Judging from the disclosed company performance forecast, the comprehensive recovery of the machinery industry has been further confirmed. As of July 27, 2018, among the constituents of the mechanical CI005010.WI index, there were 254 companies that have released interim results forecasts and express reports, of which: 185 companies achieved performance forecast growth year-on-year, accounting for 72.8% of 69 companies' performance. The forecast fell year-on-year, accounting for 27.2%.
In terms of sub-sectors, industries such as semiconductors, lasers, automation, and new energy industries continue to prosper, and construction machinery and coal machinery in the traditional equipment industry continue to recover. Companies such as Ruike Laser, McGomit, Hongya CNC, Zhejiang Dingli, Jerry, Jingshen Electronics, Times New Materials, etc., which we focus on, have achieved good growth. Looking forward to the second half of 2018, in the context of the global economic recovery, the demand side of the industry is expected to continue to pick up, and the business situation of the company is expected to further improve.
Industry Investment Strategy: Investing in New Economy - Laser, Nuclear, Automation, New Energy, Semiconductor
Laser: Laser equipment replaces traditional equipment is the main driving force of the industry. It is an inevitable trend for domestic enterprises to break through and gradually localize to high-power products. The domestically recommended fiber laser faucet Ricoh laser is recommended.
Nuclear power: The big country heavy equipment, AP1000 approved for loading, three generations of units are expected to restart. It is recommended to recommend Taihai Nuclear Power, Jiangsu Shentong, Yingliu Shares, etc. Automation: The foundation of manufacturing upgrade lies in the popularization of automation. The basic link of automation is the improvement of robot penetration rate. The machine substitution is unstoppable in the manufacturing process. The core components are self-controllable and the import substitution industrialization opportunities are close at hand. Focus on Estonia, double-loop transmission and so on.
New energy: The trend of electrification is still worth looking forward to for a long time. After one year of silence, the re-large-scale bidding of CATL and the eventual catalysis of LG domestic construction have also appeared one after another. The market of lithium battery is expected to usher in the second half of the year. Focus on the leading intelligence of the equipment leader.
Semiconductors: China is the world's largest semiconductor consumer market. With the gradual transfer of production capacity to China and the establishment of a favorable policy environment created by the state's support, China's semiconductor equipment industry chain companies have ushered in excellent development opportunities, with a focus on recommending North China Huachuang and Changchuan. Technology, to pure technology.
Excellent good company: subdivided invisible champion, relying on solid products, perfect management, and the spirit of contact to continuously break through, products from low-end to high-end, market from domestic to overseas, recommend Zhejiang Dingli, Jack shares, Hongya CNC, etc. .