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高技术制造业宏观周报:国信周频高技术制造业扩散指数降幅持平
Guoxin Securities·2025-03-20 14:00

Economic Indicators - The Guosen Weekly High-Tech Manufacturing Diffusion Index A recorded -0.2, unchanged from the previous week[1] - The Guosen Weekly High-Tech Manufacturing Diffusion Index B is at 51.6, showing a slight decline from the last period[1] - Fixed asset investment cumulative year-on-year growth is at 4.10%[5] - Retail sales year-on-year growth for the month is at 3.70%[5] - Monthly export year-on-year growth is at -3.00%[5] - M2 growth rate is at 7.00%[5] Price Trends - The price of 6-Aminopenicillanic Acid is stable at 320 RMB/kg[2] - The price of Acrylonitrile decreased by 200 RMB/ton to 8700 RMB/ton[2] - The price of Dynamic Random Access Memory (DRAM) increased by 0.009 USD to 0.7810 USD[2] - The price of Wafers rose by 0.06 USD to 2.50 USD[2] - The price of Lithium Hexafluorophosphate decreased by 0.1 RMB/ton to 60500 RMB/ton[2] - The Zhongguancun electronic product price index for LCDs remains unchanged at 91.04[2] Company Performance - Xiaomi Group reported a revenue of 365.91 billion RMB for 2024, a year-on-year increase of 35.0%[3] - In Q4 2024, Xiaomi's revenue surpassed 100 billion RMB for the first time, reaching 109.01 billion RMB, a 48.8% increase year-on-year[3] - Net profit for Xiaomi reached 27.2 billion RMB, up 41.3% year-on-year, with Q4 net profit at 8.32 billion RMB, a 69.4% increase[3] Policy Developments - On March 18, the National Development and Reform Commission and four other departments issued 17 specific measures to promote the high-quality development of the renewable energy green power certificate market[2] Risks - Potential indicators failure due to high-tech manufacturing development and structural adjustments[4] - Economic policy and industrial policy interventions pose risks[4] - Economic growth slowdown is a concern[4]