Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing up to RMB 14.31 billion to be temporarily invested in structured deposits with a maturity of no more than 12 months, ensuring the safety and liquidity of the funds [1][2]. Summary by Sections Cash Management Approval - The board of directors and supervisory board of the company approved the cash management proposal on August 27, 2024, allowing the use of idle raised funds for cash management without affecting project implementation or fund safety [1]. Fund Utilization and Returns - The company and its subsidiaries have cumulatively purchased structured deposits amounting to RMB 57.24 billion within the approved limit, with a maximum daily balance of RMB 14.31 billion [2]. - A total of RMB 42.93 billion has been recovered from cash management products and returned to the special account for raised funds [2]. Cash Management Product Details - The structured deposits include various products with different terms and expected annualized returns, such as: - A product from CITIC Bank with a principal of RMB 15.3 million and an expected return of 1.68% [3]. - A product from China Merchants Bank with a principal of RMB 45.3 million and an expected return of 1.95% [3]. - The company has successfully recovered all structured deposits purchased through the special accounts, with no outstanding products as of the announcement date [4]. Financial Metrics - The highest single-day investment in cash management over the past 12 months was RMB 143.1 million, representing 2.91% of the net assets for the last year [4]. - The cumulative return from cash management in the last 12 months was 0.39% of the net profit for the last year [4].

证券代码：600406 证券简称：国电南瑞 公告编号：临 2025-044 国电南瑞科技股份有限公司 关于使用部分闲置募集资金进行现金管理到期收回的公告 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个别及连带责任。 国电南瑞科技股份有限公司（以下简称"国电南瑞"、"公司"）于2024 年8月27日召开第八届董事会第二十五次会议、第八届监事会第十八次会议审议 通过了《关于使用部分闲置募集资金进行现金管理的议案》，同意公司在不影响 公司募投项目建设实施、募集资金使用计划和保证募集资金安全的情况下，将使 用额度不超过人民币14.31亿元（含14.31亿元）的暂时闲置募集资金进行现金管 理（即购买安全性高、满足保本要求、流动性好、产品期限不超过12个月的金融 机构结构性存款），额度的有效期为自董事会审议通过之日起不超过12个月且在 该额度内可滚动使用。 注：上述收回本金及收益已归入募集资金账户。 二、截至本公告日，公司使用闲置募集资金进行现金管理未到期产品的情 况 截至本公告日，公司已将通过募集资金专项账户开户银行、募集资金理财产 品专用结算 ...

来源：金融界 2025年8月13日，上海清算所网站披露公告，为保证国家电网有限公司2024年度第二十一期短期融资券 （债券简称：24电网CP021；债券代码：042480489）兑付工作的顺利进行，现将有关事宜公告。本期 债券发行总额为人民币100亿元，起息日为2024年9月24日，发行期限330天，债项余额为人民币100亿 元，本计息期债券利率1.96%，付息兑付日为2025年8月20日（如遇法定节假日或休息日则顺延至其后 的第一个工作日），本期应偿付本息金额为人民币10,177,205,479.45元。托管在银行间市场清算所股份 有限公司的债券,其兑付资金由该公司划付至债券持有人指定的银行账户。 ...

Group 1: Market Growth and Economic Resilience - The number of registered market entities in China has surpassed 160 million, increasing from 55 million in 2012 to 161 million by mid-2022, showcasing the robust and resilient nature of the Chinese economy [1] - China's GDP exceeded 100 trillion yuan, with per capita GDP rising above $10,000, indicating significant economic growth over the past decade [1][3] - The contribution of China's economy to global growth has remained around 30% in recent years, solidifying its position as a major engine of global economic growth [2][3] Group 2: Innovation and Technological Advancement - Central enterprises have invested a total of 6.2 trillion yuan in R&D over the past decade, with an average annual growth rate exceeding 10%, leading to breakthroughs in key technologies [6] - The value added by high-tech manufacturing industries increased by 9.6% year-on-year in the first half of 2022, with high-tech industry investment growing by 20.2% [6] - The number of high-tech enterprises has grown from 49,000 a decade ago to 330,000 in 2021, reflecting a significant increase in innovation capacity [7] Group 3: Energy Sector Developments - By the end of 2021, the operational and under-construction pumped storage power stations in the State Grid's operating area reached 26.31 million kilowatts and 46.43 million kilowatts, respectively [2] - The installed capacity of renewable energy in the State Grid's operating area reached 540 million kilowatts, with a utilization rate of 97.4%, making it the largest grid in the world for renewable energy [2] Group 4: Open Market and Trade Expansion - The number of free trade agreements signed by China has increased from 10 to 19, with trade with free trade partners now accounting for 35% of total trade [10] - In the first half of 2022, the 21 free trade pilot zones attracted 119.85 billion yuan in foreign investment, a year-on-year increase of 16.8% [10] - The establishment of free trade zones has created a new high-level open development pattern, enhancing China's role in global trade [10]

金融界2025年8月12日消息，国家知识产权局信息显示，国电南瑞科技股份有限公司、国网电力科学研 究院有限公司取得一项名为"一种分布式电源结算出清的方法及系统"的专利，授权公告号 CN113935808B，申请日期为2021年10月。 国网电力科学研究院有限公司，成立于2001年，位于南京市，是一家以从事仪器仪表制造业为主的企 业。企业注册资本608500万人民币。通过天眼查大数据分析，国网电力科学研究院有限公司共对外投资 了15家企业，参与招投标项目672次，财产线索方面有商标信息12条，专利信息3227条，此外企业还拥 有行政许可23个。 天眼查资料显示，国电南瑞科技股份有限公司，成立于2001年，位于南京市，是一家以从事软件和信息 技术服务业为主的企业。企业注册资本803208.8259万人民币。通过天眼查大数据分析，国电南瑞科技 股份有限公司共对外投资了42家企业，参与招投标项目5000次，财产线索方面有商标信息13条，专利信 息5000条，此外企业还拥有行政许可181个。 ...

