Core logic
The field of new chemical materials is an important direction for the future development of the chemical industry. With the slowdown of downstream demand growth in the traditional chemical industry, it is a general trend that the market share is concentrated to the leader, and the core competition threshold is cost and efficiency; The downstream is still in the fast-growing field of new materials. The core competitive barriers are R & D capability, industrial chain verification threshold, service capability, etc. with policy support, China's new chemical materials industry is expected to usher in an accelerated growth period. We recommend high-quality targets of new chemical materials with strong R & D capability and excellent management in the core supply chain, mainly including electronic chemicals (semiconductor materials, display materials, 5g materials, etc.), new energy materials, pharmaceutical intermediates, etc. we will give the industry a "recommended" rating.
Industry information update:
Semiconductor related:
On December 10, the big semiconductor industry network reported that on December 9, the American Semiconductor Industry Association (SIA) said on its official website that SIA had submitted an application to the U.S. Trade Representative Office (USTR) on December 1, urging the cancellation of article 301 tariffs against China, and said that these tariff policies are aggravating the problems caused by chip shortage and hindering the economic development of the United States, The increase has hurt the interests of American consumers.
On December 7, semiconductor device application network reported that the semiconductor industry association predicted that the global semiconductor sales will reach US $553 billion this year, a new high, with a year-on-year increase of 25.6%.
New energy materials related:
On December 8, China Energy Network reported that the national development and Reform Commission and other departments issued the notice on printing and distributing the implementation plan for implementing the requirements of carbon peak carbon neutralization goal and promoting the green and high-quality development of new infrastructure such as data center and 5g. The notice mentioned: adhere to intensive, green and intelligent construction, accelerate the R & D and promotion of energy-saving and low-carbon technologies, and support technological innovation and model innovation. Encourage the use of wind energy, Cecep Solar Energy Co.Ltd(000591) and other renewable energy, improve the use level of green power in the data center through self built special lines or bilateral transactions, and promote the nearby consumption of renewable energy. Support the large-scale promotion and application of modular hydrogen battery and Cecep Solar Energy Co.Ltd(000591) board room in small or edge data centers. Combine new technologies such as energy storage and hydrogen energy to increase the proportion of renewable energy in the energy supply of the data center.
Key enterprise information update:
Jiangsu Kuangshun Photosensitivity New-Material Stock Co.Ltd(300537) : on December 8, the company issued the announcement on the progress of the EIA approval and foreign investment of the wholly-owned subsidiary's 50000 ton annual output of electronic photosensitive materials and supporting materials project: on December 6, 2021, Ganzhou administrative examination and approval bureau made an approval decision on the environmental impact assessment document of the company's 50000 ton annual output of electronic photosensitive materials and supporting materials project.
Risk warning: the epidemic situation may lead to the risk of large market fluctuations; The emergence of alternative technologies; Industry competition intensifies; The economy fell sharply.
