Last week, the mechanical equipment index fell 1.18%, the Shanghai and Shenzhen 300 index fell 2.39%, and the gem index fell 6.80%. Mechanical equipment ranked 16th in all 28 industries.
This week’s view
Semiconductor equipment: the production of EUV lithography machine was affected by the fire in ASML German factory, and Advanced Micro-Fabrication Equipment Inc.China(688012) capital was increased in the field of heterojunction layout. According to ASML announcement, the fire of the company’s subsidiary in Berlin, Germany, affected the production of important components used for the interface between lithography machines and wafers, which directly affected the production of EUV lithography machines used for processes below 7Nm, but the production of DUV lithography machines was not affected. The production of EUV lithography machine delays or affects the construction progress of wafer production line of global advanced process, while the construction progress of mature process production line is not affected. In addition, Advanced Micro-Fabrication Equipment Inc.China(688012) announced the capital increase of Shanghai ideal wanlihui thin film equipment Co., Ltd. ideal wanlihui is committed to the domestic substitution, cost reduction and efficiency increase of equipment in the field of Cecep Solar Energy Co.Ltd(000591) battery heterojunction, indicating that the company strengthens the layout of the pan semiconductor field, accelerates the three-dimensional development strategy, and forms a strong foundation for the growth of the company’s revenue. Shengmei Shanghai, Wuhan Jingce Electronic Group Co.Ltd(300567) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Naura Technology Group Co.Ltd(002371) , Kingsemi Co.Ltd(688037) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Shanghai Wanye Enterprises Co.Ltd(600641) , Hangzhou Chang Chuan Technology Co.Ltd(300604) , and Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) , Thinkon Semiconductor Jinzhou Corp(688233) , Gallen electronics, National Silicon Industry Group Co.Ltd(688126) , Shanghai Anlogic Infotech Co.Ltd(688107) are recommended.
Wind power equipment: the competitive allocation results of Jiangsu 2.65gw offshore wind power project have been announced, and the offshore wind turbine has fully entered the megawatt era. On January 7, the competitive allocation results of offshore wind power projects in Jiangsu Province in 2021 were publicized. The three projects publicized this time totaled 2.65 million KW, which were obtained by the three consortia of national energy, the Three Gorges and Jiangsu Guoxin Corp.Ltd(002608) respectively, and promised to obtain the approval supporting documents within one year after the Competitive Allocation (calculated from the date when the provincial development and Reform Commission printed and issued the document to determine the successful enterprise); After approval, the construction shall be started within one year. If it fails to start, the development right shall be withdrawn; After commencement, 50% of the wind turbine hoisting will be completed within one and a half years and the full capacity grid connection will be completed within two years. If the full capacity grid connection is not completed, the on grid price of all units of the project will be reduced by 0.01 yuan / kWh every quarter overdue. In addition, according to Fengmang energy, recently, the Three Gorges Yangjiang Qingzhou 5, 6 and 7 offshore wind power projects have a total of 3gw, and the bidding for 300MW wind turbine units and auxiliary equipment of zheneng Taizhou 1 offshore wind farm project requires a single unit capacity of more than 7mw, marking the full entry of offshore wind turbines into the megawatt era. Since this year, the amount of wind power bidding has been significantly higher than that in the same period last year. According to Xinjiang Goldwind Science And Technology Co.Ltd(002202) , in the first three quarters of 2021, China’s wind power open bidding market added 41.9gw, a year-on-year increase of 115.1%. The wind power industry is in the stage of rapid development. At present, the land wind has achieved parity, the large-scale sea wind continues to reduce costs and parity is imminent, and the leaders in all links will continue to benefit. Jiangyin Hengrun Heavy Industries Co.Ltd(603985) is recommended. It is recommended to pay attention to Haili wind power and Ningbo Orient Wires & Cables Co.Ltd(603606) .
