The main logic: the first batch of genetically modified corn and soybean seed production and business licenses were approved and issued;
Driver: Policy-driven
On December 26, the Ministry of Agriculture and Rural Affairs announced No. 739 to hang the net, in accordance with the "Seed Law of the People's Republic of China", "Regulations on the Safety Management of Agricultural Genetically Modified Organisms" and "Measures for the Administration of Crop Seed Production and Operation Licenses" and other relevant regulations, approved the issuance of crop seed production and operation licenses for Beijing Lianchuang Seed Industry *** and other enterprises.
According to the above documents, 26 enterprises have obtained genetically modified corn and soybean seed production and operation licenses, including Beijing Lianchuang Seeds, Hebei Xuntian Seeds, and Hubei Huimin, subsidiaries of Longping Hi-TechBeijing Dabeinong Biotechnology, a subsidiary of Dabeinong, Beijing Chuangxin Technology, Beijing Fengdu Hi-Tech Seed Industry, Yunnan Datian Agriculture, Denghai Seed Industry, and Denghai Seed IndustryHenan Jinyuan Seed Industry;China Seed Group *** Fengle Seed Industry (000713SZ) Sichuan Tonglu Agriculture*** and so on.
Driven by the dual drive of import substitution of domestic agricultural products and the gradual implementation of genetically modified policies, the commercialization of domestic genetically modified products has taken advantage of the wind. According to the results of the previous pilot test, China's genetically modified corn can increase the yield by 67%~10.7%, which significantly reduces the cost of insect control. [People's livelihood**: The breeding and storage cycle is reversed, and transgenic breeding ushers in a new chapter].
Main logic: The five departments jointly issued implementation opinions to accelerate the construction of a national integrated computing power network.
Driver: Policy-driven
The National Development and Reform Commission, the National Data Administration, the Cyberspace Administration of China, the Ministry of Industry and Information Technology, and the National Energy Administration jointly issued the "Implementation Opinions on In-depth Implementation of the "Eastern Data and Western Computing" Project and Accelerating the Construction of a National Integrated Computing Network. It is proposed that by the end of 2025, a comprehensive computing infrastructure system will take shape. The new computing power in the national hub node area accounts for more than 60% of the new computing power in the country, and the utilization rate of computing power resources in the national hub node significantly exceeds the national average.
In the future, the construction of the national computing network will form a core force dominated by the national team, which will comprehensively drive the development of computing power optimization, computing power scheduling, optical communication, and liquid cooling in China. [Guosheng**: National integrated computing power network, computing power scheduling and upgrading].
The main logic: Wenjie M9 exceeded 10,000 units within 2 hours of its launch;
Driver: Event-driven
On December 26, Yu Chengdong, Executive Director of Huawei, CEO of Device BG, and Chairman of Intelligent Vehicle Solution BU, officially released the first panoramic smart flagship SUV, the M9. Within two hours of its official launch, it was set to exceed 10,000 units.
The configuration of the M9 is not inferior to the ideal L9 of the competition, but the ideal L9 ** segment is 4298-45.980,000 yuan, which is a gap with the M9. Considering that the Ideal L9 may usher in a new generation next year, as well as the preferential situation of the Ideal L9 terminal, we expect that the M9 is expected to replicate the sales of the Ideal L9, but it will not have a big impact on the sales of the Ideal L9, but the two will jointly seize the share of joint venture high-end brands. Therefore, we are optimistic about the revenue elasticity of Huawei's first-chain enterprises, and Huawei's first-chain enterprises such as Xingyu Co., Ltd., Baolong Technology, Huayang Group, and Mingxin Xuteng are worth paying attention to. [Shenwan Hongyuan: Wenjie M9 Press Conference Comments: Wenjie's new flagship made a wonderful debut, and Chinese brands joined hands to break through the luxury market].
4. HarmonyOS operating system
Main logic: Huawei insiders say that the HarmonyOS on PC is nearing completion;
Driver: Event-driven
According to Huawei, in addition to the mobile phone HarmonyOS, the PC side of the HarmonyOS operating system is close to completion. Previously, Orange Pie announced that the orange pios(OH) customized research and development based on OpenHarmony will be released soon, and it will be the first to launch the open source HarmonyOS system on the PC side, which has been adapted to the main functions of the system and can meet the basic office and entertainment needs.
With its microkernel, distributed, cross-instruction set and cross-device collaboration and other innovative technical features, HarmonyOS has been smoothly applied in mobile phones, tablets, wearable devices, IoT devices, smart cars and other terminals, and provides users with an efficient and convenient user experience. The return of Huawei's mobile phones and the release of the HarmonyOS Next system will drive the penetration rate of HarmonyOS (including open-source HarmonyOS) in smart devices to continue to increase.
