[today's Guide]
The user side will fully participate! The scope of spot power trading has been further expanded, and the company's annual distributed photovoltaic power generation capacity is as high as 1 billion kwh
Tesla and Contemporary Amperex Technology Co.Limited(300750) have added weight to the most promising next-generation lithium battery cathode materials. The company's products have passed the evaluation of several battery manufacturers
The price of the product has reached a new high in three years. 13% of the production capacity of large factories in the first quarter may be affected, and a new round of price increase may last for three months
Prices rose to a record high, inventories fell by more than 60%, and new energy vehicles boosted the demand for this resource
Following the introduction of assisted reproductive health insurance in Beijing, Hunan Medical Insurance Bureau made it clear that it would introduce relevant management measures as soon as possible
With the advent of peak season, the scope of cement price increase continues to expand
[subject details]
user side will fully participate! The scope of spot power trading has been further expanded. The company's annual distributed photovoltaic power generation capacity is as high as 1 billion kwh
The national development and Reform Commission and the National Energy Administration recently issued the notice on accelerating the construction of power spot market. The notice pointed out that in principle, the first batch of pilot areas will carry out the long-term continuous trial operation of spot market in 2022, and the second batch of pilot areas will start the trial operation of spot market before the end of June 2022. The notice is clear, "Before the end of March 2022, in the first batch of pilot areas, the user side participating in medium and long-term transactions shall all participate in spot transactions. In the second batch of pilot areas and other regions, the market scheme shall be designed according to the user side participating in the spot market, and the" promotion of power purchase curve (including intra province and inter province) shall be carried out. " It is determined according to the typical power consumption curve of agent industrial and commercial users and the typical power consumption curve of residents and agricultural users. Promote the separate accounting of the deviation electricity of industrial and commercial users, residents and agricultural users, and settle according to the spot price. In other words, in the current spot pilot area, all users, including the agent users of power grid enterprises, except residents and agricultural users, should participate in the spot market.
Previously, the meeting of the central Deep Reform Commission proposed to build a national unified power market system, promote the construction of power market mechanism to adapt to the transformation of energy structure, and orderly promote the participation of new energy in market transactions. In addition, the State Grid has also issued the rules for inter provincial power spot trading, which proposes that all power generation types and enterprises can participate in inter provincial power spot trading and encourage inter provincial green power trading Dongxing Securities Corporation Limited(601198) analysis points out that the environmental premium in the green power transaction price is the incremental income of power generation enterprises beyond the parity on grid price, which can thicken the profits of enterprises and benefit the green power producers and operators. In the long run, green power trading will also provide support for the consumption of new energy. Through green power trading, China's increasingly abundant new energy sources such as wind power and photovoltaic will be optimized, which is conducive to promoting the consumption of new energy, serving the development of new energy, expanding the access scale of new energy, gradually building a new power system with new energy as the main body, and accelerating the realization of the goal of carbon peak and carbon neutralization.
Among A-share listed companies, Zhejiang Sunoren Solar Technology Co.Ltd(603105) as of June 30, 2021, has accumulated 10.67 million square meters of roof resources, involving 751 industrial enterprises, which can build about 1067 MW distributed photovoltaic power stations, with a cumulative installed capacity of 1019 MW and an annual power generation capacity of 1.019 billion kwh Cecep Solar Energy Co.Ltd(000591) currently has a capacity of 5.19gw photovoltaic power station, 1.2gw high-efficiency single crystal cells and 2gw high-power modules Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) as of June 30, 2021, the company has grid connected holding installed capacity of 278605mw, including 794.20mw for hydropower projects, 157355mw for photovoltaic projects and 418.30mw for wind power projects.
is the most promising cathode material for the next generation of lithium battery. Tesla and Contemporary Amperex Technology Co.Limited(300750) have increased their weight one after another. The company's products have passed the evaluation of several battery factories
Silicon carbon negative electrode has the advantages of high energy density and suitable discharge platform. It is one of the potential next generation negative electrode materials. In the past few years, due to the high price of products and the immature supporting industrial chain, the industrialization of silicon carbon negative electrode has not progressed as expected. However, since 2021, Tesla, Contemporary Amperex Technology Co.Limited(300750) and other enterprises have successively started mass production of power battery products using silicon carbon negative electrode, and some negative electrode enterprises have also begun to invest in the construction of silicon carbon negative electrode production line.
