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全国首列氢能文旅列车在长春下线,我国绿色轨道交通应用实现重要突破
Zhong Guo Jing Ji Wang· 2025-10-16 09:04
与会嘉宾还参观了中国中车现代产业链融通发展共链行动主题展。展览包括氢能应用场景展、吉林氢能 产业展、氢能装备展、风光储氢一体化解决方案展、产业集群展等部分,全面了解中国中车新能源、新 装备、新应用及产业链发展情况和成果。当日下午,大会还组织三场平行会议,围绕科技创新自主化、 应用场景供需对接、产业链供应链建设等议题展开深入交流,着力构建轨道交通装备、清洁能源装备与 氢能产业链共链融通的良好生态。 中国中车党委常委、副总裁林存增表示,"氢春号"氢能列车是中国中车与吉林省共链共建的典型产品, 融合了绿色出行和城市文旅特色。目前。中国中车在吉林已经形成了合作伙伴近1300家、总产值超700 亿元的区域产业集群。未来,中国中车将依托吉林资源禀赋、产业基础、应用场景,不断发挥产业优 势、技术优势、资本优势,深化央地合作,构建氢能产业新集群,推进氢能产业高质量发展,打造产业 链融合共建样板。 中国中车党委书记、董事长孙永才表示,作为我国轨道交通装备行业唯一一家产业化集团和我国清洁能 源装备重要骨干企业,中国中车秉持"连接世界、造福人类"使命,致力构建轨道交通装备与清洁能源装 备"双赛道双集群"产业发展新格局,在加快建设现 ...
中国中车推动氢能列车产业链布局 首列氢能文旅列车下线
Zhong Guo Xin Wen Wang· 2025-10-16 08:57
Core Viewpoint - The launch of China's first hydrogen-powered cultural tourism train, "Hydrogen Spring," marks a significant step towards the commercialization of hydrogen energy in rail transport, showcasing advancements in clean energy and rail technology [2][5]. Group 1: Hydrogen Train Development - "Hydrogen Spring" is developed by CRRC Changchun Railway Vehicles Co., featuring a hydrogen power system that operates without overhead power lines, producing only water as a byproduct, achieving zero carbon emissions [2]. - The train is designed to operate stably in low-temperature environments and can be flexibly configured with 1 to 6 cars, making it suitable for urban commuting and cultural tourism routes [2]. - This model aims to reduce construction and operational costs while addressing the low-capacity rail transport market [2]. Group 2: Industry Collaboration and Agreements - The China CRRC Modern Industrial Chain Integration Development Conference was held to focus on the collaboration between rail transport equipment, clean energy equipment, and hydrogen energy industries, promoting a new type of industrial ecosystem based on cooperation [5]. - CRRC Group signed a "Hydrogen Energy Industry Chain Cooperation Agreement" with the Jilin provincial government to jointly promote the application of hydrogen trains and the layout of the industry chain [7]. - Additional agreements were signed between CRRC Changchun and various partners for projects related to intercity hydrogen trains and seawater hydrogen production, indicating a strong commitment to advancing hydrogen technology in the rail sector [7].
资阳国际合作“朋友圈”扩容
Si Chuan Ri Bao· 2025-10-15 20:31
Keeway西南生产基地,工人在发动机 组装、车辆调试等工序上有序作业。 资阳观察 吴昊江 摄 □四川日报全媒体记者 田姣 资阳观察 吴昊江 10月11日,Keeway易行时代在资阳举办国内首届"Morbidelli Days"(摩比德利日)全球经销商大 会,吸引了来自全球40多个国家和地区的500余名经销商、供应商及合作伙伴。有着意大利血统的 摩托车品牌摩比德利(Morbidelli)在会上亮相,标志着该品牌正式在资阳投产。 同一天,四川欧福蛋业(资阳)生产基地智能车间正在进行第三轮试产。公司负责人樊永东忙着 筹备一周后母公司——丹麦THORNICO集团创始人一行来雁江考察的各项事宜。 "请进来"共谋发展,"走出去"开拓商机。今年以来,资阳持续扩大国际"朋友圈",积极开展对外 交流和经贸合作,促进外资外贸稳中求进。 "请进来"共谋发展 10月11日下午,来自哥斯达黎加的经销商何塞·洛佩兹·加列戈斯与280余名海外经销商一道,参观 了位于资阳临空经济区的Keeway西南生产基地。去年4月摩比德利在被Keeway集团收购后,其全 球核心制造基地便落在了资阳。 让何塞等海外经销商感到惊喜的,除了智能化、现代化的生 ...
