Which stocks will become hot spots due to Sino-US dialogue?

Impact

CICC: The Sino-US Strategic Economic Dialogue will not cause the RMB to appreciate against the US dollar

The Sino-US Economic Dialogue has opened up significant opportunities for clean energy

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China and the United States hold strategic and economic dialogue Energy conservation and environmental protection 6 families benefit (shareholding)

The opening ceremony of the second round of China-US strategic and economic dialogue was held

China News Beijing, May 24 (Reporter Zhang Weiran) The opening ceremony of the second round of China-US Strategic and Economic Dialogue was held at 9 a.m. this morning in the Great Hall of the People. Chinese Vice Premier Wang Qishan, State Councilor Dai Bingguo, US Secretary of State Clinton, and Treasury Secretary Geithner attended.

After the opening ceremony, China and the United States will hold strategic dialogue and economic dialogue. Under the framework of the strategic dialogue, relevant departments of the two countries will conduct counterpart consultations and bilateral meetings on issues such as energy security, climate change, United Nations peacekeeping, and counter-terrorism. Under the framework of the economic dialogue, the two sides will focus on the theme of "ensuring a sustainable, mutually beneficial and win-win Sino-US economic partnership" to discuss economic recovery and growth, trade and investment, financial market stability and reform, and international financial system reform. topics are discussed.

Wang Qishan: China and the United States are not zero-sum rivals

On May 24, Vice Premier Wang Qishan stated at the opening ceremony of the second round of the China-US Strategic and Economic Dialogue that China and the United States The high degree of economic complementarity makes the two countries not opponents in a zero-sum game, but mutually beneficial and win-win partners.

Wang Qishan expressed the hope that this dialogue can expand political understanding, narrow differences, and promote the healthy and stable development of the relationship between China and Taiwan.

Chinese President Hu Jintao will attend the opening ceremony of the second round of China-US Strategic and Economic Dialogue and deliver an important speech.

Hu Jintao attended the opening ceremony of the second round of China-US Strategic and Economic Dialogue and delivered a speech

China News Service, Beijing, May 24 (Reporter Zhang Weiran) The second round of China-US Strategic and Economic Dialogue The opening ceremony of the Economic Dialogue was held this morning at the Great Hall of the People. Chinese President Hu Jintao attended the opening ceremony and delivered a speech.

Chinese Vice Premier Wang Qishan, US Secretary of State Clinton, Chinese State Councilor Dai Bingguo, and US Treasury Secretary Geithner also delivered speeches at the opening ceremony.

After the opening ceremony, China and the United States will hold strategic dialogue and economic dialogue. Under the framework of the strategic dialogue, relevant departments of the two countries will conduct counterpart consultations and bilateral meetings on issues such as energy security, climate change, United Nations peacekeeping, and counter-terrorism. Under the framework of the economic dialogue, the two sides will focus on the theme of "ensuring a sustainable, mutually beneficial and win-win Sino-US economic partnership" to discuss economic recovery and growth, trade and investment, financial market stability and reform, and international financial system reform. topics are discussed.

Economic and trade issues will be the highlight of the strategic economic dialogue between China and the United States

According to the Voice of China's "News Horizontal" report at 7:03, in less than 2 hours, the much-anticipated The second round of the China-U.S. Strategic and Economic Dialogue will be officially opened in Beijing. This is also the first time that the China-U.S. strategic and economic dialogue platforms have been integrated into one.

Yesterday, as the special representatives of US President Obama: US Treasury Secretary Geithner and US Secretary of State Hillary Clinton have arrived in Beijing. Nearly 50 senior officials from more than 40 departments in China and the United States will** *Participate in this important dialogue. Sino-US relations experienced twists and turns at the beginning of the year. In the critical period when the world economy has just turned around, and when the world economy is facing the challenge of the European debt crisis, the high-level interactions between China and the United States have undoubtedly attracted the world's attention.

Strategy: Mutual interests are the top priority

For China and the United States, this dialogue comes after the relationship between the two countries encountered a series of difficulties and disturbances some time ago. held against the background. Therefore, for both countries, deepening strategic mutual trust and expanding cooperation are undoubtedly top priorities.

