Large-scale commercial application The world's largest sodium-ion battery energy storage system was put into operation
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According to reports, on June 30, the world's largest sodium-ion battery energy storage project, Datang Hubei 100 MW/200 MWh sodium ion new energy storage power station science and technology innovation demonstration project, the first phase of the science and technology innovation demonstration project, was completed and put into operation, with a production scale of 50 MW/100 MWh. This project marks a new stage of large-scale commercial application of sodium-ion battery energy storage technology.
Comments: With the continuous development of the energy field, from lithium-ion batteries to photovoltaic power generation to energy storage systems, sodium-ion batteries are seen as the next promising technology. Although sodium-ion batteries have a low energy density, their cost advantages, safety, and high and low temperature performance bring potential application prospects. Compared with lithium-ion batteries, sodium-ion batteries have the advantages of abundant resource reserves, low cost, and fast charging. Theoretically, the cost of sodium battery materials can be 30%-40% lower than that of lithium batteries. However, it lags behind lithium-ion batteries in terms of energy density, and is suitable for market segments such as electric two-wheelers, energy storage, and low-speed electric vehicles. A-share related concept stocks mainly include $Huayang shares (sh600348)$, $Shanghai Xiba (sh603200)$, etc.
【CSI Focus】
The Shanghai Cooperation Organization (SCO) summit is about to be held to achieve transport connectivity
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It is reported that the Council of Heads of State of the Shanghai Cooperation Organization will be held in Astana, the capital of Kazakhstan. After 23 years of joint efforts, the SCO has become a security barrier, a bridge of cooperation, a bond of friendship and a constructive force in the region. According to the memorandum signed at last year's SCO summit, Belarus will join the SCO as a full member at the Astana summit, bringing the number of SCO member states to double digits, a "historic breakthrough" and a sign that the SCO is gradually becoming the most influential regional international organization.
Comments: Analysts believe that this meeting will emphasize the strengthening of trade, investment and infrastructure construction, and consider the development of a unified map of transport connectivity, which has great geo-economic and political value in terms of transport connectivity, and will promote the deep integration of China and the international markets of Central Asia, South Asia, West Asia and Europe, and become a landmark project for interconnection and mutual benefit between China and the countries covered by the SCO under the framework of the "Belt and Road". It will not only build the southern access road of the new Eurasian land bridge and broaden the transportation scope, but also change the traffic pattern in the western part of the mainland. A-share related concept stocks mainly include $Tianshun shares (sz002800)$, $Bakken Energy (sz002828)$, etc.
The supply of concentrate is tight, overseas demand is strong, and lead prices continue to rise
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According to reports, the terminal shows that as of June 30, the Shanghai Lead 2409 futures contract (code: PB2409) listed on the Shanghai Futures Exchange has risen for four consecutive months, with a cumulative increase of 22.34% this year. In the past, the first half of the year was the off-season for lead consumption, but now there is a pattern of off-season. Industry insiders said that the supply of lead concentrate is tight, the operating rate of recycled lead production capacity is low, and overseas demand is strong, and it is expected that lead prices are expected to rise further when the regular peak season arrives in the second half of the year. A-share related concept stocks mainly include $Yuguang Gold and Lead (SH600531)$, $Huayu Mining (SH601020)$, etc.
China Mobile has completed the verification of direct satellite calls from mobile phones, which may become a new paradigm of communication
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Recently, China Mobile, together with ZTE and UNISOC, completed the world's first mobile phone directly connected to high-orbit satellites based on the operator network IOT-NTN IMS (Satellite Internet of Things IP Multimedia Subsystem) voice call laboratory verification. High-orbit satellite communication has the advantages of wide coverage and high industrial maturity, and real-time voice communication in high-orbit satellite scenarios can effectively meet the voice communication needs of people in remote environments such as oceans and forests, and provide a more solid guarantee for emergency communication. China Mobile fully recognizes the importance of developing satellite Internet, especially mobile phones directly connected to satellites, and promotes the in-depth participation of terrestrial mobile operators in the design of space-ground integrated networks.
@中金公司研究所 believes that direct mobile phone connection is the focus of satellite Internet competition, and it is also the core scenario that affects the commercial value of satellite Internet system. The direct connection of mobile phones is expected to reconstruct the satellite-to-ground communication system, and the satellite communication module and on-board payload are expected to benefit. Specifically, dual-mode terminals add miniaturized satellite communication modules to mobile phones, and the penetration rate of high-end models is increased; Large-scale phased array is one of the key technologies to realize the direct connection of existing terminals. Referring to the capital expenditure of 5G construction, the construction of satellite-ground integrated network may leverage the demand for hundreds of billions of equipment.
