证券代码：920046 证券简称：亿能电力 公告编号：2026-004 无锡亿能电力设备股份有限公司 关于为全资子公司提供担保的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、担保情况概述 （一）担保基本情况 为支持无锡亿能汇尚机电工程有限公司（公司全资子公司，以下简称"亿能 汇尚"、"全资子公司"）的业务开展，公司拟为亿能汇尚申请银行授信提供连带 责任担保，担保总额不超过 5000 万元（已发生的对外担保金额与本次审议担保 金额合计），提供担保的有效期为本次董事会审议通过之日至 2026 年 10 月 31 日，如授信额度下单笔借款存续期超过前述有效期，则决议的有效期自动顺延至 该笔借款期满之日。 （二）是否构成关联交易 本次交易不构成关联交易。 （三）决策与审议程序 公司于 2026 年 2 月 25 日召开的第四届董事会第九次会议审议通过了《关 于为全资子公司提供担保的议案》。 议案表决结果：同意 5 票；反对 0 票；弃权 0 票； 说明：本次会议决议是对公司于 2025 年 7 月 ...

证券代码：920046 证券简称：亿能电力 公告编号：2026-003 无锡亿能电力设备股份有限公司 第四届董事会第九次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2026 年 2 月 25 日 2.会议召开地点：公司会议室 5.会议主持人：董事长黄彩霞女士 6.会议列席人员：公司高级管理人员 7.召开情况合法合规的说明： 本次会议的召开符合《公司法》《公司章程》《董事会议事规则》等有关法律 法规、规范性文件及公司制度的规定。 （二）会议出席情况 3.会议召开方式：现场 4.发出董事会会议通知的时间和方式：2026 年 2 月 13 日以电子通信方式发 出 4.提交股东会表决情况： 本议案无需提交股东会审议。 三、备查文件 会议应出席董事 5 人，出席和授权出席董事 5 人。 二、议案审议情况 （一）审议通过《关于为全资子公司提供担保的议案》 1.议案内容： 议案内容详见公司在北京证券交易所指定信息披露平台（www.bse. ...

证券代码：920046 证券简称：亿能电力 公告编号：2026-002 无锡亿能电力设备股份有限公司 2025 年年度业绩快报公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 特别提示：本公告所载 2025 年 年度主要财务数据为初步核算数据，未经会 计师事务所审计，具体数据以公司 2025 年年度报告中披露的数据为准，提请投 资者注意投资风险。 一、2025 年年度主要财务数据和指标 单位：元 | 项目 | 本报告期 | 上年同期 | 变动比例% | | --- | --- | --- | --- | | 营业收入 | 210,274,239.63 | 180,417,281.43 | 16.55% | | 利润总额 | 17,570,389.67 | 15,346,630.11 | 14.49% | | 归属于上市公司股 | 15,005,566.18 | 13,958,547.66 | 7.50% | | 东的净利润 | | | | | 归属于上市公司股 东的扣除非经常性 | 13,450,5 ...

Market Overview - The Shanghai Composite Index experienced narrow fluctuations, while the Shenzhen Component and ChiNext indices saw upward movements, with the Shanghai and Shenzhen markets recording a half-day trading volume of 1.33 trillion yuan, an increase of 30.7 billion yuan from the previous trading day [1] - Over 2,700 stocks in the market rose, with notable strength in the electric grid equipment sector, where companies like Suyuan Electric and Sifang Co. reached new highs [1] - The non-ferrous metals sector remained active, with Xianglu Tungsten and Zhangyuan Tungsten achieving consecutive gains [1][7] - The CPO concept stocks surged again, with Tianfu Communication rising over 10% to set a new historical high [1] - The gas turbine concept stocks exploded, with Yingliu Co. and Changbao Co. hitting the daily limit [1] Electric Grid Equipment Sector - The electric grid equipment sector showed strong performance, with stocks like Suyuan Electric, Sifang Co., Shun Sodium Co., and Senyuan Electric hitting the daily limit [1][12] - The sector's growth is supported by a significant increase in transformer exports, which reached a record value of 64.6 billion yuan in 2025, marking a nearly 36% increase from the previous year [2][3] Non-Ferrous Metals Sector - The non-ferrous metals sector saw a notable increase, with black tungsten concentrate prices rising by 25.19% to 671,000 yuan per ton, and ammonium paratungstate prices increasing by 24.68% to 985,000 yuan per ton [7][17] - The Producer Price Index (PPI) showed a positive growth of 0.4% month-on-month in January 2026, the highest growth rate since May 2022, indicating potential price increases in the non-ferrous, electronics, and chemical industries [7] Liquid Cooling and Computing Power Rental Sector - The liquid cooling concept stocks also performed well, with companies like Chuanrun Co., Bojie Co., and Yingwei Co. hitting the daily limit [3][10] - The computing power rental sector remained active, with stocks like Dazhi Technology achieving four consecutive gains, and UCloud announcing a price increase for all cloud products and services starting March 1, 2026, due to rising costs [6][20] Media and Entertainment Sector - The media and entertainment sector faced a collective decline, with companies like Huanrui Century and Hengdian Film experiencing significant drops [1] Summary - Overall, the market continued to show a mixed trend, with the ChiNext index gaining over 1%. Technology growth stocks, particularly in electric grid equipment, liquid cooling, gas turbines, and computing power rental, led the gains, while the media and consumer sectors faced adjustments [9]

