Today (March 2), A-Shares opened low in the morning, led by the gem index. At the end of the day, the Shanghai index showed signs of rising. Unfortunately, it is difficult to hide the overall decline of a shares. On the disk, in terms of industries, traditional Chinese medicine, shipping ports, petroleum, nonferrous metals, coal, agriculture, animal husbandry, feeding and fishing, photovoltaic, logistics and other industries led the increase; Semiconductor, aerospace, shipbuilding, electronic components, wind power and other industries led the decline. In terms of theme stocks, oil and gas equipment and services, aquaculture, shale gas, transgenic, agricultural planting and natural gas led the rise, while blade batteries, solid-state batteries and cro led the decline.
welcome favorable policies! Ports and shipping sectors rose Ningbo Energy Group Co.Ltd(600982) five link board, Jinzhou Port Co.Ltd(600190) daily limit for four consecutive days
The port and shipping sectors rose strongly on the 2nd day. As of the closing, the port sector, Jinzhou Port Co.Ltd(600190) rose by the limit, Xiamen Port Development Co.Ltd(000905) , Liaoning Port Co.Ltd(601880) , Jiangsu Lianyungang Port Co.Ltd(601008) , etc; In the shipping sector, Ningbo Energy Group Co.Ltd(600982) , Beijing Changjiu Logistics Corp(603569) , Ningbo Marine Company Limited(600798) and other trading limits, Cosco Shipping Energy Transportation Co.Ltd(600026) , Antong Holdings Co.Ltd(600179) and other outstanding performances.
It is worth noting that Ningbo Energy Group Co.Ltd(600982) has been trading for five consecutive trading days Ningbo Energy Group Co.Ltd(600982) recently released a risk warning that the company is mainly engaged in cogeneration, biomass power generation, pumped storage and comprehensive energy services, as well as financial investment related to energy. So far, the main business has not changed. The two letters of intent on cooperation recently signed by the company do not constitute the basis for the signatories to investigate each other’s liability for breach of contract, and there are major uncertainties in the implementation of the two pumped storage projects involved.
Jinzhou Port Co.Ltd(600190) daily limit for four consecutive days Jinzhou Port Co.Ltd(600190) pointed out that the company is mainly engaged in port business such as loading, unloading, Stockpiling and transportation of bulk goods such as oil products, grain, metal ore and steel. So far, the main business has not changed. According to the third quarter report of 2021 disclosed by the company, the company achieved an operating revenue of 5.087 billion yuan in the first three quarters of 2021, a year-on-year decrease of 1.07%; The net profit attributable to shareholders of listed companies was 139 million yuan, down 9.65% year-on-year.
In terms of news, on March 2, the Ministry of transport and the national development and Reform Commission issued a notice on reducing and merging port charges and other related matters, clearly canceling the government pricing of port facility security fees and including them into the port operation lump sum fee as a sub item, and the sub item charge standard shall not be higher than the original charge standard.
The notice also pointed out that port operators and other units should strictly implement the price policy, implement the catalogue list and publicity system of port operation service charges, and timely adjust the names and standards of charges publicized to the public according to this notice. Relevant agency enterprises shall collect and pay port charges for goods on behalf of others, and shall not increase charges. It is not allowed to raise the charging standards and impose charges in disguise through various means. Tugboat operators shall not charge beyond the scope and standard. Transportation (port and maritime) management departments at all levels shall strengthen policy publicity and convey the requirements of this notice to relevant operators and units in a timely and accurate manner; We should strengthen the supervision of port operation market, cooperate with relevant departments to investigate and deal with violations according to law, and further standardize port charging behavior. Market operations such as port tally, tugboat and oil boom services should further introduce competition mechanism.
