Industry data
Lithium battery: lithium carbonate 326000 yuan / ton (7.95%); The ternary 622 precursor is 142000 yuan / ton (0.00%), and the lithium iron phosphate precursor is 22000 yuan / ton (0%); Three yuan 622 yuan / ton (1.88%); Artificial graphite: 51500 yuan / ton (0%); nine μ M wet base film 1.35 yuan / m2 (0%); Lithium hexafluorophosphate 59000 yuan / ton (4.42%).
Photovoltaic: super dense silicon material 236 yuan / kg (2.61%); Single crystal 166 silicon wafer 5.10 yuan / wafer (3.03%); Single crystal perc 166 cell 1.06 yuan / w (0.95%); Single crystal perc module 1.85 yuan / w (- 1.60%); Coated glass 3.2mm 25 yuan / m2 (0%); EVA adhesive film 15.50 yuan / m2 (0%).
Key announcement
Eve Energy Co.Ltd(300014) (300014. SZ) and Sunresin New Materials Co.Ltd Xi’An(300487) signed the strategic cooperation agreement
The subordinate company of Gem Co.Ltd(002340) (002340. SZ) signed the investment cooperation agreement and foreign investment progress of 150000 T / a iron phosphate project
Putailai (603659. SH) / tiannai Technology (688116. SH) / German nano (300769. SZ) / Yunnan Energy New Material Co.Ltd(002812) (002812. SZ) / {603906. SH) Yangling Metron New Material Co.Ltd(300861) (300861. SZ) / Ningbo Deye Technology Co.Ltd(605117) (605117. SH) annual performance forecast for 2021
Eve Energy Co.Ltd(300014) (300014. SZ) obtained 35.2857% equity of Xinghua lithium salt through bidding and directly held 49% equity of Xinghua lithium salt in total
Market trend
Dianxin index rose by 1.22%, ranking third in the industry; Since 2021, the absolute return of Galaxy stock pool has been 87.84%, and the relative return has been 47.43%.
Investment advice
In terms of new energy vehicles, 1) the passenger Federation raised the sales forecast of new energy passenger vehicles; 2) The subsidy for new energy vehicles will decline by another 30%; 3) Contemporary Amperex Technology Co.Limited(300750) began to provide lithium iron phosphate batteries for Tesla; 4) Byd Company Limited(002594) bid 390 million to win the production quota of 80000 tons of lithium ore; 5) Gem Co.Ltd(002340) subordinate companies signed the investment cooperation agreement and foreign investment progress of 150000 T / a iron phosphate project.
In terms of new energy power generation, 1) silicon materials stabilized and rebounded; 2) UHV planning far exceeds expectations and pays attention to core equipment suppliers; 3) National Energy Administration: implement the price policy related to “selling electricity through partition walls” and promote distributed generation to participate in green electricity trading; 4) The Energy Bureau issued the energy storage grid connection agreement (for Trial Implementation), which provides evidence for energy storage to participate in power grid dispatching; 5) The Indian Minister of Finance promised to implement the basic tariff on Cecep Solar Energy Co.Ltd(000591) batteries and components on April 1.
Investment strategy: China Shanxi Guoxin Energy Corporation Limited(600617) automobile has changed from policy guidance to consumption driven mode. Globally, the European market will break out in 2020, China will achieve leapfrog growth in 2021, and the United States is expected to become the new main force in 2022. In the fields of superimposed energy storage, 3C, two wheeled vehicles and electric tools, the demand for lithium batteries is booming, and the prices of resources and materials are rising step by step. The dual carbon goal provides long-term deterministic guidance for renewable energy, and new energy has changed from centralized development to centralized and distributed development. In 2022, the photovoltaic industry will embrace the silicon material price reduction cycle, and the industrial chain price will gradually return to a reasonable range. Lithium battery is optimistic about battery leaders, overseas expansion of new customers and material manufacturers with tight supply and demand and strong bargaining power; It is suggested to grasp the three main lines of “inverter, integration and auxiliary materials”; The power grid pays attention to energy storage, distribution network, UHV, information system, etc; In addition, wind power, hydrogen energy and nuclear power also deserve attention.
Core recommended targets: Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , Beijing Easpring Material Technology Co.Ltd(300073) , Yunnan Energy New Material Co.Ltd(002812) , Longi Green Energy Technology Co.Ltd(601012) , Tongwei Co.Ltd(600438) , Sungrow Power Supply Co.Ltd(300274) , Nari Technology Co.Ltd(600406) , Ming Yang Smart Energy Group Limited(601615) , Shenzhen Inovance Technology Co.Ltd(300124) .
