Summary
[Everbright Securities: Policy-driven superimposed high-unit price electronic detonator market is expected to rise rapidly]Everbright Securities believes that electronic detonators use chip-controlled extension modules to replace the chemical extension body in traditional detonators, which have higher extension accuracy and safety than traditional detonators. Good, network detectable and so on. In recent years, the Ministry of Public Security has issued several documents to support the mandatory promotion of electronic detonators based on password management, requiring that existing detonators be replaced at a rate of 20% every year starting in 2019. In addition, the “14th Five-Year Plan” requires that production be stopped by the end of June 2022, and sales of industrial detonators other than industrial digital electronic detonators should be stopped by the end of August, and the electronic detonator market has entered a stage of rapid growth. At the same time, the unit price of electronic detonators is more than 5 times that of ordinary detonators, and its market space will be several times the size of the existing industrial detonator market.
Everbright SecuritiesIt is believed that the electronic detonator uses a chip-controlled delay module to replace the chemical delay body in the traditional detonator. Compared with the traditional detonator, it has the advantages of high delay accuracy, good safety, and network detection. In recent years, the Ministry of Public Security has issued several documents to support the mandatory promotion of electronic detonators based on password management, requiring that existing detonators be replaced at a rate of 20% every year starting in 2019. In addition, the “14th Five-Year Plan” requires that production be stopped by the end of June 2022, and sales of industrial detonators other than industrial digital electronic detonators should be stopped by the end of August, and the electronic detonator market has entered a stage of rapid growth. At the same time, the unit price of electronic detonators is more than 5 times that of ordinary detonators, and its market space will be several times the size of the existing industrial detonator market.
(Article Source:securitiesTimes)