Core Viewpoint - The company has approved the use of idle raised funds for cash management, allowing for a maximum of RMB 14.31 billion to be temporarily utilized for structured deposits with high safety and liquidity, with a maturity of no more than 12 months [1] Group 1: Cash Management Approval - The board of directors and supervisory board approved the cash management proposal on August 27, 2024, ensuring it does not affect the implementation of fundraising projects or the safety of the raised funds [1] - The cash management is limited to a maximum of RMB 14.31 billion, which can be rolled over within a 12-month period from the approval date [1] Group 2: Cash Management Execution - The company and its subsidiaries have cumulatively purchased structured deposits amounting to RMB 57.24 billion within the approved limit, with the highest single-day balance reaching RMB 14.31 billion [2] - A total of RMB 42.93 billion has been recovered from cash management products and returned to the special fundraising account [2] Group 3: Current Status of Cash Management - As of the announcement date, all structured deposits purchased with idle raised funds have been recovered and returned to the special fundraising account, with no outstanding products remaining [3] - The cash management activities have been fully completed by August 12, 2025, with all funds recovered [5]

Core Insights - The Yarlung Tsangpo River downstream hydropower project has a total investment of approximately 1.2 trillion yuan, officially commenced on July 19, 2025, with a construction period expected to exceed 10 years, involving multiple industry chain segments including engineering construction, civil explosives, building materials, equipment manufacturing, and power operation [1] Group 1: Investment Opportunities - The project is expected to benefit various sectors, particularly large-scale infrastructure, which is likely to drive economic growth [3] - Key beneficiaries in engineering construction include China Power Construction and China Energy Engineering, with related funds such as GF Zhongzheng Infrastructure Engineering Link C and Infrastructure 50 ETF [3] - In the building materials sector, significant demand for cement is anticipated, with an estimated 4,000 tons required for the project, benefiting companies like Tibet Tianlu and Huaxin Cement, along with related funds [4] Group 2: Power and Equipment Sector - In the power operation and transmission sector, companies like Datang Power, Guotou Power, and Yangtze Power are expected to see stable returns, with associated funds including Power ETF and GF Zhongzheng All-Index Power Utility Link C [5] - The electromechanical equipment and installation sector, represented by companies like Guodian NARI and Dongfang Electric, is also poised for growth, with relevant funds such as Guotai Hengsheng A-share Power Grid Equipment Link C and the largest Power Grid ETF [5] Group 3: Explosives and Construction Equipment - The civil explosives and blasting services sector, particularly companies like Gaozheng Civil Explosives, is expected to benefit from the project's initial phases [6] - For conservative investors, funds like招商丰盛稳定增长C, which holds shares in China Railway Heavy Industry and Dongfang Electric, are recommended, reflecting a shift towards a more bond-like mixed fund style [7] Group 4: Central Enterprises and Innovation - The establishment of the Yajiang Group under central enterprises may lead to the emergence of Yajiang concept stocks, with significant involvement from state-owned enterprises in the project [8] - The Central Enterprise Innovation-Driven ETF and related funds are highlighted as long-term positive investment opportunities, given their strong ties to state-owned enterprises [8] Group 5: Market Trends - The Yarlung Tsangpo project is expected to become a key market theme, amidst other emerging trends such as stablecoins and technology listings [9] - Investors are advised to remain flexible and responsive to market cycles, avoiding overcommitment to a single theme [10]

公司及募投项目实施子公司实施了上述现金管理事项，通过募集资金专项账 户开户银行招商银行股份有限公司南京分行南昌路支行及中信银行股份有限公 司南京分行城北支行、募集资金理财产品专用结算账户开户银行交通银行股份有 限公司南京江宁支行在额度有效期内滚动累计购买结构性存款57.24亿元，上述 结构性存款单日最高余额为14.31亿元，不存在超过审批额度购买结构性存款的 情形。上述现金管理产品已按期收回42.93亿元，归还至募集资金专户。具体内 容详见上海证券交易所网站（www.sse.com.cn）2024年8月29日、8月30日、9月4 日、12月6日，2025年3月14日、6月13日公告。 一、本次使用闲置募集资金进行现金管理到期收回情况 | 公 | 司 及 | 子 | 公 司 | 于 2025 | 年 | 8 月 | 12 日 | 到 | 期 收 | 回 | 募 集 | 资 | 金 | 现 金 | 管 | 理 | 产 品 | 合 | 计 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | - ...

