Civil explosive concept stocks Poly Union Chemical Holding Group Co.Ltd(002037) , Shanxi Tond Chemical Co.Ltd(002360) and Tibet Gaozheng Explosive Co.Ltd(002827) closed up today. It is worth noting that leading stock Poly Union Chemical Holding Group Co.Ltd(002037) rose by the word limit for two consecutive trading days today, showing a rare scene of “the higher the price, the lighter the selling pressure”. took advantage of the trend to gain five connected boards , which is the highest standard of connected boards in the current market. The company has recorded six trading limits in the last eight trading days, with a cumulative maximum increase of nearly 80% , which can be called “hot spicy chicken”.
What detonates the stock price at the industry level is the favorable policy. In December 2021, the Ministry of industry and information technology issued the safety development plan for the civil explosives industry in the 14th five year plan, which proposed to comprehensively promote the industrial digital electronic detonator . In addition to retaining a small amount of production capacity for export or other permitted special purposes, the production and sales of ordinary industrial detonators will be stopped before the end of June 2022 and before the end of August 2022.
What funds are behind the “making waves”? According to the one-day list data released after hours, the net capital inflow of the dragon and tiger list was 5.01 million yuan. The business sections of Caitong Securities Co.Ltd(601108) Shangtang road in Hangzhou and Soochow Securities Co.Ltd(601555) northwest street in Suzhou listed the first and second seats, both of which bought more than 20 million yuan. In terms of main sales, sold three seats. Huaxin Securities Shanghai Branch, known as the “quantitative base”, did t, selling a large amount of 11.7 million yuan and buying 13.45 million yuan
Poly Union Chemical Holding Group Co.Ltd(002037) February 8 dragon and tiger list
Poly Union Chemical Holding Group Co.Ltd(002037) said on the investor interaction platform on January 24 that the company will gradually replace ordinary detonators with electronic detonators according to the industrial replacement policy. The company’s share price performance “soared”, but the specific capacity of its electronic detonator is still an unsolved mystery. The associated press of finance will dig into relevant data to find out .
Poly Union Chemical Holding Group Co.Ltd(002037) disclosed in the 2020 annual report that the company is a large-scale civil explosion group that cooperates in the whole industrial chain of civil explosion, and the production and sales of digital electronic detonators rank first in China.
According to the data of the analysis report on market prospect and investment strategic planning of China’s civil explosive industry, as of the first half of 2021, Poly Union Chemical Holding Group Co.Ltd(002037) and Hunan Nanling Industry Explosive Material Co.Ltd(002096) had earned 1.597 billion yuan and 145 million yuan respectively in providing civil explosive services, and Poly Union Chemical Holding Group Co.Ltd(002037) was in an absolute leading position .
Poly Union Chemical Holding Group Co.Ltd(002037) itself has a production capacity of 14 million electronic detonators . Through mergers and acquisitions and foreign investment, according to the statistics of the associated press of finance, has a production capacity of at least 47 million electronic detonators in 2022.
In September 2021, Poly Union Chemical Holding Group Co.Ltd(002037) announced that it would reorganize and integrate the civil explosive business and assets of xingfengde company, and invest in the construction of China’s industry-leading electronic detonator production line with a licensed capacity of 20 million, so as to build Baolian technology into the company’s first industrial electronic detonator production base in Hebei Province.
In December 2021, Poly Union Chemical Holding Group Co.Ltd(002037) acquired 70% equity of civil explosion leading satellite chemical and became the final transferee. Statistics show that satellite chemical is the largest detonator manufacturer in Hebei Province, Hebei satellite chemical has 13 million digital electronic detonators .
Among the more than ten listed companies of civil explosives in China, Poly Union Chemical Holding Group Co.Ltd(002037) has the largest number of production licenses for civil explosives products. According to the data, in 2020, Poly Union Chemical Holding Group Co.Ltd(002037) has a licensed capacity of 438500 tons of industrial explosives and 245 million industrial detonators, accounting for 8.12% and 8.45% of the national licensed capacity in 2020 respectively.
In terms of market share, Poly Union Chemical Holding Group Co.Ltd(002037) is also a well deserved No.1.
According to the data of China blasting equipment industry association, the output of industrial detonators in China was 890 million in 2021, including 164 million electronic detonators, with a year-on-year increase of 40% over last year. At present, the proportion of electronic detonators in the output of industrial detonators has increased from 12% in 2020 to 18% in 2021.
In terms of market space, Everbright Securities Company Limited(601788) it is estimated that the annual consumption of traditional detonators in the market is about 1-1.2 billion. Assuming 100% penetration of electronic detonators in the future, calculated at an average price of 15 yuan, the market space of electronic detonators will reach 15-18 billion yuan .
