Jinwu Financial News | Hydrogen energy concept stocks were strong. Beijing Electromechanical (00187) surged 17.19%, CIMC Enric (03899) rose 3.73%, Dongfang Electric (01072) rose 3.04%, Dongyue Group (00189) rose 2.64%, Weichai Power (02338) rose 2.52%, and Shanghai Electric (02727) rose 1.96%.
CITIC Securities said that in the process of advancing the “dual carbon” target, the importance of green hydrogen continues to increase. As the construction of green hydrogen projects and the exploration of downstream applications advance, it is expected that the industrial chain business model will gradually be established. Iteration of electrolyzer technology and optimization of hydrogen-electric coupling are expected to help reduce the cost of green hydrogen. Meanwhile, the promotion of green hydrogen-based fuels in ocean shipping and the implementation of hydrogen metallurgy demonstration projects are also expected to drive new demand for green hydrogen. The bank is optimistic about the rapid development of the green hydrogen market, and the expansion of demand for green hydrogen equipment and emerging applications is expected to bring investment opportunities.
Huafu Securities said that in terms of hydrogen production, domestic power operators and chemical groups are currently vigorously deploying green electricity to produce hydrogen, and electrolyzers are the core equipment for green hydrogen projects. Currently, several domestic projects have been filed and put into operation. The bank believes that construction of the planned projects for this year and next two years is expected to be accelerated, and that orders from electrolyzer companies are expected to be implemented at an accelerated pace after the electrolyzer is tendered and released. At the same time, overseas regions such as Europe and the Middle East are also planning large-scale green hydrogen projects, focusing on opportunities for electrolyzers to go overseas. In terms of storage and transportation, hydrogen storage and transportation, as an important part of the hydrogen energy industry, is a key factor in achieving large-scale commercial application of hydrogen energy, and its core technology, key equipment and materials are expected to benefit.