The Ministry of housing and urban rural development has made clear the objectives related to building energy conservation, and green building materials are expected to benefit. On March 11, the Ministry of housing and urban rural development issued the “14th five year plan” for building energy conservation and green building development, which proposed that by 2025, new urban buildings will be fully built into green buildings, the energy-saving transformation area of existing buildings will be more than 350 million square meters, the construction of ultra-low energy consumption and near zero energy consumption will be more than 50 million square meters, and the proportion of prefabricated buildings in urban buildings in that year will reach 30%, The installed capacity of Cecep Solar Energy Co.Ltd(000591) photovoltaic in new buildings nationwide is more than 50 million KW. In order to achieve the above objectives and promote the popularization and application of green building materials, it is imperative to increase the R & D investment in green building materials products and key technologies, promote high-performance concrete, high-performance masonry materials, structural insulation integrated wallboard, etc. at the same time, it is required to speed up the certification of green building materials products, establish and improve the acceptance mechanism of green building materials. Under the background of double carbon policy, Enterprises that carry out the business layout of green building materials related products in advance are expected to benefit more.
The resumption of work after the festival is gradually opened, and attention is paid to the low value and high-quality leaders. At the beginning of the new year, the market’s worries about the future economic downturn spread, the outbreak of the conflict between Russia and Ukraine brought more uncertain factors to the market, the market panic has not been eliminated, and the major indexes are in weak operation. In the same period, the central bank and the national development and Reform Commission have continuously introduced relevant measures to accelerate the “steady growth” force, and the two sessions have once again defined the goal of “steady growth”. At present, the industry has entered the stage of downstream demand recovery, and under the background of the continuous strengthening of “steady growth”, the traditional economic momentum is expected to play a supporting role. It is suggested to pay attention to relevant varieties dominated by infrastructure and real estate demand and with high safety margin of valuation, and grasp the window opportunity of cement and glass in the short term; The tracking and investment suggestions of each sub industry at the current time point are as follows:
Cement: with the improvement of the weather, the cement market demand shows a slow upward trend. Among them, the demand in the southern region has basically recovered to 70-80%, while the northern region is only 2-40% affected by low air temperature and repeated epidemic. On the whole, with the gradual recovery of demand and driven by rising costs, cement prices in many places show an upward trend. As of March 11, the national p.o42 5. The average price of high-standard cement was 515.2 yuan / ton, up 0.53% month on month, and the storage capacity ratio was 60.63%, down 3.4 percentage points month on month. In the short term, in the short term, the recovery of downstream demand is expected to accelerate gradually, and cement prices are expected to keep a steady rebound. It’s recommended to focus on the implementation of downstream infrastructure projects in the context of “steady growth” in the short term. In the short term, the recovery of downstream demand recovery is expected to accelerate gradually, and cement prices are expected to keep a steady recovery. It’s recommended to focus actively on the landing of downstream infrastructure projects in the context of “steady growth” in the context of “steady growth” in the short term. It’s suggested to focus on the implementation of downstream infrastructure construction projects in the context of “steady growth” in the short term. It’s recommended to recommend Anhui Conch Cement Company Limited(600585) Anhui Conch Cement Company Limited(600585) \ , Ningxia Building Materials Group Co.Ltd(600449) ;
Glass: the market demand is gradually recovering, and the processing plants in the downstream regions are gradually recovering their orders, but they have not yet returned to the normal operation state. The overall situation in South China is slightly better than that in other regions. Public health events affect the construction site construction in some regions, and the shipment has improved after the price in the northern region is further reduced. According to Zhuo Chuang information, the average price of float glass in China’s mainstream market this week was 2384.2/ton, down 1.81% month on month. The inventory of production enterprises in key provinces was 39.98 million heavy containers, an increase of 2.81 million heavy containers month on month. In the short term, it is suggested to pay attention to the order receiving and social inventory digestion of downstream processing plants; The medium and long-term technological upgrading of the glass industry is still the focus. It is recommended that Zhuzhou Kibing Group Co.Ltd(601636) , Csg Holding Co.Ltd(000012) .
Other building materials: ① glass fiber industry: this week, the price mainstream of roving market maintains stable operation, the quotation of individual winding yarn factories rises slightly, the price of composite yarn is loose, the price of electronic yarn market is still weak in the near future, and the short-term price may stabilize after adjustment; In the medium and long term, the glass fiber industry is expected to enter a new stage of high-quality and orderly expansion of production capacity, driven by the demand side, the supply and demand pattern is expected to continue to be optimized, the competitive advantage of leading enterprises is expected to be further consolidated in the future, and the current price can continue to be long. It is recommended that China Jushi Co.Ltd(600176) , Sinoma Science & Technology Co.Ltd(002080) ; ② Other building materials: the resilience of real estate investment remains, and the market share of leading enterprises in various sub industries has increased steadily. It is recommended to hold the bargain hunting layout for a long time. It is recommended to Ocean’S King Lighting Science & Technology Co.Ltd(002724) , Jiangxi Geto New Materials Corporation Limited(300986) , Guangdong Kinlong Hardware Products Co.Ltd(002791) , Keshun Waterproof Technologies Co.Ltd(300737) , Dehua Tb New Decoration Material Co.Ltd(002043) .
Risk warning: the landing of the project is lower than expected; Supply increased more than expected; Higher than expected cost increase
