[Today's Guide]
○Various policies under formulation to support two-child policy, infant product to gain huge market space
○Institutions inspect oil and gas industrial chain, Beijing and Shanghai strive to develop charging piles
○Youngor bought through secondary market acquisition to 5 pct limit, controlling shareholder of Linyang Energy proposes shareholding increase plan
○Shenhuo Coal﹠Power wins RMB3.5 bln from arbitration, Walvax Biotechnology bought through four institutional seats
TOP
[SSN Focus]
○Various policies under formulation to support two-child policy, infant product to gain huge market space
------
Li Bin, head of the National Health and Family Planning Commission, indicated in the press conference held on March 8 that, based on current situation of implementing universal two-child policy by local governments, the filing rate for pregnant women obviously increases compared to that of the same period last year. The strength will be intensified this year on many aspects to solve the issues related to the supporting policies for implementing the universal two-child policy, such as adding basic public services like infant care and preschool education, studying and improving the supporting policies including baby-birth guarantee, housing and tax. Li pointed out that China will have about 17 million or above babies born annually in the future. It now has over 16 million newly-born babies every year, and the infant product market will be extremely huge.
Comment: According to institutions, along with the support of universal two-child policy and various supporting policies, China's birth rate is likely to obviously rebound within next four years, and the industries including milk powder, toys and infant education will benefit from the market expansion and the upgrading of consumption. Among the A-share companies, Xinjiang Western Animal Husbandry Co., Ltd. (300106.SZ) is the only enterprise with production permission license for infant milk powder in Xinjiang Uygur Autonomous Region; Goldlok Toys Holdings (Guangdong) Co., Ltd. (002348.SZ) expands to child industrial chain based on its main business toy manufacturing; and Vtron Technologies Ltd. (002308.SZ) is speeding up the steps to create a big ecological system for infant education.
◆Li added that the central government is actively pushing forward the formulation of the outline for the construction plan of "Health China", and meanwhile, it is also working on the planning for the health care and the deepening of medical reform during the 13th Five-Year Plan period.
[SSN Selection]
○Yi Gang, vice president of China's central bank, on March 8 indicated that the monetary policy will remain to be prudent as a general policy, but it will be relatively-eased for important authorities supporting the structural reform.
○Wang Xiaolin, deputy director general of the National Energy Administration, on March 8 indicated that National Standard Ⅵ for refined oil product is likely to be implemented in 2019.
○The net inflow of securities margin recorded 68.5 billion yuan last week, representing a net inflow for three weeks in a row.
○Based on report of the Xinhua News Agency, China's first new energy aircraft recently completed the trial flight under low temperature successfully and it has stepped into massive production.
○Shanghai DZH Limited (601519.SH) announced the termination of restructuring with Xiangcai Securities Co., Ltd. and the withdrawal of relevant application documents.
TOP
[Industry Information]
○Oil price constantly rebounds, institutions inspect oil and gas industrial chain
------
The international oil price has accumulatively rebounded by nearly 40 percent since the low set in February. It is learnt that the number of active US rigs fell for the 11th consecutive week to a new low in over six years. Oil producing countries in late March may further discuss the issues related to freezing the crude oil output. The continuous rebound of international oil price attracts increasing attention from institutions on oil and gas industrial chain. Oil service equipment and oil and gas pipe industries receive intensive institutional investigation since March.
Comment: The head of National Energy Administration indicated that China's oil and gas reform scheme is likely to release after the two sessions. Along with openness of upstream resource and separation of pipe and network in the middle stream, private oil service and pipe equipment enterprises are possible to gain new market opportunities. In terms of listed companies, GI Technologies (Beijing) Co., Ltd. (300309.SZ) is mainly engaged in logging instrument, and actively participates in domestic oil and gas reform, and the first phrase of its oil refining plant project in Tadzhikistan will be completed this July; Zhejiang Kingland Pipeline and Technologies Co., Ltd. (002443.SZ), mainly engaged in oil and gas transporting pipelines, will benefit from massive demands aroused by pipe construction of China Petroleum ＆ Chemical Corp. (NYSE: SNP) in Xinjiang, Guangdong province and Zhejiang province.
