On Thursday morning, the civil explosive sector broke out again. As of press time, Poly Union Chemical Holding Group Co.Ltd(002037) recorded seven consecutive sectors, Shanxi Huhua Group Co.Ltd(003002) limit, Hunan Nanling Industry Explosive Material Co.Ltd(002096) , Jiangxi Guotai Group Co.Ltd(603977) , Sichuan Yahua Industrial Group Co.Ltd(002497) , Shanxi Tond Chemical Co.Ltd(002360) and so on.
Ministry of industry and information technology: comprehensively promote industrial digital electronic detonators in 2022
Recently, the Ministry of industry and information technology issued the safety development plan for the civil explosives industry in the 14th five year plan (hereinafter referred to as the plan).
The plan proposes to encourage enterprise restructuring and integration, and tilt to the top ten enterprises in terms of industrial policies, so as to support the merger and reorganization of advantageous enterprises, support the combination of excellence and strength among enterprises, and improve the industrial concentration; Further optimize the product structure, comprehensively promote industrial digital electronic detonators in 2022, continue to reduce the licensed production capacity of packaged industrial explosives, and steadily increase the proportion of the licensed production capacity of on-site mixed explosives.
The plan clearly gives the time node for the full use of digital electronic detonators, that is, stop production before the end of June 2022 and stop sales of other industrial detonators except industrial digital electronic detonators before the end of August 2022.
Poly Union Chemical Holding Group Co.Ltd(002037) what other companies have benefited from the sharp decline in share prices?
In this context, Poly Union Chemical Holding Group Co.Ltd(002037) as a leader in the electronic detonator industry, its share price has risen steadily recently. As of press time, the stock has gained seven consecutive boards, and the stock price has risen by more than 94%.
According to public information, Poly Union Chemical Holding Group Co.Ltd(002037) is a national high-tech enterprise, which is committed to the R & D, production and sales of various civil explosive products, and provides customers with specific blasting engineering solutions and technical services.
In December 2021, Poly Union Chemical Holding Group Co.Ltd(002037) announced that it planned to acquire 70% equity of satellite chemical held by Hebei state control in cash through public delisting. It is understood that satellite chemical is the largest detonator manufacturer in Hebei Province, with a licensed production capacity of 112.5 million detonators, including 13 million electronic detonators.
In addition, the recent popular explosive sector has also attracted the attention of the majority of investors, and relevant enterprises have responded on the interactive platform.
Shenzhen King Explorer Science And Technology Corporation(002917) said on the interactive platform that up to now, the company has an annual production license capacity of 167 million industrial detonators, including 13 million electronic detonators. According to the industry replacement policy, the company will replace ordinary detonators with digital electronic detonators. At present, the work is being promoted.
Sichuan Yahua Industrial Group Co.Ltd(002497) said that at present, the company has a production capacity of more than 50 million electronic detonators, and the production and sales volume ranks first in the country. In the future, it will also actively respond to the requirements of the Ministry of industry and information technology, actively expand the production capacity of electronic detonators and continuously improve the market share.
Hubei Kailong Chemical Group Co.Ltd(002783) said that at present, the company has nearly 20 million non electric detonators and 38.6 million electronic detonators.
In addition, according to the Shanxi Huhua Group Co.Ltd(003002) prospectus, the average selling price of the company’s electronic detonators in 2019 was 19.97 yuan / round; According to the business data of Jiangxi Guotai Group Co.Ltd(603977) in 2019, the average selling price of the company’s industrial detonators was 3.88 yuan / round, and the average selling price of electronic detonators was 17.29 yuan / round.
organization: the market space of electronic detonators exceeds 10 billion
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 that the electronic detonators will penetrate 100% in the future, the market space of electronic detonators will reach 15 ~ 18 billion yuan according to the average price of 15 yuan.
The research report points out that the current application of electronic detonators is concentrated in mining and blasting fields such as coal and mines. Driven by policies in the next few years, it is expected to replace the application fields of ordinary detonators. Focus on Poly Union Chemical Holding Group Co.Ltd(002037) , Shanxi Huhua Group Co.Ltd(003002) , Jiangxi Guotai Group Co.Ltd(603977) , Guangdong Hongda, Hunan Nanling Industry Explosive Material Co.Ltd(002096) , Shenzhen King Explorer Science And Technology Corporation(002917) , Hubei Kailong Chemical Group Co.Ltd(002783) , etc.
