证券代码：601179 证券简称：中国西电 公告编号：2026-002 减持计划的实施结果情况 2025 年 11 月 21 日，公司披露了《关于持股 5%以上股 东减持股份计划的公告》（公告编号：2025-052），通用电气 新加坡公司拟自 2025 年 12 月 12 日至 2026 年 3 月 11 日期 间，减持公司股份不超过 153,776,470 股，即不超过公司总 股本的 3%。其中，拟通过集中竞价交易方式减持不超过 51,258,823 股 ， 拟 通 过 大 宗 交 易 方 式 减 持 不 超 过 1 102,517,647 股。 2026 年 1 月 13 日，公司收到通用电气新加坡公司发来 的《关于提前终止减持计划暨减持结果的通知》，2026 年 1 月 8 日至 2026 年 1 月 13 日，通用电气新加坡公司以集中竞 价交易方式减持公司股份 51,258,823 股，以大宗交易方式 减 持 公 司 股 份 51,258,873 股 ， 累 计 共 减 持 公 司 股 份 102,517,696 股，占公司总股本的 2.00%。通用电气新加坡 公司决定提前终止本次股份减持计划，本次减 ...

中国西电公告称，通用电气新加坡公司提前终止减持计划。2026年1月8 - 13日，其以集中竞价和大宗交 易方式累计减持1.03亿股，占总股本2%，减持总金额10.72亿元，减持价格10.25 - 10.67元/股。本次减持 后，该股东持股降至2.56亿股，占比4.99%，不再是持股5%以上股东。自2025年8月28日至2026年1月13 日，其累计减持2.56亿股，占总股本5%。此次权益变动不触及要约收购，不影响公司控股权。 ...

内容概况：中国滤波电抗器行业作为保障电力系统稳定和提升电能质量的关键环节，其发展正与国家能 源结构转型和新型电力系统建设深度绑定。2024年，中国滤波电抗器行业市场规模约为124.58亿元，同 比增长9.08%。与此同时，工业领域的电能质量治理需求、轨道交通的持续发展，以及电动汽车充电 桩、数据中心等新兴领域的兴起，共同构成了多元化、持续增长的市场基本盘。 相关上市企业：经纬辉开（300120）、安科瑞（300286）、特变电工（600089）、新特电气 （301120）、京泉华（002885）、中国西电（601179）、顺钠股份（000533）、思源电气（002028） 相关企业：宝山钢铁股份有限公司、紫金矿业集团股份有限公司、中国五矿集团有限公司、铜陵精达特 种电磁线股份有限公司、浙江长城电工科技股份有限公司、宁波金田铜业(集团)股份有限公司、安徽恒 泰新材料科技股份有限公司、国家电网有限公司、中国南方电网有限责任公司、南京埃斯顿自动化股份 有限公司、沈阳新松机器人自动化股份有限公司 关键词：滤波电抗器、滤波电抗器市场规模、滤波电抗器行业现状、滤波电抗器发展趋势 一、行业概述 滤波电抗器（Filter R ...

证券时报·数据宝统计显示，中国西电今日收盘价为12.40元，上涨8.87%，日换手率为11.16%，成交额 为67.36亿元，全天主力资金净流入5423.87万元，近5日该股累计上涨28.76%，近5日资金合计净流出 1.19亿元。 两融数据显示，该股最新融资余额为14.90亿元，近5日增加9032.72万元，增幅为6.45%。 中国西电1月13日大宗交易平台出现一笔成交，成交量5125.89万股，成交金额5.25亿元，大宗交易成交 价为10.25元，相对今日收盘价折价17.34%。该笔交易的买方营业部为机构专用，卖方营业部为中国国 际金融股份有限公司上海分公司。 进一步统计，近3个月内该股累计发生2笔大宗交易，合计成交金额为5.31亿元。 据天眼查APP显示，中国西电电气股份有限公司成立于2008年04月30日，注册资本512588.2352万人民 币。（数据宝） 1月13日中国西电大宗交易一览 | 成交量（万 | 成交金额 | 成交价格 | 相对当日收盘折溢 | 买方营 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | 股） | （万元） | （元） | ...

