Last week, the mechanical equipment index fell 2.15%, the Shanghai and Shenzhen 300 index fell 0.76%, and the gem index fell 4.00%. Machinery and equipment ranked 23rd in the rise and fall of all 28 industries.
This week's view
Semiconductor equipment: Shanghai's 700 billion high-end equipment industry plan was issued and Shanghai Wanye Enterprises Co.Ltd(600641) joined hands with Ningbo Xinen to invest in semiconductor equipment project. On December 20, the 14th five year plan for the development of Shanghai's high-end equipment industry was released. The plan proposes that by 2025, it will initially build a global influential growth pole for high-end equipment innovation and a source of core technology. Focusing on independent control, innovation and upgrading, accelerate the iterative upgrading of microelectronic equipment, strengthen the supporting capacity of local components, and preliminarily build a relatively complete independent supply system of IC core equipment around the demand of 12 inch production line. On December 23, Shanghai Wanye Enterprises Co.Ltd(600641) announced that, The holding subsidiary of Shanghai Wanye Enterprises Co.Ltd(600641) Yangtze River Delta integration demonstration zone (Zhejiang Jiashan) Jiaxin Semiconductor Equipment Technology Co., Ltd. signed a project investment agreement with Xitang Town People's government. The project is collectively referred to as "the annual output of 2450 sets / set of new equipment and 50 sets / set of semiconductor renovation equipment project of Yangtze River Delta integration demonstration zone (Zhejiang Jiashan) Jiaxin Semiconductor Equipment Technology Co., Ltd." With a total investment of 2 billion yuan. Shengmei Shanghai, Advanced Micro-Fabrication Equipment Inc.China(688012) , Naura Technology Group Co.Ltd(002371) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Wuhan Jingce Electronic Group Co.Ltd(300567) , Kingsemi Co.Ltd(688037) , Hangzhou Chang Chuan Technology Co.Ltd(300604) , Shanghai Wanye Enterprises Co.Ltd(600641) , Suzhou Maxwell Technologies Co.Ltd(300751) , and Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Thinkon Semiconductor Jinzhou Corp(688233) , Gl Tech Co.Ltd(300480) are recommended.
Wind power equipment: the wind power installed capacity is expected to increase significantly during the 14th five year plan, and the parts and main engine leaders continue to benefit. On December 20, China Three Gorges Renewables (Group) Co.Ltd(600905) issued an investment decision announcement to invest in the construction of Three Gorges Yangjiang Qingzhou five offshore wind farm project, Three Gorges Yangjiang Qingzhou six offshore wind farm project and Three Gorges Yangjiang Qingzhou seven offshore wind farm project. The planned installed capacity approved by the three projects is 1 million KW, The total installed capacity is 3 million KW (3gw). According to incomplete statistics, there are 17gw in Guangdong, 9.1gw in Jiangsu, about 4.5gw in Zhejiang and 3gw in Guangxi, with a total of more than 33gw. Later, Fujian, a major sea breeze province and Shandong, a major energy province, will also plan and issue plans one after another, and the scale of new sea breeze in the 14th five year plan is expected to be close to 45gw. Since this year, the amount of wind power bidding has been significantly higher than that in the same period last year, according to Xinjiang Goldwind Science And Technology Co.Ltd(002202) , in the first three quarters of 2021, 41.9gw of new bidding volume was added in China's wind power open bidding market, with a year-on-year increase of 115.1%. The wind power industry is in the stage of rapid development. At present, the land wind has achieved parity, the large-scale sea wind continues to reduce costs and parity is imminent, and the leaders in all links will continue to benefit. It is recommended to pay attention to Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , Jiangyin Hengrun Heavy Industries Co.Ltd(603985) , Dajin Heavy Industry Co.Ltd(002487) , Ming Yang Smart Energy Group Limited(601615) , etc.
