[Today's Guide]
○Institutions carry out investigations and surveys on intelligent drive field with huge space of potential development
○New energy automobile enhances motor sales growth, Intelligent military industry sees milestone
○Tsinghua Unigroup bought shares of TongLing Zonfa Trinity Technology to five percent limit, Chint Electrics acquires equity of Spain graphene battery company
○Hirisun Tech. propose high share conversion and dividend, Jingyuntong Tech. and others forecast growth
[SSN Focus]
○Institutions carry out investigations and surveys on intelligent drive field with huge space of potential development
------
SSN statistics shows that institutions recently carry out many investigations and surveys on listed companies in the intelligent drive field. Tens of institutions also do that on Zhejiang Asia-pacific Mechanical ＆ Electronic Co., Ltd. (002284.SZ), Shenzhen Deren Electronic Co., Ltd. (002055.SZ), Zhejiang Jingu Co., Ltd. (002488.SZ) and etc., which were mainly engaged in automobile components in the past but now build up intelligent drive ecosphere by positively conducting cross-industrial acquisitions.
Comment: In terms of social development trend, intelligent drive can extremely improve the driving efficiency, reduce mortality rate caused by traffic accident, and ease the traffic jam. The UN has already done a job to formulate safety rules for unmanned drive. The U.S. proposes to provide 4 billion U.S. dollars to accelerate the unmanned drive development in next ten years. China will also carry out a demonstration to apply internet-based intelligent automobile and traffic in Chongqing municipality. Double-drive of policy and consumption demand will constantly support a rapid growth for the industry.
[SSN Selection]
○Chinese President Xi Jinping made important instruction on food safety work, requiring that a job should be accelerated and improved to unify authoritative supervision system and mechanism.
○The central bank will temperately increase open market operation before and after the Spring Festival to stabilize the market liquidity. Net input capital this week continues to increase month-to-month.
○Ministry of Finance requires that issuing scale of the local bonds should be set scientifically and rationally, and it will also promote diversity of investors.
○Ministry of Agriculture deploys the agricultural and rural economic work of this year, focusing on breakthroughs of key technologies in the fields of biological breeding, agricultural machinery equipment, intelligent agriculture and ecological environment protection.
○China CITIC Bank Corporation Limited (601998.SH) indicated that risk event related to notes business involves the capital of 969 million yuan, and it is actively providing support for public security authority's investigation.
TOP
[Industrial Information]
○New energy automobile enhances motor sales growth, advanced enterprises likely to win
------
Zhongshan Broad-Ocean Motor Co., Ltd. (002249.SZ) announced in the evening of Jan. 8 to raise its performance forecast of 2015 to 0 percent to 30 percent from original -15 percent to 15 percent, mainly due to sales growth in powertrain system of new energy automobile in the fourth quarter of 2015. Additionally, in the 2nd China EV100 Forum held a few days ago, Lou Jiwei, minister of Ministry of Finance, indicated that support for technological advantages based enterprises will be highlighted, and standards on safety, reliability, consistency and technology of key components will be greatly improved, which allows advanced enterprises to gain more subsidies for new energy automobile.
Comment: Benefitting from rapid growth in sales of new energy automobile and obvious market space of core components, such as powertrain system and drive motor, advanced enterprises are likely to win in the competiveness. In terms of listed companies, a subsidiary of Yantai Zhenghai Magnetic Material Co., Ltd. (300224.SZ) named as Shanghai Dajun is mainly engaged in drive motor system of new energy automobile; Zhejiang Founder Motor Co., Ltd. (002196.SZ) gained a capability to integrate motor and electronic control through acquiring Shanghai Highenergy Automotive Electronics Co., Ltd. and Hangzhou Devos Motor-driven Technology Co., Ltd.
○Intelligent military industry sees milestone, UAVs industry to see rapid development
------
The PLA Daily reported on Jan. 28 that the U.S. Department of Defense will maintain unmanned Global Hawk drones and gradually eliminate U-2 reconnaissance airplanes from 2016. It is the first time that unmanned systems have defeated traditional arms and equipment and marks a milestone in the intelligent revolution. Driven by artificial intelligence and information technologies, the intelligent military wave has kicked off.
