Houpu Clean Energy (SZ:300471)2022-12-06 02:56Group 1: Market Opportunities - The "13th Five-Year Plan" for natural gas development will enhance the overall supply level and alleviate structural supply imbalances, creating favorable conditions for market expansion [1][2] - Increased natural gas supply is expected to lower market prices, enhancing the price competitiveness of natural gas compared to fuel oil, thus stimulating end-user demand [1][2] - The plan will drive demand for LNG storage, transportation, and refueling products, benefiting the company's core products [2] Group 2: Business Scope and Core Competitiveness - The company has expanded its business beyond just providing refueling station equipment to cover the entire clean energy natural gas industry chain, including purification, liquefaction, gasification, transmission, and distributed power generation [3] - The company positions itself as a comprehensive solution provider for clean energy, which is its core competitive advantage [3] Group 3: Government Policies and Market Impact - The "coal-to-gas" project is expected to become a new profit growth source in the next 2-3 years, with significant market demand and the company's capability to meet related needs [4] - The Chengdu government's energy consumption adjustment plan aims for non-fossil energy consumption to reach over 30.3% by 2020, which will create opportunities and challenges for the company's product sales [5] Group 4: Future Business Directions - The company is capable of undertaking natural gas power station construction, including centralized and distributed power stations, and plans to expand into this area [6] - The company aims to become a regional intelligent microgrid creator and a comprehensive energy solution provider, with a focus on oil and gas storage and transportation, as well as natural gas chemical engineering [6][7] Group 5: Engineering Capabilities - The company possesses qualifications for engineering consulting, design, and construction, allowing it to undertake projects from initial design to total engineering contracting [8]