Core Viewpoint - The 2025 Shanghai Auto Show, themed "Embrace Innovation and Win the Future," opened on April 23, showcasing advancements in automotive technology and attracting nearly a thousand domestic and international exhibitors, with a record scale and nearly a hundred new car models unveiled [1][2]. Industry Highlights - The auto show highlighted a focus on smart technology, with several automakers launching new products, including Li Auto's new family member, the Li Auto MEGA Home, and upgraded versions of the Li Auto MEGA Ultra and Li L6 [3]. - XPeng Motors showcased its humanoid robot IRON, which stands 178 cm tall and can perform various movements, emphasizing the importance of full-body intelligence in robotics [2][3]. - SAIC Group and Huawei introduced a new brand "SAIC Shangjie," marking a significant collaboration in the smart vehicle sector [3]. - Horizon Robotics presented its new urban driving assistance system, Horizon SuperDrive, and has partnered with over 40 automakers, achieving over 8 million units in pre-production deliveries [4]. Investment Strategy - The automotive sector is advised to focus on undervalued leading manufacturers and component suppliers due to performance improvements, particularly in the fields of new energy and smart technology [5]. - Recommended companies include BYD, Changan Automobile, Geely, and Li Auto in the new energy sector, as well as stable, undervalued component leaders like Huayu Automotive and Fuyao Glass [5]. - Key focus companies for the week include BYD, Li Auto, Top Group, Desay SV, and Sheng Electronics [6].

申港证券近日发布电力设备行业研究周报：根据国家能源局数据，1-3月份，全国主要 发电企业电源工程完成投资1322亿元，同比下降2.5%；电网工程完成投资956亿元，同比增 长24.8%。我们认为，在构建"新型电力系统"及"双碳目标"的背景下，非化石能源发电将逐 步转变为装机主体和电量主体，而其中风电和光伏发电的不稳定性、随机性、波动性势必需 要储能系统协调运行，来保障电力系统安全稳定运行。 以下为研究报告摘要： 投资摘要： 每周一谈：风电和光伏装机量超过火电 行情回顾： 电力设备行业本周涨跌幅为2.4%，在申万31个一级行业中，排在第6位。电力设备行业 本周跑赢沪深300。本周上证指数、沪深300、深证成指、创业板指的涨跌幅分别为0.56%、 0.38%、1.38%、1.74%。 在细分行业中，电机II、其他电源设备II、光伏设备、风电设备、电池和电网设备涨跌 幅分别为7.14%、0.27%、0.74%、4.05%、3.38%、1.54%。 电力设备行业周涨幅前五个股分别为：金杨股份、方正电机、灿能电力、震裕科技、电 气风电。 近期，国家能源局发布了今年1-3月份全国电力工业统计数据。 风电装机情况：今年3月 ...

在安全生产与环保方面，该公司全面实施涵盖全要素的人员履职评价和设备健康评价， 组织开展贯穿全年的安全生产（基建）、环保专项行动，对系统企业开展拉网式、起底式安 全生产（基建）巡回督导，全面排查治理问题隐患，坚决守牢安全环保底线。同时，该公司 扎实开展安全管理基础工作，不断深化双重预防机制，推进视频监控中心建设，构建"二、 三级"企业视频监控网，通过"云监督"强化现场管控能力。 该公司树牢"实干为要、改革创新为魂，用业绩说话"鲜明导向，扩围升级制定落实成本 领先攻坚行动方案，统筹抓好生产提质、降本增效、改革发展等重点工作，拼出一季度"满 堂红"——京津冀区域安全生产总体稳定，发展建设稳步推进，实现同比增利，圆满完成全 国两会等政治保电任务，各项工作均取得积极进展。 安全为笔，绘就能源保供长卷 大唐国际恪守"首供之责"，以"时时放心不下"的责任感，全力以赴保安全、保发电、保 供热。各企业严阵以待，从生产安全、电力热力保障、燃料物资供应、应急处置等多个维度 进行周密部署，以实际行动诠释了能源央企"顶梁柱""压舱石" 的责任担当，圆满完成了全 国两会期间的能源保供任务。 京津冀，山水相连，地缘相接，承载燕赵之厚重，畅 ...

