news

summary

national development and reform commission: increase macro-control efforts and introduce incremental policies at the right time;

ministry of transport and other departments: organize and carry out the cultivation of leading enterprises in power lithium battery transportation;

the shanghai, shenzhen and beijing stock exchanges announced the national day holiday arrangements;

the mandatory national standard for electric bicycles has been revised again: the maximum design speed should not exceed 25km/h;

beijing: by 2029, the added value of the tourism industry will account for more than 5% of the city's gdp; the bank of england announced that it will maintain the benchmark interest rate at 5%.

hot spots

national development and reform commission: increase macro-control efforts and introduce incremental policies in a timely manner

on september 19, the national development and reform commission held a press conference for september. at the meeting, jin xiandong, director of the policy research office and spokesperson of the national development and reform commission, said that it is necessary to increase macroeconomic regulation, strengthen policy pre-research and reserve, and timely launch a batch of incremental policy measures that are highly operational, effective, and accessible to the public and enterprises. "as macroeconomic policies continue to be effective and reform measures continue to be implemented, positive factors and favorable conditions in economic operations are also accumulating. we have the conditions, ability, and confidence to achieve the goals and tasks of economic and social development throughout the year." jin xiandong emphasized. increasing macroeconomic regulation is one of the key directions for the next round of efforts. jin xiandong pointed out that in the future, macroeconomic policies will be moderately strengthened and more precise, and counter-cyclical adjustments will be strengthened.

ministry of transport and other departments: organize and carry out the cultivation of leading enterprises in power lithium battery transportation

the ministry of transport and other departments issued the "several measures on accelerating the improvement of transportation services and safety assurance capabilities for power lithium batteries for new energy vehicles". it proposed to cultivate leading companies in the transportation of power lithium batteries. organize and carry out the cultivation of leading companies in the transportation of power lithium batteries, support transportation companies to benchmark against the world's best, actively expand international supply chain services for power lithium batteries, integrate overseas transportation, warehousing and other logistics resources, and enhance the international supply chain service assurance capabilities for power lithium batteries. support the efficient connection and deep integration of transportation logistics and power lithium battery manufacturers, and promote the integrated development of logistics chain and supply chain.

shanghai, shenzhen and beijing stock exchanges announce national day holiday arrangements

on the evening of september 19, the shanghai, shenzhen and beijing stock exchanges announced the 2024 national day holiday arrangement. according to the arrangement, the market will be closed from october 1 (tuesday) to october 7 (monday), and will open as usual from october 8 (tuesday). in addition, september 29 (sunday) and october 12 (saturday) will be weekend holidays. relevant liquidation matters will be carried out according to the arrangements of china securities depository and clearing co., ltd.

the mandatory national standard for electric bicycles has been revised again: the maximum design speed should not exceed 25km/h

the ministry of industry and information technology, together with the ministry of public security, the ministry of emergency management and other departments, publicly solicited opinions on the latest revised "electric bicycle safety technical specifications". the "new national standard" has made some improvements and upgrades. in order to ensure riding safety, the test methods for the rated power and maximum speed of the motor have been optimized, the maximum design speed does not exceed 25km/h, and beidou positioning and real-time communication functions have been added. the newly revised standard aims to improve the safety level of electric bicycle products, promote the standardized development of the industry, and protect the lives and property of the people. by optimizing the technical indicators of electric bicycles such as fire retardancy and plastic weight ratio, the risk of fire accidents can be reduced; illegal tampering can be reduced, and traffic accidents caused by speeding can be reduced; dynamic safety monitoring can improve vehicle safety; and the cruising range can be increased to facilitate consumer use.

