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the concept of lithium mine and lithium battery strengthened Jiangxi Special Electric Motor Co.Ltd(002176) once increased the limit Contemporary Amperex Technology Co.Limited(300750) strongly pulled up
Lithium concept stocks rose in intraday shock on the 25th, Jiangxi Special Electric Motor Co.Ltd(002176) intraday limit; The increase of Youngy Co.Ltd(002192) , Sinomine Resource Group Co.Ltd(002738) , Keda Industrial Group Co.Ltd(600499) and so on was higher; Lithium battery concept also rose, Jinzhou Jixiang Molybdenum Co.Ltd(603399) limit, Contemporary Amperex Technology Co.Limited(300750) , Guangdong Jiayuan Technology Co.Ltd(688388) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) , Sunwoda Electronic Co.Ltd(300207) , Jiangsu Boqian New Materials Stock Co.Ltd(605376) , Shandong Fengyuan Chemical Co.Ltd(002805) , Shenzhen Kedali Industry Co.Ltd(002850) and other outstanding performances. According to the data of Baichuan Yingfu, the price of industrial grade lithium carbonate in China rose to about 460500 yuan / ton this week, and the price of battery grade lithium carbonate rose to 480400 yuan / ton; The price of battery grade lithium hydroxide rose to 411900 yuan / ton, and the price of industrial grade lithium hydroxide rose to 40500 yuan / ton; The price of lithium chloride rose to 395000 yuan / ton; The price of metal lithium rose to 2.48 million yuan / ton.
The agency expects that the supply of lithium resources in the upstream is tight. At present, the price of China Lithium concentrate long-term association is between 2700-2720 US dollars / ton, and the cost side boosts the product price. In terms of supply, there are no large shipments on the market, and there is less spot circulation. At the same time, most manufacturers supply old customers and a small number of new orders. The tight supply situation in the market is difficult to alleviate. The demand for downstream products has exploded, the production has expanded rapidly, and the heat of terminal new energy has not decreased. In the short term, the high level of lithium carbonate supported by both supply and demand has pushed up. The price change range is expected to be about 20000-50000 yuan / ton. In the face of the shortage of goods at the raw material end, the manufacturer controls the long order quantity and ships flexibly. Later, with the high price of raw material end and the limited market increment in the short term, the price of lithium hydroxide may continue to be high.
Anxin Securities pointed out that the current lithium price is strong and is still breaking the record high. Although the market is increasing capital expenditure, due to the impact of resource endowment, infrastructure and macro environment on different projects, it takes a long time to put into production capacity construction. At the same time, the production line also needs a certain commissioning and climbing cycle before the production capacity can be fully released, Therefore, there is still not enough supply to the market in the short term. 1) The construction period of spodumene mine is mostly 2 years, and there is a long climbing process. 2) The construction cycle of new salt lake projects is generally about 3 years (including front-end salt fields). 3) At present, raw materials and channels are limited, and large-scale supply has not been formed for recycling. 4) The capital expenditure of lithium extraction is high, and the large-scale expansion of production at the mine end may need the continuous support of booming lithium price.
The agency said that in the second half of 2022, various lithium resource projects may gradually enter centralized production. Under the uncertainty of the project itself and the high demand, the supply of lithium resources may be tight for a long time. It is suggested to pay attention to the targets with high resource ownership rate: Ganfeng Lithium Co.Ltd(002460) , Tianqi Lithium Corporation(002466) , Sinomine Resource Group Co.Ltd(002738) , Yongxing Special Materials Technology Co.Ltd(002756) , Qinghai Salt Lake Industry Co.Ltd(000792) , Chengxin Lithium Group Co.Ltd(002240) , Tibet Mineral Development Co.Ltd(000762) , Sichuan Yahua Industrial Group Co.Ltd(002497) . In addition, Salt Lake Development dominates in this round of capital expenditure. At the same time, it is suggested to pay attention to the leading enterprise Sunresin New Materials Co.Ltd Xi’An(300487) in salt lake lithium extraction technology, materials and devices.
the Ministry of housing and urban rural development stressed the vigorous development of prefabricated construction related stocks, and strongly raised the daily limit of Zhubo Design Co.Ltd(300564) and
The assembly construction sector rose strongly on the 25th. As of press time, Zhubo Design Co.Ltd(300564) , Black Peony (Group) Co.Ltd(600510) , Arts Group Co.Ltd(603017) , Shenzhen Cheng Chung Design Co.Ltd(002811) and other trading limits. It is worth noting that Black Peony (Group) Co.Ltd(600510) has gained 6 limit sectors in the recent eight trading days, with a cumulative increase of 78%.
