[CSI Headlines].

The national strategy of China's space science development roadmap has been drawn

On October 15, the "National Space Science Medium and Long-term Development Plan (2024-2050)" was jointly released by the Chinese Academy of Sciences, the China National Space Administration, and the China Manned Space Engineering Office. This is the first unified medium- and long-term development plan at the national level in the field of space science in China. The plan depicts the scientific mission plans to be implemented in three stages: 2027, 2028-2035 and 2036-2050, and forms a roadmap for the development of space science in China by 2050. This plan is the basis for guiding China's space science mission deployment and space scientific research at present and in the future.

Comments: Space science is an extension of the limits of human cognition, and the exploration of this unknown element will lead to the progress of various detection methods, such as sensors, precision optical instruments, and high-performance detectors, which can greatly promote the progress of technology. Through these technological advances, new technologies will be cultivated for the entire space exploration activity, which may also trigger a new round of scientific and technological revolution and boost the development of productive forces. In the next ten years, China's space station will face the world's scientific and technological frontiers and major national needs, focusing on four major research fields: space life and human body research, microgravity physical science, space astronomy and earth science, and new space technology, and implement thousands of scientific research and application projects on a rolling basis to help improve people's livelihood and promote economic and social development. A-share related concept stocks mainly include Zhongke Xingtu (688568), Tianao Electronics (002935), etc.

[CSI Focus].

Focus on the development and expansion of unicorn enterprises around new tracks such as atomic-level manufacturing

At a recent press conference held by the Information Office of the State Council, Wang Jiangping, Vice Minister of the Ministry of Industry and Information Technology, said that he would focus on the development and expansion of unicorn enterprises in new fields and new tracks such as atomic-level manufacturing, brain-computer interface, and 6G. At the same time, the High-tech Department of the Ministry of Industry and Information Technology held the 2024 Symposium on Atomic Manufacturing Innovation and Development to discuss in depth the "Implementation Opinions on Atomic Manufacturing Innovation and Development (2025-2030)", focusing on promoting the innovation and development of atomic manufacturing from the two aspects of layout of scientific and technological innovation and construction of industrial ecology, creating an innovation highland for the atomic manufacturing industry, and accelerating the deep integration and development of atomic manufacturing technology innovation and industrial innovation.

Comments: Atomic-level manufacturing is a cutting-edge, challenging and high-value research direction, which represents the commanding heights of technology in the field of manufacturing, and the technological breakthrough of atomic-level manufacturing will greatly affect the industrial structure. Atomic-level manufacturing technology has higher manufacturing accuracy, which can form new quality productivity and solve many bottlenecks faced by traditional manufacturing. Atomic-level manufacturing technology can prepare atomic-level chips, advanced gyroscopes, ultra-sensitive detectors, nuclear target spheres, etc., and has great application potential in various fields such as aerospace, national defense and military industry, quantum technology, semiconductor manufacturing, nuclear energy, medicine, and ultra-precision instruments. A-share related concept stocks mainly include microconductive nano (688147), Guolin Technology (300786), etc.

【Selected News】

○ On October 15, the inter-provincial electricity spot market was transferred to formal operation, and the scope of China's electricity market-oriented trading was further expanded.

○ The Ministry of Finance, the State Administration of Taxation and the Ministry of Water Resources have issued the "Implementation Measures for the Pilot Reform of Water Resources Tax", which will fully implement the pilot reform of water resources fees from December 1, 2024.

○ The Information Office of the State Council will hold a press conference at 10 a.m. on Thursday, October 17, 2024, at which Ni Hong, Minister of Housing and Urban-Rural Development, and responsible persons of the Ministry of Finance, the Ministry of Natural Resources, the People's Bank of China, and the State Administration of Financial Supervision and Administration will introduce the situation of promoting the stable and healthy development of the real estate market and answer questions from reporters.

○ Ministry of Commerce: Anti-dumping duties will continue to be imposed on imports of hydroiodic acid originating in the United States and Japan for a period of 5 years.

○ The research and formulation of six automotive chip standards, including the "Technical Specification for Half-bridge Drive Chips for Automotive Low-voltage Electrical Systems", was officially launched.

○According to Huawei's mobile phone Weibo news, the original Hongmeng Night and Huawei's all-scene new product launch conference will be held at 19:00 on October 22.

[Sankei perspective].

