The week before the Spring Festival holiday, the machinery and equipment index fell 6.01%, the Shanghai and Shenzhen 300 index fell 4.51%, and the gem index fell 4.14%. Machinery and equipment ranked 23rd in the rise and fall of all 28 industries.
This week’s view
Semiconductor equipment: shengmei semiconductor was selected as the 100 fastest-growing companies by Fortune magazine. The shipment amount of semiconductor equipment in the United States hit a record high in 2021. According to the “list of the 100 fastest-growing companies in the world in 2021” selected by Fortune magazine, ACM research, the controlling shareholder of shengmei Shanghai, ranked eighth with an average annual revenue growth rate of 56% and an average annual EPS growth rate of 39% in the past three years, demonstrating the high growth of the company. In addition, according to the data released by semi, the shipment amount of semiconductor equipment in North America in December 2021 was $3.92 billion, second only to the performance in November, ranking the second highest in history. At the same time, the shipment amount in 2021 reached $43 billion, a year-on-year increase of 44.3%, a record high. At present, the global industry is actively building chip factories, and the demand for semiconductor equipment is still in a strong trend. With the continuous shortage of semiconductor parts supply, parts manufacturers and equipment manufacturers are still expected to continue the revenue recognition of strong orders. It is suggested to pay attention to the progress in the field of semiconductor parts and equipment. Recommend shengmei Shanghai, Wuhan Jingce Electronic Group Co.Ltd(300567) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Naura Technology Group Co.Ltd(002371) , Kingsemi Co.Ltd(688037) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Shanghai Wanye Enterprises Co.Ltd(600641) , Hangzhou Chang Chuan Technology Co.Ltd(300604) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Thinkon Semiconductor Jinzhou Corp(688233) .
Wind power equipment: the amount of wind power bidding in January exceeded expectations, and the price of sea breeze continued to decline. According to our incomplete statistics, the number of onshore wind power bidding in January exceeded 10GW, significantly higher than that in the same period of previous years. Among them, large bidding includes China Resources Datang 5GW, Huaneng 3.11gw and China Resources 0.65gw. The annual bidding volume is worth looking forward to. On January 27, the bid evaluation results of zheneng Taizhou No.1 offshore wind farm project were publicized. Dongfang wind power finally won the bid with a unit price of 3548 yuan / kW (including tower). According to previous experience, the unit price of the winning wind turbine has been lower than 3000 yuan / kW, breaking a new low in history, fully revealing the cost reduction potential of large-scale offshore wind power. At present, the wind power industry is in the stage of rapid development. Land wind has achieved parity, sea wind has continued to reduce costs and parity, and the leaders in all links will continue to benefit. Jiangyin Hengrun Heavy Industries Co.Ltd(603985) is recommended. It is recommended to pay attention to Haili wind power and Ningbo Orient Wires & Cables Co.Ltd(603606) .
Photovoltaic equipment: in 2021, 53gw of photovoltaic equipment was added, and the cumulative installed capacity exceeded 300gw. A new steel sector printing technology was launched, and a breakthrough was made in reducing the cost of silver paste. According to the statistics of the national energy administration, China’s newly added photovoltaic power generation grid connected installed capacity in 2021 was about 53 million KW, ranking first in the world for nine consecutive years. By the end of 2021, the installed capacity of grid connected photovoltaic power generation had reached 306gw, ranking first in the world for seven consecutive years. Recently, Suzhou Maxwell Technologies Co.Ltd(300751) launched an innovative technology about Cecep Solar Energy Co.Ltd(000591) battery screen printing – full opening Cecep Solar Energy Co.Ltd(000591) battery steel sector printing technology, which plays a vital role in reducing silver paste consumption. Because the grid line printing area is a full opening structure and the printing height is uniform, about 20% silver paste can be saved under the condition of manufacturing batteries with the same efficiency. With its advantages in yield, cost and efficiency, heterojunction has attracted great attention from various battery manufacturers. Up to now, the capacity planning of China’s hjt project has exceeded 130gw. It is recommended to pay attention to the core equipment manufacturers with leading layout and dominant technology on hjt. Recommend Suzhou Maxwell Technologies Co.Ltd(300751) and pay attention to Wuxi Autowell Technology Co.Ltd(688516) .
Lithium battery equipment: LG new energy was officially listed, and overseas battery plants entered the period of capacity expansion. On January 27, LG new energy was officially listed on the Korean stock exchange. The IPO raised about 67.3 billion yuan and the issue price was about 1600 yuan per share. The opening share price soared by 99% on the same day, with a market value of 750 billion yuan, becoming the second largest listed company in South Korea. At the same time, LG New Energy announced that it would cooperate with GM to establish the third and fourth factories in the United States. In addition, other overseas battery manufacturers have also entered the capacity expansion period. Ski held the commencement ceremony of 30GW power battery project in Yancheng Economic Development Zone on January 17; Northvolt and Volvo will jointly establish a 50gwh battery manufacturing plant in Gothenburg, western Sweden, which is expected to be put into operation in 2025. According to our incomplete statistics, the capacity of Chinese manufacturers is expected to exceed 1twh by 2025, of which the planned capacity of catl exceeds 700gwh, Byd Company Limited(002594) exceeds 180gwh, and the planned capacity of honeycomb energy reaches 600gw. Under the accelerated production expansion layout of battery manufacturers, the lithium battery equipment industry will fully benefit. Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Shanghai Sk Automation Technology Co.Ltd(688155) are recommended.
Recommended combination
Recommended combination: shengmei Shanghai, Wuhan Jingce Electronic Group Co.Ltd(300567) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Naura Technology Group Co.Ltd(002371) , Kingsemi Co.Ltd(688037) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Shanghai Wanye Enterprises Co.Ltd(600641) , Hangzhou Chang Chuan Technology Co.Ltd(300604) , Jiangyin Hengrun Heavy Industries Co.Ltd(603985) , Suzhou Maxwell Technologies Co.Ltd(300751) , Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Shanghai Sk Automation Technology Co.Ltd(688155) , Kunshan Dongwei Technology Co.Ltd(688700) , Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Sany Heavy Industry Co.Ltd(600031) , Jiangsu Hengli Hydraulic Co.Ltd(601100) , Thinkon Semiconductor Jinzhou Corp(688233) , Konfoong Materials International Co.Ltd(300666) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Kunshan Kinglai Hygienic Materials Co.Ltd(300260) ;
It is suggested to pay attention to: Zhejiang Dingli Machinery Co.Ltd(603338) , Shaanxi Construction Machinery Co.Ltd(600984) , Guangxi Liugong Machinery Co.Ltd(000528) , Haili wind power, Ningbo Orient Wires & Cables Co.Ltd(603606) , Wuxi Autowell Technology Co.Ltd(688516) .
Risk tips
Risk warning: the impact of the epidemic exceeds expectations; The localization of semiconductor equipment has slowed down and price competition has intensified.
