[Today's Guide]
○ Scheme mainly promoted by Huawei Technologies included in 5G standard, making it industrial milestone
○ MOHURD to greatly promote fabricated building, demands for steel structural to raise
○ Sanjiang Shopping to attract investment of Alibaba subsidiary, Some equities of Zhundong Petroleum Technology acquired by China Merchants Silk Road New Energy
○ Oriental Times Media to acquire 3 film and TV firms, Sunflower Light Energy Science ＆ Technology to develop in charging pile field
[SSN Focus]
○ Scheme mainly promoted by Huawei Technologies included in 5G standard, making it industrial milestone
------
In the 3GPP meeting ended on Nov. 18 (local time) in the U.S., Polar Code scheme mainly promoted by Huawei Technologies Co., Ltd. has been determined as standard scheme of control channel to enhance 5G mobile broadband scene, which is the first time for Chinese manufacturer to participate in global mobile communication standardization. It is a milestone for 5G standard, and reinforces the confidence and determination of telecom operator, equipment provider, chip ＆ end manufacturers to cooperate; the company together with the promotion team will constantly enlarge the research and input for 5G, Huawei Technologies indicated.
Comment: In an era of 2G, 3G and 4G, China was only forced to follow others' standard, but now it can involve in international standard formulation for 5G, showing that China becomes more powerful in communication field. Compared to another two code schemes led by European and American enterprises, Polar Code can better meet the 5G's demands for super transmission speed, which will benefit 5G to be used in high-definition video, virtual reality and other scenes. Shenzhen Sunway Communication Co., Ltd. (300136.SZ) and Tongyu Communication Inc. (002792.SZ) listed in A-share market have been surveyed by tens of institutions within this month, and its deployment in 5G antenna field attracts much attention.
[SSN Selection]
○ The first inland show of Shenzhen-Hong Kong Stock Connect program was held in Shenzhen, and others will follow on Nov. 23 and 25 in Shanghai and Beijing respectively.
○ China Securities Regulatory Commission on Nov. 18 approved the IPOs of 14 enterprises for their total fundraising no more than 6.4 billion yuan.
○ China Securities Regulatory Commission investigated and punished the first cross-border manipulation case under Shanghai-Hong Kong Stock Connect program. Raising-trend, a private placement fund, manipulated the market during the abnormal fluctuation of stock market last year, which has also been heavily punished.
○ The revision for Securities Law proposes to be in trail of second instance in December, and price of private placement should base on market price, Wu Xiaoling indicated in annual assembly of Finance.
○ Aluminum-alloy-skeleton full-electric vehicle project of Chery Automobile is already for production, media reports. Light quantitative trend for new energy automobile will promote the development of new materials, such as aluminum and magnesium, experts believed.
○ Super-rice cultivated by Yuan Longping scientific research team sets new record, with annual acre yield of 1,537.78 kilograms.
TOP
[Industry Information]
○ MOHURD to greatly promote fabricated building, demands for steel structural to raise
------
Based on The Xinhua News Agent, fabricated building is a major reform for construction mode, and its development goal and key tasks should be fully implemented to comprehensively form technical standard to this respect, Chen Zhenggao, head of The Ministry of Housing and Urban-Rural Development (MOHURD), on Nov. 19 indicated. Several Opinions on Further Reinforcing Urban Planning ＆ Construction Management Work issued in February proposes to intensify the policy-supporting strength, make every effort to let fabricated building account for 30 percent of the new buildings within a decade, and positively and stably promote the steel structural construction.
Comment: The executive meeting of the State Council on Sept. 4 decided to greatly promote fabricated building, such as steel structure and concrete, and enhance the adjustment and upgrading of industrial structure. Now, the proportion of steel structure surpasses 25 percent in developed countries, but less than 10 percent in China with huge potential. The demands for green building, which represents steel structure, will greatly increase over 80 percent in next three to five years, institutions believed. In terms of listed companies, Hangxiao Steel Structure Co., Ltd. (600477.SH) is mainly engaged in multi-and-high-rise steel structure business, with new orders growth of 73.6 percent for the first three quarters; Anhui Honglu Steel Construction(group) Co., Ltd. (002541.SZ) has gained several multi-and-high-rise steel structural building projects since this year, with a total fund over 2 billion yuan.
