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the concepts of wind power and photovoltaic have been strongly raised Sichuan Xichang Electric Power Co.Ltd(600505) and other limits. SASAC proposed to accelerate the development of non fossil energy
On the 31st, the wind power and photovoltaic concepts rose strongly. As of press time, in terms of photovoltaic concepts, Sichuan Xichang Electric Power Co.Ltd(600505) , Chengdu Xinzhu Road&Bridge Machinery Co.Ltd(002480) , Flat Glass Group Co.Ltd(601865) , Center International Group Co.Ltd(603098) and other daily limits; In terms of wind power concept, Beijing Zhong Ke San Huan High-Tech Co.Ltd(000970) , Gd Power Development Co.Ltd(600795) limit, and Suzhou Thvow Technology Co.Ltd(002564) , Fujian Funeng Co.Ltd(600483) rise higher.
In terms of news, recently, SASAC triggered the guidance on promoting the high-quality development of central enterprises and doing a good job in carbon peak and carbon neutralization, which proposed that by 2025, significant progress will be made in the adjustment and optimization of the industrial structure and energy structure of central enterprises, the energy utilization efficiency of key industries will be greatly improved, and the construction of new power systems will be accelerated, Positive progress has been made in the R & D, promotion and application of green and low-carbon technologies; The comprehensive energy consumption of 10000 yuan output value of central enterprises is 15% lower than that in 2020, the carbon dioxide emission of 10000 yuan output value is 18% lower than that in 2020, the installed capacity of renewable energy power generation is more than 50%, and the revenue of strategic emerging industries is no less than 30%, laying a solid foundation for achieving carbon peak.
By 2030, remarkable achievements will be made in the comprehensive green and low-carbon transformation of central enterprises, significant progress will be made in the adjustment of industrial structure and energy structure, the energy utilization efficiency of enterprises in key industries is close to the advanced level of world-class enterprises, major breakthroughs will be made in green and low-carbon technology, the scale and proportion of green and low-carbon industries will be significantly increased, and the comprehensive energy consumption of 10000 yuan output value of central enterprises will be greatly reduced, The carbon dioxide emission of 10000 yuan output value decreased by more than 65% compared with that in 2005. The carbon dioxide emission of central enterprises reached the peak and decreased steadily. Qualified central enterprises strive to take the lead in reaching the peak.
By 2060, the industrial system of green and low-carbon circular development of central enterprises and the clean, low-carbon, safe and efficient energy system will be fully established, the energy utilization efficiency will reach the advanced level of world-class enterprises, form the core competitive advantage of green and low-carbon, and make a positive contribution to the smooth realization of the goal of carbon neutralization.
Some institutions pointed out that photovoltaic has entered the era of comprehensive and affordable development. Under the background of carbon neutrality, new models and technologies have emerged in the industry and made breakthroughs. Looking forward to 2022, it is suggested to pay attention to the links of long-term growth and the layout opportunities of leaders, mainly in three aspects: (1) in the short term, we are optimistic about post cycle opportunities such as distributed large market and power market-oriented reform, especially roof distribution and energy storage. Natural PV is suitable for distribution. At present, the supporting policies for BIPV and wind energy storage have been issued, the first batch of list for the promotion of the whole county has been implemented, and the performance of relevant enterprises will be released in the follow-up; (2) In the medium term, we are optimistic about the incremental opportunities brought by technological progress. Technological innovation promotes the decline of industry costs, further opens the industry space and optimizes the competition pattern. There is room for technological breakthrough in granular silicon, hjt, large-size components and low-temperature silver slurry; (3) Long term optimistic about the core growth link. First, terminal brands, components with strong channel capacity, inverters and other links are expected to further improve the concentration in the future; The second is the silicon material, adhesive film and other links with high barriers. The supply and demand will be tight for a long time in the future.
Heavy Support Policies occur frequently, and the traditional Chinese medicine sector is active again Beijing Tongrentang Co.Ltd(600085) , China Resources Sanjiu Medical & Pharmaceutical Co.Ltd(000999) and other daily limits
Boosted by the favorable policies, the traditional Chinese medicine sector broke out again on the 31st. As of press time, Jinghua Pharmaceutical Group Co.Ltd(002349) , Kunming Longjin Pharmaceutical Co.Ltd(002750) , Guiyang Xintian Pharmaceutical Co.Ltd(002873) , Beijing Tongrentang Co.Ltd(600085) , China Resources Sanjiu Medical & Pharmaceutical Co.Ltd(000999) , Lanzhou Foci Pharmaceutical Co.Ltd(002644) and Zhejiang Jolly Pharmaceutical Co.Ltd(300181) , Jichuan pharmaceutical, Renhe pharmaceutical and so on rose higher.