○Beijing and Shanghai strive to develop charging piles, industrial investment to maintain high growth
------
The Xinhua News Agency reported that as demanded by the coordinated construction of charging facilities in Beijing-Tianjin-Hebei area, State Grid Beijing Electric Power Co., Ltd. plans to construct 14 highway quick-charge stations and 5,880 urban charging piles this year. Besides, Shanghai recently proposes to provide over 1,000 time-sharing releasing service stations for new energy vehicles, over 3,000 electric vehicles and over 5,000 charging piles by this year end.
Comment: Institutions believe that the rapid development of new energy vehicles will push the construction of charging facilities to speed up. It is expected that the investment in charging facilities will reach above 10 billion yuan in 2016, indicating a growth of over 400 percent. The high growth might be maintained in next few years. As to listed companies, the charging facilities of Shenzhen Kstar Science ＆ Technology Co., Ltd. (002518.SZ) are up Japan and Europe's standards; Hangzhou Zhongheng Electric Co., Ltd. (002364.SZ) won the bidding for the charging facilities of State Grid Corporation of China.
○Policy mix to launch for propelling innovation-driven development, Hi-tech parks to play important role
------
SSN learnt that the top-level design for innovation-driven development has taken shape and might be officially launched in recent period. It is also learnt that the Ministry of Science and Technology (MOST) will put "the action plan for the materialization of research findings and the technology transfer" into effect. Person in authority indicates that the action plan will be a package of contents including supporting policies, research findings accumulated in various areas, capital support and supporting reform. It is expected that the action plan will enhance the materialization of China's research findings by a large margin.
Comment: Hi-tech parks, as the incubator for technology innovation, might play an important role in the materialization of research findings in the future. As to listed companies, Shanghai Zhangjiang Hi-tech Park Development Co., Ltd. (600895.SH) and Shanghai Shibei Hi-Tech Co., Ltd. (600604.SH) are engaged in the development of Hi-tech parks; Beijing Centek Venture Capital Co. Ltd. under Beijing Centergate Technologies (Holding) Co., Ltd. (000931.SZ) is the first domestic venture capital enterprise operated under the mode of "incubator venture investment".
TOP
[Announcement Interpretation]
○Youngor bought through secondary market acquisition to 5 pct limit
------
Youngor Group Co., Ltd. (600177.SH) discloses that as of March 8, Yao Jianhua and his wife Zhu Chonghui together with Shenzhen Borui Caizhi Holding Co., Ltd., Shenzhen Enqing Investment Development Co., Ltd. and Hainan Borui Media Investment Co., Ltd. under the couple totally hold 5.07 percent equities of the company, amounting to 113 million shares and reaching the limit of 5 percent bought through secondary market acquisition. The party who initiates the transaction indicates that this move falls into financial investment and further shareholding increase is possible in the future if the valuation of Youngor stays at a reasonable range.
Comment: The assets under Yao Jianhua and his wife are mainly engaged in cloths business. They showed up on the top10 shareholders list of tradable shares as early as in the second quarter of 2007 but never bought over 5 percent shares of the company. As of the end of the third quarter in 2015, Yao Jianhua, Zhu Chonghui and Borui Caizhi totally held over 90.6 million shares of the company. The latest stock price of Youngor closed at 12.7 yuan per share.
○Controlling shareholder of Linyang Energy proposes shareholding increase plan
------
Qidong Huahong Electronics Co., Ltd., controlling shareholder of Jiangsu Linyang Energy Co., Ltd. (601222.SH), plans to buy the company's stocks worth ranging from 50 million yuan to 300 million yuan when share price stays at 26 yuan-36 yuan per share in the next six months. The latest stock price is 29.07 yuan per share.
