美银证券就相关荐股而言，首选铝业股(作为投资AI供电的替代标的，预测市盈率介乎8至10倍)，并对 黄金、铜、锂(包括电池材料)及钴业股持"买入"看法;中性看待煤炭;对太阳能及建筑材料(如钢铁)则看 淡，主要因为需求疲软，反内卷政策短期执行力弱及钢铁利润率下降。 美银证券发布研报称，2026年是"赤马年"，对中国基本金属市场而言，今年对电气化及AI电力基础设施 有利，主要因以下关键因素：美元疲弱及美国降息周期利好金属;铜和铝供应持续紧张;今年需求驱动因 素包括电网投资(同比增长10%)、电气化(电动车电池增长27%)、储能系统(增长41%)及AI电力需求;反内 卷政策更趋平衡，但近期执行力偏弱。 该行首选个股有中国铝业（601600）(02600)、紫金矿业（601899）(02899)、中国宏桥(01378)、山东黄 金（600547）(01787)及赣锋锂业（002460）(01772)。美银证券称，关键跑输大市的股份有通威股份 （600438）(600438.SH)、信义光能(00968)、鞍钢股份（000898）(00347)及华润建材科技(01313)。 ...

Group 1 - The core viewpoint of the article is that 2026 is identified as the "Year of the Red Horse," which is favorable for the Chinese base metals market due to several key factors, including a weak US dollar and a US interest rate cut cycle benefiting metals [1] - Key demand drivers for this year include a 10% year-on-year increase in grid investment, a 27% growth in electric vehicle battery demand, a 41% increase in energy storage systems, and rising AI power demand [1] - Supply constraints for copper and aluminum are expected to continue, contributing to the overall market dynamics [1] Group 2 - The preferred investment stocks include aluminum companies, with a forecasted price-to-earnings ratio between 8 to 10 times, and a "buy" outlook on gold, copper, lithium (including battery materials), and cobalt stocks [1] - The company holds a neutral view on coal and a bearish outlook on solar energy and construction materials (such as steel) due to weak demand and declining steel profit margins [1] - Key stocks that are expected to underperform the market include Tongwei Co., Ltd. (600438.SH), Xinyi Solar (00968), Ansteel Group (00347), and China Resources Cement Technology (01313) [1]

数据显示，截至2025年12月31日，中证光伏产业指数前十大权重股分别为特变电工、隆基绿能、阳光电 源、TCL科技、通威股份、迈为股份、德业股份、正泰电器、TCL中环、捷佳伟创，前十大权重股合计 占比55.11%。 光伏ETF嘉实(159123)跟踪中证光伏产业指数，是布局光伏全产业链的便捷工具。 场外投资者还可以通过光伏ETF场外联接(014605)布局光伏产业链投资机遇。 2026年1月16日早盘，光伏板块低开高走，截至11:01，中证光伏产业指数(931151)强势上涨1.30%，成分 股罗博特科上涨10.25%，钧达股份上涨7.33%，迈为股份上涨7.21%，晶盛机电，弘元绿能等个股跟 涨。 2026年开年以来，太空光伏概念热度飙升，券商密集发布太空光伏相关研究报告并给出"万亿级市场"的 研判，晶科能源、天合光能、钧达股份等相关企业动作频频，相继披露布局进展与未来发展规划，形 成"抢滩"之势。在商业航天技术日趋成熟叠加AI算力中心能源缺口持续扩大的背景下，太空光伏承载着 巨大想象空间与发展潜力。 12月26日，市场监管总局通报了光伏行业价格违法问题和风险，并强调全行业要充分认识整治光伏行 业"内卷式" ...

Core Viewpoint - Recently, China General Nuclear Power Group (CGN) established a new company named CGN New Energy (Changning) Co., Ltd. with a registered capital of 10 million yuan, focusing on various energy services including power generation and transmission [1][4]. Group 1 - The legal representative of CGN New Energy (Changning) Co., Ltd. is Pu Zhiyong [1][4]. - The company's business scope includes power generation, transmission, distribution, wind power technology services, solar power technology services, and energy storage technology services [1][4]. - The company is jointly owned by CGN Yunnan New Energy Co., Ltd. and Sichuan Yongxiang Co., Ltd., with respective ownership stakes of 99% and 1% [5]. Group 2 - The registered capital of CGN New Energy (Changning) Co., Ltd. is 10 million yuan [1][4]. - The ownership structure indicates that CGN Yunnan New Energy Co., Ltd. is the major shareholder, contributing 9.9 million yuan, while Sichuan Yongxiang Co., Ltd. contributes 0.1 million yuan [5].

