| | | 都在用的商业查询工具 | 章公司 音音板 清米加 育风险 | | | | --- | --- | --- | --- | --- | --- | | | | 国家中小企业发展子基金旗下机构 | 哈尔滨电机厂有限责任公司 | 8 天眼一下 | 脂 应用 · 商务合作 | | 基本信息 164 | | 法律诉讼 13 | 经营风险 6 | 经营信息 999+ | 公司发展 82 知识 | | 要更记录 49 0 0 | | | | | 变更项目 - | | 序号 | 变更目期 | 变更项目 | 变醇前 | | | | 1 | 2025-11-06 | 注册资本变更(注册资 金、资金数额等变更) 恋更 | 70923.688 | | 119208 119944 ( + 68.07) | | 2 | 2025-11-06 | 投资人变更(包括出资 额、出资方式、出资日 期、投资人名称等)变 है | 哈尔滨电气股份有限公司(出资额:70923.6880万元;出资比例:10 0%) | | 哈尔滨电气股份有限公司( 9);出资比例:100%) | | 3 | 2025-11-06 | 章程备案变更 | 无 ...

该公司成立于1994年10月，法定代表人为王贵，经营范围包括建设工程施工、建设工程设计、特种设备 制造等。股东信息显示，该公司由哈尔滨电气（01133.HK）全资持股。 天眼查工商信息显示，11月6日，哈尔滨电机厂有限责任公司发生工商变更，注册资本由约7.1亿人民币 增至约11.9亿人民币，增幅约68%，同时，部分高管也发生变更。 ...

Investment Rating - The report provides a positive investment outlook for various sectors within the energy industry, particularly highlighting opportunities in hydropower, green energy, nuclear power, thermal power, and gas sectors [10][30]. Core Insights - The electricity market in the State Grid operating area has achieved near-complete coverage of the electricity spot market, with significant developments in provinces such as Shanxi, which has seen a 128.75% increase in new energy and clean energy installed capacity since the 14th Five-Year Plan [4][9]. - Natural gas prices have shown a divergent trend globally, with increases in Europe and the US, while prices in Asia remain stable due to ample supply [11][30]. Summary by Sections 1. Electricity - The State Grid has implemented a continuous settlement trial for the electricity spot market in Sichuan and Chongqing, marking a significant step towards full coverage [4][7]. - Shanxi's electricity spot market has recorded a total clearing volume of 156.23 billion kWh in the first half of 2025, with real-time average prices reflecting a "two peaks and one valley" pattern [9][10]. 2. Natural Gas - As of November 7, 2025, the Henry Hub spot price in the US reached $3.76/mmBtu, reflecting a weekly increase of 5.52%, while European prices also saw upward trends [11][12]. - The report notes that the LNG national ex-factory price in China is 4382 yuan/ton, with a slight weekly decrease of 0.57% [28][30]. 3. Investment Recommendations - Hydropower: Favorable conditions for winter and spring generation, recommending companies like Guotou Power and Chuan Investment Energy [10]. - Green Energy: Increased stability in returns for existing projects, suggesting attention to companies like New Energy and Longyuan Power [10]. - Nuclear Power: Long-term growth potential remains strong, with recommendations for China Nuclear Power and China General Nuclear Power [10]. - Thermal Power: Improved profitability due to lower fuel costs, recommending companies like Guodian Power and Huaneng International [10]. - Gas Sector: Favorable conditions for city gas companies, recommending Kunlun Energy and New Energy [30]. 4. Company and Industry Dynamics - As of September 2025, China's new energy storage capacity exceeded 100 million kW, accounting for over 40% of the global total [39]. - The report highlights the steady growth in electricity market transactions, with a total of 4.92 trillion kWh traded by September 2025, marking a 7.2% year-on-year increase [39].

Investment Rating - The report maintains a "Positive" outlook on the power and gas sectors, highlighting the full coverage of the electricity spot market in the State Grid operating area and the seasonal rise in gas prices in Europe and the US [1]. Core Insights - The electricity spot market in the State Grid operating area has achieved near-complete coverage, with 18 provincial-level markets in continuous settlement trial operation as of November 1, 2025. This includes the formal operation of inter-provincial markets and five provincial-level markets [4][8]. - In the gas sector, US Henry Hub spot prices rose to $3.76/mmBtu, reflecting a weekly increase of 5.52%, while European gas prices also saw increases due to seasonal demand [13][19]. Summary by Sections 1. Electricity - The State Grid operating area has nearly achieved full coverage of the electricity spot market, with significant developments in various provinces. As of November 1, 2025, the market has transitioned to continuous settlement trials in Sichuan and Chongqing [4][8]. - In Shanxi, the first province to fully implement the electricity spot market, the average spot price for electricity was recorded at 0.283 yuan/kWh, with a total of 156.23 billion kWh cleared in the first half of 2025 [10]. - The growth of renewable energy capacity in Shanxi has been substantial, with an increase of 128.75% since the 14th Five-Year Plan, leading to a significant impact on electricity pricing and market dynamics [10]. 2. Gas - The report notes a divergence in global gas prices, with US prices rising while Asian LNG prices remain stable due to ample supply. As of November 7, 2025, the Northeast Asia LNG spot price was $11.10/mmBtu, unchanged from the previous week [13][27]. - The report highlights the increase in US natural gas production and demand, with the Henry Hub futures price reaching $4.32/mmBtu, marking a 4.63% increase [14][19]. - Recommendations for investment in gas-related companies include those with integrated natural gas trading capabilities, such as Kunlun Energy and New Hope Energy, as well as city gas companies benefiting from cost reductions [31]. 3. Weekly Market Review - The report indicates that the electricity equipment, public utilities, environmental protection, and gas sectors outperformed the Shanghai and Shenzhen 300 index during the week of November 2 to November 9, 2025 [35]. 4. Company and Industry Dynamics - As of September 2025, China's new energy storage capacity exceeded 100 million kW, representing over 40% of the global total, with significant contributions from various regions [41]. - The report also notes that the National Energy Administration is actively promoting the construction of a unified national electricity market, with trading volumes and participants steadily increasing [41].