On the news, the State Information Office held a press conference on promoting the high-quality development of housing and Urban-Rural Construction on the 24th. Zhang Xiaohong, Vice Minister of housing and urban rural development, said at the press conference that the pilot demonstration action of intelligent construction will be implemented. Carry out pilot projects in some cities, build a number of demonstration projects, cultivate a number of industrial bases, accelerate the improvement of intelligent construction support policies, create a complete industrial system, and cultivate new business forms and models of intelligent construction.
Vigorously develop prefabricated buildings. Cultivate a number of prefabricated construction production bases, establish a professional, large-scale and digital production system based on standard parts, promote the formation of a complete industrial chain and improve the level of construction industrialization. It is proposed that by 2025, the proportion of new prefabricated buildings will reach more than 30%.
Build an Internet platform for the construction industry. Encourage construction enterprises, Internet enterprises and scientific research institutes to cooperate, build key infrastructure such as the Internet platform of the construction industry, strengthen information sharing and supply-demand coordination, and improve the overall efficiency of the construction industry chain. Promote the typical application of building Siasun Robot&Automation Co.Ltd(300024) . Research and develop key technologies, prepare relevant standards, form a batch of landmark building Siasun Robot&Automation Co.Ltd(300024) products, assist and replace “dangerous, complex, dirty and heavy” manual operations, and improve the engineering Shaanxi Construction Machinery Co.Ltd(600984) and intelligent level.
Recently, the Ministry of housing and urban rural development issued the 14th five year plan for the development of the construction industry, which proposed to vigorously develop prefabricated buildings, build a standardized design and production system for prefabricated buildings, and improve the prefabricated concrete building structure system suitable for different building types. In terms of construction objectives, it is clear that during the 14th Five Year Plan period, the policy system and industrial system for the coordinated development of intelligent construction and new building industrialization are basically established, the proportion of prefabricated buildings in new buildings reaches more than 30%, and a number of industrial bases for intelligent construction and prefabricated buildings are cultivated. In terms of the long-term goal, the plan proposes that the construction industrialization will be fully realized by 2035.
Anxin Securities pointed out that driven by the transformation of construction industrialization, China’s prefabricated buildings ushered in rapid development. During the 13th Five Year Plan period, the cumulative built-up prefabricated building area reached 1.6 billion square meters, with an average annual growth rate of 54%. Among them, the proportion of newly started prefabricated buildings in new buildings reached 20.5% in 2021, and there is still enough room for improvement from the 30% proportion planning requirements during the 14th Five Year Plan period.
In addition, the 3060 double carbon target brings new development opportunities for prefabricated buildings. Due to the mass industrial production of building components and the modular mechanized installation mode, prefabricated buildings can effectively save the use of building materials and construction energy consumption, have significant advantages in energy conservation and environmental protection, and help effectively reduce carbon emissions in the construction industry. It is expected to become an important development field under the carbon neutralization target, The demand and development speed of the industry will be further improved. With carbon peak and carbon neutralization as the main line of long-term investment, the field of prefabricated buildings with concrete structure and steel structure as the main forms has fully benefited from the further improvement of industry prosperity and demand release, and is expected to usher in the improvement of performance and valuation at the same time. It is suggested to pay attention to the high-quality targets of prefabricated building design and steel structure engineering, including the leader of prefabricated building design Shenzhen Capol International&Associatesco.Ltd(002949) Steel structure engineering contracting leader Changjiang & Jinggong Steel Building(Group)Co.Ltd(600496) and Zhejiang Southeast Space Frame Co.Ltd(002135) .
