Industry data
Lithium battery: lithium carbonate 467000 yuan / ton (- 5.47%); 166000 yuan / ton (1.22%) for ternary 622 precursor and 25200 yuan / ton (5%) for lithium iron phosphate precursor; RMB 3.622 million yuan / ton (0%); Artificial graphite 53000 yuan / ton (2.91%); nine μ M wet base film 1.48 yuan / m2 (4.23%); Lithium hexafluorophosphate 415000 yuan / ton (- 4.60%).
Photovoltaic: super dense silicon material 252 yuan / kg (0%); Single crystal 166 silicon wafer 5.64 yuan / wafer (0%); Single crystal perc166 cell 1.13 yuan / w (0.89%); Single crystal perc module 1.86 yuan / w (0%); Coated glass 3.2mm27 RMB 0 / m2; EVA film 14.5 yuan / m2 (0%).
Key announcement
At the same time of the \ / State Grid Yingda Co.Ltd(600517) / Shandong Shuangyi Technology Co.Ltd(300690) / Shenzhen Topraysolar Co.Ltd(002218) / Yangling Metron New Material Co.Ltd(300861) / Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) / Ningbo Deye Technology Co.Ltd(605117) : annual report for 2021
\ Sieyuan Electric Co.Ltd(002028) / Luoyang Xinqianglian Slewing Bearings Co.Ltd(300850) / Cybrid Technologies Inc(603212) / Tbea Co.Ltd(600089) : report for the first quarter of 2022
Market trend
Dianxin index rose – 4.1% this week, ranking 13th in the industry. Since the beginning of the year, the absolute return of Galaxy stock pool has been – 26.76%, and the relative return is 5.98%.
Investment advice
In terms of new energy vehicles, 1) Ningde power exchange station will be built in Xiamen, and 30 will be built before the end of the year; 2) Tesla made $3.3 billion in the first quarter; 3) The top 20 of Q1 electric vehicle sales in the United States was released, and modely won the championship; 4) Gotion High-Tech Co.Ltd(002074) signed a contract with Geely and won three more orders; 5) Tesla Shanghai factory resumed work; 6) Shanghai automobile industry chain: after the white list, more enterprises urgently need to return to work.
In terms of new energy power generation, 1) National Energy Administration: 13.2gw of new photovoltaic installed capacity; 2) Polysilicon 14 continued to rise, and the cost of all links in the photovoltaic industry chain continued to rise; 3) Longji plans to invest in the pilot project of 1.2gw heterojunction photovoltaic cells.
Investment strategy: from the perspective of short-term game, 1) photovoltaic: the international situation is turbulent, the war between Russia and Ukraine is escalating, the global demand for getting rid of the constraints of traditional resources such as oil and natural gas is strong, and the value of new energy is prominent. In 2022, China’s installed capacity of 1-3 moonlight volts was 13.2gw, a year-on-year increase of 147%. It is suggested to grasp “inverter, auxiliary materials and new technology”, and recommend Longi Green Energy Technology Co.Ltd(601012) ( Longi Green Energy Technology Co.Ltd(601012) ), Ja Solar Technology Co.Ltd(002459) ( Ja Solar Technology Co.Ltd(002459) ), Sungrow Power Supply Co.Ltd(300274) ( Sungrow Power Supply Co.Ltd(300274) ), Ginlong Technologies Co.Ltd(300763) ( Ginlong Technologies Co.Ltd(300763) ), Hangzhou First Applied Material Co.Ltd(603806) ( Hangzhou First Applied Material Co.Ltd(603806) ), Jingke energy (688223), Xinjiang Daqo New Energy Co.Ltd(688303) ( Xinjiang Daqo New Energy Co.Ltd(688303) ), etc. 2) Energy storage: a key link in energy transformation. It is recommended to Pylon Technologies Co.Ltd(688063) ( Pylon Technologies Co.Ltd(688063) ), Hemai shares (688032), etc.
From the perspective of long-term value, 1) lithium battery: in 2022, electric vehicles will maintain high popularity, thus stimulating the demand for lithium battery. However, due to the epidemic in the short term, the insufficient supply of automobile industry chain has become the focus of the market. Recommended battery taps Contemporary Amperex Technology Co.Limited(300750) ( Contemporary Amperex Technology Co.Limited(300750) ), Eve Energy Co.Ltd(300014) ( Eve Energy Co.Ltd(300014) ), etc; Grasp two main lines in the material link: expand new customers overseas, Beijing Easpring Material Technology Co.Ltd(300073) ( Beijing Easpring Material Technology Co.Ltd(300073) ), Cngr Advanced Material Co.Ltd(300919) ( Cngr Advanced Material Co.Ltd(300919) ), Shenzhen Kedali Industry Co.Ltd(002850) ( Shenzhen Kedali Industry Co.Ltd(002850) ), etc; Tight supply and demand, strong bargaining power, Yunnan Energy New Material Co.Ltd(002812) ( Yunnan Energy New Material Co.Ltd(002812) ), Shenzhen Dynanonic Co.Ltd(300769) ( Shenzhen Dynanonic Co.Ltd(300769) ), Hunan Zhongke Electric Co.Ltd(300035) ( Hunan Zhongke Electric Co.Ltd(300035) ), Ningbo Shanshan Co.Ltd(600884) ( Ningbo Shanshan Co.Ltd(600884) ), Jiangsu Cnano Technology Co.Ltd(688116) ( Jiangsu Cnano Technology Co.Ltd(688116) ), etc. 2) Power grid: under the background of “steady growth”, in line with the great development of new energy, the power grid has ushered in a golden development period. We will embrace new power grid and new digital infrastructure technologies, and steadily promote new power grid infrastructure transformation. Recommend leaders in the field of information automation State Grid Information&Communication Co.Ltd(600131) ( State Grid Information&Communication Co.Ltd(600131) ) and Nari Technology Co.Ltd(600406) ( Nari Technology Co.Ltd(600406) ), etc.
