（来源：淘金ETF） 1. 国电南瑞（600406） 地处南京，是能源互联网整体解决方案提供商，属央企体系，获评央企"科改标杆"。构建了完善科研体 系，成立研究院和研发中心，组建"十年磨剑"研究团队等。在构网型技术上成果显著，研制构网型SVG 等五类核心产品，首套电网侧带超容构网型SVG入选"央企十大超级工程"。其调度自动化系统国内市占 率超75%，特高压换流阀市占率超50%。AI算力和电力需求激增推动新型电力系统建设，它的光明电力 大模型可助力电网规划运维，构网型产品能解决新能源发电带来的电网稳定性问题，海外业务也在拓 展，配电变压器等产品出口多国，迎来广阔增长空间。 2. 思源电气（002028） 位于上海，是输配电综合供应商，布局特高压、储能等领域。作为国内最大的高压包、高压线圈生产 商，产品涵盖高压电抗器、组合电器等核心设备。在变压器领域实力突出，2024年海外营收中变压器占 比达60%，且海外订单增速超50%，2025年上半年海外营收增速更是高达89%。当前AI算力中心和新能 源项目对高压输配电设备需求激增，其产品能适配特高压电网的高效输电需求，同时适配储能项目的配 套电力设备需求。依托成熟的海外渠 ...

Investment Rating - The report maintains a "Recommended" investment rating for the power equipment sector [6][17]. Core Viewpoints - The domestic data center industry is entering a new cycle of expansion and upgrades, with direct current (DC) power supply equipment expected to benefit first. The market size of China's data center industry is projected to exceed 318 billion yuan in 2025, representing a year-on-year growth of approximately 14.7%. By 2030, it may reach 1.2 trillion yuan, with a compound annual growth rate (CAGR) of about 25%-28% [5][15]. - The load scale of data centers is expected to be around 7.05 GW in 2025, increasing to 9.37 GW by 2030, with a CAGR of approximately 5.85%. The demand for AI computing power is driving significant capital expenditure from leading internet companies, with ByteDance planning to invest about 160 billion yuan in AI infrastructure in 2026, and Alibaba expecting to invest over 380 billion yuan in cloud and AI hardware from 2025 to 2027 [5][15]. - The industry is experiencing an unexpected expansion, with infrastructure technology upgrades creating investment opportunities in IDC-compatible DC power supply equipment [5][15]. Summary by Sections Investment Viewpoints - The report suggests focusing on the IDC sector, recommending companies such as Kehua Data and Jinpan Technology, as well as Sifang Co. and Liangxin Co. for their potential in the HVDC/SST industry. It also highlights the importance of high-voltage circuit breakers and suggests monitoring companies like Zhongheng Electric, Magmeter, and Oulu Tong in the power supply sector [6][16]. Key Companies and Profit Forecasts - The report includes profit forecasts for several companies, with notable mentions: - Kehua Data (002335.SZ): EPS forecast of 1.86 yuan for 2026, currently unrated [18]. - Liangxin Co. (002706.SZ): Rated "Buy" with an EPS forecast of 0.44 yuan for 2026 [19]. - Magmeter (002851.SZ): Rated "Buy" with an EPS forecast of 2.07 yuan for 2026 [19]. - Sunshine Power (300274.SZ): Rated "Buy" with an EPS forecast of 7.74 yuan for 2026 [19]. - Jinpan Technology (688676.SH): Rated "Buy" with an EPS forecast of 2.20 yuan for 2026 [19]. Market Performance - The power equipment sector saw a 5.02% increase last week, ranking 12th among 28 sub-industries, outperforming the Shanghai Composite Index by 1.21 percentage points [46].

Core Insights - The Ministry of Industry and Information Technology, along with four other departments, has issued the "Guidelines for the Construction and Application of Industrial Green Microgrids (2026-2030)" to promote the development and application of green microgrids in the industrial sector, aiming to enhance the use of green electricity and reduce carbon emissions in key industrial areas [1] Group 1: Industry Overview - In the past six months, 40 listed companies have disclosed their involvement in microgrid-related businesses through investor Q&A platforms or research activities, primarily in the power equipment sector with 19 companies [1] - Other sectors involved include machinery equipment, construction decoration, and telecommunications, with 4, 3, and 3 companies respectively [1] Group 2: Company Performance and Predictions - Among the concept stocks, 20 have received institutional ratings, with 10 stocks attracting significant attention from institutions, having ratings from five or more agencies [1] - According to consensus forecasts, 8 out of the 10 stocks are expected to achieve year-on-year growth in net profit attributable to shareholders by 2025, with Teruide (300001) projected to have the highest net profit growth rate of 30.4%, and Dongfang Electronics (000682) expected to increase by over 20% [1] Group 3: Stock Performance Data - The table lists various companies along with their stock performance on January 9, including: - Guodian Nari (600406) with a 0.55% increase and a projected net profit growth of 9.73% [2] - Weisheng Information (688100) with a 1.32% decrease and a projected growth of 14.97% [2] - Sifang Co. (601126) showing a 5.08% increase with a 17.98% growth forecast [2] - Teruide (300001) with a slight increase of 0.19% and a projected growth of 30.4% [2] - Dongfang Electronics (000682) with a 0.48% increase and a forecasted growth of 23.78% [2]

