The trade-in of consumer goods continued to be carried out, and the sales of household appliances increased significantly
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On April 25, the spokesperson of the Ministry of Commerce said that the promotion of consumer goods trade-in is the focus of the current work to promote consumption, and guide all localities to combine brand activities, key exhibitions, industrial clusters and leading enterprises and other advantageous resources to carry out a series of activities of "National Consumer Goods with 1 Day for New Action and Local Station". The Ministry of Commerce has successively supported Hainan, Ningxia, Shandong, Guangdong and other places to launch local station activities. Jilin, Shanghai, Guangxi, Jiangxi and other local station activities will be launched around the "May Day".
@国泰君安研究所 pointed out that since the beginning of 2024, the overall growth of home wire sales has been good, and the sales of major appliances such as air conditioners, refrigerators, and color TVs have increased by 33%, 19%, and 25% year-on-year respectively. After the introduction of the last round of nationwide stimulus policies, the main sales of household appliances have entered a general replacement cycle, and the implementation of national policies is expected to form a joint force to better drive the willingness of the vast market (rural areas and third- and fourth-tier cities) to renew. Leading enterprises with multi-category and multi-brand layout are more likely to gain market share.
$Midea Group (SZ000333)$ is a leading white goods enterprise in China;
$Dechang Co., Ltd. (SH605555)$ The latest announcement that the operating income in the first quarter increased by 46.14% year-on-year, and the net profit increased by 102.33% year-on-year, mainly due to the increase in sales revenue of vacuum cleaners, small household appliances and EPS motors.
【SSE Selection】
〇 The State Council issued a report on the research and handling of the deliberation opinions of the special report on the management of state-owned assets of financial enterprises and the situation of rectification and accountability, and proposed to concentrate on building a "national team" in the financial industry.
〇 The Ministry of Commerce said that the West's hype about China's "overcapacity" is unreasonable, and China firmly opposes it. For new energy, from a global perspective, it is not overcapacity, but a shortage of capacity
〇 Liu Liehong, director of the National Data Bureau, published a signed article in "Banner": further release the value of data elements and accelerate the construction of digital China.
According to an IDC report, in the first quarter of this year, shipments in China's smartphone market increased by 6.5% year-on-year. Huawei's year-on-year growth rate exceeded 100%, with a market share of 17%, tied for first place with Honor.
〇 On the 25th, northbound funds bought a net of 349 million yuan. China Merchants Bank, Luxshare Precision, and CATL received net purchases of 662 million yuan, 441 million yuan, and 273 million yuan respectively.
【Industry Information】
〇 Beijing will promote the construction of computing infrastructure and will achieve full-stack independent and controllable
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On April 25, the Beijing Municipal Bureau of Economy and Information Technology and the Beijing Municipal Communications Administration jointly issued the "Implementation Plan for the Construction of Computing Power Infrastructure in Beijing (2024-2027)". Among them, it is proposed to focus on the construction of a number of single large clusters of intelligent computing, and the scale of intelligent computing supply in the city will reach 45EFLOPS by 2025; By 2027, the full-stack independent and controllable software and hardware products of intelligent computing infrastructure will be realized, and the construction capacity of 100% independent and controllable intelligent computing center will be realized.
@银河证券研究所 believes that the mainland has proposed to build digital infrastructure and AI+ development in advance, and cooperate with the "artificial intelligence+" action, which may become an important step for AI to empower thousands of industries in the future. The construction of the intelligent computing center of the computing power industry chain will maintain a high degree of prosperity and drive the rapid increase in the market scale of the optical module industry chain. The IDC industry chain, optical communication industry chain, and temperature control industry chain will become the key directions of future infrastructure construction.
$Alpha Data (SZ300738)$ plans to build a heterogeneous computing power platform in 2024 to meet the needs of various types of customers for high computing power such as AIGC cloud computing;
$Invic (SZ002837)$ The liquid-cooling-related revenue from data center computer rooms and computing power equipment is about 4 times that of the previous year.
