Core view
Market review: last week, the power equipment sector closed at 986118 points, down 4.68%. The Shanghai Composite Index closed at 325185 points, down 0.94%; Shenzhen Component Index closed at 1195927 points, down 2.20%; Gem closed at 256991 points, down 3.64%. In the lithium new energy vehicle sector, the charging pile fell 4.2%, new energy vehicles fell 4.4%, lithium diaphragm fell 4.5%, energy metals fell 4.7%, lithium electrolyte fell 5.3%, lithium negative electrode fell 5.8% and lithium positive electrode fell 6.5%. The top five increases in the industry were Hunan Corun New Energy Co.Ltd(600478) up 12.96%, Pylon Technologies Co.Ltd(688063) up 6.85%, Hangzhou Weiguang Electronic Co.Ltd(002801) up 6.19%, St Shiwan up 6.09%, and Guizhou Zhenhua E-Chem Inc(688707) -u up 1.53%.
Industrial chain price tracking: 367500 yuan / ton of ternary cathode material type 532, the same as last week; It was equal to 623800 yuan / ton of cathode material last week. 61000 yuan / ton of high-end natural graphite, the same as last week; The middle end natural graphite of negative electrode material was 51000 yuan / ton, the same as last week. Wet diaphragm: 7 μ M 2 yuan / m2, the same as last week; Wet diaphragm: 9 μ M 1.43 yuan / square meter, the same as last week.
Industry news: Geely Automobile announced that the sales volume in March was about 100000 new energy models, accounting for about 11%; GAC sold 608000 vehicles in the first quarter, with a year-on-year increase of 22.48%; Tesla recalled some imported and domestic model 3, totaling about 120000 vehicles; Chery new energy again announced a price increase of 29005000 yuan; Volvo cars’ global sales fell 22% in March, and pure electric sales rose 316%. Announcement of key companies: Shanghai Sk Automation Technology Co.Ltd(688155) : the net profit attributable to the parent company disclosed in the 2021 annual report was 700635 million yuan, an increase of 15.36% at the same time Shandong Shida Shenghua Chemical Group Company Limite(603026) : the net profit attributable to the parent company disclosed in the 2021 annual report was 1.178 billion yuan, an increase of 353.6% at the same time Guangdong Lyric Robot Automation Co.Ltd(688499) : the annual report of 2021 disclosed that the net profit attributable to the parent company was 212 million yuan, an increase of 51.18% year-on-year Guizhou Zhenhua E-Chem Inc(688707) : the net profit attributable to the parent company disclosed in the 2021 annual report was 413 million yuan, an increase of 343.34% at the same time.
Investment suggestion: it is suggested to turn off the energy storage system and integrate the power cell: Shenzhen Desay Battery Technology Co.Ltd(000049) ( Shenzhen Desay Battery Technology Co.Ltd(000049) . SZ); Power battery: Eve Energy Co.Ltd(300014) ( Shahe Industrial Co.Ltd(000014) . SZ)
Risk warning: the sales of new products are less than expected; Industry competition intensifies; The cost of raw materials has risen.