Core Insights - The transformer industry is gaining significant attention as a critical component in the energy sector, particularly with the rise of AI and data centers [1][2] - Elon Musk has highlighted the shift in bottlenecks from chips to transformers, emphasizing their importance in the future of AI and energy distribution [1] - The demand for transformers is expected to increase due to the growing energy needs of data centers and the need for grid upgrades [1][2] Industry Overview - Since 2026, the A-share transformer concept has been on the rise, with key companies like China XD Electric, XJ Electric, and TBEA seeing stock price increases [1] - The U.S. is heavily reliant on imports for transformers, with about 80% of its supply coming from abroad, and a projected 30% supply gap by 2025 [2] - Europe is investing €584 billion to expand its grid but is facing delays due to transformer shortages [2] Market Dynamics - China, which accounts for 60% of global transformer production capacity, is positioned to be a key player in the global grid upgrade and AI expansion [2] - The increase in orders and extended delivery times for domestic transformer companies indicate a robust market driven by infrastructure investments and AI data center expansions [2] - According to customs data, China's transformer exports reached 2.872 billion units in 2025, a year-on-year increase of 4.6%, with total export value rising by 36.3% to 57.86 billion yuan [2] Future Projections - The transformer and grid equipment industry is expected to maintain a positive outlook, with an average annual growth rate of over 5% in national grid investment during the 14th Five-Year Plan period [2] - The combination of rising electricity demand and supply constraints in regions like the U.S. and the Middle East is likely to drive further investment in global grid equipment, potentially entering a super cycle [2]

来源：上海证券报·中国证券网 上证报中国证券网讯 1月13日，电网设备股午后拉升，截至14时02分，三变科技、特变电工、中国西电 涨停，亿能电力涨超20%，安靠智电、灿能电力涨超10%。 ...

Group 1 - Guodian NARI (600406) is a state-owned enterprise based in Nanjing, recognized as a benchmark for scientific reform among central enterprises, with a strong research and development system and significant achievements in grid technology [1] - The company has a market share of over 75% in dispatch automation systems and over 50% in UHV converter valves, with its products addressing grid stability issues caused by renewable energy generation [1] - The demand for AI computing power and electricity is driving the construction of new power systems, and the company is expanding its overseas business, exporting products like distribution transformers to multiple countries [1] Group 2 - Suyuan Electric (002028) is a comprehensive supplier of power transmission and distribution based in Shanghai, focusing on UHV and energy storage sectors, and is the largest manufacturer of high-voltage packages and coils in China [2] - The company expects 60% of its overseas revenue in 2024 to come from transformers, with overseas orders growing over 50% and a remarkable 89% growth in the first half of 2025 [2] - The surge in demand for high-voltage transmission and distribution equipment driven by AI computing centers and new energy projects presents significant growth opportunities for the company [2] Group 3 - China XD Electric (601179) is a state-owned enterprise based in Xi'an, specializing in high and ultra-high voltage transformers and power transmission and distribution equipment, capable of producing products across a voltage range of 10kV to 1000kV [3] - The company has a significant market share in UHV projects and has seen an increase in exports to Europe, with its technology reaching international advanced levels [3] - The demand for UHV technology is increasing due to the need for long-distance power transmission, and the company is well-positioned to meet both domestic and international market needs [3] Group 4 - Baobian Electric (600550) is a core supplier of UHV DC transformers based in Baoding, with a strong position in high-end transformers and a market share of 30% in UHV products [4] - The company has unique technologies that reduce material costs and has participated in major projects, exporting to over 40 countries [4] - The urgent demand for high-reliability transformers driven by AI computing centers and new energy power stations positions the company to benefit from both domestic and international projects [4] Group 5 - Jinpan Technology (688676) is a leading global manufacturer of dry-type transformers based in Haikou, focusing on wind and solar energy applications, with 98% of its products supporting renewable energy [5] - The company has a significant order backlog of 2.85 billion yuan for 2025, reflecting a substantial year-on-year growth of 180% [5] - The increasing demand for efficient dry-type transformers from AI computing centers and the proliferation of renewable energy generation presents a strong growth opportunity for the company [5] Group 6 - Mingyang Electric (301291) is a leader in offshore wind power transformers based in Zhongshan, specializing in dry-type transformers and prefabricated substations [6] - The company has developed products that meet the extreme conditions of offshore environments and is expected to achieve significant sales in North America by 2026 [6] - The growing demand for offshore wind power and the urgent need for grid upgrades in North America provide ample order support for the company [6] Group 7 - Teruid (300001) is a pioneer in outdoor box-type power equipment based in Qingdao, recognized as a champion enterprise in manufacturing [7] - The company has a complete technology system for modular prefabricated substations and has a leading market share in the new energy sector [7] - The demand for modular products from AI computing centers and the need for grid upgrades position the company to capture significant market growth [7] Group 8 - XJ Electric (000400) is a high-tech enterprise based in Xuchang, focusing on UHV and smart grid technologies, with a comprehensive industrial chain covering all aspects of power transmission and distribution [8] - The company has participated in all domestic UHV DC transmission projects and has a strong patent portfolio [8] - The growth in AI computing and electricity demand is accelerating the construction of smart grids, providing competitive advantages for the company [8] Group 9 - Sifang Co., Ltd. (601126) is based in Beijing and has a strong advantage in smart distribution networks, providing a full range of products for self-healing control and primary and secondary integration [9] - The company has implemented its products in over 30 provinces and cities, significantly improving efficiency in power distribution [9] - The demand for reliable power supply from AI computing centers and the ongoing digital transformation of distribution networks present broad development opportunities for the company [9] Group 10 - Samsung Medical (601567) is based in Ningbo and operates in both smart power distribution and medical services, covering a wide range of products in the power equipment sector [10] - The company has established manufacturing bases in multiple locations and has a marketing presence in over 70 countries [10] - The construction of AI computing centers and new energy projects requires substantial power distribution equipment, positioning the company to benefit from global demand growth [10]

