Beijing News reporter Xiao Wei, Zhang Yan, Yan Xia
Source: Beijing News
The blockchain that was promoted to buzzwords in 2019 has once again set off a wave of popularity in the public eye at the end of the year. A few days ago, the first blockchain index of the two cities, the Shenzhen Stock Exchange Blockchain 50 Index (referred to as: Blockchain 50), was released, and whoever is the official certification of blockchain concept stocks has become the focus of the market.
- Blockchain 50 index fell below 84% of issue price, sample stocks fell more than 9%
- The Blockchain 50 Index rose by more than 5%. Can you understand what the sample companies are doing?
- After the first inquiry, Shenzhen Datong was investigated and found that the blockchain technology investment in the first quarter was less than 200,000 yuan.
- Shenzhen Stock Exchange official blockchain index released, six rules for stock selection, constituent stocks rose an average of over 50% during the year
- A-share market shakes slightly before the holiday
According to statistics from the Oriental Fortune Choice database, the 50 sample stocks of the Blockchain 50 come from 20 different industries, which basically cover the main application areas of the Blockchain, including well-known stocks such as Ping An Bank and Midea Group. In addition, the data show that 41 are private enterprises, accounting for 82%. From the geographical point of view, 17 companies came from Guangdong, ranking first, and Beijing ranked second with 8 companies shortlisted.
In fact, at the end of October this year, the blockchain has caused a boom in the secondary market. At the craziest day, there was a daily limit of over 100 concept stocks. After the market sentiment cooled, the stock prices of many concept stocks that were speculated at first dropped, but there are still a lot of stocks that have maintained a large increase so far. Donghua Software, Sifang Jingchuang and Leo Stocks, which have been selected as sample stocks, have been from the end of October to the present. These companies' stocks have risen more than 40%.
However, the Beijing News reporter noticed that several companies that had been named by the regulator to explain the "bottom details" of the blockchain were also shortlisted for the sample stocks this time, including Great Wall of Culture and Hailian Jinhui.
Regarding this index, a well-known investment institution person told the Beijing News reporter:
"The launch of the index helps investors understand the overall heat of the blockchain and the development of the entire industry."
The recent research report released by Guosheng Securities believes that the blockchain index issued by the Shenzhen Stock Exchange has broadened the way for capital entry, capital and supervision have helped the development of the blockchain industry, and the application of the industry is expected to accelerate.
Keywords · distribution
Covering 20 industries, over 30% come from Guangdong
Blockchain 50 has performed well since its release on December 24. As of the close of December 26, they have increased by 1.15%, 0.66% and 0.94% respectively, rising for three consecutive trading days.
According to the Shenzhen Stock Exchange, the Blockchain 50 is based on the companies listed in the Shenzhen Stock Exchange, whose business areas involve the upstream and downstream of the blockchain industry. Named stocks constitute sample stocks. The index is weighted by free float market value, and the sample stocks are regularly adjusted on the next trading day of the second Friday in June and December each year. Blockchain 50 is based on December 31, 2012, and the base date is 1000.
According to statistics from the Oriental Fortune Choice database, the 50 sample stocks of the Blockchain 50 come from 20 different industries (Note: the major sectors of the Securities Regulatory Commission). Among them, software, information technology service industry, Internet and related services, electrical machinery and equipment manufacturing industry, "computer, communications and other electronic equipment manufacturing industry", and general equipment manufacturing industry have 18, 9, 4, and 2 And two, and the remaining industries such as pharmaceutical manufacturing and instrumentation manufacturing each have one.
In addition, among the 50 sample stocks, there are as many as 41 private enterprises, accounting for more than 80%. In terms of geography, Guangdong, Beijing, Jiangsu, and Shanghai have 17, 8, 8, and 3 respectively, ranking among the top four. Among them, Guangdong has 34% of the blockchain-listed companies listed in the sample stocks.
It is understood that the listed company selected for the sample stock needs to meet 6 conditions, including non-ST, * ST stocks; the listing time has been more than six months; the company has no major violations in the past year, no major financial report issues, and the company's business area involves blocks The upstream, downstream, and downstream of the chain industry include hardware equipment, technology and services, and blockchain applications.
