Last week’s stock market
Power equipment and new energy sector: it rose 3.40% last week, ranking seventh in terms of rise and fall, stronger than the market. In terms of sub sectors, the lithium battery index rose the most last week and the wind power index rose the least.
New energy vehicles: the new forces of car making have delivered satisfactory answers, and the production in the middle reaches of Q1 in 22 years is strong
In 2021, the new forces of car building performed well. Xiaopeng automobile sold 16000 units in December and 98000 units in the whole year, an increase of 2.6 times over 20 years; Weilai enriched the product matrix, released new models et7 and et5 in 21 years, and achieved annual sales of 91000 units; It is expected that 14000 units will be delivered in December, reaching a new high, and the annual cumulative sales volume is 90000 units; Nezha and Zero run performed well, achieving cumulative sales of 70000 and 43000 units respectively in 21 years. The sales volume of new energy vehicles in 21 years is expected to be 3.5 million, the sales volume in 22 years is expected to exceed 5 million, and the production in the middle reaches of Q1 in 22 years is strong.
New energy power generation: the trough period has passed, and photovoltaic is booming
Recently, the state owned assets supervision and Administration Commission of the State Council issued the guiding opinions on promoting the high-quality development of central enterprises and doing a good job in carbon peak and carbon neutralization, which proposed to comprehensively promote the large-scale development of wind power and Cecep Solar Energy Co.Ltd(000591) power generation; By 2025, the installed proportion of renewable energy power generation by central enterprises will reach more than 50%. For the photovoltaic sector, it is expected that after about a month of supply chain price adjustment + silicon material accumulation during the Spring Festival, the price will further promote the downward trend. After the Spring Festival, it is expected to see a rapid rise in installed demand, driving the arrival of high-profile fundamentals.
Industrial control and power equipment: structural opportunities brought by new power systems
The distribution network side is an important link of power grid investment in the 14th five year plan. With the implementation of carbon peak and carbon neutralization goals, the installed capacity of renewable energy power generation continues to grow. With the large proportion of new energy access, the demand for power grid investment and construction will remain high. In addition, with the continuous strengthening of the backbone grid, microgrid and distributed energy system relying on distributed new energy power generation, integrated energy management optimization also have great development potential. During the “14th five year plan” period, the power grid investment is expected to remain high, with emphasis on the distribution network side.
This week’s view
Kbc Corporation Ltd(688598) : recommended, high increase in thermal field shipment, forward-looking layout, hydrogen energy application
Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) : recommended, with high revenue growth and outstanding performance of leading indicators
Farasis Energy (Gan Zhou) Co.Ltd(688567) : recommendation, revenue performance inflection point is approaching, continuous recommendation
Beijing Easpring Material Technology Co.Ltd(300073) : recommend, join hands with SK, Sanyuan leader to develop global business
Shanghai Holystar Information Technology Co.Ltd(688330) : recommended, the trend of intelligent distribution network is clear, and the company’s market development continues to advance
Risk tips:
The global epidemic lasted longer than expected, the policy did not meet expectations, and the price fell more than expected due to the intensification of industry competition.
