Strong first-quarter performance surges, igniting the market!

Today (April 8), the main market indexes opened sharply higher across the board. The SSE Composite Index opened up more than 1%, and the STAR 50 Index and the ChiNext Index opened up more than 3%.

On the trading front, gold stocks opened significantly higher. Western Mining and Gold hit the daily limit, XiaoCheng Technology surged more than 9%, and Shanjin International, Shandong Gold, Zijin Mining, and others were all up more than 5%.

Airport and shipping stocks generally jumped sharply. China West Air hit the daily limit, China Eastern Airlines once hit the daily limit, and Spring Airlines, China Southern Airlines, China National Aviation, and others were among the top gainers.

The concept of computing power leasing surged. Hangyun Technology and ProLink Information hit the “20cm” daily limit. Oriental Guoxin, UCloud Group-W, and others rose more than 10%, while Hanggang Shares, Dawei Technology, OReid, and others also hit the daily limit.

Stocks with strong performance in the first-quarter earnings growth were particularly active. Today, Shanno Silicone Creative, which disclosed a first-quarter performance forecast, opened up 18%. Western Mining and Gold opened with a “one-word” daily limit early in the session, and Dongshan Precision also hit the daily limit strongly.

The oil and gas exploration and services sector opened sharply lower. Zhunyou Shares, Blue Flame Holdings, Zhongman Petroleum, and others all hit the daily limit on the downside. The coal mining and processing sector weakened, with stocks such as China Coal Energy, Jincheng Coal Industry, and Yanzhou Coal Energy all falling by larger margins.

First-quarter results: Many companies saw a dramatic surge

As first-quarter reports kicked off, today a total of 3 companies released their first-quarter reports. For Wolva Pharmaceutical, first-quarter operating revenue was 219 million yuan, up 0.55% year over year; net profit was 36.6487 million yuan, up 60.32% year over year.

For Hygon Information, first-quarter operating revenue was 4.03B yuan, up 68.06% year over year, while net profit was 687 million yuan, up 35.82% year over year. The company said that driven by the dual impact of the AI computing power boom and the upgrade of digital infrastructure, market demand has continued to grow. The company has focused on the general computing and artificial intelligence computing markets, achieving rapid technological upgrades, accelerating product iterations, and significantly improving product performance. It has a competitive edge in the high-end chip market, has continued to maintain market leadership, and has driven growth in operating revenue and net profit.

*ST Yunwang’s first-quarter operating revenue was 26.3803 million yuan, down 4.31% year over year; net profit posted a loss of 7.3111 million yuan, compared with a loss of 6.4273 million yuan in the same period last year.

CETC Star, Baolong Chuangyuan released first-quarter performance briefings. Their year-over-year increases in net profit for the first quarter were 20.88% and 48.11%, respectively.

Earnings previews were also disclosed in dense volume. Today, 14 companies released their first-quarter performance forecasts, including 13 with expected increases and 1 with expected declines. Based on the upper bound of net profit growth rate, net profit growth exceeded 100% in the first quarter for 9 companies.

Shanno Silicone Creative’s first-quarter net profit increased 6714.72%–8747.18% year over year, with a significant improvement in profitability, mainly benefiting from continuously rising prices of enterprise storage products.

Western Mining and Gold’s first-quarter net profit increased 1797.16%–2260.91% year over year. The growth mainly came from increases in sales volume of gold products compared with the same period last year, higher selling prices compared with the same period last year, and higher sales prices of electrolytic manganese compared with the same period last year.

New stock watch: 2 new listings; Shangshui Intelligent applies for today’s subscription

Today, there are 2 new stocks listed: N Hongban on the Main Board of the SSE, and N Chen’guang on the NEEQ.

N Hongban listed today with an opening price of 52.00 yuan, up 193.79%. The company focuses on R&D, production, and sales of printed circuit boards. Its product positioning is for the mid-to-high-end application market. It is one of the companies in the industry with a relatively high revenue share from HDI boards, and it is capable of mass-producing any interconnect HDI boards and IC carrier boards.

N Chen’guang opened at 30.00 yuan, up 93.55%. The company specializes in the R&D, production, and sales of micromotors. Its products are mainly used in the cleaning appliance sector led by vacuum cleaners.

Shangshui Intelligent, listed on the ChiNext, has opened its subscription today. The company’s total number of shares issued this time is 25 million shares, including 6 million shares for online issuance. The subscription code is 301513, and the subscription price is 26.66 yuan. The issue price-to-earnings ratio is 18.02 times. The company is deepening its focus on the intelligent equipment industry. Currently, it mainly serves the manufacturing of new energy battery anode/cathode foils and the preparation of new materials. It specializes in the R&D, design, production, and sales of intelligent equipment that integrates process capabilities.

21 stocks: leveraged funds added positions with gains of over 100 million yuan each

As of April 7, the total outstanding balance of margin financing in the market was 2.57 trillion yuan, up 25.7k yuan from the prior trading day.

Looking at individual stocks, on April 7, 1,778 stocks received net purchases through financing; 347 of them had net purchase amounts exceeding tens of millions of yuan. Among them, 21 stocks had net financing purchase amounts all exceeding 100 million yuan.

Jijing Xuchuang had the largest net financing purchase amount, with a net buy of 977 million yuan that day. Next were CNPC Capital and Fuqi Technology, with net financing buy amounts of 275 million yuan and 271 million yuan, respectively. Stocks with top net financing purchase amounts also include Contemporary Amperex Technology, Baogang Shares, Sunshine Power, and others.

By industry statistics, among the stocks where financing clients’ net purchases were all more than 100 million yuan, the most concentrated sectors were electronics and communications. There were 6 stocks in electronics and 5 stocks in communications on the list.

13 companies disclosed shareholders’ share reduction plans

On April 8, 13 companies released share reduction plans, including HanShuo Technology, Huangshanghuang, Shengke Nano, and others among those with relatively higher intended reduction proportions.

Statement: All information content from Data Treasure does not constitute investment advice. The stock market involves risk; investors should be cautious.

Proofread by: Zhao Yan