[today's Guide]
REITs products have made another breakthrough. The first public offering of REITs this year has set a new record of placement proportion
Contrarian growth! The industry performed well under the impact of the epidemic
Industry mandatory standards have been approved, and the "survival of the fittest" is expected to accelerate
Safe, efficient and long service life, the scale of "new star" in this energy storage field may increase tenfold
The pilot cities of digital RMB expanded for one week, and more than one million new users were added to the platform
The pilot cities of digital RMB expanded for one week, and more than one million new users were added to the platform
[subject details]
reits products have made another breakthrough. The first public offering REITs this year has set a new record of placement proportion
Breakthroughs have been made in the issuance of infrastructure REITs products for affordable rental housing. The Shenzhen talent and secure housing group project has recently been submitted to the national development and Reform Commission, becoming the first officially declared affordable rental housing REITs project in China.
REITs (real estate investment trusts) is a trust fund that collects the funds of a specific majority of investors by issuing income certificates, operates and manages real estate investment by special investment institutions, and distributes the comprehensive investment income to investors in proportion. The issuance of REITs will help to issue square stock assets, diversify investment risks, broaden financing channels and so on. On June 29, 2021, the national development and Reform Commission issued the notice on further improving the pilot work of real estate investment trusts (REITs) in the field of infrastructure, which included affordable rental housing into the industry scope of infrastructure REITs. On April 7, Huaxia China Communications Construction Company Limited(601800) reit, the first public offering REITs of this year, was well subscribed, setting a new record of placement proportion Everbright Securities Company Limited(601788) analysis points out that the current issuance of public REITs has favorable conditions at both ends of supply and demand, and the subsequent issuance scale will be significantly increased. 2022 will be a big year for the issuance of public REITs.
Among the A-share listed companies, Guangzhou Jiacheng International Logistics Co.Ltd(603535) the high standard smart logistics park under operation, construction and planning has a total construction area of about 2.35 million square meters. The company plans to explore the issuance of public REITs through Guangzhou Jiacheng International Logistics Co.Ltd(603535) Hainan multi-functional digital logistics center project, which has been applied to Hainan development and Reform Commission for inclusion in the REITs pilot project library Wuhan East Lake High Technology Group Co.Ltd(600133) owns 20 industrial park projects, with a construction area of about 4.8 million square meters. The subject asset corresponding to the public offering REITs declared by the company is Wuhan software new town phase 1.1 Industrial Park project, with an area of more than 100000 square meters Everbright Jiabao Co.Ltd(600622) in charge of the industrial park project participated in the first batch of public REITs pilot projects in China, and the public REITs products of Shanghai Zhangjiang Everbright park have been successfully released.
counter trend growth! The industry performed well under the impact of the epidemic
The reporter recently learned from Haikou customs that according to statistics, the customs supervised 14.72 billion yuan of duty-free shopping on Hainan outlying islands in the first quarter of this year, a year-on-year increase of 8.4%; The number of shopping items was 20.27 million, an increase of 14.2%; The per capita shopping amount was 8372 yuan, an increase of 10.2%.
Although the impact of the epidemic affected the normal operation of travel passenger flow and duty-free stores, the tax-free data of outlying islands in the first quarter still showed a bright growth in terms of shopping amount, number of shopping pieces and customer unit price. East Asia Qianhai Securities believes that from the data of this year's Spring Festival, during this year's Spring Festival (from January 31 to February 6), the sales of duty-free shops in Hainan outlying islands exceeded 2.1 billion yuan in seven days, a year-on-year increase of more than 150%. At present, all duty-free enterprises have made efforts to expand product categories and actively promote the upgrading of product structure. At the same time, the National Offshore Island tax exemption policy has been continuously relaxed, and the rapid development trend of China's offshore island tax exemption industry is stable. The impact of the short-term epidemic does not change the long-term prosperity of the industry. Under the condition of national policy support + tax-free enterprises making efforts to improve service quality, rich product categories and price belt, with the gradual improvement of the epidemic situation, the industry as a whole is expected to accelerate recovery.
Among A-share listed companies, Wangfujing Group Co.Ltd(600859) said that since obtaining the tax exemption license, the company has been promoting the preparation for the landing of various tax-free businesses, and actively promoting the operation preparation of supply chain, logistics warehousing, marketing promotion, information system, online operation and cross-border e-commerce Hai Nan Yedao (Group) Co.Ltd(600238) at present, it has actively arranged cross-border e-commerce business, opened the wechat applet "Coconut Island global shopping" online shopping platform, and opened several imported commodity boutiques in Haikou and Wenchang Utour Group Co.Ltd(002707) said that the tourism shopping and duty-free business were advancing as planned.
industry mandatory standards approved, "survival of the fittest" is expected to accelerate
The State Administration of market supervision (State Standardization Administration Committee) recently approved the compulsory national standard of electronic cigarette, which is hereby promulgated and will be implemented from October 1, 2022.
