① The Xiaomi concept stock Anjie Technology received more than 2.6% of the northbound capital increase this month, while the chip concept stock Huafeng Measurement and Control and Lixin Micro received a 3.12% and 2.5% increase in northbound capital during the same period, respectively. ② Sort out the list of individual stocks that have increased their northbound capital holdings by more than 2.5% in the past month (attached table).
Finance Association, March 31 (Editor Ruo Yu Yihui) According to Choice statistics, the top ten stocks with cumulative net purchases from March 1 to March 29 were Ningde Times, Wuliangye, Midea Group, Zijin Mining, Vail, Hengrui Pharmaceuticals, Changjiang Electric, Beifang Huachuang, Shanxi Fenjiu, and Gree Electric, all with net purchases exceeding 1.2 billion yuan. The top ten individual stocks with cumulative net sales of Northbound Capital this month are Pharmaceuticals, Mindray Healthcare, Industrial Wealth Federation, Longji Green Energy, Oriental Wealth, TCL Technology, Perea, Zhongke Chuangda, Hang Seng Electronics, and Wanhua Chemical, all with net sales exceeding 700 million yuan. See the table below for details:
Looking at the extent of the increase in positions, according to data from the Shanghai, Shenzhen, and Hong Kong Stock Connect from March 1 to March 29, A-share listed companies that received more than 2.5% increase in northbound capital holdings include Zhejiang Media, Yingjie Electric, Huafeng Measurement and Control, Anjie Technology, Siyuan Electric, and Lixin Micro. The details are shown in the chart below:
It is worth mentioning that according to the list of individual stocks with a northbound capital increase ratio of more than 1.7% from March 1 to March 15 compiled by the Financial Federation News Agency, Siyuan Electric is still on the current list of individual stocks (for details, see Financial Association's in-depth report on March 17: Innovative drug leaders are listed! (List of individual stocks where Northbound Capital increased its positions by a large percentage this month)
It is worth noting that Zhejiang Media received a 3.32% increase in northbound capital holdings this month, ranking first, and net purchases for 13 consecutive days. Zhejiang Media mainly publishes, distributes and prints publications such as books, periodicals, audio-visual products, and electronic publications. The company said on an interactive platform on March 15 that its subsidiary Zhejiang Publishing Group Digital Media Co., Ltd. has started online game publishing business in 2018, and has now been approved for 81 game versions. Since June 2023, it has carried out skit review and content distribution business, and 9 online skits and cartoons have been registered.
So far this month, Yingjie Electric and Huafeng Measurement and Control have increased their northbound capital holdings by 3.26% and 3.12% respectively, ranking second and third. Yingjie Electric's main business is R&D, production and sales of industrial power supply equipment. Wang Huajun of Zheshang Securities and others reported on March 25 that according to the Wind Global Enterprise Bank, Yingjie Electric's subsidiary Chengdu Yingjie Chenhui Technology (responsible for the semiconductor business) received a total of 25% of shares from CCW Semiconductor Equipment and Jiaxing Shengwei Investment (the actual controller is Tao Heng, director and deputy general manager of China Micro), and Yingjie Electric holds 75% of shares in Yingjie Chenhui Technology. Wang Huajun and others said in this regard that the company has close cooperation with leading domestic customers. We expect the RF power supply for the etching machine to be more difficult than the power supply for CVD equipment, and the barriers are higher. The company is one of the few domestic companies with the ability to deliver power supplies for etching machines, and the leading advantage is obvious.
In addition, during research by the reception agency on March 12, Yingjie Electric said that the company attaches great importance to the expansion of overseas markets for charging piles. In 2024, the overseas market increased sales of DC charging piles on top of the original AC charging pile sales. The company's DC charging piles have their own unique technology and have obtained foreign patent authorizations. If the marketing goes well, it may be an important growth point for overseas market sales in 2024.
Huafeng Measurement and Control, a leading domestic semiconductor testing machine leader, is the main platform supplier in the field of simulation testing for the three major domestic semiconductor packaging and testing manufacturers. The company's products are mainly used for testing integrated circuits such as analog, digital-analog hybrid, discrete devices, and power modules. Huajin Securities Sun Yuanfeng and others reported on March 25 that from March 20 to March 22, SEMICON China 2024 was held at the Shanghai New International Expo Center. Among them, various equipment such as Huafeng Measurement and Control STS8200PIM, STS8300, and STS8600 were exhibited. Sun Yuanfeng and others said that the new generation of Huafeng Measurement and Control targets the SoC testing machine STS8600. The model uses a new software architecture and distributed multi-station parallel control system, has more test channels and higher test frequency, and is equipped with a water-cooled cooling system to further improve the Huafeng Measurement and Control product line, broaden the range of products that can be tested, and provide strong support for its long-term development.
Anjie Technology specializes in consumer electronics precision functional devices and other products. The company once said on an interactive platform that the shipment volume and revenue scale of VR, AR, and MR related products are constantly growing. Furthermore, the company cooperates with Xiaomi mainly on products such as small smartphone metal parts and large metal parts. Anjie Technology announced on March 28 that net profit for 2023 increased by 30.77% year-on-year to 308 million yuan, and plans to pay 3 yuan for 10. According to a research report by Li Jiu of Northeast Securities on February 16, Anjie Technology is deeply tied to two major North American customers. After more than ten years of in-depth cooperation with Apple, the company's products have covered all categories of Apple. Currently, Apple is still the company's largest customer. Anjie Technology has further established in-depth cooperation with Tesla, the number one manufacturer in the field of new energy vehicles, to supply components and parts for various models. The two North American customers account for more than 50% of the company's total revenue.
Lixin Micro is committed to the development and sale of analog chips. It provides customers with efficient power management solutions through high-performance and high-reliability power management chips, and actively lays out signal chain chips and high-precision Hall chips. The company is deeply involved in consumer electronics, while actively expanding market fields such as industrial control, medical electronics, automotive electronics, and network communications. Lixin Micro announced on February 25 that total revenue in 2023 was 887 million yuan, up 15.6% year on year; net profit was 200 million yuan, up 36.87% year on year. He Lizhong of Pioneer Securities pointed out in a previous research report that Lixin's micro terminal customers already cover well-known domestic and foreign consumer electronics brands such as Samsung, Xiaomi, LG, Wingtech, and Haier, and serve well-known automobile customers such as BYD and Hyundai. It is worth noting that Huafeng Measurement and Control and Lixin Micro, which are also chip concept stocks, have accumulated the biggest cumulative stock price declines of 71.33% and 55.56% since last year's highs, respectively.