuan Cultural Tourism (600576) has deployed high-quality tourism assets in many places across the country, and the tourism assets have covered the "Greater Xiangxi" area (Zhangjiajie, Phoenix Ancient City, Huanglongdong), the "Great Yellow Mountain" area (Qiyun Mountain, Huangshan), and the "Chengdu-Chongqing" area (Bifeng Gorge, Ya'an, Sichuan).
Xi'an Tourism (000610) has formed a product matrix of 9 core brands, including "Platinum Wanao", "Wanao Executive Apartment", "Wanao Zhuangyuan", "Wanao Courtyard", "Wanao Hotel", "Wanao Zhixuan", "Wanao Youth House", "Wanao Club" and "Wanao Guest", which fully covers business travel and resort hotel products.
The first quasi-900V ultra-fast charging solid-state battery was officially launched, and the agency called the solid-state battery a typical representative of new quality productivity
Zhiji Automobile officially launched the industry's first quasi-900V ultra-fast charging solid-state battery, the first-generation light-year solid-state battery, and debuted the new Zhiji L6 sedan. The solid-state battery can achieve high temperature non-flammability, reduce puncture short circuits, and have a peak charging power of 400kW, increasing the range by 400km in 12 minutes. It is reported that the first-generation light-year solid-state battery uses a nano-scale solid-state electrolyte to wrap an ultra-high nickel cathode and a new generation of high-energy silicon-carbon anode, and the CLTC range will exceed 1000km. Qingtao Energy is the power battery supplier of Zhiji L6.
Orient Securities said that according to the 2024 government work report, "actively cultivating emerging industries and future industries" is one of the important starting points for the development of new quality productivity, which should not only consolidate the leading advantages of advantageous industries, but also accelerate the development of cutting-edge emerging industries and new growth engines. Compared with traditional liquid batteries, solid-state batteries have obvious advantages in terms of energy density and safety, and are considered to be the next generation of innovative technologies in the lithium battery industry. On the one hand, solid-state batteries, as a lithium battery technology route, can consolidate the leading position of lithium batteries, an existing advantageous industry in mainland China. On the other hand, car companies, R&D institutions, and battery companies in China, the United States, Japan, South Korea and other countries around the world are actively deploying and have formed a trend of competition. With the cooperation of car companies, battery companies and material companies, the development trend of solid-state batteries has been determined, and the industrialization process is also expected to accelerate.
Among the listed companies, Dangsheng Technology (300073) has systematically laid out mainstream solid-state lithium battery cathode materials and electrolyte technology routes such as oxides, sulfides, and polymers, and related solid-state lithium battery products have been successfully introduced into solid-state battery customers such as Huineng, Qingtao, Weilan New Energy, and Ganfeng Lithium Battery, and achieved batch sales.
The solid-state battery products of Thayer (300473) are currently in the research and development stage.
PTL (603659) has abundant R&D and process technology reserves in the direction of solid-state and semi-solid-state batteries. In terms of anode materials, the company's new silicon carbon materials have high capacity, low expansion and long cycle and other high-performance performance, which can be used as anode materials for semi-solid-state/solid-state batteries. Li Yuanheng has the technical reserves to produce equipment related to the production line of solid-state batteries. The company has successively provided Qingtao Energy with chemical composition, laser welding, laser mold and separation machine, cell assembly line and other equipment, up to now the main equipment has been delivered, and some have been accepted.
The leading company's AI vertical application products will be launched soon, with a planned revenue of 100 million yuan in the first year
Zhou Hongyi, founder of 360 Group, revealed in the live broadcast that the "360AI office" product will be launched soon, including more than 100 AI applications, using a membership subscription model, and planning to have a revenue of 100 million yuan in the first year.
