This Week's View Last week, the light manufacturing industry underperformed the broader market, and our recommend portfolio was generally weak. Among them, Bangbao Yizhi (77.89,-1.410,-1.78%), which we focused on recommend, outperformed the Shanghai and Shenzhen 300(3257.53,-6.960,-0.21%) index by 1.09pct, and suspended trading for one day on April 1 due to the company's board of directors deliberating the high transfer plan. This week, we will continue to focus on recommend Bangbao Yizhi, pay attention to the development track of Lego, the industry leader, and extend the education and cultural fields from the building block educational toy industry. From the perspective of the full implementation of the business-to-business increase, we will continue to recommend Guanhao Hi-Tech (10.77,-0.020,-0.19) (exclusive supplier of VAT special ticket and ordinary ticket paper) and Donggang shares (32.66,-0.030,-0.09) (exclusive printer of VAT tickets); From the perspective of industry data to recommend custom furniture leader Sofia, solid wood furniture leader Meike home (13.15,0.010,0.08) and pan-home industry chain complete layout of Yihua wood industry (12.18,0.290,2.44).

Bo Gou suggested this week to focus on Bangbao Yizhi, the leader of recommend building block educational toys in the household light industry (China's leading brand of plastic building block educational toys, unique teaching aids-teaching materials-teacher training and marketing mode, IPO investment projects will effectively solve the bottleneck problem of the company's production capacity and resume the rapid development of business), Yihua Wood Industry (independent export brand, perfect industrial chain, privatization of Huadali, further complement the product layout and overseas markets; Y + ecosystem, to create the most complete closed loop of the Internet + pan-home, to achieve resource integration and synergy, equity investment value-added space; employee shareholding plan, fixed increase of controlling shareholders, to ensure the long-term growth of the company. The controlling shareholders increased their holdings, showing the recognition and maintenance of the company's long-term value), Meike Home (multi-brand strategy was smoothly promoted (A.R.T. store opening and franchise revenue exceeded expectations); Category expansion, introduction of Rehome new brand, power big home; Jointly develop MobileFirst projects with IBM and Apple, improve accurate marketing and channel management, and promote the strategy of big home + Internet, A variety of equity incentive tools and fixed-increase controlling shareholders to ensure long-term growth) and Sofia (42.89,-0.500,-1.15) (to promote the strategy of big home, to meet the needs of customers for customization of the whole house, to expand and sink offline channels, to promote O2O online in multiple dimensions, to set up a joint venture with Shanghai Mingjiang to promote intelligent transformation of the home industry; Employee + dealer stock ownership plan, highlighting medium-and long-term development confidence) and Helen piano (27.01,-0.360,-1.32) (fast-growing domestic piano brand; The offline Helen Piano Classroom joins in the expansion and equity investment integration of the Art Education Alliance, and through non-public investment in intelligent piano and Internet interactive education platforms, online and offline resources complement each other).

Guanhao High-tech, a key recommend in the paper industry (the increase in business tax was accelerated to May 1, the company has great income elasticity as the only supplier of VAT invoices (including special tickets and general tickets), China Chengtong has become a pilot enterprise for state-owned capital operation, the company will indirectly benefit from Chengtong's asset management and capital operation, the board of directors will consider the establishment of Chengtong Zhongcai Internet joint venture through investment, and the target lottery paperless and Internet tax invoice service).

Key recommend in the packaging and printing industry, Orijin (25.06,0.450,1.83) (participated in the mixed reform of COFCO, continued to make efforts in industry integration, the core customer Red Bull grew without worry, the two-piece can business expanded rapidly, joined hands with the industry fund to develop new products and new customers, built an integrated packaging platform service provider with the help of variable two-dimensional code sharp weapon, and invested heavily in multi-angle layout of the sports industry, the company's long-term growth will be guaranteed by the fixed increase to major shareholders, major customers, strategic investors and management teams) and Donggang shares (electronic invoices, paperless lottery tickets and electronic file storage systems have continuously made new progress and are firmly transformed into information technology service providers. As a VAT general ticket printer, it will also benefit from the full implementation of the VAT reform. Shareholders increase their holdings, promote employee stock ownership plans, and bind the interests of all parties).

Key Companies Remind * ST Silver Pigeon of Important Events this Week: Revocation of ST Deli Shares (14.25,0.070,0.49): Performance Conference Orijin: Performance Conference Annie Shares (32.00,-0.920,-2.79): Shareholders' Meeting Held