Recently, the national development and Reform Commission and the Energy Administration issued the implementation plan for the development of new energy storage in the 14th five year plan (hereinafter referred to as the plan).
The plan proposes to promote diversified technology development. Carry out research on key core technologies, equipment and integrated optimization design of sodium ion batteries, new lithium-ion batteries, lead-carbon batteries, liquid flow batteries, compressed air, hydrogen (ammonia) energy storage, hot (cold) energy storage, focus on energy storage technologies such as superconductivity and supercapacitor, and develop and reserve liquid metal batteries, solid-state lithium-ion batteries Metal air battery and other new generation high energy density energy storage technologies.
The plan proposes that by 2025, the new energy storage will enter the stage of large-scale development from the initial stage of commercialization and have the conditions for large-scale commercial application. The innovation ability of new energy storage technology has been significantly improved, the independent and controllable level of core technology and equipment has been greatly improved, and the standard system has been basically improved. The industrial system is becoming more and more complete, and the market environment and business model are basically mature.
energy storage industry market space
over trillion
Since the second half of 2021, under the background of accelerating the transformation of energy structure, new energy storage related policies have been gradually implemented. In the previously released guidance on accelerating the development of new energy storage (Draft for comments), it is proposed to realize the transformation of new energy storage from the initial stage of commercialization to large-scale development by 2025, with an installed capacity of more than 30 million KW.
Up to now, more than 20 provinces have defined the specification requirements of supporting energy storage equipment, and clearly specified the requirements of distribution and storage proportion and configuration duration.
Everbright Securities Company Limited(601788) it is predicted that China's energy storage investment market will reach 0.45 trillion yuan by 2025 and increase to about 1.3 trillion yuan by 2030. According to the data of the white paper 2021 on energy storage industry research, by the end of 2020, the cumulative installed capacity of energy storage projects put into operation in China was 35.6gw, including 3.9gw of other new energy storage projects.
Anxin Securities believes that from the national top-level design to the policies issued by local provinces and cities, energy storage has become an important means to solve the energy reform. 2022 is a year of large orders in the energy storage industry, and the enterprises that take the lead in obtaining orders are expected to occupy the first mover advantage. Enterprises with the ability to obtain orders and expand their scale are able to meet the further expansion of the market.
net purchase of northbound funds
multiple energy storage concept stocks
According to the statistics of securities times · databao, there are more than 100 concept stocks in the energy storage sector. The concept stocks have experienced a sharp correction since the end of November 2021, and the correction range of the concept index is nearly 30%. Since the beginning of this year, some concept stocks have bucked the trend, and the share prices of Shanghai Tianyong Engineering Co.Ltd(603895) , Guangdong Shenling Environmental Systems Co.Ltd(301018) , Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) , Shenzhen Dynanonic Co.Ltd(300769) , Guochuang Software Co.Ltd(300520) , Shandong Jiangquan Industry Co.Ltd(600212) , Gansu Shangfeng Cement Co.Ltd(000672) 7 stocks have increased by more than 10%. Shanghai Tianyong Engineering Co.Ltd(603895) led the increase. Puya energy, which the company participated in, is a leading manufacturer of high-end energy storage batteries and equipment in China.
As of the latest, more than 80 energy storage concept stocks have released the performance forecast or express report of the 2021 annual report. From the median forecast and express data, 57 shares will be profitable in 2021, accounting for nearly 70%. The median net profit attributable to the parent company in 2021 of Contemporary Amperex Technology Co.Limited(300750) , Tbea Co.Ltd(600089) , China Three Gorges Renewables (Group) Co.Ltd(600905) , Ganfeng Lithium Co.Ltd(002460) all exceeded 5 billion yuan.
In terms of the growth rate of employment performance, 28 companies had a year-on-year increase of more than 100% in net profit attributable to their parents. Shenzhen Dynanonic Co.Ltd(300769) the growth rate is the first. The company expects the net profit of about 760 million yuan to 830 million yuan in 2021. During the reporting period, the company's new production capacity was released, and the production and sales volume increased significantly compared with 2020.
In terms of capital, since this year, northbound capital has bought more than 30 energy storage concept stocks. The cumulative net purchases of northbound funds of Nari Technology Co.Ltd(600406) , Sungrow Power Supply Co.Ltd(300274) , Shenzhen Inovance Technology Co.Ltd(300124) all exceeded 2 billion yuan. Northbound capital has accumulated a net purchase of Nari Technology Co.Ltd(600406) 4.255 billion yuan this year, and the company's energy storage products have been applied in many key energy storage projects. The net purchase amount of northbound capital of Shenzhen Dynanonic Co.Ltd(300769) , Byd Company Limited(002594) , Gotion High-Tech Co.Ltd(002074) , Zhejiang Sanhua Intelligent Controls Co.Ltd(002050) , Trina Solar Co.Ltd(688599) , China Three Gorges Renewables (Group) Co.Ltd(600905) and other shares ranks first.
