Indium Phosphide Wafer Prices Rise Due to Increased Downstream Optical Communication Market Demand; Small Metal Concept Stocks Hit Limit Up; Institutions Intensively Conduct Research on Related Listed Companies This Week

Cailian Press, March 22 (Editor: Xuan Lin) According to Choice data, as of today, a total of 118 listed companies in the Shanghai and Shenzhen markets have received institutional research visits this week. By industry, the sectors with the highest frequency of institutional research are electronics, machinery and equipment, and basic chemicals. Additionally, industries such as defense and military, non-ferrous metals, and others have seen increased attention.

In specific sub-sectors, auto parts, consumer electronics, and general equipment rank among the top three in institutional attention. Furthermore, industries like chemical products and optical optoelectronics have also seen increased focus.

Regarding specific listed companies, according to Choice data, Guangli Technology, Changlan Technology, Zoli Pharmaceutical, and Fulerjia have the highest number of research visits, each reaching 3 times. In terms of institutional visits received, Lanfan Medical, Hailianxun, and Dike Co., Ltd. rank the top three, with 148, 130, and 119 visits respectively.

In market performance, small metal concept stocks have been active this week. Yunnan Germanium Industry released a research summary on Thursday stating that due to increased downstream optical communication market demand and rising raw material prices, the price of indium phosphide wafers has recently increased. Currently, the company’s indium phosphide wafer capacity is 150,000 pieces per year (2-4 inches). The company’s controlling subsidiary, Yunnan Xinyao Semiconductor Materials Co., Ltd., has been supplying downstream customers in bulk and maintains long-term good cooperation and interaction with them.

In the secondary market, Yunnan Germanium Industry hit the daily limit up on Friday.

Baowu Magnesium Industry released a research summary on Friday stating that semi-solid magnesium alloy injection molding products can improve product porosity defects, to some extent increasing the strength of the product body material and the product itself. Meanwhile, the production cycle can be shortened by 20%-30%, further meeting market demands for lightweight and environmentally friendly large-sized high-quality magnesium alloy products. The company has established self-built semi-solid casting lines of 300 tons, 1,300 tons, 1,500 tons, and 3,500 tons at Nanjing Precision and Chongqing Boao, with equipment supplied by Yizumi and Haitian. Currently, the main products include automotive instrument panel brackets, steering brackets, trunk brackets, drone fuselage parts, and other components.

Hongxing Development released a research summary on Wednesday stating that rising sulfur prices will have a certain positive impact on the company’s profits. The company and its subsidiaries utilize hydrogen sulfide gas by-products from the production of barium salts and strontium salts to produce sulfur products. In 2023, the output was 34,000 tons, and in 2024, it is expected to reach 36,000 tons.