$Higer Communications(SZ002465)$ has become one of the key component suppliers of a variety of mobile phone terminals that support the function of direct connection to satellites, and has established good cooperative relations with many mainstream mobile phone manufacturers;
$Genew Technology (SH688418)$ and China Unicom have cooperated in projects such as satellite access configuration modules in the modern industry chain of network security.
【SSE Selection】
〇 On July 1, the People's Bank of China (PBOC) announced that it would carry out treasury bond borrowing operations for some primary dealers in the open market in the near future, and treasury bond futures fell sharply. Previously, the People's Bank of China (PBoC) has repeatedly warned of the risk of low yields on medium- and long-term government bonds.
〇 The Department of Science and Technology of the Ministry of Industry and Information Technology announced the preparation plan for the establishment of the Technical Committee for the Standardization of Brain-Computer Interface. After its establishment, the work plan includes: optimizing and improving the standardization roadmap, accelerating the development of key technical standards, and promoting the publicity and implementation of standards.
〇On July 1, the 2024 Global Digital Economy Conference Artificial Intelligence Forum was held in Zhongguancun. Beijing said that it will continue to promote the construction of computing infrastructure and build a computing power supply corridor in Beijing, Tianjin, Hebei and Mongolia.
〇 In June, Li Auto delivered 47,774 vehicles, a year-on-year increase of 467%; Xpeng Motors delivered 10,668 vehicles, a year-on-year increase of 24%; NIO delivered 21,209 vehicles, up 98% year-on-year. Shares of all three companies rose in the pre-market of U.S. stocks.
〇 China Eastern Airlines announced its 2024 summer flight plan, with an average of 3,213 passenger flights per day, an increase of 13% over the same period in 2019, and international and regional flights recovering to 102% of the same period in 2019.
【Industry Information】
〇 Frequent maintenance and improvement in breeding demand, the price of vitamin D3 continues to rise
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Baichuan Yingfu data shows that on July 1, the average market price of vitamin D3 was 97 yuan/kg, an increase of 14.12% from June 30, and a cumulative increase of 67% in the past month.
@华创证券研究所 believes that the vitamin market is a typical high-concentration industry, and the industry has been overhauled frequently recently. Overseas DSM VA and VE have been in a state of shutdown since the third quarter of 2023, BASF will start overhauling VA and VE from the end of March 2023, and the VE plant in Xinhecheng Shandong is also scheduled to be overhauled from early July to early September. After the failure of Zhejiang Medicine's carotenoid production capacity device, VA and VE manufacturers ushered in a collective suspension of reporting prices, and other manufacturers also began to increase their quotations. On the demand side, the export is strong and the profitability of the breeding side is improving, the downstream acceptance is improving, and the price of vitamins is expected to remain strong.
$Zhejiang Medicine(SH600216)$ The main products include vitamin A, vitamin E, etc.;
$NHU (SZ002001)$ is a leading vitamin company, and the new methionine project contributes to the growth.
【Company Trends】
○ Recently, $China Mobile (sh600941)$, together with $ZTE (SZ000063)$ and UNISOC UNISOC, completed the world's first mobile phone directly connected to high-orbit satellites based on the operator network IoT-NTN IMS (Satellite Internet of Things IP Multimedia Subsystem) voice call laboratory verification.
○$Longyuan Power (SZ001289)$ The controlling shareholder intends to inject part of the new energy assets into the company.
○$Huayi Group (SH600623)$ plans to acquire 60% of the shares of the industrial gas company for 832 million yuan.
○Recently, $Bloomage Biotech (SH688363)$ Pilot Achievement Transformation Center has been fully completed in Tianjin, which can undertake pilot and small-scale commercial production of various bioactive raw material products such as pharmaceutical grade, skin care grade, food grade, etc., which can be called the world's largest pilot test achievement transformation platform.
○$Xinhu Zhongbao (SH600208)$ The controlling shareholder is planned to be changed to Quzhou Zhibao, and the actual controller is proposed to be changed to Quzhou State-owned Asset Management Institution.
○$ Far East Group (SH600869) $ In June, the subsidiary won a total of 2.057 billion yuan for the project.
○$ Babi Foods (SH605338)$ plans to repurchase the company's shares with 100 million to 200 million yuan.
【Tide of Funds】
○$Hubei Yihua (SZ000422)$ July 1 daily limit. According to the data of the Dragon and Tiger List, the top three buying seats are all for institutional use, with purchases of 54.5076 million yuan, 32.8273 million yuan, and 24.145 million yuan respectively. The special seats for the two institutions ranked among the top two selling seats, selling 49.4388 million yuan and 14.121 million yuan respectively.
○$Jinlang Technology (SZ300763)$ 20% daily limit on July 1. According to the data of the Dragon and Tiger List, the special seats of the three institutions were bought 34.6214 million yuan, 34.2377 million yuan and 25.2317 million yuan respectively. A special seat for an institution was sold for 34.6785 million yuan.