Xpeng Huitian Flying Automobile opened pre-sale in the fourth quarter of this year, and the trillion-level market of low-altitude economy is poised to take off
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According to media reports, on April 25, at the 2024 Beijing Auto Show, it was learned from the Xpeng Motors booth that the Xpeng Huitian "Land Aircraft Carrier" split flying car will open for pre-sale in the fourth quarter of 2024, and the new brand MONA will be officially launched in June.
Xpeng Huitian currently has two flying cars, one is a split flying car and the other is a land-air integrated flying car. In addition to Xpeng Huitian, EHang, GAC, Geely Automobile's Wofei Changkong and other companies are accelerating the layout of flying cars. This year's government work report proposes to "actively build new growth engines such as biomanufacturing, commercial aerospace, and low-altitude economy", which is the first time that "low-altitude economy" has been written into the government work report, and this year is expected to become the first year of low-altitude economic development. According to the forecast in the "National Three-dimensional Transportation Network Planning Outline", the industrial scale of the national low-altitude economy will reach more than 6 trillion yuan in 2035. At present, Anhui, Guangdong, Jiangsu and other places have introduced relevant policies to support the development of low-altitude economy, focusing on practical application scenarios (logistics, fire protection, etc.) and airspace management to accelerate the landing, multi-field commercial operation prospects are clear, corresponding to industry-level UAVs, eVTOL and other models will usher in volume one after another.
$Koyo Co., Ltd. (SZ002708)$ and Xpeng flying car project have been fixed, and the A sample delivery has been completed.
$Xingyuan Zhuo Magnesium (SZ301398)$ and Xiaopeng flying car project are in the early stage of technical demonstration, the company's magnesium alloy products are expanding to large pieces, and downstream trams and flying cars have successively opened up market space.
【Investment Focus】
> scientists have successfully synthesized diamonds at standard atmospheric pressure, hoping to open up a vast space in the field of quantum computing and semiconductors
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According to reports, the materials science team from the Korea Institute of Basic Science recently published an article in the journal Nature, announcing the successful realization of diamond synthesis at standard atmospheric pressure and 1025 °C. It is reported that the experimental team successfully formed diamond without the use of high pressure and crystal seeding by exposing a mixture of liquid gallium, iron, nickel and silicon to a methane-hydrogen mixture atmosphere and heating it to 1,025°C through a reaction device. This preparation method is expected to open up a lower cost path for the production of diamond films.
Diamond is not only a gemstone, but also an excellent semiconductor material, with an ultra-wide bandgap gap, which is more suitable for high-temperature, high-radiation, and high-voltage environments than commercially available materials such as silicon. Under the conventional route, synthetic diamond requires a high-temperature, high-pressure environment and expensive manufacturing equipment costs. If the latest scientific research results of atmospheric pressure synthesis technology can be successfully promoted to a larger scale, it will open up a more economical and easier way to prepare diamond thin films, which is expected to provide a strong boost for the development of quantum computers and power semiconductors. Among the A-shares, companies such as $Power Diamond (SZ301071)$ and $Sifangda (SZ300179)$ have layouts in the fields of lab-grown diamonds and semiconductors.
【Exclusive Reference】
> Zhaomin Technology: Jointly develop new products of precision parts for humanoid robots with customers
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$Zhaomin Technology (SZ301000)$ said at the performance briefing that the company has established a solid cooperative relationship with major well-known auto parts suppliers at home and abroad by virtue of its comprehensive advantages in technology development, production scale, production management, quality management, and excellent delivery performance accumulated in special engineering plastics, precision injection molding and precision molds. The company has continuously made new breakthroughs in the new energy vehicle parts market, and has been applied to a number of well-known brands of new energy vehicles at home and abroad to enter the mass production stage.
