The most timely and effective, neutral and objective financial announcements and public messages interpretation of the Songta Finance .
1, Zengtong Electronics
The company responded to the suspension will be in Shaanxi further layout "East counts West counts".
Overview
Pinetree Finance was informed that on February 22nd, the company responded to the media by saying that the company in the "east counts west counts" shaoguan data center cluster no IDC project. The share price fluctuations may be affected by policy factors, the market is hot, "At present we are in Shenzhen, Guangzhou, Dongguan, Changsha and other places in the layout of the 7 data centers, IDC for the company's main business, accounting for about fifty to sixty percent. The company's project is already going west, bidding for 1 building in Shaanxi, the future will be based on the order to further do the planning, building machine rooms, on the cabinet or server, etc.".
In the last 2 trading days, Zhentong Electronics two consecutive boards.
Kip
IDC that is, Internet Data Center, refers to the possession of perfect equipment (including high-speed Internet access bandwidth, high-performance local area network, safe and reliable server room environment, etc.), specialized management, and perfect application service platform.
Interpretation
"East counts west counts" recently stood on the wind mouth, since February 18, wind "east counts west counts index" rose up to 20.45 %. The main business of the witness through the electronics IDC, is the "east counts west counts" concept stock. Zenitronics is located in Shenzhen, located in Guangdong, Hong Kong and Macao Bay Area, Hong Kong and Macao Bay Area is the "East counts West counts" planning of the national arithmetic hub node. The company's response to the "company's project has been going west" indicates that the company is in line with the strategic requirements of the "east counting west counting".
According to the National Development and Reform Commission Division of High Technology, China's data centers are mostly distributed in the eastern region, due to land, energy and other resources are becoming increasingly tense, large-scale development of data centers in the east is unsustainable. And China's western region is rich in resources, especially renewable energy, with the development of data centers, to undertake the potential of the eastern arithmetic demand.
The "Shaoguan data center cluster" mentioned in the company's response is one of the national data center clusters in the East and West Computing Plan. A few days ago, the National Development and Reform Commission issued a document jointly with a number of departments, agreeing to start the construction of national computing hub nodes in Beijing, Tianjin, Hebei, the Yangtze River Delta, Guangdong, Hong Kong and Macao Bay Area, Chengdu-Chongqing, Inner Mongolia, Guizhou, Gansu, Ningxia and other 8 places, while planning to set up 10 national data center clusters.
The 10 national data center clusters include:
Beijing-Tianjin-Hebei (1): Zhangjiakou data center cluster;
Yangtze River Delta (2): Yangtze River Delta Eco-Green Integrated Development Demonstration Zone data center cluster, Wuhu data center cluster.
Greater Bay Area (1): Shaoguan cluster.
Chengdu-Chongqing (2): Tianfu Data Center Cluster, Chongqing Data Center Cluster.
Guizhou (1): Guian cluster.
Inner Mongolia (1): Helinger Cluster.
Gansu (1): Qingyang cluster.
Ningxia (1): Zhongwei cluster.
Recent Performance of Related Enterprises
Zantong Electronics is expected to realize net profit of 36.3334 million yuan to 45.4168 million yuan in 2021, an increase of 100% to 150% over the same period last year.
2, Huayang International
assembled building on the wind mouth, the company has recently been recommended by four brokers.
Overview
Pine Tower Finance was informed that after the Spring Festival, the "assembly building" on the wind mouth, February 7 to February 22, Tongdaxin "assembly construction
Since mid-February, many stocks have been recommended by brokers. Including China Construction, Guanglianda, Huayang International and so on. Among them, Huayang International was recommended by four brokers. Data show that from February 18 to February 22, Huayang International interval maximum increase of 18.45%.
Science
Assembly building refers to the traditional construction method of a large number of on-site work transferred to the factory, in the factory processing and production of building components and accessories (such as floor, wall panels, stairs, balconies, etc.), transported to the construction site, through a reliable connection in the on-site assembly installed The building is assembled and installed on site by means of reliable connections.
Vigorously developing assembly construction can solve the problem of "pollution in the construction industry and the shortage of construction workers".
Currently, assembly buildings are mostly used for government-invested subsidized housing and public **** building.