TOP
[Announcement Interpretation]
○ Sanjiang Shopping to attract investment of Alibaba subsidiary through private placement and equity transfer
------
Hean Investment Co., Ltd., controlling shareholder of Sanjiang Shopping Club Co., Ltd. (601116.SH), plans to transfer its held 9.33 percent equities of the listed company to Alibaba Taize at an average price of 11.44 yuan per share. The latter will pay 188 million yuan to subscribe exchangeable bonds non-publically issued by Hean Investment. The listed company additionally proposes to issue shares to Alibaba Taize at 11.11 yuan per share through private placement to raise a fund no more than 1.52 billion yuan.
After equity transfer and private placement, the actual controller of the lsited company will not change, and equities held by Alibaba Taize will not excess 32 percent. If exchangeable bonds issued by Alibaba Taize are used to exchange the shareholdings of the listed company, all equities will account for 3 percent of the total equity after non-public issuance of the listed company.
○ Some equities of Zhundong Petroleum Technology acquired by China Merchants Silk Road New Energy
------
Xinjiang Zhundong Petroleum Technology Co., Ltd. (002207.SZ) has received a notice that its substantial shareholder pledges all the held 40.26 million shares of the listed company, and China Merchants Silk Road New Energy will positively offer the price for bidding based on market situation, if the court judges that these equities are allowed for auction and transfer. In addition, the actual controller will irrevocably relegate the voting power of all these 15,478,300 shareholdings to China Merchants Silk Road New Energy.
China Merchants Silk Road New Energy is an enterprise under China Merchants Group. It is engaged in production and sales of solar energy products, research and development of solar energy technology and development and operation of solar poer station.
TOP
○Oriental Times Media to acquire 3 film and TV firms
------
Oriental Times Media Corporation (002175.SZ) plans to acquire 100 percent equity of three film and TV companies including Shandong Jiabo Cultural Development Co., Ltd., Shanghai Huahua Cultural Media Co., Ltd. and Beijing Yuanchun Media Co., Ltd. at a cost of 3.54 billion yuan by issuing shares through private placement and paying in cash. Besides, it will raise 2.09 billion yuan at most. According to performance commitment, the total net profits after extraordinary gains and losses of the three companies will not be less than 260 million yuan, 332 million yuan and 425 million in next three years respectively.
○Sunflower Light Energy Science ＆ Technology to develop in charging pile field
------
Zhejiang Sunflower Light Energy Science ＆ Technology Limited Liability Company (300111.SZ) plans to buy 100 percent equity of Hangzhou Only Power Supply Co., Ltd. at a cost of 520 million yuan by issuing shares through private placement and paying in cash. Besides, it will raise 180 million yuan at most as supporting funds. Only Power Supply has been devoted itself to the research ＆ development and production of charging pile products of new energy vehicles and operation and management of charging system and charging operation system. The counterparty promises that its net profits after extraordinary gains and losses will not be less than 30 million yuan, 45 million yuan and 55 million yuan in next three years respectively.
○Jinye Science Technology And Education makes more investment in printing of cigarette label
------
Shaanxi Jinye Science Technology And Education Group Co., Ltd. plans to purchase 100 percent equity of Kunming Ruifeng Printing Co., Ltd. and 51 percent equity of Wanhaosheng International Co., Ltd. at a cost of 710 million yuan by issuing shares at a price of 8.58 yuan per share through private placement and paying in cash. Besides, it will raise no more than 300 million yuan by issuing shares at a price of 9.17 yuan at least per share. Ruifeng Printing is specialized in printing material of cigarette label and colorful printing material. Major operating assets of Wanhaosheng International is Yunnan Helebin Anti-counterfeit Technology Co., Ltd. that the it invests in. Helebin Anti-counterfeit Technology is mainly engaged in anti-counterfeiting mark of cigarette label. According to performance commitment, total net profits of the two companies will be 86.86 million yuan, 91.83 million yuan and 96.20 million yuan in next three years respectively.
