On November 22, it was reported that hydrogen energy concept stocks continue to be active. As of press release, Kangsheng shares rose and stopped, Zhongtai shares rose more than 12%, and Jingcheng shares, Yangmei Chemical, and Jinhong Gas followed suit.

　　According to the news, under the “dual carbon” target, the development of China's hydrogen energy industry is on the fast track, and more than 50 prefecture-level cities have issued hydrogen energy industry plans. Industry experts say that a top-level design for the development of the hydrogen energy industry will also be introduced at the national level. The agency predicts that by 2025, the output value of China's hydrogen energy industry will reach 1 trillion yuan; by 2050, hydrogen energy will account for more than 10% of China's terminal energy system, and the annual output value of the industrial chain will reach 12 trillion yuan. The prospects for the industry are huge.

　　CITIC Securities pointed out that the expected introduction of top-level policies in the industry may bring a new round of catalyst to hydrogen energy companies and push stock prices to start a new round of rise. As the number of layout enterprises increases and the effects of policies become apparent, expectations that the industrialization of the industry will accelerate are also more certain. Individual stocks with active stock price performance last week include Furui Special Equipment, Houpu Co., Ltd., Zhiyuan Xinneng, Yangmei Chemical, etc. We continue to recommend companies that actively deploy and have a first-mover advantage in all aspects of the hydrogen energy industry chain: fuel cell system leader Yihuatong, Dongfang Electric, Weichai Power, which has a breakthrough in proton exchange membranes, a key material for fuel cells, and Ice Wheel Environment, which has sufficient technical reserves for hydrogen energy compression equipment.