The industrial mother machine benefits from favorable policies, and 14 concept stocks are actively traded.

On August 14, the Ministry of Finance, the State Taxation Administration, the National Development and Reform Commission, and the Ministry of Industry and Information Technology issued an announcement regarding the corporate income tax policy for non-monetary asset exchanges by integrated circuit companies and industrial mother machine companies. Bai Yanfeng, a professor at the School of Finance and Taxation of Central University of Finance and Economics, believes that the aforementioned tax incentives will help reduce the tax burden related to eligible asset transactions by deferring taxes, encouraging companies to engage in asset swaps and improving asset allocation efficiency. Integrated circuits and industrial mother machines are key areas for the development of new productive forces in China in recent years. These tax incentives provide a stable expectation of corporate income tax relief for relevant industries, promoting high-quality development during the 14th Five-Year Plan period. Since the beginning of this year, the market performance of industrial mother machine concept stocks has varied greatly. According to statistics from Securities TimesData Express, as of the close on August 14, there are 14 industrial mother machine concept stocks whose prices have risen cumulatively this year, accounting for less than half. Eight stocks have increased by more than 10%, including Huarui Precision, Qiaofeng Intelligent, Genesis, Tianrun Industrial, Yuhuan CNC, Haozhijidian, Yujing Co., Ltd. and Guosheng Zhike. In terms of trading volume, according to Data Express, as of the close on August 14, among the industrial mother machine concept stocks, 14 stocks had a daily average trading volume in August that increased by more than 10% compared to last month, with leading increases reported by Huadong CNC, Hengjin Induction, Huazhong CNC, Hezhuan Intelligent, and Shenyang Machine Tool.