○Huaqiang Industry to see new acutal controllor, triggering mandatroy tender offer
------
Shenzhen Huaqiang Industry Co., Ltd. (000062.SZ) announced that Liang Guangwei will gain 11 percent equity of Shenzhen Huaqiang Shenghong Investment Co., Ltd. through transfer. After the transaction is finished, it will become actual controller of the listed company with holding 60 percent stake in the company. As Liang holds more than 30 percent equity in Huaqiang Industry, this triggers a mandatory tender offer with bidder price of 25.27 yuan per share. Stock price of the listed company closed at 26.92 yuan per share before trading suspension.
○Greatwall Electrical and Welltech Automation see equity changes
------
The Great Wall Electrician Group, controller shareholder of Lanzhou Greatwall Electrical Co., Ltd. (600192.SH), will transfer its 34.02 percent equity of the company to Gansu Provincial State-Owned Asset Investment Group Co., Ltd. After the transfer is finished, actual controller of the listed company will not be changed.
Controlling shareholder and persons acting in concert of Shanghai Welltech Automation Co., Ltd. (002058.SZ) will transfer all of their 24.41 percent equity of the company at a price of 25.29 yuan per share to Shanghai Zizhu Hi-tech Industrial Development Zone (Group) Co., Ltd. The company's actual controller won't be changed after the transaction is done. The latest stock price of the company is 27.95 yuan per share.
[Financial Reports Express]
○Ruihe Construction Decoration proposes high share conversion and dividend
------
Actual controller of Shenzhen Ruihe Construction Decoration Co., Ltd. (002620.SZ) proposes a 25-for-10 conversion of capital surplus into shares combined with 2 yuan dividend for every 10 shares in the company's annual report.
[Trading Alarms]
○Senior Technology Material and Oil Pump to launch IPOs on Nov. 21
------
Shenzhen Senior Technology Material Co., Ltd. is about to launch IPO at a price of 21.65 yuan per share with an upper subscription limit of 12,000 shares for each account. It is engaged in lithium-ion battery separator.
Hunan Oil Pump Co., Ltd. is about to launch IPO at a price of 10.46 yuan per share with an upper subscription limit of 7,000 shares for each account. It is specialized in engine components.
[Weekly Review]
○Wind blows, streamer moves and heart touched
------
There is a story in ancient books and records of Zen Buddhism saying that streamer moves when the wind blows. Two monks are discussing whether it is the wind blowing or the streamer is moving. Huineng master says that neither the wind nor the streamer move but the heart of wise man is touched. Although the final conclusion is kind of idealism, we can learn from it to critically consider things happening in stock market
Wind refers to events. Surging stock price of US-listed company DryShips Inc. and introduction of proposal of high share conversion and dividend are the "blowing wind" in stock market. Streamer means stock price. Shipping sector of A shares echoing with each other and burst of sub-new stocks are the "moving streamer" in stock market. Heart means emotion. Emotion of investors will be influenced by blowing wind and moving streamer, which will further affect stock prices.
Conduction mode of event-driven opportunity is similar to this. So for investors, they will have head start if they are able to seize the wind trend earlier. SSN seized the wind trend for investors for many times based on market situation from a professional aspect last week, such as stock price of NVIDIA Corporation (NASDAQ:NVDA) surging significantly to record high on Nov. 13, the State-owned Assets Supervision and Administration Commission of Shanghai Municipal Government launching innovation measures on Nov. 14, the central bank mulling over proposal of issuing digital currency on Nov. 15, and introduction of proposal of high share conversion and dividend on Nov. 17. Although SSE Composite Index fluctuated at a higher level last week and there was not enough strength for ChiNext Board to move up, there will be no moving streamer and touching heart after these wind blows.
