Group 1 - The core point of the article is that the controlling shareholder of Mingyang Smart Energy plans to acquire control of Zhongshan Dehua Chip Technology Co., Ltd. through a combination of issuing shares and cash payment [1] - The transaction is currently in the planning stage, and the valuation of the target company has not been finalized [1] - Details regarding the transaction amount, the ratio of shares to cash payment, and other specifics have yet to be determined [1] Group 2 - The company's stock will be suspended from trading starting January 13, 2026, with an expected suspension period not exceeding 10 trading days [1]

证券代码：601615 证券简称：明阳智能 公告编号：2026-003 明阳智慧能源集团股份公司 第三届董事会第二十九次会议决议公告 本公司董事会及董事会全体成员保证公告内容不存在虚假记载、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。 明阳智慧能源集团股份公司（以下简称"公司"）第三届董事会第二十九次 会议于 2026 年 1 月 12 日以通讯表决的方式召开。本次会议于 2026 年 1 月 6 日 以书面、电话、邮件等方式通知各位董事，与会的各位董事已知悉与所议事项相 关的必要信息。本次会议应到董事 11 人，实到董事 11 人。会议由公司董事长张 传卫先生主持，本次会议的召开符合《中华人民共和国公司法》、《明阳智慧能源 集团股份公司章程》和《董事会议事规则》等有关规定，会议决议合法有效。 经公司董事会审议，通过了以下议案： 1、审议通过《关于公司聘任内部审计部负责人的议案》 本议案经公司审计委员会审议通过后提交董事会审议。 同意聘任魏会龙先生为公司内部审计部负责人，任职期限自董事会审议通过 之日起至本届董事会任期届满之日止。 表决结果：同意票 11 票，反对票 0 票，弃权 ...

Group 1 - A total of 113 stocks in the Shanghai and Shenzhen markets have experienced net inflows of main funds for five consecutive days or more as of January 12 [1] - The stock with the longest consecutive net inflow is Yuanxin Industrial, with 12 days of inflows, followed by Fenglong Co., which has 11 days of inflows [1] - Mingyang Smart Energy has the highest total net inflow amount, with 933 million yuan over five days, while Focus Media follows with 845 million yuan over six days [1] Group 2 - Fenglong Co. has the highest proportion of net inflow relative to trading volume, with a 185.42% increase over the past 11 days [1] - The stocks with significant net inflows include Star Ring Technology with 767 million yuan and a 84.67% increase, and Kaiying Network with 754 million yuan and a 20.76% increase [1] - Other notable stocks with net inflows include Hangzhou Bank, Zhite New Materials, and Luxin Venture Capital, each showing varying degrees of price increases and net inflows [1][2]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 688660 | 电气风电 | 17.19 | -4.45% | 40.45万 | 6.97亿 | | 002487 | 大全車工 | 51.09 | -4.33% | 24.75万 | 12.71亿 | | 301155 | 海力风电 | 78.72 | -3.51% | 1 6.66万 | 5.25亿 | | 603063 | 天望电气 | 33.17 | -1.81% | 30.21万 | 10.05亿 | | 603507 | 振江股份 | 29.46 | -1.60% | 16.53万 | 4.81亿 | | 603092 | 德力佳 | 68.07 | -0.97% | 2.77万 | 1.88亿 | | 300904 | 威力传动 | 65.20 | -0.49% | 2.12万 | 1.38亿 | | 300850 | 新强联 | 44.57 | -0.47% | 13.60万 | 6.05亿 | | 300443 | 金雷股份 | ...

