The Caixian News Agency reported on August 29 that important news affecting the market over the weekend include: Hu Chunhua emphasized the resolute and effective implementation of the seed industry revitalization action; the SASAC delineated key areas, and the reorganization of central enterprises in the second half of the year will be fully accelerated; the National Development and Reform Commission: the introduction of the electrolytic aluminum industry is strictly prohibited Preferential electricity price policy; next week, the market value of nearly 200 billion yuan will face the lifting of the ban, and the market value of 4 shares will exceed 10 billion yuan; Beijing Capital has increased its positions for 11 consecutive months and bought photovoltaic stocks.
Macro and market news
Hu Chunhua emphasized the resolute and effective implementation of the seed industry revitalization action
The National Video and Telephone Conference on Promotion of Seed Industry Revitalization was held in Beijing on the 27th. Hu Chunhua, member of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, attended the meeting and delivered a speech. He pointed out that in accordance with the requirements of the Seed Industry Revitalization Action Plan, efforts should be made to consolidate the foundation of germplasm resources, fully understand the family status of germplasm resources, and pay close attention to protection, identification and evaluation. It is necessary to focus on ensuring the independent and controllability of high-quality varieties, speed up the cultivation of a batch of new breakthrough high-quality varieties, and continue to strengthen basic research and cutting-edge technology research. It is necessary to give full play to the role of the main body of the enterprise, cultivate and expand a group of competitive modern seed industry enterprises, and accelerate the establishment of a commercial breeding system with seed industry enterprises as the main body and close integration of production, education, research and application. It is necessary to comply with the demand for modern agricultural seeds, effectively improve the construction level of seed industry bases, and enhance the ability to stabilize the supply of improved seeds. It is necessary to comprehensively optimize the seed industry market environment, improve the legal system for the seed industry market, and increase market supervision and penalties.
Li Chao, Vice Chairman of the China Securities Regulatory Commission, put forward the “Five Persistences” on the high-quality development of the securities industry
On August 28, the 30th Anniversary Symposium of the China Securities Industry Association was held in Beijing. Li Chao, Vice Chairman of the China Securities Regulatory Commission, attended the symposium. In response to the development of the securities industry and the China Securities Association in the next stage, Li Chao proposed “five persistences”, including: insisting on returning to the source, insisting on strict adherence to the bottom line, insisting on maintaining stability and achieving long-term, insisting on strengthening the foundation and maintaining the foundation, and insisting on assuming the mission. Li Chao also stated that the reform of the securities issuance registration system is a major change in the basic system of the capital market. Securities companies must improve the ability system construction that is compatible with the registration system reform, and accelerate the transformation from channelization and passive management to professional and active management. The core of sponsorship, pricing, underwriting, etc., to enhance the business capabilities and practice quality of the investment bank’s entire chain; also pay attention to starting from reality to form a comprehensive, professional, distinctive, and differentiated industry development pattern.
State-owned Assets Supervision and Administration Commission delineated key areas in the second half of the year to accelerate the restructuring of central enterprises
In the second half of 2021, the State-owned Assets Supervision and Administration Commission will promote the integration and reorganization of state-owned enterprises. “The SASAC will take the supply-side structural reform as its main line, focus on advanced manufacturing and technological innovation, and greatly promote the restructuring work in the fields of transmission and distribution equipment manufacturing, modern logistics, strategic resources, grain storage and processing, and offshore equipment.” Weng Jieming, deputy director of the State-owned Assets Supervision and Administration Commission of the State Council, said at the “Media Briefing on the Restructuring and Reorganization of Central Enterprises”. The preliminary work for mergers and reorganizations in some areas has been completed, and only awaiting an order from the State-owned Assets Supervision and Administration Commission in the second half of the year.