轨交设备板块10月15日涨1.38%,祥和实业领涨,主力资金净流出778.1万元
Zheng Xing Xing Ye Ri Bao· 2025-10-15 08:37
| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 688367 | 工大高科 | 21.42 | -1.88% | 2.32万 | - 4995.57万 | | 600458 | 时代新材 | 16.04 | -1.35% | 32.76万 | - 5.22 Z | | 688569 | 铁科轨道 | 21.57 | -0.19% | 9380.88 | 2026.15万 | | 6008899 | 中国通号 | 5.46 | -0.18% | - 38.63万 | 2.10亿 | | 603680 | 今创重团 | 12.72 | -0.08% | 3.90万 | 4910.64万 | | 000008 | 神州高铁 | 2.90 | 0.00% | 49.08万 | 1.42亿 | | 920027 | 交大铁发 | 26.51 | 0.23% | 7230.53 | 1918.85万 | | 300851 | 交大思诺 | 26.38 | 0.23% | 8499.0 | 2254.49万 ...
投资者报告 - 中国工业领域更新-Investor Presentation-China Industrials Update
2025-10-15 03:14
Summary of China Industrials Update Industry Overview - **China Industrials** is currently experiencing an upcycle driven by industrial upgrade and replacement cycles [6][6][6] - Key long-term drivers identified include: - AI technology diffusion into intelligent manufacturing and equipment - Advanced equipment localization - Global expansion [6][6][6] - The robotics sector is entering a new booming era, with significant growth anticipated [6][6][6] Subsector Insights - **Automation, Robotics, and AIDC Equipment**: - Rated as Overweight (OW) with key stocks including Inovance, Geekplus, Han's Laser, Shuanghuan, Hongfa, and Neway Valve [6][6][6] - **Construction Machinery**: - Rated as Overweight (OW) with key stocks including Sany, Hengli Hydraulic, and Zoomlion [6][6][6] - **Lithium Battery Equipment**: - Rated as Overweight (OW) with key stocks including Wuxi Lead and Hangke [6][6][6] - **Heavy Duty Trucks and Railway Equipment**: - Rated as Equal Weight (EW) with key stocks including Weichai, Sinotruck, and CRRC [6][6][6] - **Solar Equipment and Infrastructure E&C**: - Rated as Underweight (UW) with key stocks including SC New Energy and CSCEC [6][6][6] Market Performance - The automation market showed a mild recovery with a 1% year-on-year increase in sales for 1H25, indicating a less intense competitive environment compared to the previous year [28][28][28] - Anticipated recovery in 2026-27 driven by: - Replacement demand from equipment sold during the 2020-21 capex upcycle - New capex demand from AI applications - Continued benefits from overseas capacity expansion [28][28][28] Financial Metrics - **Return on Equity (ROE)**: Mixed trends observed across subsectors, with growth in ROE for lithium battery equipment, automation, and construction machinery, while solar equipment and E&C show eroding ROE [20][20][20] - **Sector P/E Multiples**: Most subsector valuations are above the five-year median, particularly in automation, solar equipment, and lithium battery equipment [13][13][13] Robotics Market Insights - The Chinese robotics market is expected to double by 2028, with significant growth in drones, mobile robots, and collaborative robots (cobots) [62][62][62] - Localization in robotics is increasing, with domestic players gaining market share [76][76][76] - The market for robot components is projected to reach a