Financial Services Association, May 1 (Editor Ga Chen) With the disclosure of the 2024 A-share quarterly report, the “national team” position situation was also revealed. Choice statistics show that at the end of the first quarter of this year, the “national team” appeared on the list of the top ten tradable shareholders with 295 individual shares, holding a total of 686.83 billion shares, and the total market value of shares held at the end of the period reached 4178.369 billion yuan.

Judging from the market value of positions, the “National Team” recently held 27 individual stocks with a market value of more than 10 billion yuan in the first quarter. Among them, the market value of China Construction Bank, Bank of China, Industrial and Commercial Bank, and Agricultural Bank exceeded 100 billion yuan, which were 1036.272 billion yuan, 911.313 billion yuan, 691.70 billion yuan, and 631,783 billion yuan, respectively. See the figure below for details:

In terms of increasing holdings, the “National Team” increased its holdings by 17 shares in the first quarter, with 6 shares increasing by more than 10 million shares, namely Sichuan Luqiao (35.67 million shares), Binjiang Group (28.45 million shares), Denghai Seed Industry (increased its holdings by 18.13 million shares), Baoxin Energy (increased its holdings by 15.21 million shares), North China Pharmaceuticals (increased its holdings by 13.67 million shares), and Anhui Heli (increased its holdings by 10.42 million shares). In addition, Binjiang Group, Beixin Building Materials, Jiajiayue, and Weiteng Electric are all new stocks of the “National Team” in this issue. See the figure below for details:

Binjiang Group, whose main business is real estate development and extended business operations, received the latest “National Team” position with a market value of 191 million yuan. According to the first quarterly report of Binjiang Group, Binjiang Group was heavily held by Central Huijin Asset Management Co., Ltd., ranking as the company's tenth largest tradable shareholder. Binjiang Group announced on April 26 that net profit attributable to owners of the parent company in the first quarter was 660 million yuan, an increase of 17.84% over the previous year. Bank of China Securities Xia Yifeng and others said in a research report released on April 30 that Binjiang Group's sales target for 2024 is over 100 billion yuan, accounting for 1% of the total scale of the industry, and is ranked within 15 in the country. As the leading real estate enterprise in Zhejiang, Binjiang Group adheres to deep regional cultivation and fully enjoys the dividends of the Zhejiang market. The 2024Q1 sales ranking is among the top ten in the industry. Binjiang Group is financially stable, maintains its green advantage, has smooth financing channels and abundant cash. Against the backdrop of tight liquidity in the industry and frequent credit risks of private enterprises, Binjiang Group's financial security and financing costs are comparable to those of central state-owned enterprises, maintaining a strong advantage in industry clean-up.

The main business is Beixin Building Materials, which focuses on the three major product systems of gypsum board, waterproof systems, and coatings, and has obtained the latest market value of 276 million yuan from the “National Team”. According to the first quarterly report of Beijing Construction Materials, Beijing Construction Materials was heavily held by China Securities Finance Co., Ltd., ranking the company's tenth largest tradable shareholder. Beixin Construction Materials announced on April 26 that net profit attributable to owners of the parent company in the first quarter was 822 million yuan, an increase of 38.11% over the previous year. Zhao Junsheng of Dongxing Securities said in a research report released on April 30 that the company realized the conversion of monetary capital into excellent assets through the cash acquisition of Garbaoli, and the profit level of the assets was raised. The annualized return on total assets for the first quarter of 2024 was 11.22%, an increase of 2.18 percentage points over the previous year.

Jiajiayue, which operates a supermarket chain whose main business is the supermarket chain, obtained the latest market value of the “National Team” holdings reached 36 million yuan. According to Jiajiayue's quarterly report, Jiajiayue received heavy holdings in the Huaxia Fund-Central Huijin Asset Management Co., Ltd. - Huaxia Fund-Huijin Asset Management Single Asset Management Plan, ranking as the company's tenth largest tradable shareholder. Jiajiayue announced on April 19 that net profit attributable to owners of the parent company in the first quarter was 147 million yuan, an increase of 7.1% over the previous year. He Fuli of Tianfeng Securities said in a research report released on April 25 that in '24, the company will continue to seize stock to improve the quality and efficiency of stores; at the same time, accelerate the development of new business formats such as Haohuixing Discount Store and Yue Ji Snack Store, focusing on developing franchises and optimizing the single-store model. In terms of products, we will use the base as the core to build an integrated international and domestic fresh food supply chain system.

The main business is the three major businesses of power distribution equipment, new photovoltaic materials, and energy storage systems, Weiteng Electric obtained the latest “National Team” position with a market value of 13 million yuan. According to the first quarterly report of Weiteng Electric, Weiteng Electric received heavy holdings in the Huaxia Fund-Central Huijin Asset Management Co., Ltd. - Huaxia Fund-Huijin Asset Management Single Asset Management Plan, ranking the ninth largest tradable shareholder of the company. Weiteng Electric announced on April 26 that net profit attributable to owners of the parent company in the first quarter was 35.296 million yuan, an increase of 165.64% over the previous year. Deng Yongkang of Minsheng Securities and others said in a research report released on April 28 that Weiteng Electric's Q1 performance exceeded expectations, and the three major sectors developed collaboratively. After entering 24 years, Weiteng Electric's complete equipment and transformer business began to expand. In 24Q1, the revenue scale of this business exceeded the whole of 24 years.