[Today's Guide]
○ NDRC expects pork price to remain high, upstream industry likely to boom
○ U.S. lands rockets on ocean platform for 1st time, Asian Robotics League established
○ YTO Express (Logistics) to borrow shell of Dayang Trands with RMB17.5 bln, Chieftain Control Engineering Technology to expand rehabilitation therapy area through M＆A
○ Cosunter Pharmaceutical plans to develop emplastrum, Blue Sail Medical and others proposes high share conversion and dividend
[SSN Focus]
○ NDRC expects pork price to remain high, upstream industry likely to boom
------
The National Development and Reform Commission (NDRC) on April 10 published an article, which said that the current high pork price is sort of recovery and compensatory; since the breeding stock of hog and brood sow is still low, it expected that pork price will remain high before this Middle Autumn and National Day; local governments should strengthen disease prevention and control and vigorously support standardized massive cultivation of hogs.
Comment: according to arrangement, the National Bureau of Statistics (NBS) will issue CPI data of March on April 11 morning. Pork price, a big weight in CPI, will catch much attention. Data shows that the price hike of hogs has led the breeding stock of hog to bottom out at the end of March. Fodder, addictive and vaccine are in the after breeding cycle, and are likely to gradually benefit from pork price hike. In fodder shares on the A-share market, Jiangxi Zhengbang Technology Co., Ltd. (002157.SZ) and Ningbo Tech-bank Co., Ltd. (002124.SZ) are actively expanding breeding business, and are expected to significantly turn deficit into profits in Q1. Zhejiang NHU Company Ltd. (002001.SZ) and Xiamen Kingdomway Group Company (002626.SZ) are vitamin producers, and their biggest downstream demand comes from fodder addictive. Various vitamin E producers have recently raised the price to above 70 yuan per kg from last year's 40 yuan per kg.
[SSN Selection]
○ China Securitas Regulatory Commission (CSRC) on April 8 issued the Measures for the Administration of Risk Control Indicators of Securities Firms (amended), lowering the net assets-liabilities ratio from no less than 20 percent to 10 percent.
○ The 18th meeting of the Small Leading Group for State-Owned Enterprise Reform under the State Council was held on April 8, emphasizing to accelerate ten sorts of reform pilots this year.
○ Hainan Province has recently reviewed and passed implementation opinion, aiming to promote 30,000 new energy vehicles and construct over 28,000 charging pile during the 13th Five-Year Period.
○ On April 8, New York crude oil surged over 6 percent, due to double decreases of U.S. crude oil inventory and the number of oil field drilling rigs led the market to expect that oversupply will ease.
○ Toyota announced that it will open the third research center in the U.S. this June, fousing on the research of unmanned driving related technologies.
TOP
[Industry Information]
○ U.S. lands rockets on ocean platform for 1st time, vigorously boost development of aerospace industry
------
On April 8 (U.S. time), SpaceX, a company founded by the CEO of Tesla Elon Musk, successfully recycled the first stage of the Falcon 9. It is the first time in human history that rocket was recycled on the ocean, enabling expensive equipment such as rocket engine and guided system to be reused, and markedly reducing the costs of space launch.
Comment: media reported that the research center of China Academy of Launch Vehicle Technology (CALV) is also deploying recyclable rocket in low profile, and conducting research in two ways: combining parachute and gasbag, and plummet. The research center is currently tackling problems in key technologies. Once breakthroughs are made, rocket recycle technology will vigorously promote space engineering construction and the development of satellite communication and navigation industries. In listed companies, Changzheng Engineering Co., Ltd. (603698.SH) is controlled by CALV; Chengdu CORPRO Technology Co., Ltd. (300101.SZ) is actively deploy satellite communication and remote sensing field.
○ Asian Robotics League established, China and Germany will have dialogue in intelligent manufactruing
------
On the China Information Technology Expo held on April 8, the Asian Robotics League officially announced its establishment. Huai Jinpeng, vice minister of the Ministry of Industry and Information Technology (MIIT) indicated that China attaches great importance to innovation and industrialization of advanced emerging sectors, including robot, and China's inventory of industrial robots is one third that of the world. In addition, Made in China 2025 and Germany Industry 4.0 dialogue meeting will be held between April 13 and 15 IN Deyang City, Sichuan Province.
