LSHEC(SH:603169)2022-11-17 14:28Company Overview - Lanzhou Lanshi Heavy Equipment Co., Ltd. focuses on traditional energy equipment manufacturing while actively expanding into the new energy sector, including photovoltaic polysilicon, nuclear energy, and hydrogen energy markets [2][3]. New Energy Development Plans - During the 14th Five-Year Plan, the company aims to leverage national "dual carbon" policies to enhance its traditional energy equipment manufacturing and expand into new energy equipment [2][3]. - Key areas of focus include: - Nuclear Energy: Strengthening the nuclear equipment industry chain and product line, collaborating with core clients and industry leaders [3]. - Hydrogen Energy: Exploring the hydrogen industry chain's potential value, including upstream hydrogen production and downstream fuel cell applications [4]. - Photovoltaic Equipment: Leading the domestic production of nickel-based alloy materials for photovoltaic polysilicon equipment [3][4]. Strategic Collaborations - The company has established strategic partnerships with institutions such as Shanghai Nuclear Engineering Research and Design Institute and Lanzhou University to enhance its nuclear energy capabilities [3]. Market Conditions - The photovoltaic industry is experiencing increased attention due to the dual carbon goals and the need for a new power system, leading to heightened competition and demand for advanced technology [4]. - The company has secured multiple orders for photovoltaic polysilicon projects from major players like Dongfang Hope and Asia Silicon since 2021 [4]. Hydrogen Energy Business - The company's hydrogen energy operations encompass: - Hydrogen Production: Equipment for coal gasification hydrogen production. - Hydrogen Storage: Low-pressure hydrogen gas balloon tanks. - Hydrogen Refueling Stations: Providing microchannel heat exchangers [4]. - The company is also developing high-pressure hydrogen storage equipment and electrolysis hydrogen production devices [4].