124 outward investment announcements reveal a significant increase in investment enthusiasm of A-share private enterprises
2023-10-27
Since the release of the "31 Regulations on Private Economy", the investment enthusiasm of A-share private listed companies has significantly increased. According to incomplete statistics from the Shanghai Securities News reporter, 124 private listed companies have issued outward investment announcements since July, of which 42 companies have invested more than 1 billion yuan, and there are also tens of billions of large orders. The largest outward investment amount is as high as 18 billion yuan, injecting strong momentum into the development of the real economy through real gold and silver investments. The reporter found that the investment of listed private enterprises in the third quarter showed a significant feature - "multi point flowering". Compared to before, the investment industries were more diversified and the investment regions were more extensive. Although the new energy battery industry chain and photovoltaic industry are still investment hotspots, recent investment areas have spread to industries such as new materials, food processing, and biopharmaceuticals. At the same time, various regions across the country have achieved effective results in promoting investment attraction, and industrial investment has blossomed everywhere. According to Fu Lichun, a financial committee member of the China Market Association, compared to state-owned enterprises, the investment of private enterprises is more market-oriented. With the introduction of supportive policies and the recovery of the economy, the investment enthusiasm of private enterprises is gradually increasing. Photovoltaics are still hot, and multi industry investment in the photovoltaic industry is still a hot investment topic for listed private enterprises. The latest example of large-scale investment is Liansheng Technology. On October 23rd, Liansheng Technology announced that it plans to build a new energy 12GW heterojunction battery project in Nantong, Jiangsu, with an estimated total investment of about 2 billion yuan. Combined with previous investments, Liansheng Technology's total investment in the photovoltaic field has exceeded 6 billion yuan. This is just a microcosm of the large-scale expansion of photovoltaic enterprises. On July 17th, ATES launched a heavyweight investment plan to increase its investment in the entire photovoltaic industry chain project. The announcement shows that the company plans to invest in the construction of a photovoltaic new energy full industry chain project in Hohhot City. Among them, the total investment of the first phase project is about 18 billion yuan, including an annual production of 30GW single crystal rod pulling project, 80GW crucible project, 10GW single crystal slicing project, 10GW solar cell project, 5GW photovoltaic module project, and 5GW related supporting product project. The first phase of the single crystal rod pulling project is planned to reach production in March 2024, while other projects are planned to reach production in September 2024. The investment of 18 billion yuan by Atlas is also the highest among the listed private enterprises in the third quarter. The reporter found that the investment directions of 124 listed private enterprises are becoming more diversified. For example, one of the two companies that invested over 10 billion yuan, 3D Holdings plans to invest 14.8 billion yuan in the construction of a chemical materials project. Specifically, on October 21st, 3D Corporation announced that its subsidiary Inner Mongolia 3D New Materials Co., Ltd. had signed an investment framework agreement with the Management Committee of Wuhai High tech Industrial Development Zone. The former plans to invest in the construction of 700000 tons/year BDO (1,4-butanediol), 500000 tons/year biodegradable plastic PBAT, 240000 tons/year high-end polyether material PTMEG, 100000 tons/year NMP (N-methylpyrrolidone) and supporting green power projects in the latter's jurisdiction. The total investment in the above-mentioned cooperation is 14.8 billion yuan, including the original planned investment of 8.7 billion yuan in the second phase, and the new planned investment of 6.1 billion yuan, including 1.3 billion yuan in BDO and NMP investment and green power investment
Edit:Hou Wenzhe Responsible editor:WeiZe
Source:Shanghai Securities Daily
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