Investment Rating - The report maintains an "Outperform" rating for the industry [2] Core Insights - The space photovoltaic sector is gaining attention as leading companies increase investment in perovskite solar cell research and industrialization, which is expected to open new application scenarios for photovoltaics [6][7] - The deep-sea wind power project in Shandong has received approval, marking significant progress in the development of offshore wind energy, with expectations for substantial growth in this sector [6][11] - The energy storage and hydrogen sectors are seeing regulatory efforts to standardize competition, aiming to improve market order and sustainability [7] Summary by Sections Wind Power - The Shandong deep-sea wind power project has been approved, with a total capacity of 3000MW, utilizing 214 wind turbines of 14MW each [11] - The wind power index increased by 10.39%, outperforming the CSI 300 index by 7.60 percentage points, with a current PE_TTM of approximately 27.30 times [12] - The approval of the project indicates a significant advancement in offshore wind energy, supported by technological maturity and favorable policies [11] Photovoltaics - The space photovoltaic concept is gaining traction, with companies focusing on perovskite solar cells due to their lightweight and high-efficiency characteristics, which are suitable for space applications [6] - The photovoltaic equipment index rose by 3.86%, with the solar cell component index increasing by 5.82% [5] - The current PE_TTM for the photovoltaic sector is around 47.28 times, indicating strong market interest [5] Energy Storage & Hydrogen - A meeting held by various government bodies highlighted the rapid development of the energy storage and hydrogen battery industries, emphasizing the need for regulatory measures to curb irrational competition [7] - The energy storage index increased by 5.74%, with a current PE_TTM of 31.06 times, reflecting a healthy market outlook [5] - Recommendations for investment include companies with strong competitive positions in energy storage and distributed energy sectors [7]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The commercial aerospace sector is experiencing robust growth driven by policy support, indicating a critical turning point in commercialization. Satellite frequency and orbital resources are scarce strategic assets globally, with developed countries like the US leveraging early investments and SpaceX's advantages to secure significant frequency resources. China has recognized commercial aerospace as a vital strategic area, intensifying policy support to accelerate satellite network deployment [3][8] - Solar photovoltaic (PV) technology is the primary long-term energy source for satellites, with current applications focused on communication satellites. The global solar PV market is projected to reach between 80 billion to 120 billion yuan, assuming the price of gallium arsenide batteries is approximately 200,000 yuan per square meter and an annual launch of 4,000 to 6,000 satellites, each with solar wings of 100 square meters. Elon Musk's plan to deploy 100GW of computing power annually by 2030 could transition space PV from "satellite auxiliary power" to "large-scale energy infrastructure," potentially expanding the market from a hundred billion to a trillion yuan scale [4][8][9] Summary by Sections Section 1: Electric New Energy - The solar PV market is set to expand significantly, driven by the unique energy demands of satellites and large-scale space data centers. The technology is evolving from multi-junction gallium arsenide to P-type HJT and perovskite/silicon tandem cells, which are better suited for the harsh conditions of space. P-type HJT batteries offer advantages such as radiation resistance, lightweight, high efficiency, and cost-effectiveness, making them ideal for space applications [9] - The market for HJT technology is expected to grow as it moves away from competitive pressures in the terrestrial PV market, positioning it as a mainstream technology globally [9][10] Section 2: Investment Recommendations - Key companies recommended for investment include Maiwei Co., Jin Feng Technology (H), and Zhongji Anruike. Companies related to equipment such as Jiejia Weichuang and Aotewei are suggested for attention, along with battery and module companies like Dongfang Risheng, Junda Co., Jinko Solar, Trina Solar, and Mingyang Smart Energy. Other companies in the commercial aerospace supply chain include Jin Feng Technology (A), Jiufeng Energy, Xinle Energy, Guoci Materials, Jing Shan Light Machine, Saiwu Technology, Jinjing Technology, and Taisheng Wind Energy [10]

Group 1 - The core view of the report indicates that domestic wind power demand is steadily increasing, with a significant focus on offshore wind development, which is expected to accelerate under the "14th Five-Year Plan" [1][47] - The report anticipates that the installed capacity of wind power during the "14th Five-Year Plan" will reach 130GW annually, with the proportion of wind power in new energy installations expected to rise from 25% to 50% [1][38] - The report highlights that the European offshore wind market is expected to continue its rapid growth, with a total planned capacity of nearly 100GW, supported by government policies and subsidies [2][51] Group 2 - The domestic wind turbine market is experiencing price increases, with an average bidding price for onshore wind turbines rising by approximately 12% in 2025 compared to 2024 [3][13] - The report notes that the domestic turbine manufacturers are gaining market share in overseas markets, with a projected overseas market share of about 14% in 2024 [3][41] - The report emphasizes the importance of high-voltage direct current (HVDC) technology in the domestic submarine cable market, predicting a significant increase in demand for submarine cables due to the growth of offshore wind and power interconnection projects [4][47] Group 3 - The report identifies a turning point in profitability for domestic marine engineering companies, with increased capacity utilization expected to enhance profitability [5][47] - The report suggests that the domestic marine engineering sector is well-positioned to expand in the European market, where demand for offshore wind foundations is high [5][51] - The report highlights the tight supply of offshore wind foundations in Europe, indicating a potential for domestic companies to capture significant market share [5][51] Group 4 - The report recommends focusing on key companies in the wind power sector, including Goldwind Technology, Yunda Co., and Mingyang Smart Energy, among others [6][10] - The report also highlights the importance of companies involved in submarine cables and marine engineering, such as Daikin Heavy Industries and Dongfang Cable [6][10] - The report indicates that component manufacturers, including Delijia and Weili Transmission, are expected to see increased demand due to the growth of the wind power sector [6][10]

