Company Summary - State Grid Yingda (SH 600517) announced on November 4 that its ninth board meeting was held via telecommunication to discuss the proposal for hiring an accounting firm for the fiscal year 2025 [1] - As of the report, State Grid Yingda has a market capitalization of 38.1 billion yuan [1] Revenue Composition - For the fiscal year 2024, the revenue composition of State Grid Yingda is as follows: manufacturing accounts for 65.12%, financial services account for 34.6%, and other businesses account for 0.28% [1] Industry Insights - A significant increase in overseas orders by 246% has been reported, covering over 50 countries and regions, indicating a booming industry [1] - Entrepreneurs have raised concerns about some companies selling products at a loss, warning of potential vicious competition extending to overseas markets [1]

证券代码：600517 证券简称：国网英大 公告编号：临 2025-033 号 国网英大股份有限公司 关于聘用公司 2025 年度会计师事务所的公告 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。 一、拟聘用会计师事务所的基本情况 （一）机构信息 （2）成立日期：中审众环始创于 1987 年，是全国首批取得国家批准具有从 事证券、期货相关业务资格及金融业务审计资格的大型会计师事务所之一。根据 财政部、证监会发布的从事证券服务业务会计师事务所备案名单，本所具备股份 有限公司发行股份、债券审计机构的资格。2013 年 11 月，按照财政部等有关要 1 拟聘用的会计师事务所名称：中审众环会计师事务所（特殊普通合伙） （以下简称"中审众环"） 原聘用的会计师事务所名称：信永中和会计师事务所（特殊普通合伙） （以下简称"信永中和"） 变更会计师事务所的简要原因及前任会计师的异议情况：国网英大股份 有限公司（以下简称"公司"）自 2021 年起聘用信永中和为公司提供 2020-2024 年度财务报告及内部控制审计服务，已连续服务 5 年。 ...

证券代码：600517 证券简称：国网英大 公告编号：临 2025-034 号 国网英大股份有限公司 二、具体方案 1.投保人：国网英大股份有限公司 2.被保险人：公司全体董事、高级管理人员及相关责任主体 3.保额：1 亿元/年 4.保费：约 70 万元/年，预计合计不超过 400 万元 5.保险期限：2026 至 2030 年，按年承保、到期续保 关于公司继续为董事及高级管理人员购买 董责险的公告 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。 一、概述 国网英大股份有限公司（以下简称"公司"）2020 年年度股东大会审议通过 《关于为公司董监高购买责任险的议案》，同意为全体董事、监事、高级管理人 员及相关责任主体购买责任险，保险期限为 2021 年至 2025 年，2025 年 12 月到 期，详见公司在上海证券交易所网站披露的《国网英大关于为公司董监高购买责 任险的公告》（临 2021-027 号）。 为持续健全公司风险管理体系，保障公司董事及高级管理人员充分履职，公 司拟继续为全体董事、高级管理人员及相关责任主体购买责 ...

证券代码：600517 证券简称：国网英大 公告编号：临 2025-032 号 国网英大股份有限公司 第九届董事会第四次会议决议公告 本议案已事先经公司第九届董事会审计与内控合规管理委员会 2025 年第四 次会议审议通过，并同意提交公司董事会审议。 本议案尚需提交公司 2025 年第二次临时股东会审议。 具 体 内 容 详 见 公 司 于 2025 年 11 月 5 日 在 上 海 证 券 交 易 所 网 站 （http://www.sse.com.cn）上网披露的《国网英大关于聘用公司 2025 年度会计 师事务所的公告》（临 2025-033 号）。 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。 一、董事会会议召开情况 国网英大股份有限公司（以下简称"公司"）第九届董事会第四次会议于 2025 年 10 月 28 日以书面方式发出会议通知，会议于 2025 年 11 月 4 日以通讯表决方 式召开。会议应参加表决董事 10 名，实际参加表决董事 10 名。本次董事会会议 的召开符合《公司法》《公司章程》等有关规定。 二 ...

Market Overview - The diversified financial sector experienced a decline of 0.92% on November 4, with Hainan Huatie leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Stock Performance - Notable gainers in the diversified financial sector included: - Yalian Development (002316) with a closing price of 5.57, up 3.15% [1] - State Grid Yingda (600517) at 6.67, up 1.52% [1] - Jiangsu Jinzu (600901) at 6.13, up 1.16% [1] - Hainan Huatie (603300) was the biggest loser, closing at 7.79, down 2.38% [2] - Other significant decliners included: - Nanda Longzong (603093) down 2.26% [2] - Zhongyou Capital (000617) down 2.22% [2] Capital Flow - The diversified financial sector saw a net outflow of 844 million yuan from institutional investors, while retail investors contributed a net inflow of 678 million yuan [2] - The overall capital flow for key stocks showed mixed results, with some stocks experiencing significant inflows from retail investors despite institutional outflows [3] Individual Stock Capital Flow - Key stocks and their capital flow included: - Jiuding Investment (600053) with a net inflow of 14.76 million yuan from institutional investors [3] - Sichuan Shuangma (000935) with a net inflow of 9.94 million yuan from institutional investors [3] - Yalian Development (002316) with a net inflow of 8.76 million yuan from institutional investors [3] - Conversely, stocks like *ST Rindong (002647) and Aijian Group (600643) faced net outflows from institutional investors [3]

Core Viewpoint - The concept of ultra-high voltage (UHV) has seen significant market activity, with notable stocks such as Sifang Co. and Shenneng Power reaching their daily price limits, indicating strong investor interest in this sector [1] Company Summary - Sifang Co. and Shenneng Power both hit the daily limit up, reflecting a bullish sentiment in the UHV sector [1] - Other companies such as Fospower Technology, TBEA, Baiyun Electric, Guodian Nanzi, and State Grid Yingda also experienced price increases, suggesting a broader market rally in the UHV industry [1]