Controlling shareholder of Eternal Asia Supply Chain Management Ltd. (002183.SZ) increased its shareholding in the company by 920,000 shares on March 8. Controlling shareholder of Zhejiang Rifa Precision Machinery Co., Ltd. (002520.SZ) increased its shareholding in the company by 214,000 shares on March 8 and will continue to increase it by no less than 214,000 shares in next six months, accounting for 2 percent of the company's total share capital at most.
TOP
○Shenhuo Coal﹠Power wins RMB3.5 bln from arbitration
------
According to the announcement of Henan Shenhuo Coal﹠Power Co., Ltd. (000933.SZ), Beijing Arbitration Commission made arbitration that Lu'an Group pay 3,515 million yuan to Shenhuo Coal﹠Power, including 2,421 million yuan, the cost of transferring the coal mining exploitation right at Gaojiazhuang, Zuoquan County, Shanxi Province, and 1,095 million yuan of fine for delaying payment.
○Misho Ecology ＆ Landscape signs big contract with Malaysian firm
------
Misho International (Laos) Ecology ＆ Landscape Co., Ltd., the wholly-owned subsidiary of Jiangsu Misho Ecology ＆ Landscape Co., Ltd. (300495.SZ), signed an engineering contract with a Malaysian firm Giant Consolidated Limited to undertake the green landscape projects of 11 designated development zones along the 220km-long new electrified double-track railway running from Savannakhet Province of Laos to Lao Bao, at the Laos Vietnam border. The contract amount reaches 120 million U.S. dollars (equivalent to about 784 million yuan), accounting for 135 percent of the company's revenues in 2015.
○Future Land Holdings raises RMB5 bln through private placement to develop principal business
------
Future Land Holdings Co., Ltd. (601155.SH) intends to raise 5 billion yuan by issuing 400 million shares through private placement at a floor price of 12.28 yuan to its controlling shareholder Changzhou Fuyu Development Co., Ltd. and others. The company's substantial shareholder will subscribe stocks worth 500 million yuan. 3.8 billion yuan of the fundraising will be used in projects including Xiangyi Zijun houses at Jinan City and Wuyue Square at Shengzhou, Quzhou, Haikou and Ningbo cities, and the rest of 1.2 billion yuan will be used to supplement working capitals. The company's latest stock price is 13.19 yuan per share.
○Dingli Technology Development to resume trading
------
Shanghai Dingli Technology Development (Group) Co., Ltd. (600614.SH) stops mulling significant matters and will resume trading. It plans to implement employee shareholding plan before Sept. 30.
[Financial Reports Express]
○Performance of Das Intellitech expected to surge in Q1
------
Performance of Shenzhen Das Intellitech Co., Ltd. (002421.SZ) is expected to surge by 50 percent-100 percent in the first quarter, which is mainly contributed by the sound development trend of smart communication, smart medical treatment and smart construction businesses.
[Trading Trends]
○Walvax Biotechnology bought through four institutional seats
------
The trading volume ranking list on March 8 shows that Walvax Biotechnology Co., Ltd. (300142.SZ) was bought through four institutional seats with a total of 71,988,000 yuan, accounting for 18.2 percent of its intraday turnover.
Comment: In the opinion of institutions, the R＆D of the company's important products is under orderly progress and the company's performance is going to burst. Institutions are rosy about the breakout of the platform effect of Shandong Shijie Biotechnology Co., Ltd., the surging 23-valent PPSV, the relieving debt pressure and the surging volume of HPV vaccine, monoclonal antibody and other business.
[Trading Alarms]
○Baiyun Electric Equipment to launch IPO on March 9
------
Guangzhou Baiyun Electric Equipment Co., Ltd. (603861.SH) is going to launch IPO at price of 8.5 yuan per share with an upper limit of 14,000 shares for each account on March 9. The P/E ratio is 23 times. Investors who succeed in subscribing the new shares should pay on March 11.
