Large-scale equipment updates and consumption trade-in have attracted attention. Central Economic Work Conference in December 2023carcrushgame, emphasizing the need to "focus on expanding domestic demand", which mentioned that "we must promote large-scale equipment updates and the replacement of old consumer goods by improving technology, energy consumption, emission and other standards." On March 17, 2024, the State Council issued the "Action Plan to Promote Large-scale Equipment Renewal and Exchange of Consumer Goods with Old Items." Local governments have actively responded to the call of the central government, and six provinces and municipalities directly under the Central Government have mentioned coal-fired power turbine-related targets in their equipment renewal plans. For example, Guangdong Province has proposed to orderly arrange the transformation and upgrading of 11 coal-fired power units in the province in 2024, with a total capacity of 6.66 million kilowattscarcrushgame; Henan Province strives to complete the "three reforms and linkage" of existing coal-fired units by 2025; Ningxia Hui Autonomous Region pointed out that in the power industry, we will focus on eliminating substandard conventional coal-fired thermal power units and focusing on promoting supercritical (supercritical) generating units. Relevant national supporting documents and standards are continuously issued to guide the direction of enterprise renewal and transformation. The document "Guiding Opinions on Coordinating Energy Conservation, Carbon Reduction, Recycling and Accelerating the Renewal and Transformation of Products and Equipment in Key Areas" released in February 2023 pointed out the 2025 transformation goals and the 2025 energy conservation goals in the boiler field. The document "Action Plan for Upgrading Traction Equipment Renewal with Standards and Replacement of Consumer Goods with Old Products" released in March 2024 lists the "Energy Consumption Limit for Unit Product of Coal-Fired Generating Units" as a mandatory revision in the list of key national standard items to be formulated and revised in 2025. standard. As of the end of 2022, the total capacity of coal-fired thermal power units with a single unit capacity of 300,000 kilowatts and below is approximately 1carcrushgame.60 million kilowatts, which is the focus of renewal and transformation. From 2016 to 2021, 56.89 million kilowatts of conventional coal-fired thermal power units with a single unit capacity of 300,000 kilowatts and below will be withdrawn, but there are still some stocks. As of 2022, the total capacity of coal-fired thermal power units with a single unit capacity of 300,000 kilowatts and below will be approximately 1carcrushgame.60 million kilowatts, or become the focus of renovation. The renovation and renovation of power station boilers may drive an increase in demand for power station boiler tubes. It is recommended to pay attention to Jiuli Special Materials (002318, Buy) Shengde Xintai (300881, Buy), Changbao Shares (002478, Buy) and Wujin Stainless (603878, Unrated). Risks suggest the risk of slowing macroeconomic growth, the risk of equipment renewal policies falling short of expectations, and the risk of repeated dual-carbon policies. [Disclaimer] This article only represents the views of third parties and does not represent the position of Hexun.com. Investors should act accordingly and bear the risks themselves.

[Disclaimer] This article only represents the views of third parties and does not represent the position of Hexun.com. Investors should act accordingly and bear the risks themselves.