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the collective rise of energy storage and wind power concepts Jiangsu Zhongli Group Co.Ltd(002309) and the development of new energy storage with daily limit have attracted attention
On the 24th, the concepts of energy storage, wind power, photovoltaic and UHV rose collectively. As of press time, the limit of Shouhang High-Tech Energy Co.Ltd(002665) was raised in terms of energy storage concepts, while Xizi energy conservation, Jiangsu Lopal Tech.Co.Ltd(603906) , Trina Solar Co.Ltd(688599) , Sungrow Power Supply Co.Ltd(300274) was higher; In terms of wind power concept, Jiangsu Zhongli Group Co.Ltd(002309) , Shenyang Jinshan Energy Co.Ltd(600396) , Shenzhen Zhongzhuang Construction Group Co.Ltd(002822) and other price limits; In terms of photovoltaic concept, Mcc Meili Cloud Computing Industry Investment Co.Ltd(000815) , Ningbo Energy Group Co.Ltd(600982) limit, Kunshan Kinglai Hygienic Materials Co.Ltd(300260) , Wuxi Autowell Technology Co.Ltd(688516) increase is higher.
In terms of news, on February 23, the people’s Daily published an article signed by Xin Baoan, chairman and party secretary of the State Grid Corporation of China, “resolutely shoulder the responsibility of the power grid and actively promote carbon peaking and carbon neutralization”, which made it clear that the State Grid will increase the construction of UHV and supporting power grids in the future and vigorously promote the construction of new energy supply and consumption system.
In addition, the national development and Reform Commission and the Energy Administration recently issued the implementation plan for the development of new energy storage in the 14th five year plan. The scheme proposes that by 2025, China’s new energy storage will enter the stage of large-scale development from the initial stage of commercialization, have the conditions for large-scale commercial application, further improve the technical performance of electrochemical energy storage and reduce the system cost by more than 30%. By 2030, China’s new energy storage will be fully market-oriented. The new energy storage core technology and equipment are independent and controllable, the technological innovation and industrial level are firmly in the forefront of the world, the market mechanism, business model and standard system are mature and sound, and are deeply integrated with all links of the power system, which basically meets the needs of building a new power system and comprehensively supports the realization of the goal of carbon peak in the energy field as scheduled.
Citic Securities Company Limited(600030) pointed out that the implementation plan emphasizes the development and industrialization of different energy storage technologies, and strengthens the requirements for energy storage safety, which is conducive to the standardized development of new energy storage systems. Key concerns: 1) promote the development of diversified energy storage technology and the integration of industry, University, research and application. Actively carry out research and development of key core technologies and equipment such as sodium ion batteries, new lithium-ion batteries, lead-carbon batteries and liquid flow batteries, and tackle key problems and reserve a new generation of energy storage technologies; 2) Emphasize the whole process safety control. Break through key safety technologies in the whole process, such as battery safety control, system safety early warning, efficient fire extinguishing, and Research on control protection and safety defense of access to power grid. Focus on various application scenarios; 3) Promote the development of energy storage industrialization with pilot demonstration projects. We will carry out pilot projects to classify a number of technical routes such as liquid flow batteries, flywheels, sodium ions and solid-state lithium batteries, and promote pilot demonstration projects of multi time scale new energy storage technologies such as second and minute applications and short-time and high-frequency.
Previous documents have clarified the independent market position of energy storage in the new power system. The implementation plan further refines the development modes of various application scenarios on the power supply side, power grid side and user side, formulates differentiated support policies, reasonably dredges costs, and speeds up the marketization of new energy storage. For example, priority should be given to the grid connection of distribution and storage projects, the capacity electricity price mechanism of independent energy storage power stations on the grid side should be established, the time-of-use electricity price policy should be implemented, the price difference between peak and valley should be widened, the income channels of energy storage on the user side should be increased, and the development of energy storage on the user side should be promoted. The new power system is undergoing changes from “source network load” to “source network load storage”. The implementation plan emphasizes continuous optimization of construction layout, promoting the integrated development of new energy storage and all links of power system, and supporting the construction of new power system.
