After more than 40 years, the national soil survey was restarted. Recently, the State Council issued the notice on carrying out the third national soil survey (hereinafter referred to as the notice). In order to truly and accurately grasp the basic data such as soil quality, improve the protection and utilization level of soil resources and ensure national food security, the State Council decided to carry out the third national soil survey from 2022, It will take four years to comprehensively investigate the soil quality of agricultural land, especially focusing on the soil survey of agricultural land, and superimpose the “14th five year plan for promoting agricultural and rural modernization” issued by the State Council on February 11 this year, placing the problem of rural soil pollution in an important position. The notice specifies the general requirements, objects and contents, time arrangement, organization and implementation, fund guarantee and work requirements of the census. Looking back on history, China carried out two national soil surveys from 1958 to 1960 and 1979 to 1985 respectively. The last one has been more than 40 years ago. The situation of soil pollution has changed greatly, and the situation of soil resources in China needs to be updated.
The census will be completed within 4 years, and the policy implementation and guarantee measures will be improved. The goal is to complete the preparation of work plan and pilot survey in 2022, and start and complete the national saline alkali land survey; From 2023 to 2024, complete field survey sampling and laboratory test, and carry out the construction of soil general survey database and sample bank, forming phased results; In the first half of 2025, the basic data of the third national soil survey will be summarized and formed, and the soil survey database and sample database will be built in the second half of the year to form the national cultivated land quality report and the national soil utilization suitability evaluation report. The funds for this soil survey are shared by the central and local finance according to the work tasks undertaken. The central and local division of labor is clear. The soil survey is an important survey of national conditions and strength. The “three Popularization” leading group includes the Vice Premier and Deputy Secretary General of the State Council, ministers and Deputy ministries of relevant departments, and the guarantee measures for policy implementation are perfect.
The 4 trillion market for cultivated land restoration is to be released, and the detection space is 4.3 billion yuan / year. In 2014, China’s soil exceeded the standard by 16.1%, and nearly 20% of cultivated land was polluted. In recent years, policies have been frequent to promote the release of market space for soil remediation and the rationalization of industry model, and the 4 trillion market space for cultivated land remediation needs to be released; At present, there are policies to follow for cultivated land soil testing and pollution standards. The main business model is site sampling + laboratory testing. The market space of soil testing is about 4.3 billion yuan / year. We look forward to the release of market space in the future.
At the bottom of the industry valuation, pay attention to the reverse investment opportunities at the bottom of the sector. Over the past three years, the performance of the environmental protection sector has been sluggish, and the valuation and positions are still low. Under the catalysis of national and local policies, the industry itself has broad growth space, and is optimistic about enterprises with strong technical advantages and high barriers. The recommended scale of soil remediation is the first. Remediation technology basically covers all major types of technical paths, and has the ability to carry out customized remediation technology integration for different pollution types such as heavy metals and organic matter [ Beijing Geoenviron Engineering & Technology Inc(603588) ]; Located in [ Yonker Environmental Protection Co.Ltd(300187) ] with rich experience in the first echelon of soil remediation industry; ICP-MS mass spectrometer products have mature applications in the field of soil detection [ Focused Photonics (Hangzhou) Inc(300203) ].
Risk tip: the implementation of the policy is less than expected, the release of orders in the soil remediation market is less than expected, and the calculation assumption of market space is biased.
