Market review of this week (December 6-december 10)
The new materials index fell 0.16%, weaker than the gem index. OLED materials rose 0.34%, semiconductor materials fell 0.81%, membrane materials rose 0.06%, additives rose 0%, carbon fiber rose 0%, and tail gas treatment fell 1.69%. The top five increases were Shenzhen Wote Advanced Materials Co.Ltd(002886) , Nanjing Cosmos Chemical Co.Ltd(300856) , Zhuzhou Times New Material Technology Co.Ltd(600458) , Hangzhou First Applied Material Co.Ltd(603806) , Lianhe Chemical Technology Co.Ltd(002250) ; The top five declines were Hubei Feilihua Quartz Glass Co.Ltd(300395) , Nanjing Julong Science & Technology Co.Ltd(300644) , Actblue Co.Ltd(300816) , Guangdong Huate Gas Co.Ltd(688268) , Hangzhou Greenda Electronic Materials Co.Ltd(603931) .
New materials week observation: a new round of UHV construction wave has arrived, and the demand for insulating materials has increased rapidly
Insulating material is the guarantee of UHV equipment performance. In the field of electrical technology, insulating materials refer to materials composed of substances with volume resistivity greater than 10 ° q-cm. Common performance indexes include compressive strength, heat resistance grade, flame retardant grade, mechanical strength, etc. A new round of UHV project construction in China has been carried out on a large scale, driving the growth of insulation material demand. In March 2021, the State Grid proposed in the “action plan for carbon peaking and carbon neutralization” that the new regional transmission channels during the “14th five year plan” period will focus on the transmission of clean energy. It is planned to build 7 circuits of UHVDC and increase the transmission capacity by 56 million KW. In addition to the UHV transmission capacity built in the South grid area, it is expected that China’s UHV transmission capacity is expected to exceed 100 million KW at the end of the 14th five year plan. At the same time, China’s UHV industry will fully realize the intelligent application of UHV power grid through solid grid foundation, intelligent transmission equipment, integration of transmission and distribution, and supported by control and information communication platform. Sichuan Em Technology Co.Ltd(601208) deep ploughing industry has a multi-point layout. Its existing products include insulating polypropylene film, insulating polyester film, soft composite products, electrical layer (mold) pressing products, insulating paint and resin, etc. it is the leading manufacturer of insulating materials in China.
Important company announcements and industry information
[ Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) ] the company plans to jointly invest with Suzhou ranchuang, Suzhou Junyin and Shanghai Xinbei to establish Jiangsu ranchuang Materials Co., Ltd., with a registered capital of 100 million yuan, of which Suzhou ranchuang contributes 55 million yuan with its 100% equity of Yangzhou ranchuang Materials Technology Co., Ltd; Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) invested 27.7778 million yuan in currency, of which 25 million yuan is the subscribed registered capital, and the rest is included in the capital reserve, with a contribution ratio of 25%; Suzhou Junyin contributed 14.2222 million yuan in currency, of which 12.8 million yuan was the subscribed registered capital, and the rest was included in the capital reserve, with a contribution ratio of 12.80%; Shanghai Xinbei contributed 8 million yuan in currency, of which 7.2 million yuan was the subscribed registered capital, and the rest was included in the capital reserve, with a contribution ratio of 7.20%.
Beneficiary object
We are optimistic about the broad market of functional membrane materials under the background of industrial transfer, the breakthrough of domestic substitution of high-end electronic materials from 0 to 1, and the new opportunities of new materials in the wave of new energy. Beneficiary objects: Jiangsu Sidike New Materials Science & Technology Co.Ltd(300806) , Haohua Chemical Science & Technology Corp.Ltd(600378) , Red Avenue New Materials Group Co.Ltd(603650) , Rianlon Corporation(300596) , Wuxi Acryl Technology Co.Ltd(603722) , Sichuan Em Technology Co.Ltd(601208) , Ningbo Solartron Technology Co.Ltd(688299) , Puyang Huicheng Electronic Material Co.Ltd(300481) , Xi’An Manareco New Materials Co.Ltd(688550) , etc.
Risk tip: technological breakthrough is less than expected, industry competition intensifies, raw material price fluctuation, etc.
