Summary

The Standing Committee of the National People's Congress considered and adopted the Action Plan for Promoting Large-scale Equipment Renewal and Consumer Goods Trade-in. The National Data Bureau and other three departments jointly studied and improved the transmission efficiency of the "East and West Counting" network. Zheng Jie, director of the National Development and Reform Commission, is in Beijing to investigate the development of artificial intelligence industry. Ministry of Housing and Urban-Rural Development: Accelerate the construction of affordable housing projects. Scientists have developed a new self-reinforced proton exchange membrane, which is expected to be used in high-performance hydrogen fuel cell vehicles. Ministry of Agriculture and Rural Affairs: Adjusted the national target for the normal number of breeding sows from 41 million to 39 million. BYD: 122300 new-energy vehicles sold in February, down 36.84. YoY.

Hotspot Focus

1. The regular meeting of the National People's Congress deliberated and approved the action plan for promoting large-scale equipment renewal and consumer goods trade-in Premier Li Qiang of the State Council presided over the executive meeting of the State Council on March 1 to consider and approve the action plan for promoting large-scale equipment renewal and consumer goods trade-in. The meeting pointed out that promoting a new round of large-scale equipment renewal and consumer goods trade-in is a major decision made by the CPC Central Committee focusing on the overall situation of China's high-quality development. In accordance with the requirements of the Party Central Committee's deployment, we must adhere to the market-oriented, government guidance, encourage the advanced, eliminate the backward, adhere to standard guidance, and orderly upgrade, pay close attention to improving the plan, carefully organize and implement it, and promote the continuous increase in the proportion of advanced production capacity, and high-quality durable consumer goods More into the lives of residents, so that this work will benefit more enterprises and consumers. It is necessary to combine the differentiated needs of various equipment and consumer goods, increase fiscal, taxation, financial and other policy support, better play the traction role of energy consumption, emissions, technology and other standards, and orderly promote key industry equipment, construction and municipal infrastructure fields The renewal and transformation of equipment, transportation equipment, old agricultural machinery, education and medical equipment, etc., actively carry out the replacement of consumer goods such as automobiles and home appliances, forming a scale effect of upgrading. It is necessary to implement a comprehensive conservation strategy, step up efforts to establish and improve the recycling system, promote the remanufacturing of waste equipment, and improve the level of resource recycling. 2. the state data bureau and other three departments have jointly studied and improved the transmission efficiency of the "east number and west calculation" network the official micro news of the state data bureau. recently, in order to thoroughly implement the decision-making and deployment of the party central Committee and the state Council, speed up the implementation of the "opinions on the in-depth implementation of the" east number and west calculation "project to speed up the construction of a national integrated computing network, the National Data Administration, in conjunction with the National Development and Reform Commission and the Ministry of Industry and Information Technology, will give full play to the network transmission efficiency of the" East Number West Calculation ", further improve the cost-effectiveness of enterprise network transmission, and listen to national hub node companies, data transmission demand companies, and telecom operators. The opinions and suggestions of the above are to study the establishment of a public transmission channel dedicated to the national hub nodes to effectively improve the transmission efficiency of the" East Number West Calculation "network. In the next step, the National Development and Reform Commission, the National Data Bureau, and the Ministry of Industry and Information Technology will guide China Telecom, China Unicom, China Mobile and other companies to strengthen innovation and exploration. In the near future, they will pilot the opening of "East and West" among some hub nodes. "Public transmission channel", explore the use of a variety of service methods, enhance the level of inclusiveness and ease of use, and effectively enhance the sense of acquisition of business entities. 3. Zheng zhajie, director of the national development and reform Commission, investigates the development of artificial intelligence industry in Beijing recently, Zheng zhajie, secretary of the party group and director of the national development and reform Commission, investigates the development of artificial intelligence industry in Beijing, communicates with research institutions and enterprises such as zhiyuan research institute, Baidu, the fourth paradigm and Baichuan intelligence, and encourages everyone to actively follow the trend of scientific and technological revolution and industrial change and strengthen technological research and technological development, expand industry empowerment applications and accelerate the high-quality development of China's artificial intelligence industry. 4. Ministry of Housing and Urban-Rural Development: Accelerate the construction of affordable housing projects The relevant person in charge of the Ministry of Housing and Urban-Rural Development recently stated that the national-level affordable housing policy system is complete, and the key is to implement it. All localities should speed up the establishment of a waiting mechanism, find out the needs of wage and income groups, determine the construction according to the needs, and effectively and orderly promote the construction of indemnificatory housing. The meeting demanded that we should pay attention to project construction, vigorously promote the start of indemnificatory housing projects, build indemnificatory housing into a "good house" in accordance with green, low-carbon, intelligent, and safe standards, and at the same time strengthen project quality and safety supervision to keep the bottom line of safety. It is necessary to grasp the introduction of policies and introduce the implementation measures and related supporting policies for the planning and construction of affordable housing as soon as possible. 5. scientists develop a new type of self-reinforced proton exchange membrane, which is expected to be used in high-performance hydrogen fuel cell vehicles DeepTech deep science and technology news. recently, the team of professor Wang Jianchuan and professor Wei zidong of Chongqing university proposed a self-reinforced strategy to prepare a proton exchange membrane composed of perfluorosulfonic acid nanofiber self-reinforced matrix. The proton conductivity of such proton exchange membranes can be as high as 1.1 S/cm, far exceeding that of other commercial proton exchange membranes. The proton exchange membrane has the characteristics of high mechanical strength and low swelling rate, and is excellent in hydrogen fuel cells, and is expected to be applied in high-performance hydrogen fuel cell vehicles. 6. Ministry of Agriculture and Rural Affairs: Adjust the national target of normal number of breeding sows from 41 million to 39 million In order to better adapt to the new situation and requirements of stable production and supply of live pigs, the Ministry of Agriculture and Rural Affairs recently issued the "Implementation Plan for Regulation and Control of Live Pig Production Capacity (Revised in 2024)". On the basis of adhering to the current working ideas, overall requirements and the task of "three grasps and two guarantees", the revision of the "plan" will adjust the national target of normal sows from 41 million to 39 million, and the lower limit of normal fluctuation (green area) of sows will be adjusted from 95% to 92%. At the same time, the "Plan" optimized the implementation of local pig production and supply responsibilities, strengthened key measures such as guiding production and market expectations, and improved monitoring and early warning, production capacity regulation and other safeguard measures. In the next step, the Ministry of Agriculture and Rural Affairs will closely follow the implementation of the Plan, guide local governments to continue to strengthen monitoring and early warning guidance, stabilize long-term support policies such as land use, finance, and environmental protection, and do a good job in the normalized prevention and control of major animal diseases such as African swine fever. Promote stable pig production and market supply.