Interpretation
Combing through the brokerage firms research report, you can find that the brokerage firms believe that Huayang International for the assembly of building design leader, R & D results, technology and representative project volume scale ranked in the forefront of the industry, the assembly plate scale of operation to rapidly expand the order of the high increase in the future of the guaranteed housing project order to contract. Comprehensive advantage is significant. The future is expected to continue to benefit from the protection of housing and assembly building high boom.
Previously, Huayang International Design Group Vice President Long Yufeng said, according to the company in Beijing, Shanghai, Shenzhen and other places to conduct industry research to understand the existing assembled building in most of the government investment in protected housing and public **** building.
Axiom Securities believes that the Ministry of Housing and Construction put forward the "14th Five-Year Plan" period, the new guaranteed rental housing accounted for the proportion of the total supply of new housing should strive to reach more than 30%, the "14th Five-Year Plan" public **** service planning clearly "Fourteenth Five-Year" period, 40 key cities initially planned to add 6.5 million sets (rooms).
Anxin Securities said that the application of assembly building technology in the protection of housing in the policy and technology have favorable conditions, the rapid advancement of the construction of housing will help the development of assembly building industry.
Recently, the assembly building is hot, the plate of cattle stocks frequently, "the first demon of the year of the tiger" Zhejiang Construction Investment is also from the assembly building of this popular concept, the last 11 days to achieve 10 stops, become the strongest demon stock of the year of the tiger in the two cities. Public information shows that Zhejiang Construction Investment is the first batch of national assembly building industry base, now has 16 building industrialization professional production base, can provide assembly building design, component production, assembly building construction and other integrated whole industry chain services.
Related Business Performance Update
In the third quarter of 2021, Huayang International's single-quarter revenue was 785 million yuan, a year-on-year increase of 45.71%; single-quarter net profit of 76,121,100 yuan, a year-on-year increase of 7.83%.
3, Spring Airlines
The company intends to 50 million yuan - 100 million yuan to buy back shares.
Overview
Sontag Finance was informed that on February 22, Spring Airlines (601021.SH) intends to use its own funds to repurchase the company's shares in the form of centralized bidding transactions, with a total amount of repurchase funds of not less than CNY 50 million and not more than CNY 10, 000 million. 10 million yuan, the repurchase price does not exceed RMB 58 yuan / share. The method of repurchase is centralized bidding transaction, and the use of repurchased shares is intended to be fully used for the implementation of the company's employee shareholding plan. The repurchase period will not exceed 2 months from the date of the Board of Directors' consideration and approval of the repurchase program.
Science
Stock repurchase is often regarded as a price stabilization measure, referring to the use of cash and other means by listed companies, from the stock market to buy back a certain amount of shares of their own company has been issued outside. Generally speaking, the buyback can be canceled or used to implement employee stock ownership plans or equity incentive plans. The former is more friendly to small and medium-sized investors.
Centralized bidding includes two forms of pooled bidding and continuous bidding, which can be understood as similar to the way the average investor trades.
Interpretation
The repurchase program is biased in favor. As of the close of business on February 22, Spring Airlines reported 55.24 yuan / share, Spring Airlines repurchase price of not more than 58 yuan / share, higher than the current price, the company has a certain degree of sincerity. However, the repurchase number is low, the repurchase on line is only about 0.19% of the company's total share capital, and after the repurchase of all for the employee stock ownership plan, the final total number of shares will not be reduced, that is, in the case of the company's net attributable profit remains unchanged, and ultimately the investor's earnings per share may not increase.
Buybacks often imply a price stabilization measure, and from the beginning of 2021 to the present, Spring Airlines shares fell 19.78%.
Previously, Spring Airlines is expected to realize a "slight profit" in 2021, but if you deduct the financial subsidies and other "non-recurring gains and losses", Spring Airlines net profit of 0.7 billion yuan to 130 million yuan loss.
According to Songta Finance understand, in a few profitable airline companies, Spring Airlines and Jiuyuan Airline's low-cost positioning, the advantages of the epidemic highlighted. It mainly involves financial support, tax relief, financial credit, etc. Local governments have also increased their support in terms of operating subsidies and route subsidies.
2021, is a year of general civil aviation losses. CAAC Comprehensive Department of the latest release of the "2021 civil aviation profitability of the business situation of the research report" shows that in 2021, China's civil aviation annual industry losses amounted to 84.3 billion yuan.