The national standard of electronic cigarette is a mandatory standard, and all Chinese electronic cigarette products must be manufactured in strict accordance with the national standard. The document clearly stipulates the additives, aerosols and product inspection methods of e-cigarette. In terms of taste, the ban on non tobacco flavor e-cigarettes in the second exposure draft was retained, and 101 permitted atomizing additives and the maximum amount of use were specified; The nicotine concentration of electronic smog compounds shall not be higher than 20mg / g, and the total amount of nicotine shall not be higher than 200mg; The cigarette rod should have the function of preventing accidental start and child safety lock. At present, most electronic cigarette products on the market do not have the function of child lock. According to the data of the electronic cigarette industry committee, the retail scale of China's electronic cigarette market in 2021 was 19.7 billion yuan and the overseas export scale was 138.3 billion yuan Huatai Securities Co.Ltd(601688) analysis points out that with the official release of the national standard, the state of intermingled products will become history, and the e-cigarette industry will develop orderly under the leadership of China tobacco. In the future, products without production qualification and low product quality will withdraw from the market, which will benefit the leading enterprises with leading product power and sufficient production capacity.
In the A share listed companies, the main business of Shenzhen Jinjia Group Co.Ltd(002191) subsidiary cloud technology is the development, production and sale of traditional tobacco flavors and spices and electronic cigarette oil. The customers cover many tobacco companies, and supply the brands of Foogo and Suorin. Huabao Flavours & Fragrances Co.Ltd(300741) developed a series of cigarette oil samples, and the electronic cigarette oil products were initially sold Shenzhen Longtech Smart Control Co.Ltd(300916) said that the business of electronic cigarette intelligent controller is progressing smoothly and batch supply has been gradually realized.
safe, efficient and long service life. The scale of "new star" in this energy storage field may increase tenfold
Hainan Haide Capital Management Co.Ltd(000567) announced that it has signed the cooperation agreement on the development of all vanadium liquid flow energy storage battery industry with China vanadium energy storage and China Science and technology, and plans to jointly invest in the establishment of all vanadium liquid flow energy storage battery industry development company to promote the development of all vanadium liquid flow energy storage battery industry projects such as vanadium resource integration, high-purity vanadium smelting, vanadium based new material manufacturing, vanadium electrolyte production and the construction of all vanadium liquid energy storage power station.
All vanadium flow battery is a safe, efficient and potential energy storage device. Due to its safe and reliable flow system, it has a longer service life than the current mainstream energy storage battery lithium-ion battery (all vanadium flow battery generally has a 20-year life cycle and 60000 charge and discharge times). According to statistics, the scale of all vanadium flow battery energy storage project in China in 2020 is about 100MW. In addition, according to the goal of developing new energy storage batteries proposed in the guiding opinions on accelerating the development of new energy storage, GGII predicts that the installed capacity of liquid flow batteries will exceed 1000MW by 2025 The Pacific Securities Co.Ltd(601099) Securities said that unlike lithium, 80% of the supply is overseas and about 50% of the supply of vanadium is in China, so resources will not be controlled by others; The demand structure of vanadium has been relatively stable, 90% of which comes from steel, and energy storage currently accounts for only 1%. However, as energy storage enters the explosive period, the proportion will exceed 15% in 2025 and is expected to exceed 30% in 2030. Just like the development pattern of lithium cobalt in 2015 and nickel in 2018, new demand areas have brought new growth space. 20212025 is expected to be the first stage of vanadium battery penetration improvement.
Among A-share listed companies, Pangang Group Vanadium Titanium & Resources Co.Ltd(000629) said that Panyan technology entrusted by the company has an electrolyte test line, mastered the production technology of vanadium electrolyte and has the strength to continue to expand the production scale of vanadium electrolyte Henan Yicheng New Energy Co.Ltd(300080) all vanadium flow battery project is prepared by Kaifeng Times New Energy Technology Co., Ltd., a joint-stock company of the company. At present, the project has completed the filing and environmental assessment procedures Wuhan Nari, a subsidiary of State Grid Yingda Co.Ltd(600517) is actively promoting the implementation of the demonstration project of all vanadium flow battery energy storage power station with relevant provincial companies.
digital RMB pilot cities expanded for one week, with more than one million new users on the platform
It has been a week since the expansion of digital RMB pilot cities. The industry generally believes that at present, the promotion efficiency of digital RMB is improving in an orderly manner, and the scenes in the pilot areas are also realizing accelerated coverage. After the expansion of the pilot area of digital RMB, meituan took the lead in announcing that it would issue digital RMB livelihood consumption subsidies to a new group of pilot urban residents. The relevant person in charge of meituan disclosed that from April 3 to 10, meituan app added more than 1.4 million users to taste digital RMB. According to wechat, support for digital RMB has been fully opened in all pilot areas.
As of April 2022, the number of pilot areas for digital RMB has reached 23. So far, the pilot of digital RMB has covered typical regions such as East China, South China, North China, southwest, northwest and Northeast China, forming a national development pattern Huaan Securities Co.Ltd(600909) Yin Yanji believes that the promotion of digital RMB will bring long-term and sustainable investment opportunities for relevant ecological industries. Optimistic about the investment opportunities on the side of commercial banks, the banking software system needs to be connected to the central bank's issuance library, and relevant functions need to be opened for financial machines and tools such as counter machines and ATMs to support the exchange, circulation and return of digital RMB.
Among the listed companies, Qitian Technology Group Co.Ltd(300061) its small flag, Oufei, carries out marketing services such as assisting mobile banking app and supporting the use of digital RMB to realize recharge and payment Beijing Cuiwei Tower Co.Ltd(603123) holding subsidiary Haike RONGTONG has reached cooperation with a number of banks in the field of offline receipt of digital RMB, and has the ability of inter-bank acceptance of digital RMB.