In the past year, the AIGC boom has continued to explode at home and abroad, and the office scenario has become one of the first scenarios for large models to be implemented due to its strong ability to adapt to large language models, the large number of users covered, and the high user payment rate. The changes of AI models to office collaboration software will greatly improve office efficiency. The commercialization of AI office is accelerating. On April 2, 2024, according to Kingsoft Office, its WPSAI function officially opened the charging mode, and the use of WPSAI requires the opening of "WPSAI member" or "big member", and the original WPS super member cannot use AI rights. Zou Runfang of AVIC Securities pointed out that Kingsoft's "WPSAI membership" was officially launched, and Microsoft promoted the expansion of artificial intelligence (AI) assistant Copilot scenarios, and accelerated the application of office + AI inclusiveness.
Among the listed companies, the PDF editor of the overseas version of Foxit Software (688095) has integrated AIGC to realize the AI assistant function.
Kingsoft Office (688111) has released a new WPSAl brand, including light documents, Word, PPT, Excel, PDF and other multiple functions, and the implementation continues to accelerate. It is mainly engaged in the design, development, sales and promotion of WPSOffice office software products and services. The company's products mainly include WPSOffice office software and Kingsoft Word Master.
In March, the approval information of imported online games was released, and institutions are optimistic about the recovery of the game boom
According to media reports, the National Press and Publication Administration released information on the approval of imported online games in April, 14 games were approved in April, and a total of 46 games will be approved in 2024, including "Mega Man 11" published by Tencent, and "Perverse Million King Arthur: Ring" published by Perfect World.
Wanlian Securities Research Report believes that the performance of China's game market in 2023 is in line with expectations, with the continuous normalization of the release of version numbers, the resumption of the rhythm of new product launches, and the preparation of a number of games to attract much attention, optimistic about the recovery of the game boom, which is expected to drive the market to achieve steady growth in 2024.
In terms of the company, the first AI game "Club Koala" developed by Play for Fun game studio under Kunlun Wanwei (300418) was officially unveiled at the Cologne International Games Show in Germany.
Mutual Love Interactive, a wholly-owned subsidiary of Wanda Films (002739), received a hot response in the market after the launch of "Saint Seiya: Legend of Justice" in January 2024, topping the download list on the day of its launch in Japan, and quickly climbed to the top 3 of the App Store best-selling list and the top 4 of the Google Play best-selling list. Follow-up games such as "Full Time Mage: Hunter Master" will also be launched in the domestic and overseas markets one after another.
Song Zhiyong of the Civil Aviation Administration: High-quality construction of low-altitude flight service guarantee system
Song Zhiyong, director of the Civil Aviation Administration, pointed out in a signed article in the "Study Times" that the low-altitude economy is a strategic emerging industry in the global competition and an important direction for cultivating and developing new quality productivity. The low-altitude flight service support system is the foundation of low-altitude economic development, and it is necessary to accelerate the construction of low-altitude flight service support system and strive to provide strong support for low-altitude economic development. The Civil Aviation Administration of China will strengthen the top-level design of the low-altitude flight service support system. Facing the future needs of tens of millions or even larger-scale UAVs and manned aircraft integrated flights, formulate and implement the overall plan for the construction of the national low-altitude flight service support system. Improve and improve the system of regulations and standards for low-altitude flight services.
Previously, EHang EH216-S obtained a production license, becoming the world's first eVTOL aircraft with three full certificates. After reviewing the development of the general aviation industry in the United States, Guojin Securities pointed out that perfect infrastructure construction is the cornerstone of the development of the aviation industry, and the low-altitude economic infrastructure related fields represented by the air traffic control system in the mainland are expected to benefit first, and the market size is expected to exceed 40 billion yuan by 2030.
Among the listed companies, CITIC Haizhi (000099) has developed a land navigation business including emergency rescue, urban comprehensive services and low-altitude tour business covering the Guangdong-Hong Kong-Macao Greater Bay Area, and will fully develop and explore new business fields such as drones, short-distance transportation, low-altitude tours and industrial chain extension in the future.
As a leading enterprise in the field of civil aviation control system in China, LESER Information (688631) has a leading market position in the fields of air traffic control automation system, air traffic control scene management system, and air traffic control simulation training system.
