Index
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%; Photovoltaic index closed at 381637 points, up 0.57%. The wind power index closed at 233344 points, up 0.36%. Among them, the top three companies in the photovoltaic industry are: Wuxi Autowell Technology Co.Ltd(688516) ( Wuxi Autowell Technology Co.Ltd(688516) , 9.07%), Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) ( Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) , 5.87%), Shuangliang Eco-Energy Systems Co.Ltd(600481) ( Shuangliang Eco-Energy Systems Co.Ltd(600481) , 5.69%). The top three companies in the wind power industry are: Zhongmin Energy Co.Ltd(600163) ( Zhongmin Energy Co.Ltd(600163) , 3.89%), Sungrow Power Supply Co.Ltd(300274) ( Sungrow Power Supply Co.Ltd(300274) , 2.57%), Jiangyin Hengrun Heavy Industries Co.Ltd(603985) ( Jiangyin Hengrun Heavy Industries Co.Ltd(603985) , 2.39%).
Comments
In the first quarter of 2022, Shandong Province actively expanded the grid connection and consumption capacity of renewable energy, and the renewable energy increased steadily, with the total installed capacity exceeding 60 million KW, a year-on-year increase of 31%. Since this year, Shandong wind power generation has exceeded 18 billion kwh; At present, two pumped storage power stations, Taishan and Yimeng, have been built in Shandong, with a total capacity of 2.2 million KW, generating 580 million kwh this year. At the end of March, Shandong’s first EHV power grid construction project in 2022 – 500kV Guangzhou substation expansion project was put into operation. As the hub substation of Jiaodong Peninsula, the project will provide strong grid support for the consumption of offshore scenery. At the same time, focusing on the 10 million kilowatt wind and water storage integration base in the saline alkali beach of northern Shandong, Shandong is accelerating the construction of eight 500 kV transmission channels of clean energy “north to South Power Transmission”. Recently, the photovoltaic industry has been disturbed by the epidemic, some factories have been shut down and logistics have been blocked, resulting in a significant correction in the overall sector. However, we believe that the overall industry scale still maintained a growth trend with the support of policies, and the installed capacity of new energy in all provinces and cities increased steadily in the first quarter. In the long run, the new energy sector under the energy transformation policy is still a high-quality track worthy of attention. In the short term, Shanghai’s gradual resumption of work from the epidemic and the introduction of logistics guarantee policies have a certain boost to the market. It is suggested to actively and reasonably allocate in the current market with relatively low valuation.
Industry dynamics
With the last fan impeller and engine room accurately connected in place, it marks the completion of the fan hoisting of Shaanxi Yulin Hengshan hancha 20MW distributed wind power project of Chifeng thermal power plant, which has laid a solid foundation for the full capacity grid connected power generation of Chiheng wind farm. Hengshan hancha 20MW distributed wind farm project is located in hancha Town, Hengshan District, Yulin City, Shaanxi Province, with a total investment of 168 million yuan. The total installed capacity of the project is 20MW, and six direct drive wind turbines with a single unit capacity of 3350kw are installed. The annual equivalent full load hours of the wind farm is 2193 hours, which can provide 44.73 million kwh of clean electric energy for the power grid every year. (Polaris power grid)
Company dynamics
Jiangsu Akcome Science And Technology Co.Ltd(002610) ( Jiangsu Akcome Science And Technology Co.Ltd(002610) ): the company released the first quarter report of 2021. During the reporting period, the company achieved an operating revenue of RMB 990 million, a year-on-year increase of 121.04%, a net profit of RMB -23 million attributable to shareholders of listed companies, a net profit of RMB 78 million excluding non recurring losses and EPS of RMB -0051 per share attributable to shareholders of listed companies. （wind）
Risk warning: the epidemic situation fluctuates beyond expectations and the risk of policy change
