Core Viewpoint - The high-speed copper cable market is experiencing rapid expansion driven by the increasing demand for high data rates and low latency transmission, particularly in AI servers and data centers, with significant growth projected through 2026 [1][7]. High-Speed Copper Cable Industry Definition and Classification - High-speed copper cables utilize copper as a conductor to achieve ultra-high data rates (e.g., 400Gbps, 800Gbps, and 1.6Tbps) over short distances (typically less than 10 meters) [1][2]. - The industry is categorized into three main types: passive copper cables (DAC), active copper cables (ACC), and active electrical cables (AEC), with AEC showing greater potential for AI applications due to enhanced signal quality and longer transmission distances [2]. High-Speed Copper Cable Industry Development Status - The global high-speed communication cable market is expected to reach approximately $400 million by 2025, with the high-speed copper cable segment accounting for $190 million (47.5%) [1][7]. - By 2026, the market is projected to grow to $580 million, with high-speed copper cables estimated at $270 million (46.55%) [1][7]. High-Speed Copper Cable Industry Supply Chain - The upstream supply chain includes raw materials such as copper, plating materials, and insulation materials, while the midstream consists of manufacturers of high-speed copper cables, and the downstream involves connector manufacturers serving various applications [8]. High-Speed Copper Cable Industry Development Environment - Related Policies - The rapid development of digital communication and digitization has led to strong demand for high-speed copper cables, supported by government policies aimed at technological upgrades and market expansion [8]. High-Speed Copper Cable Industry Competitive Landscape - The global high-speed copper cable market is highly concentrated, with the top five companies holding 86.8% of the market share [11]. - Major domestic players include Zhaolong Interconnect, Xinya Electronics, and Wolong Materials, with Wolong Materials holding a 24.9% market share, ranking second globally [11][12]. High-Speed Copper Cable Industry Development Trends - The demand for high-speed copper cables is expected to grow due to the rise of cloud computing, big data, and AI technologies, necessitating higher capacity and reliability in data transmission [14]. - Technological innovation will drive the industry forward, with domestic companies increasing R&D investments to enhance cable performance and potentially lead in the global market [14].

Group 1 - The A-share market indices continued to rise, with the only electric grid equipment ETF (159326) increasing by 2.3% and the green electricity ETF (562550) rising by 0.54% [1] - Key stocks in the electric grid equipment ETF, including Baosheng Co., Igor, and China XD Electric, reached their daily limit, while other stocks like Power Transformer and Weiteng Electric also saw gains [1] - A new guideline was released by relevant authorities to promote high-quality development of the electric grid, aiming for significant enhancements in resource optimization and capacity by 2030 [1] Group 2 - The electric grid equipment ETF (159326) tracks the CSI Electric Grid Equipment Theme Index, with a strong representation in sectors such as power transmission and transformation equipment, grid automation, and cable components [2] - The green electricity ETF (562550) tracks the CSI Green Power Index, including companies involved in solar, wind, and hydropower, reflecting the overall performance of the green energy sector [2] - The index includes both clean energy enterprises and traditional energy sources, aligning with the dual carbon goals and energy security initiatives [2]

Group 1 - The core point of the article is that Baosheng Co., Ltd. executed a block trade of 1.5 million shares on January 7, with a transaction value of 11.49 million yuan, representing 0.6% of the total trading volume for that day [1][2] - The transaction price was 7.66 yuan per share, which is a discount of 1.92% compared to the market closing price of 7.81 yuan [1][2] - The buying party for the transaction was an institutional investor, while the selling party was identified as Tai Rui Nian Plastic Drink [2]

Market Performance - The grid equipment sector increased by 1.94% compared to the previous trading day, with HeShun Electric leading the gains [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] Individual Stock Performance - HeShun Electric (300141) closed at 14.58, up 10.37%, with a trading volume of 605,600 shares and a transaction value of 921 million [1] - Sanbian Technology (002112) closed at 15.58, up 10.03%, with a trading volume of 435,200 shares and a transaction value of 670 million [1] - China West Electric (601179) closed at 10.59, up 9.97%, with a trading volume of 1,904,900 shares and a transaction value of 1.979 billion [1] - Other notable performers include Far East Holdings (600869) and Hangzhou Colin (688611), with increases of 9.97% and 9.64% respectively [1] Capital Flow Analysis - The grid equipment sector saw a net inflow of 1.154 billion in main funds, while retail investors experienced a net outflow of 373 million [2][3] - Major stocks like China West Electric and Sanbian Technology attracted significant main fund inflows of 653 million and 259 million respectively [3] - Conversely, retail investors withdrew from these stocks, indicating a divergence in investment behavior between institutional and retail investors [3]

