Security of Listed Companies Increased in the First Quarter

Continuing the rapid growth in the past two years, the net profit of listed security companies continued to increase substantially in the first quarter of 2013. Based on this, funds of fund companies such as GF continue to increase their security stocks.

According to a quarterly report released by Hikvision, in the first quarter of 2013, Hikvision's net profit was 450 million yuan, a year-on-year increase of 29.61%. In the first quarter of 2013, Guangfa Jufeng, managed by Yi Yangfang, the deputy general manager of GF Fund, continued to significantly increase the holding of 5,261,610 shares in Haikang. At the end of the first quarter of 2013, the number of shares held by Guangfa Jufeng increased to 10.8382 million. Stocks, holding the stock market value of about 380 million yuan, accounting for about 2% of the net assets of the Guangfa Jufeng Fund. According to the proportion of the top ten most-prohibited stocks in the 2012 annual report issued by Guangfa Jufeng as a percentage of the fund's net value, Hikvision is likely to have already ranked among the top ten most-heavy positions in Guangfa Jufeng.

In addition, the funds of the three fund companies of Bank of Communications Schroders, South China, and Teda Hongli continue to hold Hikvision. Compared with the 2012 annual report, the value of TEDA Manulife in the first quarter is preferred to increase the holding of 1.7 million shares in Hikvision to 9.7 million shares. The preferred stock held by TEDA Manulife remains unchanged at 8.229 million shares. It is known as the stock of selected growth stocks in the south. The number of shares held by Shi Bu, the fund's research director, managed to grow in the South, and remained unchanged at 11.0222 million shares. However, the Bank of Schroeder’s funds have reduced their holdings in the first quarter in a lucrative situation. Among them, the Bank of Communications’ Schroeder’s shareholding has decreased by 6.8914 million shares to 1,208.86 million shares, and the Bank of Communications’ Schroeder Bluechip reduced its holdings by 235.79. Ten thousand shares to 7.58 million shares.

Dahua is also a representative of the security stocks. Under the background of a net profit growth of 85.23% in 2012, net profit continued to increase substantially in the first quarter of 2013. The net profit in the first quarter was 120 million to 150 million yuan, an increase of 80% from the same period of last year to 120. %. It is understood that funds that are optimistic about the security stocks in the first quarter of 2013 continue to increase their holdings of UOB shares. Judging from the trend of stock prices, the inflow of UOB shares in the first quarter was relatively clear, and the stock price rose by 49%.

A Shenzhen-based fund manager who holds security stocks said that in the process of advancing urbanization and considering the combination of China’s security management model, security-related stocks have experienced rapid growth. Therefore, they are still optimistic about security stocks in the future.

Hikvision also announced in a quarterly report that as Hikvision's security industry continues to maintain a relatively good degree of prosperity, it is expected that Hikvision will continue to maintain steady growth in all its businesses, and its net profit in the first half of 2013 The increase is 20% to 40%.