The brain-computer interface team of Zhejiang University has made a major breakthrough and the industrialization process is expected to accelerate
——————
According to reports, a few days ago, the Neurological Disease Sub-center of the Clinical Translational Research Center for Brain-Computer Regulation of Zhejiang University released the latest research results on brain-controlled Chinese character writing. Through the analysis of the nerve signals in the motor area, the writing trajectory imagined by the volunteers can be obtained, and the invasive brain-computer interface can be successfully realized to control the robotic arm to write Chinese characters. The R&D personnel said that the successful decoding of Chinese characters is a very important part of the process, and it is also a very key breakthrough in brain-computer interface research.
Brain-computer interface is a direct channel for information exchange between the biological brain and the intelligent machine, which can realize the two-way interaction, collaborative work and functional integration between the brain and the intelligent machine. As an important application field of the national innovation industry, brain-computer interface is an important embodiment of new quality productivity. The reform of device review is expected to accelerate the R&D and transformation of brain-computer interfaces and promote the rapid development of the industry. According to a 2020 McKinsey research report, the global brain-computer interface market size may be between $70 billion and $200 billion per year from 2030 to 2040.
$Chengyitong (SZ300430)$ Relying on the established platform of Brain Link Technology Company to deeply explore brain-computer interface related technologies, first based on Longzhijie's existing products, to achieve non-invasive brain-computer function upgrades, and at the same time support the R&D team to explore the research and development of invasive brain-computer technology, the company will continue to cooperate with senior teams from well-known universities to actively explore the application of brain science in the field of rehabilitation and medicine.
$Xiangyu Medical(SH688626)$ The company has R&D and layout in the field of brain-computer interface in the early stage, and has completed the national key project of "Bio-machine Intelligent Interaction and Biomechatronics Robot Technology" jointly undertaken by Tianjin University and Xi'an Jiaotong University.
Qiongyue UAV cargo logistics first flight across the sea industrial chain or usher in opportunities
----------
On April 24, the first flight ceremony of Qiongyue UAV public freight logistics across the sea was held. The cross-sea flight will use the Beidou-3 integrated management platform, with the help of low-altitude operation management, comprehensive control, flight services and airspace management capabilities, a batch of Hainan high value-added agricultural and sideline products will be transported from Hainan to Zhuhai, Guangdong Province by UAV.
From the perspective of application promotion, the development pace of drone freight is faster, and the demand is more certain. The "Implementation Plan for the Innovative Application of General Aviation Equipment (2024-2030)" proposes that by 27 years, logistics and distribution will be applied on a large scale, and 30 years will support and guarantee the "trunk-branch-end" UAV distribution network.
The first flight of Qiongyue across the sea showed the obvious advantages of drones in terms of efficiency improvement and cost savings in cross-sea transportation scenarios. Looking forward to the follow-up, under the promotion of government policies and the increased layout of giants, the application of UAV logistics has broad prospects, and it is expected to enter the commercialization and normalized operation stage soon, and companies in related industries are expected to usher in opportunities.
Among the listed companies, $AVICS (SZ300114)$ has made a layout in UAV cargo loading and delivery systems, general aviation logistics equipment, etc., and has accumulated technology and products, and has made breakthroughs and progress in the market;$Aerospace Rainbow(SZ002389)$ With the development of the logistics market and the synchronous development of UAV cargo application technology, Shenfei has independently developed a variety of products and technical achievements, and will usher in more market opportunities in the freight market.
Carbon prices break through the 100 yuan mark, and carbon asset investment is expected to make a comeback
----------
On April 24, the closing price of the national carbon market rose for six consecutive days, successfully breaking through the 100 yuan mark and closing at 100.59 yuan/ton. Experts believe that the Interim Regulations on the Administration of Carbon Emission Trading, which will come into force on May 1, are a key driving force to boost the carbon market at this stage. This is the first special regulation in the field of climate change in the mainland, which clarifies the carbon emission market trading system in the form of administrative regulations for the first time, raises the level of the carbon trading management system, and opens a new situation in the rule of law of carbon emission trading in the mainland.