total addressable market (TAM) of US$40 billion by 2024, with a 23% CAGR anticipated from 2025 to 2028 [86][86][86] Conclusion - The China Industrials sector is poised for growth, driven by technological advancements and increasing localization. Key subsectors such as automation and robotics are expected to lead this growth, with significant investment opportunities identified in specific companies. The overall market dynamics suggest a favorable environment for both established players and new entrants in the industrial landscape [6][6][6][62][62][62]
2025年1-4月中国铁路机车产量为143辆 累计下降6.5%
Chan Ye Xin Xi Wang· 2025-10-15 01:07
Core Insights - The article discusses the current state and future prospects of the Chinese railway locomotive industry, highlighting significant production changes and market analysis [1]. Industry Overview - According to the National Bureau of Statistics, the production of railway locomotives in China reached 49 units in April 2025, representing a year-on-year increase of 172.2% [1]. - From January to April 2025, the cumulative production of railway locomotives was 143 units, showing a cumulative decline of 6.5% compared to the previous year [1]. Companies Mentioned - Listed companies in the railway locomotive sector include China CNR Corporation (601766), China Railway Group (601390), China Railway Construction Corporation (601186), Jinxi Axle (600495), Taiyuan Heavy Industry (600169), Times New Material (600458), Shenzhou High-speed Railway (000008), Kanni Electromechanical (603111), Huihong Technology (002296), and Jin Yi Industrial (601002) [1]. Reports and Research - The article references a report by Zhiyan Consulting titled "Analysis of the Current Market Situation and Future Prospects of the Chinese Railway Locomotive Industry from 2025 to 2031," which provides in-depth industry research and insights [1].
轨交设备板块10月14日跌0.09%,必得科技领跌,主力资金净流出1.23亿元




Zheng Xing Xing Ye Ri Bao· 2025-10-14 08:41
证券之星消息,10月14日轨交设备板块较上一交易日下跌0.09%,必得科技领跌。当日上证指数报收于 3865.23,下跌0.62%。深证成指报收于12895.11,下跌2.54%。轨交设备板块个股涨跌见下表: | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 605001 | 威奧股份 | 7.73 | 1.71% | 9.79万 | 7534.74万 | | 603680 | 今创重团 | 12.73 | 1.60% | 4.32万 | 5508.05万 | | 688485 | 九州一轨 | 13.38 | 0.98% | 2.21万 | 2970.26万 | | 000927 | 中国铁物 | 2.68 | 0.75% | 1 81.69万 | 2.20亿 | | 6888889 | 铁科轨道 | 21.61 | 0.75% | 1.67万 | 3634.13万 | | 601766 | 中国中车 | 7.70 | 0.65% | 133.94万 | 10.28亿 | | 300851 | ...

雅安市委书记廖文彬北京商务拜访:深化央地合作,共绘发展蓝图
Huan Qiu Wang· 2025-10-14 03:27
10月13日,四川雅安市委书记廖文彬率队在北京开展了一系列商务拜访活动,先后走进国家能源集团和 中国中车集团,聚焦清洁能源开发、产业体系建设等关键领域,积极深化央地合作,为雅安的发展探寻 新机遇、注入新动力。 在国家能源集团,廖文彬与集团党组书记、董事长邹磊举行座谈。邹磊表示,国家能源集团始终深入贯 彻落实国家能源安全战略,全力保障能源安全稳定供应。集团与雅安合作基础坚实,未来将紧密围绕服 务国家重大战略,进一步深化在清洁能源资源开发、乡村振兴等领域的务实合作,为地方经济社会发展 贡献更大力量。 廖文彬对此表示感谢,并介绍雅安作为四川省重要水电清洁能源基地,正加快推进光伏、风电资源开发 和抽水蓄能项目建设,着力推动水风光多能互补发展。他希望双方加强沟通、深化共识,在更多领域实 现合作共赢,雅安将全力做好服务保障工作。 廖文彬指出,雅安拥有独特的交通区位优势、高能级载体平台和扎实产业基础,当前正迎来国家战略腹 地建设、川藏铁路等重大战略工程的历史机遇。他希望中车集团将雅安作为西南地区重要战略支点,在 产业布局、技术研发、产业链配套等方面给予重点支持。 此次密集拜访活动展现了雅安市积极对接央企资源,推动清洁能源与 ...
