Agencies say such companies are natural load aggregators or are fully benefiting from electricity marketization reforms
① The National Development and Reform Commission announced the “Electricity Market Supervision Measures” to increase electricity trading companies, energy storage companies, virtual power plants, and load aggregators. ② CITIC Construction Investment Zhu Yue believes that charging pile operators are natural load aggregators. Load aggregators can integrate user resources, participate in the electricity market, respond to grid needs, and operate traditional businesses such as wholesale and retail of electricity.
Has the Middle East become a “nugget” hotspot for A-share companies? In the past week, Lin Yang Energy and others have intensively won big orders from the Middle East
① Recently, several companies such as Linyang Energy, China Construction, Seiko Steel, and Jerry Co., Ltd. issued announcements announcing the signing of important orders or projects in the Middle East region, which has become a new trend in the “going overseas” boom. ② The above companies all have a certain layout in the Middle East market, and their overseas portion accounts for a significant proportion of their revenue, which shows that they have a certain degree of competitiveness in overseas markets. Currently, their expansion into the Middle East market has been further strengthened.
Investment in water conservancy construction increased by more than 90% in the first quarter, and industry prosperity is expected to continue to rise
In the first quarter, 23,500 water conservancy projects were implemented nationwide, and the scale of construction was 4.7 trillion yuan, up 15.8% and 12.3% respectively over the same period last year. Among them, 9683 new water conservancy projects were started, with an investment scale of 473.3 billion yuan, an increase of 33.8% and 47.6% respectively over the same period last year. In particular, 687 new water conservancy projects with a total investment of more than 100 million yuan were started, an increase of 94.6% over the same period last year.
The Civil Aviation Administration strengthens the low-altitude flight service guarantee system design and the low-altitude economy resonates with the policy industry
① Song Zhiyong, director of the Civil Aviation Administration, published a signed article in the “Learning Times” stating that the low-altitude economy is a strategic emerging industry for global competition, and it is an important direction for cultivating and developing new types of productivity. ② Open Source Securities said that in the context of intensive policy catalysis, it is optimistic that 2024 is expected to become the year for the low-altitude economy to land, and it is recommended to focus on investment opportunities in the low-altitude economy industry where policy catalysts and industrial acceleration are accelerated.
Featured announcements | Ideal Auto cuts estimated delivery volume in Q1; CNOOC's net revenue and profit both declined in 2023
China Mobile's net profit in 2023 was 131.8 billion yuan, up 5% year on year; Ping An of China's total revenue in 2023 was 1031,863 billion yuan, up 4.74% year on year; Captain Li Ka-shing's net profit in 2023 was HK$23.5 billion, a decrease of 8.71% year on year.
Nvidia launches next-generation artificial intelligence supercomputer, demand for downstream computing power continues to be released
① Nvidia CEO Hwang In-hoon launched a new GPU called BLACKWELL, which allows the construction of artificial intelligence to be generated in real time; and announced the launch of the next generation of artificial intelligence supercomputers. ② CITIC Construction Investment's analysis indicates that with the rapid development of the domestic AI application market, the computing power demand for AI training and inference is gradually being released, and the shortage of computing power is expected to continue for some time.