Securities Times Network August 14th
"Mozi" satellite bright technology theme investment opportunities are favored
China's "Mozi" quantum science experimental satellite successfully achieved high-speed quantum key distribution from satellite to ground for the first time in the world - August 10, with this major scientific and technological achievement published in the international authoritative academic journal Nature In addition, Chinese scientists have taken a crucial step toward the establishment of a “unbreakable†global communication network, marking that China’s research in the field of quantum communication has reached a leading position in the international arena.
Analysts believe that this year, the research and industrialization of quantum communication technology is progressing positively, and the time window of the layout of technology topics will gradually come, firmly optimistic about the theme investment opportunities of quantum communication.
Chuancai Securities said that the quantum communication industry chain is based on the upper, middle and lower reaches of the atmosphere equipment, network construction, operation and application services. The upstream includes chips and corresponding photon detectors, and the midstream is quantum equipment, supporting optical communication equipment and optical fibers. The downstream is a specific quantum communication trunk, base station builder and operator. Generally speaking, the infrastructure of emerging industries is the first. As the quantum communication industry is still in the early stage, infrastructure investment will gradually increase and applications will gradually take shape. It is recommended to focus on equipment and network construction related companies. It believes that hardware devices and confidence systems are the core of quantum communication technology, and are the first to benefit from the current time point.
Changjiang Securities said that the standards related to quantum communication include Zhejiang Oriental, Silver Wheel and Shenzhou information indirectly holding the National Shield Quantum; China Information on the construction of quantum communication network, Sanlux, Power and Kehua Hengsheng; Leading Xinhaiyi and traditional optical communication chips, equipment vendors ZTE, Fiberhome Communications, Hengtong Optoelectronics, Guangxun Technology, Huagong Technology, Fujing Technology, etc.
(Securities Times News Center)
Securities Times Network August 14th
Bitcoin soared to $4,000 blockchain technology hopes to pay attention again (with stock)
After the US Securities and Exchange Commission (SEC) confirmed that the blockchain DAO organization issued tokens as securities, on the 11th, the world-renowned virtual digital asset trading platform Bitfinex (referred to as B network) announced that it will no longer provide ICO for US investors (first public Fundraising) Token service. Market participants explained that the US regulation of ICO is being strict.
According to the Shanghai Securities News, due to this influence, the price of bitcoin in major trading platforms has soared and exceeded $4,000. At the same time, the domestic bitcoin price exceeded 27,000 yuan, approaching the 28,000 mark, and this month's increase has reached 40%.
The Firecoin Blockchain Research Center said that the global bitcoin industry has been enjoying good news in recent days. Countries are accelerating the development of clear bitcoin management programs, which has boosted the global bitcoin price to record highs. In addition, the Bitcoin Quarantine Witness Expansion program is locked and will be activated soon. Once the quarantine witness is activated, the number of transactions that can be accommodated in a single block of Bitcoin increases, and the problem of bitcoin network transfer congestion will be alleviated. With the recent rise in bitcoin prices, overseas institutions such as Goldman Sachs have recently released analysis reports on Bitcoin, and have recognized the investment value of Bitcoin in the report, increasing investor confidence in Bitcoin.
In terms of investment opportunities, Minsheng Securities believes that domestic technology giants are actively using blockchain technology to focus on expanding consumer finance scenarios. Under the trend of accelerated consumption upgrades, consumer finance markets are welcoming. It is recommended to focus on the advancement of blockchain technology and application targets, such as Xinguodu (establishment of blockchain research center), Feitian integrity (cooperation with blockchain technology company Bubi), win-win (expanding related applications and establishing chain) Stone company), Sifang Jingchuang (bottom technology research and development), Xinyada (domestic alliance chain cloud platform) and so on.
GF Securities recommends to pay attention to: 1) Feitian Integrity (300386.SZ), the company's hardware wallet for developing virtual currency, and cooperation with Bubbi Network Technology Co., Ltd. on the blockchain field; 2) Quartet (300468.SZ), The company established the Blockchain Innovation Center to work with the IBM Blockchain Technology team to develop cross-border blockchain applications for financial and banking institutions.
