Financial news: high energy prices in Europe push up aluminum prices and domestic electrolytic aluminum profits will increase

A selection of important news

1. Jiang Yang, member of the CPPCC National Committee and former vice chairman of the CSRC, said when participating in the panel deliberation that the conditions for the full implementation of the stock issue registration system are already in place.

2. The Ministry of Industry and Information Technology issued the Guide for the Construction of vehicle Network Security and data Security Standard system, which proposed to form a relatively perfect vehicle network security and data security standard system by 2025, and defined the new concept of "big security".

3. Shanghai will speed up the construction of data center clusters and build a new information infrastructure of "5G + computing network + intelligent China and Taiwan" based on the two core hub nodes of Qingpu and Lingang in Shanghai. build a new information service system of "connection + computing power + ability".

4. Jiangxi, Shanxi, Henan and Heilongjiang provinces have accelerated the management of the "one card" of financial subsidy funds for the benefit of the people and agriculture, and made arrangements for the distribution of subsidy funds such as "one card".

The price of the whole industry chain of organosilicon rose on March 7, with DMC rising 2.67% to 38500 yuan / ton, 107rubber to 39000 yuan / ton, or 2.63%, and raw rubber up 2.61% to 39300 yuan / ton.

Major event

The price of organosilicon industry chain rises.

Comments: the conflict between Russia and Ukraine abroad is becoming more and more fierce, aggravating the contradiction in the global supply chain, the prices of energy commodities continue to rise, silicone export orders continue to be strong, and the shortage of domestic supplies still exists in the short term. With the gradual start and recovery of the post-holiday market, the operating rate of downstream enterprises shows a steady upward trend, and the peak season of the silicone industry chain has come. At present, the price of organosilicon has risen to a high level, the pre-sale order of each monomer factory is better, and silicone may continue to fluctuate upstream in the future.

Xin'an shares: currently has industrial silicon production capacity of 100000 tons / year, is expected to reach 300000 tons by the end of the year, organosilicon monomer production capacity of 490000 tons.

Dongyue Silicon: it has a production capacity of 600000 tons / year of organosilicon monomer.

The "all-in-one card" is fully covered by Huimin's subsidies for farmers.

Since March, Jiangxi, Shanxi, Henan, and Heilongjiang provinces have accelerated the management of "one card" of financial subsidy funds for the benefit of the people and agriculture, and made arrangements for the distribution of subsidy funds such as "one card". Jiangxi proposes that subsidy funds that can be paid directly to people's homes by the end of August this year will be distributed through the "all-in-one card" platform, and other provinces and cities plan to achieve full coverage of "all-in-one cards" by the end of this year. The "all-in-one card" is also known as the third-generation social security card. In addition to the six major functions of the second-generation social security card, such as identity certificates, medical settlement and financial payment, it also supports more than 60 public services, such as subsidies for farmers, transportation, and cultural tourism. truly realize the multi-purpose of one card and be universal throughout the country.

Comments: according to the notice issued by seven ministries, including the Ministry of Finance, the Ministry of Civil Affairs and the Ministry of people's Insurance, by 2023, all financial subsidy funds directly paid to people and farmers will be distributed through "one card" in principle. The number of social security card holders nationwide has reached 1.352 billion, including 138 million third-generation social security cards, with a penetration rate of about 10 per cent, according to data recently disclosed by the Ministry of Human Resources and Social Affairs. With the launch of the "all-in-one Card" platform in various provinces and cities, the issuance of third-generation social security cards is expected to usher in explosive growth this year.

Desheng Science and Technology: mainly engaged in social security card production, sales and information services, the main products and services include social security cards and service terminals, social security information service solutions, etc., the company has formed a social business as the foundation, service business, big data business as the pillar of the strategic pattern;

Chu Tianlong: deeply participated in the issuance of the third-generation social security card, consolidated the company's leading position in the field of financial social security card through the Beijing Minsheng card project, resident service card and other third-generation social security card projects integrated with multi-industry applications.

High energy prices in Europe push up aluminum prices and domestic profits on electrolytic aluminum will increase.

On the 7th, LME aluminum rose about 4%, breaking through 4000 US dollars per ton in intraday trading, a record high. In terms of upstream costs, one-month electricity futures in Germany rose 19%, while natural gas wholesale contracts in the Netherlands rose 7.3% in April, both reaching record highs.

Comments: the continuous rise in natural gas prices in Europe has led to a rise in electricity prices, corresponding to serious losses in European aluminum and zinc production, while China's domestic electrolytic aluminum smelting profits are rising, and due to relatively strong consumption, aluminum rod inventory has been in storage for three consecutive weeks. Guosheng Securities believes that under the overseas high premium market, the demand for export orders for aluminum processing products may increase significantly. In the environment of difficult supply recovery, sustained recovery of demand, low inventory and large premium of overseas aluminum prices, domestic aluminum prices will also catch up with the rising market.

Nanshan Aluminium Industry: Indonesia alumina project is put into production by stages to increase the guarantee of resources;

Tianshan aluminum industry: thanks to the rich coal resources and energy location advantages in Xinjiang, the power supply is guaranteed;

Chinalco: it is the only large aluminum company in China that integrates the whole industry chain of energy, bauxite, alumina, electrolytic aluminum and aluminum processing.

Shanghai Mobile speeds up the construction of data center and drives industrial investment.

Chen Li, party secretary and chairman of Shanghai Mobile, said in an interview that in the future, we will speed up the construction of data center clusters, further consolidate the data center resource base based on the two core hub nodes of Qingpu and Lingang in Shanghai, build a new information infrastructure of "5G + computing network + intelligent China Taiwan", and build a new information service system of "connection + computing power + ability".

Comments: with the comprehensive and continuous infiltration of digital technology into all fields of economy and society, the demand for numeracy in the whole society is very urgent, and it is expected that it will continue to grow at a rapid rate of more than 20% every year. The cluster planned by "East and West" will carry the construction of large and super-large data centers in the computing hub, which will play a positive role in the investment of related industries.

Data port: 31 data centers have been completed and operated, and there are large-scale projects such as Shanghai Minhang, Hebei Huailai, Hebei Langfang and so on.

Sinnet: the layout of data centers around Beijing-Tianjin-Hebei, Yangtze River Delta, Dawan area and other places, the number of cabinets has been put into production more than 41000.

Announcement selection

Digital Zhengtong (300075) meta-universe solution for urban application service scenarios is expected to be released in key demonstration areas in China in the middle of the year.

Jingao Science and Technology (002459) plans to invest about 10 billion yuan in Qujing to build a photovoltaic new energy base.

Longxing Chemical (002442) plans to set up a subsidiary to implement the carbon-based new material circular economy industry project, with a total investment of 3.1 billion yuan.

Junshi Bio (688180) plans to raise no more than 3.98 billion yuan for innovative drug research and development projects.

Rongda photosensitive (300576) plans to raise no more than 670 million yuan from a specific target for the new project of photoresist and its supporting chemicals.

Azure Lithium Core (002245) subsidiary signed a major order for lithium battery business. From 2022 to 2024, the supply of ternary cylindrical lithium batteries was 120 million, 240 million and 280 million respectively.

Jiangsu Tianhui, a holding subsidiary of Penghui Energy (300438), signed a cell procurement agreement with Jiangsu Tianhe, under which Jiangsu Tianhe purchased lithium battery batteries from Jiangsu Tianhui with a contract amount of about 600-900 million yuan.

Yunda shares (300772) net profit in 2021 increased by 183% over the same period last year, with a proposed 10-to-6 payout of 2.50 yuan.