Recently, the State Council issued a number of policies to promote the high-quality development of integrated circuit industry and software industry in the new period. According to the policy, eight major policies are formulated to further optimize the development environment of integrated circuit industry and software industry, deepen international industrial cooperation, and improve industrial innovation ability and development quality. Among them, integrated circuit manufacturing enterprises or projects with integrated circuit width less than 28nm and operating period of more than 15 years are exempted from enterprise income tax from the first year to the tenth year.
in response, pan Helin, executive director of the Digital Economy Research Institute of Central South University of Finance and law, said in an interview with Securities Daily: “there is no doubt that the integrated circuit industry has ushered in new development opportunities. Due to the change of external environment, chip autonomy has become very urgent. Both the state and the enterprise need to make more efforts. It can be said that the “policy” is very timely at this time, paving the way for the development of China’s integrated circuit field in the future. ”
we can see that the performance of Listed Companies in the integrated circuit sector is generally good, which has become an important reason for the recent increase of social security funds. According to the statistics of the same flush, the reporter of Securities Daily found that by the end of August 6, 9 companies had disclosed their performance in the semi annual report of 2020. During the reporting period, there were 7 companies that achieved a year-on-year increase in net profit attributable to the shareholders of the parent company. The net profits of RuiChuang micro, huarunwei and Huafeng test control all doubled year-on-year.
in addition, 32 companies have also disclosed the performance forecast of 2020 semi annual report. There are 22 companies with good performance, accounting for more than 60%. Among them, 7 companies, including Borgen technology, Huatian technology, Jiangfeng electronics, Jiemei technology, XINGSEN technology, Ziguang Guowei and Fuman electronics, are expected to double their net profits on a year-on-year basis, demonstrating the strong growth ability of the industry.
Huang Jiefeng, manager of Wolong Chuangxin fund, told Securities Daily that “at present, the integrated circuit industry has been raised to a very important strategic position. With the gradual implementation of favorable policies such as tax reduction and financing, the prosperity of the industry will continue to improve. At present, independent and controllable, and Chinese substitution has gradually become popular. Domestic top-down investment in scientific and technological research and development is increasing. Especially for semiconductor enterprises with high-end technology, their profitability will be further highlighted and there is huge room for growth. ”
pan Helin said: “with the strong support of the policy, the profits of the integrated circuit industry will be further improved. China’s consumer electronics manufacturing accounts for a high proportion of the world. We produce more than half of the world’s mobile phones, but chips still rely on imports for many years. If the gap can be filled, integrated circuit enterprises are bound to get a large number of orders from China’s already very strong electronic manufacturing industry. ”
boosted by multiple favorable conditions, on August 6, the integrated circuit board performed very well, rising by 0.77% as a whole. Eight concept stocks including Yaguang technology, Zhenxin technology, Ziguang Guowei, Beidou Xingtong, Shanghai Beiling, Botong integration, Xiaocheng technology, and National Technology Co., Ltd. jointly rose. Heyuan gas, Huali chuangtong, Zhangjiang High Tech, Wenyi technology, Runxin technology, Zhenhua Technology and Huawei Co., Ltd Electronics and other stocks were also among the top gainers, with more than 5%.
in terms of capital flow, on August 6, there were 41 related concept stocks in the plate, showing a trend of net inflow of large single funds. Among them, two concept stocks such as Ziguang Guowei and BOE a received large single capital allocation of more than 1 billion yuan on that day, and the net capital inflow of four concept stocks, such as SMIC international, Shanghai Beiling, Zhangjiang High Tech and Shenzhen Science and technology, were all more than 200 million yuan. In addition, 7 concept stocks including Zhenxin technology and huamicroelectronics were also sought after by more than 100 million yuan on the same day, totaling 13 concept stocks 5.323 billion yuan.
in addition to the short-term funds in favor of IC concept stocks, the long-term funds represented by the social security fund are also arranged in advance. According to further statistics, in the second quarter of this year, social security funds were found among the top ten circulating shareholders of three companies, with a total market value of 313 million yuan.