每经AI快讯，9月3日，富时罗素宣布对多只指数的季度审核变更。该变更将于2025年9月19日收盘后 （即2025年9月22日星期一）生效。其中，最受市场关注的富时中国A50指数本次纳入百济神州-U、新 易盛、药明康德、中际旭创，同时剔除中国核电、中国联通、国电南瑞、万华化学。 （文章来源：每日经济新闻） ...

【导读】富时罗素宣布对富时中国A50等指数进行调整 中国基金报记者 莫琳 作为国际资金主要跟踪标的之一，富时中国A50指数迎来重磅调整。 另外，这次入选的新易盛，股价年初至今涨近350%，总市值达3674亿元；药明康德股价年初至今涨超 100%，总市值为3255亿元；百济神州-U股价同期涨超100%，总市值为2807亿元。 9月3日，富时罗素宣布富时中国50指数、富时中国A50指数、富时中国A150指数等的季度审核变更。该 变更将于2025年9月19日星期五收盘后（即2025年9月22日星期一）生效。 其中，近期关注度极高的创新药和CPO板块有多股入选富时中国A50指数，例如百济神州-U、新易盛、 药明康德、中际旭创；同时删除了中国核电、中国联通、国电南瑞、万华化学等传统红利股。 | MV | | | | --- | --- | --- | | 股票简称 | 本地代码 | 国际代码 | | 百济神州-U | 688235 | BNHPM91 | | 新易盛 | 300502 | BD761B9 | | 药明康德 | 603259 | BHWLWV4 | | 中际旭创 | 300308 | BFFJRM7 | ...

【导读】富时罗素宣布对富时中国A50等指数进行调整 作为国际资金主要跟踪标的之一，富时中国A50指数迎来重磅调整。 9月3日，富时罗素宣布富时中国50指数、富时中国A50指数、富时中国A150指数等的季度审核变更。该变更将于2025年9月19日星期五收盘后（即2025年9 月22日星期一）生效。 据了解，富时中国A50指数由上海和深圳证券交易所市场中总市值最大的50只股票组成，反映A股市场中最具影响力的前50大上市公司股票的表现。从历 次指数成份股变动情况来看，调整的逻辑主要是市值的变化。 以即将被纳入该指数的中际旭创为例，截至9月3日收盘，该公司股价报426.19元/股，年内累计涨幅高达246.45%，远超同期大盘涨幅；总市值达4735亿 元，超过东方财富，成为创业板市值第二大公司。 另外，这次入选的新易盛，股价年初至今涨近350%，总市值达3674亿元；药明康德股价年初至今涨超100%，总市值为3255亿元；百济神州-U股价同期涨 超100%，总市值为2807亿元。 其中，近期关注度极高的创新药和CPO板块有多股入选富时中国A50指数，例如百济神州-U、新易盛、药明康德、中际旭创；同时删除了中国核电、中国 ...

作为国际资金主要跟踪标的之一，富时中国A50指数迎来重磅调整。 9月3日，富时罗素宣布富时中国50指数、富时中国A50指数、富时中国A150指数等的季度审核变更。该变更将于2025年9月19日星期五收盘后（即2025年9 月22日星期一）生效。 其中，近期关注度极高的创新药和CPO板块有多股入选富时中国A50指数，例如百济神州-U、新易盛、药明康德、中际旭创；同时删除了中国核电、中国 联通、国电南瑞、万华化学等传统红利股。 | ਜੀਮ // | | | | --- | --- | --- | | 股票简称 | 本地代码 | 国际代码 | | 百济神州-U | 688235 | BNHPM91 | | 新易盛 | 300502 | BD761B9 | | 药明康德 | 603259 | BHWLWV4 | | 中际旭创 | 300308 | BFFJRM7 | 【导读】富时罗素宣布对富时中国A50等指数进行调整 以即将被纳入该指数的中际旭创为例，截至9月3日收盘，该公司股价报426.19元/股，年内累计涨幅高达246.45%，远超同期大盘涨幅；总市值达4735亿 元，超过东方财富，成为创业板市值第二大公司。 另 ...

