Summary: Three departments: Expand government procurement and comprehensively promote green building and green building materials. National Energy Administration: As of the end of September, the national cumulative installed power generation capacity increased by 8.1% year-on-year. National Development and Reform Commission: From 24:00 on October 24, the domestic refined oil prices will be raised according to the mechanism. The China Passenger Car Association: It is expected that the retail sales of new energy vehicles in October will be around 550,000 vehicles, and will increase 73.5% year-on-year. China Southern Airlines orderly resumes international and Hong Kong, Macao and Taiwan routes. Chuanyi Technology: The 2GWh production capacity of the first phase of the sodium ion battery project has been increased to 4.5GWh. Pianzihuang: At present, the company's production and operation activities are progressing normally.
overnight foreign trading
On Monday, Eastern Time, the three major indexes of U.S. stocks collectively closed higher. As of the close, the Dow Jones Industrial Average rose 1.34%, the Nasdaq rose 0.86%, and the S&P 500 index rose 1.19%. In terms of economic data, according to data released by S&P Global Co., Ltd., the initial value of the US Markit Manufacturing Purchasing Managers Index (PMI) in October was 49.9, lower than the expected 51, becoming the lowest value of the data in the past 28 months.
The three major European indexes rose across the board. As of the close, the FTSE 100 index in the UK rose 0.64%, the French CAC40 index rose 1.59%, and the German DAX30 index rose 1.58%.
Hot spots
1. National Energy Administration: As of the end of September, the national cumulative installed power generation capacity increased by 8.1% year-on-year
National Energy Administration: As of the end of September, the national cumulative installed power generation capacity was about 2.48 billion kilowatts, an increase of 8.1% year-on-year. Among them, the installed capacity of wind power was about 350 million kilowatts, an increase of 16.9% year-on-year; the installed capacity of solar power generation was about 360 million kilowatts, an increase of 28.8% year-on-year.
2. Three departments: Expand government procurement, comprehensively promote green buildings and green building materials
0 The Ministry of Finance, the Ministry of Housing and Urban-Rural Development and the Ministry of Industry and Information Technology issued the "Notice on Expanding the Implementation Scope of Policy for Government Procurement Supporting Green Building Materials to Promote Building Quality Improvement". From November 2022, the policy of government procurement supporting green building materials to promote building quality improvement will be implemented in 48 cities (city districts) including Chaoyang District, Beijing. Projects included in the scope of policy implementation include hospitals, schools, office buildings, complexes, exhibition halls, exhibition centers, , gymnasiums, affordable housing and other government procurement projects, including government procurement projects that apply to of the bidding and tendering method. All relevant cities can choose some projects to implement first, and gradually expand the scope based on summarizing experience, so as to achieve full coverage of the implementation of government procurement engineering project policies by 2025. It is encouraged to include other government investment projects in the scope of implementation.
3. National Development and Reform Commission: From 24:00 on October 24, the price of domestic refined oil increased according to the mechanism
National Development and Reform Commission announced that according to the recent changes in the international market oil prices and the current refined oil price formation mechanism, from 24:00 on October 24, 2022, the domestic gasoline and diesel prices (standard products, the same below) will increase by 185 yuan and 175 yuan per ton respectively.
4. Passenger Car Association: It is expected that the retail sales of new energy vehicles will be around 550,000 vehicles in October, a year-on-year increase of 73.5%
Passenger Car Association: Under the pressure of the full-year target, according to the October retail target survey, the year-on-year growth of manufacturers accounting for about 80% of the total market has reached double-digit growth. It is initially estimated that this month's narrow passenger car retail market will be around 1.91 million vehicles, a year-on-year increase of 11.4%, of which the new energy retail sales are around 550,000 vehicles, a year-on-year increase of 73.5%, and the penetration rate of is about 28.8%.
5. China Southern Airlines orderly resumes international and Hong Kong, Macao and Taiwan routes
China Southern Airlines announced on December 1 that it will resume passenger routes from Guangzhou to New York from December 1, with one round trip per week, and will be carried out by Boeing 773 aircraft. Recently, China Southern Airlines International and Hong Kong, Macao and Taiwan have resumed orderly. As of October 20, China Southern Airlines has resumed several popular routes, including 13 routes including Wuhan to Istanbul /Hong Kong, Urumqi to Almaty / Bishkek / Dushanbe / Tashkent , Shenzhen to Moscow / Dubai , Guangzhou to Dubai/London/Frankfurt, Shenyang to Seoul/Hong Kong, etc.