Theme Opportunity

1. Shenzhen has issued an "action plan" to support the development of Hongmeng's native application, and industrial chain companies hope to benefit according to the "Shenzhen Gongxin" public number, Shenzhen Gongxin Bureau and other departments have jointly issued the "Shenzhen 2024 action plan to support the development of Hongmeng's native application". The Action Plan will strengthen the supply capacity of Hongmeng native application, promote the agglomeration of Hongmeng native application industry, and improve the ecology of Hongmeng native application industry. The Action Plan puts forward the specific goal of Shenzhen in the development of Hongmeng native applications by the end of 2024, and the number of Hongmeng native applications in Shenzhen will account for more than 10% of the country's total by 2024. Shenzhen's main vertical areas will achieve full coverage of Hongmeng native applications and continue to expand the international influence of Hongmeng native applications. Over the past three years since the development of open source Hongmeng, the version has been iterated to 4.1 Beta1, with more than 6700 co-sponsors, 70 co-sponsors and more than 0.1 billion lines of code. It is worth noting that Huawei's HarmonyOS NEXT Hongmeng Xinghe Edition is expected to land this autumn. The system will remove Android's underlying code and only support the application of Hongmeng kernel and Hongmeng system. This will attract more manufacturers to join the original ecology of Hongmeng. In the future, the application of Hongmeng system in various fields will be more extensive, and it is expected to become the interconnection base of the next generation of intelligent terminals. Related concept companies have Netda software, Coran software and so on. 2. the three departments jointly deployed to improve the transmission efficiency of the "east-west calculation" network the national data bureau and other three departments recently listened to the opinions and suggestions of the national hub node enterprises, data transmission demand enterprises and telecom operators, and studied the establishment of a public transmission channel dedicated to the national hub nodes to effectively improve the transmission efficiency of the "east-west calculation" network. In the next step, the three departments will guide telecom operators to strengthen innovation and exploration. In the near future, they will pilot the opening of "public transmission channels" of "East and West" among some hub nodes ". Guolian Securities believes that the computing network is the key infrastructure to support the high-quality development of the digital economy, and the provincial/metro optical transmission network and computing network of the three major operators are expected to accelerate technological upgrading, add high-quality links and expand the scale of expansion. Overlay AI application innovation, servers, switches, optical modules and other core computing power-based hardware long-term demand will increase. Related concept companies have Decolli, Fiberhome Communications and so on. 3. Intel FPGA department operates independently, and AI-driven FPGA chips are expected to usher in development opportunities it is reported that Intel recently held an FPGA Vision online seminar and announced the restart of Altera's name, making it a new and independent FPGA company. Altera was once the world's second largest FPGA manufacturer. After returning to the market as an independent operation, Altera will further enrich the company's product portfolio by building FPGA with integrated AI functions to cope with the market opportunity of FPGA expected to reach 55 billion US dollars. FPGA is the core computing chip of data center and cloud computing, and there are good application scenarios in edge computing and cloud, which can improve the efficiency of algorithm operation. At the same time, the power consumption is also better than the GPU. As the amount of data to be processed by systems such as data centers and high-performance computing continues to rise, the demand for FPGAs will grow significantly. Gartner predicts that the global FPGA2025 market size is expected to reach $12.5 billion a year, and AI will be one of the major downstream markets. At present, the domestic FPGA is still in the early stages of development, with the rapid outbreak of the AI industry and the new changes in the industry driven, domestic companies in related fields are looking forward to the development opportunities. Related concept companies have Jie Cheng intelligence, Anlu technology and so on.