The mainland's mainstream carbon assets include carbon allowances and CCER. According to the 2024 China Carbon Market (2024) released by the Energy and Environmental Policy Research Center of the Beijing Institute of Technology, the average price of allowances in the national carbon market is expected to exceed 105 yuan/mt in the final stage of the 14th Five-Year Plan. Entering the "15th Five-Year Plan" period, this average price is expected to further break through the 200 yuan/ton mark. Looking ahead to 2030, the average transaction price of China's voluntary emission reduction projects (CCER) is also expected to rise to 150 yuan/tonne. With the market's recognition of the value of carbon emission rights and continuous investment in emission reduction actions, coupled with the improvement of some mandatory regulations, the national carbon market price is expected to continue to grow.
Good for carbon asset listed companies, $Yueyang Forest Paper (sh600963)$ has established a dual carbon and energy management committee, scientifically organized the development of CCER projects of enterprises, improved the ability to participate in carbon market transactions, tapped the advantages of nearly 2 million acres of forestry resources of the company, and enhanced the value of forest carbon sinks;$Fujian Jinsen (sz002679)$ has been involved in the preliminary work of the CCER project, in view of the fact that the follow-up matters are not yet clear, the company has gone all out and actively responded. At the same time, the company will continue to participate in the carbon industry business of carbon neutrality and carbon peaking in various regions in China, and explore new opportunities brought by "carbon peaking and carbon neutrality".
【Investment Focus】
> AI successfully rewrites human DNA, and the world's first gene editor is shocking and open source
——————
According to media reports, the startup Profluent announced that the gene editor, designed entirely by AI, has successfully edited DNA in human cells. The technology and the same approach that powers ChatGPT are that it analyzes vast amounts of biological data to create new gene editors, including microscopic mechanisms that scientists are already using to edit human DNA. The paper is expected to be presented at the annual meeting of the American Society for Gene and Cell Therapy next month. Profluent says it is open-sourcing the OpenCRISPR-1 editor, which means that the technologies are free for individuals, academic labs and companies to use.
By training OpenCRISPR, the AI learns from large-scale sequences and biological contexts to generate millions of CRISPR-like proteins that don't exist in nature. AI has generated a 4.8-fold cluster of proteins of the CRISPR-Cas family already found in nature, fully exponentially scaling. Now, there are many projects around the world that are using AI technology to improve healthcare. CRISPR gene editing technology is favored by pharmaceutical companies due to its curative potential, convenient operation, and high efficiency, and has great potential in genetic diseases and even chronic diseases. Currently, Profluent has not conducted clinical trials on these synthetic gene editors, so it is unclear whether they can match or even surpass the performance of CRISPR. Experts say that if Profluent's technology continues to improve, scientists will one day be able to edit genes in a more precise way. There is a huge space for the development of gene therapy, and among the A-share related industry chain companies, you can pay attention to $Chengdu HitGen (SH688222)$ and $Hongbo Pharmaceutical (SZ301230)$.
【Exclusive Reference】
> Runze Technology: It will speed up the delivery of the second intelligent computing center in the first phase of Pinghu
——————
$Runze Technology (SZ300442)$ said in an institutional survey that since the beginning of this year, with the gradual breakthrough of technologies such as Sora's Wensheng video model, the gradual implementation of applications, and the demand for intelligent computing power has increased again, the company will also accelerate the implementation of existing customer orders and actively explore new customer groups. At the same time, the company will speed up the delivery of the second intelligent computing center in the first phase of Pinghu, accelerate the construction of the new intelligent computing center project in Langfang Area B and the second phase of the Yangtze River Delta Park, and quickly build a single intelligent computing center project that can gather more than 100,000 calories, so as to provide all-round service support and technical support for the training and reasoning of trillion-dollar large models with high complexity and high computing needs to meet the needs of end customers. In conclusion, the company's outlook for AIDC in 2024 is still relatively optimistic. The company will unswervingly increase investment in capital and R&D in AIDC, continue to consolidate the market position of "AIDC leading", and quickly attract more large-scale model customers to settle in Runze Intelligent Computing Center.
> Emicon: The company has successfully completed the development of immersion liquid cooling products
——————
$Emicom (SZ300249)$ said in an institutional survey that the company has successfully completed the development of immersion liquid cooling products, and successfully put into operation the first set of NetLiq2002.0 liquid cooling upgraded products in the Middle East. This product adopts an advanced and stable modular container solution, with an overall modular idea, from the server to the cold source for overall design, from power supply, heat dissipation to structural size, to achieve the modular delivery of the liquid cooling system data center, with plug-and-play connection, saving 50% of the installation time compared with the traditional installation. The company's liquid cooling system integrated solution is the first to go overseas, demonstrating Emicon's ability to provide efficient, reliable and environmentally friendly data center solutions on a global scale.