证券代码：601615 证券简称：明阳智能 公告编号：2026-002 明阳智慧能源集团股份公司 关于使用闲置募集资金进行现金管理的进展公告 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。 重要内容提示： | 产品名称 | 中国建设银行广东省分行单位人民币定制型 | | --- | --- | | | 结构性存款 | | 受托方名称 | 中国建设银行股份有限公司中山市分行（以下 简称"建行中山分行"） | | 购买金额 | 37,000.00 万元 | | 产品期限 | 19 天 | | 特别风险提示（如有请勾选） | 其他：不适用_ | 基本情况 风险提示 公司本次购买的是安全性高、流动性好、具有合法经营资格的金融机构销售 的保本型产品，但仍不排除因市场波动、宏观金融政策变化等原因引起的影响收 益的情况。提醒广大投资者注意投资风险。 | 序 | 受托方 | 产品名称 | 赎回本金 | 赎回利息 | 公告索引 | | --- | --- | --- | --- | --- | --- | | 号 | 名称 | | （万元） | ...

Market Overview - The Shanghai Composite Index rose by 0.92% on January 9, with 29 out of the sectors in the Shenwan classification experiencing gains, led by the media and comprehensive sectors, which increased by 5.31% and 3.60% respectively [2] - The power equipment sector saw a modest increase of 0.69%, while the banking and non-bank financial sectors faced declines of 0.44% and 0.20% respectively [2] Capital Flow Analysis - The main capital flow showed a net outflow of 24.126 billion yuan across the two markets, with 8 sectors experiencing net inflows. The media sector led with a net inflow of 9.703 billion yuan, followed by the non-ferrous metals sector with a 2.78% increase and a net inflow of 4.552 billion yuan [2] - A total of 23 sectors experienced net outflows, with the electronics sector leading the outflow at 9.149 billion yuan, followed closely by the power equipment sector with an outflow of 8.936 billion yuan [2] Power Equipment Sector Performance - Within the power equipment sector, 365 stocks were tracked, with 228 stocks rising and 128 stocks declining. Four stocks hit the daily limit up [3] - The top three stocks with significant net inflows included Mingyang Smart Energy with a net inflow of 398 million yuan, followed by Xian Dao Intelligent and Hai Lu Heavy Industry with inflows of 396 million yuan and 366 million yuan respectively [3] - Conversely, the stocks with the highest net outflows included Sunshine Power with an outflow of 789 million yuan, Huazhong Cable with 746 million yuan, and Far East Holdings with 546 million yuan [5] Notable Stocks in Power Equipment Sector - The top gainers in the power equipment sector included: - Mingyang Smart Energy: +6.81%, turnover rate 10.35%, net inflow 398.49 million yuan - Xian Dao Intelligent: +2.44%, turnover rate 7.85%, net inflow 395.67 million yuan - Hai Lu Heavy Industry: +7.80%, turnover rate 31.55%, net inflow 365.60 million yuan [4] - The stocks with the largest capital outflows included: - Sunshine Power: -1.11%, turnover rate 3.78%, net outflow -788.91 million yuan - Huazhong Cable: +2.08%, turnover rate 56.20%, net outflow -745.81 million yuan - Far East Holdings: -3.30%, turnover rate 16.49%, net outflow -546.58 million yuan [5]

Group 1 - The core point of the news is that Mingyang Smart Energy has seen a significant stock price increase, rising 10.03% to 18.43 CNY per share, with a total market capitalization of 41.679 billion CNY and a cumulative increase of 16.72% over the past five days [1] - Mingyang Smart Energy, established on June 2, 2006, and listed on January 23, 2019, is based in Zhongshan, Guangdong Province, and specializes in high-end equipment manufacturing for renewable energy, investment and operation of renewable energy power plants, and intelligent management [1] - The company's main business revenue is entirely derived from product sales, accounting for 100% of its income [1] Group 2 - According to data from the top ten holdings of funds, Huatai-PineBridge Fund has a significant position in Mingyang Smart Energy, with its Huatai-PineBridge Technology Innovation Mixed Fund A holding 67,800 shares, representing 3.18% of the fund's net value, making it the seventh-largest holding [2] - The Huatai-PineBridge Technology Innovation Mixed Fund A, established on September 19, 2023, has a total scale of 32.0752 million CNY and has achieved a year-to-date return of 11.35%, ranking 133 out of 8,827 in its category [2] - The fund manager, Liu Tengfei, has been in position for 82 days, with the fund's total assets amounting to 456 million CNY, achieving a best return of 16.3% and a worst return of 3.87% during his tenure [2]