[today’s Guide]
As an indispensable part of the new power system, lithium battery giant has stepped up the energy storage industry. This company has a full range of energy storage solutions
The price of strategic resource products has reached an all-time high. The company’s project is about to be put into operation in the season of tight supply + peak demand
The third national soil survey is about to start, and the construction of environmental protection infrastructure is accelerated. The businesses of these companies have covered many fields such as soil testing
The first batch of high energy density lithium battery products came out. The theoretical specific capacity of this material is 10 times that of graphite, or it is the first choice for the next generation of high energy density lithium ion batteries
6G new breakthrough! Tsinghua university completed the world’s first high-speed relay transmission demonstration and verification experiment
The paper mill issued 18 additional price increase letters, involving multiple paper types
[subject details]
an indispensable part of the new power system, lithium battery giant overweight energy storage industry
LG New Energy announced on the 17th that the company officially acquired 100% shares of NEC energy solutions (nec es), an energy storage system manufacturer of NEC in the United States, and established a new legal person LG new energy vertech to enter the energy storage system integration market.
The realization of the goal of carbon neutralization requires the large-scale construction of new energy such as wind power and photovoltaic. The effective operation of new energy power generation needs the support of new power system. The new power system is undergoing the change from “source network load” to “source network load storage”. In the era of energy reform, energy storage is expected to become the fourth basic element of the new power system. By the end of 2021, among the cumulative global energy storage installed capacity, pumped storage installed capacity still occupies the main position, accounting for more than 90%, mainly due to the low cost of pumped storage and meeting the demand for long-term energy storage; In recent years, lithium-ion battery energy storage system plays a major role in the new energy storage installation, mainly due to the gradually decreasing cost and its flexible regulation ability. Huachuang securities analysis pointed out that the representative electrochemical energy storage of new energy storage in the future will have an annual compound growth rate of more than 50% during the 14th Five Year Plan period. In the long run, energy storage is an essential part of the new power system, and the distribution and storage of new energy will become a consensus.
Among A-share listed companies, Kehua Data Co.Ltd(002335) has made layout in the fields of power generation side, power grid side, power consumption side and Microgrid energy storage, and has a full range of energy storage solutions. Shenzhen Sinexcel Electric Co.Ltd(300693) facing the energy storage market of industry and Commerce and power grid side, the company launched modular energy storage converter. For the energy storage system integration market, the company launched semi integrated energy storage system products that integrate electrical equipment into containers. Guangzhou Goaland Energy Conservation Tech Co.Ltd(300499) there are technical reserves and solutions based on lithium battery single cabinet energy storage liquid cooling products, large-scale energy storage power station liquid cooling system, prefabricated cabin energy storage liquid cooling products and so on.
the price of phosphate fertilizer has reached an all-time high, with tight supply + peak demand season
After the beginning of spring, spring cultivation and preparation for cultivation have been carried out from south to north, and the demand for relevant funds has also increased rapidly. According to China’s Agricultural Bank Of China Limited(601288) and Postal Savings Bank Of China Co.Ltd(601658) , the funds prepared by the two banks for spring farming this year have exceeded 250 billion yuan. The fertilizer market for spring ploughing was launched in 2022. The resumption pace of mainstream phosphorus and compound fertilizer enterprises was earlier than that in previous years, and the demand for ammonium phosphate warmed up rapidly.
The price of phosphate rock has reached an all-time high and the cost support is strong. According to Baichuan, the market price of phosphorus ore at the end of 2021 was about 645 yuan / ton, an increase of about 72.46% over 374 yuan / ton at the beginning of the year. Anxin Securities believes that phosphate rock resources are non renewable, the supply of phosphate rock is limited under the production restriction policy, the price of phosphate rock at home and abroad has reached an all-time high, and the global phosphate rock market boom may continue to rise. January February is the traditional stoppage period of phosphate rock in China. After the stoppage of mining in Hubei and Sichuan in early 2022, the market mining volume declined, the market supply tightened, and the price of phosphate rock remained high. The time of the greatest pressure on phosphate fertilizer inventory has passed, and the price remains strong. With the gradual development of spring ploughing and fertilizer preparation, the peak demand season in China is coming, and the amount of ammonium phosphate enterprises to be received and sent in advance is sufficient. Some export orders in the second quarter are expected to pass the legal inspection, the export will be liberalized, the internal and external demand will be good, and the price of phosphate fertilizer has room to rise. In addition, the demand for new energy vehicles is superimposed with the increase in the application proportion of iron lithium batteries in new energy vehicles, and the demand for raw iron phosphate is also increasing, which is expected to drive the prosperity of phosphate rock phosphoric acid / monoammonium phosphate iron phosphate lithium iron phosphate industrial chain upward.
