Lithium devices, semiconductor devices, panel devices, panel devices, photovoltaic devices, panel devices, panel devices, panel devices, photovoltaic devices, and tools, among which to highlight lithium devices, semiconductor devices, panel devices, photovoltaic devices, and knives: the Wuxi Lead Intelligent Equipment Co.Ltd(300450) devices, devices, and so on: Wuxi Lead Intelligent Equipment Co.Ltd(300450) ), Guangdong Lyric Robot Automation Co.Ltd(688499) ( Guangdong Lyric Robot Automation Co.Ltd(688499) ), China National Electric Apparatus Research Institute Co.Ltd(688128) ( China National Electric Apparatus Research Institute Co.Ltd(688128) ), Shenzhen Xinyichang Technology Co.Ltd(688383) ( Shenzhen Xinyichang Technology Co.Ltd(688383) ) \ ( Shareate Tools Ltd(688257) ), Shuangliang Eco-Energy Systems Co.Ltd(600481) ( Shuangliang Eco-Energy Systems Co.Ltd(600481) ), etc.
Key industry trends: the production and sales data of new energy vehicles improved in February, and Shuangliang Eco-Energy Systems Co.Ltd(600481) laid out high-efficiency photovoltaic modules. 1) On March 11, China Automobile Industry Association released the automobile production and sales data in February. According to the data, the sales volume of new energy vehicles in February was 334000, a year-on-year increase of 184.3%. Among them, the sales volume of new energy commercial vehicles in February was 13000, with a year-on-year increase of 251.3% and a month on month decrease of 22.6%. In February, China Shipbuilding Industry Group Power Co.Ltd(600482) battery loading volume was 13.7gwh, up 145.1% year-on-year. We believe that the sales volume of new energy vehicles is expected to exceed 6 million in 2022, with a penetration rate of more than 20%. 2) Shuangliang Eco-Energy Systems Co.Ltd(600481) recently announced that it plans to invest in the establishment of Shuangliang Xinneng Technology (Baotou) Co., Ltd. (tentative name) as the investment and operation subject of the annual 20GW high-efficiency photovoltaic module project (implemented by stages), and carry out the investment, construction and production of large-scale module projects in Baotou Area. The company is expected to further extend and improve its strategic layout in the photovoltaic industry chain.
Key recommendation: Suzhou Uigreen Micro&Nano Technologies Co.Ltd(688661) – firmly optimistic about the development of probe business, and the layout of the bottom position is strongly recommended. 1) The company plans to raise funds through fixed increase to expand wafer test probe and substrate level probe projects. According to the prediction of VLSI research, the global probe market will reach US $2.741 billion in 2025, and the probe market in China will reach RMB 3.283 billion. MEMS wafer test probes have accounted for about 60% of the probe market. The vast majority of the global wafer probe card market is occupied by foreign enterprises, with large import substitution space. 2) MEMS business continues to grow, with fine metal processing capacity and strong expansibility. The company has established a competitive advantage in the field of acoustic MEMS. In 2021h1, the revenue of MEMS fine parts of the company increased by about 34.9% year-on-year, and is expected to continue to grow in the future; In the long run, the company’s fine metal processing capacity can be expanded. According to the company’s announcement, it is expected to expand to the medical field, industrial connectors, new energy vehicles and other fields in the future, with long-term growth space.
Investment suggestions: 1) lithium battery detection has become a new growth point of machine vision, focusing on the whole industry layout enterprise Opt Machine Vision Tech Co.Ltd(688686) . 2) The downstream space of lithium battery equipment is large, and the equipment company has strong certainty. It is recommended to Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Zhejiang Hangke Technology Incorporated Company(688006) , China National Electric Apparatus Research Institute Co.Ltd(688128) , Shenzhen United Winners Laser Co.Ltd(688518) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) . 3) Focus on high-quality panel equipment enterprises Suzhou Hyc Technology Co.Ltd(688001) , Shenzhen Xinyichang Technology Co.Ltd(688383) . 4) Recommended laser cutting control system faucet Shanghai Friendess Electronic Technology Corporation Limited(688188) . 5) Pay attention to photovoltaic equipment companies and recommend Wuxi Autowell Technology Co.Ltd(688516) , Suzhou Maxwell Technologies Co.Ltd(300751) , Wuhan Dr Laser Technology Corp.Ltd(300776) . 6) Focus on high-quality tool enterprises China Tungsten And Hightech Materials Co.Ltd(000657) , Oke Precision Cutting Tools Co.Ltd(688308) , Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) , Shareate Tools Ltd(688257) ; 7) Other concerns: Hunan Baili Engineering Sci & Tech Co.Ltd(603959) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Leader Harmonious Drive Systems Co.Ltd(688017) , Zhejiang Supcon Technology Co.Ltd(688777) , Shuangliang Eco-Energy Systems Co.Ltd(600481) , etc. (Note: Shanghai Friendess Electronic Technology Corporation Limited(688188) , Zhejiang Supcon Technology Co.Ltd(688777) , Wuxi Autowell Technology Co.Ltd(688516) are jointly covered by Huaxi machinery, small and medium-sized disk, computer and power new teams respectively).
Risk tip: the fluctuation of economic growth increases; The order acquisition of relevant enterprises is less than expected.
