text/AI Finance and Economics Kang Jialin
edited by Zhang Ze
On November 15, the Beijing Stock Exchange officially opened, and 81 companies were listed in the first batch. Among them, 71 companies were directly transferred from the New Third Board Selection Layer to the Beijing Stock Exchange, and another 10 companies passed the approval of listed securities and were listed on the Beijing Stock Exchange for the first time. After the opening, 10 new stocks rose across the board, and N Tongxin, N Dadi, N Crystal, N Hanxin, N Guangdao, N Henghe and others all triggered temporary suspensions.
Visual China
From the public information, the first batch of 10 companies that have passed the approval mainly cover the fields of technology, industry, environmental protection, etc. Among them, technology companies are still attracting much attention, and there are three listed companies based on information technology, namely Jingsai Technology, Hanxin Technology and Keda Automation.
Jingsai Technology's main business is quartz crystal oscillator, which is an indispensable basic component for various IoT products. It is especially suitable for electronic products with high requirements for frequency accuracy, such as communication networks, mobile terminals, Internet of Things, automotive electronics, smart homes, household appliances and other fields.
According to CS&A statistics, the global sales of quartz crystal oscillators in 2019 were about 18.068 billion, and the industry market size was about 3.041 billion US dollars. The manufacturers are mainly concentrated in Japan, the United States, Taiwan and mainland China. Among them, Japanese manufacturers account for about 50% of the market share, American manufacturers account for about 10% of the market share, and Taiwanese and mainland Chinese manufacturers account for about 40% of the market share.
A chip industry insider revealed to AI Finance and Economics that under the influence of uncertain external factors, domestic communication technology companies have begun to turn to domestic manufacturers to purchase quartz crystal oscillators, and the process of domestic substitution has accelerated significantly.
He also said that under the demand for high-basic frequency applications such as 5G communication and Wi-Fi 6, the demand for quartz crystal oscillator has increased rapidly, and related product price increases and delivery delays have occurred. A distributor of Taiwan Crystal Technology in China once told the media that some crystal oscillator products have increased by 10%, and can reach up to 15% in the future.
Visual China
In addition to Jingsai Technology, the tags on Hanxin Technology include the current hot smart cities and Huawei partners.
According to the data released by Hanxin Technology, in the three major business areas of information security, smart cities and enterprise digital transformation, as a regional information system integrator, Hanxin Technology's original government and school medical and business affairs in Yantai area have developed steadily and its basic foundation is stable.
In the past two years, Hanxin Technology has begun to turn to the field of enterprise digitalization. It established an innovation center with Huawei and Yantai Development Zone governments in December 2019, and began to purchase Huawei cloud services. It has confirmed and received Huawei related rebates from 2020. Dongwu Securities' research report stated that "the three parties complement each other and form a community of interests."
In 2021, thanks to the tripartite cooperation, the operating income generated by its corporate digital transformation services has continued to increase. However, the research report still pointed out that the business formats and models of the three-party services are still immature. Except for Yantai, the degree of marketization is not high, and the intention to reach a subsequent agreement is not clear. The sustainable risks of enterprise digital transformation services have also cast a shadow on Hanxin Technology's business prospects.
Visual China
At present, the industrial Internet has been widely used in industrial industries such as coal, and new models such as intelligent production, networked collaboration, and personalized customization are booming. The entry of Huawei Hongmine System further reflects that this industry has experienced a turning point, and smart mine-related companies are showing opportunities.
Keda Automation’s main business is used in the industrial Internet technology system, providing automation technical services for mining data monitoring and automatic control systems, municipal data remote monitoring systems, and automatic control related products.
In recent years, the country’s guiding documents on the intelligence of coal mines have been frequently released, pointing out the direction for the development of the industry. The intelligent construction of coal mines is an inevitable choice for the high-quality development of coal enterprises. Keda Automation said that its ultimate goal is to create a "three-no" coal mine with wireless full coverage and intelligent control, unattended and no casualties.
It is reported that Keda Auto Control's main customers are Shanxi state-owned coal enterprises, and the coal industry accounts for a high proportion of its main business revenue.
Some industry insiders analyzed that in the long run, affected by carbon peak, carbon neutrality goals and related industrial policies, my country's coal consumption and the proportion of coal consumption will decline in the future. Whether Keda Automation can expand its industry beyond Shanxi will determine whether it can continue to maintain profitability.
This article is originally produced by AI Finance and Economics, an account under "Financial World" Weekly. Please do not reprint it on any channel or platform without permission. Violators will be prosecuted.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-