Yesterday, the two cities fluctuated within a narrow range, and the electrical equipment sector rose against the trend, ranking first in the 28 industry sectors of Shenwan. Yesterday, Shenwan Electric Equipment Industry Index rose 1.71%, 11 stocks in the sector rose daily, and many stocks rose more than 5%.
For the electrical equipment industry, analysts said that from the perspective of the entire industry chain of photovoltaics, after experiencing the competition of new and old production capacity, 2019 will be the breakthrough year for affordable Internet access, and continue to be optimistic about high-quality leading companies. From the middle and upper reaches, the concentration of the industry is improving, and the advantages of high-quality leading are prominent. From the middle and lower reaches, there are still opportunities for change, especially in the battery end and downstream distributed end, optimistic about the companies with breakthroughs in these two places.
The sector rose against the market
Yesterday, the electrical equipment industry sector rose against the market, within the sectorsunflower,Baobian Electric,Yan Wei Xinneng,Wind Fan,Zhongyuan,Heshun Electric,Confidence ElectricWait for 11 stocks to limit daily,Zhonglai shares,Sunshine power,Jiuzhou ElectricAnd other stocks rose more than 7%, in addition toKstar,Zhongneng ElectricAnd so many stocks rose more than 5%. The electrical equipment industry has risen sharply, and the industry's gains rank first in the 28 industries of Shenwan.
From the rising stocks in the electrical equipment industry, sunflower, Weiwei Xinneng, Heshun Electric and many other daily limit stocks are photovoltaic concept stocks. The important factor of the PV concept stocks is that the National Development and Reform Commission and the Energy Bureau jointly issued the "Notice on Actively Recommending Wind Power, Photovoltaic Power Generation without Subsidy Affordable Internet Access", and put forward relevant requirements and support policies for new energy unsubsidized projects from 2019 to 2020.
Analysts said that with the large-scale development of wind power and photovoltaic power generation and rapid technological advancement, in areas with good resources, low construction costs, and good investment and market conditions, they have basically achieved parity with coal-fired benchmarks (no national subsidies required). conditions of. This document issued further policy support for photovoltaic and wind power unsubsidized projects from various measures such as construction scale, investment environment, guarantee consumption, network construction and market-oriented transactions. The National Energy Administration does not limit the scale of the “unsubsidized parity online project”, but decentralizes this management authority to the provincial level, and requires the grid company to guarantee the consumption of unsubsidized projects and sign long-term fixed electricity prices for not less than 20 years.contract. Ensure that unsubsidized projects have a reasonable level of income, which will create a steady increase in demand for photovoltaic and wind power markets and enhance market confidence.
Industry leader is expected to perform
Last week, wind power projects in various parts of China were intensively approved, of which Jiangsu approved an offshore wind power project, Fujian approved two offshore wind power projects, and Shandong approved 11 wind power projects, totaling about 1.5 GW, and wind power approval accelerated.
For investment in the electrical equipment industry,The Pacific OceanSecurities said that the wind power approval accelerated, the industry began to warm back and forth from 2018, onshore wind power steadily increased, offshore wind power or ushered in the outbreak period, the elasticity is greater, it is recommended to arrange the offshore wind power related targets in advance. In terms of photovoltaics, PV faucets can be laid out in advance, and after the parity, high-speed development will be ushered in.
Tianfeng SecuritiesIt said that overseas demand supported the PV industry to return to growth, and the manufacturing sector leader had investment value. The PV industry was affected by the policy in 2018, and the domestic market demand fell. In 2019, domestic PV installed demand is expected to remain stable. For the domestic photovoltaic manufacturing industry, the low-cost leading enterprises will further increase their market share next year, optimistic about the polysilicon material leadingTongwei shares, monocrystalline silicon wafer faucetLongji shares,Central Shares, it is recommended to pay attention to photovoltaic glassXinyi Solar Energy, film faucetFosterWait. In addition, wind power recovery is expected to continue in 2019, continue to be optimistic about wind power recovery, the target side is recommended in the low-expectation stage of the domestic wind tower leading enterprises.
(Article source: China Securities Journal)