Cui Tiankai said: "Under the current circumstances, successfully holding the second round of China-US Strategic and Economic Dialogue will be important to implement the consensus of the leaders of the two countries, enhance strategic mutual trust between China and the United States, and expand mutually beneficial cooperation between the two countries. It is of great significance to promote the construction of active cooperation and comprehensive Sino-US relations in the 21st century. "

Some experts pointed out that in the transitional stage of international relations, cooperation to deal with common challenges has become an important issue for China and the United States. inevitable strategic choice. The key to maintaining and developing Sino-US relations lies in focusing on common strategic interests and establishing and continuously developing the Strategic and Economic Dialogue, a mechanism that promotes cooperation and prevents friction from getting out of control.

From an economic perspective, the "common interests" between China and the United States are even more obvious. Zhu Guangyao said: "China is the largest developing country, and China and the United States are each other's second largest trading partner. In the global economic system and in the economic relations between the two countries, interdependence is becoming increasingly obvious."

< p>British experts believe that China and the United States are "cautiously interdependent." Both countries realize that if one side takes aggressive actions against the other, it will seriously harm its own economic interests.

Doug Bao, former Director of Asian Affairs at the U.S. National Security Council and now Vice Chairman of the famous American think tank Carnegie Endowment for Peace, believes: "In the process of handling Sino-U.S. relations, we should not limit our vision to We should take a longer-term view instead of seeing immediate friction." He also said that both sides should seek some new common interests.

Economy: The RMB exchange rate will not become the core issue

For the outside world, the focus on this dialogue between China and the United States is more on the economic level. Some analysts pointed out that whether it is to prevent the world economy from hitting bottom again or to speed up the pace of reform of the international financial order and regulatory system, the consensus that China and the United States may reach will have an impact on the G20 Summit to be held next month, and even on the world have an important impact on the future development of the economy.

According to the latest news, although the RMB exchange rate issue that has been of concern to the outside world will be discussed in the dialogue, it will not become the core issue of discussion between the two sides as previously expected by the media and academic circles. Bilateral trade balance is likely to become the core content of bilateral economic dialogue.

In addition to the main topics that have been announced, a major background of this dialogue: the European sovereign debt crisis will also become the focus of the economic dialogue. Some media analysts pointed out that the European debt crisis panic that spread from the Greek crisis has made many people worry that the world economy will hit a double bottom. Under such circumstances, all countries are looking at whether China and the United States can resolve conflicts and increase cooperation to stabilize and even lead the world economy to new heights. As the world's largest and third largest economies, China and the United States must strengthen macroeconomic policy coordination.

In this regard, Zhu Guangyao, Assistant Minister of Finance of China, said that this round of dialogue will assess the latest developments in the world economic situation, especially the European sovereign debt crisis and its impact on the world economy, and promote the adoption of sustainable Fiscal policy, manage inflation expectations, and promote structural adjustment.

The "offensive and defensive war" between China and the United States. The United States appears weak in all fields?

According to the "Global Times" report published on May 24, every dialogue between China and the United States in the past In fact, it is regarded by the outside world as an "offensive and defensive war" between the two countries. As China's national power continues to rise, the first round of the US-China Strategic and Economic Dialogue held last year has been regarded as a witness to the "transition between US and China's offensive and defensive".

The American "Statesman" website said on July 28 last year, "Chinese officials forced U.S. officials to expose the scale of U.S. debt and even questioned the hegemony of the U.S. dollar. In contrast, U.S. officials are almost everywhere All areas appear weak."

On the 23rd, the Wall Street Journal of the United States published a signed article by Chinese Finance Minister Xie Xuren. In the article, Xie Xuren explained to American readers the supporting role that China-US economic relations have played in maintaining low inflation and high growth in the United States for many years. , and stated that "if the United States can relax export restrictions on China's civilian high-tech products, the United States' export competitiveness will be more fully utilized, which will also help balance Sino-US trade." His words were regarded by the outside world as China's request to the United States.

