① the two departments print and distribute the “14th five year plan for water security” and the power of water conservancy infrastructure is imminent
The national development and Reform Commission and the Ministry of water resources jointly issued the water security plan for the 14th five year plan. The plan specifies that by 2025, the ability to prevent flood and drought disasters, the ability to save, intensively and safely use water resources, the ability to optimize the allocation of water resources, the ability to protect and control rivers and lakes will be further strengthened, and the national water security guarantee ability will be significantly improved.
Guotai Junan Securities Co.Ltd(601211) said that the economic work in 2022 will focus on stable growth. As one of the important infrastructure fields, water conservancy has the characteristics of strong social benefits, large investment absorption and long industrial chain. The development of water conservancy is expected to fully boost demand, create employment and make an important contribution to achieving the goal of steady growth. In terms of medium and long-term planning, during the 14th Five Year Plan period, water conservancy construction will achieve high-quality development from the four investment directions of flood control, water supply, intelligent water conservancy and ecological restoration. Its investment growth rate is expected to enter a new round of growth period driven by the accelerated implementation of 150 major water conservancy projects. Recommended Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) , China Railway Group Limited(601390) , China Liansu, etc.
② the UHV project will be approved and accelerated in 2022, and the UHV construction scale will be unprecedented in the next four years
China Energy News reported that the approval of UHV projects was accelerated this year, and all planned projects are expected to be approved. The scale of UHV construction in the next four years is unprecedented. During the 14th Five Year Plan period, the State Grid planned to build the “24 AC and 14 DC” UHV project, involving more than 30000 kilometers of lines, 340 million KVA transformation capacity and a total investment of 380 billion yuan. According to informed sources, “in 2022, the State Grid plans to start 13 UHV lines of \’10 AC and 3 DC\’.
China Securities Co.Ltd(601066) analyst Zhu Yue predicted that during the “14th five year plan” period, the UHVDC project will accelerate, and the DC business revenue of converter valve, thyristor for high voltage DC valve and other related enterprises will exceed the peak in 2017.
Dongguan Securities pointed out that concerned about the intensive introduction of policies related to UHV power grid construction and the continuous implementation of investment and construction, the orders of UHV appliances are expected to increase and the market scale is expected to expand. As the market structure of UHV electrical appliance industry is stable, it is suggested to pay attention to the leading enterprises Tbea Co.Ltd(600089) , Xj Electric Co.Ltd(000400) , Nari Technology Co.Ltd(600406) with leading core technology industry and high market share.
③ folding screen mobile phones will quickly and in large quantities, and the industrial chain company is expected to benefit
The Shanghai Securities News reported that Zhao Ming, CEO of glory Terminal Co., Ltd., said that the preconditions for the folding screen to enter the main engine era have been mature, including pricing. I think the folding screen mobile phone will enter a year of rapid volume in 2022. He said, “in 2021, the folding screen mobile phones in the Chinese market may still be at the level of one million, and there must be no problem from 2022 to ten million. The specific scale depends on the satisfaction of the whole supply chain and the acceptance of consumers to the products made by each family. The experience is still the most important.”
Citic Securities Company Limited(600030) it is estimated that the annual compound growth rate of the shipment of folding screen mobile phones will exceed 90% in five years, and it is expected to exceed 65 million units by 2025. Although the industry is still facing difficulties in structural design, flexible modules, hinges, product ecology and so on, the subsequent iterative upgrading will be accelerated, and the overall industry growth and related industrial chain companies are optimistic. It is recommended to pay attention to Triumph Science & Technology Co.Ltd(600552) , Anhui Tatfook Technology Co.Ltd(300134) , etc.
(source: First Finance)
