行业基本面与个股表现分化亦是重要背景。尽管化工行业在"反内卷"政策推进下出现景气修复预期，但 恒力石化2025年三季报显示其营收同比下降11.46%，归母净利润同比下降1.61%。公司PTA产品毛利率 仅为3.39%，面临行业竞争加剧和需求疲软的双重挑战。此外，公司负债率维持在76.41%的较高水平， 财务费用达35.18亿元，较重的财务负担可能影响投资者对其短期盈利能力的判断。 下跌的直接因素与资金面表现相关。2月13日主力资金呈现净流出态势，占总成交额10.48%，而前一交 易日（2月9日）主力资金为净流入1.25亿元。资金流向的快速反转对股价形成压力。同时，当日融资净 偿还348.94万元，反映部分杠杆资金选择离场。 公司基本面 经济观察网 根据市场数据，恒力石化（600346）（600346.SH）在2026年2月13日出现逆板块下跌，单 日跌幅2.96%，而当日石油石化板块整体下跌3.09%，炼化及贸易板块下跌3.23%。该股最新收盘价为 24.57元，成交额6.77亿元，主力资金净流出7089.01万元。 资金面情况 股价情况 技术面显示股价承压。截至2月13日，恒力石化股价位于20日布林带中轨（ ...

股票近期走势 2026年2月13日，ST创兴召开第十届第2次董事会会议，审议了与关联方钱江弹簧签署日常关联交易框 架协议的议案。此次会议是公司近期治理活动的一部分，可能影响投资者对公司的关注度。 2026年2月9日，算力租赁概念受政策利好推动活跃，工信部发布算力互联互通节点建设通知。ST创兴 主营业务包含算力服务业务，行业热点可能间接波及公司股价表现。 经济观察网 ST创兴近期召开董事会审议关联交易议案，同时其股价在算力概念活跃背景下呈现震荡下 跌走势。 近期事件 近7个交易日（2026年2月6日至2月13日），ST创兴股价呈现震荡走势。截至2月13日收盘，股价报4.20 元，单日上涨1.20%，但区间累计下跌9.29%（以2月2日收盘价4.63元为基准）。期间最高价4.75元（2 月2日），最低价4.11元（2月12日），振幅达13.82%。技术面显示，股价目前低于20日均线（4.42 元），布林带压力位4.80元，支撑位4.04元，MACD和KDJ指标偏弱，表现落后于大盘和行业平均水 平。资金流向方面，2月13日主力资金净流出109.66万元，散户资金净流入109.66万元，反映市场分歧较 大。 以上内容 ...

经济观察网 基于近期公告和公开信息，皖能电力（000543）有以下值得关注的事件： 在"双碳"目标下，公司计划加速风光项目并网，构建多能互补清洁能源体系，并在新疆、陕西等地扩大 布局。同时，参股的淮北聚能发电和中煤新集六安电厂项目预计2026年上半年投产，有望强化火电基本 盘。 公司项目推进 政策监管 近期公司因串通报价行为被华东能源监管局罚款80万元，需关注后续整改情况。此外，公司明确抽水蓄 能业务暂未整合计划，后续重大调整将另行公告。 以上内容基于公开资料整理，不构成投资建议。 皖能电力计划向新能公司增资45.41亿元（包括能源交易公司100%股权作价28.13亿元和现金17.27亿 元），以控股51%并解决与皖能集团的同业竞争问题。该交易已获董事会通过，尚需股东会批准，完成 后将提升公司新能源资产比重。华源证券研报指出，此举有助于公司聚焦清洁能源业务，新能源装机规 模有望进一步扩大。 合同最新进展 公司已于2026年2月初完成2026年度电力交易合同签约工作，后续将统筹剩余合同补充、煤炭采购及电 力现货交易等事项，以提升经营效益。 业务与技术发展 ...