CICC: China-U.S. Strategic Economic Dialogue will not cause the RMB to appreciate against the U.S. dollar

We believe that this week’s Sino-U.S. Strategic Economic Dialogue (SED) will not cause the RMB to appreciate against the U.S. dollar Appreciation; on the contrary, when the exchange rate of the euro against the US dollar returns to a long-term sustainable level in the future, the possibility of RMB appreciation will increase significantly. SED may discuss lifting some administrative restrictions on the export of high-tech products from the United States to China. Compared with appreciation, this will have a greater effect on improving the trade balance between the two sides. Europe and the United States are facing the risk of deflation. The recent sharp decline in commodity prices and the limited increase in domestic pork prices have alleviated inflationary pressure in China. We maintain our full-year inflation forecast of 3% (lower than market expectations) and reiterate that inflation will fall after hitting a high in the middle of the year. Our international comparisons show that China's housing demand still has considerable room for growth, supporting real estate prices in the medium to long term.

China-U.S. economic dialogue opens up opportunities for clean energy today

Editor’s note:

From May 24 to 25, the world’s attention once again focused on Beijing , the second round of Strategic and Economic Dialogue between China and the United States was grandly held. The two sides will discuss a number of topics including promoting mutually beneficial and win-win trade and investment, financial market stability and reform. In the fields of energy conservation, environmental protection, clean energy and new materials, the United States has the technology and China has the market. The two sides are most likely to achieve breakthrough cooperation. They are the three major industries that will most clearly benefit from the second round of China-US strategic and economic dialogue.

The dialogue centered on four major topics

The second round of China-US Strategic and Economic Dialogue was held in Beijing from May 24 to 25. The two sides agreed that the theme of the second round of economic dialogue is "Ensuring sustainable development, mutual benefit and a win-win China-US economic partnership." Focusing on this theme, the two sides will discuss the following topics:

First, promote strong economic recovery and more sustained and balanced economic growth. It mainly includes assessing the latest developments in the world economic situation, especially the European sovereign debt crisis and its impact on the world economy, promoting the adoption of sustainable fiscal policies, managing inflation expectations, and promoting structural adjustments and other issues.

The second is to promote mutually beneficial and win-win trade and investment. It mainly discusses building an open investment environment, promoting open trade, and opposing trade protectionism.

The third is financial market stability and reform. They mainly exchanged views on the progress of financial regulatory reform, the development of the financial sector, strengthening bilateral and multilateral coordination, and the role of the financial sector in promoting balanced economic development.

The fourth is the reform of the international financial system. The two sides will evaluate the progress since the Pittsburgh Summit and discuss further deepening cooperation between the two countries in the reform of international financial institutions, including promoting the International Monetary Fund to complete the quota target set at the Pittsburgh Summit as scheduled.

Locke tackles the clean energy market

According to the schedule, US Secretary of Commerce Gary Locke will go to Tianjin on May 22 to visit two local US-funded clean energy companies. On May 23, Chinese Minister of Commerce Chen Deming will hold talks with Locke in Beijing. The two sides will mainly discuss how to further strengthen economic and trade cooperation and reduce trade frictions.

In fact, 24 US business delegations accompanied Locke on his visit to China this time, covering areas such as clean energy, energy efficiency and power storage, transmission and distribution. They are not only the outposts of the U.S. delegation for the second round of the China-U.S. Strategic and Economic Dialogue scheduled to be held on May 24, but also the pioneers of the U.S. clean energy industry’s official entry into China.

At the press conference before leaving, Locke said that his trip to China will focus on recommending American technologies such as clean energy, energy utilization, power storage, transportation and distribution, hoping to bring more to the United States. business opportunities and jobs, while also helping China improve energy efficiency.

Obviously, in the fields of energy conservation, environmental protection, clean energy and new materials, the United States has technology and China has the market. The complementary advantages are very obvious. China and the United States are most likely to achieve breakthrough cooperation and are the two countries that will benefit from the second round of cooperation between China and the United States. The three major industries have the clearest strategic and economic dialogue.

Clean energy: Nuclear power leads the way

With the opportunity of the Sino-US strategic and economic dialogue, coupled with the country’s support for energy conservation and environmental protection policies, clean energy listed companies will be It has attracted much market attention and is expected to usher in a new stage of rapid development.

