Index
On February 28, 2022, the Shanghai Composite Index closed at 346231 points, up 0.32%; Shenzhen composite index closed at 1345573 points, up 0.32%; Photovoltaic index closed at 480212 points, up 1.85%. The wind power index closed at 308543 points, up 0.16%. Among them, the top three companies in the photovoltaic industry are: Qingdao Gaoce Technology Co.Ltd(688556) ( Qingdao Gaoce Technology Co.Ltd(688556) , 7.82%), Risen Energy Co.Ltd(300118) ( Risen Energy Co.Ltd(300118) , 7.43%), Trina Solar Co.Ltd(688599) ( Trina Solar Co.Ltd(688599) , 7.32%). The top three companies in the wind power industry are: Dajin Heavy Industry Co.Ltd(002487) ( Dajin Heavy Industry Co.Ltd(002487) 5.86%), Ning Xia Yin Xing Energy Co.Ltd(000862) ( Ning Xia Yin Xing Energy Co.Ltd(000862) 5.13%), Sungrow Power Supply Co.Ltd(300274) ( Sungrow Power Supply Co.Ltd(300274) , 3.36%).
Comments
Recently, the opinions of the people’s Government of Inner Mongolia Autonomous Region on promoting the high-end, intelligent and green development of manufacturing industry. According to this opinion, in terms of cultivating modern equipment manufacturing industrial clusters, Inner Mongolia will focus on the development of two 100 billion level industries: new energy equipment manufacturing and new energy vehicle manufacturing, so as to form a new engine to drive the development of manufacturing industry. By 2025, we will have an annual production capacity of more than 8 million kilowatts of wind turbines and their parts, more than 4 million kilowatts of Cecep Solar Energy Co.Ltd(000591) batteries and components, more than 3.6 million kilowatts of energy storage equipment, more than 5000 sets of fuel cell vehicle stack systems, more than 800 sets of hydrogen production and industrial by-product hydrogen purification equipment, more than 400000 tons of hydrogen storage equipment and 100000 new energy vehicles, The output value of modern equipment manufacturing industry exceeded 200 billion yuan. In terms of wind power generation, the opinions has made new capacity planning for supporting parts such as large-scale wind turbine generator, generator, blade, tower, gearbox and so on. Inner Mongolia is rich in wind resources and has great demand for wind farm construction. At the same time, Inner Mongolia used to gather a large number of high energy consuming industries because of its high coal output. These industries have strong demand for new energy under the double carbon policy. It is suggested to pay attention to the wind power and photovoltaic related industrial companies arranged in advance in Inner Mongolia.
Industry dynamics
At present, the installed capacity of wind power in China has reached 328 million kilowatts, and the number of units in service has exceeded 155000. The post market business with operation and maintenance technical transformation, performance upgrading and decommissioning recovery as the main demand is rising rapidly. It is estimated that during the “14th five year plan” period, the scale of old wind farms with operation time of more than 20 years will be about 900000 kW, and the scale of old wind farms with operation time of more than 15 years will exceed 30 million KW. There is a broad market space and great potential for wind power upgrading and transformation. (Polaris power grid)
Company dynamics
Nyocor Co.Ltd(600821) ( Nyocor Co.Ltd(600821) ): the company released its annual report for 2021. In 2021, the company completed a total power generation of 3.759 billion kwh, an increase of 64.75% year-on-year. The total assets of the company were 25.196 billion yuan, a year-on-year increase of 75.93%; The net assets attributable to shareholders of listed companies were 4.889 billion yuan, a year-on-year increase of 54.73%; During the reporting period, the company achieved an operating revenue of 1.908 billion yuan, a year-on-year increase of 40.61%; The total profit was 473 million yuan, a year-on-year increase of 99.89%; The net profit attributable to the parent company was 406 million yuan, a year-on-year increase of 620.56%.
Risk warning: the epidemic situation fluctuates beyond expectations and the risk of policy change.