【Financial News】
> Construction Market Supervision Department of the Ministry of Housing and Urban-Rural Development held a meeting to promote the pilot work of intelligent construction in Shenzhen.
> Tianjin promotes large-scale equipment renewal and trade-in of consumer goods, aiming to about double the recycling volume of end-of-life vehicles by 2027 compared to 2023.
> Shandong will add 1.5 million kilowatts of offshore wind power capacity in 2024.
> rectify the "self-media" without a bottom line to gain traffic! The Cyberspace Administration of China has launched a special action.
> two departments: the meteorological risk of geological disasters in some areas of central Guangdong and other places is relatively high.
> Harvest International announced that its Bitcoin and Ether spot ETFs have been officially approved and will be listed at the end of April.
> 2023, the number of digital reading users in mainland China will reach 570 million.
【Announcement Gold Rush】
>$Transsion Holdings (SH688036)$ The net profit attributable to the parent company in the first quarter was 1.626 billion yuan, a year-on-year increase of 210.3%.
>$Lubei Chemical (SH600727)$ net profit in the first quarter was 50.5414 million yuan, a year-on-year increase of 3131.39%.
>$Great Wall Motor (SH601633)$ net profit in the first quarter was 3.228 billion yuan, a year-on-year increase of 1752.55%.
>$ Nine Company (SH689009)$ net profit in the first quarter was 136 million yuan, a year-on-year increase of 675.34%.
>$ Linglong Tire (SH601966)$ net profit in the first quarter was 441 million yuan, a year-on-year increase of 106.32%.
>$Yutong Optics (SZ300790)$ net profit in the first quarter increased by 294% year-on-year.
>$Goertek (SZ002241)$ The net profit attributable to the parent company in the first quarter was 380 million yuan, a year-on-year increase of 257.47%.
>$Hanrui Cobalt (SZ300618)$ net profit in the first quarter increased by more than 70% year-on-year, and the electrocobalt project provided a new profit growth point.
>$ Yuanda Environmental Protection (SH600292)$ The subsidiary plans to carry out desulfurization, denitrification and dust removal services for Qiaotou Power Plant.
>$Guangxi Energy (SH600310)$ plans to invest 1.418 billion yuan to build an eight-step uplink wind farm project.
>$STEC (SH600820)$ subsidiary jointly won the bid for a 7.193 billion yuan infrastructure construction project.
>$Kelin Electric (SH603050)$ Shijiazhuang Guotou Group recently increased its stake in the company by 1.98%.
>$Tonghua Dongbao (SH600867)$GLP-1/GIP dual-target receptor agonist bariatric indication was approved for clinical trial.
【Dragon and Tiger Stands】
> funds flowed into copper high-speed connections, low-altitude economy and other sectors
——————
On Wednesday, the market rebounded volatile throughout the day. At the close, the Shanghai Composite Index rose 0.76% to 3,044.82 points, the Shenzhen Component Index rose 0.74% to 9,251.13 points, and the ChiNext Index rose 0.70% to 1,765.41 points. The total turnover of the two cities was 795.4 billion yuan, an increase of 20 billion yuan from the previous trading day. On the disk, copper high-speed connection, low-altitude economy, CPO, military informatization and other sectors were among the top gainers, while glyphosate, banking, coal, real estate and other sectors were among the top decliners.
The data of the after-hours Dragon and Tiger list shows that:
$Wanfeng Aowei (SZ002085)$ was purchased by Power Tour, with a total net purchase amount of 190 million yuan;
$CITIC Haizhi (SZ000099)$ was bought by institutional funds, with a total net purchase amount of 127 million yuan;
$Sichuan Jiuzhou (SZ000801)$ was bought by one main buyer, with a total net purchase of 89.8694 million yuan;
$Andawell (SZ300719)$ was bought by institutional funds, with a total net purchase of 84.3138 million yuan;
$Wutong Holdings (SZ300292)$ was bought by institutional funds, with a total net purchase of 76.7362 million yuan.
【IPO Subscription】
Ole New Materials: subscription code: 787530, issue price: 9.60 yuan / share, issue price-earnings ratio: 41.44 times. Comparable companies: $Huahai Chengke (SH688535)$.