[Red Envelope] Ma Qian Pao Excavation: Shenzhen Huaqiang

Shenzhen Huaqiang [Taogu Ba]
Huaqiangbei brand is renowned worldwide, building an electronic information full industry chain trading service platform!
Huawei HiSilicon + robotics concept + storage chips + chips + CPO concept + 6G concept + AI intelligent agent + automotive electronics + Huawei computing power + venture capital concept + Tencent concept.

Fundamentals

1. Main Business (000062, Shenzhen Huaqiang)

Core is electronic component distribution + industrial internet + offline electronic market operation, with revenue of 24.91B yuan by 2025, divided into three major segments:

1. Electronic component trading (96.7%)

◦ Authorized distribution (70%):代理200+原厂、50+国产核心芯片（海思、昇腾、江波龙等），覆盖存储、模拟、功率、SOC、GPU/FPGA，服务量产大客户。

◦ Long-tail procurement (26.7%): Spot platform, millions of SKUs, serving R&D/prototype/ small batch needs.

2. Electronic industry services (3.3%)

◦ Offline: Huaqiang Electronic World (400k㎡ owned property), the world’s largest electronic specialty market, stable rental cash flow.

◦ Online: Huaqiang Electronics Network, B2B information and trading services, over 1.75 million registered users, industry pricing benchmark.

3. Business extension and exploration (1.1%): Covering electronic industry chain technology services, data services, innovation incubation, etc.

2. Company Highlights

• Industry position: Top three in domestic electronic component distribution, core operator of Huaqiangbei industrial ecosystem, a longstanding state-owned enterprise listed in 1997.

• Core qualifications: Huawei HiSilicon full series highest-level general agent, Ascending Tian APN gold partner, storage chip top distributor, national high-tech enterprise.

• Resource barriers: First-hand binding with top international manufacturers (Murata, ST), domestic leading clients (Huawei, BYD), scarce supply sources prioritized.

• Full-chain ecosystem: Offline physical market + online industrial internet + self-developed EBS system, forming a “distribution + information + logistics + finance” closed loop.

• AI computing power dividend: Deeply bound to Ascending Tian AI computing power chain, Ascending Tian chips account for over 60% of Huawei chip business, core distributor of AI servers/compute cards.

3. Uniqueness (Inimitability)

1. The only operator of Huaqiangbei ecosystem: the only listed company controlling both core offline property (400k㎡) and online Huaqiang Electronics Network, the “spokesperson” of Huaqiangbei business district, with location and traffic monopoly.

2. The only general agent for Huawei HiSilicon + Ascending Tian dual core: the only distributor in China with full series highest-level authorization for HiSilicon + Ascending Tian gold partner qualification, a core hub for domestic substitution and AI computing power.

3. The only full-chain platform covering “authorized distribution + long-tail spot”: the only industry platform that can simultaneously serve large clients’ mass production (authorized distribution) + R&D/small batch (long-tail spot), with millions of SKUs and scarce original factory supply.

4. The only data and pricing power in the electronic industry: Huaqiang Electronics Network is a global price benchmark for electronic components, with data on over 15 million models and millions of customer behavior records, forming data + pricing + channel triple barriers.

Technical Aspect
On April 7 and April 22, two instances of Hengbao structure appeared, first board on April 24, node tickets, yesterday’s first board node tickets, double nodes, gentle volume adjustment today, approaching the 2024 high point, imminent breakout!

Belongs to recent main line, chip semiconductor concept, combined with CPO concept! Performance guaranteed, promising future!

Participation opportunities:

1. Buy low at the 10-day moving average, 20-30%;
2. After breaking through 42.88, add in batches at 42.01 and 41.01, 20-30%.
3. Add at support level 36.01, 20%.

First target price: 45!
Second target price: 60!

Historical Ma Qian Pao Pool: 5-day interval increase, only Zhongda Mining -12, expected to rebound to the first board tomorrow!

Oil coupons with over 50 shares, Tiantong, Guangxun, Tenglong, Dayuan, Litong Electronics, Yunnan Germanium brothers can also generously reward 500 points, I count how many brothers are paying attention, the next will be even more exciting!!!

The above views are for reference only, profit and loss are at your own risk!

Core: Quantitative era, during downturn focus on core divergence, do not chase unanimity!

Only the leading stocks have the greatest profit effect!

Disclaimer: I am just recording my own operations, not forcing everyone to follow, so please be cautious. This blog only records my own actions. (Investing involves risks, trading should be cautious, plans are never faster than the market, everything follows the market, the article reflects personal ideas and records, only sharing my understanding of the market, not investment advice, for reference only, buy and sell at your own risk!)

Allez, mes copains! (Come on, my friends)
Give fuel to take off!
Small likes, continuous limit-ups!
Modest rewards, big gains!
Mu Yan’s growth journey needs your company, let’s create a beautiful scenery together in the comment area!
Special reminder: The above views are only for trading records, not for recommendations; stock market risks, invest cautiously!
Petit à petit, l‘oiseau fait son nid! (Little strokes fell great oaks)