Key targets: recommended Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) ; Pay attention to Pylon Technologies Co.Ltd(688063) , Jiangsu Azure Corporation(002245) , Miracle Automation Engineering Co.Ltd(002009) , Guangdong Guanghua Sci-Tech Co.Ltd(002741) , Guizhou Zhenhua E-Chem Inc(688707) , Guangdong Fangyuan Environment Co.Ltd(688148) , Guangdong Jiayuan Technology Co.Ltd(688388) , beiteri, Shanghai Putailai New Energy Technology Co.Ltd(603659) .
Investment perspective:
1. The resumption of production and work in Shanghai and Jilin has been gradually promoted, and the expectation of resumption of production has been strengthened, waiting for the restorative growth after the inflection point of the epidemic. FAW and its upstream and downstream enterprises in the industrial chain in Jilin have started to resume production, Hongqi Weishan factory has taken the lead in resuming production, and the first batch of 47 suppliers have also resumed production simultaneously.
SAIC will start the pressure test of resumption of work and production on April 18. Affected by the epidemic situation, Saic Motor Corporation Limited(600104) carried out closed-loop production in factories in Shanghai in mid and late March, and some factories were shut down in April. The Shanghai Municipal Commission of economy and information technology issued the guidelines for the prevention and control of the epidemic situation of industrial enterprises in Shanghai (the first edition) on the evening of the 16th, which aims to effectively promote the resumption of work and production of Shanghai enterprises in an orderly and effective manner and ensure the safety and stability of the industrial chain and supply chain. According to the financial report of CCTV, Saic Motor Corporation Limited(600104) April 18 will start the pressure test of resumption of work and production, and will drive some core parts factories to enter the pressure test.
The Ministry of industry and information technology studies the establishment of an emergency coordination mechanism for the demands of the industrial chain supply chain, and sets up a "white list" of key enterprises for operation guarantee and transfer. On the evening of the 16th, the prevention and control guidelines were officially released. The first batch of 666 enterprises in the "white list" were in production, 377 (accounting for 57%), including enterprises in operation support and economic support, as well as enterprises in key industries such as integrated circuit, automobile manufacturing, equipment manufacturing and biomedicine.
Contemporary Amperex Technology Co.Limited(300750) implement grid management to ensure orderly production. Recently, there has been an individual epidemic in Ningde, and the government has temporarily upgraded epidemic prevention and control measures Contemporary Amperex Technology Co.Limited(300750) strictly take grid management measures to ensure orderly production in Ningde base.
The impact of the epidemic has brought short-term disturbance, and the demand for repair increases after the inflection point of the epidemic. In April, affected by the epidemic, the overall production and sales of new energy vehicles were under pressure. With the resumption of production and work, the sales volume is expected to rebound from May to June to make up for the early gap. At present, the terminal demand is still good, the new forces and independent models have performed well, the demand structure has been continuously improved, and the demand has rebounded and increased after waiting for the inflection point of the epidemic.
2. Under the background of continuous high price of lithium ore, the economy of lithium battery recovery is prominent. Lithium battery recycling helps to make up for the supply gap of upstream resources, especially lithium resources. Lithium battery recycling has broad market space and development prospects. Attention: Bangpu cycle ( Contemporary Amperex Technology Co.Limited(300750) ), Miracle Automation Engineering Co.Ltd(002009) , Guangdong Fangyuan Environment Co.Ltd(688148) , Guangdong Guanghua Sci-Tech Co.Ltd(002741) , Cngr Advanced Material Co.Ltd(300919) , Gem Co.Ltd(002340) , Wangneng Environment Co.Ltd(002034) , Zhefu Holding Group Co.Ltd(002266) , etc.
3. In 2021, since the second half of 2021, since the second half of 2021, the second half of 2021, the second half of 2021, soft pack batteries, 4680 big cylinders + CTC, 4680 big cylinders + CTC, composite fluid collection technology (PET copper and aluminum foil), silicon carbon anode and other new technologies have accelerated the industrialization of new technologies such as the second half of 2021, accelerating the industrialization of new technologies such as new technologies, focusing on the improvement of new technologies on the subdivision pattern, recommending Contemporary Amperex Technology Co.Limited(300750) , and silicon carbon anode, paying attention to the improvement of new technologies on the subdivision pattern, recommending Contemporary Amperex Technology Co.Limited(300750) Contemporary Amperex Technology Co.Limited(300750) \ .
Risk warning: the production and sales of new energy vehicles are less than expected; Risks of changes in industrial policies and subsidies; The production expansion of overseas automobile enterprises is less than expected, the competition is intensified, and the profitability is declining; Technical route changes.
