Key investment points:
Every Monday: the “14th five year plan” for modern energy system is issued, and traditional oil and gas will play a key role as ballast. The national development and Reform Commission and the Energy Administration issued the modern energy system plan for the 14th five year plan. The plan emphasizes the importance of renewable energy and puts forward new goals and requirements for the construction of modern energy system. The plan points out that energy security should be more secure and powerful. Traditional oil and gas will play a key role as a ballast. In terms of oil and gas, it is required to strengthen the construction of gas storage facilities, implement tax incentives for shale oil and tight gas, and clarify the key reform tasks in the oil and gas field. In terms of investment suggestions, [ Nanjing Develop Advanced Manufacturing Co.Ltd(688377) ], [ Yantai Jereh Oilfield Services Group Co.Ltd(002353) ], [ China Oilfield Services Limited(601808) ], focus on [ Bomesc Offshore Engineering Company Limited(603727) ], [ Offshore Oil Engineering Co.Ltd(600583) ], etc.
Industry and company dynamics this week: 1) photovoltaic equipment: the demand of the industrial chain remains strong this week, and the prices of all links have an upward trend. On the evening of March 25, Longi Green Energy Technology Co.Ltd(601012) raised the price of monocrystalline silicon again, Qingdao Gaoce Technology Co.Ltd(688556) recently signed a sales contract for photovoltaic cutting equipment with Jingke energy (Yushan) Co., Ltd. and Jingke energy (Poyang) Co., Ltd., subsidiaries of Jingke energy, with a total amount of 141 million yuan; 2) Semiconductor equipment: this week, 21 sets of process equipment were opened in China’s major wafer factories. Semi expects the global front-end wafer factory equipment expenditure to reach 107 billion US dollars in 2022; 3) Lithium battery equipment: since mid March, car companies have collectively announced price increases for their new energy models, ranging from 3000 yuan to 30000 yuan. The price increases are large and the implementation speed is fast. The price rise of power battery has finally been transmitted to the vehicle end; 4) Oil service: the 14th five year plan for modern energy system was issued, emphasizing the coordinated promotion of low-carbon energy transformation and supply guarantee in the 14th five year plan; 5) Laser and general automation: the Ministry of industry and information technology solicits typical application scenarios of additive manufacturing, and solicits a number of typical scenarios with advanced technology, remarkable application effect and outstanding replication and promotion value for but not limited to industrial, medical and other fields; 6) Sewing equipment: this week, China Sewing Machinery Association released the “briefing on the import and export of sewing machinery industry from January to February 2022”. From January to February, the cumulative export volume of China’s sewing machinery products was US $535 million, a year-on-year increase of 15.15%. Among them, the export volume of industrial sewing machines was 850000 units, with an export volume of 289 million US dollars, an increase of 18.33% and 37.30% respectively year-on-year.
The core target of this week’s portfolio of the core of the week’s portfolio: it’s recommended to focus on the growth track with a high boom, and the periodic sector investment opportunities with high elasticity and upward infleinfleinfleturning points, and the periodic sector with high resilience and upward infleturning points, and the periodic sector with high resilience, turning points and upward turning points. It’s recommended to focus on the growth track with a high boom, and the periodic sector with high resilience, and cyclical sector with high resilience, and periodic sector with high resilience, turning points upward, turning points, turning points, and turning points. Oil service sector recommends [ Shenzhen Xinyichang Technology Co.Ltd(688383) 7777 [ Wuhan Raycus Fiber Laser Technologies Co.Ltd(300747) ], recommended for general automation [ Shenzhen Inovance Technology Co.Ltd(300124) ], it is suggested to pay attention to [ China Cssc Holdings Limited(600150) ].
Risk tips: 1. The production expansion progress of lithium battery manufacturers is less than expected; 2. The recovery of the shipbuilding industry is less than expected; 3. The business growth of the recommended company is less than expected.
