The executive meeting of the State Council held on March 30 proposed that water conservancy projects are livelihood projects, development projects and safety projects. This year, another batch of projects that have been included in the plan and have mature conditions will be started, including major water diversion and transfer projects such as the follow-up project of the South-to-North Water Transfer, backbone flood control and disaster reduction, danger removal and reinforcement of dangerous reservoirs, construction and transformation of irrigation areas, etc. These projects, together with other water conservancy projects, can complete an investment of about 800 billion yuan in the whole year. According to the requirements of the meeting, ensure the project quality and ensure the safe operation of the project.
Guotai Junan Securities Co.Ltd(601211) pointed out that in 2022, the economic work will focus on steady growth. As one of the important infrastructure construction fields, water conservancy has the characteristics of strong social benefits, large investment absorption and long industrial chain. The development of water conservancy is expected to fully boost demand, create employment and make an important contribution to achieving the goal of steady growth. In combination with the work deployment of the central government and the Ministry of water resources, water conservancy will focus on the construction of major projects such as national water network and watershed flood control and the improvement of smart water conservancy in 2022. In terms of medium and long-term planning, during the 14th Five Year Plan period, water conservancy construction will achieve high-quality development from the four investment directions of flood control, water supply, intelligent water conservancy and ecological restoration. Its investment growth rate is expected to enter a new round of growth period driven by the accelerated implementation of 150 major water conservancy projects.
The agency believes that the regional leaders in the industrial chain of large infrastructure construction of water conservancy are more flexible, and smart water conservancy is recommended China Railway Group Limited(601390) . Water conservancy construction is conducive to the fields of construction (Engineering and Design) and building materials (pipe, waterproof and cement). The regional leaders in southwest, South China and East China have greater flexibility. Intelligent water conservancy recommends that the calculation link has the advantage of integration China Railway Group Limited(601390) . Recommend 13 “gold stock combinations” of Guojun strategic water conservancy new infrastructure, including Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) / Jsti Group(300284) / China Liansu / Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) / Huaxin Cement Co.Ltd(600801) / China Railway Group Limited(601390) .