Company News

1. BYD: sales of 122300 new energy vehicles in February decreased by 36.84 year on year BYD (002594) announced on the evening of March 1 that sales of 122300 new energy vehicles in February decreased by 36.84 year on year. This year, the total sales volume of new energy vehicles was 323800, down 6.14 from the same period last year. In February, the total installed capacity of new energy vehicle power batteries and energy storage batteries was about 6.665GWh. 2. silisi: sales of 30300 new energy vehicles in February increased by 360.04 year on year silisi (601127) announced on the evening of March 1 that sales of 30300 new energy vehicles in February 2024 increased by 360.04 year on year. 3. mingde biology: plans to repurchase shares from 0.175 billion yuan to 0.35 billion yuan mingde biology (002932) announced on the evening of March 1 that the company plans to repurchase shares from 0.175 billion yuan to 0.35 billion yuan for employee stock ownership plan or equity incentive, maintenance of company value and shareholders' rights and interests, and the repurchase price shall not exceed 23 yuan/share. 4. Fosun Pharmaceutical: Chairman of the Board proposed to buy back the company's shares at 0.1 billion yuan to 0.2 billion yuan Fosun Pharmaceutical (600196) announced on the evening of March 1 that Chairman Wu Yifang proposed to buy back the company's shares at 0.1 billion yuan to 0.2 billion yuan for the company's subsequent implementation of equity incentive plan and employee stock ownership plan, with the repurchase price not exceeding 30 yuan/share. 5. tuojing technology: plans to buy back the company's shares from 0.12 billion yuan to 0.197 billion yuan tuojing technology (688072) announced on the evening of March 1 that the company plans to buy back shares from 0.12 billion yuan to 0.197 billion yuan for equity incentive or employee stock ownership plan, and the repurchase price shall not exceed 270 yuan/share (inclusive). 6. saito biology: plans to acquire 60% shares of yinggu pharmaceutical for 0.458 billion yuan saito biology (300583) announced on the evening of March 1 that the company plans to acquire yingu system, a class 1 innovative drug with independent intellectual property rights, at a price of 0.458 billion yuanPharmaceutical Co., Ltd. (referred to as "Silver Valley Pharmaceutical") 60% of the shares, to further improve the company's industrial chain layout, to help the company complete industrial upgrading. 7. Yankuang Energy: It plans to acquire 52.66 equity of SMT Scharf AG for about 32.1695 million euros Yankuang Energy (600188) announced on the evening of March 1 that the company plans to acquire 52.66 equity of SMT Scharf AG (hereinafter referred to as "the target company") in cash, and the actual transfer price paid by the company is about 32.1695 million euros. The target company is a manufacturer of underground monorail crane auxiliary transportation equipment registered in Germany, and the acquisition of the target company is conducive to the strategic extension of the mining equipment segment, which makes the company have its own industrial chain of manufacturing underground mining and auxiliary transportation equipment. 8. sinoma international: wholly-owned subsidiary signed an EPC contract of US $0.271 billion sinoma international (600970) announced on the evening of March 1 that Chengdu building materials industry design and research institute co., ltd., wholly-owned subsidiary of the company, and Saudi oriental cement company (hereinafter referred to as "the owner") signed an EPC contract of 10000 tons of clinker cement production line of Saudi oriental cement company line 5 with a contract amount of US $0.271 billion. The project is located in the Khursaniyah area of eastern Saudi Arabia. The contract is to expand a clinker production line with a daily output of 10000 tons and a supporting cement grinding station with an annual output of 1.6 million tons in the factory area of the owner's existing factory. 9. Zhenyou Science and Technology: Signing a US $0.112 billion Purchase and Sale Contract for Satellite Communication Projects Zhenyou Science and Technology (688418) announced on the evening of March 1 that the company recently received a purchase and sale contract for a satellite communication project in a country signed by the company as a participant and a customer in Beijing, with a total contract price of US $0.112 billion (excluding tax). 10, zhongju hi-tech: the production standards, quality and financial subsidies of soy sauce and oyster sauce products involved in relevant reports are not true zhongju hi-tech (600872) announced on the evening of March 1. recently, the company noticed that some media published on the internet false reports that subsidiaries Guangdong meiweixian seasoning food co., ltd. and Guangdong chubang food co., ltd. were reported by real names, in order to avoid misleading relevant information to investors, the company now clarifies as follows: The company produces 11 major categories and more than 100 series of condiments. It has always attached great importance to food safety and quality, and its products are deeply loved by consumers. The production standards, quality and financial subsidies of soy sauce and oyster sauce products involved in the report are all false reports without factual basis. All production and operation of the company are legal and compliant, and the products produced strictly abide by the relevant provisions of the state on food safety management. The company will continue to strive to provide consumers with healthy, assured, quality assurance products. Editor: Zhang Qian Yao proofreading: Yang Lilin