IATA predicts that flight traffic in 2022 will reach 93% of pre-epidemic levels, and is expected to reach 3.4 billion passengers, only equal to 2014 levels.
Anxin Transportation believes that the worst period of the epidemic is basically over, and with the strengthening of needle inoculation, special drugs to promote, the suppressed travel demand will gradually recover. Civil aviation fare market-oriented reform to open the price increase elastic space. Supply and demand certainty inflection point superimposed on the upward movement of fares, aviation is expected to usher in a round of growth cycle.
Related Company Performance Update
The company expects that the annual net profit attributable to shareholders of listed companies in 2021 will be 35 million yuan to 52 million yuan;
The company expects that the annual net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses in 2021 will be -13 million yuan to -12 million yuan;
The company expects that the annual net profit after deducting non-recurring gains and losses in 2021 will be -13 million yuan to -13 million yuan. 13,000,000 yuan to -70,000,000 yuan.
4. Jimin Medical
The company's performance report: net profit in 2021 increased by 2205% year-on-year.
Overview
Pine Tower Finance has learned that Jimin Medical (603222.SH) announced on February 22, 2021 to achieve a total operating income of 1.107 billion yuan, a year-on-year increase of 26.14%; attributable to shareholders of the listed company's net profit of 147 million yuan. Year-on-year growth of 2205.39%. Net profit attributable to shareholders of listed companies after extraordinary gains and losses of 111 million yuan, an increase of 393.82% over the same period of the previous year; ownership interest attributable to shareholders of listed companies of 1.238 billion yuan, an increase of 43.21% over the end of the previous year.
Science and Technology
Jumin Medical's main business includes three major business segments, namely, I.V. infusion, medical devices and medical services. The wholly-owned subsidiary, Jumin Bio, is an OEM manufacturer of safety injection needles and safety syringe products from RTI in the United States.
Interpretation
The company's net profit jumped 2205% is mainly due to the low base of net profit in 2020, and last year's low base was due to the existence of "non-recurring gains and losses".
In 2020, the company's net profit of only 6.3972 million yuan, mainly subsidiaries, Ezhou two hospitals accrued litigation losses, Yuncheng new friendship hospital goodwill impairment and fair value changes in losses, receivables Zhao voters equity repurchase payments accrued credit losses due to the three total non-recurring gains and losses -70.61 million yuan.
Simply put, in 2020, the company suffered a lawsuit, goodwill impairment, equity repurchase accrued credit losses and other matters, net profit directly reduced by 70 million, so this year, as long as the normal operation, the net profit will be a big year-on-year increase.
2021 the company's net profit of 147 million yuan, although the accrual of Shao Pin equity repurchase and Ezhou two hospitals goodwill impairment, the recognition of the loss of fair value changes in trading financial assets, but also the disposal of Yuncheng New Friendship Hospital recognized investment income, and offset Ezhou two hospitals in advance of some of the litigation losses, offset each other after the non-recurring gains and losses of 14.48 million yuan.
The company introduced, 2021 annual results of significant growth is mainly due to a larger increase in the safety injector business. Wholly-owned subsidiary Jumin Bio as the U.S. RTI company's safety injection needle and safety syringe products OEM manufacturers, safety syringes annual sales of about 600 million, to achieve a net profit of 152 million yuan, an increase of 193.31% over the same period last year.
It is reported that most of Jimin Medical's safety syringe products are exported, and it is the only company in China that has been authorized by the U.S. company RTI to manufacture and sell the products in China. At the end of last year, four new production lines have been put into production, and the current production capacity has been increased to 70 million units / month. Upon inquiry, the unit price of syringes is only 0.6 yuan/each, and the revenue from syringes is only 42 million yuan/month in the case of full production every month.
February 18, an investor in the interactive platform to Jimin Medical question, the company has no intention to continue to expand production this year? Domestic sales?
Jimin Medical replied, the company is currently in full production and full sales state, will be a combination of factors to determine the further expansion of production plans. 2021 has started the domestic market promotion and sales.
Related companies performance recent
Jiemin Medical 2021 three-quarterly report operating income of 3.207 billion yuan, an increase of 56.15%; attributable to shareholders of the parent company's net profit of 376.3 million yuan, an increase of 66.35%.
5, Jiangxi Copper
The company's controlling subsidiary, Jiangtong Copper Foil, is proposed to be spun off.
