Green development is at the time when a new round of environmental protection investment cycle is gradually approaching

At a time when green development has already been incorporated into the national strategy, with the continuous advancement of environmental protection policies, relevant information disclosure systems and production capacity restrictions have gradually landed, which will accelerate the development of the environmental protection industry and bring new investment trends to the market.
In the opinion of market participants, this environmental protection supervision will be more stringent, and the impact on the environmental protection and related sectors will be positive and positive. Along with the "environmental storm", the strengthening of environmental protection and production limits is the verification and strengthening of the inherent logic of manufacturing profitability. The deepening of environmental governance is expected to make a major contribution to promoting capacity shrinkage, stimulating technological innovation, and catalyzing the transformation and upgrading of manufacturing.

The trend of the environmental protection sector is still weak. After years of extensive development, China's manufacturing industry has highlighted two major problems: overcapacity and environmental pollution. In the eyes of the industry, the strategic position of environmental governance on the important road of comprehensive well-off is becoming more and more important. Therefore, the future environmental protection work will be greatly enhanced, and a new round of environmental protection investment cycle will be triggered.
In this regard, Anxin Securities analyst Chen Guo said that the new round of environmental protection investment cycle will present some new features, including a higher degree of attention, more frequent inspection inspectors, continued increase in environmental protection investment, and huge control challenges. However, from the recent market performance, some market participants' understanding of environmental protection policies is not deep enough.
Since June this year, the trend of the environmental protection sector has been weak, indicating that the market funds lack confidence in the environmental protection theme. Analysts believe that there are two main reasons for the weakening of the sector: First, from the perspective of maintaining the relationship between listed companies and local governments, the market is concerned about the sustainability of subsequent environmental orders; the second is the current supply-side structural reform and environmental protection. In terms of inspectors, some market participants mistakenly “de-capacity” and “environmental limited production” as simple and rude shutdown capacity, thus underestimating the role of relevant policies in environmental investment.
The above concerns indicate that some market participants have some deviations from their understanding of environmental protection policies. In fact, the Ministry of Environmental Protection made it clear at the regular press conference on August 22 that it had never asked for environmental protection law enforcement to be “one size fits all”; for enterprises that violated the law, they should adhere to “zero tolerance” and that enterprises should be treated fairly.
"With the advent of environmental protection policies, companies with environmentally-friendly standards can usually retain their legal capacity, while enterprises that are 'scattered' will be shut down, even by 'two breaks and three clears', that is, water, power, and raw materials. Clearing equipment and clearing the site. Therefore, 'de-capacity' and 'environmental limited production' can bring new demand for environmental protection equipment procurement and technological transformation. After the outdated production capacity is cleared, the advanced enterprises left behind can obtain Better market position, more resources will be invested in environmental protection." Chen Guo said.

Environmental information disclosure must not be vague in the key stage of the national strategy of pollution prevention and control, environmental protection policies continue to increase, and further into the management of capital markets. At the press conference of the Ministry of Environmental Protection on August 22, the director of the Policy and Regulation Department of the Ministry of Environmental Protection said that the Ministry of Environmental Protection is working hard to sort out listed companies that have received major administrative penalties for serious environmental violations. In the next step, the Ministry of Environmental Protection and the Securities and Futures Commission will work hard to improve the standardization, comprehensiveness, readability, completeness and usefulness of information disclosure of listed companies so that the public can accurately judge the environmental risks of listed companies.
According to the cooperation agreement signed by the Ministry of Environmental Protection and the China Securities Regulatory Commission, the two departments first promoted the listed company and its subsidiaries to disclose relevant management information in the annual report, and some progress has been made.
According to the requirements, there are three types of listed companies that need to disclose environmental information. The first category is among the more than 3,000 listed companies in Shanghai and Shenzhen, which are identified as “national key monitoring enterprises” by the Ministry of Environmental Protection. There are more than 160 companies, of which nearly 90% disclose environmental information, and the overall situation is good. The second category is listed companies that have been identified as key monitoring companies by provincial and municipal environmental protection agencies. The list of listed companies is being screened and verified. The third category is a company with at least one major subsidiary belonging to the key monitoring companies identified by the environmental protection departments at all levels. As the parent company of the listed company, it is necessary to disclose the environmental information of these subsidiaries. According to industry insiders, there are about 70,000 subsidiaries of listed companies in Shanghai and Shenzhen. At present, the regulatory authorities are organizing one-to-one comparison and verifying the companies that need to disclose relevant information.
For the disclosure of environmental information, in addition to disclosure in the annual reports and semi-annual reports of listed companies that are periodic reports, the regulatory authorities also require listed companies to issue interim reports in the event of major environmental protection. If there are major penalties for environmental violations and new legal risks, listed companies should disclose relevant information to shareholders and the society in a timely manner through “interim report”.

The Beijing-Tianjin-wing “environmental storm” has been hit by environmental protection policies, and a new round of “environmental storm” of Beijing-Tianjin-wing has arrived as scheduled. The Ministry of Environmental Protection recently held a symposium to implement the “Action Plan for Comprehensive Management of Air Pollution in the Autumn and Winter of 2017-2018 in Beijing, Tianjin and Chongqing and the Surrounding Areas” and six supporting programs, and announced the launch of the tough battle at the special conference held the following day. . Analysts said that on the basis of rounds of environmental supervision, the "green storm" in autumn and winter this year will be even more fierce.
According to the content of the meeting, in the "1+6" system's autumn and winter prevention and control action plan, the six supporting programs refer to intensive supervision programs, inspection programs, special inspection programs, quantitative accountability regulations, and enhanced supervision information disclosure. Programme and advocacy reporting programme. The goal is to reduce the average concentration of PM2.5 in 28 cities of Beijing-Tianjin-Hebei air pollution transmission channel by more than 15% year-on-year, from October this year to March next year, based on the comprehensive completion of the "Atmosphere 10" assessment indicators. The number of pollution days decreased by more than 15% year-on-year.
According to market participants, as the current pollution prevention and control work enters a tough stage, relevant policies and regulations have been issued in various places, and the scope and intensity of production restrictions have exceeded expectations, which may lead to the contraction of the supply end of steel, nonferrous metals, building materials and chemical industries, and promote relevant sectors. The price has risen.
Taking the steel industry as an example, during the heating season, the steel enterprises will be classified and managed, and the peak-to-peak production plan will be formulated according to the level of pollution emission performance. According to the Industrial Securities Research, according to the plan, the steel production capacity in the heating season of key cities such as Shijiazhuang, Tangshan, Handan and Anyang will be limited to 50%. If the plan is strictly implemented, then according to the national annual steel output of about 800 million tons, the total annual steel production capacity of the above four cities is about 200 million tons to 240 million tons, and the capacity utilization rate is 80%, then the average daily output of steel will drop by 10% to 12%. %, the impact on the supply side should not be underestimated.
As for the chemical industry, with the strictening of environmental protection supervision, the structural reform of the supply side of the industry continues to advance, and the release of new production capacity will have a lower probability than expected. According to market participants, the rise of chemical companies in various regions “returning to the city to enter the park” has accelerated the clearing of small-scale and backward-skilled enterprises, while the market share of leading enterprises with technological, scale and environmental advantages is expected to continue to increase, and the industry competition pattern will gradually optimization.

Programmable Switch Butterfly Valve

Flange soft seal butterfly valve,Fire clamp signal butterfly valve,Wafer soft seal butterfly valve

Chongqing Xingjida Import and Export Trade Co., Ltd. , https://www.xjdvalve.com