Key targets: recommended Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) ; For the attention of the ”s 6 Transfar Zhilian Co.Ltd(002010) , Shenzhen Dynanonic Co.Ltd(300769) .
Investment perspective:
1. The nickel price fluctuated significantly, and the growth rate of PHEV exceeded Bev. This week, the nickel price of LME period changed, and the nickel price rose rapidly. The price of Lun nickel rose from 20000 US dollars / ton to 50000 US dollars / ton. The raw material cost of nickel for 8-series new energy vehicles charged with 60kwh per vehicle increased by about 8100 yuan. At the same time, according to the data of China Automobile Association, the year-on-year growth rate of PHEV sales in February was as high as 334.3%, exceeding 179.5% of BEV. The models represented by Byd Company Limited(002594) dmi and ideal one are its core increment. In the context of high raw material prices and sharp fluctuations in nickel prices, we are optimistic about the opportunities brought by Byd Company Limited(002594) dmi large-scale production with lower charged capacity in the price range of 1 China Vanke Co.Ltd(000002) 00000. Attention: Shanghai Zijiang Enterprise Group Co.Ltd(600210) .
2. Lithium battery enterprises have made positive progress in favorable price, and the rhythm of upstream and downstream favorable price deserves attention. In the current environment, battery companies are making positive progress towards downstream favorable prices. However, the price of raw materials rises rapidly and is mostly adjusted monthly. The pricing mode and voice of battery companies to downstream will directly affect the timeliness of price transmission. We believe that leading companies can better absorb the pressure of upstream price rise in combination with low-cost long order inventory, technological progress and scale effect. At the same time, the advantageous bargaining power to the downstream will timely transmit the pressure of raw material price rise. Leading enterprises also smoothed price fluctuations through industrial chain layout and inventory, and further highlighted supply chain control and cost advantages. Recommended: Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) . From the perspective of supply and demand of the industrial chain, the supply of negative pole graphitization, diaphragm, copper foil and iron phosphate in the middle reaches of lithium battery in 2022 is relatively tight, and the lithium battery industry chain maintains a high momentum. Attention: beiteri, Shanghai Putailai New Energy Technology Co.Ltd(603659) , Ningbo Shanshan Co.Ltd(600884) , Guangdong Jiayuan Technology Co.Ltd(688388) , Yunnan Energy New Material Co.Ltd(002812) , Shenzhen Senior Technology Material Co.Ltd(300568) .
3. Under the background of continuous high price of lithium ore, the economy of lithium battery recovery is prominent. Lithium battery recycling helps to make up for the supply gap of upstream resources, especially lithium resources. Lithium battery recycling has broad market space and development prospects. Attention: Bangpu cycle ( Contemporary Amperex Technology Co.Limited(300750) ), Miracle Automation Engineering Co.Ltd(002009) , Guangdong Fangyuan Environment Co.Ltd(688148) , Guangdong Guanghua Sci-Tech Co.Ltd(002741) , Cngr Advanced Material Co.Ltd(300919) , Gem Co.Ltd(002340) , Wangneng Environment Co.Ltd(002034) , Zhefu Holding Group Co.Ltd(002266) , etc.
4. In 2021, since the second half of 2021, the second half of 2021, the second half of 2021, the second half of 2021 has seen soft packs of battery blades, 4680 big cylinders + CTC, the industrialization of new technologies such as composite fluid collection technology (PET copper and aluminum foil), silicon carbon anode and other new technologies such as 4680 big cylinders + CTC, 4680 big cylinders + CTC, 4680 big cylinders + CTC, composite collection technology (PET copper foil), and silicon carbon anode accelerate, focus attention on the improvement of new technologies to the subdivision pattern, recommend Contemporary Amperex Technology Co.Limited(300750) \ .
Risk warning: the production and sales of new energy vehicles are less than expected; Risks of changes in industrial policies and subsidies; The production expansion of overseas automobile enterprises is less than expected, the competition is intensified, and the profitability is declining; Technical route changes.