China Merchants Securities Co.Ltd(600999) said that regional conflicts may stimulate the upward movement of shipping rates. 1) Centralized transportation: on the demand side, war factors may stimulate the European region to hoard a large number of living materials, and the demand for the European line may increase in the short term; On the supply side, war factors may lead to the suspension of ports in relevant regions and the obstruction of some shipping lines. Under the background of the already tight global supply chain, the centralized transportation supply may continue to be in short supply. 2) Dry bulk cargo: Russia and Ukraine are the world’s major grain and coal export hubs. Regional conflicts will shift relevant import and export trade to the Americas, Australia and New Zealand, and the lengthening of transportation distance is expected to increase the freight rate of dry bulk cargo; On the other hand, regional conflicts have led to concerns about the stability of the supply chain on both sides of import and export trade, and the freight rates of relevant routes may increase significantly in the short term. 3) Oil transportation: Europe is highly dependent on Russian energy. At present, about 2.3 million barrels / day of Russian crude oil flows westward through the pipeline network to the export terminals of the Baltic Sea and the Black Sea, and directly to the refineries in central and Eastern Europe. If the regional situation worsens and Western countries impose sanctions on Russia, European refineries will turn to the Middle East to import crude oil, and Russia will also look for alternative customers. At that time, the crude oil transportation distance will be lengthened and the overall crude oil transportation price will be significantly increased. On the other hand, regional conflicts have led to concerns of both importers and exporters about the stability of the supply chain, and the freight rates of relevant routes may increase significantly in the short term. In terms of the subject matter, we recommend Cosco Shipping Holdings Co.Ltd(601919) , and actively pay attention to Cosco Shipping Energy Transportation Co.Ltd(600026) .
coal sector rose Yunnan Coal & Energy Co.Ltd(600792) limit, Yankuang energy and others rose
The coal sector surged on the 2nd, with Yunnan Coal & Energy Co.Ltd(600792) limit rising, while Yankuang energy, Pingdingshan Tianan Coal Mining Co.Ltd(601666) , Beijing Haohua Energy Resource Co.Ltd(601101) , Shanxi Meijin Energy Co.Ltd(000723) and other gains were ahead. It is worth noting that Yankuang energy has performed strongly recently. Since February 7, the stock has risen by more than 50%.
On the news side, the national development and Reform Commission recently issued a notice to further improve the coal market price formation mechanism. The notice specifies three key policies and measures: first, guide coal prices to operate within a reasonable range. From the market operation for many years, the medium and long-term transaction price of underground coal (5500kcal) in Qinhuangdao port is 570770 yuan per ton (including tax) in the near future, and the upstream and downstream can achieve better coordinated development. Considering the reasonable circulation cost, production cost and other factors, the reasonable range of medium and long-term transaction price in the ore extraction link of key coal transfer out areas (Shanxi, Shaanxi and Inner Mongolia) is defined accordingly. The national development and Reform Commission has taken comprehensive measures with relevant parties to guide coal prices to operate within a reasonable range.
Second, improve the price transmission mechanism of coal and electricity. Guiding coal and electricity prices are mainly formed through medium and long-term transactions. When the medium and long-term transaction price of coal operates within a reasonable range, coal-fired power generation enterprises can fully transmit the change of fuel cost through market-oriented means under the current mechanism, and encourage the reasonable setting of terms linking the on grid price and the medium and long-term transaction price of coal in the medium and long-term transaction contract of electric power, so as to effectively realize coal Electricity price transmission.
Third, improve the coal price regulation mechanism. First, improve the ability of supply and demand regulation. Ensure reasonable and sufficient coal production capacity, improve the medium and long-term coal contract system, further enhance the government’s dispatchable coal storage capacity, and improve the reserve regulation mechanism.
Secondly, strengthen market expectation management. Improve the cost investigation and price monitoring system, and standardize the compilation and release of coal price index. When the coal price exceeds a reasonable range, make full use of the means and measures stipulated in the price law and other laws and regulations to guide the return of coal price. Third, strengthen market supervision. It is strictly prohibited to interfere improperly with the prices of coal and electricity operating within a reasonable range, strengthen the supervision of the performance of medium and long-term contracts of coal and electricity, strengthen the linkage supervision and antitrust supervision of the futures and spot market, and investigate and deal with price violations in a timely manner.
