Investment summary: intelligent coal mining is the only way for the development of coal mining industry. The market scale will exceed 300 billion in 2025
The proportion of coal consumption has decreased year by year, but it is still China's main basic energy and important raw material. According to the statistics of the National Bureau of statistics, the proportion of coal consumption decreased from 62% in 2016 to 56% in 2021, but it is still the most important energy source in China. According to the 13th five year plan for energy development and other relevant documents, coal will be the main energy for a long time.
Current situation of cloud computing industry: the intelligent penetration rate of coal mine is 10%, and the industry space is huge. The intelligent rate of coal mine is 10.51%, which is still in its infancy. By the end of 2020, only 494 intelligent coal mining faces have been built in coal mines in China. For more than 4700 existing coal mines in China, the intelligent rate of coal mines is 10.51%, which is still in its infancy.
Industry trend: intelligence is the inevitable choice of the coal mining industry. Policy, science and technology, safe production and other factors jointly promote the intellectualization of the coal mining industry.
1. Policy: the national competent departments at all levels have successively issued a number of policies and plans. The coal industry is a pillar industry of China's energy industry, and coal mine intellectualization is the key measure to improve efficiency and reduce cost. The national development and Reform Commission, the Energy Bureau, the coal regulatory bureau and other national and industry competent departments have successively issued a number of policies to encourage the development of industry informatization and give clear guidance.
2. Technology: in recent years, the rapid development of 5g, big data, artificial intelligence, Internet of things, cloud computing and other new generation information technologies has provided technical support for the intelligent construction of coal mines.
3. Safety in production: the intellectualization of coal mines has promoted the reduction of mortality per million tons, but there is still much room for improvement compared with developed countries. Over the past decade, thanks to the popularization of coal mine mechanization, informatization and intelligence, the mortality rate of one million tons of coal mines in China has been reduced from 80.3% in 2010 to 4.4% in 2021. According to the data of the U.S. Department of labor, in 2020, the death toll of coal mines in the United States was 5 and that in Australia was 7, equivalent to 1-2% per million tons, which also shows that there is still room for improvement in China's coal mine safety level.
Industry space: in 2025, the market space of smart coal mine will exceed 300 billion. Combined with the assumptions and analysis of production capacity, number of coal mines, penetration rate and intelligent cost of coal mines, it is concluded that the intelligent market scale of China's entire coal industry will reach 333.68 billion yuan in 2025.
Market review:
The performance of the computer industry is relatively weak this week. This week, the market showed structural differentiation as a whole, with the computer section falling by 0.96%, ranking 23 / 31 in shenwanyi industry.
The top ten stocks in the computer industry rose and fell. The top ten stocks of computers rose significantly this week, and hardware (Security) equipment performed better.
The top ten gains in the computer sector mainly focus on smart cities and cloud computing. The top ten stocks in the computer sector this week include smart city, financial it, network security, medical informatization, etc.
Investment strategy:
With the deep development of smart coal mine industry, we believe that information related manufacturers will continue to make profits. The relevant targets are as follows:
Upstream company: Shanghai Baosight Software Co.Ltd(600845) ; Midstream: Beijing Longruan Technologies Inc(688078)
Risk tip: the promotion of network security policy is less than expected, the technical maturity is less than expected, the system construction cost is more than expected, and the application scenario is less than expected.
