The wave of electrification is rolling in, and the market of electric heavy truck is also opening rapidly. According to the latest terminal sales data of traffic compulsory insurance, in January 2022, the sales volume of Shanxi Guoxin Energy Corporation Limited(600617) heavy truck industry was 2283, up 1318% year-on-year. This data also makes the penetration rate of new energy heavy trucks in heavy trucks rise to 7.5%.
Because 99% of the new energy heavy trucks are pure electric heavy trucks using power batteries. Related construction machinery giants and lithium battery giants have begun to develop together, and this track is heating up continuously.
The annual sales volume of is expected to reach 40000
According to the historical data, the monthly sales volume of new energy heavy trucks in January this year is actually the third highest in history. The highest sales volume in a single month last year was more than 3000.
Since September last year, the monthly sales volume of new energy heavy trucks has always remained above 1000. Last year, the sales volume of electric heavy trucks increased nearly three times year-on-year.
The report of the Research Institute of high industry pointed out that heavy industrial enterprises such as steel and coal have made it clear that transport vehicles will adopt zero emission or lower carbon emission models in the future. In the context of accelerating the realization of the "double carbon" goal, new energy heavy trucks will usher in new development opportunities.
Taking Tangshan, a steel production base, as an example, the number of new energy heavy trucks registered reached 571 in January this year, which has become one of the most important cities using new energy heavy trucks.
Looking ahead to the market this year, industry experts predict that the output of electric heavy trucks is expected to triple in 2022, reaching more than 40000 vehicles.
enterprises show their magic power for pain points
According to the relevant report of AVIC securities, 2025 will usher in the first peak sales of motorized products. By 2025, the sales volume of motorized products of four types of engineering vehicles: concrete mixer, muck truck, excavator and loader is expected to reach 120000 units, with a penetration rate of 25%. This means that both construction machinery giants and lithium battery enterprises will usher in a new huge market.
According to Xuzhou XCMG New Energy Automobile Co., Ltd. (hereinafter referred to as "XCMG new energy"), the company's sales of new energy heavy trucks reached 484 in January, ranking first among all enterprises.
As the commercial application of new energy heavy truck has just started, there are many pain points. In order to seize more market share, XCMG new energy has provided a variety of solutions.
For example, XCMG's dump truck and tractor adopt hoisting power exchange device, which can realize fast power exchange in 5 minutes and efficient operation in 24 hours. The XCMG intelligent power exchange muck truck and the charge exchange integrated concrete mixer can share a power exchange platform to share batteries. It can effectively promote the unification of power exchange standards for heavy trucks, accelerate the popularization and application of power exchange heavy trucks, and further promote the development of green economy. At present, in the fields of steel plant transportation and urban construction in Hebei, Jiangsu and other cities, the number of XCMG new energy power exchange heavy trucks in operation has reached thousands.
Another construction machinery giant Sany group also announced at the end of last year that the first intelligent power exchange station of Sany group was officially unveiled. The intelligent power exchange station is highly integrated and assembled in two containers. It can move quickly according to the construction period, and can get off the station and put into operation in one day at the fastest. The power exchange process of this intelligent power exchange station is fully automatic, and efficient energy supplement can be completed in less than 5 minutes.
binding between battery giants and heavy truck enterprises
Batteries are the heart of new energy vehicles. Compared with passenger cars, engineering vehicles use more batteries, which is one of the application fields that battery enterprises attach great importance to.
The relevant person in charge of Contemporary Amperex Technology Co.Limited(300750) admitted in an interview with the reporter of Shanghai Securities News that the company is fully promoting capacity expansion to better meet the wave of electrification, and the application direction is also actively expanding to areas with greater battery consumption such as ships and heavy trucks.
According to the report of the Institute of high industry, in the first 11 months of last year, the installed capacity of Shanxi Guoxin Energy Corporation Limited(600617) heavy truck power battery was about 2.23gwh, an increase of 229% year-on-year. Among them, Contemporary Amperex Technology Co.Limited(300750) has a market share of 85%.