TOP
○ Scheme mainly promoted by Huawei Technologies included in 5G standard, making it industrial milestone
○ MOHURD to greatly promote fabricated building, demands for steel structural to raise
○ Sanjiang Shopping to attract investment of Alibaba subsidiary, Some equities of Zhundong Petroleum Technology acquired by China Merchants Silk Road New Energy
○ Oriental Times Media to acquire 3 film and TV firms, Sunflower Light Energy Science ＆ Technology to develop in charging pile field
[SSN Focus]
○ Scheme mainly promoted by Huawei Technologies included in 5G standard, making it industrial milestone
------
In the 3GPP meeting ended on Nov. 18 (local time) in the U.S., Polar Code scheme mainly promoted by Huawei Technologies Co., Ltd. has been determined as standard scheme of control channel to enhance 5G mobile broadband scene, which is the first time for Chinese manufacturer to participate in global mobile communication standardization. It is a milestone for 5G standard, and reinforces the confidence and determination of telecom operator, equipment provider, chip ＆ end manufacturers to cooperate; the company together with the promotion team will constantly enlarge the research and input for 5G, Huawei Technologies indicated.
Comment: In an era of 2G, 3G and 4G, China was only forced to follow others' standard, but now it can involve in international standard formulation for 5G, showing that China becomes more powerful in communication field. Compared to another two code schemes led by European and American enterprises, Polar Code can better meet the 5G's demands for super transmission speed, which will benefit 5G to be used in high-definition video, virtual reality and other scenes. Shenzhen Sunway Communication Co., Ltd. (300136.SZ) and Tongyu Communication Inc. (002792.SZ) listed in A-share market have been surveyed by tens of institutions within this month, and its deployment in 5G antenna field attracts much attention.
[SSN Selection]
○ The first inland show of Shenzhen-Hong Kong Stock Connect program was held in Shenzhen, and others will follow on Nov. 23 and 25 in Shanghai and Beijing respectively.
○ China Securities Regulatory Commission on Nov. 18 approved the IPOs of 14 enterprises for their total fundraising no more than 6.4 billion yuan.
○ China Securities Regulatory Commission investigated and punished the first cross-border manipulation case under Shanghai-Hong Kong Stock Connect program. Raising-trend, a private placement fund, manipulated the market during the abnormal fluctuation of stock market last year, which has also been heavily punished.
○ The revision for Securities Law proposes to be in trail of second instance in December, and price of private placement should base on market price, Wu Xiaoling indicated in annual assembly of Finance.
○ Aluminum-alloy-skeleton full-electric vehicle project of Chery Automobile is already for production, media reports. Light quantitative trend for new energy automobile will promote the development of new materials, such as aluminum and magnesium, experts believed.
○ Super-rice cultivated by Yuan Longping scientific research team sets new record, with annual acre yield of 1,537.78 kilograms.
TOP
[Industry Information]
○ MOHURD to greatly promote fabricated building, demands for steel structural to raise
------
Based on The Xinhua News Agent, fabricated building is a major reform for construction mode, and its development goal and key tasks should be fully implemented to comprehensively form technical standard to this respect, Chen Zhenggao, head of The Ministry of Housing and Urban-Rural Development (MOHURD), on Nov. 19 indicated. Several Opinions on Further Reinforcing Urban Planning ＆ Construction Management Work issued in February proposes to intensify the policy-supporting strength, make every effort to let fabricated building account for 30 percent of the new buildings within a decade, and positively and stably promote the steel structural construction.
Comment: The executive meeting of the State Council on Sept. 4 decided to greatly promote fabricated building, such as steel structure and concrete, and enhance the adjustment and upgrading of industrial structure. Now, the proportion of steel structure surpasses 25 percent in developed countries, but less than 10 percent in China with huge potential. The demands for green building, which represents steel structure, will greatly increase over 80 percent in next three to five years, institutions believed. In terms of listed companies, Hangxiao Steel Structure Co., Ltd. (600477.SH) is mainly engaged in multi-and-high-rise steel structure business, with new orders growth of 73.6 percent for the first three quarters; Anhui Honglu Steel Construction(group) Co., Ltd. (002541.SZ) has gained several multi-and-high-rise steel structural building projects since this year, with a total fund over 2 billion yuan.
