What are the important news?
Zheng Shanjie, director of the National Development and Reform Commission: The economic growth forecast of about 5% this year is a goal that can be achieved by struggling.
The second session of the 14th National People’s Congress held a press conference at 3pm on March 6th. Zheng Shanjie, director of the National Development and Reform Commission, said at the press conference that the target of 5% of China’s economic growth this year has been scientifically demonstrated, which meets the annual requirements of the 14th Five-Year Plan, basically matches the potential of economic growth, and is a goal that can be achieved with great efforts. Zheng Shanjie also said that the demand for equipment renewal is a huge market of more than 5 trillion yuan.
Minister of Finance Lan Foan: We will study and introduce a structural tax reduction and fee reduction policy in a targeted manner.
Lan Foan, Minister of Finance, said at a press conference yesterday that this year, we will study and introduce a structural tax reduction and fee reduction policy, focusing on supporting scientific and technological innovation and manufacturing development.
Wang Wentao, Minister of Commerce: Promote the trade-in of consumer goods such as automobiles and household appliances on a voluntary basis.
Wang Wentao, Minister of Commerce, said at a press conference yesterday that this year, we should promote the trade-in of consumer goods such as automobiles, home appliances and home improvement, and boost service consumption.
Pan Gongsheng, Governor of China People’s Bank: There is still room for RRR reduction in the future.
Pan Gongsheng, governor of the central bank, said at a press conference yesterday that the current statutory deposit reserve ratio is 7% on average, and there is still room for RRR reduction. We will comprehensively use a variety of monetary policy tools, intensify counter-cyclical adjustment, maintain a reasonable and abundant liquidity, and support the steady growth and balanced supply of social financing scale and total money and credit.
Wu Qing, chairman of the CSRC, set the tone for supervision.
Wu Qing, chairman of the China Securities Regulatory Commission, said at a press conference yesterday that to do a good job in import supervision, corporate IPOs should not be aimed at circling money; It is necessary to standardize the reduction of holdings and further plug the loopholes in technical divorce, securities lending and refinancing; Encourage A-share listed companies to pay dividends several times a year, and take measures such as limiting their holdings for companies that do not pay dividends; Adapt to the needs of the development of new quality productive forces, improve the system of issuance and listing, mergers and acquisitions; How to further improve the quantitative trading in the secondary market to seek advantages and avoid disadvantages and highlight fairness.
The second session of the 14th National People’s Congress held a diplomatic press conference today.
The second session of the 14th National People’s Congress will hold a press conference at 10: 00 this morning in the press room of the Media Center, inviting the Political Bureau of the Communist Party of China (CPC) Central Committee member and Foreign Minister Wang Yi to answer questions from Chinese and foreign journalists on "China’s foreign policy and foreign relations".
These announcements cannot be missed.
Five-link board Furong Technology: The company’s products do not have AI function.
The daily limit for five consecutive trading days () On the evening of March 6, the disclosure of stock trading changes and risk warnings announced that the company’s main business is the research and development, production and sales of aluminum structural parts for consumer electronics products. The company’s main products are aluminum structural materials for consumer electronics products, which are further processed for smart phones, tablet computers and notebook computers. Company products do not have AI function.
Kelai Electromechanical Co., Ltd.: Prompting the risk of overheated market sentiment and irrational speculation.
() On the evening of March 6, it was announced that the company’s stock had closed at the daily limit for 14 times in 19 trading days since January 31, and on March 6, the company’s stock hit the daily limit again. The company once again reminds investors of the risks of overheated market sentiment and irrational speculation, reminding investors to pay attention to the trading risks in the secondary market, make rational decisions and invest prudently.
Yaxing Bus: Sales in February increased by 369.7% year-on-year.
() On the evening of March 6th, the February production and sales data bulletin was disclosed, and the sales volume in February was 310 vehicles, up 369.7% year-on-year; This year, the cumulative sales volume was 494 vehicles, a year-on-year increase of 160%.
Animal husbandry in western China: In February 2024, the production of self-produced raw milk decreased by 0.4% year-on-year.
() On the evening of March 6th, it was announced that the production of self-produced fresh milk in February 2024 was 3,127.96 tons, down 2.28% from the previous month and 0.4% from the same period last year.
Debon shares: The net profit returned to the mother in 2023 was about 746 million yuan, up 13.32% year-on-year.
() The performance report was released on the evening of March 6, and the operating income in 2023 was 36.279 billion yuan, a year-on-year increase of 15.57%; The net profit of returning to the mother was 746 million yuan, a year-on-year increase of 13.32%; The basic earnings per share is 0.73 yuan. During the reporting period, on the one hand, the company actively promoted product upgrading, continuously improved delivery quality, enhanced product competitiveness, and simultaneously strengthened sales capacity building. On the other hand, in the second half of 2023, the company and various sectors of JD.COM Group Co., Ltd. will gradually carry out business cooperation and resource integration, such as promoting network integration projects in an orderly manner. Under the comprehensive influence of the above two aspects, the company’s income has achieved rapid growth.
