This week (from March 14 to March 18), the energy storage concept sector of China stock market news fluctuated downward, and the sector fell 2.65% as a whole. Among the 10 enterprises monitored by Huaxia times, 7 fell and 2 rose, of which Camel Group Co.Ltd(601311) fell the most, with a decrease of 5.79%, and Eve Energy Co.Ltd(300014) rose against the trend, with an increase of 10.95%, which was the highest among the top 10 stocks in the energy storage concept sector.
This week, the total trading volume of China stock market news energy storage concept sector was 155 million, with a total turnover of 350644 billion yuan and a turnover rate of 9.02%.
Eve Energy Co.Ltd(300014) rose 10.95%
On March 14, the company announced its first share repurchase. According to the announcement, on March 14, 2022, the company used its own funds to repurchase part of the company’s social public shares in the form of centralized bidding transaction for the implementation of employee stock ownership plan or equity incentive. The number of shares repurchased was 710000, accounting for 0.04% of the company’s total share capital, and the total transaction amount was about 50.92 million yuan.
On March 16, Eve Energy Co.Ltd(300014) closed up by 11.19% and gained three consecutive positives. The company’s stock rose by 10.95% as a whole during the week.
Sealand Securities Co.Ltd(000750) gives Eve Energy Co.Ltd(300014) buy rating. The reasons for rating are: first, the repurchase plan and employee stock ownership show the company’s confidence in development; 2、 The cylindrical battery business has accelerated, and the consumer battery has gradually become dominant; 3、 The layout of power battery industry chain is complete, and the profit turning point is approaching.
Sealand Securities Co.Ltd(000750) while giving the buy rating, it also gives risk tips such as the capacity expansion is less than expected, the sales volume of new energy vehicles is less than expected, the price of raw materials continues to rise, and the production speed of new products is less than expected.
As for the trend of individual stocks in the sector, the trend of Eve Energy Co.Ltd(300014) is similar to that of Tianneng Battery Group Co.Ltd(688819) , Dongfang Electric Corporation Limited(600875) and fell on Monday and Tuesday, rebounded on Wednesday, Thursday and Friday, Camel Group Co.Ltd(601311) is similar to that of Ganfeng Lithium Co.Ltd(002460) , Qinghai Salt Lake Industry Co.Ltd(000792) and is dominated by shock adjustment this week.
According to the capital flow of China stock market news energy storage concept sector after one week’s trading, the main net outflow of energy storage concept sector this week was 129 million yuan, including 54.79 million yuan for super large single, 74.07 million yuan for large single and 12.24 million yuan for medium single.
China’s energy storage market continues to heat up
Recently, Hebei, Anhui and other places issued policies to encourage the construction mode of “photovoltaic + energy storage”.
Hebei Provincial Energy Bureau issued the guiding code for roof distributed photovoltaic construction (Trial) (hereinafter referred to as the “code”). The specification points out that the roof distributed photovoltaic project shall be constructed in the way of “photovoltaic + energy storage” to ensure the safe operation of the power grid and the safety of power supply and consumption of users. The supporting energy storage device shall meet the working life of more than 10 years and 5000 cycles, and the 10-year attenuation rate of the system capacity shall not exceed 20%.
The people’s Government of Wuhu City, Anhui Province recently issued the implementation opinions on accelerating the promotion and application of photovoltaic power generation (hereinafter referred to as the “opinions”). It is proposed that the energy storage system shall be built for the new photovoltaic power generation project, and the energy storage battery shall adopt products that meet the requirements of relevant industry specifications. From the next month after the project is put into operation, the energy storage system shall be given some subsidies to the main operation body of the energy storage power station according to the actual discharge.
For the frequent introduction of energy storage policies, industry analysts have expressed optimism about the prospect of China’s energy storage market.
Liu Qiang, a researcher at Kaiyuan securities, said that energy storage is a clean energy and a pillar of social progress. Policies drive the rapid development of energy storage industry outside China. At present, China’s energy storage is in the development stage of 0-1, and there is some room for improvement in power grid and power generation measurement at the level of business model.
Yingda Securities believes that the recent frequent introduction of energy storage policies, the east wind of energy storage has arrived, and China’s energy storage market continues to heat up. Liu Jie, a researcher at Yingda securities, believes that the scale of China Shanxi Guoxin Energy Corporation Limited(600617) power generation has increased significantly, and China’s energy storage market will continue to heat up with the support of technological breakthroughs and policies. At the same time, Liu Jie also believes that the cost of energy storage battery accounts for more than 50% of the cost of the whole energy storage system. The price of upstream raw materials continues to rise, and the cost of downstream energy storage industry is further under pressure. The probability of lithium raw materials will fluctuate at a high level in the next year, and the energy storage cost will rise by 15% – 30% in the next year.
