In 2025, the national Railroads are expected to put into operation new lines totaling 2,600 kilometers, and rail transit equipment is likely to continue its high prosperity state.
① According to the National Railways Group, the goal is to fully complete the national railway investment task by 2025, to promote key national projects with high quality, aiming to achieve Infrastructure investment of 590 billion yuan and put into operation 2,600 kilometers of new lines. ② HTSC's Ni Zhengyang pointed out that the Railroads equipment Industry will maintain stable growth in new demand until 2028, with gradual updates and renovations progressing in a high prosperity state, recommending attention to leading companies.
Operating performance did not meet expectations, Chengdu Haoneng Technology offers a 90% discount on the sale of 34% equity in Aerospace Shenkun | Quick read announcement.
① Just three years in, Chengdu Haoneng Technology couldn't wait to "sell off" Aerospace Shenkun, with the transfer price being only 10.81% of the initial investment; ② While effectively cutting off "one wing" in the commercial aerospace field, Chengdu Haoneng Technology continues to increase its investment in aviation aerospace components.
Encourage social capital to participate in Railroads construction and Operation. The Railroads Industry is expected to welcome a high prosperity cycle.
① The General Office of the Communist Party of China and the General Office of the State Council issued an opinion on accelerating the construction of a unified and open Transportation market. It mentions encouraging and guiding social capital to legally and properly participate in Railroads construction and Operation; ② Southwest Securities Research Reports point out that with the accelerated replacement of equipment, increased maintenance of high-speed trains, and improvement in the bidding and delivery of new locomotives, Railroads equipment is experiencing a new prosperity cycle.
A consortium including CRRC Corporation has won a $5.6 billion contract for metro construction in Dubai.
① The new metro contract in Dubai has been awarded to a consortium of Turkish and Chinese companies, with CRRC Corporation responsible for the railroads system; ② The blue line spans a total length of 30 kilometers, has three transfer stations, and upon completion, will cross the Dubai River for the first time through a 1300-meter-long bridge; ③ The blue line project is expected to generate a benefit-cost ratio of 2.60 by 2040, with anticipated total revenues exceeding 56.5 billion dirhams.
The global auto chip innovation conference is about to be held, and the demand for auto chips in China is expected to continue growing.
① The China Automotive Industry Association announced that the 2024 Global Auto Chip Innovation Conference, co-hosted by the China Automotive Industry Association and the China Automotive Industry Economic and Technological Research Institute Co., Ltd., will be held in Wuxi from December 5th to 6th. ② HTSC's Xie Chunsheng is bullish on the continued growth of demand for auto chips in China.
【Data Observation】The trading volume of siasun robot&automation etf has increased significantly, with speculative funds and algo collaborating to scoop up gosuncn technology group.
1. Siasun Robot&Automation ETF (562500) trading volume increased by 49% compared to last Friday, and the ETF trading volume has significantly increased for two consecutive trading days. 2. Asia Vets concept stocks Gosuncn Technology Group received buy orders totaling nearly 0.3 billion yuan from four A-share leading institutional investors, and also received buy orders exceeding 70 million yuan from a algo institutional investor.