Events
On April 19, 2022, the Shanghai Composite Index closed at 319403 points, down 0.05%; Shenzhen composite index closed at 1163332 points, down 0.50%; The power sector index closed at 290909 points, up 0.92%. Among them, the top three companies in the photovoltaic power generation sector are: Tunghsu Azure Renewable Energy Co.Ltd(000040) ( Tunghsu Azure Renewable Energy Co.Ltd(000040) . SZ, 1.27%), Jiangsu Linyang Energy Co.Ltd(601222) ( Jiangsu Linyang Energy Co.Ltd(601222) . Sh, 1.07%), Lingda Group Co.Ltd(300125) ( Lingda Group Co.Ltd(300125) . SZ, 0.85%); The top three companies in the thermal power sector are: Xinjiang Tianfu Energy Co.Ltd(600509) ( Xinjiang Tianfu Energy Co.Ltd(600509) . Sh, 3.70%), Guangdong Electric Power Development Co.Ltd(000539) ( Guangdong Electric Power Development Co.Ltd(000539) . SZ, 2.81%), Jiangxi Ganneng Co.Ltd(000899) ( Jiangxi Ganneng Co.Ltd(000899) . SZ, 2.32%).
Comments
Jiangxi development and Reform Commission issued a notice on printing and distributing the action plan for promoting the steady growth of industrial economy in Jiangxi Province. The notice proposes to strengthen the construction of energy storage and regulation capacity such as pumped storage, improve emergency standby and peak shaving capacity, continue to promote the construction of energy production, supply, storage and marketing system, improve the level of energy reserves, strengthen local refined oil reserves, and formulate the provincial power security plan, annual orderly power use work plan, natural gas orderly gas use plan and natural gas supply guarantee plan to ensure the energy demand in key areas. Promote the consumption of new energy vehicles, accelerate the construction of charging and replacement power stations, continue to promote the construction and transformation of distribution network, improve the distribution capacity of residential areas, and vigorously improve the utilization rate of charging piles. We believe that the current energy supply and demand is still tight, and under the growing demand for electricity, the issue of energy security can not be ignored. Since this year, pumped storage construction has been mentioned in a number of policy documents. Under the premise of unstable wind power generation, energy storage construction may usher in rapid development. It is suggested to pay attention to the leading enterprises actively arranged in the energy storage industry.
Industry dynamics
1. In the field of clean energy, China Development Bank focused on promoting the construction of large-scale wind power and photovoltaic power generation bases and the implementation of projects in key green and low-carbon areas such as pumped storage, hydropower and nuclear power. In the first quarter, it issued 76.5 billion yuan of clean energy industry loans, with an increase of 48.8 billion yuan over the previous year, supporting the million kilowatt wind power base in Shangdu, Baotou mining and subsidence area Fengning phase II pumped storage power station and other key major projects. (China Development Network)
2. In the first quarter of this year, the transformation of national energy group accelerated. In the first quarter, the total investment completed was 19.16 billion yuan, a year-on-year increase of 66.4%. New energy completed an investment of 8.08 billion yuan, a year-on-year increase of 99.4%. In the same period, the group’s largest 500000 T / a carbon dioxide capture and resource-based energy utilization technology research and demonstration project in China started. (interface News)
Company dynamics
Guangdong Baolihua New Energy Stock Co.Ltd(000690) ( Guangdong Baolihua New Energy Stock Co.Ltd(000690) ): the annual report of 2021 was released. In 2021, the company’s operating revenue was 9.411 billion yuan, a year-on-year increase of 31.44%; The net profit attributable to shareholders of listed companies was 824 million yuan, a year-on-year decrease of 54.65%. （iFinD）
Risk tip: the fluctuation of the epidemic situation is higher than expected, and the policy promotion is lower than expected.