Office of the Cyberspace Administration of China: Tool applications that have not obtained permission for Internet news information services are not allowed to push news information
From today, the Cyberspace Administration of China will launch the “Special Rectification of Outstanding Issues in the PUSH Pop-ups of Qinglang Mobile Application” and clarify six rectification requirements: ① It is forbidden to push news information that is illegally collected, edited, published, or reproduced on commercial website platforms and “self-media” accounts. ②Pushing news information must not exaggerate public opinion hotspots, take out of context, tamper with the original intent to attract eyeballs, and mislead netizens; ③Tools and applications that have not obtained the permission of Internet news information services are not allowed to push news information; ④It is forbidden to push entertainment gossip, celebrity scandals, bloody violence, Vulgar and vulgar content that is contrary to the core values of socialism; ⑤It is prohibited to enlarge the dissemination of unethical artists and negative controversial remarks through PUSH pop-up channels; ⑥In the event of emergencies, disasters and accidents, do not exaggerate the bloody scene or overemphasize the bloody details of the case Etc., don’t get together to push related information.
The market value of nearly 200 billion yuan will be lifted next week, and the market value of 4 shares will exceed 10 billion yuan.
There will be greater pressure to lift the ban next week, and 40 stocks will be lifted. According to the latest closing price, the total market value of the lifted ban will be 198.833 billion yuan. Four stocks with a market value of more than 10 billion yuan are listed as Oriental Shenghong, Huabao Co., Ltd., China Heavy Industry, and Shengxiang Biological. Among them, Dongfang Shenghong has the largest market value of 87.642 billion yuan in lifting the ban, and 2.768 billion shares will be listed and traded next week, mainly for private placement of shares.
Beijing Capital has increased its position to buy photovoltaic stocks for 11 consecutive months
Northbound funds reversed last week’s decline and kept increasing positions throughout the week, with a total net purchase of 17.997 billion yuan. The cumulative net purchases since August are 18.871 billion yuan, the 11th consecutive month of net purchases. Recently, the price of silicon wafers has shown a trend of intensive rise again, and photovoltaic concept stocks have therefore become the favorite of Beijing capital. This week, the Beijing capital increased significantly to 6.179 billion yuan in the electrical equipment industry, far surpassing other industries. In addition, the non-ferrous metals industry received a net purchase of 2.783 billion yuan from Beijing Capital this week, the banking industry received a net purchase of 2.178 billion yuan, and industries such as transportation, public utilities, and automobiles also received net purchases of more than 100 million yuan.
Industry News
National Development and Reform Commission: Encourage electrolytic aluminum companies to improve the utilization of non-aqueous renewable energy such as wind power and photovoltaic power generation
The National Development and Reform Commission promulgated a step-by-step electricity price policy for the electrolytic aluminum industry, encouraging electrolytic aluminum enterprises to increase the use of non-aqueous renewable energy such as wind power and photovoltaic power generation, and reduce fossil energy consumption. The non-aqueous renewable energy consumed by electrolytic aluminum enterprises accounts for more than 15% of the total electricity consumption, and is not less than the incentive value of the non-hydropower consumption responsibility weight of the province (autonomous region, municipality) in the previous year, each increase in the proportion 1 percentage point, the tiered price increase standard is correspondingly reduced by 1%.
National Development and Reform Commission: The electrolytic aluminum industry is strictly prohibited from issuing preferential electricity price policies
The National Development and Reform Commission promulgated a step-by-step electricity price policy for the electrolytic aluminum industry. All localities must strictly implement the national electricity price policy. It is strictly forbidden to implement preferential electricity prices for the electrolytic aluminum industry and organize special transactions in the electrolytic aluminum enterprise power market. Those that have been implemented and organized should be cancelled immediately. It is strictly forbidden to introduce preferential electricity price policies into the assessment and assessment of the responsibility of the provincial people’s government for energy consumption dual control targets.
Ministry of Natural Resources: List iron ore as a strategic mineral as the main target for domestic prospecting operations
A few days ago, the Ministry of Natural Resources responded to the proposal of the CPPCC members, expressly supporting the development of domestic iron ore resources. The reply letter stated that in the next step, our ministry will continue to strengthen basic geological work and list iron ore as the main target of the domestic prospecting for strategic minerals. “Panzhihua” vanadium-titanium magnetite and higher-grade skarn-type iron ore are the key breakthrough directions, to improve the level of basic geological work, to optimize the prospecting blocks available for sale, and to increase the transfer of prospecting rights. At the same time, guide and urge mining rights holders to increase investment and rely on technological innovation to speed up the realization of breakthroughs in iron ore prospecting and increase reserves and production.