Cinda Securities believes that at present, it is in the early stage of a new round of upward cycle of coal economy, and the fundamentals, policies and companies resonate. At this stage, it is right to allocate the coal sector. It is time to continue to look at the coal sector comprehensively and continue to suggest paying attention to the historic allocation opportunities of coal. Focus on three main lines: first, under the tight supply and demand of coal in China, low inventory, high price and policy encouragement to increase production and ensure supply, favorable listed companies of thermal coal: Yanzhou Coal Mining Company Limited(600188) , Shaanxi Coal Industry Company Limited(601225) , China Shenhua Energy Company Limited(601088) and China Coal Energy Company Limited(601898) ; Second, it is suggested to pay attention to the southwest coking coal leader Guizhou Panjiang Refined Coal Co.Ltd(600395) , which has a large space for endogenous extension, and the pioneer of state-owned enterprise reform Pingdingshan Tianan Coal Mining Co.Ltd(601666) ; Third, it is suggested to pay attention to Shanxi Coking Coal Energy Group Co.Ltd(000983) and Jinneng Holding Shanxi Coal Industry Co.Ltd(601001) , which have great potential for extensive expansion brought by the increase of asset securitization rate of state-owned coal groups.
under the catalysis of policy, has the traditional Chinese medicine sector pulled up again? Has the upward inflection point of the industry come
On March 2, the Chinese medicine sector rose in intraday changes. As of press time, Jilin Zixin Pharmaceutical Industrial Co.Ltd(002118) limit, Jiangsu Kanion Pharmaceutical Co.Ltd(600557) , Gansu Longshenrongfa Pharmaceutical Industry Co.Ltd(300534) , China Resources Sanjiu Medical & Pharmaceutical Co.Ltd(000999) , Chongqing Pharscin Pharmaceutical Co.Ltd(002907) and other stocks followed suit. In terms of news, according to the guide for the development of forest and grass traditional Chinese medicine industry recently issued by the State Forestry and grassland administration, the state will build forest and grass traditional Chinese medicine production areas in the great and small Xing’an Mountains, Changbai Mountain Tourism Co.Ltd(603099) , the three north wind prevention and sand fixation area, the soil and water conservation area of the Loess Plateau, the Huang Huai Hai area, the middle and lower reaches of the Yangtze River, Yunnan Guizhou Sichuan area, Lingnan area, Qinghai Tibet Plateau and other areas.
According to the relevant person in charge of the State Forestry and grass administration, with the increasing demand for healthy life, there is an increasing demand for high-quality traditional Chinese medicine. Giving full play to the advantages of forest and grass resources and producing traditional Chinese medicine through ecological cultivation methods such as ecological planting, wild tending and imitation wild cultivation can provide safe, efficient, green and organic high-quality traditional Chinese medicine and meet the social demand for high-quality traditional Chinese medicine.
Guorong Securities pointed out that the biggest positive factor for the traditional Chinese medicine industry in 2022 is policy support. At the same time, we can expect the steady performance of some OTC leading enterprises. First of all, on the demand side, the rigid demand characteristics of the pharmaceutical industry and the upgrading of pharmaceutical consumption jointly support the steady growth of the demand of the traditional Chinese medicine industry. On the policy side, a series of favorable policies have been formed to promote the innovation of traditional Chinese medicine, the development of formula particles, the support of medical insurance and payment policies, and the continuous addition of traditional Chinese medicine decoction pieces can not exceed 25%, bringing policy dividends and new demand to the traditional Chinese Medicine industry. The unique advantage of “preventing disease” brings development opportunities to the traditional Chinese medicine industry. On the performance side, the traditional Chinese medicine industry walked out of the low point and showed a marginal improvement trend.
