As a highlight of the Winter Olympics, hydrogen fuel cell vehicles have added a bright color to low-carbon travel. Recently, there have been more problems related to them on the investor interaction platform. Some investors asked about the thermal management capability of Beiqi Foton Motor Co.Ltd(600166) hydrogen energy bus, Beiqi Foton Motor Co.Ltd(600166) said that the hydrogen fuel bus delivered by the company to the Winter Olympic Games was equipped with the vehicle management system independently developed by the company. Some investors asked Houpu Clean Energy Co.Ltd(300471) whether to participate in the equipment supply chain of hydrogen energy bus hydrogenation station for the Winter Olympic Games. The company said that it has provided construction services or equipment for some supporting hydrogenation stations for the Winter Olympic Games.
hydrogen fuel cell vehicle becomes the symbol of “green winter Olympics”
The Beijing Winter Olympic Games and the winter Paralympic Games uphold the concept of “Green Olympics”, and hydrogen, as a secondary energy, has the advantages of diverse sources, zero emission at the terminal and wide use, and plays an important role in helping the “green winter Olympics”.
At the end of November 2021, Beijing Public Transport Group announced that it had completed the reception of 212 hydrogen energy buses. On January 5, 2022, more than 100 hydrogen energy buses of the State Power Investment Group will provide transportation connection guarantee services for the Yanqing competition area of the Beijing Winter Olympics. In order to ensure driving safety, during the guarantee period of the Beijing Winter Olympic Games, Beijing Public Transport Group will conduct real-time monitoring on the on-board data of more than 10000 new energy vehicles, including hydrogen energy vehicles, and accumulate relevant technical data of hydrogen energy vehicles, so as to provide a basis for the development of hydrogen energy vehicles and the breakthrough of key technologies in the future.
Hong Xin, CEO of Xinyan hydrogen energy, told the Securities Daily that at present, the manufacturing chain of hydrogen energy vehicles has basically realized localization. From the technical level, there is no obvious bottleneck. At present, the promotion problems are mainly commercialization mode and infrastructure construction. In terms of commercialization mode, the current exploration path is mainly buses and trucks. Because hydrogen fuel cell vehicles have high manufacturing cost and fast energy supplement speed, they are more suitable for fixed scenarios. Therefore, through the demonstration role of the Winter Olympic Games, the promotion of hydrogen fuel cell vehicles can be accelerated. The hydrogen refueling station built around the Winter Olympic Games can further improve the hydrogen energy infrastructure construction in Beijing and Hebei, and provide sufficient data and practical cases for the ground application of hydrogen fuel cell vehicles through practical application.
In order to ensure the normal operation of hydrogen fueled buses, China Petroleum & Chemical Corporation(600028) Beijing Qingyuan Street hydrogenation station, Beijing wangquanying hydrogenation station, Beijing Yanhua Xinglong oil and hydrogen joint construction station, Hebei Chongli Xiwanzi hydrogenation station and other service Winter Olympic hydrogenation stations have been put into operation since September 2021. On January 6, 2022, China’s first station hydrogen testing laboratory, China Petroleum & Chemical Corporation(600028) Xiwanzi hydrogen testing laboratory, was officially put into operation in Chongli, Hebei Province. The laboratory can complete the testing of 13 typical indicators of fuel cell hydrogen, providing technical support for ensuring the safety and reliability of hydrogen energy quality in the winter Olympic Games.
Li Hongbo, Executive Secretary General of China hydrogen energy industry technology innovation and application alliance, told Securities Daily: “From the development of the main links of the hydrogen energy industry, hydrogen fuel cell vehicles are the most popular in the application of hydrogen energy. As a kind of new energy vehicles, the Ministry of industry and information technology and the Ministry of science and technology have supported this for many years. The related low-temperature PEM fuel cell technology has been basically mature and needs to be developed in large quantities.”
the hype of hydrogen energy concept stocks gradually calmed down
Under the background of China’s promotion of hydrogen energy projects, Shanghai, Shenzhen, Guangzhou, Beijing and Suzhou have continuously launched hydrogen energy related industrial policies. The previous 200 billion hydrogen energy industry development plan of Shenzhen has driven a new round of hydrogen energy fever in the secondary market. As the hottest theme in the near future, the Winter Olympic Games also brought the hydrogen energy sector into the vision of investors.
The first application of hydrogen energy in this winter Olympic Games is hydrogen fuel cell vehicles. It is reported that the Winter Olympic Games will demonstrate and operate more than 1000 fuel cell vehicles; The second is the hydrogenation stations along the competition area. More than 30 hydrogenation stations will be opened in the Winter Olympic Games, which can serve more than 2000 vehicles; Finally, in order to promote the application of hydrogen energy, all the fuel in the torch of the Winter Olympic Games will use hydrogen energy.
Wang Lun, chief investment adviser of Shenzhen xinrand, told the Securities Daily that the policy force, catalytic superposition of capital investment, is driving the hydrogen energy industry into the fast lane. Companies in all links of China’s hydrogen energy industry chain are also accelerating their layout. On the one hand, they are hydrogen production and hydrogenation stations, on the other hand, they are hydrogen fuel vehicles and supporting infrastructure. These are deterministic directions. However, at present, the commercialization of hydrogen energy has just been carried out, and some listed companies have speculation concept behavior. Next, we need to pay attention to the implementation of hydrogen energy projects and R & D investment capacity.
Hithink Royalflush Information Network Co.Ltd(300033) the hydrogen energy index (885823) increased by 79% in 2021, much higher than the increase of Shanghai and Shenzhen indexes in the same period. It is one of the hot concepts of A-Shares last year and has also spawned many leading stocks with doubled growth. However, since the middle and late December 2021, the index has entered a shock adjustment period. As of January 7, 2022, it has decreased by more than 3% compared with the historical high of the index on December 23, 2021.
Zhang Cuixia, chief investment adviser of Jufeng investment, told reporters that at present, China’s hydrogen energy industry is in the primary stage of rapid development and has broad development prospects and space in the future. Many listed companies are also actively arranging hydrogen energy related industries, but compared with the current development status of hydrogen energy, the valuation of some hydrogen energy concept stocks has been higher.
Zhang Cuixia said: “Under the \’Winter Olympics effect\’, some leading stocks of hydrogen energy concept of A-Shares have been popular again by capital recently, but the market has been obviously calmer, paying attention to companies with low valuation and having hydrogen energy projects in hand. It is suggested that investors focus on the progress of hydrogen energy projects of listed companies, especially the landing and commercialization of vehicle manufacturing end. Next, the market focus is expected to be in politics Policy driven shift to performance driven transformation. “
(source: Securities Daily)