Photovoltaic equipment: Aikang plans to produce more than 40gw of heterojunction cells and modules in 2025, Suzhou Maxwell Technologies Co.Ltd(300751) launch a new steel plate printing technology, and make a breakthrough in reducing the cost of silver paste. In 2022, the production capacity of Jiangsu Akcome Science And Technology Co.Ltd(002610) major bases will be released successively. At present, Aikang has four industrial manufacturing bases in Huzhou, Ganzhou, Suzhou and Taizhou, with a cumulative fixed investment of more than 15 billion yuan. It is expected to complete the production capacity construction of more than 40gw heterojunction batteries and components in 2025. Recently, Suzhou Maxwell Technologies Co.Ltd(300751) launched an innovative technology on Cecep Solar Energy Co.Ltd(000591) battery screen printing – full opening Cecep Solar Energy Co.Ltd(000591) battery steel plate printing technology, which plays a vital role in reducing silver slurry consumption. Because the grid line printing area is a full opening structure and the printing height is uniform, under the condition of manufacturing batteries with the same efficiency, the silver paste heterojunction can be saved by about 20%. With its advantages in yield, cost and efficiency, it has attracted great attention from various battery manufacturers. Up to now, the capacity planning of China’s hjt project has exceeded 130gw. It is recommended to pay attention to the core equipment manufacturers with leading layout and dominant technology on hjt. Suzhou Maxwell Technologies Co.Ltd(300751) is recommended and Wuxi Autowell Technology Co.Ltd(688516) is recommended.
Lithium battery equipment: the production capacity of each battery factory has been implemented one after another, and LG new energy will be listed soon. According to the statistics of China Automobile Association, the whole Shanxi Guoxin Energy Corporation Limited(600617) vehicle sales volume was 450000 units in November 2021, with a year-on-year increase of 121.1% and a penetration rate of 17.84%; From January to November, the cumulative sales volume was 2.99 million, an increase of 166.8%, and the penetration rate reached 12.90%. On January 6, just two months after the signing of the project investment contract, honeycomb energy held the commencement ceremony of honeycomb energy power battery project in Yancheng, Jiangsu Province, which quickly promoted the construction of the plant base and fully demonstrated the speed of honeycomb. At present, the global capacity planning target of honeycomb energy in 2025 is 600gwh. According to the starting point lithium power big data, LG energy solution has begun to accept investors’ subscription. It plans to log on to the Korean stock exchange on January 27 and start trading. It plans to raise up to US $10.8 billion (about RMB 68.8 billion). The funds raised this time will be mainly used to expand the company’s existing production facilities and repay debts. According to our incomplete statistics, the capacity of mainstream manufacturers in China is expected to exceed 1twh by 2025, including catl’s planned capacity of more than 700gwh, Byd Company Limited(002594) planned capacity of more than 180gwh and honeycomb energy’s planned capacity of 600gw. Under the accelerated production expansion layout of battery manufacturers, the lithium battery equipment industry will fully benefit. Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Shanghai Sk Automation Technology Co.Ltd(688155) are recommended.
Recommended combination
Key recommended combinations: shengmei Shanghai, Wuhan Jingce Electronic Group Co.Ltd(300567) , Advanced Micro-Fabrication Equipment Inc.China(688012) , Naura Technology Group Co.Ltd(002371) , Kingsemi Co.Ltd(688037) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Shanghai Wanye Enterprises Co.Ltd(600641) , Hangzhou Chang Chuan Technology Co.Ltd(300604) , Jiangyin Hengrun Heavy Industries Co.Ltd(603985) , Suzhou Maxwell Technologies Co.Ltd(300751) , Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Zhejiang Hangke Technology Incorporated Company(688006) , Shanghai Sk Automation Technology Co.Ltd(688155) , Kunshan Dongwei Technology Co.Ltd(688700) , Zoomlion Heavy Industry Science And Technology Co.Ltd(000157) , Sany Heavy Industry Co.Ltd(600031) , Jiangsu Hengli Hydraulic Co.Ltd(601100) ;
It is suggested to pay attention to the following subjects: Zhejiang Dingli Machinery Co.Ltd(603338) , Shaanxi Construction Machinery Co.Ltd(600984) , Guangxi Liugong Machinery Co.Ltd(000528) , Haili wind power, Ningbo Orient Wires & Cables Co.Ltd(603606) , Wuxi Autowell Technology Co.Ltd(688516) .
Risk tips
Risk warning: the impact of epidemic situation exceeds expectations; Infrastructure and real estate investment is less than expected; Manufacturing investment is less than expected; Policies fail to meet expectations; The localization process of semiconductor equipment slows down and price competition intensifies