As an important part of lithium-ion battery, the use of high-capacity cathode materials can effectively improve the energy density of the whole battery. After decades of development, the actual specific capacity of the most commonly used graphite material can reach 360365mah / g, which is very close to the theoretical specific capacity (372mah / g). The continuous improvement of graphite negative electrode performance is very limited to the improvement of lithium-ion battery performance. Silicon based anode has the advantages of high energy density, wide distribution of raw materials and suitable discharge platform. It is considered to be a promising cathode material for the next generation of lithium ion batteries. Abroad, the technical scheme of "high nickel positive electrode + silicon carbon negative electrode" adopted by Panasonic battery has also been widely used in Tesla Model 3. Among them, silicon-based negative electrodes mainly include two types. 1) the theoretical specific capacity of elemental silicon negative electrode is up to 4200mah / g, which is 10 times higher than that of graphite negative electrode. 2) The theoretical specific capacity of silicon oxide negative electrode is 2600mAH / g, which is also much higher than that of graphite negative electrode China International Capital Corporation Limited(601995) analysis indicates that considering the mature technology of silicon carbon anode for consumption, the penetration rate is expected to reach 50% in 2025, corresponding to the demand of about 70000 tons of silicon carbon anode; As for the silicon carbon negative electrode for power, benefiting from the gradual improvement of the industrial chain, we expect that the penetration rate of silicon carbon negative electrode in cylindrical power battery / square power battery is expected to reach 35% / 20% in 2025, corresponding to the demand of about 130000 tons of silicon carbon negative electrode.
Among the A-share listed companies, Chengdu Guibao Science & Technology Co.Ltd(300019) 2019 has built a 50 t / a silicon carbon cathode pilot production line. The products have passed the evaluation of several battery manufacturers and achieved small batch supply. It is planned to build a new project of 10000 t / a silicon carbon cathode materials for lithium batteries in 2021 Shenzhen Xfh Technology Co.Ltd(300890) said that the developed silicon carbon cathode material products are in the pilot stage and have the conditions for industrialization Jiangsu Cnano Technology Co.Ltd(688116) said that it has jointly promoted the application of carbon nanotube conductive slurry in silicon carbon anode with Chinese core customers and well-known power lithium battery enterprises in Japan and South Korea, and is expected to realize mass supply in the future.
the price of this product has reached a new high in the past three years. 13% of the production capacity of large factories in the first quarter may be affected, and a new round of price increase may last for three months
Due to the fermentation of the pollution incident at the joint venture plant of Western Digital and Kaixia in Japan, Western Digital and micron both raised the quotation of NAND flash memory chips. In this round of price increases, the prices of all models of NAND have increased. Among them, the 64GB 8gx8 MLC flash memory contract has the largest increase, which is much higher than the increase of 32GB 4gx8 MLC flash memory contract, and the price has reached a new high in three years.
NAND flash is the second largest segment of memory market, and the industry market pattern is highly concentrated. Its share is divided by six manufacturers: Samsung, armor man, western data, SK Hynix, Intel and micron, with a total market share of more than 95%. On February 10, Kaixia and Western data announced that since late January, some businesses of Japan's Siri factory and Beishang factory have been affected by production line pollution. The contaminated products are mainly 3D NAND (BICS). It is estimated that 6.5exabyte (about 6500m GB) will be affected, of which the damaged part accounts for 13% of the group's production capacity in the first quarter of this year and 3% of the total production capacity of the whole year. Insiders said that in the short term, a new round of price increases has just begun, lasting at least three months.
Among A-share listed companies, Dongxin is a company focusing on the R & D, design and sales of small and medium-sized general-purpose memory chips. It is one of the few companies that can provide complete solutions for memory chips such as NAND, nor and DRAM at the same time Shenzhen Kaifa Technology Co.Ltd(000021) is mainly engaged in the packaging and testing of memory chips, including DRAM, NAND flash and embedded memory chips Toyou Feiji Electronics Co.Ltd(300302) said that the company is the only storage manufacturer in China that has accurately laid out the whole industry chain from master chip, firmware algorithm, SSD hard disk to flash memory storage system.
prices rose to a record high, inventories fell by more than 60%, and new energy vehicles boosted the demand for this resource
Nickel prices rose to a record high. On March 3, LME three-month nickel rose 5.4% to US $27300 / ton, hitting US $27976 during the session, the highest price since April 2011.