6. The Lingang New Area established a Shanghai Integrated Circuit Talent (Lingang) Industry and Education Base
The fifth phase of the Shanghai Integrated Circuit "Master Lecture Hall" was held in the Lingang New Area.On the same day, the Lingang New Area, Shanghai University , the Integrated Circuit Industry Association and others jointly launched the "Shanghai Integrated Circuit Scarce Talents (Lingang) Industry and Education Base", further deepening the training and training of Shanghai's integrated circuit industry talents, and continuously helping the high-quality development of in the industry.
Theme Opportunities
1. The three departments support the government's procurement of green building materials, and roof photovoltaics has become an important tool
The Ministry of Finance, the Ministry of Housing and Urban-Rural Development and the Ministry of Industry and Information Technology issued a notice that starting from November this year, the government's procurement policy will be implemented in 48 cities (city districts) including Chaoyang District, Beijing, and promote the improvement of building quality, and achieve full coverage of the implementation of government procurement project policies by 2025. The "Government Procurement Requirement Standard for Green Buildings and Green Building Materials" issued at the same time requires that the proportion of photovoltaic power generation that can be installed in the total roof area of office buildings shall not be less than 50%; the proportion of photovoltaic power generation that can be installed in the total roof area of schools, hospitals and other public buildings shall not be less than 40%.
Tianfeng Securities Bao Rongfu said that from the perspective of the industrial chain, the "building + photovoltaic" track has a vast space, which not only provides additional incremental space for the traditional construction industry, but also helps to reshape the business model. In addition to leveraging its own resource advantages in the traditional photovoltaic construction field, construction companies are also extending to the upstream of the industrial chain, transforming component production, and further increasing industrial added value. Related companies include , Jingko Steel Structure , Jianghe Group, etc.
2 and pumped storage projects have been accelerated, with annual approval of more than 30 million kilowatts
According to data from the Pumped Storage Industry Branch, as of October 21, 2022, a total of 35 projects of pumped storage power station have been approved during the 14th Five-Year Plan period, with a total installed capacity of 45.098 million kilowatts and a total investment of approximately 345.1 billion yuan. Among them, 11 power plants were approved in 2021, with a total installed capacity of 13.8 million kilowatts and an investment amount of approximately 89.8 billion yuan. Since 2022, 24 power plants have been approved, with a total installed capacity of 31.298 million kilowatts and an investment amount of approximately 255.3 billion yuan.
analysis believes that pumped energy storage is the most mature technology, the best economy and the most large-scale development energy storage method in the hot energy storage track. The construction of pumped storage power stations is conducive to balancing my country's energy structure, building an energy system dominated by new energy, and helping to achieve the "dual carbon" goal. Since 2021, the state and local government agencies have introduced a series of policies to promote the development of pumped storage, and the construction of projects and implementation of and the implementation have been significantly accelerated. my country has abundant pumped storage resources, price mechanism is smooth, construction is expected to exceed expectations, and industrial chain companies are expected to benefit. Related companies include Zhongyuan Co., Ltd. , Ankuai Zhidian, etc.
3. The two departments issued documents to promote the construction of transportation smart logistics
The Ministry of Transport and the National Standardization Management Committee issued the "Guidelines for the Construction of the Standard System for Transportation Smart Logistics". By 2025, focus on infrastructure, transportation equipment, system platforms, electronic documents, data interaction and sharing, operation services and management, and complete the formulation and revision of key standards, form a reasonable structure, clear levels, comprehensive systems, advanced and applicable, and internationally compatible smart logistics standard system, create a number of typical standards implementation and application projects, continuously improve the standardization level of smart logistics, and provide high-quality standard supply for accelerating the construction of a strong transportation country.
my country has become the world's largest logistics market. According to data released by China Federation of Logistics and Procurement, from 2016 to 2020, the growth rate of my country's smart logistics market size remained above double digits, with the market size reaching 600 billion yuan in 2020, and the market size is expected to exceed one trillion yuan by 2025. According to data from JD Logistics Research Institute, about 49.17% of enterprises still do not use warehousing and logistics automation equipment. As the penetration rate of smart logistics continues to increase, the scale of related markets is expected to expand significantly. Related companies include Tianqi Co., Ltd. , Jingsong Intelligent, etc.