Galaxy Securities said that in September 2016, the guidance of the general office of the State Council on vigorously developing prefabricated buildings was issued, which proposed to strive to achieve 30% of prefabricated buildings in about 10 years.
In 2019, the Ministry of housing and urban rural development proposed the development plan of prefabricated buildings. By 2020, the proportion of prefabricated buildings in China will be about 15%. In October 2021, the State Council issued the action plan for carbon peak before 2030, which proposed to promote green and low-carbon building materials and green construction methods, accelerate the industrialization of new buildings, vigorously develop prefabricated buildings and promote steel structure housing. In January 2022, the Ministry of housing and urban rural development prepared the “14th five year plan” for the development of construction industry, and proposed that by 2035, the proportion of prefabricated buildings in new buildings will reach more than 30%. Prefabricated buildings are encouraged by policies and have great development potential in the future. It is recommended to pay attention to Anhui Honglu Steel Construction(Group) Co.Ltd(002541) , Hangxiao Steel Structure Co.Ltd(600477) , Zhejiang Southeast Space Frame Co.Ltd(002135) , Changjiang & Jinggong Steel Building(Group)Co.Ltd(600496) , Anhui Fuhuang Steel Structure Co.Ltd(002743) .
pharmaceutical stocks rebounded collectively! Topchoice Medical Co.Inc(600763) and other multi stock price limit correction, the cost performance is highlighted
On February 25, pharmaceutical stocks rebounded collectively, with strong gains led by sub sectors such as cro concept, medical services and covid-19 treatment, while Chengda pharmaceutical, Topchoice Medical Co.Inc(600763) , Guangzhou Kingmed Diagnostics Group Co.Ltd(603882) , Lancy Co.Ltd(002612) and other stocks rose by the limit.
On the news front, at the press conference of the state information office, Wang Zhigang, Minister of science and technology, said that facing the people’s life and health, adhering to the people first and life first, and taking enhancing the people’s health and well-being as an important direction of scientific and technological research and development. Support the epidemic prevention and control, make the detection methods more rapid, convenient and accurate, make breakthroughs in drug research and development, actively adapt to the new changes of the epidemic and virus, and constantly verify its effectiveness and safety in practice. Accelerate the research and development of drugs and medical devices. Through the implementation of major new drug creation projects, China has approved 75 new drugs of class I new drugs from 5 before 2008. A number of domestic high-end medical devices represented by positron magnetic resonance scanning system (PET / MR) have been put into use.
Central China Securities Co.Ltd(601375) said that from the PE trend of Shenwan biomedical index in the past decade, the dynamic PE of the industry is currently at a relatively low level in the past 10 years, giving the industry an investment rating of “synchronization with the big market”. “Vaccine + covid-19 drugs” is still the main means of anti epidemic in the future. It is suggested to continue to pay attention to investment opportunities in the field of vaccine and covid-19 drugs. In addition, the development of innovative drugs has entered a breakthrough innovation stage, and there are many valuation adjustments of CXO. With the disclosure of the annual report, we can continue to pay attention to the investment opportunities of CXO.
The Pacific Securities Co.Ltd(601099) Securities pointed out that recently, high-quality companies in the pharmaceutical sector have callback, and the cost performance has become more and more prominent. In the short term, we continue to suggest two ideas: (1) the performance continues to be good and the valuation is in a reasonable range. (2) Downside risk is limited, waiting for Fundamentals to catalyze. In the long run, the downside risk is limited, waiting for Fundamentals to catalyze.
Yimei concept stocks rose Lancy Co.Ltd(002612) daily limit Imeik Technology Development Co.Ltd(300896) and other big gains
Yimei concept stocks rose intraday on the 25th. As of press time, Lancy Co.Ltd(002612) rose by the limit, Shanghai Haohai Biological Technology Co.Ltd(688366) , Shuyu Civilian Pharmacy Corp.Ltd(301017) , Imeik Technology Development Co.Ltd(300896) , Aoyuan Beauty Valley Technology Co.Ltd(000615) , Aier Eye Hospital Group Co.Ltd(300015) , Jinfa Labi Maternity & Baby Articles Co.Ltd(002762) , Bloomage Biotechnology Corporation Limited(688363) , Canature Health Technology Group Co.Ltd(300272) , Harbin Medisan Pharmaceutical Co.Ltd(002900) and other gains were ahead.