Investment Rating - The industry is rated as "Overweight," indicating an expected increase in performance exceeding the market benchmark index by more than 10% over the next 6-12 months [40]. Core Insights - The North Exchange market has reached a significant milestone with the number of qualified investors surpassing 10 million, marking a net increase of nearly 2 million compared to the same period last year, which lays a solid foundation for long-term healthy market development [3][34]. - Despite recent market adjustments, the long-term allocation value of the North Exchange remains recognized by institutions, with a slight decrease in margin financing indicating a reduction in market risk appetite [3][36]. - The acceleration of new stock issuances is expected to provide new supply to the market, with five new stocks issued in January and more expected in the coming weeks [3][36]. Summary by Sections Market Overview - The average daily trading volume of all A-shares on the North Exchange reached 20.48 billion yuan, a decrease of 28.7% week-on-week [8]. - The North Exchange 50 index fell by 0.70% during the week, with an average turnover rate of 2.13% [8]. Key News and Policies - A joint release by ten departments introduced the "Low Altitude Economy Standard System Construction Guide (2025 Edition)," focusing on five core areas including low-altitude aircraft and safety regulation [20]. - The Shanghai Gold Exchange adjusted the trading margin levels and price fluctuation limits for certain gold and silver contracts [24]. Core Driving Factors - The North Exchange's market construction has reached a new stage, with a significant increase in qualified investors, indicating enhanced market attractiveness and investor ecosystem development [34]. - Structural differentiation is evident in the industry, with active performance in energy and technology sectors, while the overall valuation shows signs of convergence [35]. - Market sentiment is cautious, with a slight retreat in margin financing indicating reduced risk appetite among investors [36]. Investment Recommendations and Strategies - Attention is recommended on the upcoming adjustments to the North Exchange 50 constituent stocks, which may create passive allocation demand for index funds [37]. - Focus on sectors with clear industrial trends such as AI, commercial aerospace, and semiconductors, as well as leading companies in the new energy sector that align with new productivity directions [38]. - A bottom-up approach is suggested to identify stocks with matching performance and valuation, especially those with potential for exceeding earnings expectations [38].

| | 2026-02-06亿能电力 (920046) 龙虎榜 | | | | --- | --- | --- | --- | | 序号 | 交易营业部名称 | 买入金额(元) | 卖出金额(元) | | ਜੇਟ ਹ | 国信证券股份有限公司深圳互联网分公司 | 19184122.54 | 24501145.08 | | 买2 | 机构专用 | 12870649.21 | 11528799.24 | | 买3 | 中信证券股份有限公司北京复外大街证券营业部 | 6552341.39 | 291955.6 | | द्र 4 | 东方财富证券股份有限公司拉萨东环路第一证券营业部 | 5597800.62 | 4853374.86 | | નેરિટ | 东方财富证券股份有限公司拉萨东环路第二证券营业部 | 4644676.94 | 6031275.03 | | 卖T | 国信证券股份有限公司深圳互联网分公司 | 19184122.54 | 24501145.08 | | 卖2 | 国金证券股份有限公司深圳分公司 | 4424900.3 | 14895456.61 | | 卖3 | 机构专用 | 12870649 ...

Core Insights - The report indicates that since the fourth quarter, the funding structure of the Beijing Stock Exchange (BSE) has shown a "dual expansion" characteristic, with both the number and attention towards index funds steadily increasing, forming a preliminary bottom position for index products. Concurrently, some active funds are beginning to identify individual stocks with growth potential and undervaluation advantages, transitioning from a concentrated to a structured optimization approach, maintaining overall market stability [7][16] - From the market ecology perspective, the concentration of index constituent stocks has increased, and the valuation anchoring effect is gradually becoming evident. Some newly listed stocks with solid fundamentals and low coverage have become focal points for new incremental funds. As the allocation logic evolves towards the medium to long term, the market style is gradually shifting to a "selected + low turnover" characteristic. Overall, the current valuation of the BSE market offers relative cost-effectiveness, with a resonance structure among index funds, active funds, and new stock supply, which is expected to provide medium-term support for the market [7][16] Market Review and Valuation - As of January 29, 2026, the BSE 50 Index rose by 6.64% in January, with a maximum increase of 3.96% during the period. Among BSE stocks, 222 stocks increased, 69 stocks decreased, and none remained flat [8][17] - The average PE (TTM) of the BSE 50 Index as of January 29, 2026, is 64.50 times, with a median of 64.74 times. In comparison, the average PE (TTM) of the ChiNext Index is 43.24 times, and the Sci-Tech Innovation Board is 175.49 times [22] New Stock Dynamics - In January, four new stocks were listed on the BSE, bringing the total number of listed companies to 291 as of January 29, 2026. From January 1 to January 30, 2026, five companies were subscribed and five were listed [32] Key Company Announcements - The report includes various company announcements, highlighting significant contracts and operational updates from companies such as Copper Crown Mining, Taihu Yuanda, and Dana Biotechnology, which indicate ongoing business activities and strategic developments [40]

