weekend news: On the last trading day of this week, US stock ushered in a gorgeous counterattack. Investors continued to weigh the possibility of slowing down the pace of interest rate hikes and corporate performance. The stock market opened low and closed high, recording its best single-week performance since June. The three major U.S. stock indexes closed higher across the board, with the Dow Jones Industrial Average rising 2.47%, the Nasdaq rose 2.31%, and the S&P rising 2.37%; the large technology stocks and the anti-epidemic concept stocks collectively rising.
1. The direction of nuclear power ushered in a period of rapid development
News: Recently, the State Council decided to approve the second phase of the nuclear power project in Zhangzhou, Fujian and Lianjiang, Guangdong. This is the second time that the State Council approved three nuclear power projects in April 2022. It is the year after China approved the largest number of nuclear power projects and units after 2008. Subsequent nuclear power approval is expected to accelerate. In addition, China Nuclear Corporation announced that China's new generation of " artificial sun " (HL-2M) plasma current exceeded 1 million amperes (1 megaamp), creating a new record of operation of China's controllable nuclear fusion device, marking that China's nuclear fusion research and development has taken an important step from fusion ignition, ranking among the world's first echelon, and its technical level ranks among the forefront of the international level.
Nuclear power is a clean energy with stable output, and its role is highlighted in an environment where the proportion of new energy is constantly increasing, the fluctuations in output are increasing, and carbon emissions are tightening. According to the "14th Five-Year Plan for Modern Energy System", by the end of the "14th Five-Year Plan", the domestic annual installed capacity of nuclear power operation will reach 70 million kilowatts, with nearly 30% growth space.
Currently among the nuclear power concept stocks, Yongxing Materials, Dunan Environment , and Kexin Mechanical and Electrical have released performance forecasts for the first three quarters, with good performance forecasts. Among them, Yongxing Materials is the company with the largest performance growth. The company is a leading domestic stainless steel long material enterprise. After downstream deep processing, the products have been successfully used in multiple nuclear power projects at home and abroad. The company predicts that the net profit in the first three quarters will be 4.183 billion yuan to 4.403 billion yuan, and will increase 660% to 700% year-on-year.
Antai Technology As an exclusive supplier, it provides batches of upper-bias filter full tungsten composite components for my country's "artificial sun" EAST large-scale scientific engineering equipment. The company is also an important supplier of the previously international thermonuclear fusion experimental reactor ITER tungsten copper composite components.
Yingliu Co., Ltd. is a leading enterprise in the field of special equipment parts production and an important supplier of core enterprises in my country's nuclear power, oil and gas and aviation fields.
Newway Co., Ltd. is a leading domestic industrial valve supplier with comprehensive strength. The company has entered the field of nuclear power valve manufacturing, and its products include nuclear power valves.
China Nuclear Construction is mainly engaged in the construction of military engineering, nuclear power engineering, industrial and civil engineering. It is one of the important contractors for national defense and military engineering in my country and a leading enterprise in nuclear power engineering construction in my country. It represents the high level of nuclear power engineering construction in my country.
2. Large energy storage may usher in an explosive period
2021 is the transition year for the domestic energy storage industry to move from commercialization to large-scale development. With the intensive introduction of energy storage policies at the national and local levels, the energy storage development model in various links has gradually matured in the exploration. In the medium and short term, the requirements for new energy storage distribution are the core driving factors of the domestic energy storage market. The independent/shared energy storage profit model in some provinces has been initially established, and it is expected to contribute a large increase in the future. In 2022, due to cost factors, the overall implementation pace of domestic energy storage projects is slow. The prices of photovoltaic modules and energy storage batteries are expected to fall in 2023. It is expected that the pace of project construction will significantly accelerate. In the first three quarters of 2022, the bidding scale of domestic energy storage projects exceeded 60GWh, and the global energy storage industry may have a larger explosion in 2023.
2022 In the first half of 2022, due to the epidemic, shortage of silicon materials, high installation costs and other aspects, the construction progress of large-scale wind and solar projects was relatively slow. In the first half of the year, the installed capacity of new wind power and ground photovoltaic in China was only 12.9GW/11.2GW, which is a certain gap from the previous expectations.Considering that domestic fan bidding has continued to increase in volume since 2021, and the output of photovoltaic silicon materials has also increased substantially since the fourth quarter (in July and August, factors such as maintenance, power restrictions, and epidemic situation have not been fully released), we have a positive attitude towards the installation of large domestic scenery projects in the second half of 2022 and 2023, and the corresponding supporting energy storage is also expected to be implemented at an accelerated pace.
To sum up, the domestic energy storage industry has officially entered the fast lane of development. We estimate that the scale of new domestic energy storage installed capacity in 2025 is expected to exceed 100GWh, corresponding to the compound growth rate of 2022-2025 exceeds 100%. From a structural perspective, we expect that new energy supporting energy storage will be the first to increase in volume during the 14th Five-Year Plan period, and energy storage on the grid and user side will be launched on a large scale.
related industry chain analysis: (1) Temperature control link, related target Yingweike and Tongfei Co., Ltd.; (2) Leading PCS and system integration manufacturers with high overseas proportion and good profit-realization, related target Sunshine Power and Shenghong Co., Ltd.; (3) PCS/integrated manufacturers with deep accumulation of large reserves and breakthroughs in household reserves, related target kehua data, Keshida ; (4) Supporting suppliers of global energy storage leaders such as Huawei and Ningde, related target Desai battery and Nebula Co., Ltd. .
3, monster stock market has quietly started
After the festival, the market slowly returned to its former style. First, a wave of trend rises from Rainbow Group, allowing the market to see how hot money has pulled up monster stocks under the new regulatory background. The explosion of the direction of information innovation has driven the speculation in the entire market. Among them, Guomai Technology has been in 8 consecutive rounds, tying the records set by Dagang Co., Ltd. after the new abnormal regulations. Insider, Infeituo and Nantian Information have performed well recently, and even Jingyeda has taken the leading trend similar to Rainbow Group, and is not afraid of the risk of temporary suspension.
, and in the direction of pharmaceutical stocks, Dabo Medical , Shuangcheng Pharmaceutical , Wanfang Development, Huasen Biology and other monster stocks have also risen. From the perspective of short-term hot money speculation, all the hot money that was resting before the holiday has come out to work, among which stock speculation is the most active, Chen Xiaoqun, , new one, Ningbo Jiefangnan also frequently takes action, indicating that the market sentiment has begun to improve, and the entire market has shown the atmosphere of short-term hot stock speculation and leading stocks. If such speculation can be continued next week, the short-term market for monster stocks may begin. We can use the leading stock strategy to seize the opportunities of leading stocks.