The Ministry of Housing and Urban-Rural Development issued an implementation plan for promoting the renewal of construction and municipal infrastructure equipment
The Ministry of Housing and Urban-Rural Development recently issued a notice on the issuance of the implementation plan for promoting the renewal of construction and municipal infrastructure equipment. The plan proposes to combine the promotion of urban renewal and the transformation of old communities, adapt to the needs of aging, adhere to the principles of government guidance, voluntary owners, territorial management, and standardized safety, comprehensively consider the wishes of residents, residential structural conditions, use functions, safety and economy and other factors, make overall arrangements and steadily promote the installation of elevators in existing residences, and the construction of the project can not adversely affect the safety of the original structure.
The "2023 China Building and Urban Infrastructure Carbon Emission Research Report" jointly released by the China Association of Building Energy Efficiency and Chongqing University pointed out that energy conservation and carbon reduction are promising, and construction methods, energy sources, and operation modes are expected to be further innovated. At present, it is less than two years away from the end of the "14th Five-Year Plan", and the development of green building is expected to enter the fast lane this year and next year.
Among the listed companies, the main products of SYP Glass (600819) include offline Low-E coating, energy-saving hollow, safety laminate, color glaze and other high-performance, energy-saving and environmentally friendly building processing glass, which can effectively enhance the energy conservation and emission reduction effect of buildings and reduce carbon emissions.
NorthGlass Co., Ltd. (002613) is the largest and most complete equipment manufacturer of low-E coated glass production lines in China, which is mainly used in building doors and windows, glass curtain walls and other fields, which can effectively reduce the energy consumption of buildings and meet the national development goals of energy conservation and emission reduction.
The world's first (set) 300 MW compressed air energy storage power station is connected to the grid for power generation, and related core equipment factories have been laid out
According to the official news of "China Energy Construction", at 9 o'clock on April 9, the world's first (set) 300 MW compressed gas energy storage power station - Hubei Yingcheng 300 MW compressed gas energy storage power station demonstration project was successfully connected to the grid for the first time, creating 3 world records in single unit power, energy storage scale and conversion efficiency, as well as 6 industry demonstrations, dozens of international firsts, and the world's first breakthrough.
According to reports, as a typical representative of new energy storage, compressed air energy storage technology is one of the most mature physical energy storage technologies in addition to pumped storage, and it is also a hot spot for large-scale long-term energy storage technology research and development. Compressed air energy storage can be called a "super green power bank" in terms of scale, life, cost and efficiency, and is an important direction for the construction of a new energy system and a new power system in the mainland and an important direction for cultivating strategic emerging industries. Since 2019, the state has issued a number of policies to support the industrialization of compressed air energy storage, according to the forecast of Guanyan Report Network, the cumulative installed capacity of compressed air energy storage in mainland China is expected to reach 6.76GW in 2025, and the cumulative installed capacity is expected to reach 43.15GW in 2030, with significant incremental space. With the beginning of the downstream power station, the upstream equipment market space is broad, and many domestic air separation equipment manufacturers have entered the market, and the future performance is expected to benefit deeply.
Shaangu Power (601369) has completed the research and development of technical solutions for 300MW compressed air energy storage system and compressor units.
Dongfang Electric (600875) can provide 10MW-300MW series of compressed air expansion turbine products, with the production and assembly capabilities of storage tanks, compressors, heat exchangers and other supporting system equipment, and can provide users with systematic solutions.
China's first large-capacity sodium battery energy storage power station will be put into operation at the end of this month, and the industry is expected to enter the fast lane of development
According to reports, recently, the project team composed of China Southern Power Grid Guangxi Power Grid Co., Ltd., China Southern Power Grid Energy Storage Company, Institute of Physics of the Chinese Academy of Sciences and other units successfully overcame the technical problems of large-scale energy storage of sodium-ion batteries, completed the development of long-life, wide-temperature and high-safety sodium-ion energy storage batteries, and successfully developed the country's first large-capacity sodium-ion battery energy storage system. The energy conversion efficiency of the energy storage system reaches more than 92%, and the safety and high and low temperature charging and discharging performance are greatly improved. The 10 MWh sodium-ion battery energy storage power station built in the first phase of the demonstration project will be put into operation at the end of April this year, and the total scale of the project will reach more than 100 MWh after the completion of the project.
