Month: May 2020

Six concept stocks in the first anniversary of the Xiong’an New District rose by more than 100% in one year
The number of Xiong’an concept stocks increased sharply on the first anniversary of the establishment of the New District. A number of listed companies entered the market last April. The Xiong’an New District was established, and the “Xiongan Concept Stocks” also came into being.For a while, the market was enthusiastic about the “Xiongan concept”, and some companies were renamed as not implementing business in Xiong’an, or had an indirect impact on the company’s actual performance. Some concept stocks also announced the suspension of verification and the market gradually returned to rationality.Xiong’an concept stocks cooled.　　Now that the Xiong’an New District has been established for almost an anniversary, the data from Flushing i show that the “Xiongan Concept Stocks” increased sharply from the initial 20 to 158.Since the establishment of the Xiong’an New District, the number of individual stocks has increased by 38, accounting for 24%.Among them, the Chinese Academy of Sciences rose the most, with an increase of more than 8 times.　　A reporter from the Beijing News recently visited Xiong’an New Area and learned that there are more and more enterprises stationed in Xiong’an New Area. Due to the overall planning of Xiong’an New Area to be issued, most projects have not yet been officially launched, and most companies have not yet been established in Xiong’an.Carrying out actual business is still in a “ready to war” state.　　The number of concept stocks has greatly increased. The Shanghai Stock Exchange has prevented speculation and speculation on the first anniversary of the establishment of Xiong’an New District, and the number of concept stocks has continued to increase.Flush i statistics show that as of March 29, there were 158 “Xiongan Concept Stocks”.　　In the first week after the birth of Xiong’an New Area, the number of “Xiong’an New Area Concepts Units” recommended by long-term analysis institutions remained at 20-30.　　The first opening day of the establishment of Xiong’an New District is April 5, 2017.Wind information statistics show that on the same day, there were more than 20 concepts such as Huaxia Happiness, Jidong Cement, Jinyu, First Capital, Jinbin Development, Baobian Electric, Shantui, Tianjin Port, Huaxun Ark, Juli Rigging, etc.Stock daily limit.On April 6, the Xiong’an concept stock sector rose 7.51%, Jinghan Shares, Jidong Cement, Huaxia Happiness, Jinyu Shares, Hebei Xuangong and other 33 Xiong’an concept stocks have daily limit.　　One week after the “Xiong’an Concept Stocks” were popular in the capital market, some concept stocks began to clarify the impact of the Xiong’an Concepts on the company’s actual performance, and some concept stocks announced the suspension of verification, and the ups and downs began to diverge.　　On April 5, 2017, Baobian Electric issued a reminder announcement that the current policies of Xiong’an New District have no substantial impact on the company’s production and operation.After two consecutive daily limit adjustments, Hebei Xuanong issued a transaction announcement on the evening of April 6 stating that the company had issued an announcement on April 5 and confirmed after verification that the company had no business or assets in Xiong’an New District.　　On April 9, 2017, Juli Rigging stated that the company currently has no subsidiaries or branches in the three counties of Xiong County, Rongcheng and Anxin, Hebei. The company also has no reserve land in Xiong’an New District.　　Originally announced that it planned to invest 50 million in Xiongxian County, Hebei Province with its own funds to establish Xiong’an Jinglan Garden Technology Co., Ltd. Jinglan Technology, which began to suspend trading on April 6.On April 13, the Capital Group issued an announcement that the company ‘s daily closing price rose by 20% on April 12 and April 13 for two consecutive trading days.According to the relevant regulations of the Shanghai Stock Exchange, which are abnormal changes in stock transactions, a temporary suspension of self-examination was decided.　　Subsequently, the “Xiongan concept stocks” began to increase in decreasing stocks.On April 13, within two weeks of the establishment of the Xiong’an New District, Jinhong Energy, Dongfang Yuhong, and China Railway Construction all experienced declines, of which Jinhong Energy Week’s decline gradually reached 6.65%.　　As listed companies clarified one after another, on April 14, the Shanghai Stock Exchange stated that the establishment of the Xiong’an New Area is an important change for listed companies, and actively encourages and supports listed companies to participate in the construction of the New Area, and at the same time, excessive speculation on the concept stocks of the Xiong’an New Area may existThe main focus of the hype.It mainly conducts joint supervision from two aspects of information disclosure and abnormal trading behavior of listed companies, actively guides rational transactions, fully reveals transaction risks, and resolutely prevents excessive speculation and speculation.　　On September 14, 2017, Kaidi Ecology stated that the company had indicated to the Xiong’an New Area Management Committee that in order to smoothly promote the implementation of the company’s Baiyangdian project, the company planned to set up Kaidi’s office in Xiong’an New Area.Although half a year has passed since the Shanghai Stock Exchange’s statement of “preventing speculation”, the company still received a letter of concern.On September 18, the Shenzhen Stock Exchange sent a letter of attention to Kaidi Ecology, asking the company to explain the necessity and purpose of the matter.　　Over time, the “Xiongan concept stocks” have initially cooled down, but the number is still rising.　　