Contemporary Amperex Technology Co.Limited(300750) it has been estimated that only one electric mine card can save nearly 300000 yuan of energy cost every year, and the market space is huge. Therefore, as early as July 2020, Contemporary Amperex Technology Co.Limited(300750) has entered the smart mine project and plans to reconstruct the mining ecological model and replace the traditional mine card with electric mine card. Soon after, the company cooperated with BAIC Foton in the power replacement heavy truck project, and has continued to work in this field since then.
The latest news shows that Contemporary Amperex Technology Co.Limited(300750) and Faw Jiefang Group Co.Ltd(000800) signed the five-year supply and demand linkage agreement in Changchun, Jilin Province at the end of January to further bind with downstream auto enterprises.
Other enterprises are not willing to lag behind. In January this year, Yiwei power signed a strategic cooperation agreement with Sany Heavy Truck and special call. The three parties will carry out comprehensive cooperation in new energy heavy truck, power battery manufacturing and R & D, charging service, battery echelon utilization, energy storage microgrid and so on.
At the end of last year, zhongchuangxin Airlines (formerly AVIC lithium battery) also obtained three heavy truck models in different application fields, such as HOWO v7-x8 * 4 pure electric mixer, 8 * 4 muck truck and 6 * 4 tractor of Sinotruk Jinan Truck Co.Ltd(000951) Group Chengdu ace Commercial Vehicle Co., Ltd., and completed loading.
On February 16, the State Council issued the notice on carrying out the third national soil survey (hereinafter referred to as the notice). According to the notice, the third national soil survey will be carried out since 2022, and it will take four years to comprehensively find out the soil quality of agricultural land.
This is the second soil survey in China since 1979, and the soil survey has been started again after 40 years.
Source: Official Website of the State Council
Boosted by this news, the environmental protection sector rose sharply on February 17!
Ecological restoration stocks Qingdao Greensum Ecology Co.Ltd(300948) , Bceg Environmental Remediation Co.Ltd(300958) "20cm" closed to the daily limit, Bgt Group Co.Ltd(300774) rose 13.87%, Tus Environmental Science And Technology Development Co.Ltd(000826) , Poten Environment Group Co.Ltd(603603) rose 10%, Zhejiang Zone-King Environmental Sci&Tech Co.Ltd(688701) , Tianyuan environmental protection, Xingyuan Environment Technology Co.Ltd(300266) , Yonker Environmental Protection Co.Ltd(300187) also rose higher.
On the interactive platform, the topic of soil survey also heated up suddenly, and many companies responded to relevant business situations.
The notice requires that we comprehensively find out China's soil types and distribution laws, the current situation and change trend of soil resources, truly and accurately grasp the basic data such as soil quality, properties and utilization, and improve the protection and utilization level of soil resources. The census objects include the national cultivated land, garden land, forest land, grassland and other agricultural land and the soil of some unused land. According to the census schedule, the acceptance, collection and summary of census results will be completed in the second half of 2025.
ecological restoration capital recruits "20cm"
The Qingdao Greensum Ecology Co.Ltd(300948) and Bceg Environmental Remediation Co.Ltd(300958) that welcome the limit belong to the subdivided field of ecological restoration and are "recruits" in the capital market listed in 2021.
Qingdao Greensum Ecology Co.Ltd(300948) since its establishment for more than 20 years, it has completed the ecological restoration of nearly ten million square meters nationwide; Bceg Environmental Remediation Co.Ltd(300958) has the only national engineering laboratory in the field of industrial pollution site remediation.
Source: China stock market news
In March 2021, Bceg Environmental Remediation Co.Ltd(300958) landed on the gem and became the first concept stock of A-share, mainly engaged in environmental remediation business.
Bceg Environmental Remediation Co.Ltd(300958) its main business includes overall solutions for soil and groundwater remediation, water environment and mining, as well as technical consulting services for site investigation and risk assessment, remediation project process consultation and environmental emergency consultation at the front end of the environmental remediation industry.
It is reported that the company has more than ten years of experience in the implementation of contaminated site remediation projects, and has accumulated more than 300 environmental remediation projects that have been completed and are being served. At the same time, it has the only national engineering laboratory in the field of industrial pollution site remediation. The scientific research team of "key technology and application of industrial pollution site remediation" participated by the company has successfully won the 2021 science and technology promotion and development award of the Chinese Academy of Sciences.