Group 1 - SpaceX plans to launch the second generation of its Starlink satellite communication system in 2027, with overall capacity expected to increase by over 100 times and data throughput capability to improve by more than 20 times compared to the first generation [2][12] - The global rocket launch service market reached USD 16.45 billion in 2023 and is projected to exceed USD 50 billion by 2032, with a compound annual growth rate (CAGR) of 13% from 2023 to 2032 [2][25] - The upstream materials and core components account for 85%-90% of the total cost of rockets, with liquid engine manufacturing constituting approximately 50% of the total cost [2][18] Group 2 - The North Exchange technology growth stocks saw a median price change of +1.25% from January 19 to January 23, 2026, with 108 companies (71%) experiencing an increase [2][44] - The median price-to-earnings (P/E) ratio for the information technology industry increased by 7.40% to 83.6X, while the median market capitalization rose from CNY 2.68 billion to CNY 2.77 billion [2][50] - The North Exchange electronic equipment industry saw its median P/E ratio rise from 62.3X to 65.8X, with the total market capitalization increasing from CNY 148.39 billion to CNY 153.9 billion [2][52] Group 3 - The North Exchange rocket industry chain includes six companies: Xingtou Measurement and Control, Minshida, Suzhou Axis, Xingchen Technology, Kelong New Materials, and KQ Co., Ltd [2][40] - The average launch cost for China's satellite launches is expected to reach CNY 45,000 per kilogram by 2029, while SpaceX's Falcon 9 has a launch cost of CNY 20,000 per kilogram [2][38][37] - The commercial space market in China is projected to grow at an annual rate of over 20%, potentially reaching CNY 9 trillion by 2030 [2][24]

Group 1 - The report highlights the introduction of the "Interim Measures for the Recycling and Comprehensive Utilization of Waste Power Batteries for New Energy Vehicles," which will take effect on April 1, 2026, mandating a full lifecycle management approach for retired batteries [4][16][17] - The total amount of retired lithium batteries in mainland China is projected to increase from 157,100 tons in 2020 to 455,100 tons in 2024, representing a compound annual growth rate (CAGR) of 30.5% [4][37][39] - The report identifies four companies listed on the Beijing Stock Exchange involved in lithium battery recycling, with a total market capitalization of 10.459 billion yuan as of January 23, 2026 [4][45][46] Group 2 - The chemical new materials sector experienced an average weekly increase of 5.11% in stock prices, with notable companies such as Meibang Technology and Tianli Composite showing significant gains [5][62] - The average price-to-earnings (P/E) ratio for the chemical new materials industry rose to 42.5X, indicating a positive market sentiment [5][62] - The technology sector saw a median P/E ratio increase from 44.3X to 44.7X, with a total market capitalization growth from 546.417 billion yuan to 560.692 billion yuan [6][76][77] Group 3 - The report emphasizes the importance of both tiered utilization and recycling of retired power batteries, with tiered utilization focusing on reusing batteries with remaining capacity for applications such as energy storage systems [25][26] - The recycling process aims to extract valuable materials from waste batteries, with physical and chemical recovery methods being the primary techniques employed [27][29][30] - The report notes that the global processing volume of retired batteries is expected to grow from 338,400 tons in 2020 to 1.3 million tons by 2024, with a CAGR of 40.6% [40]

免责声明：本文内容与数据仅供参考，不构成投资建议，使用前核实。据此操作，风险自担。 每日经济新闻 （记者 曾健辉） 每经讯，2026年1月21日，北交所上市公司亿能电力（920046，收盘价：25.05元）登上龙虎榜，交易方式是连续竞价，披露原因 是当日换手率达到31.19%，成交数量1744.49万股，成交金额4.44亿元。买一席位为东莞证券股份有限公司四川分公司，买入 1651.66万元；卖一席位为国金证券股份有限公司深圳分公司，卖出1455.13万元。 | | 2026-01-21亿能电力 (920046) 龙虎榜 | | | | --- | --- | --- | --- | | 序号 | 交易营业部名称 | 买入金额 | 卖出金额 | | | | (元) | (元) | | ポリ | 东莞证券股份有限公司四川分公司 | 16516640.82 | 371852.5 | | 买2 | 国信证券股份有限公司深圳互联网分公司 | 13966828.81 | 7275620.95 | | 买3 | 国金证券股份有限公司深圳分公司 | 12216087.16 | 14551260.26 | | 买4 | 机构 ...