Pre-market report on A-shares | Concerning aviation energy! Central SOE "giant" restructuring kicks off, Guangzhou will create a new commercial aerospace center

Pre-market news 1. State-owned enterprise "giant" restructuring kicks off! The over 200 billion yuan aviation fuel market may be restructured Type: Industry Sentiment: Positive According to the website of the State-owned Assets Supervision and Administration Commission, PetroChina Chemical Group Co., Ltd. and China Aviation Oil Group Co., Ltd. are implementing restructuring. Industry insiders believe that Sinopec has strong refining capacity, while China Aviation Oil controls the end distribution network. Building an integrated enterprise chain from refinery to wing may help reduce the supply cost of aviation fuel and enhance the competitiveness of China's aviation fuel industry. 2. Aiming for a new peak in China's commercial space industry! Guangzhou plans to develop reusable rocket technology Type: Industry Sentiment: Positive On January 8, the General Office of the People's Government of Guangzhou released the "Guangzhou City Accelerates the Construction of an Advanced Manufacturing Strong City Plan (2024-2035)," proposing to create a globally influential new pole in China's commercial space industry by 2035. Focusing on the development of reusable rocket technology, providing a solid foundation for the research and development of medium and large liquid rockets, and opening up for national research institutes, enterprises, and universities to share. 3. Industry insiders: Regulatory authority interviews 6 photovoltaic leaders and industry associations, prohibits capacity and price agreements Type: Industry Sentiment: Positive There were market rumors that the Market Supervision Administration had interviewed the China Photovoltaic Industry Association, Tongwei Group, Xinjiang Daqo New Energy, XINTE ENERGY, etc., discussing issues related to reporting monopoly risks. The reporter verified that this interview did indeed take place. The Market Supervision Administration requires the photovoltaic industry association and the companies being interviewed not to agree on capacity, capacity utilization, production and sales volume, and sales price, and not to engage in market division, production allocation, and profit distribution in any form. 4. Ministry of Commerce responds to the review of Meta's acquisition of Manus Type: Company Sentiment: Positive On the 8th, the Ministry of Commerce held a routine press conference, spokesperson He Yadong responded to questions about the review of Meta's acquisition of the artificial intelligence platform Manus, stating that the Chinese government has always supported enterprises in carrying out cross-border business and international technology cooperation in a mutually beneficial and win-win manner in accordance with laws and regulations. Investment Calendar December CPI data will be announced today Investment Tips Investment tips: The lower you make your trading frequency, the greater the chance you have of receiving the returns you deserve. "Long-Term Investment" by John Bogart (U.S.) Institutional Views 1. Huatai: In the short term, the index will control the pace, but the long-term upward trend remains unchanged. Focus on storage, computing power, and non-ferrous metals, etc. 2. CMSC: The probability of the A-share market continuing to perform during January is relatively high. The direction of better-than-expected performance is worth focusing on. 3. Orient: Despite the market's need for consolidation, upward movement is still the main tone. The Shanghai Composite Index may test the 4100-point mark in the short term. Positive and negative prospects 1. Due to the situation in Venezuela and supply concerns, Brent crude oil soared by 5% Type: Market Hot Topic CITIC SEC: Geopolitical risks driving short-term oil price increases. Considering the current global oil market is still in a situation of loose supply, oil prices are expected to remain in the range of 60-70 USD/barrel. Recommend paying attention to oil and gas, and production companies that profit from petroleum coke. 2. Trump plans to increase U.S. military spending to $1.5 trillion, leading to double-digit gains for American drone manufacturers Type: Market Hot Topic Guosheng: By dawn in 2026, the military industry is expected to gradually enter a recovery phase. However, industry entering a positive trend still requires time. Focusing on key equipment such as missiles, drones, and military trade is recommended. 3. The State Council Information Office will hold an important press conference today to introduce the progress of accelerating the construction of the national water network Type: Policy Focus Guotai Haitong: Underground pipeline investment is huge and requires support from the government and diversified investment mechanisms. The acceleration of underground pipeline network construction will drive the pipeline industry chain to a high level of prosperity, benefiting traditional pipeline leading companies and pipeline smart management companies. Announcements Express Positive announcements 1. JL Mag Rare-Earth: Expects a net profit of 660 million to 760 million yuan by 2025, a year-on-year increase of 127%-161% 2. North Long Dragon New Materials Tech: Intends to purchase 51% stake in Shunyi Technology, expected to constitute a major asset restructuring 3. RunJian Co., Ltd.: Signed a strategic cooperation framework agreement with JD Technology to conduct cooperation in AI applications, etc. Negative announcements 1. Advanced Micro-Fabrication Equipment Inc. China: The second-largest shareholder plans to collectively reduce its stake by no more than 2.05% of the company's shares 2. Wens Foodstuff Group: Expects a net profit of 5 to 5.5 billion yuan by 2025, a year-on-year decrease of 40.73%-46.12% 3. Shanghai Laiyifen: Controlling shareholder Aiwuqiguan plans to reduce its stake by no more than 3% Overseas Markets Self-selected brother reminder: Rotation intensifies in the U.S. stock market, with the three major indexes showing mixed performance. Technology giants like Nvidia retreated, while the defense industry sector strengthened across the board in response to Trump's proposal to increase military spending; Most popular Chinese concept stocks rose, with the Nasdaq China Golden Dragon Index up more than 1%. This article is reprinted from "Tencent Self-selected Stocks". GMTEight editor: Feng Qiuyi.