TOP
○Various policies under formulation to support two-child policy, infant product to gain huge market space
○Institutions inspect oil and gas industrial chain, Beijing and Shanghai strive to develop charging piles
○Youngor bought through secondary market acquisition to 5 pct limit, controlling shareholder of Linyang Energy proposes shareholding increase plan
○Shenhuo Coal﹠Power wins RMB3.5 bln from arbitration, Walvax Biotechnology bought through four institutional seats
TOP
[SSN Focus]
○Various policies under formulation to support two-child policy, infant product to gain huge market space
------
Li Bin, head of the National Health and Family Planning Commission, indicated in the press conference held on March 8 that, based on current situation of implementing universal two-child policy by local governments, the filing rate for pregnant women obviously increases compared to that of the same period last year. The strength will be intensified this year on many aspects to solve the issues related to the supporting policies for implementing the universal two-child policy, such as adding basic public services like infant care and preschool education, studying and improving the supporting policies including baby-birth guarantee, housing and tax. Li pointed out that China will have about 17 million or above babies born annually in the future. It now has over 16 million newly-born babies every year, and the infant product market will be extremely huge.
Comment: According to institutions, along with the support of universal two-child policy and various supporting policies, China's birth rate is likely to obviously rebound within next four years, and the industries including milk powder, toys and infant education will benefit from the market expansion and the upgrading of consumption. Among the A-share companies, Xinjiang Western Animal Husbandry Co., Ltd. (300106.SZ) is the only enterprise with production permission license for infant milk powder in Xinjiang Uygur Autonomous Region; Goldlok Toys Holdings (Guangdong) Co., Ltd. (002348.SZ) expands to child industrial chain based on its main business toy manufacturing; and Vtron Technologies Ltd. (002308.SZ) is speeding up the steps to create a big ecological system for infant education.
◆Li added that the central government is actively pushing forward the formulation of the outline for the construction plan of "Health China", and meanwhile, it is also working on the planning for the health care and the deepening of medical reform during the 13th Five-Year Plan period.
[SSN Selection]
○Yi Gang, vice president of China's central bank, on March 8 indicated that the monetary policy will remain to be prudent as a general policy, but it will be relatively-eased for important authorities supporting the structural reform.
○Wang Xiaolin, deputy director general of the National Energy Administration, on March 8 indicated that National Standard Ⅵ for refined oil product is likely to be implemented in 2019.
○The net inflow of securities margin recorded 68.5 billion yuan last week, representing a net inflow for three weeks in a row.
○Based on report of the Xinhua News Agency, China's first new energy aircraft recently completed the trial flight under low temperature successfully and it has stepped into massive production.
○Shanghai DZH Limited (601519.SH) announced the termination of restructuring with Xiangcai Securities Co., Ltd. and the withdrawal of relevant application documents.
TOP
[Industry Information]
○Oil price constantly rebounds, institutions inspect oil and gas industrial chain
------
The international oil price has accumulatively rebounded by nearly 40 percent since the low set in February. It is learnt that the number of active US rigs fell for the 11th consecutive week to a new low in over six years. Oil producing countries in late March may further discuss the issues related to freezing the crude oil output. The continuous rebound of international oil price attracts increasing attention from institutions on oil and gas industrial chain. Oil service equipment and oil and gas pipe industries receive intensive institutional investigation since March.
Comment: The head of National Energy Administration indicated that China's oil and gas reform scheme is likely to release after the two sessions. Along with openness of upstream resource and separation of pipe and network in the middle stream, private oil service and pipe equipment enterprises are possible to gain new market opportunities. In terms of listed companies, GI Technologies (Beijing) Co., Ltd. (300309.SZ) is mainly engaged in logging instrument, and actively participates in domestic oil and gas reform, and the first phrase of its oil refining plant project in Tadzhikistan will be completed this July; Zhejiang Kingland Pipeline and Technologies Co., Ltd. (002443.SZ), mainly engaged in oil and gas transporting pipelines, will benefit from massive demands aroused by pipe construction of China Petroleum ＆ Chemical Corp. (NYSE: SNP) in Xinjiang, Guangdong province and Zhejiang province.
