[CSI Focus].

The 2024 China High-Performance Computer List was released

The 6th China Supercomputing Conference (ChinaSC 2024) was held in Beijing. At the meeting, the High Performance Computing Professional Committee of the China Computer Federation, the High Performance Computing and Mathematical Software Professional Committee of the Chinese Society of Industrial and Applied Mathematics, and the China Intelligent Computing Industry Alliance jointly released the 2024 China Top 100 High Performance Computer (HPC) Performance List. In the list, the share of system performance applied to "computing power services" accounts for the largest proportion, accounting for 71.78%.

Comments: Computing power is a new productive force in the era of digital economy and a solid foundation to support the development of the digital economy. At this stage, the rapid development of 5G, cloud computing, big data, Internet of Things, artificial intelligence and other technologies has promoted the explosive growth of data and the increasing complexity of algorithms, bringing about a rapid increase in the demand for computing power scale and computing capacity. With the acceleration of 5G commercialization, the connection between things continues to deepen, the application of computing power in autonomous driving, smart security, smart city and other fields continues to expand, the demand for edge computing and fog computing is increasing, and the scope and boundary of computing power are still expanding.

◆Among the A-share companies, Inspur Information (000977) is the world's leading server manufacturer, providing professional and efficient computing power platforms for cloud computing, artificial intelligence, big data, 5G and other application scenarios. Sugon (603019) has built a "national integrated computing service platform" to realize the integrated scheduling and flexible supply of intelligent computing power and general computing resources nationwide through a unified computing service portal.

【Selected News】

○On November 18, Sun Weiguo, director of the General Aviation Business Department and UAV Working Committee of the China Air Transport Association, revealed at the 2024 International Electric Aviation (Kunshan) Forum that the Central Air Traffic Management Commission will soon carry out eVTOL pilots in six cities. The six pilot cities were preliminarily identified as Hefei, Hangzhou, Shenzhen, Suzhou, Chengdu and Chongqing.

○ The State Administration of Radio and Television, the Ministry of Commerce and the Ministry of Culture and Tourism jointly issued a new notice on promoting the trade-in of hotel TV terminals. The notice aims to include hotel TV updates in the scope of local consumer goods and home appliance trade-in subsidies.

○ Huawei's official WeChat announced that the Huawei Mate 70 series will be unveiled at the Mate brand ceremony to be held at 14:30 on November 26.

○ As of 16:29 on November 17, the annual business volume of China's express delivery exceeded the 150 billion mark for the first time.

○According to data from China Bond Information Network, as of November 18, five provinces and cities, namely Henan Province, Guizhou Province, Jiangsu Province, Dalian City and Qingdao City, have disclosed their plans to issue special refinancing special bonds, with a total amount of 224.4 billion yuan.

[Sankei perspective].

The policy of double increase in output and price promotes the efficient and high-value utilization of phosphorus chemical industry

According to the latest data from the China Phosphorus Chemical Industry Association, in the first three quarters of 2024, China's phosphorus chemical market continued to maintain a steady growth trend, and the promotion of environmental protection policies has made the industry develop in a greener and more efficient direction. As of the end of September, the output and price of the main products of phosphorus chemical industry have increased.

Comments: Relying on relatively abundant phosphate rock resources and a sound industrial foundation, China's phosphorus chemical industry has made great progress in recent years. From the perspective of product price trends, due to the long delivery cycle of new ore production capacity and the clearance of backward production capacity, China's phosphate rock supply will continue to be tight in the short and medium term, supporting phosphate rock prices to remain at a high level. The policy promotes the efficient and high-value utilization of phosphorus chemical industry, and the price of phosphate rock remains high, which is good for the head enterprises of phosphorus chemical industry with rich resources and complete industrial chain. A-share related concept stocks mainly include Liuguo Chemical (600470), Ananda (002136), etc.

[Company News].