In August 2017, four months after the establishment of Xiong’an New Area, Tongdaxin Software showed that there were 120 concept stocks in Xiong’an New Area.In October 2017, half a year after the establishment of the Xiong’an New Area, the Securities Times stated that, excluding sub-new stocks, 68 concept stocks in the Xiong’an New Area have grown in the past four months, accounting for nearly 50%.Has exceeded 136.　　Six “Xiongan concept stocks” rose by more than 100% in one year. According to financial data from Flush i, 110 companies have gradually reduced their stock rights before April 5, 2017 to March 29, 2018.This means that since the establishment of Xiong’an New District, Xiong’an concept stocks have fallen by nearly 70%.Among them, the biggest reduction was Shenwu Environmental Protection, with a drop of 57.36%.It was followed by Zhongneng Electric and Huijin, with declines of 56.17% and 51.twenty two%.　　The stocks of ST Square, Red Wall, Jinniu Chemical, Weiye, Xiangyou Technology, ST Oil Services, Silk Road Vision, Guotong, Senyuan, and Great Wall of China all fell more than 40%.　　However, there is also a surprising increase in excess concept stocks.Flushing financial data show that since the establishment of the new district, there have been 38 stocks that have gradually increased before the restoration of power, accounting for 24%.Among them, the Chinese Academy of Sciences rose the most, with an increase of more than 8 times.In Hangzhou Garden, China Construction’s shares increased by 520 respectively.81%, 179.68%.　　In May 2017, Hangzhou Garden revealed on the Interactive Easy platform that the company was selected to the Baiyangdian supplier list and would actively participate in related projects.　　In the nearly one year since the establishment of the Xiong’an New District, there have been 6 concept stocks with a growth rate of more than 100%, 12 with a growth rate of more than 50%, 25 with a growth rate of more than 20%, and 30 with a growth rate of more than 10%.　　The establishment of the new district, the infrastructure first The Beijing News reporter based on financial statistics from Flushing, among the existing 158 Xiong’an New District concept stocks, 33 are construction materials, 24 are mechanical equipment, 20 are public utilities, and 17 are information services and equipment.Only, there are 14 real estate, 10 chemical, 9 transportation, and there are also concept stocks in mining, medicine, finance, agriculture, commerce and trade.　　Most of the 158 concept stocks belong to private capital.Stocks of construction materials accounted for the highest proportion.　　”Infrastructure is the most urgently needed project in Xiong’an New District.”Ye Tanglin, a professor at the School of Economics and Public Management of the Capital University of Economics and Trade, and executive director of the Beijing Economic and Social Development Policy Research Base, said that in addition to buildings, roads, and railways on the ground, underground corridors will also become a hot spot for investment.　　Zhang Gui, executive deputy director of the Beijing-Tianjin-Hebei Research Center of Hebei University of Technology, said that when the Xiong’an New District was just established, the construction level of rail transit, road construction, and commercial facilities was not perfect enough, and infrastructure projects would attract investors’ attention.　　Jidong Cement weighs. The construction of Xiong’an New District will directly drive the infrastructure construction of Beijing, Tianjin and Hebei. The company is currently the largest cement manufacturer in the North with a cement production capacity of nearly 1.18 billion tons.For CSG A, in December last year, a media report said that Tianjin CSG was designated as the sole supplier of exterior glass for the first phase of the construction project in Xiong’an New District.On March 6 this year, Lingnan announced that the company and China Power Construction Road and Bridge Group Co., Ltd., as a consortium, had won the first bid for the construction of the 100,000-acre Miaojing dual-use forest construction project in Xiong’an New District, with a bid price of about 2.3.8 billion yuan.　　In June last year, Jinzhi Technology announced that the company plans to invest 50 million yuan to set up a wholly-owned subsidiary Xiong’an Jinzhi Smart Grid Technology Co., Ltd. in Xiong’an New District.The company is confident to actively participate in the work related to the construction of the switch network in the new area.　　On the emerging side, Hekang Xinneng said that the company is convenient to Xiong’an transportation, and its main business matches the key tasks of the seven new districts, such as the construction of a green smart new city proposed by the high-level.　　Xu Kuangdi, the leader of the Beijing-Tianjin-Hebei Coordinated Development Expert Advisory Committee, said that the Xiong’an New District may become a landscape city in the future and be alive and well.This also created space for the development of environmental protection concept stocks.Of the 20 stocks in public utilities, 9 are environmentally friendly.　　In September last year, the Management Committee of Xiong’an New District of Hebei announced that the first batch of Alibaba, Tencent, Baidu, JD Finance, 360 Qihoo, Shenzhen Guangqi, China Telecom, PICC, etc. were approved to set up 48 enterprises in the new district.Among the 48 enterprises, 19 are central enterprises and 21 are private enterprises. High-end and high-tech industries will be the mainstream of the new zone industries.　　 Visit to a number of companies “preparing for war” Xiong’an business is yet to be completed. The reporter from the Beijing News recently visited Xiong’an New District and learned that there are more and more companies stationed in Xiong’an New District, but many projects have not yet officially started.Xiong’an’s business is still in the preparation stage.　　