汇安信泰稳健一年持有期混合A（012479）成立日期2021年11月9日，最新规模2102.95万。今年以来收 益0.7%，同类排名7632/8873；近一年收益2.46%，同类排名7706/8119；成立以来亏损8.52%。 2月5日，合锻智能涨0.42%，截至发稿，报26.10元/股，成交8.87亿元，换手率6.95%，总市值129.04亿 元。合锻智能股价已经连续3天上涨，区间累计涨幅12.84%。 资料显示，合肥合锻智能制造股份有限公司位于安徽省合肥市经济技术开发区紫云路123号，成立日期 1997年9月7日，上市日期2014年11月7日，公司主营业务涉及锻压设备的研发、生产和销售,智能检测分 选装备的研发、生产和销售业务。主营业务收入构成为：色选机49.80%，液压机30.93%，机压机 14.87%，其他(补充)3.62%，其他0.78%。 从基金十大重仓股角度 数据显示，汇安基金旗下1只基金重仓合锻智能。汇安信泰稳健一年持有期混合A（012479）四季度持 有股数4800股，占基金净值比例为0.23%，位居第五大重仓股。根据测算，今日浮盈赚取约528元。连 续3天上涨期间浮盈赚取1.43万元。 ...

（来源：淘金ETF） 1. 中航成飞（302132） 作为中国航空工业集团核心子公司，国内歼击机、教练机等主战装备的核心研制单位，军工背景深厚且 技术积累雄厚，在航空装备制造领域占据绝对龙头地位。主营业务聚焦军用战斗机、教练机研发制造， 同时延伸至民用航空零部件加工与航空技术服务，客户覆盖国内军方及航空工业全产业链企业。依托军 用航空领域的大尺寸模锻、精密加工等核心技术，深度切入商业航天赛道，为商业火箭提供高端结构 件、航空级特种材料及定制化加工服务，尤其在重型火箭箭体部件制造方面具备独特优势。已成功为国 内多家商业火箭企业提供关键结构件支持，深度参与多个商业航天发射任务，技术可靠性与产品稳定性 获行业高度认可。未来随着商业航天规模化发展，重型火箭、可回收火箭等新型装备研发加速，公司将 进一步推动航空航天技术跨界融合，充分受益于太空算力、低轨卫星星座建设带来的增量需求，在航天 结构件、特种材料等领域持续扩大市场份额，成长空间极具想象力。 2. 中航西飞（000768） 隶属于中国航空工业集团，是国内大型运输机、轰炸机、预警机等核心军用飞机的主要制造商，具备全 产业链研发、生产与集成能力，在航空装备制造领域技术 ...

（编辑 丛可心） 证券日报网讯 2月3日，合锻智能在互动平台回答投资者提问时表示，公司近期中标聚变新能"BEST屏 蔽包层系统不锈钢屏蔽块采购项目"，具体信息请详见公司于2026年1月24日披露的《日常关联交易公 告》（公告编号：2026-009）。 ...

数据来源：国家统计局，智研咨询整理 根据国家统计局数据显示：2025年12月中国金属成形机床产量为1.7万台，同比增长6.3%；2025年1-12 月中国金属成形机床累计产量为17.9万台，累计增长7.2%。 2020-2025年中国金属成形机床产量统计图 上市企业：亚威股份（002559）,合锻智能（603011）,沈阳机床（000410） 相关报告：智研咨询发布的《2026-2032年中国智能机床行业市场专项调研及投资前景规划报告》 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 ...

Investment Rating - The report maintains a "Positive" outlook on the power equipment and new energy industry [6] Core Viewpoints - The "14th Five-Year Plan" period saw slower-than-expected carbon reduction, prompting high-energy-consuming industries to accelerate carbon reduction commercialization during the "15th Five-Year Plan" period, leading to a growth inflection point for green fuels [3][8] - The demand for energy storage is expected to grow significantly, with a forecasted 50% increase in energy storage installations by 2025, driven by the rapid growth of new energy [3][19] - The offshore wind power, perovskite, and space photovoltaic sectors are anticipated to exhibit high growth potential during the "15th Five-Year Plan" period [3][8] Summary by Sections 1. Wind and Solar Power Entering Maturity with High Growth in Sub-markets - The demand for new energy installations in China is expected to remain robust, with a target of 360 million kilowatts of wind and solar power capacity by 2035 [12] - The average annual installation space for wind and solar power is projected to exceed 400 GW from 2026 to 2035 [12][13] 2. Energy Storage and Nuclear Power with Stable Supply Attributes - By the end of 2025, China's energy storage installations are expected to reach 66.43 GW, with a year-on-year growth of 52% [19] - The construction speed of nuclear power is expected to accelerate, with a target of 70 million kilowatts of operational capacity by 2025 [21] 3. Carbon Reduction Goals and the Emergence of Green Fuels - The actual carbon reduction progress during the "14th Five-Year Plan" is expected to fall short of the target, necessitating increased efforts in the "15th Five-Year Plan" [26] - Policies are encouraging the integration of green electricity with hydrogen, ammonia, and zero-carbon parks [29] 4. New Photovoltaic Technologies and Nuclear Fusion - Perovskite technology is expected to achieve mass production during the "15th Five-Year Plan" period, with efficiency improvements anticipated [32] - The BEST project aims for completion by 2027, with significant investment expected in nuclear fusion technology [34]

