02,05,2026 16 views
HBzhan Content Introduction: Chen Lei, Minister of Water Resources, stated that this winter and next spring, the construction of agricultural water conservancy in China will focus on six major tasks: firstly, vigorously promote the construction of weak links in flood control such as the management of small and medium-sized rivers, the reinforcement of dangerous reservoir gates, and the prevention and control of mountain floods, fully implement the national drought resistance plan, and build a number of drought resistant water source projects.
Secondly, further increase investment in the continued construction and water-saving renovation of large and medium-sized irrigation areas; Thirdly, we will accelerate the construction of small-scale agricultural water conservancy projects and focus on solving the problem of the last mile; Fourthly, we will accelerate the implementation of the water-saving and grain increasing actions in the four provinces (regions) of Northeast China, actively promote the preliminary work of large-scale water-saving irrigation in Northwest and North China, improve policies such as subsidies for water-saving irrigation equipment, concentrate efforts on building a number of large-scale water-saving irrigation demonstration areas, and strive to increase the water-saving irrigation area by more than 20 million acres; Fifth, accelerate the ecological construction of soil and water conservation, and strive to improve the rural living environment; Sixth, accelerate the construction of rural drinking water safety projects to ensure that another 60 million rural residents' drinking water safety issues are solved next year.
The 12th Five Year Plan points out in terms of funding that while accelerating the establishment of a stable growth mechanism for government water conservancy investment and leveraging the role of government investment as the main channel, the construction of water conservancy projects should be further opened up, a fee compensation mechanism should be established, and methods such as owner bidding, contract leasing, investment subsidies, and franchising should be adopted to attract private capital to participate in water conservancy project construction and management. For projects with reasonable returns and certain investment recovery capabilities, project legal person bidding should be promoted; We should accelerate the implementation of the agency system for non operational government investment projects.
The clear goals of water conservancy construction and the renewed emphasis on funding implementation policies will accelerate water conservancy construction. From January to May, the growth rate of fixed assets investment in the water conservancy management industry was 9.5%, and there was no significant increase. The main reason was that the funds were tight, and the project progress was slower than expected. It is expected that the funds will accelerate after implementation.
The acceleration of key project construction is beneficial for listed water conservancy and hydropower construction companies such as Anhui Water Conservancy, Gezhouba, and Guangdong Hydropower. Gezhouba has had an order revenue ratio of over 1.5 for three consecutive years, Anhui Water Conservancy is a key water conservancy project in Anhui Province, and the Huai River control backbone project is a key water conservancy project during the 12th Five Year Plan period. The construction of urban and rural water supply is beneficial for PCCP pipeline company, with water diversion project pipeline investment accounting for about 26%. There is a lot of project information in the first half of the year, and it is expected that there will be an increase in bidding orders for tracked projects in the second half of the year. The Plan emphasizes the achievement of important seawall standards, which is beneficial for the reclamation of seawalls and the surrounding shares. The construction of urban pipeline network and sewage treatment are favorable for water pipe company Nachuan Co., Ltd. Since last year, policies have gradually refined and approved projects have increased, but due to financial constraints, they have not yet been reflected in the performance of listed companies. After the funding is secured, it is expected that the theme investment of the water conservancy company will gradually transform into order tracking. Recommend water conservancy engineering companies such as Anhui Water Conservancy, Guangdong Hydropower, and Gezhouba with lower valuations, as well as high elasticity companies such as Guotong, Qinglong, Julong, Longquan, and Nachuan Shares, and HaiDiWei Holdings.
Under the background of the ten-year major construction of water conservancy, we are optimistic about the pipeline manufacturing industry, which represents a new direction for the future. The pipeline industry benefits from investment stimulation, and it is also an essential part of people's lives and production under urbanization and infrastructure construction. The industry has a direct positive correlation with water conservancy construction, urbanization, and real estate. As an extremely important mode of transportation, pipelines also make corresponding progress according to the needs of different objects when transporting them. With the promotion of transportation functions, new materials, and technological innovations, the pipeline industry has always maintained a growth trend of innovation. In the context of new urbanization construction and the ten-year major water conservancy construction, the new pipeline industry mainly consists of two types:
(1) Large caliber concrete pipe manufacturing, such as PCCP;
(2) The plastic pipeline industry, which constantly advances in raw materials and pipe manufacturing processes, includes PE, HDPE, PPR, PVC-C, and others.
In 1939, France utilized the discovered principle of prestressed concrete to manufacture prestressed steel cylinder concrete pipes, also known as PCCP. Up to now, it has been widely used on stage for over 70 years, and the United States is the country that uses PCCP the most.
China only began to introduce PCCP technology in the 1980s. In 1989, Shandong Electric Power Pipeline Engineering Company introduced PCCP pipe making technology and key equipment from Ameron in the United States and established a production line, marking the beginning of PCCP production in China. In the short term, the deadline for the completion of the South to North Water Diversion Project is approaching. In the long term, urbanization and large-scale investment in water conservancy support the peak of water conservancy construction. In the short term, the highlights of the South to North Water Diversion Project and the accelerated approval of new projects by the National Development and Reform Commission.