Core Viewpoint - Changcheng Micro Light (08286.HK) has reached a settlement with creditors regarding its liquidation application and has requested to withdraw it, with a related hearing scheduled for December 10, 2025. The company is facing a critical shareholder loan extension agreement due in 2026, raising ongoing concerns about its cash flow situation [1][2]. Recent Events - On February 11, 2026, it was reported that Changcheng Micro Light has settled with creditors and applied for the withdrawal of its liquidation application, with a hearing set for December 10, 2025. The company is also dealing with a key shareholder loan extension agreement that is due in 2026, which continues to attract market attention regarding its cash flow status [1][2]. Stock Performance - Over the past 7 days (as of February 13, 2026), Changcheng Micro Light's stock price has shown significant volatility, with a single-day increase of 15.70% to HKD 0.14 on February 12, 2026, and a trading volume of HKD 32,200. The cumulative increase over 5 days reached 21.74%, while the 20-day increase was 57.30%. Technical indicators suggest that the stock price has touched the upper Bollinger Band (HKD 0.143), with the MACD histogram turning positive at 0.008 and the KDJ indicator's J line rising to 56.85, indicating potential short-term overbought conditions [3]. Financial Analysis - The company is under significant financial pressure, with a 4.2% year-on-year decrease in revenue for the first half of 2025, amounting to HKD 8.662 million, and a widening loss attributable to shareholders of HKD 4.111 million. As of the end of 2024, the debt-to-asset ratio reached 187%, with only HKD 2.92 million in cash on hand, indicating a tight cash flow situation that poses challenges to operational stability [4].

Core Viewpoint - The recent changes in the management structure of Jinyuan Hydrogen (02502.HK) may impact the company's strategic direction, particularly in the hydrogen energy sector [1][3]. Management Changes - On January 30, 2026, Xu Fenglai was elected as a non-executive director and appointed as the vice chairman of the board. He also became the chairman of the Strategic Committee and a member of the Audit Committee. Former non-executive director Wang Kaibao resigned from his positions [2]. - The changes also included the election of Zhou Feng as a supervisor [2]. Impact of Events - Strategic Direction Adjustment: Xu Fenglai's role as chairman of the Strategic Committee may influence the company's focus and resource allocation in core business areas like hydrogen energy. The company has stated that its overall strategic planning for the hydrogen energy sector remains stable, aiming to develop integrated projects [3]. - Changes in Governance Structure: The adjustments in the Audit and Strategic Committees may affect the company's internal risk control and strategic decision-making processes. The long-term effects of these governance changes will need to be observed in terms of operational compliance and efficiency [3]. - Company Fundamentals: The management changes occur against a backdrop of declining performance. According to the mid-2025 report, the company's revenue decreased by 9.98% to 1.442 billion yuan, and it reported a net loss of 20.231 million yuan. The new management will face challenges in addressing revenue decline and weakened profitability [3]. Industry Policy and Environment - The National Energy Administration stated in January 2026 that during the 14th Five-Year Plan period, there will be strengthened planning and policy support for the hydrogen energy industry. Jinyuan Hydrogen's business involves hydrogen purification and hydrogen station operations, and industry policy trends may present medium to long-term development opportunities, contingent on the company's ability to effectively capitalize on them [4]. Summary - The management changes at Jinyuan Hydrogen represent a significant adjustment in governance structure. The strategic decision-making and execution capabilities of the new management will be critical factors influencing the company's future development, but their effectiveness will need to be evaluated in conjunction with improvements in the company's fundamentals and the implementation of industry policies [4].

近7个交易日（截至2026年2月13日），长城电工股价震荡下行，区间跌幅0.43%，最新收盘价9.37元（2 月13日），单日下跌1.26%。期间成交额约3.62亿元，换手率活跃度一般（2月12日换手率2.18%）。技 术面显示股价处于20日布林线下轨附近（支撑位8.63元），MACD指标呈负值，短期走势偏弱。同期所 属电网设备板块下跌1.71%，公司表现略优于板块但弱于大盘。 以上内容基于公开资料整理，不构成投资建议。 经济观察网 2026年2月12日，长城电工（600192）发布公告，为其全资子公司天水长城开关厂集团有限 公司提供1亿元银行信贷业务担保，旨在满足子公司日常经营资金需求。截至公告日，公司及控股子公 司对外担保总额达5.24亿元，占最近一期经审计净资产的44.37%。该事件可能影响公司债务风险预期， 但担保属于年度计划内操作，未出现逾期情况。 股票近期走势 ...