○ Zhou Dehong, the controlling shareholder and actual controller of Baoli International (300135), and Zhou Xiufeng, who acted in concert, signed the Share Transfer Agreement with Chizhou Investment Technology, under which Zhou Dehong and Zhou Xiufeng transferred their total 22.57% of the company's shares to Chizhou Investment Technology by way of agreement transfer, with a total transfer price of 749 million yuan. After the completion of this transaction, Chizhou Investment Technology will become the controlling shareholder of the company, and the State-owned Assets Supervision and Administration Commission of Chizhou Municipal Government will become the new actual controller of the company. The company's shares have resumed trading since November 19.

○ Thayer Co., Ltd. (300473) acquired 100% equity of Aizhuo Intelligent Technology (Shanghai) Co., Ltd. The main products of the target company are automotive film trim parts and automobile cladding trims, which belong to automotive interior parts. The company's shares will resume trading from the opening of the market on November 19. In addition, Del said on the interactive platform on November 18 that it is currently building a trial production line for solid-state batteries in Shanghai, and the construction is expected to be completed by the end of the year.

○ Minsheng Bank (600016) announced on the evening of November 18 that New Hope Group Co., Ltd. is optimistic about the long-term development of Minsheng Bank, and its subsidiary New Hope Chemical intends to increase its holdings of the Bank through the secondary market, through centralized bidding transactions and block transactions. After the increase in holdings, New Hope Chemical and its concerted actors will hold a total of more than 5% of the total shares of Minsheng Bank, realizing the lifting of the card.

○Recently, Sungrow (300274) and the UK's Fidra Energy successfully signed a 4.4GWh energy storage cooperation agreement, which will help the UK build two benchmark independent energy storage power stations of 3.3GWh Thorpe Marsh and 1.1GWh WestBurton C. As the largest energy storage power station in Europe, the project will deploy 880 sets of Sungrow PowerTitan2.0 liquid-cooled energy storage systems.

○ Changan Automobile (000625) said on the interactive platform on November 18 that it plans to invest more than 50 billion yuan in the next five years to lay out the three-dimensional transportation scheme of sea, land and air and the field of humanoid robots.

○ Jingchen Co., Ltd. (688099) said at the performance briefing that the company's 6nm chip is based on a new generation of ARM V9 architecture, independent research and development of edge AI capabilities, and is the industry's first 6nm commercial chip that integrates 4K and AI functions, compared with the previous generation of products, CPU performance has increased by more than 60%, GPU performance has increased by more than 230%, and power consumption has been reduced by 50% compared with 12nm.

○Kechuan Technology (603052) received the first small order for composite aluminum foil from an internationally renowned consumer electronics battery manufacturer.

○ Yibin XGIMI, a wholly-owned subsidiary of XGIMI Technology (688696), recently received a fixed-point notice for the development of two projects of a well-known domestic automobile OEM, and Yibin XGIMI will become the customer's two models, which supply intelligent cockpit display products.

○ The new product of Guoxin Technology (688262) integrated automotive electronic drive-by-wire chassis drive control chip has been successfully tested.

○Jiajiayue (603708) plans to invest 350 million yuan to build a smart logistics park.

○ Tiancheng Controls (603085) plans to invest no more than 400 million yuan in the construction of a production base in Thailand.

○ FAW Jiefang (000800) plans to sell 21.84% of the equity of FAW Finance to the controlling shareholder for 4.924 billion yuan.

○ Wanliyang (002434) controlling shareholder plans to increase its shareholding in the company by 100 million to 200 million yuan.

[Capital Tide View].

○ On November 18, the net outflow of main funds in Shanghai and Shenzhen was 80.988 billion yuan. The top three sectors with net inflows of major funds were banks, coal and engineering construction, with net inflows of 3.977 billion yuan, 917 million yuan and 864 million yuan respectively. The top three stocks with net inflows of main funds are Yongtai Energy, Industrial and Commercial Bank of China, and Agricultural Bank of China, with net inflows of 561 million yuan, 552 million yuan and 391 million yuan respectively.

○ CITIC Haizhi (000099) rose on November 18, with a turnover of 3.124 billion yuan. According to the data of the after-hours Dragon and Tiger List, Shenzhen Stock Connect bought 146 million yuan and sold 174 million yuan, and the seats of the three institutions were net sold 47.308 million yuan, 31.7501 million yuan and 17.8899 million yuan.