New energy includes primary energy sources such as solar energy, biomass energy, nuclear energy, wind energy, geothermal energy, and ocean energy, as well as hydrogen energy in secondary power sources. Since both photovoltaic and wind power are limited by the peak load regulation bottleneck of the power grid, nuclear power has become the focus of the new energy field. Judging from my country's current power supply structure, the proportion of coal power has been around 75% for a long time, and nuclear power only accounts for 1.9%, which is far from the global nuclear power accounted for 17% of the total power generation. In order to achieve the goal of non-fossil energy accounting for 15% of primary energy consumption by 2020, vigorously developing nuclear power has become an inevitable choice.

At the same time, the increasing number of contract orders will also give the nuclear power equipment industry greater growth expectations. Nanfeng Co., Ltd. recently announced that "the company has been determined by CGN as the winning bidder for Units 3, 4, 5, and 6 of Guangdong Yangjiang Nuclear Power Plant and Units 1 and 2 of Guangxi Fangchengang Nuclear Power Plant LOT150A Nuclear Island Ventilation and Air Conditioning System Equipment Project. The total winning amount is 317.25 million yuan, which will have a positive impact on the company's annual performance from 2011 to 2014."

This kind of information means that the golden decade of nuclear power has had a substantial impact on the performance of related listed companies. Therefore, analysts believe that in the sharp market decline, investors can choose opportunities to buy nuclear power equipment stocks at low prices. Among them, Dongfang Electric (600875), Nanfeng Group (300004), CNNC (000777), and Shanghai Electric (601727) , China No.1 Heavy Equipment (601106), No.2 Heavy Equipment Co., Ltd. (601268), Xiangdian Electric Co., Ltd. (600416), etc. can be actively followed.

New energy materials: lithium batteries have great potential

New energy materials also have new materials and new energy concepts in the seven emerging industries, and have broad future development prospects. Industry researchers said that considering the current development status of relevant enterprises in my country, product maturity, secondary market stock price performance and other factors, lithium-ion batteries, which will be the mainstream of vehicle power batteries in the future, will be a better investment target.

The main listed companies related to domestic lithium battery cathode materials include Tibet Mining (000762), Shanshan Co., Ltd. (600884), CITIC Guoan (000839) and China Baoan (000009). Among them, Tibet Mining mainly has advantages in upstream raw materials. The company has a 20-year mining right to the Zabuye Salt Lake (with proven lithium carbonate reserves exceeding 2 million tons).

In addition, new energy material research hot spots and cutting-edge technologies also include high-energy hydrogen storage materials, polymer battery materials, medium-temperature solid oxide fuel cell electrolyte materials, polycrystalline thin film solar cell materials, etc. The main relevant listed companies include Zhongke Sanhuan (000970), Jinjing Technology (600586), Tianwei Baobian (600550), Antai Technology (000969), Corun (600478), Foshan Lighting (000547), Fosu Plastics ( 000973), Jiangsu Cathay (002091), Zhongju High-tech (600872), Tongji Technology (600846), SAIC Motor (600104) and TBEA (600089).

Energy Saving and Environmental Protection: Pay Attention to the Six Major Families

Putting aside the importance of the current international situation and Sino-US relations, as far as the securities market is concerned, this round of Sino-US strategy and economy Conversation also has a substantive impact. The dialogue between China and the United States has brought more impetus and opportunities to the development of the energy conservation and environmental protection industry. Research reports from major securities firms have "hotly recommended" energy conservation and environmental protection.

Everbright Securities believes that the revenue scale of the domestic energy-saving industry will show a compound growth of more than 40% in the next three years, and relevant listed companies deserve attention. According to statistics, the energy-saving and environmental protection industry can be subdivided into six major families:

The first is energy-saving power electronic equipment, including Zhixin Electric (600517), Dongyuan Electric (002047), Xuji Electric (000400), Hua Optical Co., Ltd. (600475), Guodian Nanzi (600268).

The second is the CDM concept, including Juhua Co., Ltd. (600160), Sanaifu (600636), and Tianfu Thermal Power (600509).

The third is power plant desulfurization, including Feida Environmental Protection (600526), ??Longjing Environmental Protection (600388), Kaidi Electric Power (000939), and Zhejiang University Insigma (600797).