Higher stability, domestic photoresist has passed mass production verification

According to the official account of "China Optics Valley", recently, Optics Valley enterprises have achieved a major breakthrough in the field of semiconductor special photoresist: the T150 A photoresist product launched by Wuhan Taizi Micro Optoelectronics Technology Co., Ltd. has passed the mass production verification of the semiconductor process, and the formula is fully independently designed, which is expected to create a new situation in domestic semiconductor lithography manufacturing. This product is benchmarked against the mainstream KrF photoresist series of international leading enterprises. Compared with the same series of foreign products, T150 A has a limit resolution of 120nm in the lithography process, and the process tolerance is greater and the stability is higher. A-share related concept stocks mainly include Rongta Photosensitive (300576), Polydi (300905) and so on.

[Company News].

○Wenyi Technology: Hefei State-owned Assets Supervision and Administration Commission plans to become the actual controller of the company

Sanjia Group, the controlling shareholder of Wenyi Technology (600520), and Ruizhen Commercial, the controlling shareholder of Wenyi Technology (600520), plan to transfer a total of 26,993,900 shares of the company (accounting for 17.04% of the company's total share capital) to Hefei Innovation Technology Venture Capital Co., Ltd. Sanjia Group agreed to irrevocably entrust all 5.1% of the shares of Wenyi Technology held by it after the completion of the transfer of shares and other property rights other than the voting rights held by it to Hefei Innovation Investment. After the completion of the transaction, Hefei Innovation Investment will become the controlling shareholder of Wenyi Technology, Hefei Industrial Investment Holding (Group) Co., Ltd. will obtain indirect control of the company, and Hefei State-owned Assets Supervision and Administration Commission will become the actual controller of the company. The company's shares resumed trading on October 16.

○ Tiantong Co., Ltd. (600330) subsidiary 8-inch iron-doped lithium tantalate crystal was successfully produced, filling the application gap in the field of large-size piezoelectric materials.

○ Xingmin Zhitong (002355) holding subsidiary Jiuwu Zhijia plans to acquire Zhuhai Shuangjie Technology Co., Ltd., a drone manufacturing company. Shuangjie Technology, the target of the merger, is an industry benchmark enterprise in the field of tethered drones.

○ Huibo Yuntong (301316) plans to acquire 51% of the equity of Jinrui Software, a wholly-owned subsidiary of Hang Seng Electronics. Prior to this transaction, Jinrui Software was a wholly-owned subsidiary of Hang Seng Electronics, relying on the Hang Seng Electronic Product Technology Platform to provide one-stop and customized development services for its securities, funds and other financial institution customers.

○ Jingchen Co., Ltd. (688099) deepens its strategic cooperation with Netflix, and will soon demonstrate the latest Netflix solutions.

○ Hanwei Technology (300007) said on the interactive platform that the company currently provides electronic skin and fingertip sensors for research and development to a number of robot manufacturers.

○Risen Energy (300118) HJT Fuxi PRO 730Wp+ is expected to be mass-produced and delivered in the first quarter of 2025.

○ Huadian Energy (600726) plans to invest 6.495 billion yuan to build a 660,000 kilowatt cogeneration unit.

○ The controlling shareholder of China State Construction (601668) plans to increase its shareholding in the company by 600 million yuan to 1.2 billion yuan.

○ JAC's (600418) net profit in the first three quarters increased by about 237.08% year-on-year.

○ Jiejie Microelectronics (300623) net profit in the first three quarters increased by 120%-150% year-on-year.

○ Amway shares (300218) net profit in the first three quarters increased by 248.3%-272.32% year-on-year.

[Capital Tide View].

○ On October 15, the net outflow of main funds in Shanghai and Shenzhen was 69.878 billion yuan. The top three sectors with net inflows of main funds were fertilizers, games and non-metallic materials, with net inflows of 303 million yuan, 262 million yuan and 261 million yuan respectively. The top three stocks with a net inflow of main funds are Huali Chuangtong, Wall Nuclear Materials and Jidian Shares, with net inflows of 829 million yuan, 538 million yuan and 418 million yuan respectively.

○ National Technology (300077) rose 7.88% on October 15. According to the data of the Dragon and Tiger List, the special seats for Shenzhen-Hong Kong Stock Connect bought 222 million yuan and sold 157 million yuan at the same time. The special seats of the three institutions were sold for 149 million yuan, 82.7393 million yuan and 75.5233 million yuan respectively. A special seat for an institution was sold for 91.2142 million yuan.

[IPO subscription].

○ New Aluminum Era: The subscription code is 301613, the subscription price is 27.70 yuan, and the issue price-earnings ratio is 14.57 times, and the company is mainly engaged in aluminum alloy parts for new energy vehicle battery systems.