Comment: three ministries have lately jointly issued Robot Industry Development Plan (2016-2020), aiming to lead rapid, sound and sustainable development of China's robot industry. According to the plan, China's sales volume of robot will reach 150,000 units in five years, and the output value of China's robot industry will touch 100 billion yuan. In listed companies, Dalian Zhiyun Automation Co., Ltd. (300097.SZ) is a leading solution provider of complete automation equipment scheme in engine area in China, and the company also taps into lithium battery equipment industry through Shenzhen Geesun Automation Technology Co., Ltd; Jiangsu Yawei Machine Tool Co., Ltd. (002559.SZ) are strive to develop laser machine tool, robot and sheet metal process automation production business.
TOP
[Announcement Interpretation]
○ YTO Express (Logistics) to borrow shell of Dayang Trands with RMB17.5 bln
------
Dalian Dayang Trands Co., Ltd. (600233.SH) proposes to sell all its assets and liabilities at the valuation of 1,234 million yuan to Shanghai YTO Dragon Investment Development (Group) Limited and Yunfeng Xinchuang, controlling shareholders of Shanghai YTO Express (Logistics) Co., Ltd. At the same time, Dayang Trands proposes buy the entire equity of YTO Express (Logistics) at the total valuation of 17.5 billion yuan by issuing additional 2,270 million shares to all shareholders of YTO Express (Logistics) at 7.72 yuan per share (after ex-right and ex-dividend), and meanwhile raise supporting fund of 2.3 billion yuan from seven subjects.
According to its commitment on results, the net profits of YTO Express (Logistics) after deduction of non-recurring profits or losses are 1.1 billion yuan, 1.33 billion yuan and 1.55 billion yuan from 2016-2018 respectively. The company was 25.13 yuan per share before suspension of trading. It had announced a distribution plan of 10-for-10 conversion of capital surplus into shares combined with 0.9 yuan dividend.
○ Chieftain Control Engineering Technology to expand rehabilitation therapy area through M＆A
------
Beijing Chieftain Control Engineering Technology Co., Ltd. (300430.SZ) proposes to acquire the entire equities of Guangzhou Longest Science ＆ Technology Co., Ltd. and Beijing Brchoo Technology Development Co., Ltd. at the valuation of 643 million yuan through additional issuance and cash payment. Meanwhile, the company proposes to raise supporting fund of 3.9 million yuan, in which the issuing price of additional issuance in respect of assets acquisition is 53.19 yuan per share. The company was 46.01 yuan per share before suspension of trading.
Longest Science ＆ Technology is primarily engaged in rehabilitation therapy instrument. Its committed results is to realize net profits of 27.19 million yuan, 38.06 million yuan and 52.56 million yuan for 2016-2018 respectively; Brchoo Technology Development is primarily engaged in food and beverage and packaging equipment used in pharmaceutical and chemical industry, its committed net profits for 2016-2018 are 5 million yuan, 10 million yuan and 15 million yuan, respectively.
TOP
○ Cosunter Pharmaceutical plans to raise RMB 320mln to develop emplastrum
------
Fujian Cosunter Pharmaceutical Co., Ltd. (300436.SZ) plans to raise 320 million yuan through private placement to gain 80 percent equities in Shanghai Lisuo Medical Technology Co., Ltd. By acquisition, it will gain 90 equities in Shanghai Huazhou Pressure Sensitive Product Co., Ltd. and 60 equities in Hexin Nuotai (Beijing) Medical Technology Co., Ltd. The rest proceeds will supplement operation capital.
The target company are all engaged in emplastrum business. Lisuo Medical Technology promises that based on the net profit of 24 million yuan in 2015, its net profit growth in the next five years will be no less than 25 percent over the previous year. Huazhou Pressure Sensitive Product and Hexin Nuotai (Beijing) Medical Technology promise that based on their perspective of the net profit of 20 million yuan and 10 million yuan in 2015, their net profit growth in the next three years will be 15 percent and 20 percent.
○ Haite High-Tech opens gallium arsenide production line
------
Chengdu Haiwei Huaxin Science and Technology Co., Ltd. controlled by Sichuan Haite High-Tech Co., Ltd. (002023.SZ) opened its first 6-inch production line of the second and third generation of compound semiconductor integrated circuit chip. The production line can also produce gallium nitride and high-end optoelectronics. Their technical index has reached the industry's advanced level abroad. It marks breaking foreign companies' monopoly in high-end radio frequency chip in China and becoming an important guarantee for safety of China's high-end chip supply.