The main logic: China successfully launched two Beidou navigation satellites;
Driver: Event-driven
China successfully launched the first Beidou navigation satellite at the Xichang Satellite Launch Center with the Long March-3B carrier rocket and the upper stage of Yuanzheng-1. This group of satellites is a medium-circle earth orbit satellite (MEO satellite), which is the first group of MEO satellites launched after the completion and opening of China's Beidou-3 global satellite navigation system.
Beidou products are used in more than half of the countries and regions in the world, and the application fields are constantly expanding. As of the first half of this year, the comprehensive development index of China's Beidou industry was 1312 points, compared with the first year of the Beidou industry
250 points in 2013 saw an increase of more than 424%. As of the first half of this year, the total number of applications of various types of Beidou terminal equipment in China was close to 23 million sets, a year-on-year increase of 4693%。The penetration rate of Beidou applications is more than 50%. [Huajin**: Beidou officially joined international civil aviation, and the world's first Internet trunk line was opened].
Main logic: Huawei released the first Starlight set;
Driver: Event-driven
Huawei held a winter all-scenario press conference and officially released the Huawei MatePad Pro 132-inch Collector's Edition, Huawei MatePad Pro 13The 2-inch Starlight Bundle, the HUAWEI MatePad Pro 11-inch StarFlash Bundle, and the industry's first StarFlash keyboard, HUAWEI Smart Magnetic Keyboard (StarFlash, Edition), are also brought at the same time.
Compared with the existing Bluetooth and WiFi technologies, Starlink has many performance advantages, and is expected to take the lead in realizing commercial implementation in smart cars, smart terminals, smart homes, and smart manufacturing scenarios. [Guotai Junan: Starlight accelerates the Internet of Everything and helps wireless communication of intelligent driving vehicles].
Lightning protection] lightning protection early know: two-board synthetic biology faucet issued a risk warning;Guolian shares were filed by the Securities Regulatory Commission.
Announcement] Good announcement: Transsion Holdings expects annual net profit to increase by more than 120% year-on-year;Estun plans to introduce a national manufacturing industry**.
The State Administration of Radio and Television approved the establishment of the "Key Laboratory of UHD Technology Innovation and Application of the State Administration of Radio and Television" in Huawei Technologies
Cross-border e-commerce] Fast fashion company Shein and Temu, a cross-border e-commerce platform owned by Pinduoduo, have surged in the number of packages shipped to customers in the United States, almost on par with several well-known retailers in the United States.
Big Data] The two departments issued a number of documents such as the "Database ** Procurement Demand Standard (2023 Edition)".
Hengqin] The Ministry of Commerce of the People's Republic of China issued opinions on supporting the relaxation of special measures for market access in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin.
The main logic: phosphate rock ** continued to tighten at the end of the year;
Driver: Supply driven
The short-term demand for phosphate rock is weak and stable;Towards the end of the year, due to the comprehensive impact of weather, safety inspections and other factors, in mid-to-late December, some companies may have plans to stop mining, phosphate rock or further tightening, and the transaction will remain high.
Recently, the demand for downstream phosphate fertilizer has loosened, and the company has started to complete the preliminary orders steadily, and the demand for phosphate rock has been weak and stable in the short termTowards the end of the year, due to the comprehensive impact of weather, safety inspections and other factors, in mid-to-late December, some companies may have plans to stop mining, phosphate rock or further tightening, and the transaction will remain high. [Open source**: The phosphate rock boom is maintained at a high level, and the profitability of high-quality phosphate rock resources supporting enterprises may gradually improve].
The main logic: the price of tap water in Shanghai has risen;
Driver: Policy-driven
A price increase letter issued by Shanghai Nanhui Water Supply Company flowed out on the Internet, and the unit price of water charges for the first, second, and third tiers was significantly increased, and the sewage treatment fee was also increased by 145 yuan m to 2 yuan cubic meters.
At present, the valuation of water companies in overseas markets is generally higher than that of A-share water companies. As of November 3, 2023, Veolia PE (TTM) reached 268X, the US water industry PE (TTM) reached 275x；As of November 3, 2023, the PE (TTM) of Hongcheng Environment, Xingrong Environment, and Chongqing Water were 87x/9.6x/15.9x。The U.S. water industry relies on price increases and efficient operationsIn the past 10 years, the company has achieved both performance and stock price growth。[Huachuang**: Comparison of domestic and foreign listed water companies].