作为国际资金主要跟踪标的之一，富时中国A50指数迎来重磅调整。 9月3日，富时罗素宣布 富时中国50指数、富时中国A50指数、富时中国A150指数 等的季度审核变更。该变更将于2025年9月19日星期五 收盘后（即2025年9月22日星期一）生效。 其中，近期关注度极高的创新药和CPO板块有多股入选富时中国A50指数，例如百济神州-U、新易盛、药明康德、中际旭创；同时删除了 中国核电、中国联通、国电南瑞、万华化学等传统红利股。 | 内入 | | | | --- | --- | --- | | 股票简称 | 本地代码 | 国际代码 | | 百济神州-U | 688235 | BNHPM91 | | 新易啓 | 300502 | BD761B9 | | 药明康德 | 603259 | BHWLWV4 | | 中际旭创 | 300308 | BFFJRM7 | | 删除 | | | | 役票简称 | 本地代码 | 国际代码 | | 中国核电 | 601985 | BYQDNJ0 | | 中国联通 | 600050 | BP3R2X9 | | 国电南瑞 | 600406 | BP3R444 | | 月华化学 | 60 ...

据了解，富时中国A50指数是海外投资者的重要参考，根据指数调整的历史经验来看，富时中国A50指 数调整往往能吸引大量海外被动资金。 另外，富时中国50指数名单未有变化，仅备选股名单变更为：中国宏桥(01378)、翰森制药(03692)、华 泰证券(06886)、京东健康(06618)、新华保险(01336)等港股。 智通财经APP获悉，9月3日，富时罗素宣布对富时中国50指数、富时中国A50指数等的季度审核变更。 该变更将于2025年9月19日星期五收盘后（即2025年9月22日星期一）生效。其中，富时中国A50指数纳 入百济神州-U(688235.SH)、新易盛(300502.SZ)、药明康德(603259.SH)、中际旭创(300308.SZ)等A股； 删除中国核电(601985.SH)、中国联通(600050.SH)、国电南瑞(600406.SH)、万华化学(600309.SH)等A 股。备选股名单为：民生银行(600016.SH)、洛阳钼业(603993.SH)、同花顺(300033.SZ)、上汽集团 (600104.SH)、赛力斯(601127.SH)。 ...

Group 1 - FTSE Russell announced changes to the FTSE China 50 Index and FTSE China A50 Index, effective after market close on September 19, 2025 [1] - The FTSE China A50 Index will include companies such as BeiGene Ltd (688235.SH), Xinyisheng (300502.SZ), WuXi AppTec (603259.SH), and Zhongji Xuchuang (300308.SZ) [1] - Companies removed from the FTSE China A50 Index include China National Nuclear Power (601985.SH), China Unicom (600050.SH), Guodian Nanjing Automation (600406.SH), and Wanhua Chemical (600309.SH) [1] Group 2 - The FTSE China A50 Index serves as an important reference for overseas investors, and historical adjustments to the index typically attract significant passive capital from abroad [1] - The FTSE China 50 Index remains unchanged, with only the list of candidate stocks updated to include China Hongqiao Group (01378), Hansoh Pharmaceutical (03692), Huatai Securities (06886), JD Health (06618), and New China Life Insurance (01336) [1]

