March 2020

Huafeng Spandex (002064): 120 billion merger and acquisition of Huafeng New Materials involved in polyurethane dope and adipic acid

Huafeng Spandex (002064): 120 billion merger and acquisition of Huafeng New Materials involved in polyurethane dope and adipic acid Investment Highlights: Acquire a 100% equity interest in Huafeng New Materials for a price of RMB 12 billion. The company plans to purchase 100% equity of Huafeng New Materials by issuing shares and paying cash for 12 billion yuan, of which 10.8 billion shares are issued, 1.2 billion USD is paid

AVIC Aircraft (000768) Semi-annual Report for 2019: Excluding civil aircraft companies and maintaining double-digit growth, ROE level continues to improve and the prospects are expected

AVIC Aircraft (000768) Semi-annual Report for 2019: Excluding civil aircraft companies and maintaining double-digit growth, ROE level continues to improve and the prospects are expected Matters: The company released its semi-annual report for 2019, which was included in the company’s operating income of 146. 88 ppm, a 10-year increase of 10. 67%, net profit attributable to mothers2. 24 ppm, an increase of 38 in ten years. 05%. The company’s operating

Tan Tailai (603659): Sales of Polyamide + Doped Membrane Increased, Graphite Production Capacity Released

Tan Tailai (603659): Sales of Polyamide + Doped Membrane Increased, Graphite Production Capacity Released Event: The company released the 2019 Interim Report: 1) Revenue in 2019H121. 7.7 billion, previously +58. 04%; net profit attributable to mother 2. 6.4 billion, previously +2. 62%; net profit deducted from non-attributed mothers 2. 400 million every year 8. 53%; 2) In a single quarter, 2019Q1 / Q2 revenue was 10 respectively. 2.9 billion /

Tianyi Shangjia (688033): the core target of high-speed rail brake domestic production

Tianyi Shangjia (688033): the core target of high-speed rail brake domestic production This article details the company’s development history and basic business situation. Tianyi Shangjia is the first company to break through the domestic monopoly of high-speed rail brakes and realize the localization of core components with a leading position in technology. The company’s 19/20 revenue is expected to be 6. 42/7. 3.8 billion, net profit attributable to mother is

Resumption on February 19: Elimination of differentiation and better upward main funds attack 11 shares

Resumption on February 19: Elimination of differentiation and better upward main funds attack 11 shares Isn’t the “Chun Mang” market simple? Come to Sina University of Finance and listen to China’s futures futures chief coach Sirius 50 Chen Hao talk “Technical Analysis: Follow the main force to catch bull stocks”, understand the main force to catch bull stocks from the K line.   Sina Finance News on February 19th, the three

Shandong Iron and Steel (600022): Rizhao Base, a leading steel company in Shandong, has promising development prospects

Shandong Iron and Steel (600022): Rizhao Base, a leading steel company in Shandong, has promising development prospects This report reads: Automotive appliance demand is expected to stabilize, infrastructure is expected to pick up, and steel demand remains strong. The company is a leading steel company in Shandong. The development prospects of its Rizhao base are expected, and its performance may exceed expectations. Covered for the first time, giving “overweight” rating.

Supor (002032) 2019 Interim Report Express Express Comment: Interim Report Profit Growth Meets Expectations Short-term Income Pressure Does Not Need to Be Changed Excessively

Supor (002032) 2019 Interim Report Express Express Comment: Interim Report Profit Growth Meets Expectations Short-term Income Pressure Does Not Need to Be Changed Excessively Investment points: Interim report revenue was slightly lower than expected, and profit performance was in line with expectations.The company released the 2019 interim report performance report, and achieved operating income of 98 in the first half of the year.3.6 billion, an increase of 10 years.1%, net

Tianyi Shangjia (688033) New Stock Coverage Study: Pioneer of Domesticization of Motor Vehicle Brake Pads

Tianyi Shangjia (688033) New Stock Coverage Study: Pioneer of Domesticization of Motor Vehicle Brake Pads The main focus of the company is the pioneer of localization of motor vehicle brake pads. The company is a leading supplier of powder metallurgical brake pads for EMUs in China. R & D, production and sales of powder metallurgical brake pads and locomotives for main EMUs, locomotive brake pads, and brake pads for urban

Marubeni (603983): beauty begins

Marubeni (603983): beauty begins The investment highlights for the first time covered Marumi Corporation (603983) giving an outperform industry rating with a target price of 50. 00 yuan, corresponding to 33x P / E in 2020. The reasons are as follows: the leading mid- to high-end eye care, the power of e-commerce channels, and the performance has entered a period of rapid growth. Marubeni has long-term peer profitability (benefits from

Pollya (603605) 2019 Third Quarterly Report Review: Explosions Help Boost Q3 Revenue Growth and Re-Verify Trend Capability

Pollya (603605) 2019 Third Quarterly Report Review: Explosions Help Boost Q3 Revenue Growth and Re-Verify Trend Capability 19Q1? Q3 income increased by 33. 35%, net profit increased by 32. 04%, Q3 revenue growth accelerates the company’s operating income in the first three quarters of 201920. 80 ppm, an increase of 33 in ten years. 35%, net profit attributable to mother 2. 40 ppm, an increase of 32 in ten years.