[core portfolio] Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Suzhou Maxwell Technologies Co.Ltd(300751) , Sany Heavy Industry Co.Ltd(600031) , Yingkou Jinchen Machinery Co.Ltd(603396) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Wuxi Shangji Automation Co.Ltd(603185) , Shenzhen S.C New Energy Technology Corporation(300724) , Zhejiang Hangke Technology Incorporated Company(688006) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) , Wuxi Autowell Technology Co.Ltd(688516) , Juzi technology, Zhejiang Windey Co.Ltd(300772) , Riyue Heavy Industry Co.Ltd(603218) , Jiangsu Hengli Hydraulic Co.Ltd(601100) , Xcmg Construction Machinery Co.Ltd(000425) , Hangzhou Oxygen Plant Group Co.Ltd(002430) , Yantai Jereh Oilfield Services Group Co.Ltd(002353) , Centre Testing International Group Co.Ltd(300012) , Zhejiang Cfmoto Power Co.Ltd(603129) , Jade Bird Fire Co.Ltd(002960) , Ningbo Lehui International Engineering Equipment Co.Ltd(603076)
The focus stock pool is the focus stock pool of the focus stock pool, which is a focus stock pool that has a focus on a focus stock pool that has a {{300567 {{{00237371} {{{{6885850} Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) { Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) {{68850}} { Shanghai Friendess Electronic Technology Corporation Limited(688188) , Shanghai Friendess Electronic Technology Corporation Limited(688188) , Shanghai Friendess Electronic Technology Corporation Limited(688188) Harbin Xinguang Optic-Electronics Technology Co.Ltd(688011) Harbin Xinguang Optic-Electronics Technology Co.Ltd(688011) { Shanghai Friendess Electronic Technology Corporation Limited(688188) Shanghai Friendess Electronic Technology Corporation Limited(688188) { Shanghai Friendess Electronic Technology Corporation Limited(688188) {688018018012 2} Advanced Micro-Fabrication Equipment Inc.China(688012) {603338393383388} {6033388}} {{{{6033383383388}}} {{{{{{6033388}}, {603960 603960}} { Focused Photonics (Hangzhou) Inc(300203) , Beijing Tianyishangjia New Material Corp.Ltd(688033) , Hunan Kaimeite Gases Co.Ltd(002549)
[last week's report] [ Wuxi Autowell Technology Co.Ltd(688516) ] depth: faucet of component series welding equipment; Multi point flowering of photovoltaic, semiconductor and lithium battery equipment; [Juzi technology] depth: 3D, category expansion and application field expansion drive high growth in the future; [ Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) ] the world's largest sapphire base was put into operation; Silicon carbide project was successfully signed in Yinchuan; [ Robotechnik Intelligent Technology Co.Ltd(300757) ] equity incentive shows confidence; Photovoltaic and semiconductor devices provide upward elasticity.
[core view]
(1) The central economic work conference stressed that the new renewable energy and raw material energy will not be included in the total energy consumption control and "energy power". It is conducive to the release of production capacity of photovoltaic and wind power industry chain companies, so as to provide guarantee for the realization of the goals of "carbon peak" and "carbon neutralization".
(2) It is expected that the photovoltaic giant will accelerate the layout in the field of heterojunction (hjt) cells. Suzhou Maxwell Technologies Co.Ltd(300751) won the bid for rec 400MW heterojunction battery equipment, set the first record for domestic equipment export and recognized by the international market. Pay close attention to the bidding progress of 1-2gw hjt equipment (similar to Tongwei's 1GW). Longji and Zhonghuan lowered the price of silicon wafers, and the price of silicon materials began to fall, with a month on week decline of about 3.4% - 3.8%, and the downstream demand of photovoltaic is expected to rise. It continues to push Suzhou Maxwell Technologies Co.Ltd(300751) , Yingkou Jinchen Machinery Co.Ltd(603396) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Wuxi Shangji Automation Co.Ltd(603185) , Shenzhen S.C New Energy Technology Corporation(300724) , etc.
(3) Honeycomb energy and LG new energy accelerated the layout of power battery industry and continued to recommend lithium battery equipment leaders.
(4) The global wind energy declaration calls on governments to show their ambition for the development of wind power generation; new energy represented by scenery shows a high boom worldwide; wind power equipment is recommended Zhejiang Windey Co.Ltd(300772) , Riyue Heavy Industry Co.Ltd(603218) , and is optimistic about Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , Ningbo Orient Wires & Cables Co.Ltd(603606) , Ficont Industry (Beijing) Co.Ltd(605305) .
