Index
On March 15, 2022, the Shanghai Composite Index closed at 306397 points, down - 4.95%; Shenzhen composite index closed at 1153724 points, down - 4.36%; Photovoltaic index closed at 431102 points, down - 4.68%. The wind power index closed at 262583 points, down - 6.31%. Among them, the top three companies in the photovoltaic industry are: Ginlong Technologies Co.Ltd(300763) ( Ginlong Technologies Co.Ltd(300763) , 3.91%), Tangshan Sunfar Silicon Industry Co.Ltd(603938) ( Tangshan Sunfar Silicon Industry Co.Ltd(603938) , 1.17%), Sungrow Power Supply Co.Ltd(300274) ( Sungrow Power Supply Co.Ltd(300274) , 0.94%). The top three companies in the wind power industry are: Sungrow Power Supply Co.Ltd(300274) ( Sungrow Power Supply Co.Ltd(300274) , 0.94%), Dajin Heavy Industry Co.Ltd(002487) ( Dajin Heavy Industry Co.Ltd(002487) , - 3.39%), Jiangsu Sinojit Wind Energy Technology Co.Ltd(601218) ( Jiangsu Sinojit Wind Energy Technology Co.Ltd(601218) , - 3.76%).
Comments
On March 15, Henan development and Reform Commission issued the notice on printing and distributing the ten measures for expanding effective investment in Henan Province. It is pointed out that the construction of important energy facilities should be accelerated. Focus on the construction of clean energy export channels such as power and natural gas, and accelerate the construction of efficient, connected and strong power network, pipeline network, coal transportation network and storage and distribution facilities. Promote the transformation and upgrading of coal-fired power, and strive to complete the energy-saving and flexible transformation of coal-fired power by 2 million kilowatts throughout the year. Plan to build the "Zheng Bian Luo Pu" hydrogen corridor, accelerate the implementation of four pumped storage power stations and a number of wind power projects, promote the construction of four demonstration areas for large-scale utilization of geothermal heating in Zhengzhou, and strive to add 4.5 million kilowatts of renewable energy and 12 million square meters of geothermal energy heating capacity throughout the year. In the current market downturn environment, favorable policies in the field of renewable energy have been launched one after another, which has improved the performance certainty of Listed Companies in wind and photovoltaic related sectors.
Industry dynamics
On March 15, the National Bureau of statistics released the energy production from January to February 2022. Among them, power production has changed from decline to rise. From January to February, the power generation was 1314.1 billion kwh, a year-on-year increase of 4.0%, a decrease of 2.1% in December last year, and the average daily power generation was 22.27 billion kwh. In terms of varieties, in addition to wind power, thermal power, hydropower, nuclear power and Cecep Solar Energy Co.Ltd(000591) power generation increased to varying degrees. Among them, thermal power increased by 4.3%, hydropower increased by 8.2%, nuclear power increased by 9.6%, Cecep Solar Energy Co.Ltd(000591) power generation increased by 6.5%, and wind power decreased by 7.6%. (Polaris power grid)
Company dynamics
Ningxia Jiaze Renewables Corporation Limited(601619) ( Ningxia Jiaze Renewables Corporation Limited(601619) ): the company issued a major asset purchase report. After the completion of this transaction, Shanghai Jiarong will become the general partner and the only executive partner of ningbai fund. The listed company will directly hold 999074% of the limited partnership share of ningbai fund, indirectly hold 0.0463% of the general partnership share of ningbai fund through Shanghai Jiarong, and hold 999537% of the partnership share of ningbai fund in total. According to the new partnership agreement, the listed company can decide major matters such as the investment and withdrawal of ningbai fund project and major matters of operation and management. Therefore, after the completion of this transaction, the listed company can obtain the control right of ningbai fund. （wind）
Risk warning: the epidemic situation fluctuates beyond expectations and the risk of policy change.