The application of unmanned aerial vehicles (UAVs) has been expanded from unconventional warfare to conventional warfare currently with a market potential of 100 billion yuan. Chongqing Zongshen Power Machinery Co., Ltd. (001696.SZ) is actively developing UAVs through the acquisition of shares of the Aviation Shenzhou Aircraft Company. The TDO engines developed by it have been applied to Rainbow 3 UAVs and have completed trial flights. The UAVs can be used as reconnaissance planes. China Aerospace Times Electronics Co., Ltd. (600879.SH) is principally engaged in national defense and aerospace electronics. Its UAVs business focuses on medium to short range and enjoys huge market potentials. Its UAVs have been used in military and security guard industries.
TOP
[Announcement Interpretation]
○Tsinghua Unigroup bought shares of TongLing Zonfa Trinity Technology to five percent limit
------
Tsinghua Unigroup Ltd. bought 8.05 million shares of TongLing Zonfa Trinity Technology Co., Ltd. (600520.SH) on Jan. 27, accounting for 5.08 percent of the company's total share capital. The average price was 16.36 yuan per share, totaling about 130 million yuan. Tsinghua Unigroup made this move as it is confident that TongLing Zonfa Trinity Technology can do well in the expansion and transformation development in new business field in the future. The latest share price of TongLing Zonfa Trinity Technology is 14.92 yuan per share. The company announced on Jan. 27 that it may be classified into the ST (special treatment) sector due to the two-year losses.
○Chint Electrics acquires equity of Spain graphene battery company
------
Zhejiang Chint Electrics Co., Ltd. (601877.SH) plans to acquire 10 equity of GRABAT ENERGY, S.L. at 18 million Euros (equivalent to about 126 million yuan). GRABAT is now embarking on the industrialization construction of electric motors and electric vehicles plants based on the graphene battery application and its net profits were 205,000 Euros in 2015. The two companies intend to build a joint venture plant in Spain to produce the kernel module of energy storage battery. The JV plant will assemble the energy storage battery in China and offers exclusive distribution in China through Chint Electrics.
○Several companies see shareholding increase
------
Juhua Group Corporation, controlling shareholder of Zhejiang Juhua Co., Ltd. (600160.SH), continued to increase its shareholding in the company by 9.95 million shares on Jan. 28. Fosun Group, controlling shareholder of Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (600196.SH), increased its shareholding in the company by 2.81 million shares on Jan. 28 and will continue to increase it at proper time. Pearl River Industrial Group, controlling shareholder of Guangzhou Pearl River Industrial Development Co., Ltd. (600684.SH), increased its shareholding in the company by 7.03 million shares during Jan. 27-28 and continue to increase it by no more than 2 percent of the total share capital. Zhejiang Ruikang Investment Co., Ltd., controlling shareholder of Lotus Health Industry Holding Group Company (600186.SH), increased its shareholding in the company by 3.42 million shares on Jan. 28. Actual controller and senior executives of Guangdong Chj Industry Co., Ltd. (002345.SZ) increased their shareholding in the company by 1.18 million shares on Jan. 28.
Markor International Home Furnishings Co., Ltd. (600337.SH) proposes to repurchase a maximum of 33.33 million shares with its own fund of 100 million to 400 million yuan at a price of no more than 12 yuan per share, accounting for 5.16 percent of its total share capital. These shares will be written off. Liu Shui, the actual controller of (300197.SZ) will increase shareholding in the company with no more than 200 million in the following two months. Pang Qinghua, the controlling shareholder of Pangda Automobile Trade Co., Ltd. (601258.SH), will increase holding of no more than 2 percent of the shares in the company with no more than 409 million in the following 12 months. The controlling shareholder and subsidiary of Roshow Technology Co., Ltd. (002617.SZ) will increase holding of no more than 2 percent of the shares in the company in the following 6 months. The controlling shareholder of Honyu Wear-Resistant New Materials Co., Ltd. (300345.SZ) will increase shareholding in the company with no more than 100 million yuan in the following 3 months.
○Huading Nylon to introduce employee shareholding plans
------
Yiwu Huading Nylon Co., Ltd. (601113.SH) proposes to introduce an employee shareholding plan to raise no more than 65 million yuan. The plan will be managed by the Tianzhi Wukang No. 7 assets management plan.The upper limit of the assets management plan will be 195 million. It will establish the preferred portion and the progressive portion at a proportion of 2:1. The employee shareholding plan will subscribe the preferred stocks in full amount. The Tianzhi Wukang No. 7 assets management plan will complete purchasing within 6 months after the company's general meeting passes the employee shareholding plan.