Core Insights - The diversified financial sector experienced a slight increase of 0.39% on November 3, with *ST Xiongmao leading the gains [1] - The Shanghai Composite Index closed at 3976.52, up 0.55%, while the Shenzhen Component Index closed at 13404.06, up 0.19% [1] Stock Performance Summary - *ST Nengmao saw a closing price of 9.93, with a rise of 4.97% and a trading volume of 64,400 shares, totaling a transaction value of 62.95 million yuan [1] - Haide Co. closed at 7.86, up 4.80%, with a trading volume of 946,100 shares and a transaction value of 730 million yuan [1] - Jiuding Investment closed at 19.64, increasing by 4.36%, with a trading volume of 182,400 shares and a transaction value of 356 million yuan [1] - Sichuan Shuangma closed at 21.18, up 4.13%, with a trading volume of 167,000 shares and a transaction value of 350 million yuan [1] - Zhejiang Dongfang closed at 7.36, increasing by 2.79%, with a trading volume of 3,129,800 shares and a transaction value of 2.277 billion yuan [1] Capital Flow Analysis - The diversified financial sector saw a net outflow of 13.69 million yuan from institutional investors and 17.34 million yuan from retail investors, while retail investors had a net inflow of 31.03 million yuan [2] - Haide Co. had a net inflow of 81.16 million yuan from institutional investors, while experiencing a net outflow of 82.36 million yuan from retail investors [3] - Sichuan Shuangma recorded a net inflow of 44.44 million yuan from institutional investors, with net outflows from both retail and speculative investors [3]

Core Viewpoint - The stock of State Grid Yingda has shown significant growth in recent months, with a notable increase in both share price and trading volume, indicating strong investor interest and potential for further appreciation [1][2]. Company Overview - State Grid Yingda, established on November 14, 1997, and listed on October 10, 2003, is located in the China (Shanghai) Free Trade Zone. The company specializes in electrical and new materials equipment, power operation services, low-carbon energy-saving engineering services, and various financial services including securities, trusts, and futures [2]. - The company's revenue composition is as follows: electrical and new materials equipment (84.25%), power operation services (11.30%), low-carbon energy-saving engineering services (3.64%), carbon asset business (0.43%), and other (0.38%) [2]. Financial Performance - For the period from January to September 2025, State Grid Yingda reported a revenue of 7.87 billion yuan, reflecting a year-on-year growth of 2.30%. The net profit attributable to shareholders was 2.23 billion yuan, marking a substantial increase of 53.73% [2]. - The company has distributed a total of 3.78 billion yuan in dividends since its A-share listing, with 1.45 billion yuan distributed over the past three years [3]. Stock Performance - Year-to-date, State Grid Yingda's stock price has increased by 21.47%, with a 14.04% rise over the last five trading days, a 13.84% increase over the last 20 days, and a 24.67% increase over the last 60 days [2]. - As of November 3, the stock was trading at 6.58 yuan per share, with a market capitalization of 37.63 billion yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for State Grid Yingda was 60,600, a decrease of 2.01% from the previous period. The average number of circulating shares per shareholder increased by 2.05% to 94,382 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 53.99 million shares, an increase of 9.79 million shares from the previous period, while Southern CSI 500 ETF holds 24.89 million shares, a decrease of 514,400 shares [3].

Group 1 - The core point of the article highlights that State Grid Yingda's trading volume reached 1.021 billion RMB, marking a new high since July 6, 2022 [2] - The latest stock price increased by 6.19%, with a turnover rate of 2.70% [2] - The previous trading day's total transaction volume for the stock was 532 million RMB [2] Group 2 - State Grid Yingda Co., Ltd. was established on November 14, 1997, with a registered capital of 5.718 billion RMB [2]

Core Viewpoint - The lithium mining and energy storage sectors have experienced significant stock price increases, driven by a recovery in the lithium carbonate market and strong demand for energy storage solutions [1][4][6]. Lithium Mining Sector - On October 29, lithium mining stocks surged, with major companies like Dazhong Mining and Chuaneng Power hitting their daily price limits. Other companies such as Shengxin Lithium Energy and Ganfeng Lithium also saw substantial gains [2][5]. - Dazhong Mining announced that its subsidiary obtained a mining license for the Hunan Jijieshan lithium mine, which has a resource volume of 48,987.2 million tons, equivalent to approximately 324.43 thousand tons of lithium carbonate [3]. - The mining license allows for an annual open-pit mining capacity of 20 million tons, which can produce 80 thousand tons of lithium carbonate per year, enhancing the company's profitability and sustainable development [3]. Energy Storage Sector - The energy storage sector also saw a collective surge, with nearly 30 related stocks hitting their daily limits or rising over 10%. Notably, Yangguang Power's stock increased by over 15%, reaching a historical high [5]. - The "14th Five-Year Plan" emphasizes the development of new energy storage, with projections indicating that energy storage will drive lithium battery demand growth exceeding 30% next year, presenting investment opportunities across materials, batteries, and integration [6][7]. - The National Development and Reform Commission and the National Energy Administration have set a target for new energy storage installations to reach over 180 million kilowatts by 2027, with an estimated direct investment of around 250 billion yuan [6]. Market Dynamics - The lithium carbonate market has shown signs of recovery, with the benchmark price rising to 78,400 yuan per ton, a 7.15% increase from earlier in the month. This price increase is supported by strong demand in the energy storage sector [4]. - Analysts predict that the supply-demand dynamics will remain tight, with expectations of continued price strength in the short term due to robust demand from the energy storage market [4][7]. - The current market sentiment is optimistic, with a cautious outlook on potential supply increases from lithium salt projects and high inventory levels in intermediate products [4].