On the valuation side, the traditional Chinese medicine industry still has certain valuation advantages after valuation repair, which is lower than the overall valuation level of biomedicine. “Policy + pharmaceutical consumption upgrading + performance improvement + valuation advantages” jointly build investment opportunities in the traditional Chinese medicine industry. Therefore, we can pay appropriate attention to the areas of policy encouragement and policy haven, such as leading enterprises of innovative traditional Chinese medicine and resource-based traditional Chinese medicine enterprises with more preparations in the hospital.
Everbright Securities Company Limited(601788) pointed out that traditional Chinese medicine is a national treasure and an important resource. During the 13th Five Year Plan period, the development of traditional Chinese medicine has become a national strategy. The law on traditional Chinese medicine and opinions and policy measures to promote inheritance, innovation and development have been successively issued, and heavy medical insurance support policies have been launched at the end of 2021. The state has made coherent top-level design and planning for the whole upstream and downstream industrial chain, Various policies have been steadily promoted, and the cause of traditional Chinese medicine has developed vigorously. In the long run, under the development background of the change of disease spectrum, national top-level policy support and internationalization, the growth space of traditional Chinese medicine industry is huge.
The agency believes that in 2022, with the support of policies and medical insurance, the traditional Chinese medicine industry is expected to usher in an upward turning point, the inheritance and development of traditional Chinese medicine enterprises, the traditional Chinese medicine formula granule industry embraces market expansion and standard and quality improvement, the innovative traditional Chinese medicine is accelerated to be approved into medical insurance, and the traditional Chinese medicine goes to sea at the right time, waiting for performance fulfillment and value revaluation.
what is the impact of the continued surge in international oil prices? Several A-share listed companies responded to
On March 2, international oil prices continued to rise. Affected by this, the oil and gas sector continued to soar today. As of the noon closing, Tong Petrotech Corp(300164) , Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) , Renzhi shares and other five shares rose by the limit, Zhongman Petroleum And Natural Gas Group Corp.Ltd(603619) , Sino Prima Gas Technology Co.Ltd(300483) , Xinjiang Beiken Energy Engineering Co.Ltd(002828) , etc.
At the same time, investors have inquired about the impact of rising oil prices on the interactive platform, to which a number of listed companies responded.
Deshi responded that the company’s main business is to provide downhole power drilling tools and devices for oil and gas drilling, which are necessary tools and equipment for oil and gas mining. The company said that maintaining the oil price at an all-time high will have a positive impact on the company’s business development.
Shenzhen Guangju Energy Co.Ltd(000096) said that the company is mainly engaged in the wholesale and retail of refined oil and has no crude oil import qualification and reserve function. The rise and fall of international oil price may affect the wholesale and retail price of refined oil in China. The operation of refined oil of the company is comprehensively affected by multiple factors such as market, supply and demand relationship and national policies.
Hainan Mining Co.Ltd(601969) replied that the company holds 51% equity of Locke oil company and combines its revenue and profits according to this share ratio. As of the third quarter of 2021, the revenue scale of Locke’s oil and gas business accounted for about 25% of the company’s total revenue. The price of crude oil products of Locke company is in line with the price of Brent crude oil. Recently, the oil distribution price has been rising under the influence of the international situation, which will have a positive impact on the company’s crude oil business in the short term; At present, the natural gas business of Locke company is mainly in Sichuan, China, and the price is determined by the government, which is relatively stable.
“14th five year plan” health and aging plan printing and issuing agency suggested to embrace the high value standard of the track
On March 1, the National Health Commission and other 15 departments issued the “14th five year plan for healthy aging”, which proposed that demand-oriented, rational planning, construction and reconstruction of integrated medical and nursing institutions. Support large-scale elderly care institutions to set up medical and health institutions, and incorporate them into the designated scope of medical insurance according to regulations. Stimulate market vitality, guide social capital to set up integrated medical and nursing institutions, and promote the construction of a number of group and chain integrated medical and nursing institutions with affordable housing and guaranteed quality.