轨交设备板块10月13日跌0.5%,今创集团领跌,主力资金净流入8262.66万元
Zheng Xing Xing Ye Ri Bao· 2025-10-13 12:45
证券之星消息,10月13日轨交设备板块较上一交易日下跌0.5%,今创集团领跌。当日上证指数报收于 3889.5,下跌0.19%。深证成指报收于13231.47,下跌0.93%。轨交设备板块个股涨跌见下表: 从资金流向上来看,当日轨交设备板块主力资金净流入8262.66万元,游资资金净流入1814.89万元,散户 资金净流出1.01亿元。轨交设备板块个股资金流向见下表: | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600458 时代新材 | | 7182.51万 | 6.99% | 2657.66万 | 2.59% | -9840.17万 | -9.57% | | 601766 中国中车 | | 3372.70万 | 3.51% | -3589.80万 | -3.74% | 217.09万 | 0.23% | | 688187 时代电气 | | 3185.20万 | 5.92% | 827.69万 | 1.54% ...
金工定期报告20251013:预期高股息组合跟踪
Soochow Securities· 2025-10-13 10:02
- Model Name: Expected High Dividend Portfolio; Model Construction Idea: The model uses a two-stage approach to construct the expected dividend yield indicator. The first stage calculates the dividend yield based on the annual report's profit distribution, and the second stage predicts and calculates the dividend yield using historical dividends and fundamental indicators. Additionally, two short-term factors affecting dividend yield—reversal factor and profitability factor—are used to assist in screening, and the selection is made from the CSI 300 constituent stocks to construct the expected high dividend portfolio. The portfolio holds 30 stocks each period and rebalances monthly[3][8] - Model Construction Process: 1. Exclude suspended and limit-up stocks from the CSI 300 constituent stocks to form the candidate stock pool[13] 2. Exclude the top 20% of stocks with the highest short-term momentum (i.e., the top 20% of stocks with the highest 21-day cumulative gains) from the stock pool[13] 3. Exclude stocks with declining profitability (i.e., stocks with a negative year-on-year growth rate of quarterly net profit)[13] 4. Rank the remaining stocks in the stock pool by expected dividend yield and select the top 30 stocks with the highest expected dividend yield to construct the portfolio equally weighted[9] - Model Evaluation: The model's historical performance is outstanding, with a cumulative return of 358.90% and a cumulative excess return of 107.44% relative to the CSI 300 Total Return Index. The annualized excess return is 8.87%, with a maximum rolling one-year drawdown of only 12.26% and a monthly excess win rate of 60.19%[11] Model Backtest Results - Expected High Dividend Portfolio, average return in September 2025: -5.35%, underperformed the CSI 300 Index by 8.09% and the CSI Dividend Index by 3.87%[3][14] - Best performing stocks in September 2025: CITIC Special Steel (3.81%), Yutong Bus (-0.35%), Industrial and Commercial Bank of China (-1.75%), Shuanghui Development (-1.90%)[15] Factor Construction and Evaluation - Factor Name: Expected Dividend Yield Factor; Factor Construction Idea: The factor is constructed by predicting dividend distribution using the method of dividend distribution combined with fundamental indicators. Two short-term factors affecting dividend yield—reversal factor and profitability factor—are used to assist in screening[14] - Factor Construction Process: 1. Calculate the dividend yield based on the annual report's profit distribution[8] 2. Predict and calculate the dividend yield using historical dividends and fundamental indicators[8] - Factor Evaluation: The factor is used to assist in screening and constructing the expected high dividend portfolio, which has shown outstanding historical performance[3][8] Factor Backtest Results - Expected Dividend Yield Factor, average return in September 2025: -5.35%, underperformed the CSI 300 Index by 8.09% and the CSI Dividend Index by 3.87%[3][14]