一、华夏-平安-宝胜股份应收账款资产支持专项计划（先进制造-科技创新） 资产支持证券发行总额不超过 9.92 亿元。本函自出具之日起 12 个月内有效。平 安证券应在本函有效期内按照报送本所的相关文件完成发行。 证券代码：600973 证券简称：宝胜股份 公告编号：2026-004 宝胜科技创新股份有限公司 关于收到资产支持证券挂牌转让无异议函的公告 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。 宝胜科技创新股份有限公司(以下简称"公司")于 2025 年 10 月 24 日召开 第八届董事会第二十一次会议，并于 2025 年 11 月 10 日召开 2025 年第二次临时 股东大会，审议批准公司申请发行总额不超过人民币 30 亿元的应收账款资产支 持证券。具体内容详见公司于 2025 年 10 月 25 日披露的《宝胜科技创新股份有 限公司关于开展应收账款资产证券化的公告》（公告编号：2025-037）。 近日，公司收到平安证券股份有限公司（以下简称"平安证券"）转发的由 上海证券交易所（以下简称"上交所"）出具的《 ...

Core Viewpoint - The superconducting index experienced a 2% increase, indicating a positive trend in the sector with all constituent stocks showing gains [1] Group 1: Stock Performance - Baoshen Co. saw an increase of 8.71% [1] - Western Superconducting Technologies rose by 5.59% [1] - Baili Electric, Tebian Electric, and Jinbei Electric reported increases of 4.32%, 4.04%, and 2.77% respectively [1]

格隆汇1月6日丨宝胜股份(600973.SH)公布，根据《公司法》及《公司章程》等有关规定，公司于近日 召开职工代表大会，选举宋宇峰先生为公司第九届董事会职工代表董事，任期自职工代表大会审议通过 之日起至本届董事会届满之日止。 ...

证券代码：600973 证券简称：宝胜股份 公告编号：2026-003 宝胜科技创新股份有限公司 2026 年 1 月 7 日 附件： 宝胜科技创新股份有限公司 根据《公司法》及《公司章程》等有关规定，公司于近日召开职工代表大会， 选举宋宇峰先生（简历详见附件）为公司第九届董事会职工代表董事，任期自职 工代表大会审议通过之日起至本届董事会届满之日止。 宋宇峰先生不存在根据《公司法》等法律法规及其他有关规定，不得担任董 事的情形；未被中国证监会采取不得担任上市公司董事的市场禁入措施；未被证 券交易所公开认定为不适合担任上市公司董事；未受过中国证监会及其他有关部 门的处罚和证券交易所惩戒；未因涉嫌犯罪被司法机关立案侦查或者涉嫌违法违 规被中国证监会立案调查；不存在重大失信等不良记录。其符合《公司法》《公 司章程》以及中国证监会和上海证券交易所规定的任职资格。 特此公告。 宝胜科技创新股份有限公司董事会 关于选举第九届董事会职工代表董事的公告 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。 宝胜科技创新股份有限公司（以下简称" ...

证券代码：600973 证券简称：宝胜股份 公告编号：2026-002 宝胜科技创新股份有限公司 关于董事会完成换届选举及 聘任高级管理人员、证券事务代表的公告 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。 宝胜科技创新股份有限公司（以下简称"公司"）于 2025 年 12 月 25 日召开 2025 年第三次临时股东会，选举产生公司第九届董事会非独立董事、独立董事， 共同组成公司第九届董事会。2026 年 1 月 6 日，公司召开了第九届董事会第一 次会议，完成了公司第九届董事会董事长的选举，确认了董事会专门委员会的组 成，并聘任了公司总经理、副总经理、总会计师、总工程师、董事会秘书、证券 事务代表。现将具体情况公告如下： 一、公司第九届董事会及董事会专门委员会组成情况 （一）董事会 公司第九届董事会共由 11 名董事组成，其中非独立董事 6 名、独立董事 4 名、职工代表董事 1 名，成员如下： 非独立董事：生长山先生（董事长）、邵文林先生、闫修辉先生、张航先生、 马永胜先生、卢之翔先生 独立董事：王跃堂先生、王益 ...

证券代码：600973 证券简称：宝胜股份 公告编号：2026-001 宝胜科技创新股份有限公司 第九届董事会第一次会议决议公告 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。 宝胜科技创新股份有限公司（以下简称"公司"）于 2025 年 12 月 30 日以 传真、电子邮件及专人送达等方式向公司全体董事及高级管理人员发出了召开第 九届董事会第一次会议的通知。2026 年 1 月 6 日下午 2:30，第九届董事会第一 次会议在宝胜会议中心 1 号接待室召开。会议应到董事 11 名，实到董事 11 名， 董事张航先生、马永胜先生、卢之翔先生，独立董事王跃堂先生、王益民先生、 沈华玉先生和裴力先生以通讯方式参加表决。公司部分高级管理人员列席了会议。 会议由公司董事生长山先生主持。会议的召集和召开符合《公司法》等有关法律、 法规和《公司章程》的规定。会议就下述事项作出如下决议： 会议就以下事项进行审议： 2.2 会议以 11 票同意、0 票反对、0 票弃权，审议并通过《关于选举第九届 董事会审计委员会委员的议案》 第九届董事 ...