Original title: Temasek and CDH appeared in Yiheda, 153 institutions gathered in China Mining Resources | One Week Institutional Research
The Shanghai and Shenzhen stock markets fluctuated downward this week. As of Friday’s close, the Shanghai Composite Index was at 3130.24 points, down 0.52% for the week; the Shenzhen Component Index fell 2.28%, and the ChiNext Index fell 3.92% this week.
At the same time, institutional research enthusiasm also plummeted. Wind data shows that from May 23 to May 27, only 191 listed companies in Shanghai and Shenzhen received institutional surveys, a significant decrease of 190 from last week; 19 of them received surveys from more than 30 institutions; 7 listed companies were surveyed by more than 100 institutions.
The industrial machinery sector is still the most concerned by institutions. Wind industry data shows that 14 listed companies in this sector have received institutional research, followed by the electronic components and electrical components and equipment sectors, with 11 listed companies receiving institutional research; It is relatively high, with 9 and 8 listed companies receiving institutional surveys respectively.
Yiheda (301029.SZ) attracted a total of 179 institutions to participate in the survey this week, including 52 public funds, 5 insurance funds, 24 securities companies and 65 investment institutions.
The survey list shows that China Universal Fund, GF Fund, Bosera Fund and other leading public offerings have attended the scene; Jinglin Assets, Gao Yi Assets, Danshui Investment, Juming Investment and other well-known private equity groups have organized research; in addition, Temasek, CDH Investment, etc. Investment institutions also rarely appeared; CMB Wealth Management, Guangyin Wealth Management and other wealth managers also appeared on the survey list.
The company specializes in the research and development, production and sales of automation parts, and provides one-stop supply of FA factory automation parts. In this research activity, when talking about the impact of the epidemic on the company’s various businesses, Yiheda said that, from the perspective of time, the impact of the epidemic mainly began in mid-March, and the impact in East China was more obvious in early April. In mid-to-late April, it has basically recovered to the level of orders in early March. The orders from the East China headquarters have also gradually recovered since May.
Second, in terms of the industry, from March to April, the completion of orders in South China for industries such as lithium battery and 3C was better than expected, which also made up for the loss of some orders in East China; the overall growth of the automotive and photovoltaic industries from March to April Slower, below average growth rate.
Third, in terms of customer concentration, the proportion of small and micro customers has increased, currently 90%-92%, but its overall contribution has slightly declined. The concentration of top customers is more obvious, but from the perspective of epidemic prevention and control, industries and regions with higher concentration of top customers have higher operational stability. The main reason is that head enterprises will be supported by local government policies, so they can resume production faster.
China Mining Resources (002738.SZ) has also attracted the attention of institutions. This week’s research activities also attracted 153 institutions, including 53 public funds, 16 securities companies, 8 insurance funds and 58 investment institutions. The survey list includes leading public offerings such as Wells Fargo Fund, China Southern Asset Management, and Penghua Fund, as well as well-known private placements such as Panjing Investments and Yuyi Assets. In addition, wealth management companies such as Huihua Wealth Management and Nanyin Wealth Management also appeared for research.
The research activities mainly focus on the company’s recently announced fixed increase matters. On May 23, the company announced that it planned to raise additional funds.crowdfundingNo more than 3 billion yuan of gold will be used for the high-purity lithium salt project with an annual output of 35,000 tons, the construction project of the Bikita Lithium Mine in Zimbabwe of 2 million t/a, the reconstruction and expansion project of the Bikita Lithium Mine in Zimbabwe of 1.2 million t/a and supplementary working capital.
China Mining Resources stated in the research activities that after the issuance, the actual controller holds 13.54% of the company’s shares, and the second largest shareholder, Sun Meichun, holds 4.66% of the company’s shares. The company’s equity is relatively scattered. Therefore, the actual controller’s controlling position Nothing will change as a result of this release.
Regarding the planning of the production of raw material lithium ore resources, China Mining Resources stated that the company has short-term and long-term planning arrangements in terms of raw material supply. Increase the self-sufficiency rate of the company’s raw material guarantee to stably guarantee the raw material supply of the company’s existing 25,000-ton lithium salt production line and the planned expansion of the 35,000-ton high-purity lithium salt project.Return to Sohu, see more