The agency believes that with the continuous enrichment of application scenarios and the gradual emergence of economy, the development of new energy storage in the world will usher in a period of rapid development. The development of new energy storage industry is mainly electrochemical energy storage represented by lithium-ion batteries. It is recommended to focus on Sungrow Power Supply Co.Ltd(300274) , Ningbo Deye Technology Co.Ltd(605117) , Contemporary Amperex Technology Co.Limited(300750) , Suwen Electric Energy Technology Co.Ltd(300982) , Xj Electric Co.Ltd(000400) and Kehua Data Co.Ltd(002335) , Shenzhen Sinexcel Electric Co.Ltd(300693) , Shenzhen Envicool Technology Co.Ltd(002837) , Guangzhou Goaland Energy Conservation Tech Co.Ltd(300499) , Jade Bird Fire Co.Ltd(002960) .
The policy continued to help the concept of industrial mother machine rise strongly Qinghai Huading Industrial Co.Ltd(600243) and Hunan Yujing Machinery Co.Ltd(002943) daily limit
The industrial machine concept rose strongly on the 24th, with Qinghai Huading Industrial Co.Ltd(600243) , Hunan Yujing Machinery Co.Ltd(002943) trading limit, Hiecise Precision Equipment Co.Ltd(300809) , Hengda New Materials (Fujian) Co.Ltd(300946) , Weihai Huadong Automation Co.Ltd(002248) , Kede Numerical Control Co.Ltd(688305) , Wuhan Huazhong Numerical Control Co.Ltd(300161) , Hengfeng tools, Wuxi Shangji Automation Co.Ltd(603185) and other gains higher. In terms of news, recently, the national development and Reform Commission issued the notice on printing and Distributing Several Policies to promote the steady growth of industrial economy. Clearly increase the pre tax deduction of equipment and appliances of small, medium-sized and micro enterprises. For equipment and appliances newly purchased by small, medium-sized and micro enterprises with a unit value of more than 5 million yuan in 2022, one-time pre tax deduction can be selected for those with a depreciation life of 3 years, and half deduction can be selected for those with a depreciation life of 4, 5 and 10 years; Enterprises can enjoy preferential treatment on a quarterly basis. The losses formed by insufficient deduction in the current year can be carried forward and deducted in the next five tax years according to regulations.
Galaxy Securities believes that various policies and measures will effectively solve the problems of cash flow and cost reduction of small, medium-sized and micro enterprises, and expand effective investment. The implementation of the policy will drive the demand for industrial mother machine products such as machine tools and injection molding machines.
In 2021, China produced 602000 metal cutting machine tools, with a year-on-year increase of 29.2%, and 210000 metal forming machine tools, with a year-on-year increase of 0.5%. China’s machine tool industry is large but not strong. The core parts of machine tools such as CNC system and high-end machine tools such as five axis CNC machine tools are still heavily dependent on imports. And the industry concentration is low. As of November 2021, there are still 931 metal cutting machine tool enterprises and 544 metal forming machine tools in China, and the enterprises in the industry are generally small. With the promotion of strengthening and supplementing the manufacturing chain, the industry concentration is improved and the development trend towards high-end is clear.
In the first half of 2021, the injection molding machine industry had full orders under the manufacturing investment boom, and the supply was in short supply. In the third quarter, the boom slowed down with the decline of the manufacturing boom. Under the background that the investment boom of manufacturing industry is expected to continue, the demand boom of injection molding machine will also continue. The pattern of injection molding machine industry is relatively stable. While stabilizing the injection molding machine business, leading Haitian International and Guangdong Yizumi Precision Machinery Co.Ltd(300415) are involved in large and super large die-casting machines, which are expected to open up market space under the integrated die-casting process of new energy vehicles.
