① Three “demonstration” real estate companies completed the issuance of corporate bonds and launched the first real estate enterprise credit risk mitigation certificate
On May 24, ChinaBond Credit Enhancement Corporation and Bank of Shanghai jointly created a credit risk mitigation certificate to assist the private real estate company Xincheng Holding Group Co., Ltd. to issue the first tranche of medium-term notes in 2022. The total amount of credit risk mitigation certificates proposed to be created shall not exceed 130 million yuan, and the total financing scale to support Seazen Holdings shall not exceed 1 billion yuan. The varieties of bonds are medium-term notes, with a term of 2+1 years, which effectively supports the medium- and long-term financing needs of enterprises.
In addition, three private housing companies, Country Garden, Midea Real Estate and Longfor Group, were selected as “model housing companies” and have completed the issuance of RMB bonds from May 20 to 23.
GF Securities believes that under the background of declining fundamentals, policy optimization on both sides of supply and demand continues to increase, and it is expected that strong credit real estate companies will benefit from it to a greater extent. The current sector leader valuation has fallen again, and it is recommended to pay attention to investment opportunities.
②BRICS Industrial Internet and Digital Manufacturing Development Forum opens Industrial Internet Development Opportunitiesattention
State Councilor Wang Yong attended the opening ceremony of the BRICS Industrial Internet and Digital Manufacturing Development Forum in Xiamen, Fujian on the 23rd and delivered a speech. Wang Yong emphasized that the BRICS countries are highly complementary in their industrial structures and have broad space for cooperation in the field of digital transformation of the manufacturing industry. All parties should seize the development opportunity of the Industrial Internet, expand the partnership of the new industrial revolution, strengthen the innovative application of the Industrial Internet, accelerate the digital transformation and upgrading of enterprises, actively develop new digital infrastructure, promote policy coordination and interconnection of standards and rules, and strengthen the training and development of digital talents. Exchange and cooperate to jointly improve the digital, networked and intelligent development level of the manufacturing industry.
Huatai Securities pointed out that with the continuous maturity of technology and the promotion of industrial policies, my country’s industrial Internet industry is expected to develop rapidly, and IoT modules and intelligent controllers are expected to develop rapidly as the base of industrial Internet technology; An important cornerstone of my country’s digital economy development, it is expected to drive the domestic third-party IDC and the upstream precision temperature control industry to meet new development opportunities.
③Australia’s Pilbara’s second lithium concentrate auction price set a new high of $5,955/ton this year
On May 24, Pilbara, the main lithium mine in Australia, opened its second lithium concentrate auction this year. The final transaction price was US$5,955/ton, a 5.4% increase from the first auction price in April this year. The amount of ore in this auction is 5,000 tons, and the concentrate grade is 5.5%. The cost price of 1 ton of LCE is about 418,000 yuan / ton. The batch of ore is expected to be delivered from mid-June to mid-July.
Huaxi Securities said that more than 60% of the raw materials of my country’s lithium salt production come from lithium concentrate imported from Australia. As the price of lithium concentrate continues to rise, the processing cost of lithium salt has increased sharply. It rose again to the previous high and even broke further. The profits of the industrial chain have shifted significantly to the upstream lithium mine resource end, and the difference in profits per ton of lithium salt processing plants and integrated enterprises will become more and more obvious. It is recommended to pay attention to enterprises integrating upstream and downstream.
④Huawei held a supplier carbon reduction conference to put forward carbon reduction requirements for all suppliers
On May 24, the 2022 Huawei Supplier Carbon Reduction Conference was held. Huawei expressed the hope that all suppliers will take the initiative to meet the challenge of carbon emission reduction, seize the opportunity, set feasible and challenging carbon emission reduction targets, and work with Huawei to continuously reduce the total carbon emission of the supply chain.
In 2021, Huawei will incorporate carbon emission reduction requirements into the entire supplier management process, put forward carbon emission reduction requirements for all suppliers, and encourage leading suppliers to achieve carbon neutrality ahead of schedule.
GF Securities said that it is expected that companies with channel advantages and technological advantages will rapidly expand their scale and increase their market share, and usher in a golden development period. Among them, the focus is on recycled plastics, recycled oils and fats in overseas markets, as well as recycling of hazardous waste, dismantling of home appliances, and power battery recycling.