unprecedented! What happened to factories in Jiangsu, Zhejiang, Yunnan...multiple provinces that stopped production for the same reason?

Global Coatings Network News: Recently, many underground power consumption dual control policy documents have been issued, and various industries with high energy consumption and high pollution have stopped production and work.

Global Coatings Network News: Recently, many underground power consumption dual control policy documents have been issued, and various industries with high energy consumption and high pollution have stopped production and work.

Before the Mid-Autumn Festival, a group of listed companies announced power cuts and halted production.

A number of listed companies announced the suspension of production

On the evening of September 22, Chenhua (300610) announced that due to the shortage of power supply in Jiangsu, the company's wholly-owned subsidiary Huai'an Chenhua New Materials Co.

On the evening of September 22, Chenhua (300610) announced that due to the shortage of power supply in Jiangsu, the company's wholly-owned subsidiary Huai'an Chenhua New Materials Co.

West Gate (605155) announced on the evening of the 22nd that due to the shortage of power supply, Zhejiang Province has recently implemented power reduction for key energy-using enterprises within its jurisdiction.

West Gate (605155) announced on the evening of the 22nd that due to the shortage of power supply, Zhejiang Province has recently implemented power reduction for key energy-using enterprises within its jurisdiction.

On the same day, Tianyuan shares (002386) also issued an announcement stating that, recently, the Yunnan Provincial Development and Reform Commission issued the "Notice of the Office of the Leading Group for Energy Conservation of Yunnan Province on Resolutely Doing a Good Job in Dual Control of Energy Consumption

On the same day, Tianyuan shares (002386) also issued an announcement stating that, recently, the Yunnan Provincial Development and Reform Commission issued the "Notice of the Office of the Leading Group for Energy Conservation of Yunnan Province on Resolutely Doing a Good Job in Dual Control of Energy Consumption

Affected by factors such as production restrictions in Jiangsu and Yunnan, almost all production capacity of *ST Chengxing (600078) is restricted

Affected by factors such as production restrictions in Jiangsu and Yunnan, almost all production capacity of *ST Chengxing (600078) is restricted due to factors such as production restrictions in Jiangsu and Yunnan, almost all production capacity of *ST Chengxing (600078) is restricted

At the same time, the company’s holding subsidiary, Yunnan Mile Phosphorus Power Chemical Co.

At the same time, the company’s holding subsidiary, Yunnan Mile Phosphorus Power Chemical Co.

*ST Chengxing stated that the Jiangyin factory, Xuanwei factory, Maitreya factory, and Qinzhou factory accounted for almost all of the company’s operating income and net profit.

The recent surge in the price of yellow phosphorus has driven the stock price of *ST Chengxing to soar.

Under the production restriction policy, product prices in many industries remain high

Before the Mid-Autumn Festival, many listed companies have announced that their production capacity has been affected to varying degrees

Before the Mid-Autumn Festival, many listed companies have announced that their production capacity has been affected to varying degrees
.

On the evening of September 16, Yunlu Aluminum announced that since May, due to the tight power supply, industrial enterprises in Yunnan Province have implemented orderly power consumption, and the company and its affiliated companies have significantly reduced the power consumption load
.
Up to now, the company has reduced its electrolytic aluminum production capacity by approximately 770,000 tons due to the impact of power restrictions
.
At the same time, the second phase of the 380,000 tons of hydropower and aluminum project in the Ludian 6.
5 magnitude earthquake recovery and reconstruction project completed by the company's holding subsidiary Yunnan Yunlu Haixin Aluminum Co.
, Ltd.
failed to be put into operation as originally planned
.

On the evening of September 16, Yunlu Aluminum announced that since May, due to the tight power supply, industrial enterprises in Yunnan Province have implemented orderly power consumption, and the company and its affiliated companies have significantly reduced the power consumption load
.
As of now, the company has reduced its electrolytic aluminum production capacity by approximately 770,000 tons , and the company has reduced its electrolytic aluminum production capacity by approximately 770,000 tons
.
At the same time, the company's holding subsidiary Yunnan Yunlu Haixin Aluminum Co.
, Ltd.
has completed the construction of the second phase of the 380,000 tons of hydropower aluminum project after the 6.
5 magnitude earthquake in Ludian, which failed to be put into operation as originally planned
.

Yunlu said in the announcement that the orderly use of electricity and the reduction in output will have a greater impact on the company's key technical indicators, product costs and economic benefits
.