Group 1: Quantum Technology - The report highlights significant advancements in quantum error correction technology, with Zhejiang University and Tsinghua University demonstrating low-overhead quantum error correction codes, effectively reducing logical error rates below physical error rates [4][5] - Horizon Quantum Computing has formed a strategic partnership with Alice&Bob to accelerate the development of fault-tolerant quantum computing, integrating their software and hardware capabilities [5] - GuoDun Quantum plans to sign a technology licensing contract with the University of Science and Technology of China, involving quantum random number generators and superconducting quantum computing control systems [6][7] Group 2: Biomanufacturing - The Chinese Academy of Sciences has achieved a breakthrough in synthesizing L-arginine using methanol as the sole carbon source, marking a shift towards non-grain-based production methods [8][9] - The Shenzhen Advanced Institute has developed the MARS intelligent system, which integrates multiple AI agents and robots to significantly shorten the new material development cycle from four months to four hours [9][10] - Jinbo Biological has registered a 2 billion yuan private placement to enhance its humanized collagen protein FAST database project, aiming to improve research and development efficiency [11] Group 3: Hydrogen Energy and Nuclear Fusion - The Baowu Clean Energy green hydrogen industrial park project, with a total investment of 11.09 billion yuan, has been launched in Guangdong, establishing a new model for offshore wind power direct hydrogen production [12][13] - A Chinese consortium has signed a significant contract for the ITER edge local model power supply system, marking a major step in China's contribution to global fusion energy projects [15] - Zhejiang Fu Nuclear Power will participate in the development of core components for the China Fusion Engineering Demonstration Reactor (CFEDR), focusing on ultra-high heat load components [16][17] Group 4: Brain-Computer Interfaces - Neuralink has successfully implemented OTA wireless upgrades for its invasive brain-computer interface, allowing for performance optimization without the need for additional surgeries [18][19] - This advancement addresses the traditional limitations of invasive devices, reducing clinical maintenance risks and costs while enhancing the adaptability of the technology [20] Group 5: Embodied Intelligence - World Labs, founded by Fei-Fei Li, has partnered with Guanglun Intelligent to create an evaluation system for embodied intelligence, addressing high verification costs and discrepancies between simulation and reality [21][22] - The Marble model developed by World Labs generates high-fidelity 3D environments from various inputs, solving traditional model issues but lacking physical interaction capabilities [22][23] Group 6: Future Industry Catalysts - The report outlines key catalytic events for 2026 across six future industries, including significant conferences and technological milestones that investors should monitor [28][29]

Core Viewpoint - The company, HuanDuan Intelligent, is expected to report a significant increase in losses for the year 2025, primarily due to the impact of a "price war" in the automotive industry affecting its high-end forming machine tools segment, which has seen a continuous decline in gross margin [2][3]. Group 1: Financial Performance - For 2025, the company forecasts a net profit attributable to shareholders of between -260 million yuan and -180 million yuan, representing an increase in losses of 102.27% to 192.17% compared to the previous year [2]. - In the first three quarters of 2025, the company's net profit attributable to shareholders was -44.32 million yuan, with a third-quarter revenue of 689 million yuan, reflecting a year-on-year growth of 23.44%, but a net profit of -53.84 million yuan [3]. Group 2: Business Challenges - The company attributes its increased losses to the transmission of the automotive industry's "price war" to the supply chain, leading to a decline in the gross margin of its high-end forming machine tools segment [2]. - Additionally, the company has made provisions for asset impairment based on prudence, further contributing to its financial difficulties [3]. Group 3: Market Outlook and Opportunities - Despite the challenges in its core business, the capital market holds optimistic expectations for the company's advanced manufacturing initiatives, particularly in nuclear fusion equipment, which is seen as a potential new pillar for growth [4]. - The company has been involved in the nuclear fusion sector since 2021 and successfully secured a project for the construction of a vacuum chamber for a compact fusion energy experimental device, with an order value of 209 million yuan [4]. - The company's subsidiary, Zhongke Optoelectronics, has achieved a top-three global market share in the intelligent sorting industry, indicating strong competitive positioning in another core business area [4].

证券日报网讯 1月23日，合锻智能发布公告称，公司于2026年1月22日召开职工代表大会，经全体与会 职工代表表决，选举赵猛先生为公司第六届董事会职工代表董事，任期三年，自本次职工代表大会审议 通过之日起至公司第六届董事会任期届满之日止。 （文章来源：证券日报） ...

Core Viewpoint - The company, Hezhuan Intelligent, expects a significant increase in net losses for the year 2025, projecting a loss between 180 million to 260 million yuan, which represents an increase in losses of 102.27% to 192.17% compared to the previous year [1] Financial Performance - The projected net profit attributable to shareholders for 2025 is expected to be between -180 million yuan and -260 million yuan [1] - The anticipated increase in losses is between 102.27% and 192.17% compared to the same period last year [1]

Core Viewpoint - The company, Hezhuan Intelligent (603011.SH), is expected to report a significant increase in losses for the fiscal year 2025, with net profit attributable to shareholders projected to be between -180 million to -260 million yuan, representing an increase in losses of 102.27% to 192.17% compared to the previous year [1] Financial Performance - The projected net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be between -200 million to -280 million yuan [1] - The high-end forming machine tool segment's net profit has decreased compared to the same period last year [1] Industry Context - The company is facing intensified market competition within its industry, particularly as a supplier in the automotive sector [1] - The impact of a "price war" in the automotive industry has led to a decline in the comprehensive gross profit margin of the company's high-end forming machine tool segment, contributing to increased losses [1] - The company has made provisions for asset impairment, including inventory, based on the principles outlined in the Accounting Standards for Enterprises No. 8, reflecting a cautious approach [1]