TOP
[Announcement Interpretation]
○ Sanjiang Shopping to attract investment of Alibaba subsidiary through private placement and equity transfer
------
Hean Investment Co., Ltd., controlling shareholder of Sanjiang Shopping Club Co., Ltd. (601116.SH), plans to transfer its held 9.33 percent equities of the listed company to Alibaba Taize at an average price of 11.44 yuan per share. The latter will pay 188 million yuan to subscribe exchangeable bonds non-publically issued by Hean Investment. The listed company additionally proposes to issue shares to Alibaba Taize at 11.11 yuan per share through private placement to raise a fund no more than 1.52 billion yuan.
After equity transfer and private placement, the actual controller of the lsited company will not change, and equities held by Alibaba Taize will not excess 32 percent. If exchangeable bonds issued by Alibaba Taize are used to exchange the shareholdings of the listed company, all equities will account for 3 percent of the total equity after non-public issuance of the listed company.
○ Some equities of Zhundong Petroleum Technology acquired by China Merchants Silk Road New Energy
------
Xinjiang Zhundong Petroleum Technology Co., Ltd. (002207.SZ) has received a notice that its substantial shareholder pledges all the held 40.26 million shares of the listed company, and China Merchants Silk Road New Energy will positively offer the price for bidding based on market situation, if the court judges that these equities are allowed for auction and transfer. In addition, the actual controller will irrevocably relegate the voting power of all these 15,478,300 shareholdings to China Merchants Silk Road New Energy.
China Merchants Silk Road New Energy is an enterprise under China Merchants Group. It is engaged in production and sales of solar energy products, research and development of solar energy technology and development and operation of solar poer station.
TOP
○Oriental Times Media to acquire 3 film and TV firms
------
Oriental Times Media Corporation (002175.SZ) plans to acquire 100 percent equity of three film and TV companies including Shandong Jiabo Cultural Development Co., Ltd., Shanghai Huahua Cultural Media Co., Ltd. and Beijing Yuanchun Media Co., Ltd. at a cost of 3.54 billion yuan by issuing shares through private placement and paying in cash. Besides, it will raise 2.09 billion yuan at most. According to performance commitment, the total net profits after extraordinary gains and losses of the three companies will not be less than 260 million yuan, 332 million yuan and 425 million in next three years respectively.
○Sunflower Light Energy Science ＆ Technology to develop in charging pile field
------
Zhejiang Sunflower Light Energy Science ＆ Technology Limited Liability Company (300111.SZ) plans to buy 100 percent equity of Hangzhou Only Power Supply Co., Ltd. at a cost of 520 million yuan by issuing shares through private placement and paying in cash. Besides, it will raise 180 million yuan at most as supporting funds. Only Power Supply has been devoted itself to the research ＆ development and production of charging pile products of new energy vehicles and operation and management of charging system and charging operation system. The counterparty promises that its net profits after extraordinary gains and losses will not be less than 30 million yuan, 45 million yuan and 55 million yuan in next three years respectively.
○Jinye Science Technology And Education makes more investment in printing of cigarette label
------
Shaanxi Jinye Science Technology And Education Group Co., Ltd. plans to purchase 100 percent equity of Kunming Ruifeng Printing Co., Ltd. and 51 percent equity of Wanhaosheng International Co., Ltd. at a cost of 710 million yuan by issuing shares at a price of 8.58 yuan per share through private placement and paying in cash. Besides, it will raise no more than 300 million yuan by issuing shares at a price of 9.17 yuan at least per share. Ruifeng Printing is specialized in printing material of cigarette label and colorful printing material. Major operating assets of Wanhaosheng International is Yunnan Helebin Anti-counterfeit Technology Co., Ltd. that the it invests in. Helebin Anti-counterfeit Technology is mainly engaged in anti-counterfeiting mark of cigarette label. According to performance commitment, total net profits of the two companies will be 86.86 million yuan, 91.83 million yuan and 96.20 million yuan in next three years respectively.