国家知识产权局信息显示，北京四方继保自动化股份有限公司取得一项名为"一种通过流设备接口实现 外设的快速操作的方法和系统"的专利，授权公告号CN115658573B，申请日期为2022年9月。 来源：市场资讯 北京四方继保自动化股份有限公司，成立于1994年，位于北京市，是一家以从事计算机、通信和其他电 子设备制造业为主的企业。企业注册资本83343.6万人民币。通过天眼查大数据分析，北京四方继保自 动化股份有限公司共对外投资了22家企业，参与招投标项目5000次，财产线索方面有商标信息42条，专 利信息1778条，此外企业还拥有行政许可41个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 天眼查资料显示，北京四方继保工程技术有限公司，成立于2003年，位于北京市，是一家以从事电气机 械和器材制造业为主的企业。企业注册资本105000万人民币。通过天眼查大数据分析，北京四方继保工 程技术有限公司共对外投资了5家企业，参与招投标项目5000次，专利信息904条，此外企业还拥有行政 许可13个。 ...

Group 1 - The core viewpoint of the news is that the microgrid sector is expected to experience steady growth due to favorable policies and increasing investments in green energy applications within industrial settings [2][4]. - The Ministry of Industry and Information Technology, along with four other departments, has released the "Guidelines for the Construction and Application of Industrial Green Microgrids (2026-2030)," which aims to promote the integration of renewable energy sources in industrial processes [2]. - The guidelines emphasize five basic principles, including efficient multi-energy utilization, high local consumption of renewable energy, and enhanced interaction with the power grid [2]. Group 2 - The global microgrid market is projected to reach approximately $22.9 billion in 2024, with a compound annual growth rate (CAGR) of about 19.2% from 2025 to 2034 [4]. - In China, the investment in power grid construction is on the rise, with a reported investment of 560.4 billion yuan from January to November 2025, marking a year-on-year increase of 5.9% [4]. - Recent data indicates that 40 listed companies have disclosed their involvement in microgrid-related businesses, primarily in the power equipment sector [5]. Group 3 - In the stock market, several microgrid-related stocks have shown positive performance, with notable increases in share prices for companies like Huizhong Technology and Sifang Co., with gains of 8.14% and 5.08%, respectively [6]. - Among the listed companies, 20 have received institutional ratings, with 10 stocks attracting significant attention from multiple rating agencies [6]. - Companies such as Teruid and Dongfang Electronics are expected to see substantial growth in net profits by 2025, with Teruid projected to achieve a growth rate of 30.4% [6][7].

北京四方继保自动化股份有限公司，成立于1994年，位于北京市，是一家以从事计算机、通信和其他电 子设备制造业为主的企业。企业注册资本83343.6万人民币。通过天眼查大数据分析，北京四方继保自 动化股份有限公司共对外投资了22家企业，参与招投标项目5000次，财产线索方面有商标信息42条，专 利信息1778条，此外企业还拥有行政许可41个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 来源：市场资讯 国家知识产权局信息显示，北京四方继保自动化股份有限公司取得一项名为"一种远动设备液晶界面开 发方法"的专利，授权公告号CN113867664B，申请日期为2021年9月。 天眼查资料显示，北京四方继保工程技术有限公司，成立于2003年，位于北京市，是一家以从事电气机 械和器材制造业为主的企业。企业注册资本105000万人民币。通过天眼查大数据分析，北京四方继保工 程技术有限公司共对外投资了5家企业，参与招投标项目5000次，专利信息904条，此外企业还拥有行政 许可13个。 ...

Group 1 - The stock of Sifang Co., Ltd. increased by 5.04% on January 9, reaching a price of 32.69 yuan per share, with a trading volume of 253 million yuan and a turnover rate of 0.96%, resulting in a total market capitalization of 27.237 billion yuan [1] - Sifang Co., Ltd. specializes in the research, production, sales, and technical services of relay protection, grid automation, and power plant automation products, with revenue composition as follows: 49.82% from power and industrial automation, 42.94% from grid automation, 7.09% from other sources, and 0.15% from rental, technical services, and material sales [1] Group 2 - Guojin Fund has one fund heavily invested in Sifang Co., Ltd., specifically Guojin Guoxin Initiated A (762001), which reduced its holdings by 108,900 shares in the third quarter, now holding 200,300 shares, accounting for 4.89% of the fund's net value, making it the second-largest holding [2] - The fund has achieved a floating profit of approximately 314,500 yuan today [2] - Guojin Guoxin Initiated A (762001) was established on August 28, 2012, with a latest scale of 74.7632 million yuan, and has recorded a year-to-date return of 3.36% and a one-year return of 17.94% [2]

证券之星消息，1月8日电网设备板块较上一交易日上涨0.77%，和顺电气领涨。当日上证指数报收于 4082.98，下跌0.07%。深证成指报收于13959.48，下跌0.51%。电网设备板块个股涨跌见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002309 | 中利集团 | 3.00 | -9.91% | 221.89万 | 6.71亿 | | 605196 | 夜腹线 | 34.42 | -5.05% | 11.36万 | 3.97亿 | | 002546 | 新联电子 | 7.06 | -3.29% | 44.34万 | 3.14亿 | | 601126 | 四方股份 | 31.12 | -2.78% | 1 30.22万 | 9.64亿 | | 688226 | 威腾电气 | 39.00 | -2.69% | 5.79万 | 2.30 Z | | 30129 ...

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]

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]