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。 ...

金融界8月11日消息，上证指数上涨0.34%，中证国新央企现代能源指数 (央企现代能源，932037)下跌 0.53%，报1315.23点，成交额276.92亿元。 从中证国新央企现代能源指数持仓样本的行业来看，公用事业占比42.85%、工业占比24.19%、能源占 比16.91%、原材料占比15.17%、通信服务占比0.88%。 资料显示，指数样本每半年调整一次，样本调整实施时间分别为每年6月和12月的第二个星期五的下一 交易日。权重因子随样本定期调整而调整，调整时间与指数样本定期调整实施时间相同。在下一个定期 调整日前，权重因子一般固定不变。特殊情况下将对指数进行临时调整。当样本退市时，将其从指数样 本中剔除。样本公司发生收购、合并、分拆等情形的处理，参照计算与维护细则处理。 从指数持仓来看，中证国新央企现代能源指数十大权重分别为：长江电力（8.91%）、国电南瑞 （7.2%）、中国核电（6.13%）、三峡能源（5.02%）、中国铝业（4.85%）、中国电建（4.48%）、国 电电力（3.31%）、国投电力（2.92%）、中国石油（2.88%）、中国石化（2.86%）。 从中证国新央企现代能源指数持仓的市 ...

上市企业：国电南瑞（600406）、平高电气（600312）、东方电子（000682）、许继电气（000400）、 金冠股份（300510）、国网英大（600517）、双杰电气（300444） 相关企业：山东电工电气集团有限公司、巨邦集团有限公司、北京合锐赛尔电力科技股份有限公司、湖 北网安科技有限公司、北京昊创瑞通电气设备股份有限公司 关键词：智能配电设备市场政策、智能配电设备产业链、智能配电设备市场规模、智能配电设备竞争格 局、智能配电设备发展趋势 内容概要：配电网是能源生产、转换、消费的关键环节，更是可再生能源消纳的支撑平台、多元海量信 息数据平台、多方市场主体的交易平台，在以碳达峰碳中和国家战略性减碳目标为牵引的能源革命大背 景下，配电网正逐渐成为电力系统的核心，但传统电网在面对日益复杂的用电需求和新能源接入时，面 临诸多挑战，智能配电网建设是解决这些问题的有效途径，随着用户对电力供应质量和可靠性要求不断 提高，配电网智能化升级成为必然趋势，而智能配电设备作为实现配电网智能化的关键，近年来，市场 需求快速增长，市场规模也不断扩大，据统计，2024年我国智能配电设备行业市场规模达867.24亿元， 同比 ...

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， 知识产权方面有商标信息13条，专利信息5000条，此外企业还拥有行政许可181个。 国电南瑞所属概念板块包括：电网设备、江苏板块、中特估、标准普尔、富时罗素、MSCI中国、证金 持股、沪股通、上证180_、上证50_、融资融券、机构重仓、HS300_、IGBT概念、抽水蓄能、储能、 换电概念、虚拟电厂、数据中心、特高压、半导体概念、车联网(车路云)、国产芯片、PPP模式、一带 一路、量子科技、充电桩、央国企改革、太阳能、智能电网、核能核电、节能环保、新能源。 资金流方面，国电南瑞近5日主力资金流入9675.32万元，区间涨幅2.94%；近10日主力资金流出2.57亿 元，区间跌幅3.1%。 天眼查商业履历信息显示，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，实缴资本6900万人民币。公司 法定代表人为郑宗强。 8月11日，沪深两融数据显示，国电南瑞上周累计获融资净卖出额28868.89万元，居两市第6位，上周融 ...