DZ20240402

 

Industrial Economy

*Ministry of Agriculture and Rural and other 4 departments jointly issued the “Notice on Carrying out Special Disciplinary Actions for Severely Criticizing Illegal Crimes of Meat Products”, which pointed out to investigate and punish the production of counterfeit meat products.

*NDRC and other 3 departments jointly issued notice on organizing the “Traditional Village Control Wind Action”, which pointed out that during the “14th Five-Year Plan” period, a batch of wind power projects will be developed and utilized locally and nearby in rural areas that meet conditions.

 

Co Focus

*SOKON (601127 CH): March retail sales of NEV reached 27,730 units, up 225.81% y/y, with the SOKON auto retail sales reached 24,986 units, up 579.15% y/y.

 

Financial

*The Shanghai Branch of the PBoC and other 8 departments jointly issued the notice on “Launching the Shanghai Financial Support for Private High-Quality Economic Development Service Month”, which pointed out to increase credit investment for private enterprises and further optimize the financial service environment for private enterprises.

 

Company Announcements

Major Events

-BYD (002594 CH): March retail sales of NEV reached 302,500 units, compared to the same period last year with sales of 207,100 units, the cumulative sales of NEV this year were 626,300 units, up 13.44% y/y.

 

2023 Earning Reports

Ups

-JINJIANG HOTELS (600754 CH): net income cny 1.002bn, up 691.14% y/y. It plans on cash div 5yuan per 10 shrs.

-SEP (600021 CH): net income cny 1.593bn, up 376.56% y/y. It plans on cash div 2yuan per 10 shrs.

-YTCO (600066 CH): net income cny 1.817bn, up 139.36% y/y. It plans on cash div 15yuan per 10 shrs.

-TOPWAY (002238 CH): net income cny 125mio, up 13.54% y/y. It plans on cash div 1yuan per 10 shrs.

-WMM (002149 CH): net income cny 196mio, up 5.96% y/y. It plans on cash div 1.5yuan per 10 shrs.

-EVERGREEN NEW MATERIAL TECHNOLOGY (603125 CH): net income cny 213mio, up 11.5% y/y. It plans on cash div 2.3yuan per 10 shrs.

 

Downs

-CAPCHEM (300037 CH): net income cny 1.011bn, down 42.5% y/y. It plans on cash div 6yuan per 10 shrs.

-USISH (601231 CH): net income cny 1.948bn, down 36.34% y/y. It plans on cash div 2.7yuan per 10 shrs.

 

*Margin Trade

 

*Connection Trade Suspended

 

*Index Futures

 

*Index Options

 

*Treasury Futures

 

*Night Session Commodities Market (As of 02:30 am)

 

* Commodities (night session):

* Global crude oil price closed up collectively. May NYMEX crude oil contract up 0.99% to closed at $83.99/b, June Brent contract up 0.84% to closed at $87.73/b. INE crude oil active contract up 0.33% to 646.9 yuan/b.

* Precious metals closed mixed, COMEX gold active contract up 1.52% and closed at $2272.5/oz. SHFE gold active contract down 0.21% and closed at 531.20 yuan/gram.

* Metals closed up mostly, SHFE nickel up 2.10%, SHFE tin up 1.04%, SHFE zinc up 0.53%, SHFE lead down 1.17% on the contrast.

* Commodity futures closed up collectively, chemistry and energy products closed up mostly, LPG up 2%, methanol up 1.16%, wood pulp up 1.14%, glass up 1.09%. Black series closed up collectively, iron ore up 3.89%, hot-rolled coil up 3.03%, steel rebar up 2.26%. Agricultural products closed up mostly, RBD palm olein up 1.07%.

 

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