Security Analyst
Current• Main coverage is Electronics, one of the 28 SW 1st-tier industries. Built a pool of key selections of over 150 securities. including but not limited to semi-conductor, display, illumination, electronic manufacturing services, discrete devices. • Second coverage is on general consumer products. Built a pool of at least 50 securities, which are in power battery, daily chemicals, aviation and shipping, food and beverages, health service, etc. Selection criteria: (1) sustained growth at reasonable price, (2) sustained key performance indicators, (3) consideration on black swan risk.• Characteristics of Research opinion: (1) genuinely original,(2) highly summarized, (3) qualitative over quantitative.• Research work carried out with an emphasis on fundamental analysis, through a bottom-up perspective. Sources of information include public announcement, reports from security companies, Wechat articles, official press release, we-media, etc.• Research outcome include industry life cycle analysis, industry and securities’ health monitoring, inventory cycle monitoring, business model analysis, valuation, etc.• Personal investment style: seek for steady growth in net value with moderate slope and volatility.