As one of the seven new infrastructure areas, UHV is one of the most growth sectors, and UHV construction is expected to enter a high boom upward cycle.

China Electric Equipment Group, known as the only "national team" in the field of power transmission and transformation equipment, has been in action for more than 1 year. At the end of October, Pinggao Electric, Xu Ji Electric, China XD three companies issued an announcement, indirect controlling shareholder China Electric Equipment is planning to transfer the shares of the three companies to China Electric Equipment free of charge, after the completion of the transfer, China Electric equipment will become the direct controlling shareholder of the three companies.

China Electric Equipment Group has personally rushed to the stage. Data show that since the beginning of this year, China Electrical equipment has increased its holdings of China West Power by nearly 47.59 million shares, increasing the reference amount of 230 million yuan. Recently, the group again increased the next level of Gao Electric.

On the evening of October 28, Pinggao Electric announced that China Electric Equipment Group Co., Ltd. increased its holdings by a total of 7.2447 million shares, accounting for 0.53% of the company's current total share capital, and planned to range from 100 million yuan to 150 million yuan in the next 6 months (including the amount of this increase).

Uhv entered the high boom period

There are various signs that the upward momentum of UHV has been "suppressed". Recently, UHV AC Chuan-Chongqing, Zhangbei-Shengli has been approved to start, and power grid construction, especially UHV construction, is expected to enter a high boom upward cycle simultaneously.

In the first half of this year, the UHV exchange advanced rapidly, approved 1 (Wuhan - Nanchang), and started 2 (Fuzhou-Xiamen, Zhumadian - Wuhan); Wuhan - Nanchang Exchange opened the first equipment bidding in September, and construction is expected to start in October; Uhv DC is in the feasibility stage, and it has still been in the accelerated feasibility design stage since the third quarter, and there has not been a DC line bidding to start.

Changjiang Securities maintains the expectation of UHV construction progress throughout the year, and UHV DC is expected to usher in the bidding peak in the fourth quarter. In terms of UHV exchange, Shenwan Hongyuan estimates that the scale of UHV exchange is about 130 to 150 billion, more than the 13th Five-Year Plan. Ac UHV core equipment has high technical content, stable competition pattern, and clear market space, which is worth focusing on.

Haitong Securities believes that in order to match the large proportion of new energy access, UHV construction will be a continuous process, is one of the key investment directions of the power grid, is expected to form a continuous pull for the performance growth of core equipment enterprises, it is recommended to pay attention to the UHV core target. Uhv DC core targets are Guodian Nanrui, Xu Ji Electric, China West Power and so on. Uhv AC core targets include Pinggao Electric, China West Power and so on.

High performance growth company exposure

Uhv is one of the most growing sectors. According to Securities Times · Data Treasure statistics, UHV has been unanimously predicted by institutions that the compound growth rate of net profit for two years is more than 44%, ranking at the forefront of the A-share sector.

The performance of the UHV sector in the first three quarters of this year showed a trend of rapid growth. Data treasure statistics, Yongfu shares, Zhongtian technology, Colin Electric, TBEA Electric, Trina Solar, Pinggao Electric and other companies in the first three quarters of this year withholding non-net profit doubled.

From the perspective of future growth, the high performance growth of UHV stocks is still worth looking forward to. According to Data Treasure statistics, among the UHV concept stocks rated by more than two institutions, the institutions of Yongfu Shares, Pinggao Electric, Jinpan Technology, Trina Solar, Far East Shares, New Wind and other stocks unanimously forecast that the average net profit growth rate of next year and 2024 will exceed 50%.

Social insurance QFII also phase them

With better performance expectations, some listed companies have won the favor of institutions.

Data treasure statistics, in the first quarter of this year, Foresea Life new heavy cangping high electric more than 100 million yuan, three consecutive quarters of heavy position and unchanged shareholding.

In the third quarter of this year, the well-known QFII Swiss Union Banking Group (UBS) new heavy Cangping Gao Electric 7.74 million shares, the end of the holding market value of 52.17 million yuan. At the same time, UBS also newly invested 3.67 million shares of Sifang shares during the period, and the final shareholding market value of 46.44 million yuan.

In terms of social security, the National Social Security Fund 413 portfolio newly invested 24.9 million shares of China XD in the third quarter, with a market value of more than 100 million yuan at the end of the period; Taiping Life Insurance Co., Ltd. bought 21.52 million shares of Far East shares during the period, and the final holding market value was 117 million yuan. It is worth mentioning that China West Power, Hongfa shares for insurance capital social security common heavy stocks.

Article source: Securities Times