(Securities Times News Center)
Securities Times Network August 14th
The concept of securities holdings has become a hot spot. Many companies have been investigated by institutions.
Last week (August 7 to 11), A-shares experienced a shock adjustment, and the Shanghai Composite Index fell by 1.64%. The cyclical stocks that had risen sharply in the previous period were dragged down, and dragged down the broader market's biggest decline during the year, which was 1.63%. In the case of the bleak performance of the hotspots, institutions have turned their attention to star companies that have published semi-annual reports.
Keda News Feibi Water Source welcomes the organization to get together
Last week, a total of 35 companies in the Shanghai and Shenzhen stock markets disclosed their research status. Among them, Keda Xunfei (002230) and Bishuiyuan (300070) are most sought after by institutions. Both companies rose against the trend last week, with weekly increases of 5.11% and 9.85% respectively.
After the semi-annual report was disclosed on the evening of August 9, Keda Xunfei was investigated by 231 institutional investors such as Banker Schroder Fund and Penghua Fund on August 10; Bi Shuiyuan announced the semi-annual report on August 7th, August 8 The day gained the attention of 106 institutions such as Deutsche Bank and Citibank.
The research record disclosed by HKUST has reached 18,000 words. In the investigation, the interim results of HKUST’s “increasing revenues without increasing profits†was the focus of attention. In the first half of this year, the company's revenue increased by 43.79% year-on-year to 2.1 billion yuan, gross profit reached 1.027 billion yuan, an increase of 328 million yuan, but net profit decreased by 149 million yuan to 107 million yuan, a decrease of 58.11%.
Where did the new income go? Keda Xunfei said that the company has continuously increased its R&D and market layout investment in the key areas of medical care, public security, smart city and open platform. For example, sales expenses increased by 66% and R&D expenses increased by 63%. In other words, the increase in related expenses brought about by business expansion covers the company's gross profit to some extent. The company also stressed that it is not the first goal of the current after-tax profit growth, but the development strategy of building a long-term competitive advantage.
Bishuiyuan's revenue for the first half of this year was 2.895 billion yuan, a year-on-year increase of 23%; net profit was 534 million yuan, an increase of 98%. On the evening of August 10, the company also announced the joint road project worth about 5.537 billion yuan. In the investigation, the company explained in detail the specific issues such as financial expenses, inventory confirmation, and order statistics in the semi-annual report.
The new deposit company is receiving attention
There were also some “national team†concept stocks that rose against the trend last week. For example, in the semi-annual report, Huace Film and Television and Sujiao, which were stationed in the first round of the Securities Company, rose 11.46% and 3.88% respectively during the week and won the favor of the institutions.
On August 7th, 9th and 11th, Huace Film and Television received 3 batches of research on 14 institutions. The research mainly focuses on the company's online drama business and the main items that can confirm revenue in the second half of the year.
According to reports, the gross profit margin of Huace Film and Television in the first half of this year has risen by about 9% compared with the second half of last year. It believes that the price increase trend of Internet purchase drama has not yet seen the ceiling. From the downstream, the main video websites maintained a relatively high growth rate regardless of membership fee income or advertising revenue, which drove their purchasing ability to increase rapidly. It is expected that the procurement capability of downstream Internet platforms will be further strengthened in the next few years. In addition, the company expects that the main projects that can confirm revenue in the second half of the year include "Entrepreneur Times", "Sweet Crit", "Time Knows", "Queen of the Solitary", "Sadness Flows into the River" and so on.
Huace Film and Television was the company with the largest increase in research companies last week, and its share price has recently been catalyzed by a number of factors. In addition to the shareholding of the securities company, the continued popularity of "War Wolf 2" also boosted the A-share film and television media sector where Huace Film and Television is located. In terms of performance, the company achieved a net profit of 275 million yuan in the first half of this year, a year-on-year increase of 1.21%.
On August 10th, 50 machine structures such as E Fund and Harvest Fund visited the Sutra Section. The organization is generally concerned about the company's overseas business. After the company acquired TestAmerica in the United States and Eptisa in Spain in 2016, the proportion of foreign sales turnover to the company's turnover continued to increase. The company said that it is one of the strategies of the Sujiao Branch to acquire overseas assets incrementally and then use overseas resources to integrate domestic resources. In the future, EPTISA will be used as the international business platform of Sujiao, and TestAmerica will be the environmental protection business platform of Sujiao.