In terms of news, on December 30, the State Food and Drug Administration and other eight departments jointly issued the national drug safety and promotion of high-quality development plan in the 14th five year plan. The plan defines the main development objectives of drug safety and promoting high-quality development during China’s 14th Five Year Plan period, and formulates 10 main tasks, namely, implementing the supervision of the whole process of drug safety, supporting industrial upgrading and development, improving the drug safety management system, continuously deepening the reform of review and approval system, strict vaccine supervision, promoting the inheritance, innovation and development of traditional Chinese medicine Strengthen the construction of technical support capacity, professional talent team, intelligent supervision system and capacity, and emergency system and capacity.
The plan proposes that at the end of the 14th Five Year Plan period, new steps will be taken in the inheritance, innovation and development of traditional Chinese medicine, a preliminary evaluation evidence system combining traditional Chinese medicine theory, human experience and clinical trials will be established, and gradually explore and establish safety evaluation methods and standard system in line with the characteristics of traditional Chinese medicine, so as to improve the modern supervision system of traditional Chinese medicine.
Sinolink Securities Co.Ltd(600109) pointed out that in recent years, the state has successively issued relevant policies for the development of traditional Chinese medicine industry, incorporated traditional Chinese medicine into the national development plan, laid a solid foundation for the traditional Chinese medicine market, and further promoted the optimization of the traditional Chinese medicine market in terms of talent training, innovation and R & D, safety supervision and so on. Relevant policies have continuously promoted the coordinated development of Chinese and Western medicine, creating a better growth environment for the traditional Chinese medicine industry. Chinese patent medicine and other products are included in the scope of centralized purchase, which is expected to promote the admission of traditional Chinese medicine into the hospital and broaden the large-scale channels. In addition, the traditional Chinese medicine industry is highly dependent on upstream traditional Chinese medicine raw materials. With the stricter supervision of traditional Chinese medicine and the rise of its price, it will increase the cost pressure of traditional Chinese medicine enterprises. Due to its obvious advantages in the OTC category, the main sales channels of traditional Chinese medicine are concentrated in the retail end and self-supporting rather than, and only a few are included in the centralized purchase list. Driven by the market demand and the attention of pharmacies, traditional Chinese medicine has high price maintenance ability.
At the same time, with the aggravation of population aging, the number of patients with chronic diseases continues to expand, and the rigid demand for traditional Chinese medicine continues to grow. At the same time, residents’ consumption structure has been upgraded, their disposable income has been improved, their awareness of health management affected by the epidemic has been greatly improved, and residents’ demand for disease prevention and treatment has increased. Traditional Chinese medicine plays an important role in the fight against covid-19 epidemic. At the same time, the regulatory norms of traditional Chinese medicine industry are constantly strengthened, and there is a broad space for innovative development and consumption upgrading of traditional Chinese medicine.
The agency said it was optimistic about the follow-up market expansion of traditional Chinese medicine and the continuous growth of relevant enterprises, focusing on brand traditional Chinese medicine, partial consumption and great health. Key companies: Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) , Yunnan Baiyao Group Co.Ltd(000538) , Dong-E-E-Jiao Co.Ltd(000423) , Jianmin Pharmaceutical Group Co.Ltd(600976) , Beijing Tongrentang Co.Ltd(600085) , etc.
the concept of lithium ore strengthened again Tibet Mineral Development Co.Ltd(000762) the price of lithium carbonate rose by 30% in the month
Lithium ore concept strengthened again on the 31st. As of press time, Tibet Mineral Development Co.Ltd(000762) limit, Shenzhen Sunrise New Energy Co.Ltd(002256) , Tibet Urban Development And Investment Co.Ltd(600773) , Sinomine Resource Group Co.Ltd(002738) etc. all rose. In terms of news, it is reported that since this year, the new energy vehicle market has ushered in explosive growth. As the main raw material of new energy vehicle power battery, the price of battery grade lithium carbonate has staged a “three-level jump” in one year, with an increase of 30% in this month alone.
China Central Television financial reports that lithium carbonate has ushered in three waves of rise this year. In the first three months of the year, battery grade lithium carbonate increased from 50000 yuan / ton to 86000 yuan / ton. After four months of consolidation, the second round of rise was started in August of the second half of the year, from 86000 yuan / ton to 180000 yuan / ton. In December, from the breakthrough of 200000 yuan / ton at the beginning of the month to over 270000 yuan / ton at present, the quotation has been close to 300000 yuan / ton, with an increase of more than 30% in the month and more than 400% year-on-year. The price has set a new record.