Yunlu said in the announcement that the orderly use of electricity and the reduction in output will have a greater impact on the company's key technical indicators, product costs and economic benefits
.

On the evening of September 17, Shenhuo announced that due to the tight power supply, since May 10, Yunnan Power Grid Co.
, Ltd.
has implemented orderly power supply to electrolytic aluminum enterprises in Yunnan Province.
The company’s holding subsidiary, Yunnan Shenhuo Aluminum Co.
, Ltd.
The total load of power supply and consumption has dropped significantly, and it has been forced to stop 200,000 tons , and the production capacity has dropped to 550,000 tons.
The second series and the third stage of 150,000 tons have not been started as scheduled
.

On the evening of September 17, Shenhuo announced that due to the tight power supply, since May 10, Yunnan Power Grid Co.
, Ltd.
has implemented orderly power supply to electrolytic aluminum enterprises in Yunnan Province.
The company’s holding subsidiary, Yunnan Shenhuo Aluminum Co.
, Ltd.
The total load of power supply and consumption has dropped significantly, and the company’s holding subsidiary Yunnan Shenhuo Aluminum Co.
, Ltd.
has been forced to suspend operations of 200,000 tons .
The total load of power supply and use of Yunnan Shenhuo Aluminum Co.
, Ltd.
Tons, the second series and the third stage of 150,000 tons also failed to start as scheduled
.

Driven by the policy of restricting production, the prices of segmented products in many industries have remained high
.

Driven by the policy of restricting production, the prices of segmented products in many industries have remained high
.

CITIC Securities said that at the macro level, due to the overall tight domestic supply and strong demand, the coal mining and processing industry, chemical raw materials and chemical product manufacturing, ferrous metal smelting and rolling processing industries and other industries have further expanded year-on-year growth, driving the PPI in August.
At the meso level, under the promotion of local production restriction policies, the prices of subdivided products in the chemical, non-ferrous, coal, steel, photovoltaic, and building materials industries remained high
.
The short-term recommendation is to continue to pay attention to investment opportunities under the logic of price increases
.

CITIC Securities said that at the macro level, due to the overall tight domestic supply and strong demand, the coal mining and processing industry, chemical raw materials and chemical product manufacturing, ferrous metal smelting and rolling processing industries and other industries have further expanded year-on-year growth, driving the PPI in August.
At the meso level, under the promotion of local production restriction policies, the prices of subdivided products in various industries such as chemical, non-ferrous, coal, steel, photovoltaic, and building materials have maintained high prices.
Chemical, non-ferrous, coal, steel, photovoltaic, building materials, etc.
The prices of subdivided products in multiple industries remained high
.
The short-term recommendation is to continue to pay attention to investment opportunities under the logic of price increases
.

Tianfeng Securities believes that for cyclical stocks, the fiscal and credit policies are relatively clear in sequence, and the uncertainty is the magnitude
.
Since the core influencing factor of cyclical stocks is supply rather than demand, it is necessary to pay close attention to supply changes and price signals
.
Iron and steel should pay close attention to the progress of the production restriction policy.
At present, the production capacity and inventory of steel mills are declining, and the consumer side is still weak, the thread is slightly stronger, and the hot coil is weaker
.
Coal should pay attention to the situation of increasing production and supply.
In mid-September, open-pit coal mines with an annual production capacity of nearly 50 million tons will be approved for continued land use, and these coal mines will gradually resume normal production
.

Tianfeng Securities believes that for cyclical stocks, the fiscal and credit policies are relatively clear in sequence, and the uncertainty is the magnitude
.
Since the core influencing factor of cyclical stocks is supply rather than demand, it is necessary to pay close attention to supply changes and price signals
.
Iron and steel should pay close attention to the progress of the production restriction policy.
At present, the production capacity and inventory of steel mills are declining, and the consumer side is still weak, the thread is slightly stronger, and the hot coil is weaker
.
Coal should pay attention to the situation of increasing production and supply.
In mid-September, open-pit coal mines with an annual production capacity of nearly 50 million tons will be approved for continued land use, and these coal mines will gradually resume normal production
.

