格隆汇12月3日｜延续昨日涨势，福建股今日再度集体活跃，其中，海欣食品6连板、太阳电缆、安记食品2连板、闽东电力涨停，实达集团（维权）逼近涨 停，嘉戎技术涨7%，九牧王、厦工股份涨超6%，中闽能源、永福股份、瑞达期货涨超5%。 消息面上，昨日上午，福建省政府新闻办召开福建省贯彻落实《中共中央、国务院关于支持福建探索海峡两岸融合发展新路 建设两岸融合发展示范区的意 见》系列新闻发布会(第七场)。省台办二级巡视员徐晓菲发布了第五批政策措施，共有三个方面12条。具体来看： 一、支持台企台商发展。加大台资企业用地用海保障、鼓励闽台(南靖)精密机械产业园台资企业项目建设、对台资水产养殖企业实施保费优惠、支持台企台 商共同发展莆田工艺美术产业、助力台农台企发展； 福建:支持台胞开设沙县小吃门店 三、推进对台商贸文旅交流合作。支持台胞开设沙县小吃门店、鼓励台湾同胞参与南平民宿改造升级、提供厦金"小三通"客运航线旅客往来"退票险"服务、 支持台湾艺人来榕文艺演出等。 | | | | | 福建省板块个股 | | | | --- | --- | --- | --- | --- | --- | --- | | 序号 代码 | | ...

（文章来源：每日经济新闻） 每经AI快讯，12月3日，电力板块多股拉升，惠天热电、中闽能源、闽东电力涨停，恒盛能源、深南电 A、京能电力跟涨。 ...

福建板块反复活跃，中闽能源、闽东电力双双涨停，此前太阳电缆涨停走出2连板，海通发展、闽发铝 业、漳州发展、厦门港务、中国武夷跟涨。 ...

| 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 年线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 300638 | 广和通 | 20.01 | 27.35 | 27.19 | 32.38 | 19.10 | | 300576 | 容大感 光 | 17.86 | 28.88 | 37.21 | 40.99 | 10.16 | | 002519 | 银河电 子 | 9.92 | 10.51 | 5.20 | 5.65 | 8.67 | | 000727 | 冠捷科 技 | 9.89 | 8.94 | 2.67 | 2.89 | 8.24 | | 920943 | 优机股 份 | 11.98 | 8.51 | 22.51 | 24.11 | 7.13 | | 920701 | 豪声电 子 | 29.97 | 15.75 | 21.14 | 22.64 | 7.10 | | 920821 | 则成电 子 | 12.42 | 11.58 | 28.12 ...

丨证券研究报告丨 SAC：S0490517080003 SAC：S0490520120001 SAC：S0490520110001 SAC：S0490523080003 SFC：BQT627 张韦华 司旗 宋尚骞 刘亚辉 张子淳 行业研究丨行业周报丨公用事业 [Table_Title] 输配电定价办法修订，着力促进新能源消纳 报告要点 [Table_Summary] 近日，国家发展改革委修订了输配电成本监审和定价办法，办法明确"电网企业服务于新能源 就近消纳等新型主体时，可实行单一容量制电价，并加强全流程监管"，明确就近消纳项目中电 网、发电企业以及用户的责任分担，公平疏导公共电网提供稳定供应保障服务的成本，完善新 能源多元化的消纳路径；此外，办法提出，"针对以输送清洁能源或联网功能为主的跨省跨区工 程，探索两部制或单一容量制输电价格，并配套探索输电权交易"，适应我国当前新能源建设以 西部为主的特征，打通制度框架，降低新能源交易成本，促进新能源跨省跨区消纳利用。 分析师及联系人 [Table_Author] 请阅读最后评级说明和重要声明 %% %% %% %% research.95579.com 1 公用事 ...

证券研究报告 | 行业周报 gszqdatemark 2025 11 30 年 月 日 电力 输配电新规利好新能源消纳，各省 2026 电力交易方案陆续出台 本周行情回顾：本周（11.24-11.28）上证指数报收 3,888.6 点，上升 1.4%， 沪深 300 指数报收 4526.66 点，上升 1.64%。中信电力及公用事业指数 报收 3114 点，上升 0.88%，跑输沪深 300 指数 0.76pct，位列 30 个中信 一级板块涨跌幅榜第 24。个股方面，电力及公用事业板块上市公司超半数 上涨。 本周行业观点： ➢ 国家发改委出台输配电价新规，推动绿电发展。国家发展改革委于 11 月 27 日正式颁布修订后的区域电网、省级电网、跨省跨区专项工程 定价办法及输配电定价成本监审办法，围绕适应新型电力系统建设的 新形势、新变化、新要求，聚焦省内消纳与跨省跨区输送两个维度， 有助于促进新能源消纳利用、电力安全保供以及电网企业降本增效。 新规明确新能源就近消纳实行单一容量制电价，新能源就近消纳过 网成本降低。政策明确对新能源就近消纳等新业态，实行单一容量制 电价，主要按接网容量缴费，降低电量侧交易成本。此 ...