Compared with lithium-ion batteries, sodium-ion batteries have the advantages of low cost, safety and efficiency, and abundant resources. Especially in the field of power system energy storage, sodium-ion batteries are expected to become the lowest-cost electrochemical energy storage technology at present, and truly realize the economic integration of large-scale wind power and photovoltaic power generation into the grid. With the successful development of large-capacity sodium-ion battery energy storage system, the application of sodium battery in the field of energy storage will enter the fast lane of development, and it is expected that there will be more cases of application of sodium battery energy storage projects in the future, and the industrialization can be expected to accelerate.
Transart Technology (002866) is one of the first batch of sodium-ion battery test enterprises in China, and the company's sodium-ion battery products can be widely used in low-speed electric vehicles, power tools, construction machinery and energy storage and other fields.
A sample of East's first-generation sodium battery from East (300376) is being tested. The company expects that in the next few years, through continuous R&D iterations, the energy density and efficiency of sodium batteries can be improved as complementary products of lithium batteries, supplementing the shortcomings in the production of battery cells in the company's industrial chain, and strengthening the competitiveness of high-end power supply, data center, energy storage and other related businesses in product delivery, price, supply chain control, etc.
The prosperity is up, and the memory chip leader has raised the quotation in the second quarter
According to reports, Micron, the leader in memory chips, has proposed to most customers to raise the price of Q2 products, an increase of more than two percent. Price negotiations are still ongoing. It is reported that Micron's DRAM production in Taiwan accounts for about 60% of the company's overall DRAM production capacity. After the earthquake on April 3, TrendForce released a research report pointing out that Micron has taken the lead in stopping DRAM quotations and restarting contract price negotiations in Q2 2024 after the post-disaster damage assessment. Samsung and SK hynix also followed up to stop quoting, although the two major suppliers do not have DRAM production in Taiwan, but they also hope to wait and see the market before taking action. This move drove the memory module manufacturers to follow up and stop the quotation on the same day.
With the gradual recovery of market demand in industries such as mobile phones, PCs and servers, coupled with the gradual implementation of capacity reduction measures of original storage manufacturers, the prices of some major categories of storage products have begun to bottom out and rebound from the third quarter of 2023 and have entered an upward channel. At present, the supply side of the memory chip industry has achieved initial results, the demand side of the boom is gradually repaired, and the industry as a whole is expected to maintain an upward trend of prosperity.
A-share related concept stocks mainly include Ziguang Guowei (002049), Longsys (301308) and so on.
Strengthen top-level design and solidly promote the construction of a low-altitude flight service support system
According to the website of the Civil Aviation Administration of China, Song Zhiyong, Secretary of the Party Leadership Group and Director of the Civil Aviation Administration of China, said that with the implementation of a series of policy measures, the mainland's low-altitude flight service guarantee system has basically taken shape. The Civil Aviation Administration of China will solidly promote the construction of a low-altitude flight service guarantee system to better serve the development of the mainland's low-altitude economy. The first is to strengthen the top-level design of the low-altitude flight service support system, the second is to improve the low-altitude flight service regulations and standards system, the third is to build a national comprehensive supervision and service platform for low-altitude flight, and the fourth is to continue to strengthen the basic capacity building of low-altitude flight service support.
A-share related concept stocks mainly include Jindun shares (300411), CITIC Haizhi (000099), etc.
Seven departments to promote large-scale equipment renewal in the industrial field The demand for industrial machine tools has increased
Seven departments of the Ministry of Industry and Information Technology jointly issued the "Implementation Plan for Promoting the Renewal of Equipment in the Industrial Field", proposing that by 2027, the scale of equipment investment in the industrial field will increase by more than 25% compared with 2023, and the penetration rate of digital R&D and design tools and the numerical control rate of key processes of industrial enterprises above designated size will exceed 90% and 75% respectively. It will speed up the replacement of backward and inefficient equipment, and focus on promoting the industrial machine tool industry to update machine tools that have been in service for more than 10 years.
