China Chemical (60117): In recent five years, the average operating income was 814.4 million yuan, and the lowest was 20110 million yuan, which was 53.08 billion yuan in 2020. China Chemical reported on June 16 that its market value was 37.787 billion yuan, and its share price rose by 8.88% in three days. The latest report is 7.66 yuan, up 9.74%. On June 15, the net outflow of oversize orders was 203.478 billion yuan, the net inflow of large orders was 44.376 billion yuan, the net outflow of main stocks was159/kloc-0.02 million yuan, the net inflow of single orders was1806.24 million yuan, and the net outflow of retail investors was 2,600 yuan. In 2020, the operating income increased by 8.94% year-on-year, reaching 20 1 100 million yuan; The net profit attributable to shareholders of listed companies increased by 3.73% year-on-year to 65438+396 million yuan. Lu Hua Engineering, a subsidiary company, used photovoltaic power generation to electrolyze water to produce hydrogen, mastered the liquid solar R fuel technology, and used catalysts to realize the reaction between carbon dioxide and hydrogen to produce methanol and carbon monoxide.
Jingneng Electric Power (600578): Judging from the total operating income in recent five years, the average operating income in recent five years is 65.438+05.276 billion yuan, with the lowest being 2065.438+065.438+065.438+065.438+065.438 billion yuan, and the highest being 2065.438 yuan in 2020. According to after-hours news of June 16, Jingneng Power opened in 3 yuan today. As of 15: 00, the total market value is1976.6 billion yuan, and the price-earnings ratio is 14.8 times. The stock fell to 2.96 yuan, down 1.66%. Today (16), the net outflow of funds was 70.237 billion yuan, and the net inflow of oversized orders was1.1billion yuan, with a turnover rate of 0.2 1%, with a turnover of 42.0529 million yuan.
Hydrogen energy industry chain
1. Upstream hydrogen production link
Although the current technical routes of hydrogen production are diversified, as mentioned above, hydrogen production from renewable energy will be the main trend in the future. Specifically, there is a big gap between China's PEM electrolyzed water hydrogen production technology and the international advanced level, and the current alkaline water hydrogen production technology is difficult to match the demand of hydrogen fuel cells for photovoltaic energy storage. The research and development of upstream hydrogen production technology will be the key direction of policy support and enterprise investment.
2. Mid-stream storage and transportation links
Hydrogen is dangerous in China, but there is no efficient, energy-saving and safe hydrogen storage and transportation solution in China. It is predicted that liquid hydrogen and pipeline transportation will become the mainstream mode in the future. Among them, the industrialization of domestic cryogenic liquid hydrogen storage is not sufficient, or it will become the next growth point of the industry.
3. Downstream application links
Similar to the main application of power battery in the downstream of lithium battery industry, hydrogen fuel cell supported by FCEV is an important development direction of hydrogen energy industry chain. China's fuel cell stack technology is at the advanced level in the world. Take Jethydrogen's latest fuel cell stack, PROME M3H, as an example, its volume power density reaches 3.8kW/L, which is about 18.42% higher than that of Toyota Mirai and Honda Clarity. Therefore, domestic fuel cell companies are expected to seize more market share in the wave of global industrial reshaping from BEV/PHEV to FCEV. Therefore, hydrogen production will remain the key link in the short term, which is also the direction of tapping the potential of the market.