"在生态脆弱的高原，孩子们比谁都懂得'家'的意义。"大二班班主任花老师望着窗外萌 发新芽的白杨树感慨:"电网人架的是银线，牵起的却是人与自然共生的心线。" ▲电网员工带六一幼儿园师生沉浸式体验3D打印电网模型。许小萍/摄 "电就像看不见的小精灵，能让灯亮、风扇转，能让屋子里暖烘烘的，但是它也有危险 的一面。"宋博话锋一转，拿着3D打印的变压器模型和插板，引导孩子们思考"什么是 电?""电的危险在哪里?""遇到危险怎么办?"，并呼吁大家争做安全用电小卫士。"我爸爸说电 话手表充满电了就要拔掉插头!"7岁的周子轩抢着举手回答，引得现场响起热烈掌声。 在"让灯泡亮起来"实验环节。宋博和孩子们一起连接电池、开关和小灯泡。"亮了！我 的灯泡比外面山峰上的雪还亮！"当小灯泡被成功点亮时，整个教室被欢呼声淹没。宋博趁 机拓展教学:"电流就像小河，开关是水闸，乱碰插座就像在河里乱扔石头，会出危险的。" "看啊!那个塔上有个笼子，笼子里有小鸟孵出来了!""那不是小鸟，那是大鵟。"暮春时 节，昆仑山上融化的雪水静静流淌，滋润着戈壁新城，格尔木市六一幼儿园内，彩旗在晨风 中轻舞。大二班的教室里孩子们指着屏幕上的"生命鸟巢"快乐的喊 ...

【责任编辑：王少晨 】 为贯彻落实《国家电网绿色现代数智供应链发展行动》中"实物ID供应链上下游贯通"工 作要求，国网重庆电力试点先行，稳步推进实物ID赋码范围拓展、赋码方式创新、赋码规 则优化等工作。2月初，成立实物ID赋码专项工作组，启动系统功能联调测试，夯实技术基 础。3月底，针对关键组部件和装置性材料类，完成赋码试点应用研究，验证技术路径。4月 11日，组织开展"2025年第二次物资公开招标采购（2025W2）"批次合同签订工作，并作为 国家电网公司系统首批单位组织中标商应用ECP2.0统一编码服务，推动业务链和数据链的 深度融合。 下一步，国网重庆电力将基于实物ID全量赋码持续开展到货交接、安装调试、扫码建账 等业务应用研究，进一步打破信息孤岛，强化专业协同，全面提升资产全寿命周期管理的标 准化与智能化水平。 国网重庆电力启用ECP2.0统一编码服务后，供应商在ECP2.0完成合同签订时，系统会自 动生成实物ID编码，并提示选择实物ID标签制造商，通过"一码双发"让设备制造商和标签制 造商同步开展设备生产制造、标签生产安装及技术参数录入等一系列工作，该项服务彻底革 新了以往设备生产制造完成后，再定制 ...

Core Viewpoint - The article highlights the achievements and contributions of Li Ning, a leader in the transmission operation and maintenance center of State Grid Hebei Hengshui Power Supply Company, showcasing his dedication to innovation and training young professionals in the power industry [1][2][5]. Group 1: Professional Background and Achievements - Li Ning, born in June 1982, has transitioned from a retired soldier to a leading figure in transmission operation and maintenance over 21 years, earning numerous accolades including the National May Day Labor Medal and various technical expert titles [1][2]. - After retiring from the military in October 2004, Li Ning faced initial challenges due to a lack of professional skills but actively sought to improve by participating in tower operations and pursuing further education, ultimately becoming an expert in the field [2][4]. Group 2: Innovations and Contributions - Li Ning has developed and revised numerous operational guidelines and technical standards, contributing to 97 revised work instructions, 29 job specifications, and 306 technical standard documents [2]. - He pioneered five new operational methods, including the "split conductor clamp" technique, which have been integrated into the maintenance protocols of State Grid Hebei Power Company, marking significant advancements in transmission line maintenance technology [2][5]. Group 3: Training and Mentorship - As the head of an innovation studio established in 2016, Li Ning focuses on nurturing young talent by sharing his expertise and implementing a structured training approach that includes project-based learning and problem-solving [7][8]. - Under his mentorship, young professionals like Guo Lianju have rapidly advanced, achieving recognition as technical experts, while the innovation studio has produced 236 innovative results, with several receiving national patents and awards [8].