TOP
[Financial Reports Express]
○Hirisun Tech. proposes high share conversion and dividend
------
Shenzhen Hirisun Technology Incorporated (300277.SZ) estimates turning loss to profits according to its annual report. Its second and third largest shareholders propose a 15-for-10 conversion of capital surplus into shares combined with 0.3 yuan dividend for every 10 shares in its annual report.
○Jingyuntong Tech. and others forecast growth
------
Beijing Jingyuntong Technology Co., Ltd. (601908.SH) forecasts its net profit to grow 900 to 1,250 percent in its annual report mainly due to remarkable increase in photovoltaic business. Guangzhou Guangri Stock Co., Ltd. (600894.SH) forecasts its net profit to grow 215 to 253 percent in its annual report mainly because it obtained land compensation. Jiangsu Jiangnan Water Co., Ltd. (601199.SH) forecasts its net profit to grow 50 to 70 percent in its annual report mainly due to its reduction in cost and consumption. Beijing Homyear Capital Holdings Co., Ltd. (600240.SH) forecasts its net profit to grow90 to 130 percent in its annual report mainly because it transferred Homyear Real Estate Co., Ltd. Sunwoda Electronic Co., Ltd. (300207.SZ) forecasts its net profit to grow 80 to 110 percent on its annual report mainly due to surging revenue from main business.
[Trading Trends]
○Four institutions bought Jinhe Industrial
------
The trading volume ranking list on Jan. 29 shows that Anhui Jinhe Industrial Co., Ltd. (002597.SZ) was bought by four institutions with a total amount of 78.91 million yuan, accounting for 24 percent of its intraday turnover.
Comment: The company is the world number one in term of acesulfame-k and maltol productivity. Institutes believe that as new sweeteners have excellent cost-performance and consumers have grown increasingly demands for safe and low-calories food, the market still has room for growth. Benefiting from opportunities in potential withdrawal of its competitors, the company sees more pricing power. The acesulfame-k price is expected to enter a rebound cycle and its profitability will increase.
[Trading Alarms]
○Luyan (Fujian) Pharma to debut IPO on Jan. 29
------
Luyan (Fujian) Pharma Co., Ltd. (002788.SZ) will offer shares at 18.65 yuan per share with an upper limit of 12,500 shares for each applicant. The company's PE ratio is 23 times. After applied for subscription, applicants should ensure there is sufficient money for the payment according to their successful application on Feb. 2.
TOP
○Institutions carry out investigations and surveys on intelligent drive field with huge space of potential development
○New energy automobile enhances motor sales growth, Intelligent military industry sees milestone
○Tsinghua Unigroup bought shares of TongLing Zonfa Trinity Technology to five percent limit, Chint Electrics acquires equity of Spain graphene battery company
○Hirisun Tech. propose high share conversion and dividend, Jingyuntong Tech. and others forecast growth
[SSN Focus]
○Institutions carry out investigations and surveys on intelligent drive field with huge space of potential development
------
SSN statistics shows that institutions recently carry out many investigations and surveys on listed companies in the intelligent drive field. Tens of institutions also do that on Zhejiang Asia-pacific Mechanical ＆ Electronic Co., Ltd. (002284.SZ), Shenzhen Deren Electronic Co., Ltd. (002055.SZ), Zhejiang Jingu Co., Ltd. (002488.SZ) and etc., which were mainly engaged in automobile components in the past but now build up intelligent drive ecosphere by positively conducting cross-industrial acquisitions.
Comment: In terms of social development trend, intelligent drive can extremely improve the driving efficiency, reduce mortality rate caused by traffic accident, and ease the traffic jam. The UN has already done a job to formulate safety rules for unmanned drive. The U.S. proposes to provide 4 billion U.S. dollars to accelerate the unmanned drive development in next ten years. China will also carry out a demonstration to apply internet-based intelligent automobile and traffic in Chongqing municipality. Double-drive of policy and consumption demand will constantly support a rapid growth for the industry.
[SSN Selection]
○Chinese President Xi Jinping made important instruction on food safety work, requiring that a job should be accelerated and improved to unify authoritative supervision system and mechanism.
○The central bank will temperately increase open market operation before and after the Spring Festival to stabilize the market liquidity. Net input capital this week continues to increase month-to-month.
○Ministry of Finance requires that issuing scale of the local bonds should be set scientifically and rationally, and it will also promote diversity of investors.
○Ministry of Agriculture deploys the agricultural and rural economic work of this year, focusing on breakthroughs of key technologies in the fields of biological breeding, agricultural machinery equipment, intelligent agriculture and ecological environment protection.
