[core combination] Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Robotechnik Intelligent Technology Co.Ltd(300757) , Wuxi Autowell Technology Co.Ltd(688516) , Suzhou Maxwell Technologies Co.Ltd(300751) , Yingkou Jinchen Machinery Co.Ltd(603396) , Wuxi Shangji Automation Co.Ltd(603185) , Shenzhen S.C New Energy Technology Corporation(300724) , Zhejiang Windey Co.Ltd(300772) , Riyue Heavy Industry Co.Ltd(603218) , Sany Heavy Industry Co.Ltd(600031) , Jiangsu Hengli Hydraulic Co.Ltd(601100) , Xcmg Construction Machinery Co.Ltd(000425) , Hangzhou Oxygen Plant Group Co.Ltd(002430) , Yantai Jereh Oilfield Services Group Co.Ltd(002353) , Centre Testing International Group Co.Ltd(300012) , Zhejiang Shuanghuan Driveline Co.Ltd(002472) , Zhejiang Cfmoto Power Co.Ltd(603129) , Jade Bird Fire Co.Ltd(002960) , Ningbo Lehui International Engineering Equipment Co.Ltd(603076)
The focus stock pool has a focus on the focus stock pool that Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) {688155 { China National Electric Apparatus Research Institute Co.Ltd(688128) {68002371} {6881371} {6881371} {688155 Shanghai Sk Automation Technology Co.Ltd(688155) Shanghai Friendess Electronic Technology Corporation Limited(688188) Shanghai Friendess Electronic Technology Corporation Limited(688188) Advanced Micro-Fabrication Equipment Inc.China(688012) Shanghai Sk Automation Technology Co.Ltd(688155) { Shanghai Sk Automation Technology Co.Ltd(688155) Shanghai Sk Automation Technology Co.Ltd(688155) China National Electric Apparatus Research Institute Co.Ltd(688128) {68818128 28} {688018018018018018018012 2} Wuhan Jingce Electronic Group Co.Ltd(300567) , {688585858599} {68858599} {6033388} {0001000100010001000157} {{ Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) {{000156565656565656565656002833}, Beijing Tianyishangjia New Material Corp.Ltd(688033) Hunan Kaimeite Gases Co.Ltd(002549) 、 Guangdong Huate Gas Co.Ltd(688268) 、 Suzhou Jinhong Gas Co.Ltd(688106) 、 Vt Industrial Technology Co.Ltd(300707)
[last week's report] [ Robotechnik Intelligent Technology Co.Ltd(300757) ] shares in ficontec touch the world's top photoelectric technology and will benefit from the development of silicon light; [photovoltaic equipment] five ministries and commissions issued a five-year action plan for intelligent photovoltaic; Focus on the high-quality faucet of silicon chip battery module equipment; [ Guangdong Lyric Robot Automation Co.Ltd(688499) ] plans to issue 950 million yuan of convertible bonds to expand production; Power lithium battery equipment will increase significantly.
[core view] under the expectation of "steady growth", the expected marginal improvement of construction machinery; Continue to be optimistic about low carbon +; Featured "specialized and new"
Under the expectation of "steady growth", we are optimistic about undervalued and low-level sectors. 1. Construction machinery industry chain: Sany Heavy Industry Co.Ltd(600031) , Jiangsu Hengli Hydraulic Co.Ltd(601100) , Xcmg Construction Machinery Co.Ltd(000425) , Zhejiang Dingli Machinery Co.Ltd(603338) , Hangcha Group Co.Ltd(603298) , Anhui Heli Co.Ltd(600761) , Shaanxi Construction Machinery Co.Ltd(600984) , Zhejiang Huatie Emergency Equipment Science & Technology Co.Ltd(603300) . 2. Rail transit equipment industry chain: China Railway Hi-Tech Industry Corporation Limited(600528) , Crrc Corporation Limited(601766) . 3. Oil service industry chain: Yantai Jereh Oilfield Services Group Co.Ltd(002353) , Sinoseal Holding Co.Ltd(300470) . 4. Real estate related industrial chain: Canny Elevator Co.Ltd(002367) , Guangzhou Kdt Machinery Co.Ltd(002833) .
(1) recently, the Ministry of finance has issued to all localities in advance the new special debt limit of 1.46 trillion yuan in 2022. Together with the local government bonds issued before the end of 2021, the overall scale should exceed 2 trillion yuan, which provides a strong capital guarantee for the stable operation of the economy in the first quarter of 2022. The base effect weakened, the commencement of major projects boosted procurement confidence, and the expected marginal improvement of construction machinery is expected.
(2) the five ministries and commissions issued a five-year action plan: to help promote the major links of "cost reduction, efficiency enhancement and technological innovation" in the photovoltaic industry. Policy Research Office of the national development and Reform Commission: first establish and then break, orderly promote the adjustment and optimization of energy structure, and accelerate the planning and construction of large-scale wind power and photovoltaic bases.
(3) according to SNE data, the global installed capacity of power batteries exceeded 250gwh in the first November, with a year-on-year increase of 112%. Among them, the battery usage of electric vehicles registered worldwide in November was 33gwh, a year-on-year increase of 81%. China Shipbuilding Industry Group Power Co.Ltd(600482) battery enterprises Contemporary Amperex Technology Co.Limited(300750) , Byd Company Limited(002594) , China Innovation airlines, Gotion High-Tech Co.Ltd(002074) , Eve Energy Co.Ltd(300014) etc. rank first in terms of installed capacity.