The fourth is energy-saving building materials, including Shuangliang Co., Ltd. (600484), Yantai Wanhua (600309), and Beixin Building Materials (000786).

The fifth is water and solid waste treatment and environmental protection, including Sound Environment (000826), Entrepreneurship Environmental Protection (600874), and Capital Investment (600008).

Sixth is energy-saving lighting, including Jiangsu Sunshine (600220), Foshan Lighting (000541), Zhejiang Sunshine (600261), Lianchuang Optoelectronics (600363), etc.

China and the United States held a strategic and economic dialogue to benefit 6 families on energy conservation and environmental protection (attached shares)

From May 24 to 25, the world’s attention once again focused on Beijing, and both China and the United States The second round of strategic and economic dialogue will be held grandly.

In the fields of energy conservation, environmental protection, clean energy and new materials, the United States has technology and China has the market. The complementary advantages are very obvious. China and the United States are most likely to achieve breakthrough cooperation, which is the second round of strategic cooperation between China and the United States. The three major industries have the clearest economic dialogue. The Market Research Center of Securities Daily carefully analyzed the listed companies in these three major industries to explore the "vitality" in the weak market.

Complementary advantages

Energy-saving and environmental protection technology cooperation welcomes breakthroughs

China and the United States are like "two giant ships sailing on the sea" - the former Sino-US Strategic Economy of the U.S. Department of the Treasury Steya, the executive secretary-general of the dialogue, likened it this way: "When giant ships are traveling in opposite directions, they need to understand each other's course." The China-US Strategic and Economic Dialogue provides such a mechanism for China and the United States. What is even more noteworthy is that the teams of the two governments participating in the China-US Strategic and Economic Dialogue are large and have no precedent in contemporary international relations.

Leaving aside the importance of this round of Sino-US Strategic and Economic Dialogue to the current international situation and Sino-US relations, it also has a substantial impact on the Chinese securities market. There is a possibility of breakthroughs in cooperation between China and the United States in the field of energy conservation and environmental protection. On Thursday, U.S. Secretary of Commerce Gary Locke, who is visiting China, held talks with Zhang Guobao, Director of China's National Energy Administration, and Ma Xiuhong, Vice Minister of Commerce. Promotion of energy conservation and environmental protection is an important goal of Locke's visit to China. The team led by him A delegation of 24 US companies covers areas such as clean energy, energy efficiency and power storage, transmission and distribution. Obviously, the energy and clean energy fields have become a new bright spot for China and the United States to work together to cope with challenges, and are an important part of China-US economic and trade cooperation.

Xinhua News Agency previously reported that the United States may allow the sale to China of advanced technologies for wind turbines and other equipment, as well as operating software for such equipment. The U.S. government believes that the huge trade imbalance between the two countries can be solved through the clean energy sector. Last year Locke urged China to allow more American companies to enter this field in China. He said China's ambitious wind energy plans and national policies on energy conservation and emission reduction have created a potential market for U.S. companies developing related technologies. There are various signs that energy conservation and environmental protection may become a breakthrough for the United States to export advanced technologies to China. In this field, the United States has the technology and China has the market, and the complementary advantages are very obvious.

Some industry analysts say that it is necessary for China to cooperate with the United States on energy and environmental issues. It should be said that the United States is in a leading position in global efforts to promote the development of clean energy and strengthen energy security. The cooperation between the two parties will help improve the energy efficiency of the two countries' economies, diversify the energy supply of the two countries, effectively promote clean energy technology, and protect and save the natural resources of the two countries.

Seize the opportunity

Brokerages "highly recommend" energy conservation and environmental protection

Energy conservation and environmental protection is a sunrise industry that can be optimistic about in the long term. Experience shows that investment in energy conservation and environmental protection can not only reduce Pollution, energy conservation, and more importantly, the application of high-tech energy-saving and environmental protection technology and equipment can improve the production efficiency of enterprises and bring more profits. This means that energy conservation and environmental protection is no longer a simple investment, but has formed considerable environmental benefits. . The second round of strategic and economic dialogue between China and the United States has brought more impetus and opportunities to the development of the energy conservation and environmental protection industry. Research reports from major securities firms have also "hotly recommended" energy conservation and environmental protection.