Donghai Securities believes that with the transformation and upgrading of the manufacturing industry, higher requirements are put forward for the speed, precision and efficiency of production and processing, and high-end manufacturing products such as five-axis CNC machine tools and robots are expected to be promoted. At present, the numerical control rate of domestic machine tools still needs to be improved, and the proportion of low-end CNC machine tools such as three-axis and four-axis is still high, and application scenarios such as industrial robots and collaborative robots still need to be enriched. With the support of this round of policies, the demand for advanced equipment transformation and upgrading may be further released.
Kede CNC (688305) is positioned in the R&D, production and sales of high-end five-axis CNC machine tools, high-end CNC systems and key functional components, and new orders in 2023 will increase by 65% year-on-year;
Haitian Precision (601882) released BFH2030D dual five-axis high-speed milling centers in 2023 to meet the high-speed machining needs of the new energy automotive industry.
Topstar (300607) The latest robot controller platform adopts a multi-CPU architecture and is deeply integrated with AI large models.
GAC Aion will soon release an all-solid-state battery and plans to start mass production in 2026
GAC Aion's Wubo brand announced that it will officially release an all-solid-state battery on April 12. According to previous media reports, the energy density of the battery has exceeded 350Wh/kg, which has the advantage of three times the power of the same weight compared with traditional batteries, and will be mass-produced in 2026.
Guojin Securities Research Institute believes that the advantages of solid-state batteries lie in safety and high energy density, which can completely eliminate the potential safety hazards of electrolyte corrosion and leakage, and have a longer service life. The development of solid-state batteries is step by step: first semi-solid and then fully solid, and breakthroughs are made step by step. Solid/liquid hybrid batteries are the first to be put into the market, and after being applied to a certain segment of the market to improve cycle performance, safety and other performance, they can be gradually expanded to large-scale applications such as new energy vehicles and large-scale energy storage.
EV 300014 E's lithium battery production capacity ranks among the top in the industry, and the high-end intelligent coupe Wubo GT is equipped with the company's battery products, and the company actively lays out the research and development of solid-state batteries;
Funeng Technology (688567) is mainly engaged in the power battery system business, and GAC Wu Bo is the company's main customer, and the two parties have cooperated on solid-state battery products.
Major memory chip manufacturers announced that there is a supply shortage, and related products are adjusting prices
According to TrendForce, Western Digital, a major memory chip manufacturer, confirmed for the first time on April 8 that there is a shortage of HDDs and SSDs, and has issued a formal customer letter informing them of the price adjustment of NAND flash memory and hard disk products. Western Digital said demand for both flash and hard drive products exceeded expectations, leading to tight supply. Pricing adjustments for flash and hard drive products will continue during the quarter, with some adjustments effective immediately.
It is understood that in some application fields with high performance requirements, such as high-performance PCs, notebooks and other consumer applications, as well as high-performance computing, streaming media applications and other enterprise-level applications, SSD has been replaced by HDD.
AVIC Securities Research Institute believes that data has become a new factor of production in the context of the digital economy, and massive data makes the growth of demand for storage devices in the mainland an inevitable evolution of data types to multimodality, and the performance of storage devices has been improved in many aspects. With the enhancement of the technical strength of mainland storage manufacturers, there is a broad space for development.
Demingli (001309) expects a net profit of 186 million to 226 million yuan in the first quarter, a year-on-year turnaround, as the emerging field dominated by artificial intelligence promotes the demand of the storage market to continue to improve, and the price of the storage industry has been in an upward channel since the third quarter of 2023;
Guoxin Technology (688262) is working with partners to carry out tape-out verification of HBM interface IP technology based on advanced technology.