Among A-share listed companies, Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) 100000 tons of purified phosphoric acid is expected to be put into operation this month. Sichuan Development Lomon Co.Ltd(002312) is the largest manufacturer of industrial monoammonium phosphate and feed grade calcium hydrogen phosphate in China. The phosphorus ore reserves of the company are about 30.026 million tons, which means that the phosphorus ore reserves are good.
the third national soil survey is about to start, and the construction of environmental protection infrastructure is accelerated
The State Council issued a circular on carrying out the third national soil survey. The survey objects are the soil of cultivated land, garden land, forest land, grassland and some unused land. The general survey includes soil properties, types, site conditions, utilization status, etc. In 2022, we will complete the preparation of work plan, the formulation of technical regulations, the construction of work platform, the planning and layout of field sampling points, the pilot survey, carry out training and publicity, and start and complete the national saline alkali land survey. In the first half of 2025, complete the sorting of census results and data review, and summarize and form the basic data of the third National Soil Census; In the second half of the year, we will complete the acceptance, collection and summary of the survey results, build a soil survey database and sample database, and form a national cultivated land quality report and a national soil utilization suitability evaluation report.
Recently, the national development and Reform Commission and other departments issued the guiding opinions on accelerating the construction of urban environmental infrastructure, proposing to significantly improve the supply capacity and level of urban environmental infrastructure by 2025 and build an environmental infrastructure system integrating sewage, garbage, solid waste, hazardous waste and medical waste treatment and disposal facilities and monitoring and supervision capacity. Capital securities analysis pointed out that under the background of steady growth, infrastructure investment is an important way, 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.
Among the A-share listed companies, Suzhou Electrical Apparatus Science Academy Co.Ltd(300215) wholly-owned subsidiary Suzhou Guohuan environmental testing Co., Ltd. serves more than 800 items, including water and wastewater, air, waste gas, soil, sediment, solid waste, noise and toxic substances. It is listed by Jiangsu provincial environmental protection department as one of the eight comprehensive testing institutions “recognized by the first batch of social environmental testing institutions for environmental monitoring business ability”. Ncs Testing Technology Co.Ltd(300797) at present, the instruments and equipment produced and developed include food / soil heavy metal detector, wavelength dispersive X-ray fluorescence spectrometer, etc. Guangxi Bossco Environmental Protection Technology Co.Ltd(300422) the current detection business scope includes: environmental monitoring (wastewater, ambient air and exhaust gas, soil and sediment, solid waste, pollutants discharged by vehicles, etc.).
the first batch of high energy density lithium battery products came out, and the theoretical specific capacity of this material is 10 times that of graphite
Amprius company in California announced that it has produced the first batch of lithium batteries with ultra-high energy density. The battery density of this lithium battery reaches 450wh / kg (1150 WH / L), which is the lithium battery with the highest energy density among the available batteries at present. By weight, the energy of the amprius lithium battery is 73% higher than that of the Tesla Model 3 battery, but the volume is reduced by 37%. Amprius said that the battery can achieve such high energy density mainly because it uses silicon nanowire technology.
Silicon nanowires are materials with a width of about 10 nm and an unlimited length. They are a new type of one-dimensional semiconductor nanomaterials. The patent of amprius shows that the energy density of silicon nanowires can still reach 1000mah / G after 180 cycles. The theoretical specific capacity of silicon material is much higher (about 10 times) than that of graphite, which is approaching the performance limit, and the voltage to lithium is not high. It is expected to become the preferred cathode material for high energy density lithium batteries. According to the budget of Gaogong lithium battery, the demand for silicon-based cathode materials will be 22000 tons in 2022, the CAGR will reach 80% from 2019 to 22, and the average gross profit margin of the industry will be more than 40%. New era Securities said that silicon has low electrochemical lithium intercalation potential, no lithium precipitation problem and rich reserves. Silicon based negative electrode is the first choice for high energy density lithium-ion batteries.
