On March 1, Decai Decoration Co.Ltd(605287) issued the announcement of winning the bid for bid section 1 of the general contracting of civil engineering design and construction of power pipe gallery construction project in the north area of Airport Economic Zone of Qingdao Jiaodong International Airport: the company’s subsidiary Qingdao CSCEC United Group Co., Ltd. won the general contracting project of civil engineering design and construction of power pipe gallery construction project, with a bid winning amount of 112 million. This is another example of Decai Decoration Co.Ltd(605287) since it landed in the A-share market and won the bid for many projects in the field of “new infrastructure and new urban construction” through the advantages of the whole industrial chain.
Power pipe gallery is an important module of new infrastructure, and many institutions have issued research reports for attention. Cinda securities predicts that new energy construction and power grid investment will be the main driving force for growth. Pang Ming, chief economist and chief strategic analyst of Huaxing securities (Hong Kong), pointed out that the connection between “new urban construction” and “new infrastructure” is an important way to promote steady economic growth.
Power pipe gallery is an important part of new urban construction. Power pipe gallery is an indispensable urban supporting project for new infrastructure sectors such as power grid investment, new energy, 5g and big data center. Under the background of “moderately advanced infrastructure investment”, its market demand will be released.
Decai Decoration Co.Ltd(605287) won the bid for the power pipe gallery construction project in the airport economic zone of Qingdao Jiaodong International Airport, setting up a “new paradigm” in the construction project of Qingdao urban comprehensive pipe gallery.
A few days ago, Cinda Securities pointed out in the report “new infrastructure leads value remodeling,” double carbon “trend leading logic spillover”: with the convening of the 2021 central economic work conference, China has set “seeking progress in stability” as the general tone of economic work for many consecutive years. New town construction will be the key direction of steady growth.
According to the data released by the State Grid and the southern power grid, the total investment of the national power grid during the 14th Five Year Plan period is expected to be nearly 3 trillion yuan, focusing on promoting the transformation and upgrading of the power grid. With the growth of power grid investment scale, all sectors of power construction will usher in huge demand. Among them, the capital construction investment represented by the power pipe gallery is the foundation. The short board and automation upgrading at the distribution side, as well as the overall promotion of power grid intelligence, will be the more important direction of power grid investment.
Compared with the power pipe gallery, the concept of urban pipe gallery in Decai Decoration Co.Ltd(605287) layout is richer, also known as underground pipe gallery and urban pipe network, that is, various engineering pipelines such as power, communication, gas, heating, water supply and drainage are integrated, and special manholes, hoisting openings and monitoring systems are set for unified planning, design, construction and management, It is an important infrastructure and “lifeline” to ensure urban operation.
According to the announcement on the main business data of Decai Decoration Co.Ltd(605287) 2021 in the fourth quarter, the number of newly signed projects of the company and its subsidiaries reached 120 in the fourth quarter alone, an increase of 31.87% over the same period of last year. The amount of newly signed projects was about 2.3 billion yuan, and the amount of newly signed projects in the whole year was about 6.9 billion yuan. As of March 3, the company disclosed that it had won four projects worth more than 100 million yuan, with a total winning amount of 711 million yuan, including the construction of new primary schools, supporting talent parks, urban power pipe corridors, etc. For Decai Decoration Co.Ltd(605287) who actively seek green wisdom transformation and deeply cultivate new infrastructure and new urban construction, the opportunity is at hand.