Core Insights - Harbin Electric Company Limited is a significant player in the electric equipment manufacturing industry, focusing on power generation and transmission solutions [1] Company Overview - The company specializes in the production of power generation equipment, including steam turbines, gas turbines, and hydroelectric generators [1] - Harbin Electric has established a strong market presence both domestically and internationally, contributing to its competitive advantage in the industry [1] Financial Performance - Recent financial reports indicate a steady growth in revenue, with a year-on-year increase of 15% in the last quarter [1] - The company's net profit margin has improved, reaching 10% compared to 8% in the previous year [1] Market Position - Harbin Electric holds a significant market share in the Chinese power equipment sector, estimated at 25% [1] - The company is also expanding its footprint in emerging markets, aiming to increase its international sales by 20% over the next two years [1] Strategic Initiatives - The company is investing heavily in research and development, with a budget allocation of 5 billion yuan for innovative technologies [1] - Partnerships with global firms are being pursued to enhance product offerings and market reach [1]

（文章来源：每日经济新闻） 每经AI快讯，哈尔滨电气(01133.HK)涨超6%，年内股价已飙升逾5倍。截至发稿，涨6.23%，报14.32港 元，成交额2.14亿港元。 ...

哈尔滨电气(01133)涨超6%，年内股价已飙升逾5倍。截至发稿，涨6.23%，报14.32港元，成交额2.14亿 港元。 消息面上，瑞银此前研报指出，对中国电力市场需求更为乐观，预计2028年至2030年中国电力需求将增 长8%，为早前预测两倍。纵使该行早已认定人工智能数据中心、出口及电动化为结构性推动因素，但 预期有关因素影响明显超越原来预期。该行的有关调整反映对人工智能数据中心兴建、电力出口增长加 快及电动化加速的信心增强，有利明年起电力设备及电网资本开支。该行首选股为哈尔滨电气等。 ...

消息面上，瑞银此前研报指出，对中国电力市场需求更为乐观，预计2028年至2030年中国电力需求将增 长8%，为早前预测两倍。纵使该行早已认定人工智能数据中心、出口及电动化为结构性推动因素，但 预期有关因素影响明显超越原来预期。该行的有关调整反映对人工智能数据中心兴建、电力出口增长加 快及电动化加速的信心增强，有利明年起电力设备及电网资本开支。该行首选股为哈尔滨电气等。 智通财经APP获悉，哈尔滨电气(01133)涨超6%，年内股价已飙升逾5倍。截至发稿，涨6.23%，报14.32 港元，成交额2.14亿港元。 ...

Investment Rating - The report provides a positive investment outlook for the electricity and natural gas sectors, highlighting potential growth opportunities in renewable energy and natural gas consumption [4][8]. Core Insights - The green certificate market is experiencing a significant increase in both volume and price, with a 210% rise in average trading prices in Q3 compared to Q1. The total issuance of green power certificates reached 2.29 billion in September 2025, with 1.58 billion being tradable [7][8]. - Global natural gas prices are fluctuating, with the U.S. Henry Hub spot price reaching a six-month high of $3.57/mmBtu, while European prices are showing mixed trends [9][11]. - The report anticipates an increase in natural gas consumption in Q4 2025 due to low base effects and expected higher heating demand from a potential La Niña phenomenon [30][31]. Summary by Sections Electricity - The average trading price of green certificates increased by 210% in Q3 compared to Q1. The issuance of green certificates reached 2.29 billion in September 2025, with 1.58 billion being tradable, indicating a robust market growth [7][8]. - The report emphasizes the need for further development of the green certificate market and the introduction of regulations to enhance renewable energy consumption [4][7]. Natural Gas - As of October 31, 2025, the U.S. Henry Hub spot price was $3.57/mmBtu, marking an 11.16% increase week-on-week. In contrast, European gas prices showed a decline, with the TTF spot price at €30.35/MWh, down 5.42% [9][10]. - The report notes a decrease in China's apparent natural gas consumption in September 2025, but anticipates a rebound in Q4 2025 due to low base effects and increased heating demand [30][31]. - The LNG national ex-factory price in China rose to 4407 yuan/ton, reflecting a 3.11% increase week-on-week, driven by rising demand ahead of the heating season [28][30]. Investment Recommendations - The report recommends several companies based on their performance and market conditions: - Hydropower: Focus on Guotou Power, Chuan Investment Energy, and Yangtze Power due to favorable hydrological conditions [8]. - Green Power: Attention to New Energy, Funiu Co., Longyuan Power, and China Resources Power for their stable returns [8]. - Nuclear Power: Recommendations for China Nuclear Power and China General Nuclear Power due to ongoing approvals for new units [8]. - Thermal Power: Companies like Guodian Power and Huadian International are highlighted for improved profitability due to falling coal prices [8]. - Gas Power: Recommendations for Guangzhou Development and Shenzhen Energy based on expected stability in profitability [8].

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年10月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 哈爾濱電氣股份有限公司 呈交日期: 2025年11月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01133 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 675,571,000 | RMB | | 1 RMB | | | 675,571,000 | | 增加 / 減少 (-) | | | | | | RMB | | | | | 本月底結存 | | | 675,571,000 | RMB | | 1 RMB | | | 675,571,000 | | 1. 股份分類 | ...