Core Viewpoint - The 2025 China Enterprise ESG "Golden Responsibility Award" aims to recognize companies that have made significant contributions to ESG (Environmental, Social, and Governance) practices, with over 5,000 enterprises participating in the evaluation process [1][4]. Group 1: ESG Award Overview - The award was launched in November 2025 by Sina Finance ESG Rating Center, focusing on promoting sustainable development and responsible investment [1][4]. - The evaluation process included comprehensive performance assessments, professional scoring, and online voting to determine the winners [1][4]. Group 2: Award Winners - The winners of the Best Environmental Responsibility Award include notable companies such as Sungrow Power Supply, Industrial Fulian, Kweichow Moutai, Geely Automobile, Haier Smart Home, Hisense Visual Technology, Linyang Electronics, Tongwei Co., Weichai Power, and Luxshare Precision [2][5]. - The award committee congratulated the winners and expressed hope that these companies will lead by example in enhancing their ESG capabilities and contribute to high-quality development in China [2][5]. Group 3: ESG Rating Center Introduction - The Sina Finance ESG Rating Center is the first Chinese platform dedicated to ESG information and ratings, promoting sustainable development and responsible investment [3][6]. - The center aims to establish ESG evaluation standards suitable for China's characteristics and enhance corporate ratings through collaboration with leading ESG enterprises and partners [3][6].

Core Viewpoint - The 2025 China Enterprise ESG "Golden Responsibility Award" aims to recognize companies and institutions that have made significant contributions to ESG initiatives in China, reflecting a shift from voluntary practices to compliance requirements in ESG performance [1][12]. Group 1: ESG Development and Awards Overview - By 2025, China's ESG development has transitioned from "setting standards" to "strengthening regulations," with a comprehensive disclosure standard system being established [1][12]. - The award selection attracted over 5,000 companies, with results based on ESG performance, online voting, and professional evaluations [2][12]. Group 2: Award Categories and Winners - The award categories include Excellent Environmental Responsibility Award, Excellent Social Responsibility Award, Excellent Corporate Governance Responsibility Award, Excellent Responsibility Initiative Award, Excellent Sustainable Development Award, and various responsibility investment awards [1][12]. - Notable winners of the Excellent Environmental Responsibility Award include Great Wall Motors, Hikvision, and China Petroleum [7][24]. - The Excellent Social Responsibility Award was awarded to companies such as YF Communication, ZTE, and Ningde Times [7][24]. - Winners of the Excellent Corporate Governance Responsibility Award include China Petroleum, Hikvision, and WuXi AppTec [7][24]. - The Excellent Responsibility Initiative Award was given to companies like ZTE, Sunlight Power, and Industrial and Commercial Bank of China [7][24]. - The Excellent Sustainable Development Award included companies such as WanHua Chemical, China Bank, and China Petroleum [7][24]. Group 3: Responsibility Investment Awards - The Responsibility Investment Excellent Bank Award was given to institutions like CITIC Bank and Minsheng Bank [5][21]. - The Responsibility Investment Excellent Securities Company Award included firms such as Shenwan Hongyuan and CITIC Securities [5][22]. - The Responsibility Investment Excellent Insurance Company Award recognized companies like New China Life and AIA [5][26]. - The Responsibility Investment Excellent Fund Company Award included firms such as Xinhua Fund and Harvest Fund [5][27]. - The Responsibility Investment Excellent Asset Management Institution Award recognized institutions like Ping An Asset Management and Sunshine Asset Management [5][28]. Group 4: Call to Action and Future Directions - The award committee encourages more Chinese enterprises to integrate ESG principles into their operations and strategic planning, emphasizing the importance of balancing commercial and social values [10][29].

1月15日，通威股份盘中下跌2.04%，截至11:00，报20.15元/股，成交8.44亿元，换手率0.92%，总市值 907.15亿元。 资金流向方面，主力资金净流出9225.47万元，特大单买入6469.25万元，占比7.66%，卖出1.14亿元，占 比13.48%；大单买入1.68亿元，占比19.86%，卖出2.11亿元，占比24.97%。 通威股份今年以来股价跌1.80%，近5个交易日跌6.97%，近20日跌3.13%，近60日跌12.69%。 分红方面，通威股份A股上市后累计派现251.92亿元。近三年，累计派现169.23亿元。 机构持仓方面，截止2025年9月30日，通威股份十大流通股东中，香港中央结算有限公司位居第二大流 通股东，持股1.36亿股，相比上期减少2790.65万股。华泰柏瑞沪深300ETF（510300）位居第五大流通 股东，持股4594.89万股，相比上期减少206.57万股。易方达沪深300ETF（510310）位居第七大流通股 东，持股3324.54万股，相比上期减少105.00万股。光伏ETF（515790）位居第八大流通股东，持股 3072.86万股，相比上期减少74. ...