Company News
1, Pianzihuang: At present, the company's production and operation activities are being promoted normally
Pianzihuang (600436) issued an announcement on the performance of the first three quarters on the evening of October 24. Due to the abnormal base of the increase in net profit attributable to shareholders after deducting non-operating items in the third quarter of 2021, the company's net profit attributable to shareholders after deducting non-operating items in the first three quarters of 2022 increased by 2.77% year-on-year. The company's high base in the third quarter of 2021 is as follows: In response to the market speculation on the retail price of Pianzihuang lozeng, starting from June 2021, the company has significantly increased its product supply and alleviated market supply and demand contradictions. At present, the company's production and operation activities are progressing normally, and no major matters should be disclosed and not disclosed.
2. Weifu Hi-Tech: electric drive core parts product mass production
Weifu Hi-Tech (000581) announced on the evening of October 24 that recently, the company has reached project cooperation with a leading international new energy vehicle company on electric drive core parts products and realizes mass production of motor shaft products in advance. In the future, the company will further focus on the mid-to-high-end new energy vehicle market and continue to improve the high-end manufacturing platform capabilities of the core parts business of electric drives. Among them, by 2025, the company's annual production capacity of motor shaft products will reach 5 million pieces, achieving a leading market share for major customers.
3, Luoyang Glass : Signing a long-term procurement contract for photovoltaic glass
Luoyang Glass (600876) announced on the evening of October 24 that the company signed a "Procurement Contract" with Trina Solar and its subsidiaries, reaching an agreement on the company's supply of tempered coated glass products for photovoltaic to Trina Solar and its subsidiaries. The term of the procurement contract signed this time is two years. During the contract term, the company will supply about 30GW of photovoltaic glass products. The final product sales volume and amount shall be subject to the specific order.
4, Jingu Co., Ltd. : Become a wheel supplier for BYD new energy light truck project
Jingu Co., Ltd. (002488) announced on the evening of October 24 that the company recently received a bid notice from Shenzhen BYD Supply Chain Management Co., Ltd. that the company will serve as a wheel supplier for BYD's new energy light truck project to supply its new generation of new energy light truck models.
5. Chuanyi Technology: The 2GWh production capacity of the first phase of the sodium ion battery project has been increased to 4.5GWh
Chuanyi Technology (002866) announced on the evening of October 24 that the sodium ion battery project implemented by the company was originally planned to build 2GWh production capacity in the first phase and 8GWh production capacity in the second phase. Given the large market space and strong demand for sodium ion battery products, combined with the pilot results of the project, it is now planned to move the capacity of part of the planned construction of the second phase of the project forward, and increase the capacity planning of the first phase of to 4.5GWh. The second phase capacity construction plan will be formulated in accordance with the progress of the first phase project and market demand. At present, the installation and commissioning of various production equipment and devices of the company's sodium ion battery project is progressing smoothly, and the pilot production is about to be put into production and operation. The first phase of the project construction will be carried out in an orderly manner as planned.
6. GCL Integration: It plans to invest 8 billion yuan in TOPCon photovoltaic cell and supporting industrial projects
GCL Integration (002506) announced on the evening of October 24 that the company plans to invest in the construction of a 20GW TOPCon photovoltaic cell and supporting industrial production base project in Wanmi District, Wuhu City, with a total investment of 8 billion yuan, and will be invested and constructed in two phases from 2022 to 2024. After the project reaches full capacity, the company's profitability will be effectively improved.
7. Longi Green Energy: The shipment of main products continued to grow from January to September
Longi Green Energy (601012) released its main operating conditions for the first three quarters on the evening of October 24. The shipment of main products continued to grow from January to September, achieving that the shipment of single crystal silicon wafer exceeded 60GW, and the shipment of single crystal modules exceeded 30GW. In terms of new battery technology reserves and industrialization promotion, the company's Xixian Leye annual production 15GW high-efficiency single crystal battery project was officially put into production in September, and the new battery technology HPBC entered the mass production stage; in the same month, the company refreshed the conversion efficiency of HJT batteries to 26.12% on its independently developed P-type M6 full-size single crystal silicon wafer, continuing to maintain its leading position in the industry.
