Core recommended portfolio: Shuangliang Eco-Energy Systems Co.Ltd(600481) , Jingke energy, Ming Yang Smart Energy Group Limited(601615) , Tianjin Zhonghuan Semiconductor Co.Ltd(002129) , Contemporary Amperex Technology Co.Limited(300750) , Yiwei lithium energy
Photovoltaic: wind and solar power stations still implement parity to ensure the economy of new energy installation. Recently, the price department of the national development and Reform Commission issued the letter on the continuation of the parity on grid policy for new wind power and photovoltaic power generation projects in 2022. According to the document, the parity on grid policy will be continued for the newly approved land wind power, newly filed photovoltaic ground power plants and industrial and commercial power plants in 2022. The on grid price will still implement the benchmark price of coal-fired power generation. Without considering the sharp fluctuation of the price of upstream raw materials, the cost of wind power and photovoltaic power will be reduced through technology, The continuous decline of kWh cost and the continuation of parity policy can further optimize the income level, so as to make up for the installed cost of energy storage system, smooth the fluctuation of new energy output and improve the consumption capacity of power system for scenery. It is recommended to pay attention to polysilicon materials and battery faucets Tongwei Co.Ltd(600438) ; Component faucet Longi Green Energy Technology Co.Ltd(601012) , Ja Solar Technology Co.Ltd(002459) ; Large silicon wafer Shuangliang Co., Ltd. Tianjin Zhonghuan Semiconductor Co.Ltd(002129) , Zhejiang Jingsheng Mechanical & Electrical Co.Ltd(300316) ; Inverter taps Sungrow Power Supply Co.Ltd(300274) , Ginlong Technologies Co.Ltd(300763) , Jiangsu Goodwe Power Supply Technology Co.Ltd(688390) ; Photovoltaic auxiliary materials Hangzhou First Applied Material Co.Ltd(603806) , Flat Glass Group Co.Ltd(601865) ; Jiangsu Akcome Science And Technology Co.Ltd(002610) , Suzhou Maxwell Technologies Co.Ltd(300751) , Shenzhen S.C New Energy Technology Corporation(300724) , Risen Energy Co.Ltd(300118) , Jolywood (Suzhou) Sunwatt Co.Ltd(300393) ; Operation of photovoltaic power station Jinko Power Technology Co.Ltd(601778) , Cecep Solar Energy Co.Ltd(000591) , Jiangsu Linyang Energy Co.Ltd(601222) .
Wind power / nuclear power: nuclear power has been approved for four consecutive years, and the output of new nuclear power infrastructure has increased steadily. On April 20, the national Standing Committee approved six new nuclear power projects included in the national plan, namely China National Nuclear Power Co.Ltd(601985) Zhejiang Sanmen Nuclear power project units 3 and 4, Shandong Haiyang nuclear power units 3 and 4, Guangdong Lufeng nuclear power units 5 and 6. Energy security is a prerequisite for ensuring the rapid development of new energy. After last year’s power rationing, new energy needs to be escorted by stable base load energy, and the energy security attribute of nuclear power is in demand. In addition, from 2019 to 2021, China has approved 3, 5 and 6 nuclear power units in a row, and 6 additional units will be approved in 2022. Nuclear power construction is expected to contribute to the steady growth of infrastructure. Recommend Xinjiang Goldwind Science And Technology Co.Ltd(002202) , Ming Yang Smart Energy Group Limited(601615) and parts enterprises with high performance Titan Wind Energy (Suzhou) Co.Ltd(002531) , Shanghai Taisheng Wind Power Equipment Co.Ltd(300129) , Shandong Shuangyi Technology Co.Ltd(300690) , Jinlei Technology Co.Ltd(300443) , Riyue Heavy Industry Co.Ltd(603218) .
New energy vehicles: this week, key enterprises in Shanghai successively resumed work and production, and the industrial chain production gradually recovered. On April 19, Tesla Shanghai Super factory, which had been shut down for 17 days, resumed work, and 8000 employees have arrived. According to Tesla, the company is fully coordinating more than 100 parts manufacturers in the upstream and downstream industrial chain to support the resumption of work and production. Among them, 14 upstream supporting enterprises in Fengxian District have all passed the audit and started to resume production Contemporary Amperex Technology Co.Limited(300750) the factory located in Shanghai Lingang Holdings Co.Ltd(600848) resumed production on April 18 for the production of power battery modules. Starting from April 18, Saic Motor Corporation Limited(600104) subordinate SAIC passenger cars, SAIC Volkswagen, SAIC GM, Huayu Automotive Systems Company Limited(600741) , Anji logistics and other vehicle, parts and logistics enterprises, focusing on the fields of personnel support, supply chain support, logistics support, closed production management and epidemic prevention measures, started the pressure test of resumption of work and production. On April 19, Saic Motor Corporation Limited(600104) completed the resumption of work in the passenger car factory near the port, and the first car was offline under the pressure test of resumption of production. In terms of recommendation, recommend Contemporary Amperex Technology Co.Limited(300750) , Shanghai Putailai New Energy Technology Co.Ltd(603659) , Eve Energy Co.Ltd(300014) , Hunan Changyuan Lico Co.Ltd(688779) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Shandong Fengyuan Chemical Co.Ltd(002805) , Shandong Weida Machinery Co.Ltd(002026) . Guangzhou Tinci Materials Technology Co.Ltd(002709) , Beijing Easpring Material Technology Co.Ltd(300073) , Cngr Advanced Material Co.Ltd(300919) , Hunan Zhongke Electric Co.Ltd(300035) , Shenzhen Dynanonic Co.Ltd(300769) , Yunnan Energy New Material Co.Ltd(002812) , etc.
Risk tip: the installed demand of new energy is less than expected, the new energy power generation policy is less than expected, and the macro-economy is less than expected.
