Super 20 city intends to give financial support to instrument central PM2.5

On December 30, 2011, the staff operated the PM2.5 analyzer at the PM2.5 monitoring point in Karamay, Xinjiang. On the same day, the first PM2.5 monitoring station in Xinjiang was put into trial operation in Karamay, Xinjiang. PM2.5's monitoring data will increase the control of industrial exhaust gas emissions for Karamay, eliminate non-compliance of environmental protection vehicles, reduce exhaust emissions, and strengthen the construction of dust, dust accumulation on the road to play a positive role in promoting.

Beijing has 1.7 billion Jiangsu and 230 million. . . . . . PM2.5 monitoring is expected to awaken a market worth RMB 10 billion. According to the plan of the Ministry of Environmental Protection, PM 2.5 and ozone monitoring will be carried out in key regions such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta and the Pearl River Delta, as well as municipalities and provincial capitals in order to promote “to 2016. Before the end of the year, the "four-step" strategy for the layout of PM2.5 and ozone monitoring will be completed nationwide.

The reporter learned from various sources that in recent days, more than 20 key cities including Beijing, Shanghai, Nanjing, Hefei, and Harbin have successively announced pollutant monitoring programs for PM2.5 and ozone in their jurisdictions and used them as urban environmental governance. One of the key tasks of the year. Among them, Beijing plans to invest 1.7 billion yuan this year, and Jiangsu Province also plans to invest 230 million yuan in the budget for this work.

The relevant analysis reports consistently pointed out that with the gradual improvement of PM2.5 and ozone monitoring as a people's livelihood project, strong policy support will enable the rapid rise of monitoring technology equipment and system service market in this area, and related companies will obtain a large number of orders based on this business. According to estimates made by relevant responsible persons of the Ministry of Environmental Protection regarding the establishment of monitoring sites in 338 prefecture-level cities throughout the country by 2015, the investment scale of cities in the PM2.5 monitoring equipment sector during the 12th Five-Year Plan period will be at least RMB 2 billion. In the larger-scale monitoring of industrial PM2.5 emissions, the market demand for assembly monitoring equipment can reach 10 billion yuan.

Super 20 cities plan to establish a monitoring plan The central government will provide financial support for procurement of equipment around the country. It is understood that in the “Eleventh Five-Year Plan” period, China’s major pollutant emission reduction exceeded its mandate, but due to lagging standards, especially the lack of PM2.5 indicators. , The monitoring results and the public feel a serious deviation. To this end, since mid-year last year, related policies have been issued one after another. The Ambient Air Quality Standard (Second Consultation Draft), published on November 16, 2011, has for the first time included PM2.5, ozone, and carbon monoxide as evaluation factors for our country. Atmospheric monitoring and governance has opened a new page.

According to the plan of the Ministry of Environmental Protection, PM2.5 national monitoring implements the “four-step” strategy, namely: PM2.5 and ozone monitoring will be carried out in key regions such as the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Pearl River Delta, and municipalities and provincial capitals in 2012. In 1999, it completed the monitoring of 113 major environmental protection cities and protection model cities. In 2015, it carried out monitoring in all prefecture level cities and completed the task of implementing the above new “Standards” in the country in 2016.

In fact, after the publication of the new “Standard”, many key cities across the country have begun to study the deployment of PM2.5 and ozone monitoring. The key work of Beijing's atmospheric environmental governance this year is automobile exhaust gas control and PM2.5 monitoring. The two budgets amount to 1.7 billion yuan. This year, the number of PM2.5 monitoring sites in Beijing will increase to 30. The province of Jiangsu plans to build 68 new PM2.5 monitoring stations this year and invest 230 million yuan. In addition, Hefei and Harbin also announced their own PM2.5 monitoring equipment "post" program. According to incomplete statistics from the China Securities Journal, the number of cities that have announced the PM2.5 monitoring plan has exceeded 20.

The relevant person of the Ministry of Environmental Protection Environmental Standards Research Institute told the China Securities Journal that the Ministry of Environmental Protection had previously been concerned about the lack of enthusiasm for monitoring PM2.5 throughout the country. However, from the current situation, PM2.5 monitoring conforms to the concerns of the people’s livelihood and has become a building point for many cities. Livelihood projects. According to the uniform requirements of the Ministry of Environmental Protection, the PM2.5 monitoring plan will be purchased by local environmental protection agencies through tenders, and the central government will provide financial support for procurement of related instruments and equipment.

Related officials of the Ministry of Environmental Protection had previously stated clearly that considering that the level of regional economic development in our country is not balanced, the preparations for the implementation of the new standard will progress at a faster pace, and some of the regions with relatively good economic and technological foundations and relatively complex atmospheric pollution problems can Take the lead in implementing the new "Standard."

PM2.5 Surveillance or Become the First Environmental Protection Investment in 2012 The market will exceed 10 billion yuan by 2015. The environmental protection battle against urban haze will be quietly started across the country. The market demand for PM2.5 and ozone monitoring instruments and equipment is nationwide. Was awakened.

In fact, many urban environmental monitoring stations in the country had previously assembled PM10 testing equipment. According to experts, PM2.5 has smaller particle diameters than PM10, but there is no real difference in monitoring technology. This also means that if a nationwide equipment is equipped with PM2.5 monitoring equipment, there is no technical difficulty, but only a set of monitoring equipment for PM2.5 is added to the original point of monitoring PM10.