编者按：2025年，国网河北省电力公司变电检修中心五级职员冯正军荣获"全国劳动模范"称号。在个人成长的道路 上，他用二十年如一日的坚守，从青涩学子成长为行业精英；在专业钻研的领域中，他以精益求精的态度，攻克无数 技术难关；在技术革新的实践里，他凭借创新思维，优化多项工作流程。他处理复杂技术难题的经典案例、提升工作 效率的实用方法，不仅是一本鲜活的"电力工作指南"，更为广大员工提供了宝贵的学习样本，助力员工快速提升专业 素养，掌握核心技术。 4月28日，在220千伏黄岸变电站内，现场工作负责人冯正军步履匆匆，专注地检查着设备参数，不时叮嘱现场人 员注意安全。春日的阳光洒在他身上，映照出一位电力守护者的坚毅身影。 这位经验丰富的技术骨干，二十年前只是一名初出茅庐的大学毕业生。2005年夏，武汉大学毕业生冯正军背着行 囊走进国网保定供电公司时，或许未曾想到，他的人生轨迹将在这片土地上镌刻下光明的印记。彼时的他，带着初出 校园的青涩，成为电气试验工队伍中的一员。这个岗位常年与高压设备、精密仪器为伴，被形容为"忙、累、险"的代 名词，但冯正军一干就是20年，用汗水与坚守书写了一段"平凡中创造不凡"的成长传奇。 从"跟着 ...

Core Viewpoint - The article highlights the achievements and contributions of Yu Changzheng, a model worker in the coal mining industry, emphasizing his dedication to innovation and skill development over 32 years of service [3][12]. Group 1: Achievements and Recognition - Yu Changzheng has been recognized as a national labor model and has received multiple awards, including the National May Day Labor Medal and the title of National Technical Expert [3][12]. - He has published two papers in national industry magazines and led the completion of three patent achievements, solving numerous production technical challenges and generating over 10 million yuan in innovation benefits [3][12]. Group 2: Technical Innovations - Yu developed a segmented monitoring solution for a coal conveyor belt system, which reduced damage risk by 80% and cut annual maintenance costs by over 500,000 yuan, maintaining a "zero non-stop" record for five consecutive years [6][12]. - His modifications to a vacuum contactor auxiliary switch saved over 10 million kWh of electricity annually, directly generating over 8 million yuan in economic benefits [11][12]. Group 3: Skill Development and Mentorship - Yu established an innovation studio to share his technical knowledge and experience with colleagues, fostering a culture of learning and innovation within the team [13][15]. - Under his mentorship, 22 members of the electrical maintenance team have significantly improved their skills, with several achieving advanced technician certifications and excelling in skills competitions [15]. Group 4: Commitment to Industry Development - Yu remains committed to the coal industry's sustainable development, focusing on green, low-carbon, safe, and efficient practices as part of the company's transformation efforts [15].

Group 1 - The core viewpoint emphasizes the importance of labor in creating value and highlights the achievements of Xu Xianhua, a national labor model from Zhejiang Energy Group, who has dedicated 27 years to the power industry [1][3] - Zhejiang Energy Group focuses on innovation as a core driver for high-quality energy development, particularly in enhancing the reliability and economic efficiency of power generation units [3][4] - Xu Xianhua has made significant contributions to solving technical challenges in power plants, particularly in addressing issues related to lightning and electromagnetic interference, which led to the development of effective suppression methods [4][6] Group 2 - Xu Xianhua's team achieved substantial energy savings by redesigning control logic for a condensate pump, resulting in annual savings of hundreds of thousands of yuan without any investment [6][9] - The establishment of the "Xu Xianhua Labor Model Craftsman Innovation Studio" has fostered a talent cultivation model that addresses skill gaps in the power industry, producing several provincial-level technical talents and numerous patents [9][11] - The studio has completed 137 technical projects, received 34 national patents, and generated an annual economic benefit of 6 million yuan, showcasing the effectiveness of the talent development initiatives [9][11]

Core Insights - The recent data on solar photovoltaic (PV) and inverter exports indicates a mixed performance, with a notable decline in PV component exports year-on-year, while inverter exports show growth [2][3]. Summary by Category Export Data - In March 2025, the export value of domestic solar PV components and batteries was $2.463 billion, reflecting a year-on-year decrease of 23.5% but a month-on-month increase of 47.8% [2]. - The export volume of PV components and batteries reached approximately 31.80 GW, marking an 8.7% increase year-on-year [2]. - In March 2025, the export value of inverters was $633 million, representing a year-on-year increase of 5.68% and a month-on-month increase of 39.43% [2][3]. Regional Performance - The Asian market showed strong performance with an export value of 1.65 billion yuan, up 12.28% year-on-year and 38.10% month-on-month [3]. - The European market also demonstrated recovery, with an export value of 1.773 billion yuan, reflecting a year-on-year increase of 6.05% and a month-on-month increase of 63.70% [3]. - The African market saw significant growth, with an export value of 363 million yuan, up 83.03% year-on-year and 9.87% month-on-month [3]. Market Outlook - The ongoing global energy transition and domestic policies are expected to drive demand for inverters, particularly in the Asian and African markets, as household storage and large storage needs are anticipated to rise [2][3]. - The stability and adjustment capabilities of the grid are becoming increasingly important due to the rising share of renewable energy installations [3].