Group 1 - The 2025 Solar Thermal and New Energy Storage High-Quality Development Exchange Conference was held in Hami City, focusing on breakthroughs in solar thermal and new energy storage technologies and industry collaboration [2][3] - China Energy Construction Investment Group has successfully commercialized the first national solar thermal demonstration project in Xinjiang, a 50 MW molten salt tower solar thermal power plant, and is accelerating the construction of the world's largest solar thermal storage project, the Hami Solar Thermal Storage Project with a capacity of 1500 MW [3][5] - The conference aims to support the achievement of China's "dual carbon" goals and accelerate green and sustainable development, with China Energy Construction Investment Group playing a key role in the development of new energy and new energy storage industries [3][6] Group 2 - The Hami Solar Thermal Storage Project has completed the foundation pouring for its steam turbine, which will increase the solar thermal power generation capacity from 50 MW to 150 MW, marking a significant advancement in new generation solar thermal technology [5] - The project has achieved a domestic equipment localization rate of over 99%, enhancing the system's value by providing large capacity and long-duration energy storage capabilities [5][6] - The integration of photovoltaic and solar thermal power generation systems in the Hami project aims to provide stable and adjustable green electricity, addressing the intermittency and volatility of traditional photovoltaic power generation [5][6] Group 3 - The current installed capacity of solar thermal power generation in China is only 0.025%, indicating vast development opportunities and potential in the industry [6] - The Hami Solar Thermal Technology Research Center was officially established during the conference, focusing on core technology breakthroughs in 300,000 kW solar thermal system integration [6] - China Energy Construction Investment Group is leading the drafting of the first safety production standardization implementation specification in the solar thermal power sector, which will promote the scale and industrial development of solar thermal power [6]

Group 1 - The core point of the article is that China Energy Engineering Corporation (China Energy, stock code: 601868) has achieved a transaction volume of 10 billion yuan, with a current increase of 3.10% in its stock price [1]

Group 1 - The main capital inflow is observed in the non-ferrous metals, non-bank financials, and securities sectors, with a net inflow exceeding 6 billion yuan in the non-ferrous metals sector [1] - Baotou Steel shares hit the daily limit, with a net capital inflow of 1.512 billion yuan, leading the market [1] - Major net outflows were noted in the machinery, construction, and basic chemicals sectors, with China Power Construction facing a net sell-off exceeding 2.6 billion yuan [1] Group 2 - Northern Rare Earth, Dongfang Wealth, and Tianqi Lithium also saw significant net capital inflows [1] - High Energy Mining, China Energy Construction, and China Railway Construction experienced the largest net capital outflows [1]

7月23日恒生指数上涨1.62%，报收25538.07点，全天南向资金通过港股通渠道合计净卖出13.20亿港 元。 证券时报·数据宝统计，7月23日港股通全天合计成交金额为1816.67亿港元，成交净卖出13.20亿港元。 具体来看，沪市港股通成交金额1191.16亿港元，成交净卖出9.28亿港元；深市港股通成交金额625.51亿 港元，成交净卖出3.92亿港元。 成交活跃股方面，沪市港股通前十大成交活跃股中，腾讯控股成交额为63.44亿港元，成交金额居首； 其次是国泰君安国际、阿里巴巴-W，成交金额分别为52.45亿港元、44.41亿港元。以净买卖金额统计， 中国人寿净买入额为6.65亿港元，净买入金额居首，该股收盘股价上涨3.34%。净卖出金额最多的是美 团-W，净卖出8.26亿港元，收盘股价上涨3.26%。 深市港股通前十大成交活跃股中，成交额居首的是腾讯控股，成交金额41.19亿港元；其次是阿里巴巴- W、美团-W，成交金额分别为28.20亿港元、21.29亿港元。以净买卖金额统计，有6只股为净买入，净 买入金额最多的是阿里巴巴-W，净买入6.18亿港元，该股收盘上涨2.46%。净卖出金额最多的是腾讯 ...

Group 1 - On July 23, 2025, Tencent Holdings (00700), Guotai Junan International (01788), and Alibaba-W (09988) were the top three companies by trading volume in the Southbound Stock Connect, with transaction amounts of 6.344 billion, 5.245 billion, and 4.441 billion respectively [1] - In the Southbound Stock Connect for the Shenzhen-Hong Kong Stock Connect, Tencent Holdings (00700), Alibaba-W (09988), and Meituan-W (03690) also ranked as the top three, with transaction amounts of 4.119 billion, 2.820 billion, and 2.129 billion respectively [1] Group 2 - In the Southbound Stock Connect (Shanghai-Hong Kong), the top active trading companies included Tencent Holdings (00700) with a net buy amount of -0.177 billion, Guotai Junan International (01788) with +0.104 billion, and Alibaba-W (09988) with -0.416 billion [2] - In the Southbound Stock Connect (Shenzhen-Hong Kong), the top active trading companies included Tencent Holdings (00700) with a net buy amount of -0.952 billion, Alibaba-W (09988) with +0.618 billion, and Meituan-W (03690) with -0.195 billion [2]