Image source: Bceg Environmental Remediation Co.Ltd(300958) official website
In addition, Bceg Environmental Remediation Co.Ltd(300958) has participated in the drafting and preparation of a number of national and industrial standards. National and local standards such as technical guidelines for groundwater remediation and risk control in contaminated plots, code for investigation of contaminated sites, technical guidance for exploration of contaminated sites and general principles for green and sustainable remediation of contaminated plots have been officially released.
Qingdao Greensum Ecology Co.Ltd(300948) focus on core ecological restoration businesses such as vegetation restoration, water and soil conservation, sand prevention and control, water area and comprehensive management.
The company focuses on the research of ecological restoration technology. Relying on the core technical advantages, good restoration effect, advanced management level and project undertaking ability to deal with various large-scale and complex restoration environments, the company has developed from undertaking vegetation restoration subcontracting business in the early stage to undertaking complex and large-scale ecological restoration projects.
Image source: Qingdao Greensum Ecology Co.Ltd(300948) announcement
In recent years, the company's ecological restoration projects have covered mine ecological restoration, bare slope ecological restoration, soil and water loss control, ecological restoration in arid and desertification areas and ecological restoration in alpine and high altitude vulnerable areas. In the north, Fuyuan County, Heilongjiang, Sansha City, Hainan, Shanghai in the East and more than 70 cities in 30 provinces, municipalities and autonomous regions in Xinjiang in the West, Nearly ten million square meters of ecological restoration has been completed.
each subdivided field of environmental protection is expected to fully benefit
In addition to the "sharp rise" of professional ecological restoration enterprises, the whole environmental protection sector shows a general upward trend. Bgt Group Co.Ltd(300774) , Tus Environmental Science And Technology Development Co.Ltd(000826) , Poten Environment Group Co.Ltd(603603) , Xingyuan Environment Technology Co.Ltd(300266) , Yonker Environmental Protection Co.Ltd(300187) also increased.
"We expect to fully benefit from solid waste, hazardous waste, renewable resources, water affairs, monitoring and other fields in the subdivided industries of environmental protection, and the overall investment in environmental protection is expected to increase significantly in 2022." Gf Securities Co.Ltd(000776) the research report said.
The research report points out that environmental protection infrastructure is one of the important main lines of the common intersection of "steady growth" and "double carbon". Recently, the guiding opinions on accelerating the construction of urban environmental infrastructure and the implementation plan on accelerating the comprehensive utilization of industrial resources have been issued one after another, highlighting the country's power and determination to promote "environmental protection infrastructure" and "recycling". At present, the latest pe-ttm of the environmental protection sector is only 17.67 times, and the institutional configuration and valuation are at the bottom of history. We pay attention to the bottom reversal opportunity under the expectation of new infrastructure + the continuous performance of environmental protection enterprises.
In response to the guidance on accelerating the construction of urban environmental infrastructure jointly issued by four ministries and commissions recently, Capital Securities believes that infrastructure investment is an important way under the background of steady growth, and environmental infrastructure investment will also become an important field of steady growth. Environmental protection enterprises in the fields of sewage treatment, domestic waste treatment, solid and hazardous waste treatment and recycling will usher in more business opportunities. At the same time, the improvement of the price charging system in the field of environmental protection is expected to further improve the profitability of environmental protection enterprises.
On the same day, the third soil survey also quickly attracted investors' attention, and many companies responded to investors' concerns through the interactive platform. As Yonker Environmental Protection Co.Ltd(300187) said in its response, the company has participated in national projects such as land survey of key enterprises, and the company very much hopes to have the opportunity to contribute to the third national soil survey.
Source: Shenzhen Stock Exchange Interactive Trading Co., Ltd
Pony Testing International Group Co.Ltd(300887) said that a total of 21 laboratories of puni group and its subsidiaries were successfully shortlisted in the list of cultivated land quality standardization laboratories of the Ministry of agriculture and rural areas. The company has participated in the first two national soil surveys and is qualified to participate in the third soil survey. Shandong Huapeng Glass Co.Ltd(603021) also said that Tianyuan information, a holding subsidiary, actively participated in the third round of national soil survey business.
