According to the website of the Ministry of Industry and Information Technology, on February 1, the Ministry of Industry and Information Technology organized the "New Energy Vehicle Industry Development Plan (2021-2035)" (hereinafter referred to as "Planning") preparation work kick-off meeting, for the next stage of China's new energy vehicle development Make the top design. At the meeting, Miao Wei, Minister of the Ministry of Industry and Information Technology pointed out that in the planning and preparation work, it is necessary to take the high-quality development of new energy vehicles as the main line and explore new modes of deep integration of new energy vehicles with energy, transportation, information and communication.
Since the "Energy Conservation and New Energy Vehicle Industry Development Plan (2012-2020)" issued by the State Council in 2012, China's new energy automobile industry has made considerable progress. In 2012, China produced 12,552 new energy vehicles and sold 12,791 new energy vehicles. According to the latest data released by the China Automobile Association, the production and sales of new energy vehicles in 2018 were 1.27 million and 1.256 million, respectively.
In this regard, analysts said that in the past few years, institutional dividends and policy dividends have played a crucial role in accelerating the development of China's new energy vehicle industry. With the launch of the new round of "planning" and the implementation of the future, the development of China's new energy automobile industry is expected to further accelerate the development of the new energy vehicle industry chain listed companies.
Cinda Securities also said that it is estimated that the production and sales of new energy vehicles will exceed 1.6 million in 2019, and it is still driven by the growth of passenger cars. For a longer period of time, the current penetration rate of new energy vehicles is around 4.5% (the penetration rate of mid- to high-end passenger cars of A0 and above is around 3%), and the penetration rate is improved from 3%-4% to 10%. The investment period will increase to approximately 3 million units per year.
For the development trend and layout of the new energy automobile industry chain, Cinda Securities also pointed out that at the current time, we are optimistic about the three major changes in the development stage of the industry: from domestic to global, from low-end to high-end, from policy-driven to market-driven. Optimistic about the high-end passenger car industry chain, 2019-2020 is expected to usher in the resonance of the global market. You can pay attention to the following 9 leading stocks: First, the high-end, high-end passenger vehicle industry chain core targets: Ningde era, Sanhua Zhikong, Xusheng shares, etc. Second, globalization, high barriers in the industrial chain, supply of global links : 璞泰来, 恩捷股份, Dangsheng Technology, etc.; third, marketization, technological upgrading, innovation-driven development: BYD, Xinlun Technology, Xinzhoubang, etc.
AboveBrokerThe recommended nine leading stocks have also been generally favored by the institutions, including Ningde era (24), Dangsheng Technology (15), BYD (13), Xinlun Technology (13) and Xinzhoubang ( 13 households, including 5 stocks in the past 30 days, the institutions have given "buy" or "overweight" and other optimistic rating figures are more than 10. In addition, four stocks including 璞泰来(4), Sanhua Zhikong (3), Xusheng (3) and Enjie (2) have optimistic ratings in the past 30 days. Home and above.
From the performance of the secondary market, among the above 9 stocks, Xinzhoubang (8.44%), Sanhua Zhikong (6.62%) and Ningde Times (6.23%) performed outstandingly, and the cumulative increase during the year exceeded the same period.Shanghai indexDuring the period, it rose by 4.99%. The market is in the forefront, and the institutions are optimistic about the Ningde era, and they are in an absolute leading position in the field of new energy vehicles. In 2018, the total installed capacity of power batteries for new energy vehicles in China was 56.89 GWh, a year-on-year increase of 56.88%. In terms of enterprises, the first two oligarchic enterprises in China, Ningde Times and BYD, accounted for 41% and 20% of the installed capacity in 2018, respectively, accounting for more than 60% of the market share. For the stock, Western Securities said that the company expects to achieve rapid growth in non-net profit in 2018, and the market share in the peak season continues to increase. Considering the huge growth of the passenger car market, the battery quality requirements are higher, the company's capacity expansion is accelerated, and the season battery is high. In short supply, in general, maintain the “overweight” rating.
|Fund code||Fund abbreviation||Unit net value||Handling fee||operating|
|002168||Harvest Smart Car Stock||1.28||1.50% 0.15%||buy Account opening|
|161028||Rich China CSI New Energy Vehicle Index Classification||0.89||1.20% 0.12%||buy Account opening|
|001790||Cathay Pacific Smart Car Stock||0.74||1.50% 0.15%||buy Account opening|
(Article source: Securities Daily)