In terms of news, recently, the “14th five year plan” for the construction of China’s medical and beauty standard system (Draft) was announced, which aims to promote the standardization of the medical and beauty industry and promote the healthy development of the medical and beauty industry. The content mainly involves the standardization of management, technology, education and basic standards in the medical beauty industry, and puts forward the measures and guidance for the construction of standardization system.
Minsheng Securities believes that under this background, the medical and beauty industry will develop in a more standardized, standardized and efficient direction, and the biggest pain points that were difficult to standardize in the medical and beauty industry in the past are expected to be alleviated: 1) medical disputes are expected to be reduced after the standardization of Technology, education and training is improved; 2) The chain rate is expected to increase under the background of the improvement of management and technical standardization; 3) Chaos such as false propaganda and black doctors will drop sharply. Medical policies regulate the operation of downstream entities, promote the standardized and healthy development of the medical and beauty industry, continue to focus on recommending upstream compliance leaders Imeik Technology Development Co.Ltd(300896) , Bloomage Biotechnology Corporation Limited(688363) , and pay attention to downstream terminal institutions Lancy Co.Ltd(002612) , Aoyuan Beauty Valley Technology Co.Ltd(000615) .
Kaiyuan Securities said that under the background of strict supervision of the industry, the upstream products of Yimei ( Imeik Technology Development Co.Ltd(300896) , Bloomage Biotechnology Corporation Limited(688363) ) are expected to continue to benefit from the core competitive advantages brought by R & D and qualification barriers, and the performance has strong certainty. As the performance disclosure period approaches, we will focus on the leading companies whose performance is expected to exceed expectations.
Shanghai strengthens the industrial chain related to the construction of charging and replacing infrastructure or receives attention
The general office of Shanghai Municipal People’s government issued the implementation opinions on further promoting the construction of charging and replacing infrastructure in Shanghai, which mentioned that by 2025, the charging demand of more than 1.25 million electric vehicles will be met, and the vehicle pile ratio of the whole city will not be higher than 2:1 Establish a new charging and switching infrastructure system characterized by high-level information interconnection, perfect intelligent technology standard system, sound construction and operation management mechanism, unified and orderly benefit people’s livelihood, and realize the “five transformations” of industry development.
The opinions proposed that in combination with the development plan of Shanghai’s new energy vehicle industry, the layout of parking lots and stations and the digital transformation of intelligent transportation, focus on the actual needs of key areas such as urban public areas, residential areas, public service institutions and power exchange of special vehicles, use big data analysis to improve the rationality of layout, and formulate a special plan for the development of charging and replacement facilities in the city, Comprehensively promote the coordinated development of cities, automobiles and charging and replacement facilities. Formulate special plans for charging and replacement facilities in five new towns, and strengthen the construction layout of charging and replacement infrastructure in key areas with higher standards.
Guotai Junan Securities Co.Ltd(601211) Securities pointed out that by the end of 2021, the number of charging infrastructure in China had reached 2.617 million, a year-on-year increase of 70.1%. In recent years, the number of charging piles has basically maintained a sustained and efficient growth trend, and the vehicle pile ratio has decreased from 7.8:1 in 2015 to 3:1 in 2021 In terms of operation end, the charging capacity continues to maintain rapid growth, and the charging demand of passenger cars accelerates. In 2021, China’s total charging power reached 11.15 billion kwh, with a year-on-year increase of 58.0%. From the monthly level, it is significantly higher than that in 2020. At the same time, the market share of the top 3 charging operation enterprises is more than 60%, showing a situation that the strong are always strong as a whole. In terms of market space, it is estimated that the cumulative scale of charging pile equipment will exceed 200 billion yuan from 2022 to 2025, of which the single-year market scale is expected to reach 70 billion yuan in 2025.