CICC believes that even though many new projects will be put into operation successively from 2022 to 2023, the overall lithium supply and demand is still tight. The reason is that lithium resources projects generally need a capacity climbing cycle of half a year to two years according to different resource types and process paths, and the effective contribution of new projects is relatively limited; Considering the complexity of lithium resource development, the long-term new supply progress is also easy to be lower than the current market expectation, so the duration of supply and demand shortage may still exceed the current market expectation.
The agency pointed out that the overall valuation of the lithium industry target is low, and the investment in the lithium sector in 2022 focuses on “sustainable growth capacity”. After preliminary adjustment, assuming that the average price of electricity and carbon in 2022-2023 is 200000 yuan / ton, the average PE of the corresponding lithium plate in 2022-2023 is 30x and 22x respectively, which is significantly lower than the high growth track with lithium demand of 38% CAGR in 2021-2025. Considering that the lithium price has been at a high position and the sensitivity of the sector valuation to price rise has decreased, the excess return of the lithium sector in 2022 will come from the digestion of the company’s short-term valuation by sustainable growth ability and the improvement of long-term valuation. Companies with sustainable growth capacity need to meet three conditions: first, governance mechanism and entrepreneurship, second, internalized industrial capacity, and third, strong investment and financing capacity.
the concept of digital currency is rising! Newcapec Electronics Co.Ltd(300248) “20cm” limit Feitian Technologies Co.Ltd(300386) and other higher
The concept of digital currency rose on the 31st. As of press time, Newcapec Electronics Co.Ltd(300248) “20cm” limit, Yusys Technologies Co.Ltd(300674) , Chase Science Co.Ltd(300941) , Beijing Watertek Information Technology Co.Ltd(300324) , Shenzhen Forms Syntron Information Co.Ltd(300468) and so on all strengthened.
Recently, the regulatory authorities have issued the prohibition of personal collection codes from being used for business services and the prohibition of personal static collection barcodes from being used for remote non face-to-face collection from March 1, 2022. Guotai Junan Securities Co.Ltd(601211) Securities pointed out that these are micro payment scenarios. Strengthening supervision is conducive to anti money laundering, anti tax evasion, etc., and indirectly lays the conditions for the promotion of digital RMB, because a large scenario of digital RMB is micro payment, which itself has traceable and traceable sources, and will greatly accelerate the promotion of digital currency in the future.
In addition, with the Winter Olympics approaching, digital currency may be further catalyzed. The pilot of digital RMB Winter Olympics scenario will focus on the areas within the Winter Olympics security red line, with the main goal of ensuring and facilitating the payment choices of consumers at home and abroad. In addition to mobile app wallet, foreign consumers can also use digital RMB hardware wallet. This large-scale pilot is expected to become an opportunity to comprehensively promote digital RMB.
In terms of the promotion and construction process of digital currency, it is divided into system construction, software and hardware wallet, payment, bill collection and other links, involving many players, including traditional ATM manufacturers and bank IT manufacturers. The agency believes that head players with overall solutions and closer banking services have a better chance to get more shares.
Guotai Junan Securities Co.Ltd(601211) Securities pointed out that with the introduction of policies and the approaching of the Winter Olympic Games, it is optimistic about the development of the digital currency market, and the subdivided leading companies involved in each digital currency industry chain also have broad prospects. Recommended A-share targets: Yusys Technologies Co.Ltd(300674) , Tansun Technology Co.Ltd(300872) .
annual report transcripts have been released one after another, and the net profit of 20 companies has increased by more than 100%
As the new year approaches, more and more listed companies disclose annual performance forecasts for 2021. According to the statistics of securities times · databao, as of December 30, a total of 117 A-share listed companies have announced the performance forecast of 2021. According to the type of performance forecast, the net profit of 40 companies increased in advance, 12 companies continued to make profits, and 41 companies increased slightly. Among the performance prediction companies, according to the median increase of expected net profit, a total of 20 companies have a net profit increase of more than 100%; There are 15 companies whose net profit increases between 50% and 100%.
In terms of specific stocks, Dongxin shares is expected to have the highest increase in net profit. The company expects the median increase in net profit for the whole year to be 1090.29%; Naipu Mining Machinery Co.Ltd(300818) , Eternal Asia Supply Chain Management Ltd(002183) it is estimated that the median year-on-year growth of net profit in 2021 will be 343.1% and 329.36% respectively, ranking the second and third.