8, Terreide : Terreide plans to establish a subsidiary, positioned as the national headquarters of virtual power plant business,
Terreide (300001) announced on the evening of October 24 that the company's holding subsidiary, Telaideng, plans to establish a wholly-owned subsidiary "Qingdao SHTerreide Virtual Power Plant Technology Co., Ltd." in the Qingdao Shanghai Cooperation Organization Economic and Trade Demonstration Zone, with an investment of 100 million yuan; the new company is positioned as the national headquarters of Telaideng's virtual power plant business, and is committed to building a virtual power plant with the "charging network + microgrid + energy storage network" linked to electric vehicle , promote the construction of a virtual power plant ecosystem and management platform, build an industrial Internet with the charging network as the link, create a new driving force for the SHTerreide industry, and create a green smart energy demonstration zone.
9, *ST Xifa: The subsidiary Lhasa Beer is expected to gradually resume work and production in the near future
*ST Xifa (000752) announced on the evening of October 24 that in order to respond to the epidemic prevention and control work, the company's subsidiary Lhasa Beer will implement temporary suspension of work and production from August 8. Up to now, the local epidemic has been gradually under control. Lhasa Beer has submitted a report on resumption of work and production to the local epidemic prevention and control departments. After meeting the review requirements for resumption of work and production, it is expected to gradually resume production and operation in an orderly manner from the near future.
10, Haohua Energy : No more investment in MCM is expected to reduce and adjust the profit of .34 billion
Haohua Energy (601101) announced on the evening of October 24 that in response to my country's overseas energy investment strategy of no longer investing in new coal-fired power projects, the company decided that its wholly-owned subsidiary Haohua International will no longer increase investment in MCM and will no longer seek to exert a significant impact on the development of MCM Holdings . At present, Haohua International holds 11.7% of MCM shares. According to the relevant provisions of accounting standards , Haohua International must adjust its investment in MCM from long-term equity investment to financial assets accounting, and it is expected to reduce the current profit of about 340 million yuan.
11, Chaohua Technology : Planning for change of control rights. From October 25, suspended trading
Chaohua Technology (002288) announced on the evening of October 24 that the company received a notice from Liang Jianfeng, one of the controlling shareholder and actual controller, that it is planning to transfer to a specific object through the agreement, entrust voting rights and other means, to introduce the specific object to become the controlling shareholder of the company, and the counterparty will hold 18%-22% of the company's shares or voting rights. This matter will lead to a change in the company's actual control rights. The company's stock will be suspended from trading on October 25th, and it is expected to be suspended for no more than 2 trading days.
12, Supor : Net profit in the third quarter increased by 0.16% year-on-year, and plans to pay 12.5 yuan for 10
Supor (002032) disclosed its third-quarter report on the evening of October 24. The company achieved operating income of 4.657 billion yuan in the third quarter, a year-on-year decrease of 10.98%; net profit of 376 million yuan, a year-on-year increase of 0.16%; the company plans to pay dividend of 12.5 yuan (including tax) for every 10 shares. In the first three quarters, the net profit was 1.308 billion yuan, a year-on-year increase of 5.47%.
13, Boss Electrical Appliances : Net profit in the third quarter was 510 million yuan, a year-on-year decrease of 7.62%
Boss Electrical Appliances (002508) disclosed its third-quarter report on the evening of October 24. The company achieved operating income of 2.793 billion yuan in the third quarter, a year-on-year increase of 1.74%; net profit was 510 million yuan, a year-on-year decrease of 7.62%. In the first three quarters, the net profit was 1.234 billion yuan, a year-on-year decrease of 8.11%.
14, Fosun Pharmaceutical : The controlling shareholder terminated the reduction plan ahead of schedule and promised not to reduce the holdings
Fosun Pharmaceutical (600196) announced on the evening of October 24 that the company's controlling shareholder Fosun High-Tech decided to terminate the reduction plan early on October 24, and promised not to reduce the holdings of the company's shares within one year from October 24. From September 14 to September 30 under the share reduction plan, Fosun High-Tech has reduced its holdings of the company by 1.46% of its shares.
15, Shuijingfang: Some directors and senior executives promise not to reduce their holdings of the company's shares
Shuijingfang (600779) announced on the evening of October 24 that the company recently received a letter of commitment from Chairman Fan Xiangfu and Deputy General Manager Xu Yong. Based on their confidence in the company's future sustainable and stable development, they promised that from October 25, 2022 to April 25, 2023, they will not reduce their holdings of the company's shares in any way; if the above commitment is violated, all proceeds from the reduction of shares belong to the company. As of October 24, Fan Xiangfu held 19,350 shares of the company; Xu Yong held 28,524 shares of the company.