Musk approves Tesla Model 3’s U.S. testing of lithium iron phosphate batteries
Recently, users in the United States who have ordered a Tesla Model 3 with an enhanced standard battery life have received an email. If they want to get the car in advance, they can choose a lithium iron phosphate battery. According to the information on Tesla’s official website, the battery life of the lithium iron phosphate battery model dropped from 263 miles to 253 miles, and the price remained unchanged at $39,990. A car owner asked about the difference between the two models on the social platform. Musk replied: “The experience of lithium iron phosphate and ternary battery is roughly the same. I prefer lithium iron phosphate battery, which can be charged to 100%, and ternary lithium battery only 90%.”
2021 China International Digital Economy Expo will be held from September 6th to 8th
According to the “Xiongan Release” WeChat official account, the 2021 China International Digital Economy Expo hosted by the Ministry of Industry and Information Technology and the People’s Government of Hebei Province will open in Shijiazhuang City, Hebei Province from September 6 to September 8. During the Expo, Xiong’an New District will hold a special exhibition at Zhengding International Convention and Exhibition Center, focusing on the demonstration applications and construction results of Xiong’an New District in the construction of smart cities.
The State Administration for Market Regulation Publicly Solicits Opinions on the “Guidelines for the Enforcement of Medical Beauty Advertisements”
In order to enhance the scientific and standardization of the regulatory rules for medical beauty advertising and safeguard the legitimate rights and interests of consumers, the State Administration of Market Supervision has researched and drafted the “Guidelines for the Law Enforcement of Medical Beauty Advertising (Draft for Solicitation of Comments)”, which is now open to the public for comments. It is planned to focus on the following situations: Violating the laws and regulations of drugs, medical devices, advertising, etc., advertising drugs and medical devices that have not been approved or filed by the drug management department; publicizing the effectiveness of diagnosis and treatment or guaranteeing the safety and efficacy of diagnosis and treatment Sexual commitment.
The first domestic demonstration line of one hundred hydrogen energy heavy trucks was put into operation
One hundred hydrogen heavy truck demonstration lines in Baoding have been put into operation recently in Xushui District. It is reported that this is the first hydrogen-energy heavy-duty truck transportation line with a 100-vehicle level and market-oriented operation in China. It will build a green ecological logistics system for Baoding, serve the Xiongan New District, and play an important role in helping to achieve carbon peaks and carbon neutrality.
Yunda and Jitu follow-up to increase the distribution fee effective September 1
Last night, Yunda also announced that starting from September 1st, the end-of-network distribution fee will be increased by 0.1 yuan. So far, Tongda companies such as Zhongtong, Yuantong, Shentong, Best and Yunda have all decided to increase their fees. Jitu Express issued an announcement on the intranet on the evening of August 28, announcing that starting from September 1, the delivery fee for couriers across the network will increase by 0.1 yuan per ticket.
Shenzhen’s second batch of centralized land supply: the upper limit of the premium rate has been reduced to 15%, and the price limit of new houses has also been lowered
Today, Shenzhen re-issued the second batch of residential land transfer announcements in 2021. The transfer of land involved remains unchanged, a total of 22 cases, with a total land area of about 83.4 hectares. This announcement mainly made the following adjustments and optimizations: First, adjust the qualifications and access requirements of bidders, and improve the market access mechanism. The second is to optimize land bidding methods and reasonably limit land premiums. The third is to strengthen the “real estate and land linkage” and further lower the price limit for housing sales. The selling price of ordinary commercial housing for this batch of land will be adjusted up or down from the original price limit by 3%-9.2%, and the sales price of affordable commercial housing will be adjusted up or down from the original price limit by 2.8%-9.1%. The market will be further stabilized through price guidance. Home buyers are expected. The fourth is to strictly implement the land purchase fund review mechanism to ensure that real estate development enterprises use their own funds to purchase land in compliance with regulations. The fifth is to strengthen corporate credit constraints.