On March 22, a reporter from the Beijing News visited Rongcheng County and saw that on both sides of Aowei Road in the south ring of the county seat, company name plates hanging on roadside facades or buildings can be seen everywhere. Many company names carry “China “or” Group “label.The head of Xin’ao Group’s office in Xiong’an New District told reporters that before April last year, most of them were ordinary stores.　　On March 29, the reporter searched through Tianyan and found that 111 companies with addresses in Baoding, Hebei, which had been established for less than a year, had the word “Xiongan” in their names.Including “Hebei Xiong’an New District Tencent Computer System Co., Ltd.”, which belongs to Tencent.com, and “Ant Financial Xiong’an Digital Technology Co., Ltd.”, which belongs to Ant Financial.On March 22, a reporter from the Beijing News saw that Tencent’s company in Xiong’an was still under renovation.　　At the end of June 2016, a reporter from the Beijing News visited Xiong’an New District. At that time, some central enterprises had rented office buildings in Xiong’an, including Greenland Holdings, China Railway Construction, China Power Construction, China Communications Construction, China Coal Group and other infrastructure.Listed companies in the industry have entered the new district.Large enterprises are still preparing for local work, and office buildings are under renovation.　　China Coal Construction and other staff members have been stationed in the Beijing News reporters. On March 22 and 23, they visited the Xiong’an New Area and learned that Xiong’an New Area has been stationed in China Communications Construction, China Energy, China Power, Greenland Holdings, Oriental Yuhong, NewSubsidiaries or offices of Xiong’an in listed companies such as Austrian shares and SDIC.　　China Coal Construction Group Co., Ltd., which is a listed company of China Coal Energy, has established an office in Xiong’an New District, and its address is not far from the Aowei Building where the Xiong’an New District Management Committee is located.The Beijing News reporter saw that China Coal 杭州夜网 Construction’s current 4-storey office building in Xiong’an New District has been renovated, covering office staff’s offices, restaurants and accommodation.At the door of the company, the phone number of the company staff was also hung.When the Beijing News reporter visited in June 2017, it was still under renovation.　　The staff of China Coal Construction’s Xiong’an Office introduced that the office has always had staff on duty, so that once there is a business visit, the other party can be easily contacted.The above-mentioned staff members are competent. At present, the company has reduced the number of staff to the Xiong’an New Area, and the formal engineering department has not yet begun, mainly to do preliminary preparations. The company is waiting for the Xiong’an New Area Management Committee to release the next overall plan.In the future, it will involve some different project subsidiaries or project teams.No bid has been issued yet. After the bid is issued, we will definitely come and everyone needs a place to work.”The third floor of Rongcheng Hotel, Rongcheng County is the seat of China Huadian Group Xiong’an Energy Co., Ltd.According to staff, at present China Huadian’s project in Xiong’an is “running”, “We are a gas-distributed energy company and are now in contact with the (Xiongan New District) pipeline, and have not yet reached the tender stage.”　　China Power Construction’s working group established in Xiong’an New District has also completed the renovation. The reporter visited during the lunch break. The company’s security personnel said that China Power Construction also rented out the entire office building.) No project has been released yet, just someone is guarding here.”Oriental Yuhong’s newly established subsidiary in Xiong’an New District has completed the renovation.On March 22, the reporter saw that the doors of Dongfang Yuhong Xiong’an Subsidiary were locked. From the window, no other supplies were found except the desks and chairs in the office, and no staff members were seen.　　In December 2017, Oriental Yuhong announced its intention to invest in the establishment of a wholly-owned subsidiary, “Xiongan Oriental Yuhong Construction Technology Co., Ltd.”.On March 29, a reporter from the Beijing News called Dongfang Yuhong. Company staff said that the company ‘s subsidiary in Xiong’an New District had recently been renovated and had not yet settled in the office. “Because there was no construction, we were doingFor some bidding work, our headquarters is located in Beijing, and it is not too far away.On March 25, a reporter from the Beijing News logged on to the Hebei Provincial Public Resource Trading Center and did not find any upcoming projects related to Xiong’an New District.　　Large listed companies participate in service centers. While most companies are still waiting for projects, some companies have participated in the construction of the Xiong’an New Area service center in Xiong’an New Area.Landscape and forestation project.　　According to the introduction of Hebei Provincial Public Resources Trading Center, public bidding for the first area of Block 9 in Xiong’an New District began in October 2017. The two plantations will be in autumn 2017 and spring 2018, and will be completed by the end of April 2018.　　The reporter saw at the project site marked “China Construction” in the first area of the afforestation project on Block 9 of Xiong’an New District that trees such as Pinus tabulaeformis have been planted in the region.　　In November last year, CCCC Tianjin Waterway Bureau Co., Ltd., a subsidiary of China Jiaotong Construction Co., Ltd., won some bids for this project.The consortium formed by the listed company Tianyu Ecology and China’s architectural design, and the China Urban Research Institute also won some bids for the project.　　