○Huaqiang Industry to see new acutal controllor, triggering mandatroy tender offer
------
Shenzhen Huaqiang Industry Co., Ltd. (000062.SZ) announced that Liang Guangwei will gain 11 percent equity of Shenzhen Huaqiang Shenghong Investment Co., Ltd. through transfer. After the transaction is finished, it will become actual controller of the listed company with holding 60 percent stake in the company. As Liang holds more than 30 percent equity in Huaqiang Industry, this triggers a mandatory tender offer with bidder price of 25.27 yuan per share. Stock price of the listed company closed at 26.92 yuan per share before trading suspension.
○Greatwall Electrical and Welltech Automation see equity changes
------
The Great Wall Electrician Group, controller shareholder of Lanzhou Greatwall Electrical Co., Ltd. (600192.SH), will transfer its 34.02 percent equity of the company to Gansu Provincial State-Owned Asset Investment Group Co., Ltd. After the transfer is finished, actual controller of the listed company will not be changed.
Controlling shareholder and persons acting in concert of Shanghai Welltech Automation Co., Ltd. (002058.SZ) will transfer all of their 24.41 percent equity of the company at a price of 25.29 yuan per share to Shanghai Zizhu Hi-tech Industrial Development Zone (Group) Co., Ltd. The company's actual controller won't be changed after the transaction is done. The latest stock price of the company is 27.95 yuan per share.
[Financial Reports Express]
○Ruihe Construction Decoration proposes high share conversion and dividend
------
Actual controller of Shenzhen Ruihe Construction Decoration Co., Ltd. (002620.SZ) proposes a 25-for-10 conversion of capital surplus into shares combined with 2 yuan dividend for every 10 shares in the company's annual report.
[Trading Alarms]
○Senior Technology Material and Oil Pump to launch IPOs on Nov. 21
------
Shenzhen Senior Technology Material Co., Ltd. is about to launch IPO at a price of 21.65 yuan per share with an upper subscription limit of 12,000 shares for each account. It is engaged in lithium-ion battery separator.
Hunan Oil Pump Co., Ltd. is about to launch IPO at a price of 10.46 yuan per share with an upper subscription limit of 7,000 shares for each account. It is specialized in engine components.
[Weekly Review]
○Wind blows, streamer moves and heart touched
------
There is a story in ancient books and records of Zen Buddhism saying that streamer moves when the wind blows. Two monks are discussing whether it is the wind blowing or the streamer is moving. Huineng master says that neither the wind nor the streamer move but the heart of wise man is touched. Although the final conclusion is kind of idealism, we can learn from it to critically consider things happening in stock market
Wind refers to events. Surging stock price of US-listed company DryShips Inc. and introduction of proposal of high share conversion and dividend are the "blowing wind" in stock market. Streamer means stock price. Shipping sector of A shares echoing with each other and burst of sub-new stocks are the "moving streamer" in stock market. Heart means emotion. Emotion of investors will be influenced by blowing wind and moving streamer, which will further affect stock prices.
Conduction mode of event-driven opportunity is similar to this. So for investors, they will have head start if they are able to seize the wind trend earlier. SSN seized the wind trend for investors for many times based on market situation from a professional aspect last week, such as stock price of NVIDIA Corporation (NASDAQ:NVDA) surging significantly to record high on Nov. 13, the State-owned Assets Supervision and Administration Commission of Shanghai Municipal Government launching innovation measures on Nov. 14, the central bank mulling over proposal of issuing digital currency on Nov. 15, and introduction of proposal of high share conversion and dividend on Nov. 17. Although SSE Composite Index fluctuated at a higher level last week and there was not enough strength for ChiNext Board to move up, there will be no moving streamer and touching heart after these wind blows.
TOP
Latest comments