Company news
SMIC’s semi-annual report: net profit of 5.241 billion yuan in the first half of the year increased by 278.1% year-on-year
SMIC announced that in the first half of the year, revenue was 16.09 billion yuan, a year-on-year increase of 22.3%; net profit was 5.241 billion yuan, a year-on-year increase of 278.1%; basic earnings per share were 0.66 yuan. During the reporting period, the number of wafers sold by the company increased by 16.2% from 2.8 million equivalent 8-inch wafers in the same period last year to 3.3 million equivalent 8-inch wafers during the current period. The average selling price increased from 4143 yuan in the same period last year to 4390 yuan in the current period.ZTE’s semi-annual report: net profit in the first half of the year increased by 119.6% year-on-year, and 5G product gross profit margin increased
ZTE disclosed the semi-annual report, the company’s operating income for the first half of 2021 was 53.071 billion yuan, a year-on-year increase of 12.44%; the net profit attributable to the parent was 4.079 billion yuan, a year-on-year increase of 119.60%. During the reporting period, the company’s overall gross profit margin increased by 2.71 percentage points year-on-year to 36.14%, of which the operator network gross profit margin was 42.83%, an increase of 6.49 percentage points from 36.34% in the same period last year, mainly due to the increase in 5G product gross profit margin.
IKang Technology: Net loss of RMB 66,718,900 in the first half of the year turned from profit to loss
Aikang Technology released a semi-annual report. In the first half of the year, the net profit loss attributable to the owners of the parent company was 66.718 million yuan. The net profit of the same period last year was 26.963 million yuan, which turned from profit to loss. Operating income was 1.268 billion yuan, a year-on-year decrease of 27.13%; Share income-0.01 yuan.
TBEA: Net profit in the first half of the year increased by 237.64% year-on-year, and polysilicon prices rose
TBEA disclosed the semi-annual report, the company realized operating income of 22.492 billion yuan in the first half of 2021, a year-on-year increase of 25.19%; net profit attributable to parent company was 3.106 billion yuan, a year-on-year increase of 237.64%; basic earnings per share were 0.84 yuan. During the reporting period, the company’s new energy industry and supporting engineering operating income increased by 144.65% over the same period last year, and gross profit margin increased by 13.58 percentage points over the same period last year, mainly due to the increase in polysilicon prices and sales.
Pico, a VR startup, sent a letter from all staff to confirm that it was acquired by ByteDance
VR startup Pico issued a letter to all employees, disclosing that the company was acquired by ByteDance. According to the internal letter, users will receive more content support and technology upgrade services in the future on the basis of enjoying the original services. It is reported that Pico will incorporate ByteDance’s VR-related business, integrate Byte’s content resources and technical capabilities, and increase investment in product research and development and developer ecology. Pico was founded in 2015 by the current CEO Zhou Hongwei. Goertek is its strategic supplier. After being acquired by ByteDance, Pico will continue to cooperate with GoerTek as the head customer. The two parties have signed a long-term strategic cooperation agreement to ensure the stable operation of the supply chain.
Exclusive | Tibet Mining Phase II Lithium Carbonate Project has a cost of 24,100 yuan/ton after deducting by-products, and its cost competitiveness is in the first echelon in the world
The reporter learned from Tibet Mining that the second phase of the company’s salt lake lithium extraction project with an annual output of 12,000 tons of lithium carbonate and 156,000 tons of potash fertilizer plans to start construction on September 29 this year, and strive to be completed on July 30, 2023, and put into operation on September 30, 2023. ; And the first phase of the project will continue to be retained, and technical improvements (dynamic halogenation, film coating, etc.), after the completion of the transformation, it is expected to reach a lithium concentrate production capacity of 10,000 tons/year in 2023, which is equivalent to about 5,000 tons of lithium carbonate. In terms of cost, the full cost of the second-phase product of lithium carbonate is 42,500 yuan/ton, and the full cost after deducting by-products is 24,100 yuan/ton. The cost competitiveness is in the world‘s first echelon; the first-phase product is lithium concentrate, and the cost after transformation It is more than 10,000 yuan/ton.