Overview
Pine Tower Finance was informed that on February 22, Jiangxi Copper (600362.SH) announced that the Board of Directors agreed to plan for the spin-off of its subsidiary, Jiang Copper Copper Foil.
Jiang copper copper foil is mainly engaged in various types of high-performance electrolytic copper foil research and development, production and sales, the main products according to the application areas including electronic circuit copper foil and lithium copper foil.
Science
Copper foil is one of the auxiliary materials for the production of lithium battery anode materials.
Interpretation
Copper foil high boom at the time, Jiangxi Copper planning to hold a subsidiary of Jiangcu Copper Foil listed, is a major benefit. However, it should be noted that around 2023, copper foil may have excess capacity.
Public information shows that in January this year, Jiang Copper Copper Foil successfully completed the capital increase and expansion of industrial and commercial change registration, marking the smooth completion of the mixed ownership reform of Jiang Copper Copper Foil. Generally speaking, the completion of the mixed reform is considered a step before preparing for listing.
The spin-off and listing, if successful, will be conducive to strengthening the competitive position and competitive advantages of Jiangcu Copper Foil in its specialized fields. Meanwhile, Jiangxi Copper Company still holds Jiangcu Copper Foil, and the financial position and profitability of Jiangcu Copper Foil will still be reflected in the financial statements of Jiangxi Copper Company.
The rapid increase in the penetration rate of new energy vehicles has significantly boosted the incremental demand for lithium batteries. Copper foil is the preferred material for lithium anode collector, because the downstream sales of new energy vehicles continue to explode, the supply and demand of lithium copper foil shows a tight pattern.
However, due to the demand boom, in recent years, a number of companies have expanded copper foil production capacity.
CITIC Securities research report that the future supply of lithium copper foil concerns is the main contradiction in the current copper foil plate. It is expected that the lithium copper foil capacity jump will occur in 2023.
Industry insiders believe that: due to the expansion of the time cycle of the plant is about 1.5 years, if the current growth rate of new energy vehicles, about 2022 at the end of the year or the inflection point of the relationship between supply and demand moments. 2023 overcapacity will be the whole industry *** with the face of the problem.
Related Business Performance Update Jiangxi Copper is expected to achieve net profit attributable to shareholders of listed companies in January-December 2021 of 5.220 billion yuan - 5.916 billion yuan, compared with the same period of the previous year, an increase of 2.900 billion yuan - 3.596 billion yuan, an increase of 125% - 155%. 155%. 6, Oscorp The company's annual net profit of 505 million yuan year-on-year growth of 44.61%. Overview Sontag Finance was informed that Aoshikon (002913.SZ) released a performance report on February 22, the company 2021 January-December operating income of 4.438 billion yuan, an increase of 52.48% year-on-year, semiconductor and components industry average Operating income growth rate of 37.66%; attributable to shareholders of listed companies net profit of 505 million yuan, an increase of 44.61%, the semiconductor and components industry average net profit growth rate of 82.05%. Kopper Oscorp is mainly engaged in the research and development, production and sales of high-density printed circuit boards. The printed circuit board is the key electronic interconnections of electronic products and the substrate on which each electronic part is loaded. Interpretation Oscan's performance is basically in line with institutional expectations, before the three institutions of Oscan 2021 net profit forecast average value of 539 million yuan, an increase of 54.41%. According to the company, the main reason for the increase in operating income and net profit is the company's transformation and upgrading, the wholly-owned subsidiary of Guangdong Xizhen Circuit Technology Co. According to public information, Guangdong Xizhen Circuit laid the foundation stone in November 2019, covering an area of about 400 acres, with a total construction area of about 480,000 square meters, with an investment of more than 3.5 billion yuan, aiming to build an intelligent science park and proposing to build a number of high-end printed circuit board intelligent production lines. After the completion of the Science Park, it is expected that the annual output of PCB about 5 million square meters and extend the upstream and downstream supporting industries, the annual output value of 8 billion yuan. It is reported that the project has been in June 2021 part of the production. Oscorp has said on the investor interactive platform, the company plans to reach a total capacity of 800-850,000 square meters / month at the end of 2021, the end of the second quarter of 2022 total capacity of 1.1 million square meters / month, the end of 2022 total production capacity of 