FF305 第 1 頁 共 7 頁 v 1.3.0 | 1). | 購回A股股份 (股份購回擬註銷但尚未註銷) | 1,600,000 | 0.01 % | RMB | 7.36 | | --- | --- | --- | --- | --- | --- | | | 變動日期 2025年6月12日 | | | | | | 2). | 購回A股股份 (股份購回擬註銷但尚未註銷) | 600,000 | 0.005 % | RMB | 7.25 | | | 變動日期 2025年6月17日 | | | | | | 3). | 購回A股股份 (股份購回擬註銷但尚未註銷) | 6,004,300 | 0.05 % | RMB | 7.29 | | | 變動日期 2025年6月18日 | | | | | | 4). | 購回A股股份 (股份購回擬註銷但尚未註銷) | 1,400,000 | 0.01 % | RMB | 7.34 | | | 變動日期 2025年7月2日 | | | | | | 5). | 購回A股股份 (股份購回擬註銷但尚未註銷) | 2,900,000 | 0.02 % | RMB | 7.32 | ...

Group 1 - The top ten stocks with net financing purchases on July 29 include: Xinyi Technology (1.14 billion), Cambricon (780 million), WuXi AppTec (356 million), Guotai Junan (257 million), Minsheng Bank (241 million), Yili (219 million), Huatai Securities (202 million), Shanghai Electric (202 million), Fosun Pharma (199 million), and Huayou Cobalt (195 million) [1]

Group 1 - The World Artificial Intelligence Conference (WAIC) opened on July 26, 2025, coinciding with the unveiling ceremony of Dongjie Zhikong (Shanghai) Technology Co., Ltd [1] - Dongjie Zhikong is a joint venture established by Shanghai Electric (601727) and Dechang Automotive Electric Co., Ltd, focusing on core technology for humanoid robot joint modules [1] - The company is located in the "Shanghai Silicon Alley" in Changning District, highlighting the region's emphasis on technological innovation [1] Group 2 - Key officials present at the unveiling included Zhang Wei, Secretary of the Changning District Committee, Liu Ping, Deputy Secretary and District Mayor, and executives from Shanghai Electric and Dechang Electric [1]

Investment Rating - The investment rating for the electric equipment and new energy industry is "Outperform the Market" (maintained) [2][7]. Core Viewpoints - The global first large-scale green hydrogen coupled biomass gasification to produce green methanol integrated demonstration project has been officially launched, providing a new technical route and business model for large-scale green electricity consumption [3][4]. - The green methanol market is expected to have significant applications in transportation, chemicals, and energy sectors, with a broad future market space [3][8]. - The project by Hong Kong and China Gas has successfully delivered 5,000 tons of ISCC EU certified green methanol for its Singapore refueling operations, marking a significant step in the green methanol business [6]. Summary by Sections Project Developments - The Shanghai Electric Taonan City wind power coupled biomass green methanol project has officially launched its first phase with an annual production capacity of 50,000 tons, and the second phase is expected to start construction in the second half of the year [4]. - The project includes advanced facilities such as a 67.2 MW wind power system and a 10,000 Nm³ hydrogen storage unit, aiming for a total annual production of 250,000 tons of green methanol upon full operation [4][5]. Market Opportunities - The establishment of joint ventures, such as the one between Hong Kong and China Gas and Fuan Energy, aims to build green methanol production bases with a target annual capacity of 1 million tons across various regions [8]. - The green methanol production is anticipated to provide a new direction for renewable energy consumption, with significant potential in various industries [3][8]. Financial Projections - The financial forecasts for related companies indicate a positive outlook, with Jin Feng Technology projected to achieve a net profit of 1.86 billion RMB in 2024, increasing to 3.66 billion RMB by 2026 [10]. - Yun Da Co., Ltd. is also expected to see growth, with net profits projected to rise from 460 million RMB in 2024 to 960 million RMB in 2026 [10].

上海电气携众多具身智能机器人产业领域最新成果亮相WAIC 2025 7月26日至28日，2025世界人工智能大会暨人工智能全球治理高级别会议在上海举办。此次大会，上海 电气携众多具身智能机器人产业领域最新成果亮相，并且重磅发布全新自研人形机器人 "溯元"。依托 在智能制造领域深耕经验和多元工业场景优势，上海电气紧跟人形机器人产业演进，正加速推进人形机 器人产品迭代和商业化落地，驱动复杂工业场景智能化升级，致力成为国内领先的垂直领域人形机器人 产品及解决方案的提供商。 上海电气重磅发布自研人形机器人产品"溯元"，以"工业基因·场景定制"为开发理念 赋能工业升级，重磅发布"溯元"人形机器人 7月26日，上海电气在展台重磅发布自研人形机器人产品——"溯元"。以"工业基因·场景定制"为开发理 念，"溯元"的问世标志着公司在人形机器人应用领域取得重要进展。 在身形与性能参数方面，"溯元"身高167厘米，体重50千克，身形设计符合人体工学原理，能够在多种 工业环境中灵活行动；同时，全身拥有38个自由度，具备高灵活度和协调性，可覆盖工业场景精细操作 以及大幅度动作。在运动能力方面，"溯元"的行走速度可达5千米/小时，负重能 ...

