Huaxin Securities·2025-03-31 09:35Group 1 - The report highlights the macroeconomic outlook for April, emphasizing the need to be cautious of tariff impacts, recession trades, and liquidity disturbances, with a focus on performance recovery in A-shares and sector rotation [3][11][15] - The report identifies key sectors to watch, including performance recovery in agriculture, commerce, electronics, automotive, and home appliances, as well as cyclical price increases in non-ferrous metals, chemicals, steel, and photovoltaics [3][11][15] - The report suggests that A-shares are expected to experience fluctuations, with a gradual shift towards growth rebound opportunities once a stop-loss signal is confirmed in mid to late April [3][11][15] Group 2 - The report recommends ten key stocks for April, including Chipone Technology (688521.SH) in electronics, Maxinlin (688685.SH) in small caps, Zhejiang Rongtai (603119.SH) in new energy, and others across various sectors [4][10] - Chipone Technology is expected to see a turnaround in Q2 2024, with revenue projected to stabilize and significant growth in its chip design business, particularly in AI applications [16][18][19] - Maxinlin anticipates a revenue increase of 65.15%-76.39% in 2024, driven by new customer acquisition and growth in its computing power services [21][22][23] Group 3 - Zhejiang Rongtai is set to enhance its growth trajectory by acquiring a 51% stake in Shanghai Diz Precision Machinery, which will allow it to enter the humanoid robot core segment [26][27][28] - Jianghuai Automobile (600418.SH) is expected to benefit from its collaboration with Huawei, enhancing its competitiveness in the luxury market with the upcoming launch of the Zun Jie S800 model [32][33][34] - Chifeng Gold (600988.SH) reported a significant increase in revenue and net profit for Q3 2024, driven by effective cost management and production efficiency [36][37][38] Group 4 - Dongpeng Beverage (605499.SH) continues to show strong growth, with a 40.6% increase in total revenue for 2024, driven by expanding consumption scenarios and market share in energy drinks [40][41][42] - Juxing Agriculture (603477.SH) achieved a 50.43% revenue growth in 2024, supported by strong performance in its pig farming business, with expectations for continued capacity expansion [45][46][48] - China National Offshore Oil Corporation (600938.SH) reported a 6.26% increase in total revenue for Q3 2024, with a focus on cost control and stable cash flow despite market challenges [49][50][52]