Market review: as of December 24, 2021, Shenwan environmental protection industry fell 2.71% in the week, 2.03 percentage points lower than Shanghai and Shenzhen 300 index, and ranked 27th among Shenwan 31 industries. Among the top ten stocks that rose in the week, China Resourcesand Environment Co.Ltd(600217) , Beijing Zeho Waterfront Ecological Environment Treatment Co.Ltd(605069) and China Tianying Inc(000035) ranked among the top three in Shenwan environmental protection, with increases of 17.14%, 5.99% and 3.99% respectively. Among the top ten stocks that fell in the week, Hynar Water Group Co.Ltd(300961) , Tianjin Motimo Membrane Technology Co.Ltd(300334) and Jiangsu Jiuwu Hi-Tech Co.Ltd(300631) fell significantly, with declines of 14.71%, 13.85% and 13.35% respectively. In terms of valuation, as of December 24, 2021, the PE (TTM) of Shenwan environmental protection sector was 21.79 times.
Viewpoint of Environmental Protection Industry Week: Recently, the Ministry of ecological environment and other 9 departments issued the notice on carrying out climate investment and financing pilot work. The pilot goal: through 3-5 years of efforts, the pilot areas will basically form a policy environment conducive to the development of Climate Investment and financing, cultivate a number of climate friendly market players, and explore a number of Climate Investment and financing development models, We will build several international cooperation platforms for Climate Investment and financing, so as to fully gather all kinds of essential resources such as capital, talents and technology in the field of Climate Investment and financing. In addition, the Ministry of ecology and environment issued the notice on the management of industrial solid waste discharge permit, and gradually incorporated the environmental management requirements of industrial solid waste generating units into their discharge permit according to law. It is recommended to pay attention to Zhefu Holding Group Co.Ltd(002266) (002266), Beijing Geoenviron Engineering & Technology Inc(603588) (603588), Jiangsu Huahong Technology Co.Ltd(002645) (002645) of solid waste recycling targets, and Zhejiang Weiming Environment Protection Co.Ltd(603568) (603568), Grandblue Environment Co.Ltd(600323) (600323), Chongqing Sanfeng Environment Group Corp.Ltd(601827) (601827), Dynagreen Environmental Protection Group Co.Ltd(601330) (601330), new energy sanitation equipment targets Yutong Heavy Industries Co.Ltd(600817) (600817), and sewage treatment targets Beijing Originwater Technology Co.Ltd(300070) (300070).
Risk warning: policy promotion is not as expected; The progress of the construction project is less than expected; Product price fluctuation risk; The promotion of carbon emission trading was less than expected.
