The two departments promote the update and recycling of wind power equipment, and the industry welcomes the opportunity to increase both volume and profit. The General Office of the National Development and Reform Commission and the General Affairs Department of the National Ener

① The two departments promote the renewal and recycling of wind power equipment, and the industry welcomes the opportunity of both volume and profitability

The General Office of the National Development and Reform Commission and the General Affairs Department of the National Energy Administration issued the "Implementation Plan for Large-Scale Equipment Renewal in Key Energy Fields". It is targeted that by 2027, the scale of equipment investment in key energy fields will increase by more than 25% compared with 2023.

proposes to promote the renewal and recycling of wind power equipment, and encourage wind farms that have been connected to the grid for more than 15 years or have a single unit capacity of less than 1.5 MW to carry out renovation and upgrading in accordance with the requirements of the "Wind Farm Renovation, Upgrading and Decommissioning Management Measures". Encourage mainstream models in the industry with large single-machine capacity and advanced technology to replace the original small-capacity wind turbines, support the application of green and low-carbon materials, new high-tower technology, land-saving technology, high-efficiency and intelligent wind turbines, and increase the use of wind turbines per unit of land area. power generation, improve the level of repair and recycling of equipment and facilities, and improve the quality and efficiency of wind energy, land and power grid resources. Encourage power generation companies, equipment manufacturing companies, and scientific research institutions to conduct research on new technologies, new standards, and new scenarios, establish and improve the wind power recycling industry chain system, and cultivate and expand new wind power industry recycling formats.

CITIC Securities pointed out that in the context of green power entering the market and investment costs falling significantly, the economic advantages of domestic wind power projects have become prominent, and the installed capacity is expected to accelerate. The growth of onshore wind power installed capacity in 2025 is expected to exceed expectations. In addition, the schedule and shipment of wind power parts is expected to usher in a significant upward inflection point in the third quarter of 2024, and the increase in production capacity utilization will drive cost dilution; and the cost of related raw materials may continue to decline, which is expected to promote the "iron-making industry" such as castings and spindles. "The gross profit margin of parts and components has further improved. We are optimistic about the opportunity for both volume and profit in the wind power industry to rise from the second half of the year.

② The total box office of the 2024 summer season exceeded 10.5 billion, and three domestic films entered the top ten of the annual global film box office.

As of August 21, there are three domestic films in the top ten of the global film box office of 2024: seventh place " "Hot and Spicy", the eighth place "Flying Life 2", the ninth place "Catch the Baby". According to real-time data from the online platform, as of 14:14 on August 21, the total box office (including pre-sales) for the 2024 summer season (June-August) exceeded 10.5 billion yuan.

AVIC Securities pointed out that from the demand side, movies, as a traditional offline activity, have certain in-demand attributes. The number of offline moviegoers in the Spring Festival, Tomb Sweeping Festival, and May 1st movies in 2024 will be considerable, and the high prosperity of the film industry is expected to continue in the summer; From the supply side, the supply of domestic high-quality films is accelerating. There is an abundant supply of animations, suspense films, spy films, romance films and other types of films. The number of imported films and Chinese-foreign co-production films continues to increase, which is expected to meet the diversified viewing needs of the audience. Both supply and demand sides continue to exert force, and they are optimistic about the box office performance in 2024. Related companies are expected to continue to benefit.

③ Beijing has released a bidding plan for the vehicle-road-cloud integration project, with an estimated investment of over 4 billion yuan

According to the Beijing Engineering Construction Bidding and Bidding Trading System, Beijing's vehicle-road-cloud integration new infrastructure construction project has released a bidding plan. The project is located in 12 administrative districts of Beijing and the Beijing Economic and Technological Development Zone, with a construction area of ​​approximately 2,324 square kilometers, involving 6,050 road intersections, and an estimated investment of 4.031 billion yuan.

Guohai Securities pointed out that the car-road cloud industry is an emerging industry. In recent years, various guidelines and pilot policies have been frequently introduced, and a number of intelligent connected car demonstration zones have been cultivated in China, and the car-connected industry has entered a period of rapid development. The industrialization of Chelu Cloud is accelerating, and high-quality suppliers are expected to benefit. Specifically, judging from the construction sequence of each link of the Chelu Cloud, the bidding project may be the first to build roadside and cloud facilities. After the construction of relevant supporting facilities is completed, the vehicle-side communication unit will have a better application environment, and its penetration rate is expected to increase.