In the past two years, A-shares out of the structural market, with strong investment and research capabilities, public fund performance rising across the board. With the concept of "stock speculation is better than buying funds" becoming more and more popular, the market is not short of performance funds to investors to bring real rich returns. It is reported that wells-off China Securities sub-machinery and equipment industry theme ETF (field abbreviation: mechanical ETF, fund code: 159886) will be issued on March 22.

In 2020, China's machinery industry bucked the trend and the economic performance exceeded expectations. According to the China Machinery Industry Federation, in 2020, the machinery industry achieved operating income of 22.85 trillion yuan, up 4.49% YoY, 3.73 percentage points higher than the national industry;

Last week, the CSI 300 rose 3.74 percent, Shenwan machinery and equipment sector rose 2.37 percent, losing 1.38 percentage points to the market, in Shenwan all the first-level industries in the 17th place, 18 sub-sectors 11 up and down, including performance The top 5 sub-sectors were construction machinery, metal products III, other specialized machinery, printing and packaging machinery, textile and garment equipment, up 4.71%, 4.19%, 3.90%, 3.29% and 2.68%, respectively. In terms of valuation, as of the latest close, shenwan machinery and equipment sector price-earnings ratio (TTM, overall method, excluding negative values) was 29.09 times, compared with the valuation premium ratio of the CSI 300 of 97%. In terms of individual stocks, titan shares (28.92%), Maiwei shares (23.07%), Shandong Weida (20.68%), Jinto shares (18.87%), Rongjie shares (18.63%), the largest decline The previous ones were Huning Shares (-29.74%), Fida Environmental Protection (-16.86%), C Tongye (-16.41%), Today Venture Group (-15.79%), Hongyu Shares (-12.63%).

Most recycled raw materials, such as waste plastics, waste rubber, waste paper, waste non-ferrous metals, etc., in accordance with the current recycling manufacturing technology, regeneration once, the intrinsic quality is reduced once, so that the quality of recycled products is poor. And scrap iron repeatedly back to the furnace steelmaking, recycling, not only will not reduce the inherent physical and chemical performance of steel and technical indicators, but also in a sense, the steelmaking process is the process of steel water purification. Each time the scrap iron returns to the furnace, its inherent harmful elements (sulfur, phosphorus, silicon, etc.) and other impurities are purified once. Therefore, the use of scrap iron back furnace steelmaking, is conducive to improving the intrinsic quality of steel water, improve the physical and chemical performance of steel and technical indicators, can be described as "Phoenix Nirvana, bath fire rebirth", "hundreds of steel." The difficulty of scrap iron recovery is that the non-ferrous metal elements left in scrap iron are not easily removed in the process of steelmaking, and the sorting in the treatment of scrap iron purification must be strengthened to speed up the technological breakthrough of copper, nickel, chromium and tin in steelmaking.