The demand for rigid charging piles will be further accelerated

Recently, the Ministry of Industry and Information Technology, the Ministry of Transport and other eight departments issued a notice on organizing the pilot work of the comprehensive electrification pilot area for vehicles in the public domain. The notice points out that it is necessary to effectively guarantee the charging and replacement service system, build a moderately advanced, balanced, intelligent and efficient charging and replacement infrastructure system, significantly improve the service guarantee capacity, and strive to achieve a 1:1 ratio between the new public charging piles (standard piles) and the number of new energy vehicles promoted in the public domain (standard cars), and the proportion of charging facilities in the expressway service area is expected to be no less than 10% of the small parking spaces, A number of typical comprehensive energy service demonstration stations will be formed.

Deng Yongkang, an analyst at Minsheng Securities, pointed out that after years of policy encouragement, consumers' acceptance of electric vehicles has gradually increased, and the continuously optimized vehicle performance, cost economy and rapid iteration of new products on the market have further stimulated market vitality. The existing battery technology and the mileage anxiety of the whole vehicle's endurance performance remain. The development of charging piles is imminent, and the demand is relatively rigid. It is estimated that the stock market size of domestic charging piles will exceed 300 billion yuan in 2025. At the same time, the effective supply of charging piles is obviously insufficient. At present, the ratio of vehicle piles in stock in China is about 2.8:1, and that in Europe and the United States is more than 15:1. If the actual use efficiency is considered, the gap is more obvious, and the supply is tight. The bottom charging pile industry has long-term growth.

"The charging pile industry is expected to usher in a period of rising volume". Yin Shenglu, an analyst at Kaiyuan Securities, said that from the perspective of quantity, the increase in the penetration rate of trams in the third and fourth tier cities in China has brought about the demand for the construction of charging piles and operation stations, and the continuous development of overseas markets by charging pile enterprises has led to a significant increase in the industry's shipments. From the perspective of profit, the scale effect brought by the increase of the industry's shipment volume and the increase of the proportion of overseas businesses with high profit margin are expected to promote the significant improvement of the industry's profit level. In terms of individual shares, it is recommended that investors pay attention to the beneficiaries of the whole link, such as Lvneng Huichong, Shenghong, Daotong Technology, Juhua Technology, Wanma, Xingyun, Jinguan, etc; The module links benefit from Shenghong Shares, Yingkerui, Tonghe Technology, Oulutong, etc.