A wave of adjustment at the beginning of the year has revived the pessimism of the market. Can the growth track rise again, how to layout the hottest "steady growth" at the beginning of the year, and where are the biggest opportunities for the market in the future?
On February 17, the 2022 Capital Market Summit and investment strategy meeting of Minsheng securities was held in Shanghai. The summit "collision" gave some unique views on the above key issues.
Zhou Junzhi, chief Macro Analyst of Minsheng securities, said that the direction determined this year is "steady growth", and the starting point of "steady growth" in the future will directly point to the consumption field; Mou Yiling, chief analyst of Minsheng securities strategy, believes that more opportunities in the future will appear outside the consensus of the past three years, which will be different from the market dominated by the "core track" in the past.
the comprehensive registration system will go to
opportunities and challenges coexist
Feng Henian, Secretary of the Party committee, chairman and President of Minsheng securities, said in his speech at the summit that this year will be an extraordinary year. The internal and external environment is still complex and changeable. China's economy will highlight its resilience, keep its fundamentals upward for a long time, and the comprehensive registration system will be implemented soon. Opportunities and challenges coexist.
Feng Henian said that Minsheng securities has made it clear that it will be rooted in Pudong, based in Shanghai, deeply cultivate the Yangtze River Delta and look at the whole country. Taking the investment banking business with industry advantages as the leader, we will fully implement the Trinity business development strategy of "investment + investment banking + investment research", provide customers with all-round, all industry chain and integrated comprehensive financial services, and contribute to the high-level reform and opening-up of Pudong New Area and building a leading area of socialist modernization.
the direction set this year is "steady growth"
In the research report in recent months, Minsheng Securities Research Institute has repeatedly prompted attention to "steady growth". Zhou Junzhi said at the strategy meeting that what is determined this year is the direction of "steady growth", while what the market has not yet determined is the rhythm of "steady growth".
She said that at present, the profits and investment of infrastructure and some middle and downstream enterprises have improved marginally, but consumption and real estate are still relatively weak. Therefore, the starting point of "stable growth" in the future may directly point to the field of large consumption. Strictly speaking, infrastructure construction has been in high volume since the end of December last year. In the first quarter of this year, it is a very strong "good start" for infrastructure construction. There is no need to worry too much about the capital and project scale. In the future, the "steady growth" policy may focus on large consumption, and the real estate and consumption data are expected to stabilize.
Zhou Junzhi believes that what needs to be paid attention to and waited for from the perspective of the market is the rhythm of "steady growth", including equity, interest rate and fixed income, which will be affected by the rhythm of "steady growth". In all rhythms, the most important thing is to observe the real estate and epidemic situation, corresponding to the real estate data and consumption data respectively.
the biggest opportunity in the future market is beyond the consensus
Mou Yiling said that at present, inflation is becoming a new "pricing anchor". In the future, more opportunities are beyond the consensus of the past three years, which will be different from the market dominated by "core track" in the past.
"Although the market seems to have experienced a bull market for three years, China's value stocks (valuation) are still at a low level in the world. They are very cost-effective in terms of their own valuation quantiles and relative growth stocks It is precisely the type of funds preferred by the "institutional bull market" in the past. However, from the perspective of incremental funds, the preference of "fixed income +" funds brought by financial net worth is different from that of equity public funds. They have shown a preference for finance and cyclical industries. " Mou Yiling said.
Mou Yiling believes that "avoiding institutions" does not simply start from the game. On the contrary, it is precisely because in the past three to five years, institutional investors in the whole market have made full value discovery on the past economic fundamentals that they have allocated the best assets in the past. However, the current environment is changing again, and the traditional economy and the forgotten corners of the past deserve more attention.
Mou Yiling said that the most promising investment directions are resource cyclical stocks and financial stocks, including nonferrous metals (copper, gold and aluminum), crude oil (oil and gas exploitation and oil transportation) and coal; Banking, real estate, construction, steel. In addition, as middle and low-income people get more attention, consumption " Newland Digital Technology Co.Ltd(000997) " will also appear. You can pay attention to middle and low-end, second tier and regional brands. In terms of growth stocks, despite the possibility of periodic rebound, it is recommended to choose the relatively dominant energy construction and the digital economy that can alleviate the contradiction of inflation.
