2月27日，A股主要指数早盘集体下挫。截至午盘，沪指跌0.17%，深证成指跌0.68%，创业板指跌 1.46%。沪深北三市半日成交15966亿元，较上日缩量532亿元。全市场超2300只个股上涨。 盘面上，受涨价催化影响，钨、稀土等稀有金属板块集体爆发，章源钨业7天5板，中钨高新等多股创历 史新高。受中国AI模型调用量首超美国消息刺激，算力租赁板块盘中大幅拉升，云天励飞等多股大 涨。个股方面，兼具"电力+算力"双重热点的豫能控股（001896）开盘即直线拉升，1分钟内涨停，走出 7连板。 豫能控股连收7个涨停板 2月11日晚间，豫能控股就此次交易披露补充暨风险提示公告。公司提示，本次仅参股投资先天算力， 增资金额预计不超过14亿元，增资比例预计不超过49%，不会合并先天算力财务报表。 2月27日，豫能控股开盘后直线涨停，盘中短暂开板后迅速回封，截至午间休市，换手率8.07%，成交 金额16亿元。自2月11日公告布局算力业务以来，公司股价一路高歌猛进，连续7个交易日涨停，从6.85 元一路飙升至13.34元，实现股价近乎翻倍，成为电力与AI算力两大主线共振下的市场龙头。 | | | | | | | | | 00 ...

【导读】通信设备板块表现强势，电力板块活跃，豫能控股直线拉涨停 中国基金报记者 李智 一起来看下最新的市场情况及资讯。 2月26日开盘，A股主要指数涨跌不一，创业板指跌超1%，科创综指震荡调整。 | 上证指数 | 深证成指 | 科创综指 | | | --- | --- | --- | --- | | 4141.31 | 14459.54 | 1813.57 | | | -5.92 -0.14% | -16.33 -0.11% | -6.15 -0.34% | | | 万得全A | 创业板指 | 北证50 | | | 6895.13 | 3318.68 | 1547.37 | | | -4.87 -0.07% | -36.14 -1.08% | +0.17 +0.01% | | | 沪深300 | 中证500 | 中证A500 | | | 4721.49 | 8536.28 | 5953.40 | | | -14.40 -0.30% | +8.72 +0.10% | -13.90 -0.23% | | | 中证1000 | 深证100 | 中证红利 | | | 8445.17 | 5923.63 | 5783. ...

本文源自：智通财经网 国信证券此前指，制冷剂配额约束收紧为长期趋势方向，在此背景下，看好R32、R134a、R125等主流 制冷剂景气度将延续，价格长期仍有较大上行空间；对应制冷剂配额龙头企业有望保持长期高盈利水 平。此外看好液冷产业对氟化液与制冷剂需求的提升。建议关注PVDF、PTFE等含氟高分子价格修复。 智通财经获悉，东岳集团(00189)涨近6%，截至发稿，涨5.78%，报14.09港元，成交额3.02亿港元。 消息面上，据氟务在线，随着春节停产企业陆续复产，市场流动性有望在下周逐步回归，而春旺需求预 计将在3月后陆续释放，当前价格在库存低位与看涨预期的双重支撑下维持高位盘整。展望后市，出口 市场订单执行持续推进，叠加四月制冷展临近，多重利好有望为制冷剂市场带来新的变动契机，部分品 种或迎新一轮价格支撑。 ...

国信证券此前指，制冷剂配额约束收紧为长期趋势方向，在此背景下，看好R32、R134a、R125等主流 制冷剂景气度将延续，价格长期仍有较大上行空间；对应制冷剂配额龙头企业有望保持长期高盈利水 平。此外看好液冷产业对氟化液与制冷剂需求的提升。建议关注PVDF、PTFE等含氟高分子价格修复。 消息面上，据氟务在线，随着春节停产企业陆续复产，市场流动性有望在下周逐步回归，而春旺需求预 计将在3月后陆续释放，当前价格在库存低位与看涨预期的双重支撑下维持高位盘整。展望后市，出口 市场订单执行持续推进，叠加四月制冷展临近，多重利好有望为制冷剂市场带来新的变动契机，部分品 种或迎新一轮价格支撑。 智通财经APP获悉，东岳集团(00189)涨近6%，截至发稿，涨5.78%，报14.09港元，成交额3.02亿港元。 ...

国信证券此前指，制冷剂配额约束收紧为长期趋势方向，在此背景下，看好R32、R134a、R125等主流 制冷剂景气度将延续，价格长期仍有较大上行空间；对应制冷剂配额龙头企业有望保持长期高盈利水 平。此外看好液冷产业对氟化液与制冷剂需求的提升。建议关注PVDF、PTFE等含氟高分子价格修复。 东岳集团(00189)涨近6%，截至发稿，涨5.78%，报14.09港元，成交额3.02亿港元。 消息面上，据氟务在线，随着春节停产企业陆续复产，市场流动性有望在下周逐步回归，而春旺需求预 计将在3月后陆续释放，当前价格在库存低位与看涨预期的双重支撑下维持高位盘整。展望后市，出口 市场订单执行持续推进，叠加四月制冷展临近，多重利好有望为制冷剂市场带来新的变动契机，部分品 种或迎新一轮价格支撑。 ...

