Economic Observer Network reporter Shen Yiran 2020 was originally the year of 5G scale construction, and 5G base station supply chain companies are being affected by the epidemic and temporarily unable to produce normally.
On February 11, a reporter from the Economic Observation Network called a number of 5G concept stocks as an investor, all of which stated that work cannot be fully resumed at this time, and the recovery period is unknown. According to the analysis of China Securities, operators may delay 5G bidding due to the impact of the epidemic.
Today’s 5G concept rose by 0.7%, of which most of the core stock business comes from base station systems, including product suppliers such as antennas, radio frequency, small and micro base stations, and they directly or indirectly face 5G tenders for telecom operators, and most of them are production companies .
Personnel and logistics restrictions
Tongding Internet (002491), located in Suzhou City, Jiangsu Province, is actively bidding for the operator’s 5G bearer network project. On February 11, the company’s Secretary of the Board of Directors Office stated to Economic Observer that some of the company’s employees could not come to the city. , Some are isolated at home, and the operating rate is affected to a certain extent. At the same time, the local logistics is also severely affected by the epidemic. The company originally stocked goods before the holiday, but it is currently difficult to send them to suppliers.
A few days ago, Guangdong Province launched a first-level response to major public health emergencies. Among them, Shenzhen implemented a reporting system for enterprises that resume production and resume work after February 9. Those who do not meet the conditions for starting work and do not meet the requirements for resumption of reporting and review are strictly prohibited.
Some local suppliers were affected by this and were unable to fully start construction on time. Tongyu Communications (002792), located in Guangdong Province, produces 5G base station antennas, and its customers are communications equipment vendors such as ZTE, Ericsson, and Nokia. On February 11, the company’s secretary of the board of directors told the Economic Observer that it had received a notice from the Guangzhou Municipal Government and that work could only be partially resumed at the moment. The start of work was not determined. The company tried its best to ensure the supply and supply the priority operation to major customers. .
On February 11, Yuan Wenjie, the sales manager of Shenzhen Yichuang Feiyuguang Communication Technology Co., Ltd., told the Economic Observer that the base station supply chain is a production-oriented enterprise. Once production fails, all systems will not work, only some people Telecommuting cannot solve the problem. The company’s optical modules can be built into 5G base stations.
Difficult to resume work
After Guangzhou launched the first-level response, Shenzhen has set relevant conditions for enterprises’ applications for resumption of work, including prevention and control mechanisms, personnel inspections, etc., and implemented hierarchical management of enterprise declarations according to the number of employees.
Yuan Wenjie said that it is difficult for factory operations to meet the requirements for resumption of work. The company originally sent a notice to employees to return to work on February 10, but due to the policy, the deadline was extended.
Yuan Wenjie said that the main reason is that the factory involves a large number of people and is complicated, and it is difficult to check statistics and supervise the 14th quarantine. The company has about 600 employees, of whom more than half cannot come to work. At present, the company has applied for more than 100 people to resume work on the 17th and has not yet received feedback from relevant departments.
In this regard, China Securities Construction Investment estimates that it is not expected to fully resume work in the short term, and it is necessary to continue to track the final impact of the epidemic on various companies. Investors should not be overly optimistic. Affected by this, operators may delay 5G tenders for 2 weeks or more. However, the good point is that it is currently the low season for demand in the communications industry, so the impact in various industries may be relatively small.
Economic Observer Network reporter Shen Yiran 2020 was originally the year of 5G scale construction, and 5G base station supply chain companies are being affected by the epidemic and temporarily unable to produce normally.
On February 11, a reporter from the Economic Observation Network called a number of 5G concept stocks as an investor, all of which stated that work cannot be fully resumed at this time, and the recovery period is unknown. According to the analysis of China Securities, operators may delay 5G bidding due to the impact of the epidemic.
Today’s 5G concept rose by 0.7%, of which most of the core stock business comes from base station systems, including product suppliers such as antennas, radio frequency, small and micro base stations, and they directly or indirectly face 5G tenders for telecom operators, and most of them are production companies .
Personnel and logistics restrictions
Tongding Internet (002491), located in Suzhou City, Jiangsu Province, is actively bidding for the operator’s 5G bearer network project. On February 11, the company’s Secretary of the Board of Directors Office stated to Economic Observer that some of the company’s employees could not come to the city. , Some are isolated at home, and the operating rate is affected to a certain extent. At the same time, the local logistics is also severely affected by the epidemic. The company originally stocked goods before the holiday, but it is currently difficult to send them to suppliers.
A few days ago, Guangdong Province launched a first-level response to major public health emergencies. Among them, Shenzhen implemented a reporting system for enterprises that resume production and resume work after February 9. Those who do not meet the conditions for starting work and do not meet the requirements for resumption of reporting and review are strictly prohibited.
Some local suppliers were affected by this and were unable to fully start construction on time. Tongyu Communications (002792), located in Guangdong Province, produces 5G base station antennas, and its customers are communications equipment vendors such as ZTE, Ericsson, and Nokia. On February 11, the company’s secretary of the board of directors told the Economic Observer that it had received a notice from the Guangzhou Municipal Government and that work could only be partially resumed at the moment. The start of work was not determined. The company tried its best to ensure the supply and supply the priority operation to major customers. .
On February 11, Yuan Wenjie, the sales manager of Shenzhen Yichuang Feiyuguang Communication Technology Co., Ltd., told the Economic Observer that the base station supply chain is a production-oriented enterprise. Once production fails, all systems will not work, only some people Telecommuting cannot solve the problem. The company’s optical modules can be built into 5G base stations.
Difficult to resume work
After Guangzhou launched the first-level response, Shenzhen has set relevant conditions for enterprises’ applications for resumption of work, including prevention and control mechanisms, personnel inspections, etc., and implemented hierarchical management of enterprise declarations according to the number of employees.
Yuan Wenjie said that it is difficult for factory operations to meet the requirements for resumption of work. The company originally sent a notice to employees to return to work on February 10, but due to the policy, the deadline was extended.
Yuan Wenjie said that the main reason is that the factory involves a large number of people and is complicated, and it is difficult to check statistics and supervise the 14th quarantine. The company has about 600 employees, of whom more than half cannot come to work. At present, the company has applied for more than 100 people to resume work on the 17th and has not yet received feedback from relevant departments.
In this regard, China Securities Construction Investment estimates that it is not expected to fully resume work in the short term, and it is necessary to continue to track the final impact of the epidemic on various companies. Investors should not be overly optimistic. Affected by this, operators may delay 5G tenders for 2 weeks or more. However, the good point is that it is currently the low season for demand in the communications industry, so the impact in various industries may be relatively small.
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