guangdong: a one-time subsidy of 500 yuan will be provided for the replacement of old electric bicycles with new ones, with the goal of replacing 400,000 new ones

on september 19, the guangdong electric vehicle chamber of commerce held a training session on the interpretation of the guangdong province electric bicycle "trade-in" policy. the implementation date of the guangdong province electric bicycle "trade-in" policy is from september 1 to december 31, 2024. participating consumers scrapped old electric bicycles (including batteries) that have been registered and licensed in guangdong province, and purchased qualified new vehicles that meet relevant requirements and the price of the new vehicle is 1,500 yuan or more, and a one-time subsidy of 500 yuan. previously, the "implementation plan on making good use of ultra-long-term special treasury bond funds to support the trade-in of consumer goods" issued by the general office of the guangdong provincial people's government also proposed the province's electric bicycle "trade-in" work goals: the province (excluding shenzhen) strives to achieve 400,000 electric bicycles for trade-in.

the bank of england announced that it would keep its base rate at 5%.

on september 19, local time, the bank of england, the central bank of the united kingdom, announced that it would maintain the base interest rate at 5%. on august 1, the bank of england lowered the base interest rate from 5.25% to 5%. previously, due to high inflation in the uk, the bank of england had raised interest rates several times to control the price level.

hefei: a joint investigation team is set up to investigate issues related to three sheep network technology co., ltd.

the hefei municipal market supervision administration announced on september 19 that in response to recent issues involving three sheep network technology co., ltd. reflected on the internet, the hefei municipal market supervision administration has established a joint investigation team with the bureau of commerce, public security bureau and other departments to investigate and handle the matter in accordance with the law and regulations, and resolutely safeguard the legitimate rights and interests of consumers.

beijing: by 2029, the added value of the tourism industry will account for more than 5% of the city's gdp

the "beijing implementation opinions on promoting high-quality development of the tourism industry (draft for comments)" is open for public comments. it mentions that by 2029, the added value of the tourism industry will account for more than 5% of the city's gdp, tourism commodity consumption will account for 22% of the city's social retail sales, the annual total tourism revenue will exceed 840 billion yuan, the total number of tourists will reach 380 million, and the number of inbound tourists will reach 5.2 million. beijing will become a world-class tourist city and a global tourist destination. in addition, it is planned to continue to optimize tourism industry policies. make good use of various government funds such as the central budget, special bonds, ultra-long-term treasury bonds, and the city's fixed asset investment, as well as infrastructure real estate investment trusts (reits) to support the construction of key infrastructure projects such as 5a and 4a tourist attractions.

theme opportunities

the national standard for electric bicycles is being revised, and the safety level and mileage will be improved

on september 19, the ministry of industry and information technology, together with the ministry of public security, the ministry of emergency management and other departments, publicly solicited opinions on the latest revised "electric bicycle safety technical specifications". compared with the current standards, the fire retardant performance has been improved, the flame retardant requirements of non-metallic materials used in electric bicycles have been improved, the proportion of plastic parts used has been restricted, and the weight limit of the whole vehicle using lead-acid batteries has been relaxed from 55kg to 63kg. the revised standards will improve the safety level of electric bicycle products, increase the mileage, and facilitate consumer use. recently, many places across the country have promoted the replacement of old electric bicycles with new ones. huabao securities believes that the replacement of consumer goods with new ones is an effective means for the government to promote consumption and develop the economy. the inclusion of electric bicycles in the category of replacement for old ones for the first time shows that the importance of this industry has been significantly improved at the government level.

the world intelligent connected vehicle conference is about to be held, and fully autonomous driving is attracting much attention

the 2024 world intelligent connected vehicle conference will be held. it is expected that more than 250 well-known domestic and foreign vehicle and core parts companies and institutions will participate in this exhibition, and there will be more than 200 exhibitors, forward-looking technologies and innovative products. it is also reported that tesla will hold the robotaxialevent on october 10, when it will release the latest fully automatic driving (fsd) technology. southwest securities believes that from the technical difficulty of realizing l4 level autonomous driving, robotaxi is the most difficult and suitable for passenger cars in complex environments. robotaxi has the advantages of significantly improving traffic safety, lower steady-state prices, and better user experience. both china and the united states have successfully carried out small-scale commercial operations without driver safety officers and have begun commercial development.