Significant investments
Panjiang Co., Ltd.: It is planned to invest in the construction of new energy power generation projects
Panjiang Co., Ltd. (600395) announced that the company intends to invest in the construction of the second phase of the Panjiang million-kilowatt photovoltaic base project in Guanling County, the first phase of the Puding million-kilowatt photovoltaic base project, the second phase of the Puding million-kilowatt photovoltaic base project, the Mengfang agricultural photovoltaic power station project in Huangla Township, Xixiu District, and the 260,000-kilowatt agricultural photovoltaic power station project of the third phase of Tongchanggou in Baiguo Town, Panzhou City, with a total construction and installation capacity of about 1.55 million kilowatts and a total investment of 5.22 billion yuan.
Significant winning bids
Petrochemical Oil Service: The subsidiary won the bid for the EPCC general contracting project of 794 million yuan Dayou crude oil reserve project
Sinopec Oil Service (600871) announced that recently, Sinopec Petroleum Engineering Construction Co., Ltd., a wholly-owned subsidiary of the company, won the bid for the EPCC general contracting project of Liaoning Zhenhua Petroleum Energy Reserve Co., Ltd. Dayou Crude Oil Reserve Project, with a bid amount of about 794 million yuan, accounting for about 0.99% of the company's operating income in 2023 under Chinese accounting standards. The project has a storage capacity of 2 million cubic meters, 20 new 100,000 cubic meter external floating roof crude oil storage tanks, and 5 crude oil tank groups, with a construction period of about 443 days.
Kelin Electric: Won the bid of 205 million yuan for the State Grid project
Kelin Electric (603050) announced that the company recently received the bid winning announcement from the State Grid Corporation of China and the State Grid Materials Co., Ltd., in the "State Grid Corporation of China 2024 15th batch of procurement (the first bidding and procurement of metering equipment for marketing projects)" In the bidding activities, the company was the winning bidder, and a total of 3 bid packages were won, of which 693,000 A-level single-phase smart energy meters were bid-winning, 115,000 B-level three-phase smart energy meters were won, and 15,660 C-level three-phase smart energy meters were won, with a total amount of 205 million yuan in 3 packages.
Toncin Environmental Protection: pre-bid for the renovation project of the dust removal system of the ironmaking plant
Toncin Environmental Protection (003027) announced that the company pre-won the bid for the renovation project of the dust removal system of the ironmaking plant, with a total amount of about 195 million yuan, the pre-bid for the ultra-low emission renovation project of Tiai Ti 1# and 2# boilers, with a total amount of about 59.8 million yuan, and the pre-bid for the ultra-low emission renovation project of 1# boiler of 1# station and 2# station of thermoelectric 2# station of Liugang Power Plant, with a total amount of about 31.8 million yuan.
Zhuoran shares: subsidiaries signed a major contract of 1.391 billion yuan
Zhuoran Co., Ltd. (688121) announced on the evening of April 9 that recently, Zhuo Shu, a subsidiary of the company, signed the "General Contracting Contract for the Hongkun Bio-jet Coal Project (Phase I) with an Annual Output of 600,000 Tons of Bio-jet Coal Project (Phase I) of Guangxi Free Trade Zone Hongkun Biomass Fuel Co., Ltd.", with a tentative contract price of 1.391 billion yuan, accounting for 47.38% of the company's audited operating income in 2022. The subject of the contract is to provide 300,000 tons of bio-jet fuel hydrogenation unit, 120 tons/year sulfur recovery unit, 20,000 standard hydrogen production unit and supporting facilities.
Shareholders increase or decrease their holdings
Keda Manufacturing: Macrolink Holdings plans to reduce its stake in the company by no more than 1%.
Keda Manufacturing (600499) announced that the reorganization plan of the company's fourth largest shareholder, Macrolink Holdings, has been approved by the Beijing No. 1 Intermediate People's Court, and the company's shares held by it belong to the debt repayment resources of the reorganization and will be disposed of and realized during the implementation of the reorganization plan. According to the reorganization plan, Macrolink Holdings plans to reduce its holdings of the company's shares by centralized bidding from May 7 to August 6 by no more than 19,484,100 shares, no more than 1% of the company's total share capital.