On January 22, Xiong’an New District announced that it plans to complete a 100,000-mu Miaojing dual-use forest afforestation project.On March 5th, the listed company Tiehan Ecology announced that the bidding consortium formed by the company and the China Railway 18th Bureau was the successful bidder for the fourth bidding stage of the project, and the bidding price of the project was 200 million yuan.The 18th Bureau of China Railway of the listed company China Railway Construction also won part of the bidding section for the afforestation project in Area 1 of Block 9.　　The reporter learned that the fourth tender of the above-mentioned 100,000 mu Miaojing dual-use forest afforestation project is located east of Zhangzhuang Village, Zhanggang Township, Xiong County.On March 23, a reporter from the Beijing News came to the site to see that the planting project under the Tiehan Ecology was already under construction.According to the staff of Tiehan Ecology, some ginkgo trees and other varieties have been planted in the project, and some land plowing work has been completed.　　As an initial project, the service center project in Xiong’an New District is about to be completed, with a total investment of 800 million US dollars.　　The capital and Hebei Provincial Public Resource Trading Center disclosed that the successful bidder for the Xiong’an Citizen Service Center project was a joint venture of China Shipping Real Estate Group Co., Ltd. and three companies affiliated to China Construction.　　On March 22, the reporter saw at the Xiong’an Citizen Service Center project site that the basic construction of the project has been completed, and construction workers are already constructing surrounding greening projects.The staff of the China Construction Third Bureau told reporters that the Xiong’an New District Citizen Service Center is expected to be completed by the end of March.　　Among the Beijing-Hanyang Baiyangdian Project’s No New Progress Xiong’an Concept Stocks, some companies belong to companies that had operations in Xiong’an before the Xiong’an New District policy was introduced.　　In April 2017, Jinghan Shares announced that the company’s subsidiary, Jinghan Real Estate Group, had signed the “Cooperation Framework” with the Anxin County Government on a large-scale comprehensive project on China’s Baiyangdian health care, leisure, pension, and tourism as early as August 2014.”Agreement”, the agreement stipulates that the project covers an area of about 1,500 acres and a total construction area of about 1.55 million square meters.　　In April 2017, some media questioned that the cooperation framework agreement between Jinghan and Anxin County Government was invalid.On March 29, a reporter from the Beijing News called Jinghan to learn about the situation. Company staff said, “No one gave us a formal notice of termination, but the project did not make any new progress.”　　At that time, Jinghan Real Estate had not disclosed that Jinghan Real Estate Anxin Branch had developed the Jinghan · Four Seasons Hall Construction Project in Anxin; due to business development needs, Jinghan Real Estate leased the village committee of Zhangliu Village, Dawang Town, Anxin County to cut down.400,000 square meters, rent 383.RMB 850,000; leased natural person farm land in Xiangcun, Anxin County 4.360,000 square meters with a rent of 127.430,000 yuan.The lease term is up to 13 years.　　On March 23, the reporter came to the Jinghan · Four Seasons Club Project of Jinghan Co., Ltd. and saw that the project had been completed and operated. On both sides of the Four Seasons Club, billboards of “Jinghan Grand Holiday Hotel” were hung.According to the hotel staff, Jinghan no longer has subsidiaries directly operating in Xiong’an, and the Four Seasons Club is also directly managed by the Beijing company.　　The reporter came to the villager’s committee of Zhangliu Village, Dawang Town, Anxin County. The deputy director of the village committee’s village committee introduced that he had no knowledge of the land lease.A member of the village committee told reporters that there are more than 1,000 villagers in Zhangliu Village, and each person has an average of two acres of land.　　The reporter asked Jinghan Securities Office to learn about the lease of land in Zhangliu Village of Dawang Village. The company responded that the company was indeed the same as the announcement.Yes, notice of contract changes.　　Listed companies have inspired Sander’s project in the Xiong’an New District or there may be changes.According to the Enlightened Sander Air Force, there are two urban and rural sanitation integration projects located in Xiong’an New District, namely Anxin County Domestic Waste Treatment Project, Anxin County Sanitation Integration Project, and Anxi County Baiyangdian Scenic Sanitation Market Operation Project.　　On March 21, the staff of Sande Sanitation in Anxin County told reporters that because of policy needs, Anxin County will need waste transportation in the future, and the garbage disposal business will stop on April 1.　　The reporter came to the waste treatment plant in Dawang Town, Anxin County. The staff of the treatment plant said that the waste treatment plant is still operating normally. After the current waste treatment is completed, the waste treatment will be stopped, but the specific time is unknown.situation.　　The reporter called Qidi Sander, and the company staff said that they had not heard of the news that the waste treatment plant was about to stop.”” This project has very little impact on us. “The staff member also said that Enlightening has recently won a bid for a sanitation project in Rongcheng County, which has not yet officially started.　　Beijing News reporter Lin Zili Yunqi Hebei Xiong’an, Beijing reports

