Category: Money tips Release Date: 2006-06-23
Source: Fortune Securities Author: Peng Yan Zhao
There is no doubt Recently sustained repeated attacks by the center line of the main varieties are in line with the country's future industrial policy to support the species, desulfurization environmental Musketeers in G Long net (600,388), and G Fida (600,526) are currently on the market is undoubtedly a rare a strong and sustainable increases in stocks. Even the G Insigma Technology (600797) have been high. According to the forecast, the next four years, the market size of flue gas desulfurization will hit a staggering 60 billion! In the secondary market be able to share this piece of cake but just only 67 listed companies. It is clear that the mainstream market, large capital market for flue gas desulfurization was spotted this quick big cake varieties of flue gas desulfurization planned midline Jiancang, with the deepening of Quotes, I believe that the plate will be more than the favor of big money . Follow this line of thought, we recommend investors to strong concern also is the only no pull Changyang Three Musketeers, one of the desulfurization of flue gas desulfurization green giant Walt G (000,915), next week is expected to be fierce attack on big money, it is recommended to focus on !
Green giant 60 billion yuan desulphurization market share the big cake
With the gradual opening of capital markets in line with the country's future industrial policy in particular is consistent with "Eleventh Five-Year Plan" of the industry will largely be a huge domestic and foreign funds to focus on. State Environmental Protection Administration, according to preliminary estimates, "Eleventh Five-Year" period, China's investment in environmental protection society as a whole is expected to reach 1.375 trillion yuan, of which invest in desulfurization industry will account for nearly 10%, or 137.5 billion yuan. Control of air pollution, sulfur dioxide and nitrogen dioxide is China's urban air pollution "source first", according to the forecast that by the end of 2006, the country will build a flue gas desulphurization facilities in thermal power units will reach 60 million kilowatts, the annual capacity of 2.6 million desulfurization t. Environmental and Resources Development and Reform Commission [2005] No. 757 document "to speed up the thermal power plant flue gas desulphurization industrial development of a number of opinions" clearly anticipated in the next 10 years, about 300 million kilowatts installed capacity of flue gas desulphurization plant put into operation and construction of . In other words, since 2007 - in 2010 there will be 240 million kilowatts of desulphurization facilities for the demand, with an annual construction volume will reach 60 million kilowatts, the figure is the sum of the previous built facility. According to the present, desulfurization project construction cost 210 yuan / kilowatt-hour meter, the market size will reach 50 billion yuan. If you take into account the irregularities in the construction of thermal power projects market size may be greater, according to NDRC data by the end of July 2005 in the construction of thermal power project of 1.2 million kilowatts, over the same period, there are 130 million plant under construction in non-compliance, if these plants eventually operational, will undoubtedly further increase the desulfurization facilities in demand, market size could reach 60 billion yuan! This will undoubtedly enhance the desulfurization environmental industry market space, thus the rise of the environmental protection industry. The G Walter (000,915) holding subsidiary of Shandong Alexander Walt environmental companies (accounting for 70.2% stake) is the large-scale coal-fired boiler flue gas desulphurization project general contractor, the introduction of international advanced level in the United States Marsulex's flue gas desulfurization technology with world-class R & D center flue gas desulfurization, the State Key Laboratory of flue gas desulfurization and flue gas desulphurization equipment production base in China with desulphurization technology leader in the full enjoyment of the lucrative markets.
Development prospects for the future performance of steady growth
Walter G (000,915) is the earliest research and development, but also the current domestic production of the largest, oldest and most powerful technical research and development capabilities of chlorine dioxide generator, disinfectant professional manufacturing enterprise, with five national invention patents, five Xiang utility model patents, and has formed eight series of more than 100 specifications of products of chlorine dioxide generators, as well as more than ten series of products specifications of sanitation and disinfection. Company's subsidiaries following the adoption of environmental protection under the ISO9001 international quality standard system authentication After that, it passed the ISO14000 international environmental management system certification, becoming the first company within the industry through the "double certification" of the enterprises, and acquire "high-tech enterprise in Shandong Province," the title of . In the flue gas desulfurization, the company from the former by the end of Heze and the National Electric Power Company signed a flue gas desulfurization engineering contracts, the contract price of 176 million later, in August last year, again with Shandong Century Electric Company has signed a contract desulfurization, the project total 110 million yuan. The current state of the emission permit trading system for thermal power plant flue gas desulphurization mandatory implementation of other environmental protection measures will further enhance the industry's market space, with the depth of the development of desulfurization industry, as domestic flue gas desulfurization industry giants, Walter G (000,915) will have greater prospects for future development. In mid-2006 net profit rose 58.73%, performance has increased steadily.
FGD + Yejiyuzeng slipping through the net rise of giant Changyang
Trend on the secondary market are going to outperform the independence movement, also has flue gas desulfurization, Yejiyuzeng, low-cost G Walter is still at 3.66 yuan have no reason to place the reserve price, the stock is far behind the individual stocks in the same subject matter, today technical characteristics of a small amount over the head, above the average flow of clear signs of re-accumulation, Handicap funds to undertake significant, in the desulfurization of scarce environmental resources by the species as a whole against the background of the attack, breaking through the full outbreak of a new high soon, we recommend investors to focus bold.