○ Sichuan Road ＆ Bridge to acquire African polymetallic ore project through private placement
------
Sichuan Road ＆ Bridge Co., Ltd. (600039.SH) plans to raise 3.6 billion yuan by issuing 1,026 million shares at no less than 3.51 yuan per share through private placement to invest in Asmara project, Jiangjin-Xishui-Gulin expressway BOT project and repay loans. Its controlling shareholder will subscribe 600 million yuan.
Asmara polymetallic ore project is located in Africa. Six ore deposits have been found. Among them, four are mature ore deposits. 76.10 million tons of ore reserve has been verified. Sichuan Road ＆ Bridge indicates it will transform to a company that is engaged in engineering construction and infrastructure investment and has long-term stable returns.
○ Yasheng Industrial sees agricultural assets injection from substantial shareholder
------
Gansu Yasheng Industrial (Group) Co., Ltd. (600108.SH) plans to swap the right of land use of a total of 272,300 mu plots owned by its controlling shareholder Gansu Agricultural Reclamation Group and other relevant agricultural assets (valued at about 971 million yuan) by all assets and liabilities owned by its mining subsidiary, Shengyuan branch and supply and marketing brand and 100 percent equities in Gansu Greenhouse Biological Technology Co., Ltd. (valued at about 967 million yuan). The spread will be complemented by cash of 4.42 million yuan.
Comment: The swapping assets are mainly engaged in the exploitation and sales of mirabilite and crude salt and flower planting. The swapped assets of the five plots in Shandan County, Minle County, Jiuquan County and Jinta County of Gansu Agricultural Reclamation Group and relevant agricultural assets will add more resources for the company land transfer.
[Financial Reports Express]
○Blue Sail Medical and others proposes high share conversion and dividend
------
The controlling shareholder of Blue Sail Medical Co., Ltd. (002382.SZ) proposes a 10-for-10 conversion of capital surplus into shares combined with 4 yuan dividend in its annual report. Shanghai Xintonglian Packaging Co., Ltd.(603022.SH) posts a 38 percent decline and proposes a 15-for-10 conversion of capital surplus into shares combined with 1.22 yuan dividend in its annual report. Goldlok Toys Holdings (GuangDong) Co., Ltd. (002348.SZ) posts a 22 percent growth in net profit and proposes a 1-for-10 conversion of capital surplus into shares combined with one share and 0.5 yuan dividend for every 9 shares in its annual report. Jiangsu Leike Defense Technology Co., Ltd. (002413.SZ) posts a 321 percent growth in net profit and proposes a 21-for-10 conversion of capital surplus into shares combined with 5.5 yuan dividend in its annual report.
○ Macrolink Real Estate and others forecast growth in Q1
------
Macrolink Real Estate Co., Ltd. (000620.SZ) forecasts a 332 to 440 percent growth in first quarter mainly due to growth in operating profit. Shandong Shengli Co., Ltd. (000407.SZ) forecasts a 540 to 590 percent growth in first quarter mainly due to rapid growth in its natural gas business. Shenwu Environmental Technology Co., Ltd. (300156.SZ) forecasts a 780 to 808 percent growth in first quarter mainly due to earnings from disposal of some of its equity investment. The company's board of directors passes the distribution plan of a 15-for-10 conversion of capital surplus into shares combined with 1 yuan dividend in its annual report.
Yihua Healthcare Co., Ltd. (000150.SZ) forecasts a 24,558 to 30,037 percent growth in first quarter mainly due to investment earnings from selling equities of Yihua Real Estate Co., Ltd. Shenzhen Microgate Technology Co., Ltd. (300319.SZ) forecasts a 416 to 446 percent growth in first quarter mainly due to growth of its subsidiary's earnings. Xingyuan Environment Technology Co., Ltd. (300266.SZ) forecasts a 235 to 265 percent growth in first quarter mainly due to it integration of its subsidiary Hangzhou Zhongyi Environment Ecology Engineering.
○ Various securities companies see earnings surge in March
------
The parent company of Orient Securities Company Limited (600958.SH) posts a net profit of 689 million yuan in March, an increase of 1,082 percent compared to February. The parent company of Founder Securities Co., Ltd. (601901.SH) posts a net profit of 323 million yuan in March, an increase of 833 percent on a monthly basis. Western Securities Co., Ltd.(002673.SZ) posts a month-to-month growth of over 300 percent in net profit in March.