Core Viewpoint - China Energy Construction Co., Ltd. experienced a significant stock price fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days in July 2025, which is classified as an abnormal trading situation according to Shanghai Stock Exchange regulations [1][2]. Group 1: Stock Trading Abnormality - The company's A-share stock recorded a cumulative closing price increase of over 20% on July 18, 21, and 22, 2025, indicating abnormal trading activity [1]. - The company conducted a self-examination and confirmed that there are no undisclosed significant information affecting the stock price [2]. Group 2: Operational and Major Events Verification - The company reported that its production and operations are normal, with no significant changes in market conditions or industry policies [2]. - There are no undisclosed major events related to asset restructuring, share issuance, acquisitions, or other significant corporate actions as verified with the controlling shareholder [2]. - The company did not identify any media reports or market rumors that require clarification or response [2]. Group 3: Board of Directors Statement - The Board of Directors confirmed that there are no undisclosed matters that should be reported according to the Shanghai Stock Exchange listing rules, and previous disclosures do not require correction or supplementation [2].

| A | | --- | | 股代码：601868 股代码:03996 | | A H | | 股简称：中国能建 公告编号：临 2025-044 股简称:中国能源建设 | | H | 公司 A 股股票于 2025 年 7 月 18 日、7 月 21 日、7 月 22 日 连续三个交易日内收盘价格涨幅偏离值累计超过 20%，根据《上 海证券交易所交易规则》的有关规定，属于股票交易异常波动情 况。 二、公司关注并核实的相关情况 1 中国能源建设股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记 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 完整性承担法律责任。 重要内容提示： 中国能源建设股份有限公司（以下简称"公司"）A 股股 票于 2025 年 7 月 18 日、7 月 21 日、7 月 22 日连续三个交易日 内收盘价格涨幅偏离值累计超过 20%，根据《上海证券交易所交 易规则》的有关规定，属于股票交易异常波动情况。 经公司自查并向控股股东核实，截至本公告披露日，不存 在应披露而未披露的重大信息。 公司敬请广大投资者注意二级市场交易风险，理性决策， 审慎投 ...

Market Overview - On July 22, the Shanghai Composite Index rose by 0.62% to 3581 points, the Shenzhen Component Index increased by 0.84%, and the ChiNext Index gained 0.61% with over 2500 stocks rising in the market [1] - The hydropower concept stocks continued to surge, with companies like China National Building Material and China Railway Heavy Industry hitting the daily limit [1] Key Stocks - **Shangwei New Materials**: Achieved a 20% increase, marking its 10th consecutive limit-up, setting a record for A-shares [3][12] - **Liu Steel**: Experienced a 9.94% rise, marking its 6th consecutive limit-up [2] - **Beihua Co.**: Increased by 10.02%, supported by military and central enterprise backing [2] - **Yahua Group**: Rose by 9.99%, with significant trading volume and institutional selling pressure [8][11] Institutional Activity - The top net buying stocks included Fangda Special Steel with a net purchase of 1.63 billion yuan and Sai Li Medical with 8249.85 million yuan [20][21] - Conversely, the top net selling stocks were Hengbao Co. with a net sell of 2.99 billion yuan and Guoji Heavy Industry with 2.70 billion yuan [5][21] Sector Performance - The infrastructure sector, particularly steel and cement stocks, showed strong performance with multiple stocks hitting their daily limits [3] - The AI sector, represented by stocks like Zhiyuan AI, faced declines, contrasting with the gains in traditional sectors [1] Trading Dynamics - The trading volume for Shangwei New Materials reached 14 billion yuan with a turnover rate of 7.56% [12] - Yahua Group's trading volume was 27.25 billion yuan, with a turnover rate of 17.93% [8][9] Company Developments - **Yahua Group**: Noted for its leading position in the civil explosives industry and significant production capacity in lithium salt products, achieving a 63.40% year-on-year increase in sales [11] - **Shangwei New Materials**: Transitioning to new ownership under the core team of Zhiyuan Robotics, which is expected to enhance its market position [15]

中国能建（601868）今日涨停，成交额8.01亿元，换手率0.88%，盘后龙虎榜数据显示，沪股通专用席 位卖出5079.35万元，有2家机构专用席位净卖出4711.48万元。 ...

Group 1: Project Overview - The Yarlung Tsangpo River downstream hydropower project has officially commenced, with a total investment of approximately 1.2 trillion yuan, aiming to construct five cascade power stations [1] - The project is expected to generate an annual electricity output of about 300 billion kilowatt-hours, which is three times that of the Three Gorges Project [2] Group 2: Industry Impact - The project is anticipated to significantly boost demand for engineering machinery due to its large scale and the challenging geographical conditions, benefiting leading companies in the industry [2] - Major suppliers of hydropower equipment in China include Dongfang Electric, Shanghai Electric, and Harbin Electric, with Dongfang Electric achieving a 100% localization rate for 1 million kilowatt generator sets [2] - Central state-owned enterprises involved in hydropower engineering design and construction, such as China Power Construction Corporation and China Energy Engineering Corporation, are expected to be the first beneficiaries of the project [2] Group 3: Related Sectors - The high-altitude and complex geological conditions of the project will drive the demand for high-performance engineering machinery, favoring industry leaders [2][3] - The cement sector is likely to experience a new wave of growth due to the project, with companies like Tibet Tianlu and Huaxin Cement dominating the local market [3] - The commencement of the project is expected to significantly increase the demand for explosives in Tibet, benefiting companies with production capacity and business layout in the region, such as Gaozheng Minbao and Yipuli [3]