Index
On Monday, February 28, 2022, as of the closing, the Shanghai Composite Index closed up 0.32% to 346231 points, the Shenzhen composite index closed up 0.32%, the gem index closed up 0.89%, and the turnover between the two markets reached 949.1 billion. In terms of sectors, infrastructure construction increased by 0.28%, wind power industry increased by 1.16% and photovoltaic industry increased by 2.74%.
Comments
Recently, the traditional infrastructure sector began to fall, and the new energy and other tracks represented by wind power and photovoltaic began to rebound. The main reason is that after the previous full adjustment, the congestion of these track stocks has been reduced and the valuation is relatively reasonable. In addition, with the continuous disclosure of annual reports, the good news continues, and the market recognizes the certainty of these tracks again. According to the national power industry statistics of 2021 released by the national energy administration, by the end of December 2021, the installed capacity of wind power was about 330 million KW and that of Cecep Solar Energy Co.Ltd(000591) power generation was about 310 million KW. According to the action plan for reaching the peak of carbon before 2030, the total installed capacity of wind power and Cecep Solar Energy Co.Ltd(000591) power generation will reach more than 1.2 billion kw in 2030. Under the strategic goal of “double carbon”, the long-term logic of the new energy industry has not changed, and the infrastructure construction in the new energy field driven by it has a large growth space, which is one of the important driving forces to achieve steady growth.
Industry dynamics
On February 22, the 13 MW typhoon resistant offshore wind turbine independently developed by China Dongfang Electric Corporation Limited(600875) Group Co., Ltd. and with completely independent intellectual property rights was offline in Fujian Three Gorges offshore wind power industrial park. This is the wind turbine with the largest single unit capacity and the largest impeller diameter in Asia, which has been offline in China. It is also the first 13 MW wind turbine offline in China. The 13 MW unit adopts the anti typhoon strategy customized by Dongfang Electric Corporation Limited(600875) group, which can resist 77 M / s super typhoon and is applicable to 98% of China’s sea areas. The blades matched with the unit adopt carbon fiber pultrusion process for the first time, breaking through a series of problems in the development of 100m super long flexible blades, with a single length of 103 meters, setting a new record for the longest wind power blades in China. The height of the hub center is 130 meters, and the wind swept area of the wind wheel is 35000 square meters. (National Development and Reform Commission website)
Company dynamics
Jiangsu New Energy Development Co.Ltd(603693) ( Jiangsu New Energy Development Co.Ltd(603693) ): the company issued the announcement of 2021 annual performance express: the company achieved a total operating revenue of 1856732000 yuan, a year-on-year increase of 20.04%; The total profit was 4622185 million yuan, a year-on-year increase of 107.19%; The net profit attributable to shareholders of listed companies was 309343900 yuan, with a year-on-year increase of 101.24% (Ifind)
Risk warning: the macro policy is not as expected; The price rise of raw materials exceeded expectations; Financial expenditure is lower than expected.
