北交所行业周报：北证专精特新指数即将发布，下周交大铁发上市-20250609

Investment Rating - The report maintains a positive outlook on the industry, suggesting a "Buy" rating for specific stocks and a focus on long-term investment value in the North Exchange market [38]. Core Insights - The North Exchange market has shown significant performance, with the North Certificate 50 Index increasing by 91.13% over the past year, outperforming the Shanghai and Shenzhen 300 Index [2][10]. - The upcoming launch of the North Certificate Specialized and Innovative Index on June 30, 2025, aims to provide diverse investment targets and performance benchmarks, reflecting the overall performance of specialized and innovative companies listed on the North Exchange [28][30]. - The report highlights the importance of focusing on companies with stable growth and reasonable valuations, particularly those with low valuations and thematic relevance [3][4]. Summary by Sections North Exchange Market Overview - As of June 6, 2025, the North Exchange A-share component consists of 266 stocks with an average market capitalization of 3.053 billion [10]. - The North Certificate 50 Index recorded a weekly increase of 1.30%, closing at 1427.06 points, while the Shanghai and Shenzhen 300 Index rose by 0.88% [10][21]. - The average daily trading volume for the North Certificate 50 was 24.834 billion, reflecting a decrease of 2.38% from the previous week [23]. Stock and Industry Performance - In the week from June 3 to June 6, 2025, 181 stocks rose, 81 fell, and 4 remained flat, indicating an overall increase rate of 68.05% [15]. - The top five performing industries were Computer, Oil and Petrochemical, Public Utilities, Media, and Textile and Apparel, with respective increases of 6.37%, 6.19%, 5.49%, 5.49%, and 5.08% [21][22]. New Stock Updates - No new stocks were listed this week, but one company, Shichang Co., submitted registration, and another, Jiaoda Iron and Steel, is set to be listed next week [26]. Announcements and Index Launch - The North Exchange will officially launch the North Certificate Specialized and Innovative Index, which will include the 50 largest companies based on market capitalization that meet specific criteria [28][30]. - The index aims to reflect the growth and innovation of "little giant" companies, with a total R&D investment of 1.79 billion in 2024, accounting for 5.6% of revenue [30]. Focused Companies and Earnings Forecast - Key companies highlighted for investment include Tongli Co. (Buy), Wuxin Tunnel Equipment (Buy), Kaide Quartz (Increase), and Hualing Co. (Increase) [5]. - Earnings per share (EPS) forecasts for 2025 indicate growth for these companies, with PE ratios suggesting favorable valuations [5].