[Trading Trends]
○ Four institutions bought Heshun Electric
------
The trading volume ranking list on April 8 showed that Suzhou Industrial Park Heshun Electric Co., Ltd. (300141.SZ) was bought by four institutions with a total amount of 75.33 million yuan, accounting for 12.7 percent of its intraday turnover. One institutional seat net sold 4 million yuan.
Comments: Institutions believe that the company's business is gradually transforming to the production and sales of traditional power quality and metering equipment to the supply and operation of charging pile equipment and power services. It has completed the preliminary of the construction of its business model and has clear expansion plan in later period. They are bullish about the company's strength in the charging pile software and hardware.
[Trading Alarm]
○ Langdi Group debut IPO on April 11
------
Zhejiang Langdi Group Co., Ltd. (732726) will offer shares at 11.73 yuan per share with an upper limit of 9,000 shares for each applicant. The company's PE ratio is 19 times. After applied for subscription, applicants should ensure there is sufficient money for the payment according to their successful application on April 13.
[Weekly Review]
○ Yourself is always most worth noting
------
Over the weekend there was a debate exploding in the public fund, private fund and research circles. One famous fund analyst said that the market will rebound 1,000 points; while another famous private fund analyst said that the market will go the other way around. The debate suddenly divides the investment circle into two groups of people. They have conducted hot debate on macroeconomic environment, policies, money supply and foreign environment.
Is it important of the judgment from those famous people? Of course? How much accurate of their judgment? Not very accurate for most people.
For those important and hard-to-judge factors, whether should we actively participate in estimate to try to reach low-probability result or should we stay calm to pay attention to other certain factors? Rational investors might consider the latter choice.
There are very few investors competent enough to make judgment for the general trend. But this does not hinder others to find other ways to obtain returns. Over the last two weeks, the broader market has been in slight fluctuations. But there were still many opportunities, such as new energy vehicles, backdoor listing of Qihu 360, state-owned company reform and sub-new shares. This again shows that there is space for theme investment. In the future SSN will actively explore more valuable information. We also hope our readers will stay calm and objective to seize opportunities.
TOP
○ NDRC expects pork price to remain high, upstream industry likely to boom
○ U.S. lands rockets on ocean platform for 1st time, Asian Robotics League established
○ YTO Express (Logistics) to borrow shell of Dayang Trands with RMB17.5 bln, Chieftain Control Engineering Technology to expand rehabilitation therapy area through M＆A
○ Cosunter Pharmaceutical plans to develop emplastrum, Blue Sail Medical and others proposes high share conversion and dividend
[SSN Focus]
○ NDRC expects pork price to remain high, upstream industry likely to boom
------
The National Development and Reform Commission (NDRC) on April 10 published an article, which said that the current high pork price is sort of recovery and compensatory; since the breeding stock of hog and brood sow is still low, it expected that pork price will remain high before this Middle Autumn and National Day; local governments should strengthen disease prevention and control and vigorously support standardized massive cultivation of hogs.
Comment: according to arrangement, the National Bureau of Statistics (NBS) will issue CPI data of March on April 11 morning. Pork price, a big weight in CPI, will catch much attention. Data shows that the price hike of hogs has led the breeding stock of hog to bottom out at the end of March. Fodder, addictive and vaccine are in the after breeding cycle, and are likely to gradually benefit from pork price hike. In fodder shares on the A-share market, Jiangxi Zhengbang Technology Co., Ltd. (002157.SZ) and Ningbo Tech-bank Co., Ltd. (002124.SZ) are actively expanding breeding business, and are expected to significantly turn deficit into profits in Q1. Zhejiang NHU Company Ltd. (002001.SZ) and Xiamen Kingdomway Group Company (002626.SZ) are vitamin producers, and their biggest downstream demand comes from fodder addictive. Various vitamin E producers have recently raised the price to above 70 yuan per kg from last year's 40 yuan per kg.
[SSN Selection]
○ China Securitas Regulatory Commission (CSRC) on April 8 issued the Measures for the Administration of Risk Control Indicators of Securities Firms (amended), lowering the net assets-liabilities ratio from no less than 20 percent to 10 percent.
○ The 18th meeting of the Small Leading Group for State-Owned Enterprise Reform under the State Council was held on April 8, emphasizing to accelerate ten sorts of reform pilots this year.