1.5 million square meters / month. Oscan's main product is PCB rigid board, 2021 half-yearly report shows that the company's overseas business accounted for 60%, the domestic business accounted for 40%. PCB industry chain upstream for the relevant raw materials, mainly including copper cladding boards, semi-cured sheet, copper foil, copper balls, gold salts, dry film and ink, etc., the middle reaches for the PCB manufacturing, and downstream is mainly communications, consumer electronics, automotive electronics, industrial control, medical, Aerospace, defense, semiconductor packaging and other fields. According to Prismark data, the overall global PCB output value has shown a steady upward trend, from $48.34 billion in 2008 to $65.22 billion in 2020, and is expected to rise to $86.33 billion in 2025 as downstream growth in 5G communications, consumer electronics, and automotive electronics pulls. The PCB output value in mainland China was $15.04 billion in 2008, $35.05 billion in 2020, and is expected to reach $46.04 billion in 2025. The proportion of PCB production value in various countries and regions around the world is also in constant change, Europe and the United States accounted for a gradual decrease in the proportion of Asia gradually increased in 2020, the proportion of mainland China has jumped to 53.8%, ranked first in the world. Related Business Performance Update Oscan 2021 three-quarter operating income of 3.207 billion yuan, an increase of 56.15%; attributable to shareholders of the parent company's net profit of 376.3 million yuan, an increase of 66.35%. 7, Jia Litu "stock god" ran? Three consecutive board Jia Litu: Lin Yuan Investment reduced its holdings of 553,490,000 Jia Li convertible bonds. Overview Pine Tower Finance was informed that on February 22, Jia Litu (603912.SH) announced that on February 22, 2022, the company received a notice from Lin Yuan Investment, which sold its holdings of 553.49 million Jia Li convertible bonds through the Shanghai Stock Exchange system **** on February 22nd. 553,490,000 Jiali convertible bonds (55.349 million yuan), accounting for 18.45% of the total amount of issuance. After the reduction, Lin Yuan Investment holds 53,860 Jia Li convertible bonds, accounting for 1.795% of the total amount of issuance. In addition, Jialitu released an unusual announcement on the same day, stating that the "Nanjing Kai Tak YoYun Data Center Project" may not be able to complete the project completion on time. Science Convertible bonds are bonds issued by listed companies that can be converted into shares. Convertible bonds have the dual attributes of stocks and bonds, the positive shares of listed companies and convertible bonds in the stock price will have a certain linkage. Convertible bonds do not have up and down limits, but there is a temporary suspension mechanism, when the convertible bond up or down to 20% when the suspension of 30 minutes, when the convertible bond up or down to 30% when the suspension to 14:57. Interpretation The price of the convertible bond and the positive stock there is a linkage, the short-term convertible bond The rise tends to be more violent than the main stock. Yesterday, Jia Li convertible bond intraday soared 57.62%. The last three trading days, Jia Li Tu positive stock three consecutive board. Lin Yuan this time nearly liquidation type reduce Jia Li convertible bonds. Previously appeared after Lin Yuan reduced the convertible bonds, the convertible bonds fluctuated dramatically and fell. The "stock god" Lin Yuan because of the successful investment in the investment community as a story, in the past few years in the convertible bond market, "high-profile" behavior is no less than when the investment in Maotai. As early as the end of 2019, at an investment summit, Lin Yuan said bluntly: "I basically do not buy stocks now, I only buy convertible bonds". He even believes that convertible bonds are facing a big opportunity not encountered in a decade! Since then, Lin Yuan has increased investment in convertible bonds. On March 15, 2021, Lin Yuan reduced his holdings of Jia'ao convertible bonds. Before and after his reduction, Jia Ao convertible bond price fluctuation is huge, the day of the turnover rate reached 701.37%, and thereafter also appeared successive decline. The market questioned Lin Yuan suspected of manipulating the price of convertible bonds, but Lin Yuan claimed: "This is our normal asset allocation strategy and investment flexibility, does not involve what manipulation of the market. The price is right we sold, fell to a price I think is appropriate, I will buy." "East counts west counts" recently stood on the wind, Jia Litu is east counts west counts the concept of stocks. since February 18, wind "east counts west counts the index" rose as high as 20.45%. The public information shows that the data center room environment control field revenue accounted for more than 9% of the company's revenue. A few days ago, Jia Litu responded to the media that the company is building the Nanjing Kai Tak Yo cloud data center, will become the company's exemplary project, "Although last year's schedule was affected by the epidemic, but it is expected in the first