Abstract
Question 1: how to understand the future demand of sea breeze - the 14th five year plan + bidding + parity + pile foundation market space
What is the demand for sea breeze in the 14th five year plan: during the 14th Five Year Plan period, we expect the sea breeze increment to be more than 40gw;
How to understand the bidding volume of sea wind turbines in 21 and 22 years: the annual bidding volume in 21 years is expected to be 2.7gw, and the elasticity in 22 years is expected to be greater than that in 21 years;
How to understand the parity trend of sea breeze in the future: Taking the 50MW offshore wind power as an example, the IRR of the project can reach more than 13% when the on grid price is 0.85 yuan / kWh and 0.75 yuan / kWh. With the disappearance of relevant subsidies in the future, calculated with the on grid price of 0.45 yuan / kWh, a certain rate of return can still be maintained under the current cost reduction conditions, and the IRR is more than 8%;
Future market space geometry of Haifeng infrastructure: we predict that the market space of foundation piles will be about 84-140 billion yuan in 21-25 years, and the corresponding annual new market space will be about 16.8-28 billion yuan.
Question 2: how about the development of domestic lasers compared with the laser industry chain of torch technology?
There is still a gap between China's upstream technology and the world, and chips still rely on imports. Compared with developed countries in Europe and America, China's laser technology started not late, but there is a large gap in the application of laser technology and high-end core technology. Semiconductor laser chip and device manufacturers are still mainly foreign enterprises, mainly international giants such as Erlu group, langmeitong, IPG optoelectronics and so on. Although Chinese upstream enterprises (Ju Guang technology, kaiprin, Xinghan laser, etc.) can supply laser components and semiconductor components, they still mainly purchase high-power semiconductor laser chips for packaging and production modules.
Question 3: what should the "14th five year plan" intelligent manufacturing development plan Siasun Robot&Automation Co.Ltd(300024) industry do?
In the next 15 years, we will accelerate the reform of production mode through "two steps":
First, by 2025, most manufacturing enterprises above Designated Size will realize digital networking, and key enterprises in key industries will initially apply intelligence;
Second, by 2035, manufacturing enterprises above Designated Size will fully popularize digital networking, and backbone enterprises in key industries will basically realize intellectualization.
Risk tips:
Industry policy adjustment, lower than expected downstream investment, intensified industry competition, raw material price fluctuation, etc. the calculation is subjective and for reference only.