Ping An of China: The first repurchase of the company’s A shares cost 29.37 million yuan
Ping An announced today that it repurchased 570,000 A shares, accounting for 0.00312% of the company’s total share capital. The total amount of funds paid was 29,374,100 yuan (excluding transaction costs), and the lowest transaction price was 51.19 yuan/share, the highest The transaction price was 51.96 yuan/share. The company previously announced that it intends to repurchase 5 billion to 10 billion shares.
SenseTime has submitted a listing application to the Hong Kong Stock Exchange
According to the Hong Kong Stock Exchange, the artificial intelligence unicorn Shangtang Technology has submitted a listing application to the Hong Kong Stock Exchange. According to the prospectus, the total revenue for the six months ended June 30, 2021 was 1.652 billion yuan, a year-on-year increase of 91.8%. After deducting non-recurring gains and losses such as changes in the fair value of preferred stocks, the accumulated non-net loss for three and a half years was 2.86 billion yuan. The adjusted net losses for 2018, 2019, 2020 and the first half of 2021 were RMB 220 million, RMB 1.037 billion, RMB 878 million and RMB 726 million, respectively. As of June 30, 2021, the total number of customers of the software platform has exceeded 2,400, including more than 250 Fortune 500 companies and listed companies, 119 cities, and more than 30 auto companies. More than 450 million mobile phones and more than 200 mobile applications.
CanSino Bio’s net profit of 937 million yuan in the first half of the year turned losses year-on-year
Cansino Bio-Bio announced on the Hong Kong Stock Exchange that the net profit in the first half of the year was 937.1 million yuan, and the loss in the same period last year was 102 million yuan; the profit per share in the first half of the year was 3.79 yuan, and the loss in the same period last year was 0.46 yuan. In the first half of the year, Kansino Biotechnology achieved revenue of 2.06 billion yuan. According to Cansino Bio, at present, except for Ad5-nCoV and MCV2, the company has not commercialized any other products. Among them, Ad5-nCoV vaccine is used to prevent COVID-19 disease, and the designed annual production capacity is about 500 million doses. The company will give priority to the COVID-19 epidemic and spare no effort to commercialize Ad5-nCoV domestically and globally.
Guoxuan Hi-Tech: plans to invest no more than 260 million yuan to build Guoxuan 1GWh high-performance battery cell project
Guoxuan Hi-Tech announced that Guoxuan Battery, a wholly-owned subsidiary of the company, intends to invest in the construction of Guoxuan’s 1GWh high-performance battery cell project with its own and self-raised funds not exceeding 260 million yuan. After the project is put into production, it is expected to achieve an annual output value of approximately RMB 600 million.
Del shares: The company’s self-developed fuel cell system core components, hydrogen filling equipment and other products have achieved initial results
Del shares stated on the interactive platform that the company’s self-developed fuel cell system core components, hydrogen refueling equipment and other products have achieved initial results. At the same time, the all-solid-state battery developed by the company has the characteristics of high safety, high energy density, and small size.
Wanfeng Aowei: Diamond aircraft orders have been scheduled to 2023
Wanfeng Aowei stated on the interactive platform that as of now, the order of Diamond Aircraft has been scheduled to 2023. Rising shipping prices and tight shipping schedules will not have a significant impact on operations.
ST Kaile Performance Express: In the first half of the year, a net loss of 5.714 billion yuan was provided for impairment losses on private network communications services
ST Kaile released a performance bulletin. In the first half of the year, the net profit loss attributable to the owners of the parent company was 5.714 billion yuan, and the net profit in the same period last year was 384 million yuan; operating income was 2.07 billion yuan, a year-on-year decrease of 46.36%; basic earnings per share-5.73 yuan . The company’s private network communications business related accounts receivable, prepaid accounts and inventory impairment losses, as well as goodwill impairment provisions. ST Kaile disclosed an announcement on abnormal stock trading fluctuations on the same day: Up to now, the company’s private network communications business has added an overdue supply contract amount of 606 million yuan.