meta's first ar glasses prototype will be released next week and is expected to lead the accelerated development of the ai ​​glasses industry

according to reports, the meta connect 2024 conference will be held from september 25 to 26. mark zuckerberg will share meta's vision for artificial intelligence and the metaverse. the keynote speech will focus on the release of meta's new generation of products, especially the highly anticipated meta quest 3s and a mature ar glasses prototype. meta's first ar glasses prototype project orion is highly anticipated. the product is expected to bring a true visual augmented reality experience and will bring a new development direction to the ar field. analysis points out that with the rapid development of multimodal ai, ar glasses enabled by ai can not only greatly enhance the interactive capabilities, making them more intelligent and humane, but also expand the application scenarios of ar glasses. smart glasses are becoming an important form of ai hardware landing. ai+ar glasses may be the next development trend of the industry, and industry giants are actively deploying. as the absolute leader in the xr field, meta is also actively deploying in the ai+ar field. with the release of its first smart ar glasses and other blockbuster new products, it will lead the accelerated development of the ai+ar glasses industry.

company news

baobian electric's 8-day 12-day rally warns: there may be a risk of stock price speculation

baobian electric (600550), which has been on the board for 8 times in 12 days, issued a stock trading abnormality announcement on the evening of september 19, saying that the company's controlling shareholder, china north industries group corporation, is integrating the power transmission and transformation equipment business with china electric equipment. this integration may lead to a change in the company's controlling shareholder. the integration is still in the planning stage, and the relevant plan still needs to go through the internal decision-making process and obtain approval from the relevant competent authorities. the company's stock has risen sharply in the short term, the turnover rate has fluctuated greatly, and the price-to-book ratio is high, which may pose a risk of stock price speculation.

zoomlion heavy industry science & technology co., ltd.: termination of spin-off of subsidiary zoomlion heavy machinery co., ltd. and reorganization and listing

zoomlion heavy industry science & technology co., ltd. (000157) announced on the evening of september 19 that the company decided to terminate the spin-off of its subsidiary hunan zoomlion intelligent aerial work machinery co., ltd. (hereinafter referred to as "zoomlion aerial work machinery") through the reorganization with shenzhen luchang technology co., ltd. to achieve listing-related matters. in view of the significant changes in the current market environment compared to the initial planning of this spin-off, in order to effectively safeguard the interests of the company and investors, after full consideration and careful discussion with relevant parties, the company decided to terminate the spin-off-related matters.

chengbang shares: intends to acquire no less than 51% of the equity of xincun technology for no more than 58 million yuan

chengbang co., ltd. (603316) announced on the evening of september 19 that the company intends to increase capital by no more than 58 million yuan in cash to acquire no less than 51% of the equity of dongguan xincun electronic technology co., ltd. (hereinafter referred to as "xincun technology"). after the completion of this transaction, the company expects to realize the financial consolidation of xincun technology. xincun technology is a high-tech enterprise specializing in the research and development, production and sales of storage module products. while developing the original ecological environment construction business, the company also hopes to acquire 51% of xincun technology's equity through this capital increase, develop new quality productivity, and obtain new profit growth points.

jinghua micro: plans to acquire control of shenzhen xinbang zhixin microelectronics co., ltd.

jinghua microelectronics (688130) announced on the evening of september 19 that it had signed a letter of intent with shenzhen xinbang technology co., ltd. (hereinafter referred to as "xinbang technology"). the company intends to purchase 60% to 70% of the shares of shenzhen xinbang zhixin microelectronics co., ltd., a wholly-owned subsidiary of xinbang technology, which will hold the assets of the smart home appliance control chip business, and obtain control with no more than 140 million yuan in cash. based on the synergy between the company and xinbang technology's smart home appliance control chip business, this share acquisition will help the company expand its product series, expand downstream areas, and integrate supply chain resources.