Photovoltaic equipment: Suzhou Maxwell Technologies Co.Ltd(300751) launched a new steel plate printing technology, made a breakthrough in reducing the cost of silver paste, and the hjt industrialization project continued to accelerate. Recently, Suzhou Maxwell Technologies Co.Ltd(300751) launched an innovative technology on Cecep Solar Energy Co.Ltd(000591) battery screen printing - full opening Cecep Solar Energy Co.Ltd(000591) battery steel plate printing technology, which plays a vital role in reducing silver slurry consumption. Because the grid line printing area is a full opening structure and the printing height is uniform, under the condition of manufacturing batteries with the same efficiency, about 20% silver paste heterojunction can be saved. With its advantages in yield, cost and efficiency, it has attracted great attention from various battery manufacturers. Up to now, the capacity planning of China's hjt project has exceeded 120gw. It is recommended to pay attention to the core equipment manufacturers with leading layout and dominant technology on hjt. Suzhou Maxwell Technologies Co.Ltd(300751) , Shenzhen S.C New Energy Technology Corporation(300724) are recommended.
Lithium battery equipment: the sales volume of new energy vehicles has maintained rapid growth, and honeycomb energy has increased the planned production capacity to 600gwh in 2025, which is good for lithium battery equipment. According to the statistics of China Automobile Association, the whole Shanxi Guoxin Energy Corporation Limited(600617) vehicle sales volume was 450000 units in November 2021, with a year-on-year increase of 121.1% and a penetration rate of 17.84%; From January to November, the cumulative sales volume was 2.99 million, an increase of 166.8%, and the penetration rate reached 12.90%. On December 8, the second battery day press conference of honeycomb energy with the theme of "bee speed · creating the future" was held in Changzhou, Jiangsu Province. At the press conference, honeycomb energy released the leading bee "600" strategy and four support strategies for 2025, and announced that the company's global capacity planning target in 2025 was increased to 600gwh. According to our incomplete statistics, the capacity of mainstream manufacturers in China is expected to exceed 1twh by 2025, including catl's planned capacity of more than 700gwh, Byd Company Limited(002594) planned capacity of more than 180gwh and honeycomb energy's planned capacity of 600gw. Under the accelerated production expansion layout of battery manufacturers, the lithium battery equipment industry will fully benefit. Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Shanghai Sk Automation Technology Co.Ltd(688155) are recommended.
Recommended combination
Key recommended combinations: shengmei Shanghai, Advanced Micro-Fabrication Equipment Inc.China(688012) , Naura Technology Group Co.Ltd(002371) , Shanghai Wanye Enterprises Co.Ltd(600641) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Wuhan Jingce Electronic Group Co.Ltd(300567) , Hangzhou Chang Chuan Technology Co.Ltd(300604) , Kingsemi Co.Ltd(688037) ; Wuxi Lead Intelligent Equipment Co.Ltd(300450) 、 Zhejiang Hangke Technology Incorporated Company(688006) 、 Shanghai Sk Automation Technology Co.Ltd(688155) ； Suzhou Maxwell Technologies Co.Ltd(300751) 、 Shenzhen S.C New Energy Technology Corporation(300724) ； Kunshan Dongwei Technology Co.Ltd(688700) ； Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) 、 Sany Heavy Industry Co.Ltd(600031) 、 Jiangsu Hengli Hydraulic Co.Ltd(601100) ；
It is suggested to focus on the following subjects: Zhejiang Dingli Machinery Co.Ltd(603338) , Shaanxi Construction Machinery Co.Ltd(600984) , Guangxi Liugong Machinery Co.Ltd(000528) , Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , Jiangyin Hengrun Heavy Industries Co.Ltd(603985) , Dajin Heavy Industry Co.Ltd(002487) , Ming Yang Smart Energy Group Limited(601615)
Risk statement
Risk warning: the impact of epidemic situation exceeds expectations; Infrastructure and real estate investment is less than expected; Manufacturing investment is less than expected; Policies fail to meet expectations; The localization process of semiconductor equipment has slowed down and price competition has intensified.