half of this year will be able to be delivered and used." According to its introduction, the data center will have three positioning, one is a display center, because its PUE value is less than 1.3; the second is a research and development center, technology upgrading and updating; the third is an industrial center, which will bring incremental business for itself and its partners. News: The National Development and Reform Commission, the Central Internet Information Office, the Ministry of Industry and Information Technology, and the National Energy Administration recently jointly issued a document agreeing to start the construction of a national arithmetic hub node in Beijing-Tianjin-Hebei, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, Chengdu-Chongqing, Inner Mongolia, Guizhou, Gansu, Ningxia, and planning for Zhangjiakou cluster, and other 10 national data center clusters. Thus, the overall layout design of the national integrated big data center system has been completed, and the "East counts, West counts" project has been officially launched. The research view of Huaxin Securities is that "East counts West counts" lays the foundation for the development of the digital economy. The organization believes that the current new round of technological revolution and industrial change is reshaping the global economic structure, arithmetic has become the core productivity of the digital economy, and has become the new focus of global strategic competition. Related Business Performance Update In the third quarter of 2021, Jialitu's single-quarter revenue was 194 million yuan, a year-on-year decline of 2.41%; single-quarter net profit of 20,281,800 yuan, a year-on-year decline of 55.0%. 8, Trina Solar The company's performance snapshot: net profit in 2021 increased by 53% year-on-year. Overview Sontag Finance was informed that on February 22, Trina Solar (688599.SH) announced that in 2021, the company's total operating income of 44.490 billion yuan, an increase of 51.23% over the previous year; net profit attributable to the owners of the parent company 1.876 billion yuan, an increase of 52.64% over the previous year; basic earnings per share of 0.91 yuan. The company achieved 210 large size battery module technology and product advantages, making the company's photovoltaic products to further enhance the market share, to achieve operating income compared to the same period last year, a substantial increase. Science In the photovoltaic industry chain: silicon and silicon belongs to the upstream of the photovoltaic industry chain, silicon is processed by the silicon material; battery and components belong to the middle and lower reaches of the photovoltaic industry chain, the battery is made of silicon, and the module is made by the cell series parallel connection. The 210-size module has a lower system cost per watt than the smaller sized modules currently on the market, and is the mainstream direction for the future. Interpretation Trina Solar's results were in line with previous estimates. Trina Solar's 2021 net profit attributable to owners of the parent company of 1.876 billion yuan, previously, the company expected 2021 net profit of 1.72 billion yuan - 2.05 billion yuan. In the future, Trina Solar may benefit from the long-term improvement of the PV industry and the concentration of module market share to the head enterprises, especially the trend of 210-size module volume. On January 21st, the global authoritative PV analyzer PV InfoLink 2021 global component shipment ranking came out hot, and Trina Solar ranked second. Among them, Trina Solar's 210 module shipments totaled more than 16GW, the world's largest large-size module shipments. In recent years, as the advantages of 210 large-size components have gradually come to the fore, their market penetration and production capacity have been expanding. According to the prediction of Chipotle Consulting, in 2022, the capacity of large-size components will reach 349.9GW, with a total market share of 74.6%, of which the capacity of 210 components will reach 206.8GW, with a market share of 44.1%. In addition, the component track 2022 cost pressure may ease. A photovoltaic industry analyst believes that: "Last year, due to logistics and supply chain disruption, the price of upstream silicon material soared, resulting in long-term pressure on the profitability of the component companies, but along with market barriers, technical barriers gradually strengthened, the industry's market share continues to LONGi shares, Trina Solar and other headline companies to gather. From the domestic raw material capacity supply, Tongwei shares, GCL-Poly and many other silicon enterprises are expected to release silicon production capacity at the end of 2022, this year and next year, the upstream raw materials will be in the phase of price reduction, at that time, Trina Solar's 210 large-size component shipments, profitability is expected to be further enhanced." 