○Beijing and Shanghai strive to develop charging piles, industrial investment to maintain high growth
------
The Xinhua News Agency reported that as demanded by the coordinated construction of charging facilities in Beijing-Tianjin-Hebei area, State Grid Beijing Electric Power Co., Ltd. plans to construct 14 highway quick-charge stations and 5,880 urban charging piles this year. Besides, Shanghai recently proposes to provide over 1,000 time-sharing releasing service stations for new energy vehicles, over 3,000 electric vehicles and over 5,000 charging piles by this year end.
Comment: Institutions believe that the rapid development of new energy vehicles will push the construction of charging facilities to speed up. It is expected that the investment in charging facilities will reach above 10 billion yuan in 2016, indicating a growth of over 400 percent. The high growth might be maintained in next few years. As to listed companies, the charging facilities of Shenzhen Kstar Science ＆ Technology Co., Ltd. (002518.SZ) are up Japan and Europe's standards; Hangzhou Zhongheng Electric Co., Ltd. (002364.SZ) won the bidding for the charging facilities of State Grid Corporation of China.
○Policy mix to launch for propelling innovation-driven development, Hi-tech parks to play important role
------
SSN learnt that the top-level design for innovation-driven development has taken shape and might be officially launched in recent period. It is also learnt that the Ministry of Science and Technology (MOST) will put "the action plan for the materialization of research findings and the technology transfer" into effect. Person in authority indicates that the action plan will be a package of contents including supporting policies, research findings accumulated in various areas, capital support and supporting reform. It is expected that the action plan will enhance the materialization of China's research findings by a large margin.
Comment: Hi-tech parks, as the incubator for technology innovation, might play an important role in the materialization of research findings in the future. As to listed companies, Shanghai Zhangjiang Hi-tech Park Development Co., Ltd. (600895.SH) and Shanghai Shibei Hi-Tech Co., Ltd. (600604.SH) are engaged in the development of Hi-tech parks; Beijing Centek Venture Capital Co. Ltd. under Beijing Centergate Technologies (Holding) Co., Ltd. (000931.SZ) is the first domestic venture capital enterprise operated under the mode of "incubator venture investment".
TOP
[Announcement Interpretation]
○Youngor bought through secondary market acquisition to 5 pct limit
------
Youngor Group Co., Ltd. (600177.SH) discloses that as of March 8, Yao Jianhua and his wife Zhu Chonghui together with Shenzhen Borui Caizhi Holding Co., Ltd., Shenzhen Enqing Investment Development Co., Ltd. and Hainan Borui Media Investment Co., Ltd. under the couple totally hold 5.07 percent equities of the company, amounting to 113 million shares and reaching the limit of 5 percent bought through secondary market acquisition. The party who initiates the transaction indicates that this move falls into financial investment and further shareholding increase is possible in the future if the valuation of Youngor stays at a reasonable range.
Comment: The assets under Yao Jianhua and his wife are mainly engaged in cloths business. They showed up on the top10 shareholders list of tradable shares as early as in the second quarter of 2007 but never bought over 5 percent shares of the company. As of the end of the third quarter in 2015, Yao Jianhua, Zhu Chonghui and Borui Caizhi totally held over 90.6 million shares of the company. The latest stock price of Youngor closed at 12.7 yuan per share.
○Controlling shareholder of Linyang Energy proposes shareholding increase plan
------
Qidong Huahong Electronics Co., Ltd., controlling shareholder of Jiangsu Linyang Energy Co., Ltd. (601222.SH), plans to buy the company's stocks worth ranging from 50 million yuan to 300 million yuan when share price stays at 26 yuan-36 yuan per share in the next six months. The latest stock price is 29.07 yuan per share.