○China CITIC Bank Corporation Limited (601998.SH) indicated that risk event related to notes business involves the capital of 969 million yuan, and it is actively providing support for public security authority's investigation.
TOP
[Industrial Information]
○New energy automobile enhances motor sales growth, advanced enterprises likely to win
------
Zhongshan Broad-Ocean Motor Co., Ltd. (002249.SZ) announced in the evening of Jan. 8 to raise its performance forecast of 2015 to 0 percent to 30 percent from original -15 percent to 15 percent, mainly due to sales growth in powertrain system of new energy automobile in the fourth quarter of 2015. Additionally, in the 2nd China EV100 Forum held a few days ago, Lou Jiwei, minister of Ministry of Finance, indicated that support for technological advantages based enterprises will be highlighted, and standards on safety, reliability, consistency and technology of key components will be greatly improved, which allows advanced enterprises to gain more subsidies for new energy automobile.
Comment: Benefitting from rapid growth in sales of new energy automobile and obvious market space of core components, such as powertrain system and drive motor, advanced enterprises are likely to win in the competiveness. In terms of listed companies, a subsidiary of Yantai Zhenghai Magnetic Material Co., Ltd. (300224.SZ) named as Shanghai Dajun is mainly engaged in drive motor system of new energy automobile; Zhejiang Founder Motor Co., Ltd. (002196.SZ) gained a capability to integrate motor and electronic control through acquiring Shanghai Highenergy Automotive Electronics Co., Ltd. and Hangzhou Devos Motor-driven Technology Co., Ltd.
○Intelligent military industry sees milestone, UAVs industry to see rapid development
------
The PLA Daily reported on Jan. 28 that the U.S. Department of Defense will maintain unmanned Global Hawk drones and gradually eliminate U-2 reconnaissance airplanes from 2016. It is the first time that unmanned systems have defeated traditional arms and equipment and marks a milestone in the intelligent revolution. Driven by artificial intelligence and information technologies, the intelligent military wave has kicked off.
The application of unmanned aerial vehicles (UAVs) has been expanded from unconventional warfare to conventional warfare currently with a market potential of 100 billion yuan. Chongqing Zongshen Power Machinery Co., Ltd. (001696.SZ) is actively developing UAVs through the acquisition of shares of the Aviation Shenzhou Aircraft Company. The TDO engines developed by it have been applied to Rainbow 3 UAVs and have completed trial flights. The UAVs can be used as reconnaissance planes. China Aerospace Times Electronics Co., Ltd. (600879.SH) is principally engaged in national defense and aerospace electronics. Its UAVs business focuses on medium to short range and enjoys huge market potentials. Its UAVs have been used in military and security guard industries.
TOP
[Announcement Interpretation]
○Tsinghua Unigroup bought shares of TongLing Zonfa Trinity Technology to five percent limit
------
Tsinghua Unigroup Ltd. bought 8.05 million shares of TongLing Zonfa Trinity Technology Co., Ltd. (600520.SH) on Jan. 27, accounting for 5.08 percent of the company's total share capital. The average price was 16.36 yuan per share, totaling about 130 million yuan. Tsinghua Unigroup made this move as it is confident that TongLing Zonfa Trinity Technology can do well in the expansion and transformation development in new business field in the future. The latest share price of TongLing Zonfa Trinity Technology is 14.92 yuan per share. The company announced on Jan. 27 that it may be classified into the ST (special treatment) sector due to the two-year losses.
○Chint Electrics acquires equity of Spain graphene battery company
------
Zhejiang Chint Electrics Co., Ltd. (601877.SH) plans to acquire 10 equity of GRABAT ENERGY, S.L. at 18 million Euros (equivalent to about 126 million yuan). GRABAT is now embarking on the industrialization construction of electric motors and electric vehicles plants based on the graphene battery application and its net profits were 205,000 Euros in 2015. The two companies intend to build a joint venture plant in Spain to produce the kernel module of energy storage battery. The JV plant will assemble the energy storage battery in China and offers exclusive distribution in China through Chint Electrics.
