Water-Based Fire Extinguisher,Pure Plant Fire Extinguisher,Wheeled Fire Extinguisher,Security Fire Extinguisher Ningxia Wanhui Import & Export CO.,LTD , https://www.whfireextinguisher.com
The "First Financial Daily" reporter learned from the National Development and Reform Commission yesterday that the National Development and Reform Commission recently announced that five railway investment projects have been approved, with a total investment of 152.967 billion yuan.
Since October, the National Development and Reform Commission has been intensively approving relevant railway and airport projects, and the approval of a large number of projects has also indicated that the intensive release of railway tenders in the next year will also mean that China Railway Construction Corporation (601186.SH) and other railway construction enterprises and north and south. Orders from vehicle manufacturers such as cars will continue to grow.
Railway construction
The railway projects approved this time are mostly concentrated in the central and western regions, namely the new Liuzhou-Chuzhou railway project, the Duolun-Tenghuang railway Duolun-Taihuangqi section double-track project, the new Lanzhou-cooperative railway, and the Chengdu-Kunming railway Emei-Miyi Section expansion project, new Yinchuan to Xi'an Railway.
Since October, the National Development and Reform Commission has approved a total of 21 infrastructure projects in 16 railways and 5 airports, with a total investment of 693.374 billion yuan.
In this regard, an industry insider pointed out that the NDRC's re-approval of railway projects once again reflects the central government's strong support for railway construction, which also means that the railway infrastructure is still an important tool for the government to stabilize growth through “micro-stimulationâ€.
According to the data released by the Railway Corporation, the railway construction investment in the first three quarters of this year was 456.3 billion yuan, a year-on-year increase of 23.4%. However, compared with the 800 billion annual investment plan raised at the end of April, there is still a big gap. However, the NDRC will be in October. The new projects that have been approved since then have increased the possibility of completing this year's railway investment quota.
However, Shenyin Wanguo’s analysis report pointed out that due to the negotiation process of land acquisition compensation and the initial stage of the new approval project, the investment will be slower. In comparison, whether the progress of the started project can be accelerated may be more indicative.
Railway construction and equipment manufacturers benefit
According to the reporter's understanding, this year, the railway company's annual railway completion investment plan has undergone three upward adjustments, from 630 billion yuan to 800 billion yuan. The continuous increase in investment plans has also accelerated the bidding of related trains in the second half of this year.
In the past two years, due to the “7.23†motor train accident and the slowdown of railway investment, the manufacturers of railway vehicles such as China South Locomotive and China North Locomotive have not received orders for new EMUs. Until last year, the EMU bidding was finally restarted. In April and December, Tiejin conducted two rounds of EMU bidding, and the public bidding combination was 417, including 350 speeds at 248 and 250 speeds at 169. The total amount was about 69 billion. yuan. The amount of the first round of tenders this year exceeded 40 billion yuan, and the amount of the second round of tenders is expected to exceed 10 billion yuan.
For the North and South cars, the “in-the-road†demand currently tendered by the railway bureaus accounts for about 50% of their income. The EMUs are still an important source of income and profits, and the category with the highest profit margin and the largest output value. A truck is about 400,000 yuan, a bus is more than 2 million yuan, a locomotive is more than 10 million yuan, and a train has at least 100 million yuan. The price of an EMU with a speed of 250 kilometers per hour is about 130 million yuan, and the speed is 350. The price of non-cold EMUs is about 190 million yuan, and the price of high-altitude EMUs is higher, about 210 million yuan.
In addition to the North and South cars, related motor vehicle parts manufacturers will also benefit, including Jinxi axle (600495.SH), Yonggui Electric (300351.SZ), Kaier new material (300234.SZ), China Railway Second Bureau ( 600528.SH), brilliant technology (002296.SZ) and so on.
Huazhong Securities analyst Hua Zhongyu pointed out that the market believes that due to the end of the domestic high-speed rail construction peak, the demand for railway equipment will face a big problem in 2016, and there may be a large decline, but due to the gradual opening of railway equipment export space and The domestic intercity railway will start construction during the 13th Five-Year Plan period, and the railway equipment industry will maintain a growth of 15%~20% in the next 3 to 5 years.
Investment in railway projects in the attached part (unit: 100 million yuan)
Project total investment project investment vehicle purchase fee
Liuzhou-Yuzhou Railway Project 196190.95.1
Duolun to Fengning Railway Duolun to Tahuangqi Section Double Line Project 64.960.44.5
Lanzhou to cooperative railway project 104.571031.57
Chengkun Railway Emei to Miyi Section Expansion Project 45534320
New Yinchuan-Xi'an Railway Project 708.5676.532
Abstract While the Chinese premier is promoting the “going out†of China's high-speed rail, domestic railway construction is also heating up, and railway construction and vehicle manufacturers will share more dividends. The "First Financial Daily" reporter learned from the National Development and Reform Commission yesterday,...
At the same time as the Prime Minister is promoting the “going out†of China's high-speed rail, domestic railway construction is also heating up, and railway construction and vehicle manufacturers will share more dividends.