Guosheng Securities stated in its research report that this year, in addition to frequent regulatory actions, the capital market's support for blockchain has also continued to increase. At present, the channels and tools for capital investment to participate in the development of the blockchain industry are still very limited. It can be expected that with the release of more blockchain-related sector indexes and related ETF fund products, the blockchain industry will leverage the power of capital , Rapid development, and constantly promote the application landing.
Guosheng Securities said that it is recommended to actively pay attention to the application of the three major scenarios of finance, livelihood and government affairs, as well as the application direction of the combination of blockchain and AIoT to solve the pain points of the scenario. Blockchain has broad application space in the three major scenarios of finance, people's livelihood and government affairs.
Keywords · Range
Favored for two months, three sample stocks rose more than 40%
At the end of October this year, the blockchain set off a wave in the secondary market. The Beijing News reporter combed and found that many of the shortlisted stocks this time have continued to this day.
According to the statistics of Oriental Fortune Choice, since the end of October, a total of 26 blockchain 50 sample stocks have increased in a positive range. Among them, Donghua Software, Sifang Jingchuang, Leo Shares, Dongfangtong, Zhongqingbao, Huayu Software, Yuanguang Software and other 7 listed companies' stocks rose by more than 20%, and the turnover rates of Great Wall of Culture, Sifang Jingchuang, Annie Co., Aoma Electric and Zhongqingbao were all above 400%.
It is worth mentioning that Donghua Software, Sifang Jingchuang, and Leo Shares are the three blockchain 50 index sample stocks with the largest stock price increases since the end of October, with increases of 48.86%, 48.22%, and 42.50%, respectively. As for the blockchain strength of the sample stocks that the market is concerned about, the Beijing News reporter noted that Donghua Software established the Blockchain Technology Research Institute in early 2018. In January of that year, Xue Xiangdong, chairman of Donghua Software, said in an interview with the media that Donghua Software has developed blockchain peer-to-peer identity certificate technology, blockchain energy transaction executable smart contract framework, and blockchain energy transaction uncertain prices. More than 20 key underlying technologies, such as the system and blockchain high-frequency trading network technology, are expected to be signed with a certain amount of contracts with enterprises such as the power grid and power generation. A few months later, at the Fifth World Internet Conference, Xue Xiangdong emphasized that the medical industry's problem lies in data legislation. Donghua is using Tencent-based blockchain technology to build a health chain, health cloud, and medical cloud services for the medical industry.
Sifang Jingchuang's exploration of blockchain technology is mainly concentrated in the financial industry. The company began to deploy blockchain business in 2017. The 2017 annual report shows that Sifang Jingchuang cooperated with International Business Machines Hong Kong Co., Ltd. on a blockchain project, established a wholly-owned subsidiary Sifang Jingchuang Information (Hong Kong) Co., Ltd., and a subsidiary of Qian Fanghaojin (Tianjin) Co., Ltd. The company Hong Kong Qianfang Haojin Co., Ltd. established a joint venture in Hong Kong to establish Qianfang Haojin Fintech Co., Ltd.
In 2018, Sifang Jingchuang established a wholly-owned subsidiary, Shenzhen Qianhai Lexunfang Blockchain Technology Co., Ltd. (hereinafter referred to as "Lexunfang"). In the first half of 2019, Lexunfang obtained the record of the blockchain information service of the National Internet Information Office, becoming the first group of enterprises to obtain the record in China.
On October 25 this year, the Quartet Jingchuang announcement showed that it had conducted technical reserves and exploration in the field of blockchain and digital currency, and jointly released a distributed open platform solution "Fincube" with Huawei. However, it also prompted risks. It will take time for the solution to contribute to the sales of Sifang Jingchuang, and it has no significant impact on the company's current performance.
Leo's main business includes machinery manufacturing and digital marketing. The disclosure of the blockchain layout was first seen in the investor relations activity record sheet on January 15, 2018.