*ST Zhongtai’s semi-annual report: loss of 753 million yuan in the first half of the year narrowed
*ST Zhongtai disclosed the semi-annual report. The company achieved operating income of 384 million yuan in the first half of 2021, a year-on-year decrease of 50.08%; a loss of 753 million yuan, a loss of 1.034 billion yuan in the same period last year. During the reporting period, the company ceased production and expanded its business scope and its business further declined.
Overseas news
The three major U.S. stock indexes collectively closed up, the S&P 500 index hit a record high for the 11th time in August
The three major U.S. stock indexes closed up on Friday. The Nasdaq rose 1.23%, a cumulative increase of 2.82% this week; the Dow rose 0.69%, a cumulative gain of 0.95% this week; the S&P 500 index rose 0.88% to close above 4,500 points. Weekly increase of 1.52%, August hit a record high for the 11th time. When Powell talked about the possibility of starting QE reduction during the year, the bank index rose more than 1.7%, while American Express, Goldman Sachs, Morgan Stanley, Wells Fargo, and Bank of America rose more than 1%. Chip stocks AMKR rose more than 5.7%, TER, MKSI, LRCX rose more than 4%, and CCMP rose more than 3%. China’s e-commerce stocks in Mogujie rose 9%, education stocks leader Education rose nearly 2%, Weibo fell more than 10%, and Gaotu Education fell more than 5%.
International crude oil futures settlement price rose by about 2% this week, the cumulative increase of more than 10%
WTI October crude oil futures closed up 1.32 US dollars, or 1.96%, to 68.74 US dollars per barrel, a cumulative increase of 10.62% this week. Brent’s October crude oil futures closed up 1.63 US dollars, or 2.29%, to 72.70 US dollars per barrel, an increase of 11.54% this week. US natural gas futures continued their gains, rising 5% within the day, setting a new high in 32 months.
Powell: Debt reduction is appropriate to start this year. Debt reduction will not directly signal the timing of a rate hike.
Fed Chairman Powell said that it is appropriate to start debt reduction this year, and debt reduction will not directly signal the timing of interest rate hikes; he believes that employment continues to grow and inflation returns to the target.
The White House predicts: the U.S. government’s fiscal year 2021 budget deficit will reach 3.12 trillion US dollars
The White House released a report predicting that the US government budget deficit will reach 3.12 trillion US dollars in the 2021 fiscal year ending September 30, which is a decrease of 555 billion US dollars from the expected figure announced in May. If the budget deficit for this fiscal year is finally fixed at US$3.12 trillion, this fiscal year will become the second highest deficit year in US history, only lower than last year’s US$3.129 trillion. The report pointed out that the main reason for the sharp increase in the budget deficit was a series of government stimulus bills such as the “U.S. Aid Program.” In addition, the report also predicts that in the next ten years, the US government budget deficit will remain above US$1 trillion. At the same time, this year’s GDP growth rate is expected to reach 7.1%.
U.S. retail investors continue to pay attention to China’s concept stocks and start bargaining
Recently, on websites such as “Reddit”, a gathering place for retail investors in the United States, posts about Alibaba have become more popular. Some people shouted “to increase the position”, some said “wait for the signal to buy”, and others said “Alibaba has reached the best time to buy in the whole position.” The space technology-themed ETF (ARKX) under the ARK Fund founded by Cathie Wood bought more than 160,000 shares of JD.com ADR on August 23, local time, reversing the trend of continuous selling since the end of July.
The University of Washington predicts that the United States may add 98,000 new coronary pneumonia deaths in the next three months
The University of Washington released a modeling forecast on Friday. From now to December 1, the United States is expected to add about 98,000 new crown deaths, which will also increase the total number of new crown deaths in the United States to about 730,000. In addition, the model predicts that by mid-September, the death toll may rise to nearly 1,400 per day, and then slowly decline. At present, the number of deaths from the new crown in the United States has exceeded 1,100 in a single day, returning to the level of March this year. However, the University of Washington model also shows that if Americans change their lifestyles, a large number of deaths will be avoided.