Among A-share listed companies, China Baoan Group Co.Ltd(000009) subsidiary beiteri beiteri has cooperated with Huawei to develop projects related to silicon-based negative electrode materials and protect patents for related technologies. The company’s silicon-based negative electrode materials are sold to customers at home and abroad. Shandong Shida Shenghua Chemical Group Company Limite(603026) silicon based negative electrode material products are ordinary siox-c negative electrode and high first effect siox-c negative electrode. At present, the customers who send samples for testing include major lithium battery manufacturers in China. Chengdu Guibao Science & Technology Co.Ltd(300019) a 50 t / a silicon carbon cathode pilot production line will be built in 2019. The products have passed the evaluation of several battery manufacturers and achieved small batch supply.
6G new breakthrough! Tsinghua university completed the world’s first high-speed relay transmission demonstration and verification experiment
Recently, it was learned from the aerospace electronic system laboratory (Avionics laboratory) of the school of Aeronautics and Astronautics of Tsinghua University that during the Beijing Winter Olympics from January 2022 to February 2022, Tsinghua University successfully completed the world’s first demonstration and verification experiment of W-band vortex electromagnetic wave orbital angular momentum (OAM) 1tbps high-speed relay transmission. The whole OAM experimental system provides 1tbps high-speed relay transmission capability within 1km, It can meet the wireless relay and forwarding demand of the hypothetical super large live broadcast capacity of the Winter Olympic Games, reaching the highest level in this field in the world, demonstrating that China has taken the lead in the world in the research of 6G potential core key technologies.
The speed of 6G will reach 50 times that of 5g, and the delay will be shortened to one tenth of 5g. According to Samsung’s white paper, the completion and commercialization of 6G standard may be realized as early as 2028, and large-scale commercialization may be realized around 2030. With the development of 6G, the research of song Guosheng and Jiaji securities industry has entered a new stage. At present, song Guoji has entered the basic research stage of 6G.
Among the listed companies, Guangdong Shenglu Telecommunication Tech.Co.Ltd(002446) said that in the development of 6G technology, relevant technologies and products of integrated information networks covering space, air, land and ocean have been studied, and relevant millimeter wave technologies have applied for patents; The terahertz project led by Daheng New Epoch Technology Inc(600288) has received substantial support from the Ministry of science and technology. Terahertz spectrometer continues to supply scientific research institutions such as universities and research institutes. Terahertz is considered to be the key technology to realize 6G.
the paper factory issued 18 additional price increase letters involving multiple paper types
Following the price increase announced by corrugated paper and carton board manufacturers, the prices of many kinds of paper such as gray background white, cow card, special paper and household paper also increased. Henan Jianghe Paper Co., Ltd. has raised the price of grasin base paper and grasin machine overpressure paper by 500 yuan / ton since the delivery on February 16, 2022. More than a dozen enterprises such as Henan Yaozhong Paper Co., Ltd., Zaozhuang Hengyu Paper Co., Ltd. and Dongguan Jintian Paper Co., Ltd. have also raised the price of their paper products by 100-200 yuan / ton respectively.
Soochow Securities Co.Ltd(601555) Zhang Xiaoyan reported that q2-q3 in 2022 is expected to rebound with the gradual liquidation of small and medium-sized production capacity. Optimistic about the narrowing of cost differences at home and abroad caused by the diversification of cross-border flow of waste paper fiber, and the continuous improvement of profits; We will continue to pay attention to the opportunities of special paper subdivision leaders with special performance and many varieties.
Among the listed companies, Quzhou Wuzhou Special Paper Co.Ltd(605007) focuses on the field of special paper, the leader of food white card, and the production capacity continues to be put into operation. It is expected that the available production capacity of the company will reach 1.55 million tons by 2024, nearly double that of 2021. On January 27, it was announced that it plans to invest 17.3 billion yuan to build a “pulp and paper integration project with an annual output of 4.49 million tons”; Hangzhou Huawang New Material Technology Co.Ltd(605377) is the leading position of medium and high-end decorative base paper, with high added value. The performance in 2021 is better than expected. The production capacity of 60000-80000 tons of the second production line of 2022q1 raised investment project will be put into operation to build the growth force in 2022.
