Beijing funds have increased their holdings significantly, Gao Yi has heavily invested in assets, and Wanfeng Aowei's trend has bottomed out and is ready to go.
Capital flows are surging and ready to go
On October 17, Wanfeng Aowei disclosed its third quarter report. The report showed that as of September 30, 2020, the company The total assets were 15.902324 million yuan, an increase of 13.68% compared with the same period last year before adjustment. The list of top ten shareholders announced has changed. What is significant is that trust plans such as Huaxin Trust, Shaanxi State Investment and Changan Trust are not included in the list. In the list of top ten shareholders, the new shareholders include Hong Kong Securities Clearing Company Limited, Zhejiang Wanfeng Aowei Steam Turbine Co., Ltd.'s special repurchase securities account, and the high-profile Gao Yi Linshan No. 1 Yuanwang Fund.
At the same time, Beijing-based funds have increased their holdings of Wanfeng Aowei in a large amount, making it an upward countercurrent in the recent market shock.
The market in September still showed a trend of volatility. In the fourth week of September, the Shanghai Composite Index fell by 3.56%, the Shenzhen Composite Index fell by 3.25%, and the GEM Index fell by 2.14%. According to Choice data, In the fourth week of September, there was a net outflow of northbound funds for five consecutive trading days. Northbound funds reduced their positions in 992 stocks and increased their positions in 459 stocks. Wanfeng Aowei ranked among the top ten stocks for northbound funds to increase their positions. Within a week, Northbound Capital increased its holdings of 25.6419 million shares in Wanfeng Aowei, with the final shareholding amounting to 65.2005 million shares. The final market value of the position was 458 million yuan, accounting for 2.98% of the outstanding shares. Northbound Capital increased its holdings. It also significantly drove up the share price of Wanfeng Aowei, which increased by 4.31% in the fourth week of September.
The "dual engines" of the main industries have each shown strong momentum
Since the semi-annual report proposed the "dual-engine" development strategic pattern of auto parts and general aviation, the two major industries of Wanfeng Aowei The main industries are increasingly showing a rapid growth trend of "flying together on both sides".
In the field of auto parts, Tesla’s industrial chain dividends continue to explode. As a world-renowned auto parts supplier, Wanfeng Aowei stated in an announcement in the first half of the year that its subsidiaries Shanghai Magnesium Magnesium Alloy Die Casting Co., Ltd., Wuxi Xiongwei Precision Technology Co., Ltd. and Wanfeng Mageridine Holdings Co., Ltd. have successively obtained special SLA's first-level supplier project designation letter, with a total amount of 460 million yuan. It is reported that its supporting share is still further increasing. The above-mentioned series of cooperations have locked Wanfeng Aowei's indispensable position in Tesla's supply chain, laying the groundwork for it to further occupy the market share in the rising new energy vehicle field. Good foundation.
In the third quarter of this year, Tesla delivered a total of 139,300 electric vehicles, a year-on-year increase of 43% and a month-on-month increase of more than 53%, setting a new high again, and this result is higher than the previous analyst average Expected 137,000 units. Credit Suisse, Goldman Sachs and other institutions continue to be optimistic about Tesla sales. It is foreseeable that "Tesla"-themed stocks such as Wanfeng Aowei will continue to be popular in the market in the fourth quarter, and their market performance is exciting.
On the other hand, in 2020, Wanfeng Aowei's layout in the general aviation field has begun to take shape, exerting its core competitiveness in the industry. Previously, Wanfeng Aowei purchased 55% of the equity of Wanfeng Aircraft Industry Co., Ltd., added a new general aviation aircraft manufacturing business segment, laid out the general aviation industry through an overview, and created a "general aviation +" industrial model, starting from the existing automobile industry. The parts industry is transforming and upgrading to the production of complete aircraft and core technologies. Wanfeng Aircraft's good profitability and core technology advantages will accelerate the transformation process of Wanfeng Aowei.
Following the strategic cooperation between Wanfeng Aowei and the Civil Aviation Flight University of China in March 2020 and winning an aircraft purchase order from the top 1 aviation school in the country, in September, Wanfeng Aowei once again cooperated with the top 2 domestic aviation schools. The Civil Aviation University of China reached in-depth cooperation and signed a purchase agreement for the Diamond DA40NG. In the same month, it signed a purchase contract for the Diamond DA40NG with Sichuan Longhao Flight Training Co., Ltd.
In 2020, the market share captured by Wanfeng Diamond Aircraft has grown rapidly. It is revealed that orders for Diamond Aircraft have been scheduled until 2021. Among the training aircraft in aviation schools, Diamond Aircraft’s share has jumped to 68.5%. %, its sales explosion and market dominance reflect that it has already established a leading barrier in core technology in the field of aircraft manufacturing.