The company has successively promoted the research and development work in various business fields, and its products such as thermal management modules, electronic water pumps, electronic oil pumps, electronic water valves, and battery cooling module components have been mass-produced, which have been applied by many mainstream new energy vehicle brands. With many years of development experience in the field of special engineering plastics (PEEK, PPS, etc.) and manufacturing experience of precision parts, the company closely follows customer needs and actively develops new products of precision parts for humanoid robots with customers.
> Xinyu Guoke: Carry out the industrial layout of low-altitude fields around meteorological detection and other aspects
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$Xinyu Guoke (SZ300722)$ interactive platform said that the company around the artificial weather modification, artificial demining, meteorological detection to carry out low-altitude field industrial layout, the company's meteorological sounding rocket for the detection of air meteorological elements, demining rocket is conducive to the elimination of air lightning disasters, these products for the low-altitude economy to provide meteorological support; The company will pay close attention to the new trends and directions of the industry, and actively explore development opportunities based on its own endowment advantages.
Announcement Gold Rush】
>$ Pan Micro Network (SH603039)$ net profit in the first quarter was 27.9947 million yuan, a year-on-year increase of 4764.41%.
>$ Sichuan Changhong (SH600839)$ net profit in the first quarter was 176 million yuan, a year-on-year increase of 111.77%.
>$Yutong Bus (SH600066)$ net profit attributable to the parent company in the first quarter was 657 million yuan, a year-on-year increase of 445%.
>$CNOOC (SH601808)$ net profit in the first quarter increased by 57% year-on-year.
>$Changhua Group (SH605018)$ net profit in the first quarter increased by 10970.03% year-on-year.
>$ Aluminum Corporation of China (SH601600)$ net profit in the first quarter increased by 23.01% year-on-year.
>$Montage Technology (SH688008)$ net profit in the first quarter increased by 1032.86% year-on-year.
>$Chuanjinnuo (SZ300505)$ net profit in the first quarter increased by 412.33% year-on-year.
>$ Yihua shares (SZ002897)$ net profit in the first quarter increased by 456.11% year-on-year.
>$Xingqi Ophthalmology (SZ300573)$ net profit in the first quarter increased by 79.59% year-on-year.
>$ Asia Sky Integration (SH603929)$ net profit in the first quarter increased by 258.14% year-on-year.
>$ Xinhua Co., Ltd. (SH603867)$ plans to invest in the construction of a new material relocation and upgrading project with an annual output of 73,000 tons.
>$Jiangyan Group (sh601065)$ subsidiary plans to invest in the construction of an annual output of 1 million tons of MVR salt and calcium co-production project.
>$Changyang Technology (SH688299)$ plans to invest 302 million yuan in the construction of an annual output of 1 million square meters of colorless transparent polyimide film project.
【Dragon and Tiger Stands】
> funds flowed into titanium dioxide, phosphorus chemical and other sectors
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On Thursday, the market rebounded volatile throughout the day, with the three major indexes mixed. At the close, the Shanghai Composite Index rose 0.27% to 3,052.90 points, the Shenzhen Component Index rose 0.14% to 9,264.48 points, and the ChiNext Index fell 0.04% to 1,764.73 points. The total turnover of the two cities was 774.3 billion yuan, a decrease of 21.1 billion yuan from the previous trading day. On the disk, titanium dioxide, phosphorus chemicals, weight loss drugs, logistics and other sectors were among the top gainers, while military informatization, small household appliances, Hongmeng, satellite navigation and other sectors were among the top decliners.
The data of the after-hours Dragon and Tiger list shows that:
$Wanfeng Aowei (SZ002085)$ was bought by one main buyer, with a total net purchase amount of 203 million yuan;
$Changshan Pharmaceutical (SZ300255)$ was bought by the main buyer, with a total net purchase amount of 106 million yuan;
$Haofeng Technology (SZ300419)$ was bought by Power Tour, with a total net purchase of 62.6663 million yuan;
$Haite High-tech (SZ002023)$ won the main force to do T, with a total net purchase of 33.4946 million yuan;
$Lingnan Holdings (SZ000524)$ won the main T, with a total net purchase of 28.2413 million yuan.