Overseas institutions conduct intensive research on these stocks in March

The enthusiasm of overseas institutions in deploying Chinese assets continues to run high, with increasingly frequent research activities. According to Securities Times Data Treasure, since March, 286 overseas institutions have conducted research on a total of 85 listed companies.

By industry, overseas institutions mainly favor the electronics, electrical equipment, and machinery sectors, with 21, 9, and 9 companies researched respectively; the pharmaceuticals, biotech, and computer industries also have more than five listed companies receiving overseas research.

Recently, overseas institutions have intensively researched electronics companies, driven by factors such as the explosive growth of AI computing power and the industry cycle bottoming out and rebounding. Currently, the pace of AI technology iteration is accelerating, with demand for cloud and edge computing power experiencing explosive growth. This directly boosts the demand for core electronic components like GPUs, HBM, and high-speed PCBs, becoming the strongest engine for industry growth and attracting overseas institutions to focus on leading companies in related niche fields. Meanwhile, the electronics industry is entering a recovery cycle, with clear expectations for both performance and valuation restoration, highlighting its cost-effectiveness advantage.

In terms of the number of companies researched by overseas institutions, Sanhua Intelligent Controls, Aobo Zhongguang-UW, Sunlord Electronics, and Stone Technology rank at the top, with 51, 31, 16, and 16 companies respectively.

Sanhua Intelligent Controls stated during research that the company’s capital expenditure focuses on global capacity layout, continuous R&D investment, and digital transformation to support the long-term steady growth of core businesses such as refrigeration and auto parts. Currently, the company has established production bases in Mexico, Vietnam, and Poland, with plans to focus on building a base in Thailand and to continue increasing capital investment in overseas facilities. Additionally, the company remains committed to investing in emerging fields like AI and related applications, accelerating digital and intelligent transformation, and introducing smart tools such as digital employees to lay a solid foundation for sustainable business growth.

Aobo Zhongguang-UW indicated that in the future, the company will continue to focus on artificial intelligence and embodied intelligence industries, building a “robot and AI vision industry platform,” accelerating the development of visual perception chips, camera and radar hardware, AI visual perception, and multi-modal algorithms, as well as establishing R&D centers and intelligent manufacturing bases. The company aims to provide 3D visual sensors and intelligent solutions for downstream industries such as robotics and 3D scanning, supporting industry evolution toward artificial intelligence.

From the market perspective, since March, 22 overseas research-investigated stocks have all seen gains, with Baiwei Storage, Minohua, and GCL Energy Science & Technology leading the gains at 52.8%, 44.68%, and 41.38%, respectively.

On March 24, Baiwei Storage announced the signing of a $1.5 billion (approximately RMB 10.3 billion) storage wafer procurement contract, along with an increase in comprehensive bank credit lines, reaching up to RMB 20 billion. In terms of performance, the company is expected to achieve operating revenue of RMB 11.302 billion in 2025, a year-on-year increase of 68.82%, and net profit attributable to the parent of RMB 853 million, a year-on-year increase of 429.07%.

Regarding funds, since March (up to March 24), 14 overseas research stocks have seen net financing inflows exceeding RMB 1 billion. Baiwei Storage, Haibo Sichuang, Jiangbolong, and GCL Energy Science & Technology all received net financing inflows of over RMB 300 million.

Disclaimer: All information from Data Treasure does not constitute investment advice. The stock market carries risks; please invest cautiously.

Proofread by: Yang Lilin