The agency believes that it pays attention to the charging operation market and high-voltage system parts manufacturers. The investment is divided into two main lines: 1) charging operation market: the industry presents a head concentration trend. Leading enterprises have regional advantages and first mover advantages in the layout of charging piles. With the increase of charging volume (single pile utilization rate) brought by the increase of ownership, the operation service fee will increase rapidly and the profitability will be improved. 2) Suppliers of high-voltage system parts: with the implementation of the standard of super charging pile and the technical progress of supporting high-voltage components, the introduction of high-voltage fast charging models will be accelerated, driving the rapid growth of relevant parts. At the same time, the improvement of the technical threshold will also help to concentrate the market share to technologically advantageous enterprises.
Chuancai Securities pointed out that while the sales volume of new energy vehicles has increased greatly, the utilization rate of public charging piles will also be improved. In addition to the special calls from the head enterprises, other charging pile operation enterprises are also expected to improve their profits, and the era of charging pile operation profit is coming. In addition, both special call and star charging have introduced a number of shared private piles. These charging piles do not require enterprises to invest in construction costs, but can share profits, which will also improve the profitability of charging pile operating enterprises and effectively improve the industry fundamentals.
It is suggested to pay attention to the charging pile industry chain, with relevant targets: Qingdao Tgood Electric Co.Ltd(300001) , Shenzhen Kstar Science & Technology Co.Ltd(002518) , Shenzhen Sinexcel Electric Co.Ltd(300693) , Shenzhen Increase Technology Co.Ltd(300713) , etc.
the PV industry is not light in the off-season, and the new installed capacity will continue to grow
Recently, the performance of photovoltaic sector is relatively strong. The PV index has rebounded by more than 11% since February 14, and the industry leader Longi Green Energy Technology Co.Ltd(601012) has risen for three consecutive days. Since the share price came out of the new low on February 14, it has rebounded by more than 12%. Meanwhile, since February 14, 10 shares including Shanghai Hiuv New Materials Co.Ltd(688680) , Qingdao Gaoce Technology Co.Ltd(688556) , Ningbo Deye Technology Co.Ltd(605117) , Arctech Solar Holding Co.Ltd(688408) have increased by more than 20%, and 26 shares including Wuxi Autowell Technology Co.Ltd(688516) , Levima Advanced Materials Corporation(003022) , Ja Solar Technology Co.Ltd(002459) , Eaglerise Electric & Electronic (China) Co.Ltd(002922) have increased by more than 10%.
The data show that the list of concept stocks in the photovoltaic industry chain with high growth performance is 35 in total. In terms of market performance, since the Spring Festival, 35 shares have risen by an average of more than 7%, outperforming the market in the same period, and 10 shares have risen by more than 10%, of which Tangshan Sunfar Silicon Industry Co.Ltd(603938) , Shanxi Coal International Energy Group Co.Ltd(600546) , Shuangliang Eco-Energy Systems Co.Ltd(600481) have led the rise, all rising by more than 20%.
In terms of agency rating, Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Tongwei Co.Ltd(600438) , Zhuzhou Kibing Group Co.Ltd(601636) , Suzhou Maxwell Technologies Co.Ltd(300751) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) have received high attention, and have been rated by more than 20 agencies. Many companies also received many institutional research after the year. After Wuxi Autowell Technology Co.Ltd(688516) and Qingdao Gaoce Technology Co.Ltd(688556) , 210 or 190 institutions were surveyed. There were more than 20 research institutions after Harbin Jiuzhou Group Co.Ltd(300040) and Ginlong Technologies Co.Ltd(300763) .
In terms of performance, upstream enterprises performed well, while middle and downstream enterprises such as battery modules and photovoltaic power stations performed poorly. Based on the median value of express data / pre increase range, the net profit of the above 35 shares increased by more than 50% year-on-year, and 21 shares are expected to double. Nyocor Co.Ltd(600821) has the highest growth rate of 620.56%. The high performance growth is mainly due to the expansion of the company’s installed capacity, the year-on-year increase of 65.85% in cumulative power sales and the small comparable base in the same period of 2020. The net profit growth of Shanxi Coal International Energy Group Co.Ltd(600546) , Shandong Jinjing Science And Technology Stock Co.Ltd(600586) , Ningxia Jiaze Renewables Corporation Limited(601619) and other three shares fell in the range of 300% – 480%.