Jiangshan Oupai: Net profit of 400 million yuan in 2023 turned losses year-on-year.
() The 2023 Annual Performance Express was disclosed on the evening of March 6. During the reporting period, the company’s operating income was 3.728 billion yuan, a year-on-year increase of 16.19%; The net profit attributable to shareholders of listed companies was 400 million yuan, turning losses into profits year-on-year; The basic earnings per share is 2.27 yuan. The main factors affecting the operating performance are: (1) The company accrued a credit impairment loss of 539 million yuan in 2022; According to the company’s preliminary calculation, the credit impairment losses accrued in this reporting period decreased significantly compared with the same period of last year, which will have a positive impact on the net profit of this reporting period. (2) The company continued to promote marketing changes, driving steady revenue growth, and the scale effect was further revealed. In addition, the company plans to pay a cash dividend of about 80% in 2023.
Yisheng shares: the net profit returned to the mother in 2023 was about 541 million yuan, a year-on-year increase of 247.34%.
() The annual report was released on the evening of March 6, and the operating income in 2023 was about 3.225 billion yuan, a year-on-year increase of 52.71%; Realized a net profit of about 541 million yuan, a year-on-year increase of 247.34%; The basic earnings per share is 0.54 yuan. The Company plans to distribute a cash bonus of 2 yuan (including tax) to all shareholders for every 10 shares.
Debang Lighting: The net profit returned to the mother in 2023 was 376 million yuan, a year-on-year increase of 10.31%.
() The annual report was released on the evening of March 6, and the operating income in 2023 was about 4.697 billion yuan, a year-on-year increase of 0.86%; The net profit of returning to the mother was about 376 million yuan, a year-on-year increase of 10.31%; The basic earnings per share is about 0.79 yuan. The company plans to distribute a cash dividend of 3.33 yuan (including tax) for every 10 shares.
(): The consolidated operating income in February 2024 was about 1.761 billion yuan, a year-on-year decrease of 16.66%.
Pengding Holdings announced on the evening of March 6 that the company’s consolidated operating income in February 2024 was about 1.761 billion yuan, a decrease of 16.66% compared with the consolidated operating income in the same period last year.
(): In February 2024, the sales revenue of live pigs was 485 million yuan.
Dabeinong announced on the evening of March 6 that the total number of pigs sold by the company’s holding and shareholding companies was 326,700 in February and 961,600 in January and February. The sales revenue totaled 485 million yuan in February and 1.408 billion yuan in January and February. The average selling price of the company’s holding and shareholding companies’ commercial fat pigs in February was 13.84 yuan/kg.
Tianbang Food: In February, the sales revenue of commercial pigs was about 442 million yuan, down 30.80% from the previous month.
() On the evening of March 6th, it was announced that the company sold 401,200 commercial pigs in February 2024, with a sales income of about 442 million yuan and an average sales price of 14.53 yuan/kg, with a chain change of -42.81%, -30.80% and 10.09% respectively.
What are brokers concerned about today?
Guotai Junan
Real estate: In 2024, the task of the two sessions also proposed to improve the long-term mechanism of risk prevention and control, mainly to "increase the construction and supply of affordable housing, improve the basic system related to commercial housing, and meet the rigid housing needs of residents and diversified and improved housing needs." At present, the policy system of affordable housing at the national level is complete, and it is expected that the new model will make important support for the real estate volume in 2024. Continue to attach importance to the reorganization of class targets and small-cap value. The opportunities in 2024 mainly come from the distressed anti-transformation companies with high asset quality, pay attention to the changes of Hong Kong Stock Connect, and continue to recommend park companies and leading housing enterprises.
Citic jiantou
Industry: Recently, the 2024 Mobile World Congress (MWC 2024) was held in Barcelona, Spain, focusing on six major themes, such as Beyond 5G, Internet of Everything, Humanization of Artificial Intelligence (AI), Digital Intelligence Manufacturing, Subversion of Rules and Digital Genes. As a transitional stage between 5G and 6G, 5G-A has the advantages of wider bandwidth, wider connection and deterministic delay. At the meeting, Huawei, Ericsson and Qualcomm all launched a variety of software and hardware products of 5G-A to accelerate the commercialization of 5G-A.. In addition, we suggest that we continue to focus on the domestic and international computing power sector. AI is still the main line of current science and technology investment, and overseas AI large models and applications maintain a fast iterative speed. With the release of Sora, Gemini1.5 Pro and other large models, the multi-modal capability has been significantly enhanced, and the application scenarios have been further broadened, which will drive the investment in computing infrastructure to continue to increase. It is recommended to pay attention to optical modules, ICT equipment, data centers, liquid cooling, connectors and other sectors.