Galaxy Securities gives a "recommended" rating to the energy conservation and environmental protection industry. Against the backdrop of macroeconomic stabilization and recovery and increasing investment in environmental protection policies, although the overall valuation level is relatively high, there are no major changes in industry factors, market factors and event factors. In view of the weak cyclicality and high growth of the industry, the current valuation level is still within the investment range, and the industry still has investment opportunities. It is recommended to pay attention to companies with performance flexibility and theme-driven performance. Establish an investment portfolio from three aspects: business expansion promotes high performance growth, the company benefits from the national environmental protection industry revitalization planning policy, has a relative valuation advantage, and is resistant to market risks.

Everbright Securities believes that the state finance is increasing investment in developing a low-carbon economy, and energy conservation has become the primary technical route supported by the state due to its good economics. It is expected that the country may introduce a series of energy-saving industry support policies in the near future, including ground source water source heat pumps, contract energy management, and high-efficiency motors, to effectively promote the building energy saving, industrial energy saving, and power transmission and distribution energy saving markets. According to calculations by Everbright Securities, the revenue scale of the domestic energy-saving industry will show a compound growth of more than 40% in the next three years, and relevant listed companies deserve attention.

According to the analysis of the Market Research Center, the energy-saving and environmental protection industry can be divided into six major families: First, energy-saving power electronic equipment, including Zhixin Electric, Dongyuan Electric, Xuji Electric, Huaguang Co., Ltd., Power Source, Guodian Nanzi, etc.; the second is the CDM concept, including Juhua Co., Ltd., Sanaifu, Tianfu Thermal Power, etc.; the third is power plant desulfurization, including Feida Environmental Protection, Longjing Environmental Protection, Kaidi Electric Power, Jiulong Electric Power, Zhejiang University Insigma, Shandong Huate, etc. ; The fourth is energy-saving building materials, including Shuangliang Co., Ltd., Yantai Wanhua, Beijing New Construction Building Materials, Fangda A, etc.; the fifth is water and solid waste treatment and environmental protection, including Hejia Resources, Chuangye Environmental Protection, Capital Investment, etc.; the sixth is energy-saving lighting, Including Jiangsu Sunshine, Foshan Lighting, Zhejiang Sunshine, Lianchuang Optoelectronics, Changdian Technology, etc.

The person most likely to benefit from the second round of strategic and economic dialogue between China and the United States is the "eldest" among the six major families.

Specifically, Jiangsu Sunshine (600220) is expected to become the core leader in the international new energy field. At present, Jiangsu Sunshine has officially entered the field of new solar energy and brought the world's leading photoelectric conversion technology. In the early stage, the company cooperated to establish Jiangsu Sunshine Solar Power Co., Ltd., which mainly researches and produces new high-efficiency nano-photovoltaic cells and components. After reaching full production , the annual sales revenue is expected to reach 3 billion yuan, becoming one of the largest solar cell manufacturers in my country. The new high-efficiency photovoltaic cells put into production by the company have absolute leading advantages, and the future market space is extremely broad. Zhejiang University Insigma (600797) has entered the environmental protection and energy-saving project of flue gas desulfurization very early. Judging from the cumulative installed desulfurization capacity, the company accounts for about 9% of the market share. Zhejiang University Insigma Mechanical and Electrical Engineering Co., Ltd., which owns 100% of the shares, is currently the second largest flue gas desulfurization general contractor in China after Kaidi Electric Power. The scale of the domestic desulfurization equipment market is estimated to be 30 billion yuan in 2010, which will bring huge development opportunities to Zhejiang University Insigma.