At that time, Leo stated that the company has been designing and planning product and technology evolution ideas in the direction of the blockchain since the second quarter of 2017, targeting blockchain technology to the transparency of Internet advertising transactions, data compliance, smart contracts and incentive models. Four directions have been developed progressively, and in the 2019 semi-annual report of this year, Leo shares said that it actively invested human, financial and material resources to try to apply new technological achievements including artificial intelligence and blockchain to digital marketing. every aspect.
Keywords · Profit
Ping An Bank and other three companies make the most money, and have started to deploy blockchain in the past two years.
Among the 50 sample stocks of 50 blockchains, Ping An Bank, Midea Group, and Suning Tesco achieved net profit attributable to shareholders of the parent company of RMB 23.621 billion, RMB 21.316 billion, and RMB 11.903 billion, respectively, from January to September this year. The most profitable listed companies in the first three quarters among the sample stocks.
However, the blockchain has not brought the effect of a sharp rise in stock prices for these three companies. Since the end of October, the stock prices of Ping An Bank, Midea Group, and Suning Tesco have fallen by 3.38%, increased by 6.42%, and decreased by 3.95%, and the turnover rates have been 16.87%, 15.94%, and 22.62%.
In the third quarterly report disclosed on October 21, Ping An Bank stated that the bank has newly upgraded the supply chain account receivables cloud service platform, launched the "Ping An Good Chain" brand, and uses technologies such as cloud computing, blockchain, and artificial intelligence. Means to optimize the entire business process of registration, approval, and payment, and greatly improve the user experience. At the same time, around the customers in key industries such as infrastructure, electronics, and medicine, it provides a comprehensive package of financial and management services for upstream and downstream companies in the supply chain to achieve batch customer acquisition.
In the record of investor relations activities disclosed on October 18, Ping An Bank also mentioned the blockchain. It stated that the company has formulated a three-year IT (2019-2021) development plan. In terms of technological innovation, relying on Ping An Group's core technologies and resources in the fields of artificial intelligence, blockchain, cloud computing and other fields, it will use new technologies to empower its business. .
From November 10th, Deng Junyi, senior project director of the strategic development department of the head office of Ping An Bank, introduced the cooperation experience between Ping An Bank and the local court in the blockchain in a public event, saying that the blockchain made with a court was used for bankruptcy clearance. The practice of harvesting is also an example of innovation. For the bankruptcy recovery of enterprises, the mutual trust between the participating parties is relatively low, and some credible technical means are required to ensure the openness and transparency of transactions and information, and the behavior is subject to certain regulations. The blockchain can ensure that the participating parties are technically equivalent and have high credibility.
Midea Group's earliest description of the blockchain can be found in the 2018 annual report. The annual report shows that the company is continuously promoting the exploration and application in the field of artificial intelligence (AI). Among them, it will build a blockchain application ecosystem based on the advantages of the industrial chain, and work with upstream and downstream partners in various fields to build districts under various business scenarios. Blockchain application, based on the self-developed blockchain technology platform, establishes irreversible encryption, multi-threaded computing mechanism, and achieves industrial upstream and downstream collaborative contract management.
On June 15 this year, Midea Group mentioned the above-mentioned content about the blockchain again in the investor relations activity record sheet it disclosed.
As for Suning Tesco, the announcement mentions that the blockchain can be traced back to February 27, 2018. At that time, the express performance report stated that the company will continue to strengthen fintech capacity building, and various fintech applications will land, focusing on biometric identification, Six financial technologies: data risk control, Internet of Things finance, blockchain, financial AI, and financial cloud.
On August 30 this year, Suning Tesco disclosed the semi-annual report for 2019. During the reporting period, Suning Finance launched the blockchain forfaiting business, and the blockchain + IoT car library system won the CITE2019 blockchain application innovation excellence. In the case, the intelligent collection platform won the second-class achievement award of the China Banking Regulatory Commission's 2018 risk management project.
