By 2025, China National Nuclear Power Co.Ltd(601985) operating installed capacity will reach about 70 million KW, and the average annual market scale will exceed 100 billion.
On April 20, the executive meeting of the State Council was held to determine measures to ensure and increase energy supply, so as to improve the guarantee capacity of energy for economic and social development.
It was pointed out at the meeting that nuclear power should be developed in an orderly manner under the premise of strict supervision and ensuring absolute safety. The three new nuclear power unit projects that have been comprehensively evaluated and reviewed and incorporated into the national plan shall be approved.
This is the first time since April 2021 that a new nuclear power project has been approved by the State Council. Before the formal commencement, the nuclear power project must also obtain the construction license issued by the national nuclear safety administration.
It is reported that each of the above three new nuclear power unit projects involves two nuclear power units. In other words, this time there are 6 nuclear power units approved
2025 nuclear power market size is expected to exceed 430 billion yuan
The modern energy system plan for the 14th five year plan released by the national development and Reform Commission and the National Energy Administration in late March proposed to actively, safely and orderly develop nuclear power. On the premise of ensuring safety, we will actively and orderly promote the construction of coastal nuclear power projects and reasonably arrange new coastal nuclear power projects The installed capacity of nuclear power will reach about 70 million kilowatts by 2025
In recent years, China has achieved the start-up and large-scale development of nuclear power, and the installed capacity and power generation of nuclear power have gradually increased. From 2015 to 2020, the national installed capacity of nuclear power increased from 27.17 million kW to 49.89 million KW, with a compound growth rate of 12.9%; Nuclear power generation increased from 171.4 billion kwh to 366.2 billion kwh, with a compound growth rate of 16.4% existing nuclear power generation accounts for a low proportion, which has greater development space compared with the world’s advanced level
Guosen Securities Co.Ltd(002736) said that according to the prediction of China nuclear energy development and prospect (2021) released by China Nuclear Energy Industry Association, China’s third-generation nuclear power will achieve large-scale and batch development at the rhythm of 6-8 units per year. According to rough estimation, the cost of a single nuclear power unit is about 18.2 billion yuan. Conservatively calculated according to the average annual operation of 6 nuclear power units, annual nuclear power market scale is 109.3 billion yuan, and the nuclear power market scale is 437.1 billion yuan before 2025
double the net profit of 17 shares
some companies disclose the progress of nuclear power business
According to the statistics of securities times · databao, there are more than 120 A-shares involving the concept of nuclear power. According to the lower limit of annual report, express report and forecast net profit, the net profit of 17 shares doubled in 2021, such as Nuode Investment Co.Ltd(600110) , Taiyuan Heavy Industry Co.Ltd(600169) , Shanxi Taigang Stainless Steel Co.Ltd(000825) , Yongxing Special Materials Technology Co.Ltd(002756) , Huadian Heavy Industries Co.Ltd(601226) , etc.
Nuode Investment Co.Ltd(600110) net profit growth is the highest. The company is one of the leading copper foil manufacturers in China, with a net profit of 405 million yuan last year, an increase of 74.22 times year-on-year.
According to the statistics of databao, according to the rough calculation of the average transaction price in the range, since April, China Yangtze Power Co.Ltd(600900) , Zhejiang Chint Electrics Co.Ltd(601877) , Yongxing Special Materials Technology Co.Ltd(002756) , Huaneng Power International Inc(600011) , Riyue Heavy Industry Co.Ltd(603218) , and other stocks have been increased by more than 100 million yuan.
Cgn Nuclear Technology Development Co.Ltd(000881) is the first listed company in the application of nuclear technology in China. The electron beam pollution control technology owned by the nuclear environmental protection business is the first in China and the leading in the world, realizing the large-scale application of electron beam pollution control technology. The nuclear medicine business that the company is expanding mainly involves the fields of medical linear accelerator, medical proton heavy ion accelerator, radioisotope and stable isotope.
Dongfang Electric Corporation Limited(600875) its main business covers complete sets of clean and efficient energy power equipment such as wind power, Cecep Solar Energy Co.Ltd(000591) , hydropower, nuclear power, gas power and thermal power. The 2021 annual report mentioned that the nuclear power equipment independently developed by the company has always been safe, stable and reliable after the world’s first reactor of “hualong-1” was put into commercial operation.
Jiangsu Toland Alloy Co.Ltd(300855) is one of the few enterprises in China that can mass produce deformed superalloys and cast superalloys (master alloys and precision castings) at the same time. The 2021 annual report shows that the company provides reactor internals and driving mechanism materials for the construction of nuclear power plants such as Yangjiang, Tianwan and Fuqing.
Suzhou Hailu Heavy Industry Co.Ltd(002255) is mainly engaged in the manufacturing and sales of industrial waste heat boilers, large and special pressure vessels and nuclear safety equipment. The annual report of 2021 shows that the company has obtained important orders for basket barrel, safety injection box, reactor internals spreader and other important orders in the application of “hualong-1” with independent intellectual property rights, cap1400 third-generation nuclear power technology and high-temperature gas cooled reactor nuclear power technology with fourth-generation safety characteristics.
