市场表现 -60 -50 -40 -30 -20 -10 0 10 20 (%) 金种子酒 沪深300 资料来源：Wind，华鑫证券研究 司 相关研究 1、《金种子酒（600199）：一季报 扭亏为盈，经营稳步改善》2024- 04-30 2、《金种子酒（600199）：一季报 同、环比扭亏，经营稳步改善》 2024-04-16 3、《金种子酒（600199）：种子老 酒添馥香，华润入驻启华章》2024- 02-25 2024 年 5 月 28 日，金种子酒召开公司 2023 年度股东大会。 公司持续打造核心竞争力，充分发挥公司的技术优势、香型 品类优势和品质优势，以做强底盘、做大馥合香，提质增效 再创新辉煌做为未来发展战略。产品端，公司重点打造核心 产品，即围绕馥合香和底盘单品进行重点打造；市场端，重 点将公司所在地阜阳打造成核心根据地市场，安徽市场份额 稳步回升；渠道端，与经销商共同成长，培育优质战略合作 伙伴。 ▌ 盈利预测 券 研 请阅读最后一页重要免责声明 2 证券研究报告 孙山山：经济学硕士，6 年食品饮料卖方研究经验，全面覆盖食品饮料行业， 聚焦饮料子板块，深度研究白酒行业等。曾就职于国信证券、 ...

证券研究报告 行业周报 关注资源型品种及上游产业链 医药行业周报 投资评级： 推荐 （ 维持 ） 报告日期： 2024年06月03日  分析师：胡博新 ...

证 券 2024 年 06 月 03 日 研 究 股权激励确定方向，稳健增长向前进 报 告 —安琪酵母（600298.SH）公司事件点评报告 买入(维持) 事件 分析师：孙山山 S1050521110005 2024 年 06 月 02 日，安琪酵母发布 2024 年限制性股票激励 sunss@cfsc.com.cn 计划（草案）。 投资要点 基本数据 2024-05-31 ▌发布股权激励计划，制定收入双位数增速目标 当前股价（元） 30.58 总市值（亿元） 266 公司拟授予限制性股票数量 1189 万股，约占公司股本总额的 总股本（百万股） 869 1.37%。激励对象包括公司董事、高级管理人员、核心技术人 员、管理骨干在内共 1006 人，授予价格为 15.41 元/股。业 流通股本（百万股） 866 绩考核目标为：2024-2026 年净资产现金回报率（EOE）不低 52周价格范围（元） 28.63-37.49 于 21.5%/22%/22.5%；以 2021-2023 年主营业务收入均值为 日均成交额（百万元） 213.78 基数，2024-2026 年主营业务收入增长率不低于 21%/33%/4 ...

报 投资要点二投资要点二投资要点二投资要点二投资要点二投 资要点二投资要点二投资要点二投资要点二投资要点二投资 要点二投资要点二投资要点二投资要点二投资要点二投资要 点二。 融 究 | --- | --- | |-----------------------------------|----------------| | | | | 分析师：吕思江 | S1050522030001 | | lvsj@cfsc.com.cn | | | 分析师：马晨 machen@cfsc.com.cn | S1050522050001 | 相关研究 1、《首批 3 只绿债基金提前结募， 推荐关注央企红利 ETF》2024- 06-02 2、《风险偏好回落短期转回高股 息》2024-05-27 3、《绿电 ETF 强势领涨， 豆粕 ETF 浮盈 6.61%》2024-05- 26 投资要点 上周 PCE 数据符合预期放缓，但联储偏鹰的预期管理仍导 致美十债反弹升至 4.6%，美股、新兴权益和贵金属均不同 程度受压制回调，但 6 月逆回购释放和缩表放缓带来的美 元流动性改善可期，重点关注欧日央行会议和月中的 FOMC 对新一轮全 ...

证券研究报告 行业周报 关注资源型品种及上游产业链 医药行业周报 投资评级： 推荐 （ 维持 ） 报告日期： 2024年06月03日  分析师：胡博新 ...

