积极布局氢能产业链，重视绿氢绿氨绿醇投资机会 20251130 当前电信板块的主要观点是什么？ 摘要 当前电信板块的主要观点是建议积极布局新的产业链，特别是重视制氢和绿氢 应用相关的产业机会。我们认为在"十五五"期间，绿氢产业链将发生重要变 化。在近期国家发改委新闻发布会上，提及了在重点领域推动绿氢、绿氨、绿 醇规模化发展，这表明未来将更加注重规模化。 国家政策推动绿氢、绿氨、绿醇规模化发展，预示着氢能产业将迎来规 模化扩张，尤其是在"十五五"期间，绿氢有望成为新的经济增长点和 可再生能源非电利用的关键。 市场对绿色甲醇的应用关注度日益增加，特别是在航运领域，若全球转 向使用绿色甲醇，市场空间预计可达 8,000 亿元；同时，绿氢替代传统 制氢方式也将形成巨大的市场潜力。 建议重点关注绿色甲醇和制备环节，打通下游应用是关键，电解槽环节 也值得关注，阳光电源、隆基绿能等龙头企业已积极布局电解槽业务， 并取得良好进展。 AIDC 电源领域，固态变压器和高功率 PSU 是重点推荐方向，尽管短期 内可能不具备系统性风口，但市场关注度高，且在 AIDC 供电系统中具 有重要地位。 看好 AIGC 配储，尤其是 ADC ...

Core Viewpoint - The article highlights the significant advancements made by Shijiazhuang Anruike Gas Machinery Co., Ltd. in the field of large-scale green hydrogen storage and transportation systems, marking a key breakthrough in China's technology landscape for green hydrogen [2][4]. Group 1: Technological Advancements - The newly shipped "high-pressure large-scale green hydrogen storage and transportation system" represents a collaborative achievement between Shijiazhuang Anruike and Baosteel, showcasing advanced domestic technology in this field [4]. - Traditional low-pressure hydrogen storage technologies face challenges such as large land requirements, complex on-site construction, quality control difficulties, and high storage costs. Shijiazhuang Anruike has successfully addressed these issues through innovative manufacturing processes and new hydrogen storage and transportation workflows [5]. - The new system features leading structural characteristics and excellent safety performance, achieving significant advantages in both unit hydrogen storage and transportation costs, as well as overall system operating costs [5]. Group 2: Market Impact and Applications - The modular design and large-scale factory production of the green hydrogen storage system ensure high-quality consistency and enable rapid on-site installation, significantly shortening project construction timelines [7]. - The successful shipment of this system demonstrates that Shijiazhuang Anruike's products have gained high market recognition and are ready for large-scale commercial applications. The system's solutions can support "energy storage-style hydrogen storage" and provide stable and reliable hydrogen supply for new large-scale applications in green hydrogen ammonia and green metallurgy [8]. - Shijiazhuang Anruike is positioned as an industry leader, having transitioned from a traditional equipment manufacturer to a provider of core green hydrogen storage and transportation solutions, thereby enhancing its market influence and driving the industry chain [10].

Core Insights - The article emphasizes that hydrogen energy has been identified as a future industry in China's 15th Five-Year Plan, indicating a transition from demonstration to large-scale commercialization [1][3][5] - Predictions suggest that by 2030, China's green hydrogen production could exceed 3 million tons, creating a market worth over 1 trillion yuan [3][5] Industry Development - As of the end of 2024, China's hydrogen production capacity is expected to surpass 50 million tons, with a consumption scale exceeding 36.5 million tons, making it the largest in the world [5] - Renewable energy-based hydrogen production capacity is projected to exceed 120,000 tons annually, with over 540 hydrogen refueling stations established and approximately 24,000 fuel cell vehicles promoted [5] - The price of hydrogen production is anticipated to drop to 28 yuan per kilogram, while consumption prices are expected to reach 48.6 yuan per kilogram, reflecting year-on-year decreases of 15.6% and 13.7% respectively [5] Regional Initiatives - Local governments are playing a crucial role in the implementation of hydrogen energy projects, with cities like Foshan developing comprehensive policy support systems and establishing a full hydrogen energy industry chain [6][7] - Foshan has activated various application scenarios, including 17 hydrogen refueling stations and the deployment of 1,350 hydrogen buses [6] - Shandong province is advancing a "Hydrogen into Thousands of Homes" initiative, while Baotou is working on becoming a national model for green hydrogen self-circulation [6] Collaborative Efforts - The article highlights the importance of cross-regional collaboration and the need for a unified approach to develop a robust hydrogen industrial system [8] - Experts suggest that addressing key technological challenges and leveraging emerging technologies like AI and big data will be essential for the future of the hydrogen industry [8]

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请说明赫美集团在绿氢产业链的具体进展、落地计划 及如何保障中小股东权益？绿氢项目推进等具体措施以稳定市场信心？ 赫美集团（002356.SZ）9月22日在投资者互动平台表示，公司风光电制绿氢绿醇项目正在推进，其中， 公司控股子公司宁城氢美投资建设的风光制氢一体化项目（26.25万千瓦风电部分）已经获得行政审批 核准。项目相关进展请以公司在指定信息披露媒体《证券时报》、巨潮资讯网： http://www.cninfo.com.cn以及深圳证券交易所网站披露的公告为准。公司如有重大事项达到信息披露标 准，将及时履行信息披露义务，敬请关注公司公告。公司正在推进战略转型，努力提升经营业绩以提升 公司整体竞争力。 ...

Core Viewpoint - The strategic partnership between Suzhou Qindong Power Technology Co., Ltd. and South Korea's SANG-A Frontec aims to enhance the development and production of key materials in proton exchange membrane (PEM) electrolysis technology, thereby promoting breakthroughs and large-scale applications in the green hydrogen industry [2][4][9]. Group 1: Partnership Details - The collaboration focuses on the research and production of proton exchange membranes and membrane electrodes, leveraging Qindong Technology's expertise in PEM electrolysis catalysts and membrane electrode processes alongside SANG-A Frontec's specialization in membrane material preparation and precision coating technology [6][8]. - The partnership aims to develop high-performance, long-life proton exchange membranes and membrane electrode products to reduce green hydrogen production costs and improve electrolysis efficiency [6][8]. Group 2: Market and Technology Impact - Proton exchange membranes are critical components in PEM electrolysis devices, directly influencing the efficiency and stability of electrolysis cells. The global high-end proton exchange membrane market is currently dominated by a few international companies [8]. - The collaboration is expected to break through technological barriers and provide more competitive PEM electrolysis solutions for both the Chinese and global markets, contributing to the localization of the supply chain from materials to components [8][9]. Group 3: Future Plans - Both companies plan to strengthen their research cooperation on proton membrane and membrane electrode products, focusing on material innovation and optimization [9]. - They aim to expand their market presence in China, South Korea, and Europe, providing core material support for green hydrogen production and energy storage, thus aiding the global energy structure transformation [9].