Controlling shareholder of Eternal Asia Supply Chain Management Ltd. (002183.SZ) increased its shareholding in the company by 920,000 shares on March 8. Controlling shareholder of Zhejiang Rifa Precision Machinery Co., Ltd. (002520.SZ) increased its shareholding in the company by 214,000 shares on March 8 and will continue to increase it by no less than 214,000 shares in next six months, accounting for 2 percent of the company's total share capital at most.
TOP
○Shenhuo Coal﹠Power wins RMB3.5 bln from arbitration
------
According to the announcement of Henan Shenhuo Coal﹠Power Co., Ltd. (000933.SZ), Beijing Arbitration Commission made arbitration that Lu'an Group pay 3,515 million yuan to Shenhuo Coal﹠Power, including 2,421 million yuan, the cost of transferring the coal mining exploitation right at Gaojiazhuang, Zuoquan County, Shanxi Province, and 1,095 million yuan of fine for delaying payment.
○Misho Ecology ＆ Landscape signs big contract with Malaysian firm
------
Misho International (Laos) Ecology ＆ Landscape Co., Ltd., the wholly-owned subsidiary of Jiangsu Misho Ecology ＆ Landscape Co., Ltd. (300495.SZ), signed an engineering contract with a Malaysian firm Giant Consolidated Limited to undertake the green landscape projects of 11 designated development zones along the 220km-long new electrified double-track railway running from Savannakhet Province of Laos to Lao Bao, at the Laos Vietnam border. The contract amount reaches 120 million U.S. dollars (equivalent to about 784 million yuan), accounting for 135 percent of the company's revenues in 2015.
○Future Land Holdings raises RMB5 bln through private placement to develop principal business
------
Future Land Holdings Co., Ltd. (601155.SH) intends to raise 5 billion yuan by issuing 400 million shares through private placement at a floor price of 12.28 yuan to its controlling shareholder Changzhou Fuyu Development Co., Ltd. and others. The company's substantial shareholder will subscribe stocks worth 500 million yuan. 3.8 billion yuan of the fundraising will be used in projects including Xiangyi Zijun houses at Jinan City and Wuyue Square at Shengzhou, Quzhou, Haikou and Ningbo cities, and the rest of 1.2 billion yuan will be used to supplement working capitals. The company's latest stock price is 13.19 yuan per share.
○Dingli Technology Development to resume trading
------
Shanghai Dingli Technology Development (Group) Co., Ltd. (600614.SH) stops mulling significant matters and will resume trading. It plans to implement employee shareholding plan before Sept. 30.
[Financial Reports Express]
○Performance of Das Intellitech expected to surge in Q1
------
Performance of Shenzhen Das Intellitech Co., Ltd. (002421.SZ) is expected to surge by 50 percent-100 percent in the first quarter, which is mainly contributed by the sound development trend of smart communication, smart medical treatment and smart construction businesses.
[Trading Trends]
○Walvax Biotechnology bought through four institutional seats
------
The trading volume ranking list on March 8 shows that Walvax Biotechnology Co., Ltd. (300142.SZ) was bought through four institutional seats with a total of 71,988,000 yuan, accounting for 18.2 percent of its intraday turnover.
Comment: In the opinion of institutions, the R＆D of the company's important products is under orderly progress and the company's performance is going to burst. Institutions are rosy about the breakout of the platform effect of Shandong Shijie Biotechnology Co., Ltd., the surging 23-valent PPSV, the relieving debt pressure and the surging volume of HPV vaccine, monoclonal antibody and other business.
[Trading Alarms]
○Baiyun Electric Equipment to launch IPO on March 9
------
Guangzhou Baiyun Electric Equipment Co., Ltd. (603861.SH) is going to launch IPO at price of 8.5 yuan per share with an upper limit of 14,000 shares for each account on March 9. The P/E ratio is 23 times. Investors who succeed in subscribing the new shares should pay on March 11.
TOP
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