Core Insights - The company achieved a revenue of 24.243 billion yuan in the first half of 2025, representing a year-on-year increase of 19.54% [1] - The net profit attributable to shareholders reached 2.952 billion yuan, up 8.82% year-on-year [1] - The company signed new contracts worth 35.432 billion yuan, a year-on-year growth of 23.46%, with over 50% of contracts coming from outside the State Grid [1] Financial Performance - In Q2 2025, the company reported a revenue of 15.348 billion yuan, reflecting a year-on-year increase of 22.50% [1] - The net profit attributable to shareholders for Q2 was 2.272 billion yuan, up 7.33% year-on-year [1] - The company’s R&D investment in the first half of 2025 was 1.549 billion yuan, a 2.8% increase year-on-year, enhancing its core competitiveness [1] Business Segments - The smart grid segment generated revenue of 12.225 billion yuan, with a year-on-year growth of 28.37% and a gross margin of 30.34% [2] - The energy low-carbon segment saw revenue of 6.541 billion yuan, up 29.49% year-on-year, with a gross margin of 21.59% [2] - New business revenue increased by 38.65% year-on-year, solidifying the company's leading position in the industry [2] International Expansion - The company’s revenue from non-grid businesses reached 11.141 billion yuan, a year-on-year increase of 24.72% [3] - Overseas revenue surged to 1.987 billion yuan, marking a 139.18% year-on-year growth, with significant projects in Saudi Arabia, South America, and other markets [3] - The company successfully entered the Brazilian market with smart electricity collection solutions and expanded its operations in Chile and Nicaragua [3] Investment Outlook - The company is expected to maintain steady growth in its main business and achieve breakthroughs in international markets [3] - Projected EPS for 2025-2027 are 1.09 yuan, 1.20 yuan, and 1.26 yuan, with corresponding PE ratios of approximately 20x, 18x, and 17x [3]

Core Insights - The company, Guodian NARI, is a leading enterprise in the energy and industrial control sectors in China, focusing on intelligent energy solutions and recognized as a "demonstration enterprise" by the State-owned Assets Supervision and Administration Commission [1] Financial Performance - In the first half of the year, the company achieved operating revenue of 24.243 billion yuan, representing a year-on-year growth of 19.54% - The net profit attributable to shareholders was 2.952 billion yuan, an increase of 8.82% year-on-year - The company plans to distribute a cash dividend of 1.47 yuan per 10 shares, totaling 1.175 billion yuan [1] Artificial Intelligence Initiatives - The company is actively developing its artificial intelligence capabilities, focusing on intelligent scheduling and operations maintenance - It aims to create a high-fidelity dynamic virtual model of the physical grid through data mining and intelligent inference, enhancing various operational aspects [2] - A dedicated team has been formed to advance AI applications in power system scheduling optimization, positioning the company as a leader in AI innovation within the energy sector [2] Semiconductor Developments - The company is concentrating on high-end power chips and low-loss module packaging technologies - Key breakthroughs include high-voltage components necessary for ultra-high voltage flexible direct current transmission, with ongoing support for ±800kV projects - In the medium and low voltage sectors, the company is optimizing chips to reduce conduction losses by over 20%, significantly improving power density for renewable energy applications [3] Future Development Strategy - The company is evolving its core technologies and business towards power electronics and AI-driven digitalization - It plans to establish three technological foundations and expand its business across various sectors, including advanced transmission, smart distribution, and energy intelligence - The goal is to create four major industrial clusters focused on intelligent grids, energy integration, low-carbon energy, and industrial interconnectivity, aiming for high-quality development [4] Company Focus - The current focus is on enhancing core competitiveness and integrating technological and industrial innovations to solidify the company's value for sustainable development [6]

电力设备及新能源行业 2025 年 9 月 2 日 投资要点： SAC 执业证书编号： S0340522050001 电话：0769-22119416 邮箱： liuxingwen@dgzq.com.cn 分析师：刘兴文 事件：公司发布了2025年半年度业绩报告。 点评： 本报告的风险等级为中风险。 本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 请务必阅读末页声明。 S0340523080001 电话：0769-22110925 邮箱： suzhibin@dgzq.com.cn | 主要数据 2025 年 9 | 月 | 1 | 日 | | --- | --- | --- | --- | | 收盘价(元) | 21.60 | | | | 总市值（亿元） | 1734.93 | | | | 总股本(亿股) | 80.32 | | | | 流通股本(亿股) | 79.96 | | | | ROE（TTM） | 16.11% | | | | 12月最高价(元) | 29.72 | | | | 12月最低价(元) | 20.91 | | | 买入（维持） 新签合同保 ...