(5) On December 6, the central bank comprehensively lowered the reserve requirement by 0.5%, strengthened the expectation of steady growth, and improved the expected margin of downstream demand for construction machinery. Internationalization, electrification and digitization helped China become a global leader. It continued to recommend strong alpha companies: Sany Heavy Industry Co.Ltd(600031) , Jiangsu Hengli Hydraulic Co.Ltd(601100) , Zhejiang Dingli Machinery Co.Ltd(603338) ; phased recommendations Xcmg Construction Machinery Co.Ltd(000425) , Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Anhui Heli Co.Ltd(600761) , Hangcha Group Co.Ltd(603298)
[lithium battery equipment] in recent two months, the penetration rate of new energy vehicles has been nearly 20%, and the volume has been accelerated. Honeycomb energy accelerates the layout of power batteries. LG new energy aims to significantly increase the capacity of its Michigan plant to 40gwh in the next three years. Continue to recommend lithium battery equipment faucets Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) , Shenzhen United Winners Laser Co.Ltd(688518) , Vt Industrial Technology Co.Ltd(300707) , and be optimistic about Suzhou Slac Precision Equipment Co.Ltd(300382) , Shanghai Sk Automation Technology Co.Ltd(688155) , Ningbo Zhenyu Technology Co.Ltd(300953) , Jdm Jingda Machine(Ningbo)Co.Ltd(603088) .
[PV / wind power equipment] closely track the bidding progress of PV heterojunction battery equipment. Last week, Longji and central lowered the price of silicon wafers, and the industry demand is expected to turn upward. Photovoltaic equipment continues to push Suzhou Maxwell Technologies Co.Ltd(300751) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Yingkou Jinchen Machinery Co.Ltd(603396) , Wuxi Shangji Automation Co.Ltd(603185) , Shenzhen S.C New Energy Technology Corporation(300724) , etc. The demand for wind power in the 14th five year plan is expected to greatly exceed expectations, focusing on the whole machine and core parts. For wind power equipment, Zhejiang Windey Co.Ltd(300772) , Riyue Heavy Industry Co.Ltd(603218) are recommended, and Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , Ningbo Orient Wires & Cables Co.Ltd(603606) , Ficont Industry (Beijing) Co.Ltd(605305) are concerned.
[construction machinery] in November, the sales volume of excavators (including exports) was about 20000, with a year-on-year growth rate of - 37%. The central bank comprehensively reduced the reserve requirement by 0.5%, strengthened the expectation of steady growth, and improved the expected margin of downstream demand for construction machinery; continued to recommend strong alpha companies: Sany Heavy Industry Co.Ltd(600031) , Jiangsu Hengli Hydraulic Co.Ltd(601100) , Zhejiang Dingli Machinery Co.Ltd(603338) ; phased recommendations Xcmg Construction Machinery Co.Ltd(000425) , Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Anhui Heli Co.Ltd(600761) , Hangcha Group Co.Ltd(603298) . [inspection] The inspection and testing industry has a large space, and the medium and long-term growth rate is stable. Recommended Centre Testing International Group Co.Ltd(300012) ; Continue to be optimistic about Guangzhou Grg Metrology&Test Co.Ltd(002967) , Shenzhen Anche Technologies Co.Ltd(300572) , China Building Material Test & Certification Group Co.Ltd(603060) , Suzhou Sushi Testing Group Co.Ltd(300416) .
[consumption upgrading / overseas export] Sino US relations are slowing down, freight and raw material prices have dropped from the high point, and it is expected that the cost end of the export industrial chain will be marginally improved. In October, the year-on-year growth rate of large displacement two wheeled vehicles exceeded 60%; Zhejiang Cfmoto Power Co.Ltd(603129) MT800 two wheeled vehicle is expected to enter the starting stage, and the company's four wheeled vehicle sales continue to maintain high growth. Focus on Zhejiang Cfmoto Power Co.Ltd(603129) , Ningbo Lehui International Engineering Equipment Co.Ltd(603076) , Zhejiang Jiecang Linear Motion Technology Co.Ltd(603583) , Zhejiang Dingli Machinery Co.Ltd(603338) , Hangzhou Great Star Industrial Co.Ltd(002444) , Hangzhou Youngsun Intelligent Equipment Co.Ltd(603901) , Guangdong Jinma Entertainment Corporation Limited(300756) , and look forward to Bafang Electric( Suzhou) Co.Ltd(603489) , Yindu Kitchen Equipment Co.Ltd(603277) . [industrial gas] overseas comparable companies have a market value of 600-100 billion. Recommended Hunan Kaimeite Gases Co.Ltd(002549) , optimistic about Hangzhou Oxygen Plant Group Co.Ltd(002430) .
Risk tips: 1) infrastructure and real estate investment is lower than expected; 2) Covid-19 epidemic spread beyond the expected risk.