IPO Overview - As of May 31, only one company, Wanda Bearing, was listed this week, with a first-day price change of 5.05%[68] - In the period from April 26 to May 26, the highest first-day increase among newly listed stocks was 169.48% for Oulai New Materials[5] - The average weekly price change for two recently listed stocks was -5.92%, indicating a continued decrease in trading volume[5] Market Conditions - The IPO progress is below expectations, with risks from stock volatility and macroeconomic uncertainties highlighted[6] - As of May 31, there are 35 companies completed registration waiting to be listed, with 1 company in the issuance stage and 2 companies in the issued but not listed stage[38] Financial Performance - Wanda Bearing's first-day increase was 227.77%, with a total price change of 5.05% since listing[70] - Lian Technology, a precision injection molding manufacturer, has an issuance price of 28.30 CNY, with a market value of 1.592 billion CNY and a PE ratio of 22.40X[31] - Huicheng Vacuum, a vacuum coating equipment manufacturer, reported a revenue of 5.22 billion CNY in 2023, with a net profit of 0.81 billion CNY[32] Industry Insights - The domestic plastic products industry is maturing, with a significant market demand for injection molding products expected to grow[57] - The vacuum coating equipment manufacturing sector is experiencing rapid growth, driven by expanding applications in electronics and other high-end industries[60]

2024 年 06 月 02 日 ▌ 风险提示 证 究 报 告 策 研 | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

今日热点主题：虚拟电厂、低空经济、农业养殖 报 图表 6: 主力资金前一日净流入前十行业（万元） ▌ 证券投资评级说明 ▌ 免责条款 究 --鑫融讯 根据我们华鑫市场情绪温度指标监控显示：当前市场情绪综合评分为 32 分，市场情绪处于 "较冷"（指标含义可参考备注 5）。从最近一个月时间统计，我们发现在当前行情下，情绪值修复 至 50-60 分区间时，会出现修复阻力。 图表 1: 华鑫市场情绪温度指标 -42622 SW交通运输 SW石油石化 SW环保 SW建筑材料 SW机械设备 SW商贸零售 SW基础化工 SW电子 SW有色金属 SW电力设备 | --- | --- | --- | |-------|-------------|-------| | 20065 | SW 电子 | | | | | | | | SW 银行 | | | | SW 商贸零售 | | | | SW 非银金融 | | | | SW 煤炭 | | | | SW 石油石化 | | | | SW 综合 | | | | SW 交通运输 | | | | SW 建筑材料 | -85 | | | SW 通信 | -92 | 行业投资评级说明： 告 ...

证 券 研 究 报 告 行业周报 固态电池产业化持续提速，享界S9开启预订 新能源汽车行业周报 投资评级： 推 荐 （ 维 持 ） ...

Investment Rating - The report gives a "Buy" investment rating for the company, indicating a positive outlook for its stock performance in the coming year [12][14]. Core Insights - The company specializes in high-speed communication connectors and automotive connectors, with significant revenue contributions from both sectors. In 2023, the revenue from communication connectors and automotive connectors accounted for 50.97% and 31.16% of total revenue, respectively [12][14]. - The company is expected to benefit from the recovery in downstream demand, particularly in the communication sector, which has shown signs of improvement since Q3 2023. The first quarter of 2024 saw a revenue increase of 19.73% year-on-year [12][14]. - The company is actively developing new products, including the QSFP112G and QSFP-DD series, to meet the growing demands of the AI industry and high-speed interconnects [3][12]. Financial Summary - The company's revenue forecast for 2024 is projected at 941 million, with a growth rate of 37.8%. By 2025 and 2026, revenues are expected to reach 1,438 million and 1,809 million, respectively, with growth rates of 52.9% and 25.8% [27]. - The net profit for 2024 is estimated at 144 million, reflecting a significant recovery with a growth rate of 116.4%. The net profit is expected to continue growing to 195 million in 2025 and 215 million in 2026 [27]. - The diluted earnings per share (EPS) are projected to be 1.04, 1.41, and 1.55 for the years 2024, 2025, and 2026, respectively [27]. Market Position and Customer Base - The company has established strong partnerships with key clients such as Amphenol and Molex in the communication sector, and with Harbinger and Tyco Electronics in the automotive sector [12][14]. - The company is positioned to benefit from the supply chain of Nvidia's GB200 architecture, which is expected to ramp up production in the latter half of 2024 [37].