This week (December 20-25), the photovoltaic equipment sector fell 6.66% as a whole. All the 10 enterprises that the reporter of Huaxia times focused on monitoring fell, Hangzhou First Applied Material Co.Ltd(603806) shares fell by 11.97%, Tbea Co.Ltd(600089) shares fell by 10.22%, Sungrow Power Supply Co.Ltd(300274) , Tongwei Co.Ltd(600438) shares fell by 9.07% and 8.51% respectively. There is no change in the market value ranking this week.
Zhejiang Chint Electrics Co.Ltd(601877) sell 10 photovoltaic power stations
Photovoltaic enterprises continue to sell power station assets and carry out asset light transformation. On December 24, Zhejiang Chint Electrics Co.Ltd(601877) announced that new energy development, a wholly-owned subsidiary of the company, plans to sign an equity transfer agreement with China Three Gorges Renewables (Group) Co.Ltd(600905) to transfer 100% of its equity of Hangzhou Taijing to China Three Gorges Renewables (Group) Co.Ltd(600905) , with a transfer price of 165 million yuan. Hangzhou Taijing wholly controls 10 centralized photovoltaic power station project companies, and it has no actual business, The total installed capacity of the above 10 photovoltaic power station project companies involved in this transaction is 254.37mw. Zhejiang Chint Electrics Co.Ltd(601877) said that the sale of equity of some centralized photovoltaic power station project companies is in line with the company’s strategic deployment of “high-tech, asset light, platform and service-oriented”, and will further optimize the company’s asset structure. According to preliminary calculation, the sale of equity of some centralized photovoltaic power station project companies is expected to increase the company’s net profit of about 64 million yuan in 2021 (including profit and loss during the transition period), which will have a certain positive impact on the company’s operating performance. On December 20, Hangzhou Hemai Power Electronics Co., Ltd. (stock abbreviation: Hemai shares, stock code: 688032) successfully landed on the science and Innovation Board of Shanghai Stock Exchange, with an issue price of 557.8 yuan / share, setting a new high of a shares. On the same day, the share price of Hemai shares soared, exceeding 824 yuan / share, and the total market value once exceeded 30 billion yuan. Established in September 2012, Hemai Co., Ltd. is an enterprise mainly engaged in photovoltaic inverter and other power conversion equipment, complete electrical equipment and related products.
In addition, on December 23, Tongwei Co.Ltd(600438) received the reply on approving Tongwei Co.Ltd(600438) public issuance of convertible corporate bonds from China Securities Regulatory Commission. The company’s public issuance of convertible corporate bonds with a total face value of 12 billion yuan was approved for a period of 6 years.
Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) establish new energy group Co., Ltd. On December 23, Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) announced that the board of directors of the company agreed to restructure and integrate the new energy project companies controlled by the subordinate holding subsidiary China Hydropower Engineering Consulting Group Co., Ltd. and other subordinate holding subsidiaries on the platform of China Hydropower Construction Group New Energy Development Co., Ltd., a holding subsidiary of the company, After the integration, Sinohydro New Energy Development Co., Ltd. will hold the relevant equity of these integrated subjects, and plans to change its name to ” Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) New Energy Group Co., Ltd.” (tentative name, subject to the name approved by the market supervision and administration department).
the upstream price game of the industrial chain continues
On December 24, the 2022 national energy work conference was held in Beijing. The meeting pointed out that we should make every effort to ensure energy security, continue to give full play to the role of coal as a “ballast stone”, effectively play the basic regulatory role of coal and electricity, solidly improve the power safety and supply capacity, continue to improve oil and gas exploration and development, constantly improve the production, supply, storage and marketing system, ensure the safety and warmth of the people in the northern region through the winter, and strengthen the prediction and early warning of energy safety operation. We should accelerate the green and low-carbon development of energy, strengthen the guarantee of policies and measures, accelerate the implementation of renewable energy substitution actions, actively, safely and orderly develop nuclear power, improve the regulation capacity of the power system, and continue to promote the rectification of the central ecological and environmental protection inspector.
Energy security remains the focus of China’s current energy work. Recently, Ning Jizhe, deputy director of the national development and Reform Commission and director of the National Bureau of statistics, said that we should strengthen the refined energy consumption management, focus on regulating the energy consumption of high energy consuming and low-level enterprises, benchmark the energy efficiency benchmark level, promote the orderly implementation of transformation and upgrading of enterprises in key industries, promote the whole society to strengthen the conservation of electricity and energy, establish first and then break, and orderly promote the adjustment and optimization of energy structure. In terms of energy security, give full play to the role of the inter ministerial coordination mechanism for coal, electricity, oil and gas transportation support, and strengthen the supply guarantee of coal, electricity and natural gas.
The price game in the upstream of the photovoltaic industry chain continues. According to PV InfoLink analysis, the negotiation interaction between the buyer and the seller in the silicon material link has increased significantly by the middle and late December. Although the atmosphere of price game is still strong, and there is a large gap between the two sides of the target price and even between different manufacturers, on the whole, the downward trend of silicon material price is clear The extent of the decline is becoming clear. A small number of transactions began this week, and a few buyers still focus on purchasing to supplement short-term demand for the time being, because on the one hand, the continuous low operating rate level of crystal pulling links inhibits the demand for silicon materials, on the other hand, the expectation of continued decline in silicon materials prices is still strong, and the consideration of price decline expectation and price loss prompted buyers to have concerns about purchasing. Up to now, the main price of silicon material has basically fallen to the range of RMB 230-240 per kilogram, and the low price range has fallen to the range of RMB 210-215 per kilogram, with a large decline for three consecutive weeks. With the coming of the Spring Festival holiday, the relationship between supply and demand needs further consideration and game.
(Huaxia times)
