Core view
Market review: last week, the power equipment sector closed at 913450 points, down 7.37%. The Shanghai Composite Index closed at 321124 points, down 1.25%; Shenzhen Component Index closed at 1164857 points, down 2.60%; Gem closed at 246036 points, down 4.26%. In the lithium new energy vehicle sector, the charging pile fell 4.3%, new energy vehicles fell 4.6%, lithium diaphragm fell 5.0%, lithium positive electrode fell 5.6%, lithium battery fell 6.1%, lithium electrolyte fell 6.7% and lithium negative electrode fell 7.9%. The top five increases in the industry were Pylon Technologies Co.Ltd(688063) up 11.82%, Blivex Energy Technology Co.Ltd(300116) 5.79%, Hangzhou Weiguang Electronic Co.Ltd(002801) up 2.21%, Shenzhen Desay Battery Technology Co.Ltd(000049) up 0.63%, Shanghai Sk Automation Technology Co.Ltd(688155) up 0.58%.
Industrial chain price tracking: RMB 364500 / ton of ternary cathode material type 532, a decrease of RMB 3000 / ton, a decrease of 0.82%; Ternary cathode material 622382000 yuan / ton, the same as last week. 61000 yuan / ton of high-end natural graphite, the same as last week; The middle end natural graphite of negative electrode material was 51000 yuan / ton, the same as last week. Wet diaphragm: 7 μ M2 yuan / m2, the same as last week; Wet diaphragm: 9 μ m1. 43 yuan / m2, the same as last week.
Industry news: build a power battery industry chain project in Indonesia for the supply of nickel protection resources in the amount of 30075 6billion US dollars; Geometric cars delivered more than 10000 in March, with a strong year-on-year increase of 448% in the first quarter; Volkswagen will improve the MEB platform with a range of up to 700 kilometers Chongqing Changan Automobile Company Limited(000625) released the new brand dark blue, which will invest 80 billion yuan to develop new energy; Tesla modely: the champion of monthly and quarterly sales of Chinese cars.
Announcement of key companies: Eve Energy Co.Ltd(300014) : providing cash pledge guarantee for the subsidiary Yiwei Asia Beijing Easpring Material Technology Co.Ltd(300073) : the net profit attributable to the parent company in the first quarter of 2022 was 350400 million yuan, with a year-on-year increase of 134.58% – 168.09% Sunwoda Electronic Co.Ltd(300207) : the net profit attributable to the parent company in the 2021 annual report was 916 million yuan, an increase of 14.18% at the same time Yunnan Energy New Material Co.Ltd(002812) : in the first quarter of 2022, the company’s performance is expected to increase, and the net profit is about 865 million ~ 950 million, an increase of 100.19% ~ 119.86% at the same time.
Investment suggestion: it is suggested to turn off the energy storage system and integrate the power cell: Shenzhen Desay Battery Technology Co.Ltd(000049) ( Shenzhen Desay Battery Technology Co.Ltd(000049) . SZ); Power battery: Eve Energy Co.Ltd(300014) ( Eve Energy Co.Ltd(300014) . SZ)
Risk warning: the sales of new products are less than expected; Industry competition intensifies; The cost of raw materials has risen.