According to the “Twelfth Five-Year Plan” Environmental Protection Plan, the total amount of environmental protection investment during the “12th Five-Year Plan” period is 3.4 trillion yuan, of which the PM2.5 monitoring and data release project with the greatest attention from public opinion may become the first environmental protection investment in 2012. Zhu Jianping, deputy director of the Environmental Monitoring Department of the Ministry of Environmental Protection, previously told the media that the most expensive PM2.5 monitoring equipment on the market is a set of 380,000 yuan, an average of about 200,000 yuan, based on which preliminary estimates, 388 The total investment in cities above the prefecture level is more than 2 billion yuan.

Pan Yuhong, researcher of China Investment Advisor Environmental Protection Industry Research Group, said that the market share of non-domestic PM2.5 testing equipment currently exceeds 70%, which may be detrimental to domestic companies participating in the competition. However, he believes that in the future procurement of equipment, government procurement will usually favor domestic companies, while large-scale enterprise procurement will rarely consider domestic companies.

Further analysis from market research institutions pointed out that another major monitoring market in the future is an industrial enterprise that releases pollution sources. This part of the market is far more than the demand for environmental quality monitoring equipment. An analyst from Minsheng Securities stated that strict control of pollution emissions and strict industrial monitoring will promote the promotion and application of industrial pollution source monitoring equipment. It is estimated that by 2015, the industrial pollution source online monitoring equipment industry's output value will exceed 10 billion yuan.

The demand for PM2.5 or subsequent fiscal rents will be rolled into the current situation. The RMB 2 billion urban PM2.5 environmental monitoring equipment mainly relies on public financial input from the central and local governments. Many people in the industry had previously worried about the enthusiasm of local financial investment. Zhu Jianping once pointed out that the biggest difficulty in PM2.5 and ozone monitoring lies in the financing of the funds.

In response, the person from the above-mentioned Ministry of Environmental Protection Standards Institute stated that according to the plan of the Ministry of Environmental Protection, the central government's budgetary investment plan for PM2.5 monitoring in this year is being studied intensively, and most of the funds must be raised by local governments. However, the current enthusiasm of local governments for this work indicates to a certain extent the importance attached to PM2.5 monitoring. From this point of view, the willingness of local fiscal expenditure should not be negative. "Beijing and Jiangsu plans to spend over 100 million yuan each, which is entirely voluntary and should explain the problem," the source said.

In spite of this, there are still industry insiders worried that PM2.5 monitoring and data release is a systematic project. In addition to the initial purchase of monitoring instruments, it must be equipped with calibrated direct control equipment and data acquisition system equipment in the later period, and it also includes rolling inputs for equipment updates. The demand for these funds may be far more than 2 billion yuan.

The relevant personage of the Jiangxi Provincial Government recently stated frankly that currently the main target of air monitoring in Jiangxi Province is PM10. Due to shortage of funds and lack of related equipment, currently Jiangxi does not have the capability to monitor PM2.5. This requires a long process, not It can be solved in a year or two.

First environmental protection (300137)

Xianhe Environmental Protection (300137) mainly engages in environmental protection monitoring equipment and services. The business covers environmental protection monitoring systems such as air quality, water quality, sewage, smoke, and acid rain. Its 2011 mid-year report shows that the company’s air quality monitoring system accounts for half of total revenue. the above. At present, the company's PM2.5 monitoring equipment has passed the US EPA certification. It is a small number of domestic companies in this field that can compete with international manufacturers, and it is also a small number of listed companies that can benefit from PM2.5 monitoring.

The company has a good reputation in the field of air quality monitoring systems, and its market share has reached more than 30%. It is hoped that this round of procurement of air quality monitoring equipment led by PM2.5 will achieve rapid expansion. According to the "four-step" plan of the Ministry of Environmental Protection, it is necessary to achieve full coverage of PM2.5 monitoring in 338 prefecture-level cities in 2015. The company is a leading domestic technology provider of equipment and will fully share the benefits of large-scale domestic PM2.5 equipment investment in the next 3-5 years.

In addition, the completion of a large number of monitoring stations will greatly expand the stock market for the company's monitoring system operation services. Judging from the past industry laws, even if the international manufacturers have obtained equipment purchase orders, they will give operating services to domestic manufacturers. The company not only firmly occupies the market for its own equipment operation services, but also can obtain the operation of equipment from international manufacturers by providing high-added operational services.

Concentration Technology (300203)

Concentration Technology (300203) mainly manufactures instruments and meters in the fields of environmental monitoring, industrial process analysis and safety monitoring. Among them, the industrial process analysis system is the company's largest main business, accounting for 44.41% of the operating revenue. Environmental Monitoring System Accounting for 41.68%, safety inspection, operation and maintenance and digital environmental protection information monitoring systems accounted for 5.18%, 6.93% and 0.39%, respectively, and other businesses accounted for 1.41%. In the list of 9 categories of certified products for environmental monitoring instruments certified by the China National Environmental Monitoring Center, Concentration Technology has a product list.

The company operates in a good condition and its gross profit margin is stable at more than 50%. According to the company's latest 2011 annual performance forecast, its 2011 net profit attributable to shareholders of listed companies increased by 5%-30% year-on-year to RMB 170-210 million.