CDM is a typical energy-saving and emission-reduction industry. As the leader of CDM, Juhua Co., Ltd. (600160), the CDM project will become one of the main sources of Juhua Co., Ltd.’s net profit. The company announced in 2006 and 2007 respectively The completion and commissioning of two sets of CDM devices, using the clean development mechanism to actively reduce carbon dioxide emissions, will have a positive impact on the company's application of advanced fluorine chemical environmental protection technology to support the sustainable development of the fluorine chemical industry, and effectively improve the company's performance. In terms of building energy-saving projects, the styrene produced by Shuangliang Co., Ltd. (600481) is currently the raw material for the mainstream building insulation material expanded polystyrene (EPS); the PVC special profiles and UPVC plastic steel doors and windows produced by Conch Profiles (000619) are thermal insulation It has strong performance and air tightness, and meets the requirements of building environmental protection and energy saving. Therefore, the company's products will benefit from national energy conservation and environmental protection policies; BNBM (000786) mainly produces energy-saving wall materials. It is the first company in the building materials industry to pass ISO14001 environmental management system certification and environmental labeling. Product certification "Double Green Star" enterprise; Yantai Wanhua (600309) MDI products in the field of building energy saving will be the company's future development potential; Yaopi Glass (600819) can produce A green super heat-absorbing energy-saving type Glass.

In addition, there are sewage treatment leaders Beijing Capital Holdings (600008), Chuangye Environmental Protection (600874), Nanhai Development (600323), etc., which have huge room for development. Among them, Chuangye Environmental Protection is the oldest and most experienced company in the country. The sewage treatment company's total sewage treatment capacity reached 3.635 million cubic meters per day in 2009, ranking among the top in the country in terms of treatment capacity.

Security code Securities abbreviation Increase or decrease this year (%) Earnings per share in the first quarter of this year (yuan) Forecast 2010 earnings per share (yuan) Latest price-earnings ratio (times) Latest closing price (yuan) Subdivision

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000811 Yantai Binglun 78.52 0.15 0.7874 50.30 23.85 Waste heat utilization

600268 Guodian Nanzi 62.43 0.011 0.4104 67.86 21.35 Smart grid

600703 Sanan Optoelectronics 60.31 0 .24 0.5604 130.37 42.29 Energy saving Lighting

600330 Tiantong Shares 49.67 0.01 -0.0984 -18.25 9.01 Sludge treatment

000598 *ST Cleaning 49.33 0.13 0.5179 -71.68 17.71 Sewage treatment

000970 Medium Ke Sanhuan 45.99 0.05 0.2983 92.47 13.4 Environmentally friendly materials

300055 Wanbangda 40.90 0.11 1.899 124.33 114.55 Industrial water treatment

000400 Xu Ji Electric 39.17 0.0264 0.9395 92. 19 31.73 Transformer

< p>002123 Rongxin Co., Ltd. 39.15 0.23 0.7945 63.37 34.97 Energy-saving equipment

600133 Donghu High-tech 37.77 0.0668 0.25 58.37 8.38 Desulfurization and environmental protection

000915 Shanda Huate 36.66 0.0278 0.3458 61.70 11.78 Desulfurization and environmental protection

000826 Sander Environment 33.79 0.08 0.5286 58.63 20.67 Solid waste treatment

000969 Antai Technology 33.47 0.0793 0.4178 92.26 19.61 Amorphous transformer strip

002334 INVT 32.04 0.26 1.581 70.60 90.11 Frequency converter

600100 Tongfang Co., Ltd. 30.75 0.0357 0.5452 68.09 24.49 Environmental protection equipment

600461 Hongcheng Water Industry 25.46 0.032 0.566 92.78 13.9 Water treatment

002076 Snow Wright24.40 0.0205 0.077 215.49 12.54 Energy-saving lighting

600075 Xinjiang Tianye 23.73 0.058 0.1996 744.43 11.68 Water-saving irrigation

002163 AVIC Sanxin 23.40 0.02 0.2608 126.02 11.8 Building Energy Saving

002340 GEM 22.99 0.14 1.0748 114.24 69.75 Waste resource recycling

600305 Hengshun Vinegar Industry 22.45 0.062 0.4163 67.61 16.47 Energy-saving lighting

600261 Zhejiang Sunshine 21.17 0.185 0 .6652 45.78 22.08 Energy-saving lamps

002139 Topband 21.13 0.08 0.5139 60.71 19.49 Energy-saving equipment

002407 Polyfluoride 20.85 0.22 1.0657 62.12 45.21 Environmentally friendly materials

000541 Foshan Lighting 20.79 0.03 0.28 14 57.88 12.55 Energy-saving lamps< /p>