Stock Performance - The stock of Weichai Heavy Machinery (000880.SZ) experienced a decline of 3.67% on February 13, closing at 35.67 yuan, with a trading volume of 631 million yuan and a turnover rate of 7.72% [1] - The stock had previously risen significantly, with a 5-day cumulative increase of 11.47% and a 20-day increase of 19.34%, indicating a potential overbought condition [1] Capital Flow - On February 13, there was a net outflow of 99.03 million yuan in main funds, including a net outflow of 63.79 million yuan from large orders and 35.25 million yuan from super large orders [2] - The financing balance decreased by 10.75 million yuan over the past 5 trading days, suggesting that some leveraged funds are taking profits [2] Sector Performance - On the same day, the automotive parts sector fell by 0.64% and the machinery equipment sector dropped by 0.96%, both underperforming the broader market, which saw the Shanghai Composite Index decline by 1.26% [3] Company Valuation - The current price-to-earnings ratio (TTM) for the company is 67.45, significantly higher than the industry average of 43.17, while the price-to-book ratio stands at 8.04, near historical highs [4] - Despite a projected net profit growth of 45%-75% for 2025, there are concerns regarding the company's ability to meet high valuation expectations [4] - The recent stock movement is attributed to a combination of technical overbought conditions, capital outflows, and weak sector sentiment, although the company's fundamentals remain strong with long-term support from projected earnings growth and alternative fuel technology initiatives [4]

经济观察网 创元科技（000551）在投资者互动平台表示，公司全资子公司江苏苏净的洁净室业务主要 应用于新能源、电子信息和大健康行业，目前在航空航天领域占比较少。 股票近期走势近7个交易日（2026年2月8日至14日），创元科技股价呈现震荡走势，区间跌幅为 1.00%，振幅达5.32%。具体来看，2月11日股价下跌2.30%，收盘报14.90元，主力资金净流出2644.14万 元；2月12日股价上涨0.60%，收盘报14.99元，主力资金净流入713.42万元；2月13日收盘价进一步回落 至14.88元，单日下跌0.73%，主力资金净流出1404.97万元。同期，A股市场整体承压，上证指数下跌 1.26%，环保设备板块下跌0.80%。 机构观点根据机构最新数据，创元科技市场关注度一般，机构评级以中性为主，综合目标价为14.26 元，较最新价潜在上涨空间为34.02%。盈利预测显示，机构预计公司2025年净利润同比增长8.53%， 2026年增速提升至15.44%。基金持仓方面，2025年四季度公募基金对环保板块增配，创元科技位列持 仓增加前十名单。 以上内容基于公开资料整理，不构成投资建议。 ...

以上内容基于公开资料整理，不构成投资建议。 机构观点 机构对浩物股份关注度较低，最新舆情偏中性。截至02月14日，机构评级以中性为主，无显著利好或利 空观点。盈利能力方面，2025年三季报显示公司归母净利润同比增长324.27%，但行业排名居中 （4/10），每股收益0.08元略高于行业均值。估值层面，证券之星02月09日分析指出相对估值区间为 4.67-5.16元，估值准确性评级C，综合基本面看股价处于合理区间。 经济观察网 近7天（2026年02月07日至02月14日），浩物股份（000757）股价呈现震荡走势。截至02月 13日收盘，股价报5.21元，较02月09日收盘价5.29元微跌0.57%，区间振幅为2.86%。资金面上，02月13 日主力资金净流入107万元，但近5日整体资金流向偏中性，02月11日主力净流出449万元。技术面显 示，当前股价处于布林带中轨附近，20日压力位约5.35元，支撑位约5.10元，MACD指标接近零轴，短 期或延续震荡格局。 ...

板块变化情况 经济观察网厦门钨业（600549）在2026年2月13日出现逆板块下跌，主要受以下因素影响： 当日有色金属板块整体表现疲软，上证指数下跌1.26%，有色金属(代码：01801050)板块指数下跌 3.36%，钨概念(代码：02050012)板块指数下跌3.71%。在此背景下，厦门钨业作为板块成分股受到市场 情绪拖累。 资金面情况 2月13日厦门钨业主力资金净流出3.18亿元，占总成交额的8.41%，显示部分资金选择获利了结。尽管公 司近5日融资净流入3.86亿元，但短期资金博弈加剧了股价波动。 公司估值 截至2月13日，厦门钨业动态市盈率为39.76倍，虽低于行业54.91倍的中位值，但股价在前期涨幅较大 (年初至2月6日累计上涨27%)，存在技术性回调压力。 公司基本面 值得注意的是，厦门钨业2025年业绩表现强劲，营收同比增长31.37%，归母净利润增长35.08%。公司 近期拟收购九江大地矿业股权以增强资源保障，光伏钨丝全球市占率超80%，基本面向好趋势未变。 以上内容基于公开资料整理，不构成投资建议。 ...