[construction machinery] the central economic work conference emphasized steady growth. Recently, special bonds were issued in advance, and major projects were started in various places. The downstream demand for construction machinery is expected to be better in the first quarter. Internationalization, electrification and digitization help China become a global leader. Construction machinery continues to look at the leader of strong alpha attribute. Highlight Sany Heavy Industry Co.Ltd(600031) , Jiangsu Hengli Hydraulic Co.Ltd(601100) , Zhejiang Dingli Machinery Co.Ltd(603338) , Hangcha Group Co.Ltd(603298) , Xcmg Construction Machinery Co.Ltd(000425) ; Watch Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Shaanxi Construction Machinery Co.Ltd(600984) , Anhui Heli Co.Ltd(600761) , Zhejiang Huatie Emergency Equipment Science & Technology Co.Ltd(603300) .
[semiconductor equipment] major semiconductor enterprises in the world have increased capital expenditure, and the prosperity of semiconductor equipment has been promoted and localization has been promoted. Recommended Robotechnik Intelligent Technology Co.Ltd(300757) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , optimistic about Naura Technology Group Co.Ltd(002371) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Wuhan Jingce Electronic Group Co.Ltd(300567) , Hangzhou Chang Chuan Technology Co.Ltd(300604) , Pnc Process Systems Co.Ltd(603690) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) .
[lithium battery equipment] in recent two months, the penetration rate of new energy vehicles has been nearly 20%, and the volume has been accelerated. In November, the installed capacity of power battery was about 18.14gwh, with a year-on-year increase of 102%. Continue to recommend lithium battery equipment faucets Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Guangdong Lyric Robot Automation Co.Ltd(688499) , Shenzhen Hymson Laser Intelligent Equipments Co.Ltd(688559) , Shenzhen United Winners Laser Co.Ltd(688518) , Vt Industrial Technology Co.Ltd(300707) , and be optimistic about Shanghai Sk Automation Technology Co.Ltd(688155) , Suzhou Slac Precision Equipment Co.Ltd(300382) , Ningbo Zhenyu Technology Co.Ltd(300953) , Jdm Jingda Machine(Ningbo)Co.Ltd(603088) .
[photovoltaic / wind power equipment] closely track the bidding progress of photovoltaic heterojunction battery equipment and the recovery of photovoltaic demand. Silicon materials fell for four consecutive weeks (with a total range of nearly 15%), and photovoltaic modules are expected to return to near the price band of 1.8 yuan / W, promoting the demand for new installed capacity in the downstream. SASAC put forward clear requirements for central enterprises for the first time. By 2025, the installed proportion of renewable energy of central enterprises will reach more than 50%. Photovoltaic equipment continues to recommend Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Suzhou Maxwell Technologies Co.Ltd(300751) , Yingkou Jinchen Machinery Co.Ltd(603396) , Wuxi Shangji Automation Co.Ltd(603185) , Shenzhen S.C New Energy Technology Corporation(300724) , etc. The "14th five year plan" offshore wind power planning is expected to exceed expectations, focusing on the whole machine and core parts. For wind power equipment, Zhejiang Windey Co.Ltd(300772) , Riyue Heavy Industry Co.Ltd(603218) are recommended, and Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) , Ningbo Orient Wires & Cables Co.Ltd(603606) , Ficont Industry (Beijing) Co.Ltd(605305) are concerned.
[oil and gas equipment] recommended Yantai Jereh Oilfield Services Group Co.Ltd(002353) , Sinoseal Holding Co.Ltd(300470) , optimistic about China Oilfield Services Limited(601808) , etc.
[inspection and detection] recommended Centre Testing International Group Co.Ltd(300012) ; Continue to be optimistic about Guangzhou Grg Metrology&Test Co.Ltd(002967) , Shenzhen Anche Technologies Co.Ltd(300572) , China Building Material Test & Certification Group Co.Ltd(603060) , Suzhou Sushi Testing Group Co.Ltd(300416) .
[consumption upgrading / overseas export] it is expected that the cost end of the export industrial chain will be marginally improved. In November, the year-on-year growth rate of large displacement two wheeled vehicles was 96%. Focus on Zhejiang Cfmoto Power Co.Ltd(603129) , Ningbo Lehui International Engineering Equipment Co.Ltd(603076) , Zhejiang Jiecang Linear Motion Technology Co.Ltd(603583) , Zhejiang Dingli Machinery Co.Ltd(603338) , Hangzhou Great Star Industrial Co.Ltd(002444) , Hangzhou Youngsun Intelligent Equipment Co.Ltd(603901) , Guangdong Jinma Entertainment Corporation Limited(300756) .
[industrial gas] it is estimated that China's market space is nearly 200 billion yuan, which is expected to cultivate large market value companies, and overseas comparable companies have a market value of 600-100 billion; We are optimistic about the domestic substitution of electronic special gas. Recommended Hunan Kaimeite Gases Co.Ltd(002549) , optimistic about Hangzhou Oxygen Plant Group Co.Ltd(002430) , Guangdong Huate Gas Co.Ltd(688268) , Suzhou Jinhong Gas Co.Ltd(688106) .
Risk tips: 1) infrastructure and real estate investment is lower than expected; 2) Covid-19 epidemic spread beyond the expected risk.
