Introduction to this report:
Last week, the average weekly transaction price of CEA was 57 yuan / ton, and the weekly trading volume was 2151 tons. The weekly average transaction price of local carbon quota is 40 yuan / ton, and the weekly trading volume is 710000 tons. The national CCER weekly turnover was 55600 tons, down 7% month on month.
Summary:
The environmental protection sector rose or fell last week. 1) Last week, environmental protection, gas, water and electric power (Shenwan index) fluctuated by + 2.74%, + 0.86%, + 2.66%, – 1.42% respectively; Gem index, Shanghai Composite Index and Shenzhen Component Index rose 3.53%, 0.80% and 1.78% respectively. 2) The top five environmental protection stocks rose last week were:
\u3000\u3000 Bceg Environmental Remediation Co.Ltd(300958) (+25.50%)、 Henan Qingshuiyuan Technology Co.Ltd(300437) (+25.48%)、 Tus Environmental Science And Technology Development Co.Ltd(000826) (+21.13%)、 Poten Environment Group Co.Ltd(603603) (+15.05%)、 Jiangsu Rainbow Heavy Industries Co.Ltd(002483) (+13.70%)。 3) The top five declines were: Kingland Technology Co.Ltd(000711) (- 16.10%), Guangdong Shunkong Development Co.Ltd(003039) (- 8.57%), Bece Legend Group Co.Ltd(000803) (- 6.24%), Jiangxi Jdl Environmental Protection Co.Ltd(688057) (- 5.23%) and Zhejiang Jiaao Enprotech Stock Co.Ltd(603822) (- 5.20%).
The average weekly transaction price of CEA is 57 yuan / ton, and the average weekly transaction price of Guangdong carbon quota is 76 yuan / ton. Last week, the trading volume of the national carbon market carbon emission quota (CEA) was 2151 tons, down 97% from the previous week. The average weekly transaction price of CEA was 56.64 yuan / ton, slightly lower than that of the previous week. The trading volume of carbon quota in local exchanges last week was 712700 tons, basically the same as the previous week. The average weekly trading price was 39.72 yuan / ton, down 36% from the previous week.
Among the local exchanges last week, the highest average transaction price of carbon quota was 75.64 yuan / ton in Guangzhou carbon emission right exchange and the lowest was 8.71 yuan / ton in Shenzhen emission right exchange. Last week, the national CCER trading volume was 55600 tons, down 7% from the previous week.
Information express of carbon neutralization sector: 1) the Ministry of ecology and environment will support Beijing to undertake the construction of the national voluntary emission reduction trading center by means of joint construction of ministries and cities, promote system development, serve the performance offset work in the first performance period of the national carbon market, participate in rule formulation and prepare for the restart of CCER market. 2) The industry department of the national development and Reform Commission went to the supply and Marketing Corporation to coordinate and investigate the construction of the recycling and treatment system of waste household appliances, encourage the supply and marketing system to strengthen its work in terms of business expansion, channel integration, technological transformation and deep processing, and actively explore the business cooperation mode with household appliance manufacturers.
View: increase investment in source control and remediation of soil pollution. The State Council printed and distributed the notice on carrying out the third national soil survey, and carried out the third national soil survey during the 14th Five Year Plan period to comprehensively investigate the situation of soil resources. Domestic sewage discharge and solid waste disposal are one of the man-made soil pollution sources. Pollution does great harm to soil and is cumulative and irreversible. Therefore, a comprehensive prevention and control mode should be formed in combination with pollution source prevention and control and remediation. Investment suggestions: 1) waste incineration is a harmless treatment of domestic waste to reduce the pollution risk of randomly discarded domestic waste. Recommend waste incineration operators Chongqing Sanfeng Environment Group Corp.Ltd(601827) , Grandblue Environment Co.Ltd(600323) , China Tianying Inc(000035) , Everbright environment, Dynagreen Environmental Protection Group Co.Ltd(601330) , Wangneng Environment Co.Ltd(002034) , Zhejiang Weiming Environment Protection Co.Ltd(603568) and Shanghai Environment Group Co.Ltd(601200) . 2) Strengthening the centralized treatment rate of domestic sewage can reduce the pollution of organic matter in wastewater to the soil environment. It is recommended that membrane equipment faucet Vontron Technology Co.Ltd(000920) , Chongqing Water Group Co.Ltd(601158) , Jiangxi Hongcheng Environment Co.Ltd(600461) and other water companies be the beneficiary targets. 3) Soil survey will strengthen soil quality inspection and promote ecological environment treatment and restoration. Recommend lake water treatment expert Wuxi Delinhai Environmental Technology Co.Ltd(688069) , soil remediation leader Beijing Geoenviron Engineering & Technology Inc(603588) , and benefit from soil remediation company Bceg Environmental Remediation Co.Ltd(300958) , Academy Of Environmental Planning&Design Co.Ltd.Nanjing University(300864) and soil heavy metal detection equipment company Focused Photonics (Hangzhou) Inc(300203) .
Risk tip: industry policy changes and project promotion are less than expected.