○ Hainan Province has recently reviewed and passed implementation opinion, aiming to promote 30,000 new energy vehicles and construct over 28,000 charging pile during the 13th Five-Year Period.
○ On April 8, New York crude oil surged over 6 percent, due to double decreases of U.S. crude oil inventory and the number of oil field drilling rigs led the market to expect that oversupply will ease.
○ Toyota announced that it will open the third research center in the U.S. this June, fousing on the research of unmanned driving related technologies.
TOP
[Industry Information]
○ U.S. lands rockets on ocean platform for 1st time, vigorously boost development of aerospace industry
------
On April 8 (U.S. time), SpaceX, a company founded by the CEO of Tesla Elon Musk, successfully recycled the first stage of the Falcon 9. It is the first time in human history that rocket was recycled on the ocean, enabling expensive equipment such as rocket engine and guided system to be reused, and markedly reducing the costs of space launch.
Comment: media reported that the research center of China Academy of Launch Vehicle Technology (CALV) is also deploying recyclable rocket in low profile, and conducting research in two ways: combining parachute and gasbag, and plummet. The research center is currently tackling problems in key technologies. Once breakthroughs are made, rocket recycle technology will vigorously promote space engineering construction and the development of satellite communication and navigation industries. In listed companies, Changzheng Engineering Co., Ltd. (603698.SH) is controlled by CALV; Chengdu CORPRO Technology Co., Ltd. (300101.SZ) is actively deploy satellite communication and remote sensing field.
○ Asian Robotics League established, China and Germany will have dialogue in intelligent manufactruing
------
On the China Information Technology Expo held on April 8, the Asian Robotics League officially announced its establishment. Huai Jinpeng, vice minister of the Ministry of Industry and Information Technology (MIIT) indicated that China attaches great importance to innovation and industrialization of advanced emerging sectors, including robot, and China's inventory of industrial robots is one third that of the world. In addition, Made in China 2025 and Germany Industry 4.0 dialogue meeting will be held between April 13 and 15 IN Deyang City, Sichuan Province.
Comment: three ministries have lately jointly issued Robot Industry Development Plan (2016-2020), aiming to lead rapid, sound and sustainable development of China's robot industry. According to the plan, China's sales volume of robot will reach 150,000 units in five years, and the output value of China's robot industry will touch 100 billion yuan. In listed companies, Dalian Zhiyun Automation Co., Ltd. (300097.SZ) is a leading solution provider of complete automation equipment scheme in engine area in China, and the company also taps into lithium battery equipment industry through Shenzhen Geesun Automation Technology Co., Ltd; Jiangsu Yawei Machine Tool Co., Ltd. (002559.SZ) are strive to develop laser machine tool, robot and sheet metal process automation production business.
TOP
[Announcement Interpretation]
○ YTO Express (Logistics) to borrow shell of Dayang Trands with RMB17.5 bln
------
Dalian Dayang Trands Co., Ltd. (600233.SH) proposes to sell all its assets and liabilities at the valuation of 1,234 million yuan to Shanghai YTO Dragon Investment Development (Group) Limited and Yunfeng Xinchuang, controlling shareholders of Shanghai YTO Express (Logistics) Co., Ltd. At the same time, Dayang Trands proposes buy the entire equity of YTO Express (Logistics) at the total valuation of 17.5 billion yuan by issuing additional 2,270 million shares to all shareholders of YTO Express (Logistics) at 7.72 yuan per share (after ex-right and ex-dividend), and meanwhile raise supporting fund of 2.3 billion yuan from seven subjects.
According to its commitment on results, the net profits of YTO Express (Logistics) after deduction of non-recurring profits or losses are 1.1 billion yuan, 1.33 billion yuan and 1.55 billion yuan from 2016-2018 respectively. The company was 25.13 yuan per share before suspension of trading. It had announced a distribution plan of 10-for-10 conversion of capital surplus into shares combined with 0.9 yuan dividend.
○ Chieftain Control Engineering Technology to expand rehabilitation therapy area through M＆A
------
Beijing Chieftain Control Engineering Technology Co., Ltd. (300430.SZ) proposes to acquire the entire equities of Guangzhou Longest Science ＆ Technology Co., Ltd. and Beijing Brchoo Technology Development Co., Ltd. at the valuation of 643 million yuan through additional issuance and cash payment. Meanwhile, the company proposes to raise supporting fund of 3.9 million yuan, in which the issuing price of additional issuance in respect of assets acquisition is 53.19 yuan per share. The company was 46.01 yuan per share before suspension of trading.