Xinxing Equipment: Shareholder Keqiao Jiayong plans to reduce its holdings of 0.04% of the company's shares
Xinxing Equipment (002933) announced on the evening of April 9 that Beijing Keqiao Investment Consulting Co., Ltd., a shareholder holding 3.78% of the company's shares, Beijing Keqiao Jiayong Venture Capital Center (Limited Partnership) (hereinafter referred to as "Keqiao Jiayong"), plans to reduce its holdings of 50,000 shares of the company (accounting for 0.04% of the company's total share capital) by centralized bidding.
Laishen Tongling: Shareholder Wang Lili's concerted action person Ke Fu Rongguang reduced his holdings of 1.9512 million shares of the company
Liulianban Laishen Tongling (603900) issued an announcement on the evening of April 9 on the abnormal fluctuation of stock trading, saying that Nanjing Kefu Rongguang Enterprise Consulting Partnership (Limited Partnership) (hereinafter referred to as "Kefu Rongguang"), a concerted action person of Wang Lili, a shareholder of more than 5% of the company's shares, reduced its holdings of 1.8512 million shares and 100,000 shares on April 9 respectively, with a total reduction of 1.9512 million shares, accounting for 0.57% of the company's total share capital.
Jinyu Medical: The actual controller proposed to repurchase the company's shares for 50 million yuan
Jinyu Medical (603882) announced that Liang Yaoming, the company's controlling shareholder, actual controller and chairman, proposed to repurchase the company's shares with 50 million yuan, which was intended to be used as a stock source for the implementation of equity incentives.
Important Announcements
Northern Rare Earth: The trading price of rare earth concentrate in the second quarter was adjusted to 16,792 yuan/ton excluding tax
Northern Rare Earth (600111) announced that according to the pricing method of rare earth concentrate and the price of rare earth oxides in the first quarter of 2024, after calculation and deliberation and approval by the company's 6th general manager's office meeting in 2024, the transaction price of rare earth concentrate in the second quarter of 2024 will be adjusted to 16,792 yuan/ton excluding tax (dry volume, REO=50%), and the price of REO will increase or decrease by 335.84 yuan/ton for every 1% increase or decrease in tax.
Weidi shares: The former director received the administrative penalty decision of the Heilongjiang Securities Regulatory Bureau
Weidi shares (603023) announced that the former director Chen Zhenhua received the "Administrative Penalty Decision" issued by the Heilongjiang Securities Regulatory Bureau on February 28, and the Heilongjiang Securities Regulatory Bureau believes that Chen Zhenhua, as the then director of Weidi shares, reduced his holdings of "Weidi shares" within ten days before Weidi shares disclosed the 2023 semi-annual performance forecast, which violated relevant laws and regulations, and the Heilongjiang Securities Regulatory Bureau decided: Chen Zhenhua was ordered to correct, given a warning, and imposed a fine of 7.95 million yuan. The above-mentioned penalty decision only involves Chen Zhenhua and will not have a significant impact on the normal operation of the company.
SDIC Power: Chairman Zhu Jiwei resigned due to work adjustments
SDIC Power (600886) announced that the company's board of directors recently received the resignation of Zhu Jiwei, chairman of the company. Zhu Jiwei intends to resign as a director, chairman of the board of directors, chairman of the strategy committee, and legal representative of the company due to work adjustments; Zhu Jiwei confirmed that there is no difference of opinion with the board of directors of the company, and there is no need to bring matters to the attention of the company's shareholders and creditors.
Yueyang Forest Paper: Signed a strategic cooperation framework agreement with Pingjiang County Government
Yueyang Forest Paper (600963) announced that the company and the Pingjiang County People's Government signed the "Strategic Cooperation Framework Agreement" on April 3, and the two sides plan to promote cooperation in the whole field of forestry ecological construction, and fully cooperate in the construction of national reserve forests, the realization of the value of ecological products, the work of innovative forest chief system, pine wood nematode epidemic prevention, forestry industry development, forest fire prevention construction, etc., and actively explore new models of future income products such as forestry carbon sinks and green finance.
