Jingmin Hu

Cloud AI Solution

- Supported Nomura International (Hong Kong) Equity Research Division, Technology Team to do capital market analysis, focusing on semiconductor industry in Chinses A-share, US, and HK markets - Collaborated with team members, conducted anchor reports and initiation reports for over 10 semiconductor companies, including AMEC (688012.CH), NAURA (002371.CH), ACM Research (ACMR.US), TTI (669.HK), Sanan Optoelectronics (600703.CH), Fullhan Micro (300613.CH), Goke (300672.CH), Amlogic (688099.CH), etc. - Investigated potential investment opportunities and performed macro and micro analysis by researching industry trends, company products, and performance, competition landscape, management condition, catalysts, and risks. - Searched for drivers for the stock price and income performance. Utilized the data of macro statistics, industry cyclicity, supply and demand change, market share, and production competitiveness to analyze the trend of price and sales performance - Utilized P/E, P/B, and EV/Sales valuation method to deliver valuation analysis based on self-built financial model and forecast, and provide investment advice

- Researched food and beverage companies in the Chinese A-share market, in snacks, liqueur, planting, and breeding industry. Coverage includes Longping High-tech Agriculture (000998.CH), Juewei Food (603517.CH) and Muyuan Food (002714.CH) - Analyzed business model and supply chain with company’s operation data including revenue, cost, distribution efficiency, and evaluated company’s profitability and performance - Predicted price trend by conducting industry cycle analysis from the perspective of supply, demand, and production cycle, and summarizing the short-term, medium-term, and long-term periodic law, considering the influence of policy, regulation, and business environment as well - Tracked price and production data of food and beverage industry including liquor, wine, beer, dairy products, meat, and conducted weekly reports to follow market dynamic and give investment suggestion

- Carried out top-down analysis on PNC (603690.CH) and Jiemei (002859.CH), analyzed macroeconomy, capital market, industry condition, and individual companies’ financial situation - Forecast semi equipment market size from the demand side, based on the data of foundry expansion, downstream companies’ capital expenditure, and major customer’s capacity - Performed Multi-Layer Ceramic Capacitors (MLCC) market size forecast by splitting its end-market into the mobile phone, vehicle, and PC

- Assisted consultants to investigate the IT construction situation for a Chinese state-owned industrial enterprise and proposed a suggestion for their informatization management improvement - Applied Porter's Five Forces model, Strengths-Weakness-Opportunities-Threats (SWOT) analysis, and supply chain model to analyze the company’s management, operation, competition condition and provided suggestions - Created several questionnaires for the client to collect information on IT system construction from over 100 subsidiaries, conducted due diligence by interviewing more than 50 management and investigating more than 20 factories around the country