Core view
Market review: last week, the power equipment sector closed at 8706.4 points, up 2.4%. The Shanghai Composite Index closed at 3047.1 points, down 1.3%; Shenzhen Component Index closed at 110214 points, down 0.3%; Gem closed at 2319.1 points, up 1.0%. Among the sub sections, photovoltaic equipment (Shenwan) increased the most, by 6.2%, and other power supply equipment II (Shenwan) decreased the most, by 2.7%. Among the wind industry indexes, the photovoltaic index had the smallest decline of 1.2%; The wind power index fell the most, at 4.7%. In terms of individual stocks, the top five gainers were: Ceepower Co.Ltd(300062) up 29.51%, Nari Technology Co.Ltd(600406) up 19.49%, Hongfa Technology Co.Ltd(600885) up 14.29%, wangbian electric up 10.01%, Ningbo Orient Wires & Cables Co.Ltd(603606) up 9.94%.
Industrial chain price tracking: the price of polysilicon material this week was 255.00 yuan / kg, up 3.00 yuan / kg or 1.19% from last week; The prices of the first and second tier manufacturers of single crystal 166 silicon wafers were 5.72 yuan / piece and 5.64 yuan / piece respectively, up 0.08 yuan / piece and 0.14 yuan / piece respectively from last week, up 1.42% and 2.55% respectively; The prices of the first and second tier manufacturers of single crystal 182 silicon wafers were 6.87 yuan / piece and 6.79 yuan / piece respectively, up 0.08 yuan / piece and 0.02 yuan / piece respectively from last week, up 1.18% and 0.30% respectively. The prices of single crystal perc166 first and second tier manufacturers were 1.13 yuan / W and 1.11 yuan / W respectively, which remained unchanged compared with last week. The weekly average price of metallic silicon was 2614 yuan / ton, a decrease of 0390 yuan / ton or 1.47% compared with the previous week.
Industry news: CGN new energy has invested 20 billion yuan and plans to introduce components, photovoltaic supports and other projects.
Announcement of key companies: Longi Green Energy Technology Co.Ltd(601012) released the annual report for 2021, with a revenue of 80.932 billion yuan, an increase of 48.27% at the same time; The net profit attributable to the parent company was 2.46 billion yuan, with a net increase of 2.46 billion yuan.
Investment suggestion: focus on photovoltaic diamond line: Henan Hengxing Science & Technology Co.Ltd(002132) ( Henan Hengxing Science & Technology Co.Ltd(002132) . SZ); Offshore wind power submarine cable: Baosheng Science And Technology Innovation Co.Ltd(600973) ( Baosheng Science And Technology Innovation Co.Ltd(600973) . SH), Jiangsu Zhongtian Technology Co.Ltd(600522) ( Jiangsu Zhongtian Technology Co.Ltd(600522) . SH); Silicon carbide substrate: Roshow Technoiogy Co.Ltd(002617) ( Roshow Technoiogy Co.Ltd(002617) . SZ); Hydrogen energy: Hongda Xingye Co.Ltd(002002) ( Hongda Xingye Co.Ltd(002002) . SZ).
Risk warning: the sales of new products are less than expected; Industry competition intensifies risks.