(Securities Times News Center)
Securities Times Network August 14th
Ali, Tencent and other Internet giants lay the focus of Xiong'an artificial intelligence and other industries
From August 9th to 10th, the launching conference of China Telecom Xiong'an National Backbone Network and 5G Innovation Demonstration Network was held. How can Xiong'an New District and China Telecom conduct all-round and in-depth cooperation in public information infrastructure services, smart city construction in the new district, and “ecological Rubik's cube� On August 12, the reporter interviewed Party Xiaolong, deputy secretary of the temporary party committee of Xiong'an New District.
according to
澎湃News
On August 14th, Party Xiaolong said that at present, central enterprises such as China Electronics and China Electronics and Internet companies such as Alibaba, Tencent, Baidu, Jingdong and Qihoo 360 are all around artificial intelligence, technology finance, network security, and digital. Future industries such as Wenchuang are laid out in the new district. Under the guarantee of high standards, high starting point and high quality information and communication infrastructure, the new district will cultivate a high-end high-tech industrial ecosystem with innovative research and development, transformation of achievements and complete support.
He emphasized that the new round of scientific and technological revolution and industrial transformation are important variables and increments for the construction of Xiong'an New District. As a new generation of wireless communication technology, 5G will comprehensively promote the construction of key technical facilities for digital transformation in all walks of life in the economic society, and promote the digitalization, networking and intelligent upgrading of traditional fields. In 2020, 5G commercialization will become a global consensus. In 2025, the output value will reach 5 trillion yuan, becoming a strategic emerging industry and a new driving force for economic growth, creating a large number of employment opportunities and extremely valuable investment value. The 5G network has the characteristics of ultra-high bandwidth, large connection and ultra-low latency. Xiong'an New District and China Telecom jointly launched the 5G innovation demonstration network construction, which will explore the 5G business model, create rich demand scenarios, and gather the industrial ecosystem. Advance the 5G key technologies, international standards and industrial chain maturity, and promote the realization of 5G scale commercialization, such as 5G-based driverless demonstration, mobile telemedicine in 5G network environment, 5G-supported city-level Internet of Things, etc., effectively promote network technology and The close integration of industrial applications serves the construction of smart cities in the new district. On this basis, we will build a “perceived Xiong’anâ€, “Yunshang Xiong’an†and “Wisdom and Xiong’an†to create a smart city’s Xi’an standard and create an information-based operating environment for the industry’s benign development, effectively attracting high-end industries.
Dang Xiaolong also said that the construction of the national backbone network of Xiong'an New District marks that Xiong'an New District has a network status that matches the “Millennium Plan†in the informationized world. Xiong'an is no longer an access network under Baoding's metropolitan area network, but has become a national-level network node that is in line with Beishangguang and has direct access to the domestic central city. It also has a “one-bounce abroad†and relies on high quality and low quality. The delay of the Internet has access to more than 230 countries and regions. The construction of the national backbone network of Xiong'an New District is a major livelihood project. The Xiong'an New District will have the highest level of network service capability. The residents and enterprises in the new district will get a better network experience and experience a real sense of acquisition.
Dang Xiaolong said that in the construction process, Xiong'an New District needs to gather all the wisdom that can be gathered, integrate all resources that can be integrated, and mobilize all the forces that can be mobilized. Xiong'an New District and China Telecom propose to cooperate with industry partners such as Huawei, ZTE, Ericsson, Nokia and Qualcomm to create an “ecological Rubik's Cubeâ€, and strive to build a harmonious ecological environment and embrace the smart future. In the past, we advocated industrial chain cooperation, which is the concept of upstream and downstream. All links in the chain rely mainly on internal resources to drive competitive advantage. The income of all links in the industrial chain will affect the cost changes of other links. The competition result often shows “zero sumâ€. ". After entering the ecologicalization, the industrial chain has evolved into an “ecological Rubik's Cubeâ€. Each module relies more on capital and data to drive, and win-win is the inevitable result. We hope that China Telecom will rely on the world's largest NB-IoT network and telecom Internet of Things open platform to further leverage the advantages of cloud network integration, and through the "network evolution, platform openness, deep cooperation, supply upgrade", and join hands with various industrial partners in the intelligent ecological field. High-end high-tech industry talents, through multi-module, multi-combination and multi-format, strengthen their respective long-term, strengthen ecological synergy, jointly build the "ecological Rubik's Cube" with the concept of "sharing, creating and co-prosperity", implement the national network power strategy, and help the male Anxin District will create an open and win-win high-end industrial cluster and build a new highland for digital economy development.