Core Viewpoint - The China Securities Index for Modern Energy, tailored by Guoxin Investment Co., reflects the performance of 50 listed companies in the modern energy sector, including green and fossil energy, with a slight decline in recent trading sessions [1][2]. Group 1: Index Performance - The Shanghai Composite Index rose by 0.34%, while the China Securities Index for Modern Energy fell by 0.53%, closing at 1315.23 points with a trading volume of 27.692 billion [1]. - Over the past month, the China Securities Index for Modern Energy has increased by 1.65%, and by 4.96% over the last three months, but has decreased by 1.19% year-to-date [1]. Group 2: Index Composition - The top ten holdings of the China Securities Index for Modern Energy include: - Changjiang Electric Power (8.91%) - Guodian NARI Technology (7.2%) - China National Nuclear Power (6.13%) - Three Gorges Energy (5.02%) - Aluminum Corporation of China (4.85%) - China Power Construction (4.48%) - Guodian Power (3.31%) - State Power Investment Corporation (2.92%) - China Petroleum (2.88%) - China Petrochemical (2.86%) [1]. - The index is primarily composed of companies listed on the Shanghai Stock Exchange (81.25%) and the Shenzhen Stock Exchange (18.75%) [1]. Group 3: Industry Breakdown - The industry composition of the index shows that utilities account for 42.85%, industrials for 24.19%, energy for 16.91%, materials for 15.17%, and communication services for 0.88% [2]. - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December [2].

Core Viewpoint - The distribution network is becoming the core of the power system, driven by the national strategy for carbon peak and carbon neutrality, with a significant increase in demand for smart distribution equipment, projected to reach a market size of 86.724 billion yuan in 2024, a year-on-year growth of 24.28% [1][12]. Overview - The distribution network plays a crucial role in receiving and redistributing electricity to various sectors, impacting power supply reliability and quality, and is a vital public infrastructure for economic and social development [2][3]. Market Policy - The development of smart distribution equipment is supported by various national policies aimed at enhancing the safety and efficiency of the power system, including guidelines for rural power grid upgrades and promoting intelligent manufacturing [5][7]. Industry Chain - The upstream of the smart distribution equipment industry includes suppliers of electrical components, metal parts, and electronic components, while the downstream focuses on the power market, particularly in upgrading distribution networks and supporting new energy integration [8]. Current Development - The smart distribution equipment market is rapidly growing due to increasing user demands for power supply quality and reliability, with a projected market size of 86.724 billion yuan in 2024, reflecting a 24.28% increase year-on-year [12][1]. Competitive Landscape - The industry is categorized into three types of participants: large enterprises with significant capital and diversified operations, medium-sized enterprises with focused business areas, and small enterprises with limited market competitiveness [14][16]. Representative Companies - XJ Electric Co., Ltd. is a leading player in the power equipment industry, focusing on high-end technology and products across various sectors, with projected revenues of 17.09 billion yuan in 2024 [16]. - Pinggao Group Co., Ltd. specializes in high and ultra-high voltage equipment, with expected revenues of 12.4 billion yuan in 2024, primarily from its high voltage segment [18]. Development Trends - The trend towards smart distribution network upgrades is expected to accelerate, driven by increased investment in smart grid construction and user demands for improved power supply quality, with a focus on energy efficiency and environmental sustainability [20].

Core Viewpoint - Guodian NARI Technology Co., Ltd. has experienced significant financing activity, with a net financing outflow of 288.69 million yuan last week, ranking sixth in the market, indicating potential investor concerns or profit-taking behavior [1] Financing Activity - Last week, Guodian NARI had a financing buy amount of 290 million yuan and a repayment amount of 578 million yuan [1] - Over the past five days, the main capital inflow was 96.75 million yuan, with a price increase of 2.94% [1] - In the last ten days, the main capital outflow was 257 million yuan, with a price decrease of 3.1% [1] Company Overview - Guodian NARI Technology Co., Ltd. was established in 2001 and is located in Nanjing, primarily engaged in software and information technology services [2] - The company has a registered capital of 803.21 million yuan and a paid-in capital of 69 million yuan [1] - The legal representative of the company is Zheng Zongqiang [1] Investment and Intellectual Property - The company has made investments in 42 enterprises and participated in 5,000 bidding projects [2] - Guodian NARI holds 13 trademark registrations and 5,000 patent registrations, along with 181 administrative licenses [2]

融券方面，当日融券卖出1.43万股，净卖出1.08万股。 最近三个交易日，6日-8日，国电南瑞分别获融资买入0.42亿元、0.51亿元、0.34亿元。 8月8日，沪深两融数据显示，国电南瑞获融资买入额0.34亿元，居两市第535位，当日融资偿还额1.25亿 元，净卖出9119.22万元。 ...

Group 1 - The stock price of Guodian NARI closed at 22.08 yuan on August 8, 2025, with a slight decrease of 0.02 yuan, representing a drop of 0.09% compared to the previous trading day [1] - The trading volume on that day was 334,051 hands, with a total transaction value of 737 million yuan [1] - Guodian NARI operates in the power grid equipment industry, covering areas such as power automation, renewable energy, and energy conservation and environmental protection, making it a core enterprise in the domestic power system automation and information technology sector [1] Group 2 - On August 8, the net inflow of main funds was 29.603 million yuan, with a cumulative net inflow of 96.7532 million yuan over the past five trading days [1]