Kaiyuan Securities pointed out that the notice of the general office of the National Health Commission on carrying out the pilot work of elderly medical care services promotes the rapid development of national elderly medical care services from point to area. The goal is to explore the local experience and typical practices of reproducible and popularized elderly medical care services in 15 provinces in 2022. By 2023, the pilot experience will be popularized throughout the country, the mechanism and system for the development of elderly medical and nursing services will be continuously improved, the diversified elderly medical and nursing service model will be increasingly mature, the supply of differentiated and multi-level elderly medical and nursing services will be significantly increased, and the policies and measures conducive to the development of elderly medical and nursing services will be gradually improved.
(1) promote the development of private rehabilitation medical service enterprises, which is expected to increase the configuration demand of rehabilitation medical devices.
(2) it is expected to enrich rehabilitation diagnosis and treatment projects and improve the level of rehabilitation medical treatment.
(3) it is expected to promote the exploration of the combination of elderly medical care projects and commercial insurance, and private hospitals are expected to expand special needs projects in combination with the needs of the elderly. Continue to embrace the target of high value track, deep moat and proven success of business model. Underestimated value can be encountered but can not be sought. We should extend the time dimension to measure the growth of the company, and look forward to the track of tumor, rehabilitation, ophthalmology, dentistry, physical examination, assisted reproduction, confinement service, medical beauty, etc. recommended targets: Xi’An International Medical Investment Company Limited(000516) , Emperor’s palace, Inkon Life Technology Co.Ltd(300143) , Guizhou Xinbang Pharmaceutical Co.Ltd(002390) , Jinxin reproduction Haijiya medical, Meinian Onehealth Healthcare Holdings Co.Ltd(002044) , Xiangyumedicalco.Ltd(688626) . The subject of the beneficiary is the following of the subject of the subject of the subject of the beneficiary: 3 Gcl Energy Technology Co.Ltd(002015) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\yes.
many cement enterprises have issued price increase notices, and the downstream demand will continue to increase (with shares)
According to China cement network, from March 1, cement enterprises in Zhejiang and Jiangsu have issued a notice to increase the cement price by 30-40 yuan / ton, and enterprises in Shandong, Shanxi and other places have also increased frequently recently. Since the lunar new year, the price of clinker in the Yangtze River Delta has risen for three consecutive times, with a cumulative increase of 80 yuan / ton; The clinker price in the Pearl River Delta also ushered in two rounds of rise, with a cumulative increase of about 60 yuan / ton. According to market feedback, with the improvement of the weather, market demand is accelerating the recovery.
Sealand Securities Co.Ltd(000750) believes that in the macro aspect, infrastructure has become the primary focus of current economic stabilization. The work reports of provincial and municipal governments have made clear the specific objectives of traditional infrastructure such as transportation construction, water conservancy project and urban pipe network construction, which support the demand for cement. In addition, the policy of energy conservation and carbon reduction has been continuously promoted. The guidelines for the implementation of the upgrading system of energy conservation and carbon reduction in the cement industry clearly requires that by 2025, the proportion of clinker production capacity above the energy efficiency benchmark level in the cement industry will reach 30%, and the clinker production capacity below the energy efficiency benchmark level will be basically cleared. The effect of energy conservation and carbon reduction in the industry is remarkable, and the ability of green and low-carbon development will be greatly enhanced. The continuously promoted energy conservation and carbon reduction policy is conducive to promoting energy conservation and carbon reduction of cement manufacturers, optimizing the supply pattern of the industry and improving the competitive advantage of leading industries. Fundamentals: with the commencement and resumption of infrastructure projects, the downstream demand for cement will continue to increase. In the short term, despite the slow recovery of downstream demand at the beginning of the market, driven by the rise of cost side, the upward trend of cement prices in various regions is obvious. It is expected that in March, with the continuous improvement of downstream demand, cement prices in most regions will begin to rebound. At present, it is recommended to take the lead in the cement area Anhui Conch Cement Company Limited(600585) , Gansu Shangfeng Cement Co.Ltd(000672) , focusing on Huaxin Cement Co.Ltd(600801) , Xinjiang Tianshan Cement Co.Ltd(000877) .
