Last week’s stock market
Power equipment and new energy sector: it rose 2.13% last week, ranking 9th in terms of rise and fall, stronger than the market. In terms of sub sectors, the lithium battery index rose the most last week and the wind power index rose the least.
New energy vehicles: the annual sales volume of new energy vehicles exceeded 3.5 million, Byd Company Limited(002594) won the sales crown
New energy vehicles will perform well in 2021. In December, the sales volume of new energy vehicles was 531000, with a ring increase of 11.1% and a same increase of 113.9%. The cumulative sales volume in 21 years was 352100, with a cumulative same increase of 157.5%. In terms of penetration: in December, the market penetration of new energy vehicles reached 19.1%, and the cumulative penetration of new energy vehicles in the whole year increased to 13.4%. In terms of breakdown of models, Wuling Hongguang Mini became the sales leader in terms of new energy cars, with a cumulative sales volume of 395000 vehicles throughout the year, an increase of 250.7%. In terms of new energy SUV, modely’s sales volume soared, with an annual sales volume of 170000 vehicles and a sales volume of more than 40000 in December, far ahead of the second echelon.
New energy power generation: deepen the reform of “release, management and service” of energy, and the sea breeze is moving towards the era of “big” parity
Recently, the National Energy Administration issued the implementation opinions on deepening the reform of “deregulation and service” in the energy field and optimizing the business environment. The document requires to establish and improve the long-term mechanism of low-carbon energy transformation, simplify the approval (filing) procedures of new energy projects, and ensure the stable supply of energy. In terms of offshore wind power, from the recent bidding situation, the single unit capacity is basically above 8mW, and the large MW model helps to open the era of parity.
Industrial control and power equipment: structural opportunities brought by new power systems
The distribution network side is an important link of power grid investment in the 14th five year plan. With the implementation of carbon peak and carbon neutralization goals, the installed capacity of renewable energy power generation continues to grow. With the large proportion of new energy connected, the demand for power grid investment and construction will remain high. In addition, with the continuous strengthening of the backbone grid, microgrid and distributed energy system relying on distributed new energy power generation, integrated energy management optimization also have great development potential. During the “14th five year plan” period, the power grid investment is expected to remain high, with emphasis on the distribution network side.
This week’s view:
\u3000\u3000 Contemporary Amperex Technology Co.Limited(300750) ， Ningbo Ronbay New Energy Technology Co.Ltd(688005) ， Hongfa Technology Co.Ltd(600885) ， Yunnan Energy New Material Co.Ltd(002812) ， Hunan Zhongke Electric Co.Ltd(300035) ， Longi Green Energy Technology Co.Ltd(601012) ， Sungrow Power Supply Co.Ltd(300274) ， Willfar Information Technology Co.Ltd(688100) 、 Zhejiang Sanhua Intelligent Controls Co.Ltd(002050) 。
Risk tips:
The global epidemic lasted longer than expected, the policy did not meet expectations, and the price fell more than expected due to the intensification of industry competition.