autewei: wholly-owned subsidiary signed a sales contract of approximately rmb 400 million

autevi (688516) announced on the evening of september 19 that its wholly-owned subsidiary wuxi autevi supply chain management co., ltd. ("supply chain company") recently signed a sales contract with an internationally renowned photovoltaic company. the supply chain company sold single crystal furnaces and supporting auxiliary equipment to the company, with a total sales of approximately rmb 400 million (including tax). as the average acceptance period for the company's products is 6-9 months, the performance of the contract will have a positive impact on the company's operating performance in 2025.

xinhua winshare: signed a government procurement contract for textbooks worth about 1.256 billion yuan

xinhua wenxuan (601811) announced on the evening of september 19 that the company recently signed the "government procurement contract for free textbooks for compulsory education students in sichuan province in the 2024-2025 school year" with the sichuan provincial student aid management center, a public institution directly under the sichuan provincial department of education. the sichuan provincial student aid management center will purchase free textbooks for national and provincial courses for students in the compulsory education stage in sichuan province in the 2024-2025 school year from the company in a single-source procurement manner. the total contract amount is approximately 1.256 billion yuan, which is an estimated price. the specific amount will be subject to actual order settlement. the company continues to be the sole source supplier of textbooks for students in the compulsory education stage in sichuan province in the 2024-2025 school year.

sanmei shares: plans to invest 1.57 billion yuan to build a project to improve the layout of the fluorine chemical industry

sanmei co., ltd. (603379) announced on the evening of september 19 that in order to improve the layout of the fluorine chemical industry and enrich the existing product structure, the company plans to invest in "90,000 tons/year epichlorohydrin (ech), 10,000 tons/year tetrafluoropropylene (hfo-1234yf), and 20,000 tons/year polyvinylidene fluoride (pvdf) construction projects". the total investment of the project is expected to be 1.57 billion yuan.

huahai qingke: 12-inch ultra-precision wafer thinning machine completes first verification

huahai qingke (688120) announced on the evening of september 19 that the company's 12-inch ultra-precision wafer thinning machine versatile-gp300 recently completed the first verification work. the acceptance of this machine indicates that the performance of the 12-inch ultra-precision wafer thinning machine has been recognized by customers and meets customers' mass production needs.

qicai chemical: the trial production of the 5,000-ton mxd6 project is going smoothly

qicai chemical (300758) announced on the evening of september 19 that the trial production of the 5,000-ton mxd6 project invested and constructed by the company went smoothly, and the whole process of the project equipment has been opened. as a high-performance engineering plastic, mxd6 products have the characteristics of high strength, high rigidity, high temperature resistance, wear resistance and aging resistance, chemical resistance, flame retardancy, high barrier performance, etc., and are mainly used in lightweight and barrier packaging materials for automobiles and drones; it has been verified by well-known manufacturers in the beverage packaging field, and customers in europe, japan, thailand, south korea and other countries are also verifying it.

rhine bio: net profit in the first three quarters is expected to increase by 100%-150% year-on-year

laiyin bio (002166) disclosed its performance forecast on the evening of september 19, predicting that the net profit in the first three quarters of 2024 will be 81.8014 million yuan to 102 million yuan, a year-on-year increase of 100% to 150%; the net profit in the third quarter will be 16.9083 million yuan to 37.3587 million yuan, a year-on-year increase of 259.43% to 694.15%. during the reporting period, the company's operating capacity and the profitability of its main business have been significantly improved.

fengle seed industry: annual revenue of seed industry in 2023-2024 will increase by 28.64% year-on-year

fengle seeds (000713) disclosed the company's 2023-2024 seed business operating results on the evening of september 19. the company's seed business is from august 1 of the previous year to july 31 of the following year as a business year. from august 1, 2023 to july 31, 2024, the company's total operating income from seed business was 851 million yuan, a year-on-year increase of 28.64%; the total sales volume was 66.4793 million kilograms, a year-on-year increase of 10.31%. the company's seed industry variety structure continues to improve, the sales proportion of new varieties has gradually increased, and the seed industry has entered a healthy development track.