9, Da Nu Laser The company's controlling subsidiary intends to implement the employee stock ownership plan and the introduction of a strategic investor, Gao Tail Yurun. Overview Pine Tower Finance was informed that the large group of laser (002008.SZ) announcement, to be made by some of the large group of laser directors, senior management and core staff to invest directly in the controlling subsidiary of the large group of photovoltaic, in addition to the large group of laser and its holdings of the enterprise's other core staff **. ** with the investment in the family electric polyhybrid (the family laser employee shareholding platform), at the same time by part of the family photoelectric directors, supervisors and senior management, the family photoelectric and its holding company's other core employees *** with the investment in the Hopxin consulting (the family photoelectric employee shareholding platform), and by the above employees through the family laser employee shareholding platform, the family photoelectric employee shareholding platform (collectively referred to as the" Employee Shareholding Platform") to increase the capital of Daqi Optoelectronics, with a total investment of approximately not more than 141 million yuan. In addition to the proposed introduction of high water Yurun, high-tech investment in entrepreneurship, high-tech investment in Shenzhen Zhiyuan, small Harvest Venture, CSI investment in five strategic investors through a capital increase, the total amount of investment does not exceed 141 million yuan. Kip Employee stock ownership plan refers to the internal staff of the enterprise to subscribe to part or all of the equity of the Company, entrusted to the Employee Stock Ownership Association (or entrusted to a third party, generally financial institutions) as an association of corporate trusteeship operation, centralized management, the employee stock management committee (or the Council) as an association of corporate into the The employee stock management committee (or council) as a corporate legal person to enter the board of directors to participate in voting and dividends. The purpose of implementing an employee stock ownership plan is to make employees shareholders of the company. Interpretation Participation in the capital increase of the star institutions are numerous, indicating that the large group of laser subsidiaries of the large group of photovoltaic to obtain the recognition of the head of the institution. Among them, Gao Tail Yurun is a fund under the famous private equity institution Gao Tail, and on the evening of July 27, 2021, Ningde Times announced that it had contributed 300 million yuan to Gao Tail Yurun. The announcement clearly states that the fund plans to invest in frontier technology, chips, semiconductors, solar energy, batteries, intelligent driving, AI technology, intelligent terminals and other high-tech industries. At present, Ningde Times holds 21.3% of the shares of Gao Tail Yurun. The only shareholder of Gaoxin Investment Venture is Shenzhen High-Tech Investment Group, the background of Shenzhen High-Tech Investment Group is the Shenzhen state-owned capital, which is set up to solve the problem of financing difficulties of small and medium-sized technology enterprises. Daqo Optoelectronics is mainly engaged in the development, production and sales of semiconductor packaging equipment. Encapsulation is a back-end process for semiconductors, which mainly involves cutting qualified wafers and processing them into chips that can be connected to external devices. Encapsulation requires more types of equipment, mainly including placement machines, scribing machines/inspection equipment, lead soldering equipment, plastic sealing/ribbon cutting and molding equipment. According to SEMI statistics, in 2020, the global packaging equipment market size of 3.8 billion U.S. dollars, in the global semiconductor equipment market accounted for 5.3%, in recent years, each year to maintain a share of 5% to 6%. Encapsulation equipment market is currently dominated by foreign machinery manufacturers, ASMPacific, K&S, Besi and other encapsulation equipment manufacturers revenue volume in the scale of 5-10 billion yuan, occupying a larger market share, basically has completed the full channel through. Therefore, the semiconductor packaging equipment in the field of domestic substitution space is very large. Previously, Daqi photoelectric has implemented a stock incentive: April 7, 2021, Daqi laser announced that the company intends to implement the stock incentive by transferring part of the equity of the subsidiary. The object of the equity incentive for the company's deputy general manager Luo Bo, Daqi photoelectric management personnel on behalf of LI ZHENGRONG and Daqi photoelectric core staff. The company and Luo Bo, Daqi photoelectric employee shareholding platform Shenzhen Yunsheng Consulting Partnership (Limited Partnership) ("Yunsheng Consulting") signed the "Equity Transfer Agreement", agreed to the price of 7.8 million yuan to Luo Bo, Yunsheng Consulting, respectively, to transfer Daqi photovoltaic 10% equity each. Recent performance of related enterprises Daqi Laser is expected to 2021 net profit earnings of 1.95 billion yuan to 2.05 billion yuan. Disclaimer The information and data are for reference only, and cannot be used as a reference factor for investment decisions, and do not constitute any investment advice.