(Securities Times News Center)
Securities Times Network August 14th
Conceptual stocks related to the speeding up of state-owned enterprise reforms are receiving attention
In the second half of the year, local state-owned enterprise reforms will accelerate again. At present, more than 10 provinces have successively held relevant meetings to deploy state-owned enterprise reforms in the second half of the year, especially in Shanghai, Guangdong, Tianjin and other places.
According to the China Securities Journal, as of August 11, a total of 59 listed companies in the Shanghai and Shenzhen stock markets were suspended due to major asset restructuring. Local companies listed in Beijing, Shanghai, Yunnan, Jiangsu, Liaoning and other places have suspended trading, most of which are real estate. Nonferrous metals, steel and other industries. Experts believe that the effectiveness of local state-owned enterprise reform is not only one of the indicators of local government assessment, but also one of the boosters of regional economic growth. Under the background of steady growth and declining leverage, the reform of local state-owned enterprises will accelerate in the second half of the year, and the restructuring and mixed improvement process is expected to further accelerate.
According to the analysis, since the beginning of the year, the pace of mergers and acquisitions of central enterprises and the reform of local state-owned enterprises has gradually accelerated, benefiting from the speeding up of state-owned enterprise reforms, and related concept stocks have begun to receive attention. Coal, electricity, steel, oil and gas and other fields are favored by institutional investors such as public and private investors, and a new round of investment is expected.
Changjiang Securities believes that the future reform of state-owned enterprises may follow two paths. First, mixed reform is still an important breakthrough in the future, but the industry may focus on military and civil aviation or continue to lead, mixed or accelerated in the oil and gas field; Reorganization or resurgence, mergers may first be carried out in the same industry or upstream and downstream of the industrial chain.
Liu Fangxu, manager of the flexible allocation of hybrid funds in the reform of state-owned enterprises, believes that most of the cases in which the pre-reform of state-owned enterprises were in the early stage of the reform were in the competitive business sector. Therefore, the funds are mainly deployed in the pharmaceutical, consumer and financial sectors.
(Securities Times News Center)
Securities Times Network August 14th
Privately funded and researched high-tech stocks
Private placements and research stocks are often the vane of the investment industry.
In the past month, private equity is getting together to research high-tech stocks including the University of Science and Technology. According to data from August 10 of the Eastern Fortune Choice, Hikvision is one of the hottest stocks in institutional research. In the past month, 39 private equity firms have gone to research. Tianqi Lithium Industry, as a core material supplier for new energy sources for lithium batteries, has 19 institutions surveyed and ranked second. Huagong Technology and Huanxu Electronics have 16 and 12 institutions respectively.
On July 20, the State Council officially issued the "New Generation Artificial Intelligence Development Plan." On July 24, well-known private placements such as Jinglin Assets and Danshuiquan and a number of private placements in Shanghai began to investigate Hikvision. According to the data, Hikvision relies on the accumulation of video surveillance industry, and in recent years has vigorously explored the product model and application market of AI technology. According to the research records, the organization generally pays more attention to Hikvision's AI product revenue ratio, trend, and market application and market development.
(Securities Times News Center)
Securities Times Network August 14th
Sophia's net profit in the first half of the year increased by nearly 50% Huijin ranked among the top ten tradable shareholders
On the evening of August 13, Sofia (002572) announced the 2017 semi-annual report. The company achieved operating income of approximately 2.487 billion yuan in the first half of the year, up 49% year-on-year; net profit attributable to shareholders of listed companies was approximately 294 million yuan, up 47.16 over the previous period. %. The same day announcement also showed that Sophia intends to push the 2017 employee stock ownership plan, raising a total of 280 million yuan.