Longest Science ＆ Technology is primarily engaged in rehabilitation therapy instrument. Its committed results is to realize net profits of 27.19 million yuan, 38.06 million yuan and 52.56 million yuan for 2016-2018 respectively; Brchoo Technology Development is primarily engaged in food and beverage and packaging equipment used in pharmaceutical and chemical industry, its committed net profits for 2016-2018 are 5 million yuan, 10 million yuan and 15 million yuan, respectively.
TOP
○ Cosunter Pharmaceutical plans to raise RMB 320mln to develop emplastrum
------
Fujian Cosunter Pharmaceutical Co., Ltd. (300436.SZ) plans to raise 320 million yuan through private placement to gain 80 percent equities in Shanghai Lisuo Medical Technology Co., Ltd. By acquisition, it will gain 90 equities in Shanghai Huazhou Pressure Sensitive Product Co., Ltd. and 60 equities in Hexin Nuotai (Beijing) Medical Technology Co., Ltd. The rest proceeds will supplement operation capital.
The target company are all engaged in emplastrum business. Lisuo Medical Technology promises that based on the net profit of 24 million yuan in 2015, its net profit growth in the next five years will be no less than 25 percent over the previous year. Huazhou Pressure Sensitive Product and Hexin Nuotai (Beijing) Medical Technology promise that based on their perspective of the net profit of 20 million yuan and 10 million yuan in 2015, their net profit growth in the next three years will be 15 percent and 20 percent.
○ Haite High-Tech opens gallium arsenide production line
------
Chengdu Haiwei Huaxin Science and Technology Co., Ltd. controlled by Sichuan Haite High-Tech Co., Ltd. (002023.SZ) opened its first 6-inch production line of the second and third generation of compound semiconductor integrated circuit chip. The production line can also produce gallium nitride and high-end optoelectronics. Their technical index has reached the industry's advanced level abroad. It marks breaking foreign companies' monopoly in high-end radio frequency chip in China and becoming an important guarantee for safety of China's high-end chip supply.
○ Sichuan Road ＆ Bridge to acquire African polymetallic ore project through private placement
------
Sichuan Road ＆ Bridge Co., Ltd. (600039.SH) plans to raise 3.6 billion yuan by issuing 1,026 million shares at no less than 3.51 yuan per share through private placement to invest in Asmara project, Jiangjin-Xishui-Gulin expressway BOT project and repay loans. Its controlling shareholder will subscribe 600 million yuan.
Asmara polymetallic ore project is located in Africa. Six ore deposits have been found. Among them, four are mature ore deposits. 76.10 million tons of ore reserve has been verified. Sichuan Road ＆ Bridge indicates it will transform to a company that is engaged in engineering construction and infrastructure investment and has long-term stable returns.
○ Yasheng Industrial sees agricultural assets injection from substantial shareholder
------
Gansu Yasheng Industrial (Group) Co., Ltd. (600108.SH) plans to swap the right of land use of a total of 272,300 mu plots owned by its controlling shareholder Gansu Agricultural Reclamation Group and other relevant agricultural assets (valued at about 971 million yuan) by all assets and liabilities owned by its mining subsidiary, Shengyuan branch and supply and marketing brand and 100 percent equities in Gansu Greenhouse Biological Technology Co., Ltd. (valued at about 967 million yuan). The spread will be complemented by cash of 4.42 million yuan.
Comment: The swapping assets are mainly engaged in the exploitation and sales of mirabilite and crude salt and flower planting. The swapped assets of the five plots in Shandan County, Minle County, Jiuquan County and Jinta County of Gansu Agricultural Reclamation Group and relevant agricultural assets will add more resources for the company land transfer.