○Several companies see shareholding increase
------
Juhua Group Corporation, controlling shareholder of Zhejiang Juhua Co., Ltd. (600160.SH), continued to increase its shareholding in the company by 9.95 million shares on Jan. 28. Fosun Group, controlling shareholder of Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (600196.SH), increased its shareholding in the company by 2.81 million shares on Jan. 28 and will continue to increase it at proper time. Pearl River Industrial Group, controlling shareholder of Guangzhou Pearl River Industrial Development Co., Ltd. (600684.SH), increased its shareholding in the company by 7.03 million shares during Jan. 27-28 and continue to increase it by no more than 2 percent of the total share capital. Zhejiang Ruikang Investment Co., Ltd., controlling shareholder of Lotus Health Industry Holding Group Company (600186.SH), increased its shareholding in the company by 3.42 million shares on Jan. 28. Actual controller and senior executives of Guangdong Chj Industry Co., Ltd. (002345.SZ) increased their shareholding in the company by 1.18 million shares on Jan. 28.
Markor International Home Furnishings Co., Ltd. (600337.SH) proposes to repurchase a maximum of 33.33 million shares with its own fund of 100 million to 400 million yuan at a price of no more than 12 yuan per share, accounting for 5.16 percent of its total share capital. These shares will be written off. Liu Shui, the actual controller of (300197.SZ) will increase shareholding in the company with no more than 200 million in the following two months. Pang Qinghua, the controlling shareholder of Pangda Automobile Trade Co., Ltd. (601258.SH), will increase holding of no more than 2 percent of the shares in the company with no more than 409 million in the following 12 months. The controlling shareholder and subsidiary of Roshow Technology Co., Ltd. (002617.SZ) will increase holding of no more than 2 percent of the shares in the company in the following 6 months. The controlling shareholder of Honyu Wear-Resistant New Materials Co., Ltd. (300345.SZ) will increase shareholding in the company with no more than 100 million yuan in the following 3 months.
○Huading Nylon to introduce employee shareholding plans
------
Yiwu Huading Nylon Co., Ltd. (601113.SH) proposes to introduce an employee shareholding plan to raise no more than 65 million yuan. The plan will be managed by the Tianzhi Wukang No. 7 assets management plan.The upper limit of the assets management plan will be 195 million. It will establish the preferred portion and the progressive portion at a proportion of 2:1. The employee shareholding plan will subscribe the preferred stocks in full amount. The Tianzhi Wukang No. 7 assets management plan will complete purchasing within 6 months after the company's general meeting passes the employee shareholding plan.
TOP
[Financial Reports Express]
○Hirisun Tech. proposes high share conversion and dividend
------
Shenzhen Hirisun Technology Incorporated (300277.SZ) estimates turning loss to profits according to its annual report. Its second and third largest shareholders propose a 15-for-10 conversion of capital surplus into shares combined with 0.3 yuan dividend for every 10 shares in its annual report.
○Jingyuntong Tech. and others forecast growth
------
Beijing Jingyuntong Technology Co., Ltd. (601908.SH) forecasts its net profit to grow 900 to 1,250 percent in its annual report mainly due to remarkable increase in photovoltaic business. Guangzhou Guangri Stock Co., Ltd. (600894.SH) forecasts its net profit to grow 215 to 253 percent in its annual report mainly because it obtained land compensation. Jiangsu Jiangnan Water Co., Ltd. (601199.SH) forecasts its net profit to grow 50 to 70 percent in its annual report mainly due to its reduction in cost and consumption. Beijing Homyear Capital Holdings Co., Ltd. (600240.SH) forecasts its net profit to grow90 to 130 percent in its annual report mainly because it transferred Homyear Real Estate Co., Ltd. Sunwoda Electronic Co., Ltd. (300207.SZ) forecasts its net profit to grow 80 to 110 percent on its annual report mainly due to surging revenue from main business.
[Trading Trends]
○Four institutions bought Jinhe Industrial
------
The trading volume ranking list on Jan. 29 shows that Anhui Jinhe Industrial Co., Ltd. (002597.SZ) was bought by four institutions with a total amount of 78.91 million yuan, accounting for 24 percent of its intraday turnover.
Comment: The company is the world number one in term of acesulfame-k and maltol productivity. Institutes believe that as new sweeteners have excellent cost-performance and consumers have grown increasingly demands for safe and low-calories food, the market still has room for growth. Benefiting from opportunities in potential withdrawal of its competitors, the company sees more pricing power. The acesulfame-k price is expected to enter a rebound cycle and its profitability will increase.
[Trading Alarms]
○Luyan (Fujian) Pharma to debut IPO on Jan. 29
------
Luyan (Fujian) Pharma Co., Ltd. (002788.SZ) will offer shares at 18.65 yuan per share with an upper limit of 12,500 shares for each applicant. The company's PE ratio is 23 times. After applied for subscription, applicants should ensure there is sufficient money for the payment according to their successful application on Feb. 2.
TOP
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