Core Viewpoint - The 2025 China Enterprise ESG "Golden Responsibility Award" aims to recognize companies and institutions that have made significant contributions to ESG initiatives in China, reflecting a shift from voluntary practices to compliance requirements in ESG performance [1][18]. Group 1: Award Categories and Winners - The award includes ten categories: Best Environmental Responsibility Award, Best Social Responsibility Award, Best Corporate Governance Responsibility Award, Best Responsibility Initiative Award, Annual Sustainable Development Award, Best Responsible Investment Bank Award, Best Responsible Investment Securities Company Award, Best Responsible Investment Insurance Company Award, Best Responsible Investment Fund Company Award, and Best Responsible Investment Asset Management Institution Award [1][18]. - The Best Environmental Responsibility Award winners include: Sungrow Power Supply, Industrial Fulian, Kweichow Moutai, Geely Automobile, Haier Smart Home, Hisense Visual Technology, Linyang Electronics, Tongwei Co., Weichai Power, and Luxshare Precision [10][28]. - The Best Social Responsibility Award winners include: China Shenhua, China General Nuclear Power, China Resources Sanjiu, Sinopec, Shougang, Wuliangye, Yangtze Power, China Telecom, China Oilfield Services, and LONGi Green Energy [10][28]. - The Best Corporate Governance Responsibility Award winners include: Zijin Mining, SF Holding, ZTE Corporation, Industrial Fulian, JA Solar, Sany Heavy Industry, Nanjing Steel, Bright Dairy, TCL Zhonghuan, and Fuyao Glass [10][28]. - The Best Responsibility Initiative Award winners include: FiberHome Technologies, Wens Foodstuff Group, Haitian Flavoring and Food, Aier Eye Hospital, Yunnan Baiyao, Anker Innovations, Kingfa Sci. & Tech., Huatai Securities, Silex, and Hainengda [11][28]. - The Annual Sustainable Development Award winners include: China General Nuclear Power, Sungrow Power Supply, Kweichow Moutai, Contemporary Amperex Technology, Zijin Mining, Hikvision, Yili, Baosteel, Chint Electric, and China Mobile [11][28]. Group 2: Responsible Investment Awards - The Best Responsible Investment Bank Award winners include: Agricultural Bank of China, Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank, Industrial Bank, and Bank of China [11][28]. - The Best Responsible Investment Securities Company Award winners include: Guotai Junan, Everbright Securities, CITIC Securities, Huatai Securities, and CICC [12][28]. - The Best Responsible Investment Insurance Company Award winners include: China Life Insurance, China Ping An, China Pacific Insurance, China Re, Sunshine Insurance, and China Life [13][28]. - The Best Responsible Investment Fund Company Award winners include: Bosera Funds, Southern Fund, China Asset Management, Penghua Fund, Huitianfu Fund, and E Fund [14][28]. - The Best Responsible Investment Asset Management Institution Award winners include: China Life Asset Management, Huaxia Wealth Management, Xingyin Wealth Management, Taikang Asset, Taikang Asset, and Galaxy Investment [15][28]. Group 3: ESG Development Context - By 2025, China's ESG development has transitioned from "setting standards" to "strengthening regulations," with a comprehensive disclosure standard system being established [1][18]. - The ESG performance of enterprises is now a compliance requirement, linking commercial value with social value [1][18]. - The ESG rating center aims to promote sustainable development and responsible investment, enhancing the ESG performance of listed companies [17][34].

光伏资讯 | PV-info 2026 年 1 月第 1 周光伏行业企业官方微信公众号传播力榜单正式出炉！本次榜单以总阅读数为核心指标，结合发文数、头条阅读、互动数据等维度，展 现了光伏企业的传播表现。 | 排名 | 公众号 | | 发文数 = | 总阅读数 | | --- | --- | --- | --- | --- | | 1 | | 通威集团 tongweiGroup | 13 | 15W+ | | 2 | | 晶科能源Jinko... jinkosolardyh | 7 | 10.7W+ | | 3 | | 爰旭股份 Aikosolar_Group | б | 27626 | | 4 | | 降基绿能 longi-silicon | 6 | 14498 | | 5 | | 天合光能 trinasolar1997 | 11 | 8615 | | б | | 降基LONGi So ... LONGi_Solar | 6 | 8572 | | 7 | | 晶澳科技 JA S ... jingaosolar | 4 | 7702 | | 8 | | 正泰新能Astro.. | 5 | 5281 | | | ...

上市企业：隆基绿能（601012）,通威股份（600438）,阳光电源（300274）,晶澳科技（002459）,天合光 能（688599）,特变电工（600089）,正泰电器（601877）,TCL中环（002129）,林洋能源（601222）,上 能电气（300827） 数据来源：国家统计局，智研咨询整理 根据国家统计局数据显示：2025年11月中国太阳能发电量产量为412亿千瓦时，同比增长23.4%；2025 年1-11月中国太阳能发电量累计产量为5290.9亿千瓦时，累计增长24.8%。 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 2020-2025年1-11月中国太阳能发电量产量统计图 相关报告：智研咨询发布的《2026-2032年中国太阳能发电站行业市场行情监测及投资前景研判报告》 ...