As a big bull in the capital market, Sophia’s trend is like a rainbow. In the first half of this year, the company’s share price rose by nearly 50%. Judging from the holdings of the semi-annual report, the institutions of the Low-carbon Environmental Protection Fund and other institutions have reduced their holdings to varying degrees. Among them, the social security fund 418 and Yifangda Xinsi Road have withdrawn from the list of the top ten tradable shareholders. However, in the list of the top ten tradable shareholders, the “national team†Huijin Company appeared, with a holding of 751,240 shares, ranking ninth.
The big buy-in or lowering of the shareholding threshold may be the reason why Huijin appears in the top ten tradable shareholders list in Sofia. The data shows that at the end of the first quarter of this year, the threshold for entering the top ten tradable shareholders list of Sofia was 4,075,700 shares. In April of this year, the company implemented 10 to 10 shares. By the end of June, the threshold for entering the top ten tradable shareholders of the company was 7,748,500 shares. If you consider the high transfer factor, the threshold for entering the top ten tradable shareholders list in Sofia is actually down.
Although Sofia was reduced by a number of institutions in the second quarter, the company is still confident about itself. On the same day, the announcement showed that Sophia intends to push the 2017 employee stock ownership plan. The company's employee stock ownership plan plans to raise a total of 280 million yuan of funds, and entrusted Sichuan Trust Co., Ltd. to manage the trust plan share limit of 840 million shares (each share is 1 yuan), the priority share and the secondary share are established in a ratio of 2:1.
This is also the second employee stock ownership plan since Sofia since 2015. According to the data, in September 2015, Sofia implemented an employee stock ownership plan involving about 600 employees, and the employee stock ownership plan totaled 116.68 million shares. As of May 15, 2017, the Sophia shares held by the company's employee stock ownership plan products have all been sold.
As of June 30, 2017, Sophia's whole house custom products have more than 1,100 dealers, all of which have more than 2,150 stores. At the end of 2016, Sophia's whole house custom products have more than 1,000 dealers, all of which have more than 1,900 stores. In other words, the number of new stores in Sofia increased by about 250 in the first half of this year. In the whole year of 2017, Sofia plans to open 200 to 300 new stores.
Sofia's overall cabinet - Simi cabinets achieved operating income of 269 million yuan in the first half of this year, and the loss was reduced by 220.24 million yuan over the same period of the previous year. As of June 30, 2017, Simi Kitchen Cabinet had 440 dealers and about 660 dealer stores, an increase of 40 and 60 respectively from the end of last year. According to the plan at the beginning of the year, Simi cabinets plan to open 200 to 300 stores in 2017.
The semi-annual report shows that Sophia expects the company's net profit attributable to shareholders of listed companies to change by 30%-50% in the first three quarters of this year. Reasons for growth include the continued growth of custom closet business and cabinet business, continued growth in OEM product sales, and the company's automation, information and management capabilities to continue to increase productivity.
(Securities Times News Center)
Securities Times Network August 14th
Targeting Africa's lithium mine Huayou Cobalt intends to invest 68.42 million in Australia
The new energy vehicle market continued to grow, lithium products soared, demand for upstream power batteries and lithium battery materials soared, driving upstream lithium battery companies to expand and expand, and related companies also took advantage of the market to warm up and increase business layout. Huayou Cobalt (603799) is one of them.
Huayou Cobalt announced on the evening of August 13 that it intends to subscribe for the newly issued 186 million shares of Australian AVZ through its subsidiary Huayou International for A$13.02 million (equivalent to approximately RMB 68.42 million); this subscription is accompanied by an additional 186 million shares. The 20-month conversion option has an exercise price of $0.10. Upon completion of the transaction, Huayou International Mining will receive shares of AVZ's 186 million additional conversion options, accounting for 11.2% of the total share capital of AVZ after the completion of this issuance.
AVZ is listed on the Australian Stock Exchange (ASX) and was launched in September 2007. Its main business is mineral exploration in Africa, including exploration of copper, vanadium, lead, zinc, lithium, tin and gold.
