① The Ministry of Water Resources will further push forward the reform of water conservancy investment and financing, and jointly promote reforms in water prices, market-based water rights transactions, water conservancy project management systems, etc., and further broaden long-term funding channels for water conservancy construction. ② Tianfeng Securities expects that with financial support, infrastructure investment such as water conservancy will become an important driving force, focusing on the pace of implementation and promotion of large-scale water conservancy projects in key regions.
On March 14, Zhang Xiangwei, director of the Planning and Planning Department of the Ministry of Water Resources, said at the press conference of the State Information Office that in the next step, the Ministry of Water Resources will further push forward water investment and financing reforms, work together to push forward reforms in water prices, market-based water rights transactions, water conservancy project management systems, etc., and further broaden long-term funding channels for water conservancy construction.
Water conservancy investment policies have been strengthened since '21. China's water conservancy construction investment exceeded trillion yuan for the first time in '22. After the epidemic in '23, construction of major water conservancy projects such as the South-to-North Water Transfer Center Line diversion project to fill Han, the Beibu Gulf Water Resources Allocation Project, and the Huai River Inlet Waterway Phase II project accelerated markedly. Tianfeng Securities expects that with support at the financial level, infrastructure investment such as the “three major projects” and water conservancy will become an important driving point. It is recommended to focus on the intensity and intensity of urban village renovation and guaranteed housing construction in key first-tier cities, while also focusing on the pace of implementation and promotion of large-scale water conservancy projects in key regions.
According to the Finance Federation's theme library, among the relevant listed companies:
Qinglong Pipe Industry is mainly engaged in various mainstream water supply and drainage pipeline products, pipe galleries, and water-saving irrigation products. The products are widely used in fields such as water transfer across watersheds, water supply and drainage in cities, industrial parks, villages and towns.
Guotong Co., Ltd.'s main business is PCCP manufacturing, transportation, and development and manufacture of special-shaped pipe fittings and accessories. The company's PCCP is widely used in important national water resources fields such as cross-watershed water diversion, key water transportation and distribution projects, and large and medium caliber major urban water transportation networks.