Tiancheng Controls: Received a notice of seat designation from a customer for a new energy passenger car project
Tiancheng Controls (603085) announced that the company recently received a designated notice from a well-known domestic automobile company, and the company was identified as a parts supplier for the seat of a new energy passenger car project of the customer. According to the customer's plan, the project is expected to start mass production in December 2024, and the total number of passenger cars will be about 200,000 during the project period. The sales amount of the above projects during the life cycle is about 800 million yuan.
Asia-Pacific shares: received a nomination letter from a foreign brand customer supplier
Asia-Pacific Co., Ltd. (002284) announced that the company recently received a "supplier nomination letter" from a foreign brand customer, and the company was designated as the former caliper product supplier of a platform of the customer. According to the customer's plan, the life cycle of the above project is 8 years, and mass production is expected to start in 2025, with a total life cycle sales amount of about 736 million yuan.
CLP Motor: The company's products cover most of the industrial fields and do not involve robots and other fields
On the evening of April 9, the company disclosed 603988 the announcement of stock trading changes, saying that the company's products cover most of the industrial fields, and are widely used in wind power, water conservancy, metallurgy, energy, coal, shipbuilding, cement and building materials, petroleum, chemical and other fields, and do not involve robots, electric vehicles, high-speed rail, military and other fields. The company belongs to the motor manufacturing industry under the electrical machinery and equipment manufacturing industry, there may be market, economic and policy changes and other factors affecting the company's profitability, resulting in the risk of stock price fluctuations, please invest rationally and pay attention to the risk of stock price speculation.
Dawn shares: The company's products have been applied to Tesla Model 3 and Model Y models
Dawn said on the interactive platform on April 9 that the company produces TPV products. The company has developed the first TPV production line with independent intellectual property rights in China, breaking the international technology monopoly in the TPV industry, and was awarded the honor of "Second Prize of National Science and Technology Award for Technological Invention", leading the development of thermoplastic elastomer TPV industry. Cooper is a Tier 1 supplier to Tesla, and Cooper is a supplier of TPV raw materials to Cooper. The company's products have been applied to Tesla Model 3 and Model Y models.
Jiangte Motor: The servo motor products produced by the subsidiary MiG Motor have been widely used in the intelligent manufacturing industry
The company's wholly-owned subsidiary, MiG Motor, is a company specializing in the production of servo motors, and its output ranks among the top in China, and its servo motor products have been widely used in automation, textiles, machine tools, logistics, new energy, laser and other intelligent manufacturing industries. MiG Motor's products in the field of robot motors include E/B series motors for robots, which have been widely used in welding, handling, palletizing and other industries. MiG motor's 60B1, 80B1 stator automation line is mainly used to produce 60, 80 flange servo permanent magnet motors, these two motors are mainly used in the photovoltaic industry production line, lithium battery production line, truss manipulator and other automation equipment, at the same time, this production line will also be used in the automatic production of all products of MiG motor. In addition, Jiangte Motor said that the company has research and development for axial flux motors, but has not yet carried out mass production. This kind of motor can be used in new energy vehicles, and the company will always pay attention to market dynamics and actively grasp market opportunities.
Songwon Co., Ltd.: Obtained a designation notice from a well-known European automobile manufacturer
Songwon Co., Ltd. (300893) announced on the evening of April 9 that it had recently received a designation notice from a well-known European automaker. The company has obtained the project designation of the customer's F platform, and the company, as a qualified supplier of S customer, will provide vehicle seat belt products for the platform models. According to customer forecasts, mass production is expected to start in 2027, with a six-year life cycle of the platform, with a total production of about 550,000 units and sales of about 41.56 million euros. S customers ranked among the top five in global sales. This designation is the first time that the company has obtained the project designation of a foreign-funded enterprise, and it is the customer's recognition of the company's project research and development, manufacturing, quality management and other aspects of the passive safety system.