财信证券：晨会纪要-20241203

Market Overview - The A-share market showed a positive trend with the Shanghai Composite Index rising by 1.13% to close at 3363.98 points, while the Shenzhen Component Index increased by 1.36% to 10756.55 points. The ChiNext Index rose by 1.42% to 2255.50 points, and the North Star 50 Index surged by 3.05% to 1321.62 points [5][11][19] - The total market capitalization of the Shanghai Composite Index is 637448 billion, with a price-to-earnings (PE) ratio of 11.74 and a price-to-book (PB) ratio of 1.25. The Shenzhen Component Index has a total market capitalization of 222144 billion, with a PE ratio of 21.94 and a PB ratio of 2.24 [5][11] Industry Dynamics - The cosmetics industry is undergoing a transformation, with the Shanghai Municipal Drug Administration holding a meeting to enhance confidence, promote innovation, and mitigate risks. The focus is on building a high-quality cosmetics industry ecosystem and improving brand competitiveness [20][22] - In the new energy vehicle sector, several companies reported record sales for November 2024. BYD achieved sales of 507,000 new energy vehicles, marking a year-on-year increase of 67.2% [23] Company Tracking - Weili Medical (603309.SH) has received approval for its innovative product, a disposable hydrophilic coated visible nasogastric tube, to enter the special review process for innovative medical devices. This product aims to enhance the accuracy of tube placement and reduce the risk of cross-infection [24] - Cap Bio (300639.SZ) has been granted a patent for a method of isolating placental trophoblast cells from cervical exfoliated cells, which will be applied in prenatal screening and diagnosis [25] - Xian Dao Intelligent (300450.SZ) has won two awards at the 2024 High-tech Lithium Battery Annual Meeting, recognizing its leadership in solid-state battery technology and innovation [28]