These areas have more impact

These areas have more impact

The so-called "dual control of energy consumption" policy refers to the related policy of dual control of energy consumption intensity and total amount
.
According to CBN, a number of industry insiders told reporters that since this year, the assessment of "dual energy consumption control" has been stricter, and the assessment results will be used as the basis for the evaluation of the work of the local leadership team
.
In the first quarter and half of this year, the National Development and Reform Commission also issued the target warning levels for energy consumption intensity reduction progress and the target warning levels for total energy consumption control.
The governments of various regions that are listed as red have more control over energy-intensive enterprises in their regions.
It will be more powerful
.

The so-called "dual control of energy consumption" policy refers to the related policy of dual control of energy consumption intensity and total amount.
The so-called "dual control of energy consumption" policy refers to the related policy of dual control of energy consumption intensity and total amount
.
According to CBN, a number of industry insiders told reporters that since this year, the assessment of "dual energy consumption control" has been stricter, and the assessment results will be used as the basis for the evaluation of the work of the local leadership team
.
In the first quarter and half of this year, the National Development and Reform Commission also issued the target warning levels for energy consumption intensity reduction progress and the target warning levels for total energy consumption control.
The governments of various regions that are listed as red have more control over energy-intensive enterprises in their regions.
The regional governments that will be listed as red will be more powerful if they increase the control of high-energy-consuming enterprises in the region
.

The "Barometer of Completion of Energy Consumption Dual Control Targets in Various Regions in the First Half of 2021" issued by the National Development and Reform Commission shows that in terms of energy consumption intensity reduction, Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Xinjiang , Yunnan , Shaanxi, and Jiangsu 9 In the first half of the year, the energy consumption intensity of these provinces (regions) rose instead of falling, and was classified as a red first-level warning; in terms of total energy consumption control, eight provinces including Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Yunnan, Jiangsu, and Hubei (District) is classified as a red first-level warning
.

The "Barometer of Completion of Energy Consumption Dual Control Targets in Various Regions in the First Half of 2021" issued by the National Development and Reform Commission shows that in terms of energy consumption intensity reduction, Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Xinjiang , Yunnan , Shaanxi, and Jiangsu 9 In the first half of the year, the energy consumption intensity of these provinces (regions) rose instead of falling, and was classified as a red first-level warning; in terms of total energy consumption control, eight provinces including Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Yunnan, Jiangsu, and Hubei (Districts) are classified as red in terms of energy consumption intensity reduction, Qinghai, Ningxia, Guangxi, Guangdong, Fujian , Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Xinjiang , Yunnan , Shaanxi , 9 Jiangsu provinces (regions) in the first half of the year did not decrease their energy consumption intensity, but were listed as a red first-level warning; in terms of total energy consumption control, Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Yunnan, Jiangsu, and Hubei Eight provinces (regions) were classified as red first-level warnings.
Xinjiang , Yunnan , Shaanxi, and Jiangsu 9 provinces (regions) in Xinjiang , Yunnan , Shaanxi, and Jiangsu increased their energy intensity in the first half of the year, and were classified as red first-level warnings; In terms of quantity control, eight provinces (regions), Qinghai, Ningxia, Guangxi, Guangdong, Fujian, Yunnan, Jiangsu, and Hubei, are listed as red first-level warning Yunnan
.

According to China Business News, the governments of the above-mentioned regions are indeed gradually increasing the supervision and inspection of "dual energy consumption control"
.

According to China Business News, the governments of the above-mentioned regions are indeed gradually increasing the supervision and inspection of "dual energy consumption control"
.

For example, Yunnan Province, which has been listed as a first-level early warning for two consecutive quarters this year, is determined to accept questions from reporters through its Development and Reform Commission today: the next step will be to focus on the decline in energy consumption intensity, and to consolidate the city’s responsibility for implementing dual control goals.
Resolutely clean up and rectify projects that violate laws and regulations, strictly manage the "two highs" project management and daily supervision, and comprehensively clean up the "two highs" industry project preferential policies
.

For example, Yunnan Province, which has been listed as a first-level early warning for two consecutive quarters this year, is determined to accept questions from reporters through its Development and Reform Commission today: the next step will be to focus on the decline in energy consumption intensity, and to consolidate the city’s responsibility for implementing dual control goals.
Resolutely clean up and rectify projects that violate laws and regulations, strictly manage the "two highs" project management and daily supervision, and comprehensively clean up the "two highs" industry project preferential policies
.

Jiangsu Province, which was also listed as a first-level warning in the first half of the year, has already pushed the steel companies in the province to suspend production and limit production
.

Jiangsu Province, which was also listed as a first-level warning in the first half of the year, has already pushed the steel companies in the province to suspend production and limit production
.