As of June 30, 2016, AVZ's total assets were A$2.058 million, net assets were A$2.000 million, and net profit for 2016 was A$4.797 million. AVZ has a 60% interest in the Congo (Golden) Manono project, and the Manono project is an exploration rights project with a certain potential for lithium resource prospecting.
Huayou Cobalt said that the company's development strategy during the "13th Five-Year Plan" period will focus on the lithium-ion new energy materials industry as the core business of key development. The company will further increase investment and promote Africa's resource development strategy to develop lithium battery new energy materials business. Provide reliable resource protection. The subscription of AVZ's additional shares will help the company develop lithium resources necessary for lithium-ion new energy materials.
Huayou Cobalt reminded that AVZ's Manono area exploration rights project still needs further exploration work. Whether there are significant uncertainties in the existence of resources with economic development value, the project may have no development value risk. In addition, this investment involves the subscription of shares in overseas companies. At present, payment and delivery have not yet been completed, and there is still uncertainty about whether the subsequent successful completion of the delivery.
As the largest cobalt processing enterprise in China, Huayou Cobalt's leading products are cobalt products such as cobalt trioxide, cobalt hydroxide and cobalt sulfate, and ternary precursor products for lithium battery cathode materials. Huayou Cobalt's 2017 first quarter report showed that the company achieved revenue of 1.747 billion yuan, a year-on-year increase of 66.01%; net profit of 252 million yuan, an increase of 820.97%.
Changjiang Securities recently reported that with the introduction of the new version of the new energy vehicle subsidy policy and the ban on the use of ternary materials for passenger cars, China's ternary penetration rate is expected to increase significantly in the next two years, which makes Huayou Cobalt's upstream layout of lithium resources more Be concerned.
On the evening of May 2 this year, Huayou Cobalt and Blue Ocean Huateng, Yan Capital, Jianrui Wooneng, Yingweiteng, Netac Intelligence, Shanghai Electric Drive and many other listed companies and institutions jointly established the New Energy Automobile Innovation Alliance. Industrial Fund - Nanjing Fuxin Energy Industry Investment Partnership (Limited Partnership), in which Huayou Cobalt Co., Ltd. invested 50 million yuan as a limited partner. The management of Fuxin Energy is the capital, and the investment scale is not expected to exceed 1 billion yuan. The new energy automobile industry and new energy vehicle operation will be the main investment direction.
Huayou Cobalt believes that strategic cooperation with well-known enterprises and professional investment institutions in the new energy automobile industry will help accelerate the pace of the company's outreach development, thereby promoting the company's strategic upgrade to the lithium energy new energy materials industry.
In order to obtain upstream resources, Huayou Cobalt has been seeking opportunities for mineral investment in Africa. On August 3 this year, Huayou Cobalt announced that it plans to invest US$65.16 million (approximately RMB 438 million) in the Congo (Gold) subsidiary MIKAS to build an annual output of 4000 tons of crude cobalt hydroxide and 10,000 tons of copper. project. MIKAS has a registered capital of US$2 million. The chairman of the board is Chen Hongliang, the current general manager of Huayou Cobalt, and Huayou Cobalt and Congolese National Mining Corporation hold 72% and 28%, respectively.
Huayou Cobalt said that the above projects will help to further integrate and utilize local resources and improve resource utilization efficiency, thereby further enhancing the company's raw material self-sufficiency rate, providing resources for the full release of domestic cobalt smelting capacity and the development of lithium-ion new energy materials industry.
(Securities Times News Center)
Securities Times Network August 14th
*ST Baoshi plans to acquire 75% stake in Guilin Haiwei
*ST Baoshi disclosed today that the company intends to acquire 75% of the equity of Guilin Haiwei Ship Electric Co., Ltd. ("Guilin Haiwei") for no more than 330 million yuan in cash. The company said that if the acquisition is successful, it will form a good synergy with the existing military business, further expand the company's market in the military industry, and build a military business segment.
The announcement shows that Guilin Haiwei has been engaged in research and development and supporting production of degaussing equipment for ships (including aircraft carriers, submarines, warships, etc.) for decades, and the development and production of mine-sweeping equipment, ranking first in the field of division, and the four military certificates are complete. The average unaudited net profit in the past three years is nearly 30 million yuan; from January to May 2017, the company realized revenue of more than 50 million yuan and net profit of about 21 million yuan.