The agency said that it continues to be optimistic about the investment opportunities in the manufacturing investment chain, and industrial mother machine products continue to benefit. The recommended targets of machine tools are Guangdong Create Century Intelligent Equipment Group Corporation Limited(300083) , Ningbo Haitian Precision Machinery Co.Ltd(601882) , Kede Numerical Control Co.Ltd(688305) , Qinchuan Machine Tool & Tool Group Share Co.Ltd(000837) , Nantong Guosheng Intelligence Technology Group Co.Ltd(688558) , Jiangsu Yawei Machine Tool Co.Ltd(002559) ; The recommended targets of injection molding machine are Haitian International and Guangdong Yizumi Precision Machinery Co.Ltd(300415) .
oil and gas sectors rose Landocean Energy Services Co.Ltd(300157) , Ningbo Energy Group Co.Ltd(600982) and other stocks rose
The oil and gas sector rose on the 24th. As of press time, in the oil sector, Landocean Energy Services Co.Ltd(300157) “20cm” limit, Renzhi shares also rose, and Sino Prima Gas Technology Co.Ltd(300483) , Sino Geophysical Co.Ltd(300191) and other gains were ahead; In terms of gas sector, Hengsheng Energy Co.Ltd(605580) , Ningbo Energy Group Co.Ltd(600982) limit, Shuifa Energas Gas Co.Ltd(603318) , Xinjiang Hongtong Natural Gas Co.Ltd(605169) and other increases were higher.
On the news, US President Joe Biden announced on Wednesday that the United States would impose sanctions on the company and its executives responsible for the construction of the Nord Stream 2 natural gas pipeline. Biden said this was part of the first sanctions against Russia.
In addition, according to China Central Television News, German Chancellor Scholz announced that the German government would stop the approval process of “beixi-2” natural gas pipeline project against the background of the escalation of the conflict between Russia and Ukraine. “Beixi-2” is a natural gas pipeline from Russia to Germany via the Baltic Sea seabed, which can provide 55 billion cubic meters of natural gas to EU countries every year.
In this regard, Medvedev, former Russian President, former Prime Minister and current Vice President of the Federal Security Council, threatened that the price of natural gas in Europe could more than double and that “Europeans will soon have to pay 2000 euros per thousand cubic meters of natural gas”.
The agency pointed out that Russia is one of the world’s largest oil producers and an important supplier of crude oil and natural gas. If there is a full-scale conflict between the two countries, the West may impose oil-related sanctions on Russia, so as to further tighten global crude oil supply.
Wanlian Securities said that at present, under the influence of multiple factors such as the unexpected decline of EIA inventory, the fear of crude oil production reduction caused by overseas extremely cold weather, the uncertain geographical situation and the growth of crude oil demand caused by enhanced global economic activity, crude oil prices continue to fluctuate and rise.
silicone DMC prices rose 9.65% in February, and related concept stocks continued to rise
Silicone stocks continued to rise in early trading on February 24. As of press time, Hubei Xingfa Chemicals Group Co.Ltd(600141) , Hoshine Silicon Industry Co.Ltd(603260) , Zhejiang Xinan Chemical Indusyrial Group Co.Ltd(600596) , Shandong Dongyue Organosilicon Materials Co.Ltd(300821) and other stock prices rose sharply.
In terms of news, according to the monitoring data of business agency, as of February 23, 2022, the average price of organosilicon DMC market quotation in mainstream areas was 34716 yuan / ton. Compared with the price on February 1, 2022 (the reference price of organosilicon DMC was 31660 yuan / ton), the average price was increased by 3056 yuan / ton, an increase of 9.65%. At present, with the continuous rise of silicone DMC market, the downstream inquiry atmosphere is still preferred, but the actual transaction is more cautious.
In addition, Tesla recently announced that it has produced 1 million 4680 batteries at a pilot plant in California. It is reported that the positive and negative electrodes of 4680 battery will be coated with PVDF (polyvinylidene fluoride resin) on the diaphragm. According to the national energy information platform, the consumption of 1GWh of ternary battery containing 2% PVDF is about 20 tons. Haitong international calculates that the consumption of 4680 batteries containing 8% PVDF and 1GWh PVDF will be increased to about 80 tons.
Tianfeng Securities Co.Ltd(601162) the research report also pointed out that the current shortage of metal silicon is becoming more and more serious. With the support of policies, this situation will continue in a short time, and the price may continue to rise. The hot demand of silicone downstream still exists, and the peak season continues. At present, policies such as dual control of energy consumption, power restriction and production restriction in many places continue to be implemented, and all kinds of commodity markets are affected. Silicone is no exception. The price of the main raw material metal silicon continues to break the historical high price rise, and the price of silicone will also rise with the support of cost. It is expected that the silicone market will continue to be high and strong in the future, and the price will still rise.
the demand for rare earth neodymium iron boron is higher than expected, and the listed companies are expanding their production
As the Nd-Fe-B permanent magnet material with the widest application range, the fastest development speed and the best comprehensive performance in the rare earth permanent magnet material system, it has formed a trend of competition in China.
