According to the Shanghai Securities News, the evaluation of the second batch of national fuel cell vehicle demonstration and application urban agglomeration has been completed, and the Henan urban agglomeration led by Zhengzhou and the Hebei Urban Agglomeration led by Zhangjiakou, Hebei have recently been approved. This means that Henan Hebei demonstration city cluster can still catch up with the first year of 2022 demonstration period, and the national “3 + 2” fuel cell vehicle demonstration pattern has been formed.
Huaxin Securities pointed out that under the background of double carbon, fuel cell technology is the strategic choice of China’s future energy technology. Since the fuel cell was listed as one of the “three horizontal and three vertical” of electric vehicles by the Ministry of science and technology in the tenth five year plan, it has been listed as a key R & D goal from the eleventh five year plan to the fourteenth five year plan. All local governments actively follow up the national strategy and issue the fuel cell industry chain plan. Among the 13 provinces that have released plans, 1800 hydrogen refueling stations will be planned by 2025, with an industrial scale of nearly trillion and a total of 80000 fuel cell vehicles. The short-term Beijing Winter Olympics is approaching, the regional sales outbreak of the demonstration city cluster and the implementation of the national top-level planning are expected to provide a triple positive resonance for the fuel cell industry, which is conducive to catalyzing the market of the fuel cell sector.
The agency believes that according to the plans of the three demonstration mature groups, the number of fuel cell vehicles will reach 94000 by the end of 2025. If the planning objectives are successfully achieved and superimposed with the plans of other provinces and cities, the number of fuel cell vehicles in China will not be less than 120000 by 2025, with a compound annual sales growth rate of about 180%, with great flexibility. The fuel cell vehicle industry chain will be an important investment direction for the continuation of lithium power batteries in the medium and long term. It is worth noting that the short-term fuel cell is still in the industrial introduction period, and its investment has strong potential β Properties.
Huaxin securities recommends the following directions: 1) suppliers of fuel cell vehicle industry chain for Beijing Winter Olympic Games: Beijing Sinohytec Co.Ltd(688339) – u, Yutong Bus Co.Ltd(600066) ; 2) Regional leading enterprises in Beijing, Shanghai and Guangzhou: Jiangxi Jovo Energy Co.Ltd(605090) , Shanxi Meijin Energy Co.Ltd(000723) ; 3) Leading technology enterprises in key links of fuel cell industry chain: Weichai Power Co.Ltd(000338) , Shandong Dongyue Organosilicon Materials Co.Ltd(300821) , Sino-Platinum Metals Co.Ltd(600459) , Shenzhen Center Power Tech.Co.Ltd(002733) , etc. 4) Other suggestions focus on Houpu Clean Energy Co.Ltd(300471) , Anhui Quanchai Engine Co.Ltd(600218) .
(source: Securities Times)