Investment Rating - The report maintains an "Outperform" rating for the public utility and environmental protection sectors [5][7]. Core Views - The report highlights that coal and electricity prices are declining simultaneously, which is expected to maintain reasonable profitability for thermal power companies. Recommendations include major thermal power enterprises such as Huadian International and Shanghai Electric, which has relatively stable regional electricity prices [22]. - Continuous government policies supporting renewable energy development are anticipated to lead to gradually stable profitability in renewable energy generation. Recommended companies include leading national renewable energy firms Longyuan Power and Three Gorges Energy, as well as regional offshore wind power companies [22]. - The report suggests that the growth in installed capacity and electricity generation will offset the downward pressure on electricity prices, with nuclear power companies expected to maintain stable profitability. Recommended companies include China National Nuclear Power and China General Nuclear Power [22]. - The report emphasizes the defensive attributes of hydropower stocks in a global interest rate decline environment, recommending Longjiang Power, which combines stability and growth [22]. - The report identifies investment opportunities in the environmental sector, particularly in water and waste incineration industries, which are entering a mature phase with improved free cash flow [23]. Summary by Sections Market Review - The Shanghai Composite Index fell by 3.77%, with the public utility index down 4.33% and the environmental index down 6.02%. The relative performance of public utilities and environmental sectors ranked 10th and 23rd among 31 first-level industry classifications [15][25]. Important Events - The Ministry of Finance has allocated the first batch of ecological and environmental protection funds for 2026, totaling 40 billion yuan for integrated protection and restoration projects, 153 billion yuan for ecological restoration of abandoned mines, and 136 billion yuan for marine ecological protection projects [16]. Investment Strategy - The report recommends various companies across different sectors, including: - Thermal Power: Huadian International and Shanghai Electric - Renewable Energy: Longyuan Power, Three Gorges Energy, and regional offshore wind companies - Nuclear Power: China National Nuclear Power and China General Nuclear Power - Hydropower: Longjiang Power - Environmental: Guangda Environment and Zhongshan Public Utilities, focusing on mature sectors with improved cash flow [3][22][23]. Key Company Earnings Forecasts - The report provides earnings forecasts and investment ratings for several companies, all rated as "Outperform," including Huadian International, Longyuan Power, and Guangda Environment, among others [7][8].

证券代码：600163 证券简称：中闽能源 公告编号：2025－041 中闽能源股份有限公司 关于控股股东资产注入有关进展情况的公告 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。 近期，中闽能源股份有限公司（以下简称"公司"或"上市公司"）关注到 在"上证 e 互动"、业绩说明会等平台，投资者频繁询问公司控股股东福建省投 资开发集团有限责任公司（以下简称"福建投资集团"）关于避免同业竞争承诺 中有关资产注入的进展情况。公司为回应投资者关切，经对相关事项进行核实， 现将有关情况公告如下： 一、福建投资集团关于避免同业竞争的承诺 公司于 2019 年申请重大资产重组即向福建投资集团发行股份和可转换公司 债券购买福建中闽海上风电有限公司 100%股权并募集配套资金时，公司控股股 东福建投资集团出具了关于避免同业竞争的承诺，其中有关资产注入的承诺为： "本公司承诺，本次重大资产重组完成后，在闽投海电、闽投电力、闽投抽水蓄 能、宁德闽投、霞浦闽东中的任意一家实体稳定投产、于一个完整会计年度内实 现盈利、不存在合规性问题并符合上市条件后 ...

证券代码：600163 证券简称：中闽能源 公告编号：2025－041 中闽能源股份有限公司 关于控股股东资产注入有关进展情况的公告 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。 近期，中闽能源股份有限公司（以下简称"公司"或"上市公司"）关注到 在"上证 e 互动"、业绩说明会等平台，投资者频繁询问公司控股股东福建省投 资开发集团有限责任公司（以下简称"福建投资集团"）关于避免同业竞争承诺 中有关资产注入的进展情况。公司为回应投资者关切，经对相关事项进行核实， 现将有关情况公告如下： 二、控股股东资产注入的进展情况 1、闽投海电：截至目前，闽投海电投建的莆田平海湾海上风电场三期项目 （以下简称"海电三期项目"）的补贴合规性尚未获得最终核查确认，暂不符合 协商启动注入上市公司的条件。公司控股股东福建投资集团作出补充说明：待海 电三期项目的可再生能源发电补贴自查核查结果确认后三个月内，将与公司充分 协商，启动闽投海电即海电三期项目资产注入程序。具体情况详见公司于 2023 年 12 月 16 日披露的《中闽能源关于控股股东资产 ...

Investment Rating - The report maintains a "Positive" investment rating for the utility sector [8] Core Insights - Guangdong has proposed a mechanism for sharing excess profits among electricity sales companies, which is expected to rationalize pricing behavior and reduce speculative pricing in the market [2][11] - The new policies aim to guide electricity sales companies to shift from a speculative pricing model to a service-oriented model, thereby stabilizing electricity prices and ensuring reasonable returns [11] - The report highlights that the profitability of independent electricity sales companies in Guangdong has increased, leading to a significant rise in the number of companies participating in the electricity market [11] Summary by Sections Electricity Sales Companies - Guangdong's new policy will share excess profits from electricity sales companies with retail users, compressing the arbitrage space and promoting rational pricing [2][11] - The shift in business model from arbitrage to providing value-added services is expected to stabilize market pricing and reduce irrational competition [11] Market Trends - The report notes that the average profit per kilowatt-hour for independent electricity sales companies in Guangdong reached 3.22 cents in the first half of 2025, an increase from 3.1 cents in 2024 [11] - The number of electricity sales companies in Guangdong rose from 257 in 2024 to 350 in 2025, a 36% increase, indicating strong market interest [11] Investment Recommendations - The report recommends focusing on quality coal-fired power operators such as Huaneng International, Datang Power, and Guodian Power, as well as hydropower companies like Yangtze Power and State Power Investment [11] - It also suggests investing in renewable energy companies like Longyuan Power and China Nuclear Power, which are expected to benefit from favorable policy changes [11]