Market Overview - The market experienced a pullback today, with the Shanghai Composite Index down by 0.64%, the Shenzhen Component down by 1.37%, the ChiNext Index down by 1.96%, and the Northern Stock 50 Index down by 2.5% [1][15] - The total market turnover reached a record high of 36,987 billion yuan [1][15] Sector Performance - The medical industry chain was active, with the medical services sector showing strength. Notable stocks such as NuoSiGe, HongBo Pharmaceutical, and PuRuiSi hit the daily limit, while MeiNian Health achieved a three-day limit with a market value of 29.005 billion yuan [3][17] - The AI application sector continued its upward trend, with stocks like TongDaHai and TianLong Group also hitting the daily limit [3][18] - The precious metals sector saw significant gains, with stocks like XiaoCheng Technology and Hunan Silver leading the rise [5][20] Precious Metals Market - The precious metals sector was among the top gainers today, with gold prices fluctuating around 4,580 USD per ounce as the market awaited U.S. inflation data [6][21] - The main silver contract closed up nearly 6% [7][22] - The Chicago Mercantile Exchange announced changes to the margin requirements for gold, silver, platinum, and palladium contracts, which may lead to increased caution in market trading [9][24] - Recent geopolitical tensions have heightened market risk aversion, contributing to a strong performance in the precious metals market [9][24] Electric Power Sector - The electric power sector saw a surge in activity in the afternoon, particularly in the power transmission and transformation equipment sector, with stocks like YiNeng Electric and Shuangjie Electric showing significant gains [10][25] - SanBian Technology experienced a rapid increase, hitting the daily limit within four minutes, with a closing price of 17.48 yuan per share [10][25] Renewable Energy Initiatives - The National Energy Administration issued guidelines for the management of renewable energy green power certificates to promote high-quality market development [12][27] - A joint initiative by several government departments aims to expand the application of green electricity in industrial sectors and promote energy conservation and carbon reduction [12][27] Data Center Industry Growth - The data center industry in China is expected to enter a phase of explosive growth, with market size projected to exceed 318 billion yuan by 2025 and reach 1.2 trillion yuan by 2030, driven by increased AI computing demand [13][28]

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 天眼查资料显示，西安西电光电缆有限责任公司，成立于2001年，位于西安市，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34542万人民币。通过天眼查大数据分析，西安 西电光电缆有限责任公司参与招投标项目5000次，专利信息141条，此外企业还拥有行政许可53个。 中国西电集团有限公司，成立于1993年，位于西安市，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600000万人民币。通过天眼查大数据分析，中国西电集团有限公司共对外投资了30家 企业，参与招投标项目2819次，专利信息627条，此外企业还拥有行政许可16个。 国家知识产权局信息显示，西安西电光电缆有限责任公司、中国西电集团有限公司取得一项名为"一种 纸包铜绞线的生产装置及生产方法"的专利，授权公告号CN120727384B，申请日期为2025年9月。 ...

Group 1 - China Xidian Electric Co., Ltd. experienced a stock price increase of 5.27%, reaching 11.99 CNY per share, with a trading volume of 3.665 billion CNY and a turnover rate of 6.34%, resulting in a total market capitalization of 61.459 billion CNY [1] - The company, established on April 30, 2008, and listed on January 28, 2010, specializes in the research, design, manufacturing, sales, testing, and engineering contracting of power transmission and distribution equipment [1] - The main revenue components of the company include transformers (43.67%), switches (37.56%), headquarters and trading business (8.26%), power engineering and electronics (3.53%), research and testing (3.28%), capacitors (2.58%), insulators and lightning arresters (0.97%), and secondary equipment (0.14%) [1] Group 2 - Among the top ten circulating shareholders of China Xidian, the fund "China Europe Times Pioneer Stock A" (001938) increased its holdings by 2 million shares in the third quarter, totaling 22 million shares, which represents 0.43% of the circulating shares [2] - The fund has achieved a year-to-date return of 4.19%, ranking 3396 out of 5517 in its category, and a one-year return of 68.11%, ranking 741 out of 4203 [2] - The fund manager, Zhou Weiwen, has a tenure of 19 years and 65 days, with a total fund asset size of 33.659 billion CNY and a best return of 605.04% during his tenure [3]