“Among the major listed companies, everyone has the same production capacity now, Beijing Zhong Ke San Huan High-Tech Co.Ltd(000970) will be a little more, more than 20000 tons, and others are basically at the same level.” The relevant person in charge of Ningbo Yunsheng Co.Ltd(600366) (600366. SH) told the 21st Century Business Herald reporter.
Statistics show that in the A-share market, the listed companies mainly engaged in Nd-Fe-B permanent magnet materials are Beijing Zhong Ke San Huan High-Tech Co.Ltd(000970) , Ningbo Yunsheng Co.Ltd(600366) , Yantai Zhenghai Magnetic Material Co.Ltd(300224) , Jl Mag Rare-Earth Co.Ltd(300748) (300748. SZ), Earth-Panda Advanced Magnetic Material Co.Ltd(688077) (688077. SH) and Innuovo Technology Co.Ltd(000795) (000795. SZ).
Due to strong downstream demand, the pace of production expansion of relevant listed companies is also accelerating. “Our capacity utilization rate is ideal and has always been full capacity.” The aforementioned Yantai Zhenghai Magnetic Material Co.Ltd(300224) relevant person said, “the current production capacity is 16000 tons. It is planned to realize the production capacity of 36000 tons by 2026, but it may be realized in advance.” The production capacity of Yantai Zhenghai Magnetic Material Co.Ltd(300224) will be 10000 tons / year by the end of 2020. The previously announced plan is to have an annual production capacity of 15000 tons by the end of 2021, but this goal has been exceeded.
The number of domestic and foreign research companies increased by more than 80% in . What is the attraction of the four high boom tracks?
Since the beginning of this year, foreign capital has begun to accelerate the pace of research at a time when the market is volatile and investor confidence is weak. According to the data, from the beginning of this year to February 23, 325 listed companies received the research of foreign institutions, which showed a large increase compared with 178 companies visited in the same period last year, with a year-on-year increase of 82.58%. From the perspective of the industries to which the foreign research companies belong, they are mainly concentrated in the high boom track, that is, the four major industries of medicine and biology, electronics, mechanical equipment and computer. In this regard, many overseas investors said that China’s strong economic fundamentals, effective and accurate epidemic prevention and control ability and expanding policy support will provide momentum for China’s capital market, and the investment value of A-Shares is prominent.
What areas do foreign investors focus on investigating and optimistic about the A-share market, and what are the investment opportunities in these areas? For the investment opportunities in the above four industries favored by foreign institutions, Everbright Securities Company Limited(601788) said that the overall performance of the innovative drug sector in the past year was poor. It is estimated that the factors leading to the decline of the share price of innovative drug enterprises are not only the correction pressure of the previous overvalued value, but also the corresponding suppression factors on the fundamentals, such as the risk of price reduction in medical insurance negotiations and the risk of failure of innovative drugs to go to sea, It will cause market investors to worry about the development of the industry. With the release of the valuation pressure of the innovative drug sector, the clearing of bad factors in the medical insurance negotiation and going to sea, high-quality assets have ushered in a good opportunity for layout.
Citic Securities Company Limited(600030) believes that the semiconductor sector has experienced early valuation adjustment. At present, the valuation of the sector is in the lower middle position, and the valuation of some companies is close to the historical low. It is suggested to pay attention to the head design companies with low valuation and relatively high certainty of annual performance. At the same time, the field of wafer manufacturing continues to boom. It is suggested to pay attention to local wafer factories and leading equipment companies.
Galaxy Securities pointed out in its research report that it has long been optimistic about the investment opportunities in the mechanical equipment industry under the background of advanced manufacturing and energy revolution. The key investment directions include several main lines such as hard technology, new energy and specialized and special new. It recommends segments such as photovoltaic equipment, new energy related industrial chain and specialized and special new enterprises.