Guilin Haiwei has world-leading research and production capacity in the degaussing and mine-sweeping industry. Its main customers are shipyards and the military, as well as related units engaged in national defense scientific research and production, such as the procurement center of the relevant equipment department of the navy, and the national major ship. There are more than ten core backbone shipyards and research institutes in the project construction, including but not limited to the large-scale shipyards in Northeast China, East China, South China and Central China, and the affiliated research institutes of large-scale shipbuilding enterprises.
(Securities Times News Center)
Securities Times Network August 14th
China Power's military products business grew steadily in the first half of the year
The 2017 semi-annual report disclosed by China Power on August 12 showed that the company achieved operating income of 11.641 billion yuan in the first half of the year, up 10.14% year-on-year; net profit was 561 million yuan, up 21.53% year-on-year, maintaining a steady increase in operating results.
In the first half of the year, China Power's major power business segments grew well. The military sector's revenue was 2.1 billion yuan, accounting for 18%, which became the "lasting momentum" for steady growth.
After completing its asset integration in the first half of last year, China Power has the most complete power technology category in China. The company's military business segment mainly includes: chemical power, gas power, all-electric power, steam engine power, hot gas power, diesel engine power. In terms of chemical power, the company is the only manufacturer in China to produce lead-acid batteries for ships. The technology is at the advanced level in the world and provides power supply for Army armored vehicles and tanks. In terms of gas power, the company's research and development of marine gas turbines has a localization rate of 98.1%. It is the main supplier of gas turbines for large and medium-sized ships, and has the largest gas turbine industrial park and production line in the country.
In terms of all-electric power, the company occupies 90% of the domestic military market, and the electric propulsion technology is leading domestically. It is the national military industry standard setter. In terms of steam power, the company's surface submarine ship turbines account for 30% to 40% of the total profit. In terms of thermal power, the company is the only manufacturer of hot air machines in China, with a thermal efficiency of 30%, reaching the world's advanced level. In terms of diesel engine power, the company occupies more than 90% of the surface ship high-speed diesel engine market.
In recent years, China Power has benefited from multiple demands such as naval transformation and equipment upgrades, and orders have been full. Subordinate subsidiaries Guangsheng Power, Changhai Electric Push, Wuhan Shipbuilding, Qiyao Heavy Industry, etc., relying on the military platform of CSIC, to undertake the comprehensive supporting supply tasks of naval equipment, and are naval large and medium-sized ships and special ships. The main supplier of power-related devices has long-term stable orders for ship equipment. In the future, with the gradual release of military orders, the profitability of the company's military sector will continue to increase.
(Securities Times News Center)
Securities Times Network August 14th
Anji Foods plans to set up RMB 180 million to participate in Fubang Life Insurance
Anji Food announced today that the company intends to jointly establish Fubang Life Insurance Co., Ltd. with Dalian Motorcycle Commercial City Co., Ltd. The registered capital of Fubon Life Insurance is estimated to be 1 billion yuan, of which Anji Food intends to invest 180 million yuan, accounting for 18% of the registered capital.
According to the announcement, Fubang Life Insurance plans to operate life insurance, health insurance and accident insurance, and other related to the reinsurance of the above business, as well as the use of funds approved by the state laws and regulations or approved by the State Council. Among other shareholders, Dalian Motorcycle Commercial City Co., Ltd., Jiangsu Sanfanggang Group Co., Ltd., Jiangsu Shuangliang Boiler Co., Ltd., Zhongda Zhengtong International Investment Co., Ltd., Shenzhen Rihai Communication Technology Co., Ltd., Harbin Yihuida Electric Technology Development The shareholding ratio of the company limited by shares in Fubang Life Insurance is 19.90%, 19.90%, 19.50%, 9.90%, 9.50%, 3.30%.
Anji Foods said that the company initiated the establishment of Fubon Life Insurance and transferred some of its own capital from the industry to the financial institutions from a strategic perspective. It is hoped that the relationship between industry and finance will be mutually dependent and independent, thus increasing production. Synergies are achieved in many aspects such as promoting sales, reducing costs, revitalizing assets, and increasing revenue.
(Securities Times News Center)
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