Since 2021, China's foreign nickel inventory has been in the trend of continuous destocking. Among them, LME nickel inventory has decreased from 246000 tons in early June 2021 to 83000 tons on February 18, 2022. The destocking has exceeded 163000 tons, a decrease of more than 66%. Tianfeng futures said that the main contradiction of nickel has gradually shifted from structural contradiction to the contradiction of insufficient total amount of nickel elements. In terms of the total amount of nickel, there was an obvious gap in the total amount of nickel in the first quarter, and the marginal supply did not match the marginal demand. The total nickel supply mainly comes from Indonesian ferronickel and overseas pure nickel. Due to the insufficient labor force and slow power progress in Indonesia, Indonesia's production capacity is released slowly. Secondly, the overseas pure nickel is constantly disturbed by the epidemic, strikes and other factors, the production capacity is released slowly, and the global nickel bean production capacity is less. It is expected that the supplement of overseas pure nickel supply is limited in the short term. Guosen futures said that under the verification of the explosive growth of new energy vehicles in the world in 2021, it is expected that the development trend of ternary and high nickel of global power batteries from 2022 to 2030 will be further confirmed, boosting the further growth of nickel demand.
Among the A-share listed companies, Qingdao Zhongzi Zhongcheng Group Co.Ltd(300208) holds about 2014 hectares of Madani nickel mine in Sulawesi province, Indonesia (the company holds 95% equity), and about 1963 hectares of BMU nickel mine (the company holds 80% usufruct of the nickel mine) Chengtun Mining Group Co.Ltd(600711) the Youshan nickel project in Indonesia and the Munari project in Zambia have a total of 40000 tons / year of nickel metal products Metallurgical Corporation Of China Ltd(601618) the estimated retained resources of Papua New Guinea Ruimu nickel cobalt project are 156 million tons.
following the introduction of assisted reproductive health insurance in Beijing, Hunan Medical Insurance Bureau made it clear that it would introduce relevant management measures as soon as possible
Recently, Hunan Medical Insurance Bureau replied on the official platform that the medical insurance department has included qualified fertility support drugs such as bromocriptine, triprelin and clomiphene into the payment scope, which has improved the drug security level of infertile patients. In terms of diagnosis and treatment projects, Hunan Province will introduce relevant management measures as soon as possible. On the basis of scientific calculation and full demonstration, Our province will gradually explore the treatment assisted reproductive technology with mature technology, safety and reliability and controllable cost that can be borne by medical insurance into the payment scope of medical insurance according to procedures.
Not long ago, on February 21, 16 assisted reproductive technology projects in Beijing were included in medical insurance reimbursement Sinolink Securities Co.Ltd(600109) Li Jinglei said that the inclusion of assisted reproductive technology in medical insurance has improved the protection level of infertile patients, and the industry penetration is expected to further improve. At the same time, the patients' demand for improved assisted reproductive technology services is expected to become the growth point of Private assisted reproductive institutions. Ye Yin of Ping An Securities said that the state's recent policies to encourage childbirth have been frequent. In the future, assisted reproduction projects are expected to include medical insurance payment in more regions. Considering the factors of permeability improvement and price increase, it is estimated that China's assisted reproduction market space will exceed 68 billion in 2025, with a broad market space.
Among the listed companies, Jiangsu Aoyang Health Industry Co.Ltd(002172) the medical service business has formed a linkage development model of medicine, health, care and nursing. The subordinate Aoyang hospital is a three-level general hospital, including assisted reproduction business Suzhou Medicalsystem Technology Co.Ltd(603990) wholly owned subsidiary Mary Hospital is a modern private specialized hospital focusing on the treatment of infertility with human assisted reproductive technology.
peak season is coming, and the scope of cement price increase is expanding
China cement market data center shows that driven by demand and other reasons, cement enterprises in many regions have successively issued price increase notices, and the scope of price increase will continue to expand. Among them, since March 2, some major manufacturers in Nantong, Taizhou, Yangzhou, Yancheng, Jiangsu Lianyungang Port Co.Ltd(601008) , Suqian and other places in Jiangsu have notified to increase the cement price by 20-30 yuan / ton, and the high-standard increase is mainly 30 yuan / ton. In addition, Shanghai, Guangdong, Hunan, Sichuan and other regions have also raised the price of cement products by 20-30 yuan.
With the gradual start-up and recovery of the market after the festival, the operating rate of downstream construction sites shows a steady upward trend, especially the market recovery in the south is better than that in the north. It is expected that with the start-up of construction in spring in March, the peak cement season will come soon.
Among the listed companies, Jiangxi Wannianqing Cement Co.Ltd(000789) now has 6 clinker production bases and 7 grinding enterprises, with an annual clinker production capacity of 15 million tons and cement production capacity of 26 million tons. The company currently has several limestone and other mines in Jiangxi Guangdong Tapai Group Co.Ltd(002233) is one of the leading cement enterprises with large scale and strong comprehensive competitiveness in Guangdong Province, with a high share in the cement market in eastern Guangdong.
