【光大研究每日速递】20250409

Group 1: Basic Chemicals - DuPont is under antitrust investigation in China, which may accelerate the domestic substitution process for ion exchange resins, particularly in the industrial water treatment sector [4] Group 2: Pharmaceuticals - The U.S. government announced a 34% tariff on all imports from the U.S. to China, which is expected to benefit domestic high-end medical device manufacturers as they continue to replace imports [5] Group 3: Automation Equipment - Bozhong Precision Engineering is a leader in 3C automation equipment, having delivered over 40 flexible modular production lines in 2023, and is expected to benefit from product innovation and increased automation rates in the consumer electronics sector [6] Group 4: Property Management - Poly Property reported a revenue of 16.34 billion yuan in 2024, an 8.5% increase year-on-year, with a net profit of 1.47 billion yuan, reflecting a 6.8% growth [7] Group 5: Electronic Materials - Nanda Optoelectronics achieved a revenue of 2.352 billion yuan in 2024, a 38.08% increase year-on-year, driven by significant growth in precursor sales [8] Group 6: Cement Industry - Huaxin Cement accelerated its international expansion, achieving revenue growth despite a downturn in the domestic cement industry, and plans to increase capital expenditure significantly in 2025 [9] Group 7: Network Solutions - StarNet Ruijie reported a revenue of 16.758 billion yuan in 2024, a 5.35% increase year-on-year, with a notable improvement in gross margin in Q4 [10]