Estun (002747): High R & D enhances long-term power

The company released annual and quarterly reports, and achieved operating income in 201814.

610,000 yuan, an increase of 35 in ten years.

72%; net profit attributable to mother 1.

10,000 yuan, an increase of 8 in ten years.

79%.

1Q1 achieved operating income3.

21 ppm, a six-year increase of 6.

21%; net profit attributable to mothers is 18.94 million yuan, a year-on-year increase of 4.

78%.

The growth rate of the company’s net profit in 18 years was lower than the growth rate of operating income, mainly due to: 1.

1. The labor cost caused by the introduction of middle and high-end management talents, such as R & D, sales, and production, is delayed due to the benefits of talents; 2.

Affected by the macroeconomic impact last year, the tightness of funds brought the increase in indicator costs due to the interest rate uplink, and the company’s financial expense ratio in 18 years.

7%, an increase of about 1 last year.

Three.

In terms of business, the core components of smart equipment revenue in 20187.

26 ppm, an increase of 23 in ten years.

6. Among them, the motion control and AC servo system grows about 50% each year; the industrial robot and intelligent manufacturing revenue for 18 years7.

3.5 billion US dollars, an annual increase of 50.

28%.

In 18 years, the company’s comprehensive gross profit margin reached 35.

99%, an increase of 2 over the previous year.

55 pct, scale effect and profitability are further reflected.

High R & D planning looks to the future, and the second half of the year is expected to usher in the company’s robotics 杭州桑拿 business with a gross profit margin of 30 years.

39%, against the backdrop of fluctuations in investment in downstream manufacturing, the gross profit margin increased against the trend, reflecting the company’s superior product quality.

According to the National Bureau of Statistics, from January to March 19, the domestic industrial robot production increased.

230,000 units, with a ten-year average of 11.

7%.

In 2018, the robot industry as a whole showed a trend of highs and lows. At least the base in the second half of the year will help the industry to recover in 19 years.

In addition, the domestic manufacturing PMI50 in March.

5%, back above the critical point.

At the end of the first quarter, the company received advance payments1.

17 trillion, an increase of 41 at the end of the year.

4%.

Investment 都市夜网 suggestion: We expect the company to realize revenue 19-19.

64/25.

01/29.

73 trillion, EPS is 0.

16/0.21/0.

31 yuan / share, the latest sustainable corresponding PE is 64x / 47x / 33x.

The growth rate of the company’s robotics business is much higher than the overall industry level, and the growth expectation of performance is overestimated.

Since January 18, the company estimates that the center is around 80x. Out of the principle of prudence, the company gives the company a 19-year PE estimate of 69x, corresponding to a reasonable value of 11.

04 yuan / share, maintaining the “overweight” rating.

Risk prompts: breakdown of the growth rate of fixed investment in downstream manufacturing; segmentation of robot prices due to intensified industry competition; less-than-expected integration of functional business and management risks; estimated decline in the robotics sector.