Keywords · Supervision
“蹭” Blockchain stock daily limit, two shortlisted companies have attracted regulatory attention
Not all companies selected as sample stocks performed well. In comparison, Weishitong, Kelan Software, Hailian Jinhui and Cultural Great Wall all recorded losses from January to September this year, realizing net profit attributable to shareholders of the parent company of -63.6 million yuan, -60.72 million yuan,- 24.92 million yuan and -12.99 million yuan have become the only loss-making companies in the first three quarters among the sample stocks.
Among them, the Great Wall of Culture and Hailian Jinhui are also favored by blockchain stocks, which has caused regulatory concerns. From October 24 to October 31 of this year, the stock price of Great Wall of Culture reached its daily limit for six consecutive trading days. Under the boom of the blockchain, on October 28, the Shenzhen Stock Exchange quickly issued a letter of concern, saying that some media reports called the Great Wall of Culture a concept block chain. Of the more than 50 R & D investment projects disclosed in the Great Wall of China 2018 Annual Report, 6 software copyrights involve blockchains in the names or descriptions, 2 of which were developed by Henan Zhiyou Zhenlong Education Technology Co., Ltd. and its subsidiaries. , 4 were developed for Jade Education and its subsidiaries. The Shenzhen Stock Exchange requires the Great Wall of Culture to explain the above six software copyright R & D backgrounds, R & D cycles, investment amounts, R & D personnel, specific application scenarios, and the impact on the company's performance.
On October 29, Great Wall of Culture replied that the above two softwares developed by Zhiyou Zhenlong and its subsidiaries are currently being deployed and debugged, and have not yet been put into use, which has not affected the company's operating performance. In addition, because the company lost control of Emerald Education and was unable to obtain information from Emerald Education, it is impossible to determine the status of the four software copyrights held by Emerald Education.
It is worth mentioning that on November 4, the Great Wall of Culture announced that it had received the "Notice of Investigation" from the Securities and Futures Commission. Because the company was suspected of information disclosure violations, the Securities and Futures Commission decided to investigate the Great Wall of Culture. As China's first creative art ceramics company listed on the GEM, the current development model of the Great Wall of Culture is "ceramics + education". The Beijing News reporter noted that the operating income of the Great Wall Ceramics products has been falling for 4 consecutive years. Although the performance of the main education industry has continued to rise (before 2019), the two major wholly-owned subsidiaries, Jade Education and Lianxun Education, are full. Controversial.
Also after the stock daily limit on October 28, Hailian Jinhui issued an announcement on the morning of the 29th. The company received an inquiry letter from the Shenzhen Stock Exchange and was required to disclose the company's blockchain-related invention patents and other details in detail.
On October 28, when the blockchain attracted much attention, Liu Sheng, chief architect and head of the blockchain team of Hailian Jinhui, told the media that after years of exploration and research, the company's blockchain team has applied for and disclosed the area. 36 blockchain-related invention patents, and participated in drafting standards and white papers such as "Credible Blockchain: Blockchain Supply Chain Financial Industry System Application Specification" and "Blockchain and Supply Chain Finance White Paper". The Management Department of the Small and Medium Board of Shenzhen Stock Exchange stated that it is paying close attention to the above content, and requires Hailian Jinhui to verify and develop 36 blockchain invention patents. The "Trusted Blockchain: Blockchain Supply Chain Finance Industry System Application" Participated in the specification of the "White Paper on Blockchain and Supply Chain Finance" to draft a list of companies, and explained the development of the new version of the supply chain financial system so far.
At the same time, a reporter from the Beijing News noted that for the 50 sample stocks, some companies that were once considered to have "spark" with the blockchain were not included. Jingu shares of intellectual cooperation. According to statistics, Jianan Yunzhi is one of the world's three major mining machine manufacturers tied with Bitmain and Ebang International. It achieved revenues of 47.69 million yuan, 316 million yuan and 1.308 billion yuan in 2015-2017, respectively. Previously, Jianan Yunzhi had made breakthroughs in the capital market three times, submitting listing applications in A-shares, NEEQ, and the Hong Kong Stock Exchange, all of which ended in failure.