[Financial Reports Express]
○Blue Sail Medical and others proposes high share conversion and dividend
------
The controlling shareholder of Blue Sail Medical Co., Ltd. (002382.SZ) proposes a 10-for-10 conversion of capital surplus into shares combined with 4 yuan dividend in its annual report. Shanghai Xintonglian Packaging Co., Ltd.(603022.SH) posts a 38 percent decline and proposes a 15-for-10 conversion of capital surplus into shares combined with 1.22 yuan dividend in its annual report. Goldlok Toys Holdings (GuangDong) Co., Ltd. (002348.SZ) posts a 22 percent growth in net profit and proposes a 1-for-10 conversion of capital surplus into shares combined with one share and 0.5 yuan dividend for every 9 shares in its annual report. Jiangsu Leike Defense Technology Co., Ltd. (002413.SZ) posts a 321 percent growth in net profit and proposes a 21-for-10 conversion of capital surplus into shares combined with 5.5 yuan dividend in its annual report.
○ Macrolink Real Estate and others forecast growth in Q1
------
Macrolink Real Estate Co., Ltd. (000620.SZ) forecasts a 332 to 440 percent growth in first quarter mainly due to growth in operating profit. Shandong Shengli Co., Ltd. (000407.SZ) forecasts a 540 to 590 percent growth in first quarter mainly due to rapid growth in its natural gas business. Shenwu Environmental Technology Co., Ltd. (300156.SZ) forecasts a 780 to 808 percent growth in first quarter mainly due to earnings from disposal of some of its equity investment. The company's board of directors passes the distribution plan of a 15-for-10 conversion of capital surplus into shares combined with 1 yuan dividend in its annual report.
Yihua Healthcare Co., Ltd. (000150.SZ) forecasts a 24,558 to 30,037 percent growth in first quarter mainly due to investment earnings from selling equities of Yihua Real Estate Co., Ltd. Shenzhen Microgate Technology Co., Ltd. (300319.SZ) forecasts a 416 to 446 percent growth in first quarter mainly due to growth of its subsidiary's earnings. Xingyuan Environment Technology Co., Ltd. (300266.SZ) forecasts a 235 to 265 percent growth in first quarter mainly due to it integration of its subsidiary Hangzhou Zhongyi Environment Ecology Engineering.
○ Various securities companies see earnings surge in March
------
The parent company of Orient Securities Company Limited (600958.SH) posts a net profit of 689 million yuan in March, an increase of 1,082 percent compared to February. The parent company of Founder Securities Co., Ltd. (601901.SH) posts a net profit of 323 million yuan in March, an increase of 833 percent on a monthly basis. Western Securities Co., Ltd.(002673.SZ) posts a month-to-month growth of over 300 percent in net profit in March.
[Trading Trends]
○ Four institutions bought Heshun Electric
------
The trading volume ranking list on April 8 showed that Suzhou Industrial Park Heshun Electric Co., Ltd. (300141.SZ) was bought by four institutions with a total amount of 75.33 million yuan, accounting for 12.7 percent of its intraday turnover. One institutional seat net sold 4 million yuan.
Comments: Institutions believe that the company's business is gradually transforming to the production and sales of traditional power quality and metering equipment to the supply and operation of charging pile equipment and power services. It has completed the preliminary of the construction of its business model and has clear expansion plan in later period. They are bullish about the company's strength in the charging pile software and hardware.
[Trading Alarm]
○ Langdi Group debut IPO on April 11
------
Zhejiang Langdi Group Co., Ltd. (732726) will offer shares at 11.73 yuan per share with an upper limit of 9,000 shares for each applicant. The company's PE ratio is 19 times. After applied for subscription, applicants should ensure there is sufficient money for the payment according to their successful application on April 13.
[Weekly Review]
○ Yourself is always most worth noting
------
Over the weekend there was a debate exploding in the public fund, private fund and research circles. One famous fund analyst said that the market will rebound 1,000 points; while another famous private fund analyst said that the market will go the other way around. The debate suddenly divides the investment circle into two groups of people. They have conducted hot debate on macroeconomic environment, policies, money supply and foreign environment.
Is it important of the judgment from those famous people? Of course? How much accurate of their judgment? Not very accurate for most people.
For those important and hard-to-judge factors, whether should we actively participate in estimate to try to reach low-probability result or should we stay calm to pay attention to other certain factors? Rational investors might consider the latter choice.
There are very few investors competent enough to make judgment for the general trend. But this does not hinder others to find other ways to obtain returns. Over the last two weeks, the broader market has been in slight fluctuations. But there were still many opportunities, such as new energy vehicles, backdoor listing of Qihu 360, state-owned company reform and sub-new shares. This again shows that there is space for theme investment. In the future SSN will actively explore more valuable information. We also hope our readers will stay calm and objective to seize opportunities.
TOP
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