Statistics show that the performance is expected to double. Stocks have risen by an average of 26.31% this year, outperforming the Shanghai index. In terms of individual stocks, the biggest increase since this year is Yanan Bicon Pharmaceutical Listed Company(002411) , with a cumulative increase of 138.85%; Cnnc Hua Yuan Titanium Dioxide Co.Ltd(002145) and Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) have increased by 124.83% and 94.31% respectively this year, followed by. Among the stocks whose share prices fell, torch core technology-u fell the most, with a cumulative decline of 27.22%, and Puya Semiconductor (Shanghai) Co.Ltd(688766) , DEA shares, etc., with a cumulative decline of more than 20%.
Analysts pointed out that the stock prices of individual stocks that have disclosed the performance forecast may have been fully reflected. The high pre growth potential stocks in the annual report are more likely to obtain excess returns, which is relatively more worthy of attention.
Comprehensive ranking of multi-dimensional indicators such as comprehensive agency rating and agency prediction. The statistical standards include but are not limited to the following aspects: first, the number of rating agencies is more than 10; Second, the third quarterly report of this year has a year-on-year growth of more than 100%, and the institutions unanimously predict that the growth rate of net profit this year will exceed 100%; Third, the rolling P / E ratio is less than 50 times, and the decline has exceeded 20% since the peak of the year.
in 2025, the installed proportion of renewable energy power generation will reach more than 50%. Wind power generation has broad medium and long-term development space (attached shares)
The SASAC website of the State Council released the guidance on promoting the high-quality development of central enterprises and doing a good job in carbon peak and carbon neutralization on December 30. The first target node in the guidance is the end of the 14th five year plan. By 2025, the comprehensive energy consumption of 10000 yuan output value of central enterprises will be 15% lower than that in 2020, the carbon dioxide emission of 10000 yuan output value will be 18% lower than that in 2020, the installed proportion of renewable energy power generation will reach more than 50%, and the revenue proportion of strategic emerging industries will not be less than 30%. By 2030, the energy efficiency of enterprises in key industries of central enterprises will be close to the advanced level of world-class enterprises, major breakthroughs will be made in green and low-carbon technology, and the carbon dioxide emission of 10000 yuan output value will be more than 65% lower than that in 2005.
Boc International (China) Co.Ltd(601696) believes that the new demand potential of new energy power generation is abundant, and the supply determines the release rhythm: under the background of “carbon neutralization”, photovoltaic and wind power, as the main varieties of clean energy power generation, have broad medium and long-term development space. Looking back on 2021, photovoltaic demand failed to be fully realized due to capacity shortage in some links of the manufacturing industry, and the main line of the game between the manufacturing industry and the demand side runs through the whole year; Due to the rapid decline in the price of wind turbines, the wind power industry quickly regained its prosperity expectation after the peak of rush loading demand in 2020.
In terms of photovoltaic, the game of supply and demand in the industrial chain is coming to an end, but there is still the possibility of phased supply shortage. After the short board of supply in some subsequent links is improved, the terminal demand is expected to be fully released. The asset light subdivision direction is preferred to meet the challenges of the production capacity cycle, and the localization of hjt equipment and battery industrialization are promoted rapidly. In terms of wind power, the falling price of wind turbines significantly stimulates potential demand. The inflection point of China’s onshore wind power installation boom is ahead of schedule, and the demand for offshore wind power may be accelerated. The price competition of wind turbines is expected to ease, and the loose price of bulk raw materials is expected to thicken the profits of the midstream manufacturing industry. Longi Green Energy Technology Co.Ltd(601012) , Suzhou Maxwell Technologies Co.Ltd(300751) , Ja Solar Technology Co.Ltd(002459) , Trina Solar Co.Ltd(688599) , Sungrow Power Supply Co.Ltd(300274) , Ginlong Technologies Co.Ltd(300763) , Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) , Hangzhou First Applied Material Co.Ltd(603806) , Zhejiang Chint Electrics Co.Ltd(601877) , Jiangsu Linyang Energy Co.Ltd(601222) , Jiangsu Eastern Shenghong Co.Ltd(000301) , Tongwei Co.Ltd(600438) , Riyue Heavy Industry Co.Ltd(603218) , Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , Titan Wind Energy (Suzhou) Co.Ltd(002531) are recommended. It is recommended to pay attention to Levima Advanced Materials Corporation(003022) , Jinko Power Technology Co.Ltd(601778) , Zhejiang Sunoren Solar Technology Co.Ltd(603105) , Jiangsu Pacific Quartz Co.Ltd(603688) , Shanghai Hiuv New Materials Co.Ltd(688680) , Yangling Metron New Material Co.Ltd(300861) , Jiangyin Hengrun Heavy Industries Co.Ltd(603985) , Ming Yang Smart Energy Group Limited(601615) , {603606.