Major Events - Xian Dao Intelligent (00470) received a subscription rate of 79.54 times for its public offering in Hong Kong, with a final issue price of HKD 45.8 per share [1] - Shishi Pharmaceutical Group (02005) is expected to win bids for 45 products in the national centralized procurement [1] - Gilead Sciences-B (01672) has selected the oral amylin receptor agonist peptide ASC36 for clinical development [1] - China Railway Construction (01186) recently won major projects totaling CNY 451.42 billion [1] - Shoucheng Holdings (00697) invested in Qimiao Labi through its subsidiary fund, focusing on expanding its product matrix around core intellectual property [1] - Minshi Group (00425) plans to establish a joint venture to produce aluminum body frame components [1] - Fubo Group (03738) has reached a strategic cooperation with Xinglu Technology [1] - Jin Xun Resources (03636) plans to increase capital by a total of USD 44 million for its overseas subsidiaries [1] - Changfei Optical Fiber and Cable (06869) experienced abnormal fluctuations in A-share trading, clarifying that it does not engage in CPO-related businesses [1] Operating Performance - SMIC (00981) reported Q4 revenue of USD 2.489 billion, a quarter-on-quarter increase of 4.5%, with a gross margin of 19.2% [1] - PCCW (00008) reported a loss attributable to shareholders of HKD 253 million for the fiscal year 2025, narrowing by 16% year-on-year [1] - WuXi Biologics (02269) issued a positive profit alert, expecting a year-on-year profit increase of approximately 46.3% to CNY 4.908 billion for the fiscal year 2025 [1] - Dongyue Group (00189) issued a positive profit alert, anticipating over 100% year-on-year growth in profit attributable to owners for 2025 [1] - Elephant Future Group (02309) issued a positive profit alert, expecting a mid-term profit attributable to owners of approximately HKD 178 million, reversing from a loss [1] - Sihuan Pharmaceutical (00460) issued a positive profit alert, expecting revenue of no less than CNY 2.5 billion for 2025, with a growth rate exceeding 30% compared to the previous year [1] - Beijing Automotive (01958) expects a net profit attributable to the parent company of approximately CNY 110 million to CNY 130 million for 2025, a year-on-year decrease of about 86.4% to 88.5% [1] - COFCO Joycome (01610) issued a profit warning, expecting a loss attributable to shareholders of approximately CNY 230 million to CNY 350 million, reversing from profit year-on-year [1] - New Town Development (01030) achieved a contract sales amount of approximately CNY 714 million in January, a year-on-year decrease of 29.79% [1] - Yue Yuen Industrial (00551) reported a net operating income of approximately USD 705 million in January, a year-on-year decrease of 12.5% [1] - Baoshan International (03813) reported a cumulative net operating income of CNY 1.748 billion in January, a year-on-year decline of 32.5% [1]

Group 1 - The company expects a more than 100% year-on-year increase in profit attributable to shareholders for 2025 [1] - The significant profit growth is primarily driven by substantial price increases in several products within the refrigerant division and strict cost and expense control [1] - The anticipated profit growth takes into account a considerable increase in asset impairment losses due to the gradual shutdown of two old power plants starting in 2025 as required by policy, which negatively impacts the company's net profit [1]

Core Viewpoint - Dongyue Group (00189) expects a more than 100% year-on-year increase in profit attributable to shareholders for 2025, primarily driven by significant price increases in various products within its refrigerant division and stringent cost and expense control measures [1] Financial Performance - The substantial profit growth is attributed to the price increases in multiple products in the refrigerant segment [1] - The profit increase has taken into account the anticipated asset impairment losses due to the gradual shutdown of two old power plants starting in 2025, as required by policy, which will negatively impact the group's net profit [1]

Core Viewpoint - Dongyue Group (00189) expects a more than 100% year-on-year growth in profit attributable to shareholders for 2025, primarily driven by significant price increases in various products within its refrigerant division and stringent cost control measures [1] Summary by Relevant Categories Profit Growth - The company anticipates a substantial increase in profit attributable to shareholders, projected to exceed 100% year-on-year for 2025 [1] Revenue Drivers - The significant profit growth is mainly attributed to considerable price increases in multiple products within the refrigerant segment [1] - The company has implemented strict cost and expense controls, contributing to the overall profit increase [1] Asset Impairment - The anticipated profit growth takes into account the expected increase in asset impairment losses due to the gradual shutdown of two old power plants starting in 2025, as required by policy [1] - This shutdown is expected to negatively impact the company's net profit [1]

Core Viewpoint - Dongyue Group (00189.HK) expects over 100% growth in profit attributable to shareholders for the year ending December 31, 2025, compared to the year ending December 31, 2024 [1] Financial Performance - The significant profit increase is attributed to substantial price increases in various products within the refrigerant segment and strict cost and expense control by the company [1] - The profit growth has taken into account the anticipated asset impairment losses due to the gradual shutdown of two old power plants starting in 2025, which will negatively impact the company's net profit [1]