万和证券：万和财富早班车-20241127

Core Insights - The report highlights the ongoing adjustments in the A-share market, with major indices experiencing declines, indicating a need for market consolidation after recent rapid increases [6] - It emphasizes the importance of strategic investment focus on sectors with high growth expectations or potential turnaround opportunities for the upcoming year [6] Macro News Summary - Twelve departments have issued the "5G Scale Application 'Sailing' Action Upgrade Plan," indicating a push for 5G technology adoption [3] - A joint meeting was held by nine departments to promote technology innovation and loan support for technological upgrades [3] - The People's Daily reports on China's increasing openness, moving from a "negative list" to "zero tariff treatment" [3] Industry Dynamics - The report notes the opening of a 100,000 square meter low-altitude economic industry space in Beijing, with related stocks including JiaoKong Technology and Robot [4] - The new generation "blade battery" is being prioritized, with trademark applications for supercharging to address charging gaps, involving companies like BYD and HaiMuxing [4] Company Focus - Zhenxin Technology plans to invest 20 million to establish a wholly-owned subsidiary in Chengdu, aiming for intelligent transformation [5] - Tianshan Aluminum's Guinea bauxite project is set to ship domestically, significantly reducing raw material costs [5] - Weike Technology's project for "annual production of 2GWh sodium-ion batteries" is proposed to be delayed by one year [5] - Aopu Mai's CDMO business losses are expected to further decrease, with eight commercialized projects in the pipeline [5] Market Review and Outlook - On November 26, major indices experienced fluctuations, with the ChiNext index dropping over 1%. The report notes that the IP economy concept continues to rise, while the solid-state battery sector faced declines [6] - The report suggests maintaining strategic focus on growth sectors such as semiconductors, AI, and pharmaceuticals, as well as sectors showing potential turning points like securities, electric new energy, and consumer goods [6]