Group 1 - The core index, the Guozheng Free Cash Flow Index, has decreased by 0.37% as of July 25, 2025, with mixed performance among constituent stocks, including leading gains from companies like Lianxu Electronics and Huaren Health, while companies like Yaxiang Integration and Zhejiang Construction led the declines [1] - The Free Cash Flow ETF (159201) also fell by 0.37%, with the latest price at 1.07 yuan. Over the past week, the ETF has seen a cumulative increase of 3.47%, ranking first among comparable funds [1] - In terms of liquidity, the Free Cash Flow ETF had a turnover of 0.91% during the trading session, with a transaction volume of 36.4183 million yuan. The average daily transaction volume over the past week reached 335 million yuan, ranking first among comparable funds [1] Group 2 - The Free Cash Flow ETF has attracted a total of 170 million yuan in the last five trading days, with its latest scale reaching 4.007 billion yuan, marking a new high since its inception and ranking first among comparable funds [1] - The management fee for the Free Cash Flow ETF is 0.15%, and the custody fee is 0.05%, making it the lowest among comparable funds [3] - As of June 30, 2025, the top ten weighted stocks in the Guozheng Free Cash Flow Index accounted for 57.97% of the index, including SAIC Motor, China National Offshore Oil, Midea Group, and Gree Electric [3][5]

Core Viewpoint - Shanghai Electric Group's leadership is actively engaging with global partners to enhance collaboration in the nuclear energy sector, focusing on safety, technology, and market expansion [1] Group 1: Company Engagement - Shanghai Electric Group's Chairman Wu Lei led a delegation to visit the headquarters of KSB in Germany [1] - The meeting included discussions with KSB's CEO Stefan Timmermann and representatives from China National Nuclear Power Engineering Co., Ltd [1] Group 2: Discussion Topics - The three parties engaged in in-depth discussions on the safety of the nuclear energy industry chain [1] - Topics included emerging technology cooperation, localization innovation, and global market expansion strategies [1]

截至发稿， 上海电气(02727.HK)涨8.76%、 东方电气(01072.HK)涨4.38%、 信义光能(00968.HK)涨 2.61%。 ...

上海电气集团股份有限公司 关于公司董事离任及高级管理人员变动的公告 证券代码：601727 证券简称：上海电气 公告编号：临 2025-040 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。 上海电气集团股份有限公司（以下简称"公司"）于 2025 年 7 月 公司董事离任及高级管理人员变动事项： 一、董事、高级管理人员离任情况 （一）离任的基本情况 是否继续 是否存 在上市公 具体职务 在未履 姓名 离任职务 离任时间 离任原因 司及其控 （如适 行完毕 股子公司 用） 的公开 任职 承诺 董鑑华 董事、副总裁 2025 年 7 月 22 日 至今（注 1） 年龄原因 否 不适用 否 阳虹 副总裁 2025 年 7 月 22 日 至今（注 1） 工作变动 否 不适用 否 财务总监、董 傅敏 2025 年 7 月 22 日 至今（注 1） 工作变动 是 纪委书记 否 事会秘书 注：公司第五届董事会于 2021 年 9 月 17 日任期届满。鉴于公司新一 届董事会董事候选人的提名及相关工作尚未完成，为保证公司董事会 相关工作的连 ...

Core Viewpoint - Shanghai Electric Group Co., Ltd. plans to abolish its supervisory board and amend its articles of association to enhance corporate governance and comply with legal and regulatory requirements [1][2]. Group 1: Corporate Governance Changes - The company will cancel the supervisory board, transferring its responsibilities to the audit committee of the board of directors [1][2]. - Amendments to the articles of association will include the removal of references to the supervisory board and related terms, replacing them with "audit committee" [2][3]. Group 2: Legal Compliance - The changes are in accordance with the Company Law of the People's Republic of China and relevant regulations from the Shanghai Stock Exchange [1][2]. - The board of directors has approved the proposal to abolish the supervisory board and amend the articles of association, which will be submitted for shareholder approval [2].