Core Viewpoint - The company is experiencing unusual stock price fluctuations and is planning investments in Vietnam and Romania, while a major shareholder is reducing their stake [1] Group 1: Stock Performance - The company's stock price has shown a cumulative increase of over 20% during three consecutive trading days on October 10, 13, and 14, 2025, indicating abnormal trading volatility [1] Group 2: Investment Plans - The company is in the process of planning investments to establish factories in Vietnam and Romania, although the specific investment scale has not yet been determined [1] Group 3: Shareholder Activity - A significant shareholder, Ms. Chen Xiaoqin, has been reducing her stake, having sold a total of 50,700 shares as of October 14, 2025 [1]

Core Viewpoint - The company is experiencing unusual stock price fluctuations, with a cumulative increase of over 20% in closing prices over three consecutive trading days, prompting a notice of abnormal trading activity [1] Group 1: Stock Performance - The company's stock price has shown a significant increase, with a cumulative rise exceeding 20% over three trading days on October 10, 13, and 14, 2025 [1] - This price movement has been classified as an abnormal fluctuation in stock trading [1] Group 2: Investment Plans - The company is planning to invest in manufacturing facilities in Vietnam and Romania, although specific investment scales have yet to be determined [1] Group 3: Shareholder Activity - A major shareholder, Ms. Chen Xiaoqin, has been reducing her stake, having sold a total of 50,700 shares as of October 14, 2025 [1]

Group 1 - The company has approved a share repurchase plan to buy back shares using its own or raised funds, with a total amount between RMB 30 million and RMB 40 million, and a maximum price of RMB 38 per share [2] - The repurchase is intended for employee stock incentive plans and/or employee shareholding plans [2] - The repurchase period is set for 12 months from the board's approval date [2] Group 2 - As of September 30, 2025, the company has repurchased a total of 7,977,424 shares, representing 1.8480% of the total share capital of 431,684,575 shares [3] - The lowest transaction price was RMB 28.36 per share, while the highest was RMB 31.98 per share, with a total expenditure of RMB 236,666,368.07 (excluding transaction fees) [3] - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations [5]

（文章来源：证券日报） 证券日报网讯 10月10日晚间，神马电力发布公告称，截至2025年9月30日，公司通过集中竞价交易方式 已累计回购公司股份7，977，424股，占公司总股本的比例为1.8480%。 ...

每经AI快讯，神马电力（SH 603530，收盘价：38.3元）10月10日晚间发布公告称，截至2025年9月30 日，公司通过集中竞价交易方式已累计回购公司股份约798万股，占公司总股本约4.32亿股的比例为 1.848%，成交最低价为28.36元/股，成交最高价为31.98元/股，已支付的资金总金额为人民币约2.37亿 元。 每经头条（nbdtoutiao）——天水麻辣烫、淄博烧烤、荣昌卤鹅⋯⋯"泼天流量"退去后，这些城市怎么 样了？ （记者 曾健辉） 2024年1至12月份，神马电力的营业收入构成为：电气机械和器材制造业占比97.5%，其他业务占比 2.5%。 截至发稿，神马电力市值为165亿元。 ...

证券代码：603530 证券简称：神马电力 公告编号：2025-080 江苏神马电力股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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： | 回购方案首次披露日 | 2025/7/30，由董事会提议 | | | | | | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 年 月 2025 7 30 7 | 日~2026 | 年 | 月 | 日 29 | | 预计回购金额 | 30,000万元~40,000万元 | | | | | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 □用于转换公司可转债 | | | | | | | □为维护公司价值及股东权益 | | | | | | 累计已回购股数 | 7,977,424股 | | | | | | 累计已回购股数占总股本比例 | 1.8480% | | | | | | 累计已回购金额 | 23,666.64万元 | | | | | | 实际回购价格区 ...

Core Viewpoint - Shenneng Power (603530.SH) has repurchased a total of 7.9774 million shares, representing 1.8480% of the company's total share capital, with a total expenditure of RMB 237 million as of September 30, 2025 [1] Summary by Category - **Share Repurchase Details** - The company has conducted share repurchases through centralized bidding transactions [1] - The minimum transaction price was RMB 28.36 per share, while the maximum price reached RMB 31.98 per share [1] - The total amount paid for the repurchased shares is RMB 237 million, excluding stamp duty and transaction commissions [1]

Core Viewpoint - The A-share market experienced a day of volatility on October 10, with all three major indices declining, indicating a bearish sentiment in the market. The nuclear power sector showed notable activity, driven by recent advancements in fusion energy technology [2]. Market Performance - The Shanghai Composite Index fell by 0.94%, closing at 3897.03 points, while the Shenzhen Component Index dropped by 2.70% and the ChiNext Index decreased by 4.55% [2]. - The nuclear power sector was particularly active, with several stocks hitting the daily limit up, including Hezhong Intelligent, which achieved five consecutive limit-ups in nine days, and New Special Electric, which reached a 20% limit-up [2]. Industry Developments - A significant breakthrough was reported on October 1 regarding the BEST project in Hefei, Anhui, where the key component of the fusion energy experimental device, the Dewar base, was successfully developed and installed [2]. - This milestone marks a new phase in the construction of the project, highlighting recent advancements in China's nuclear fusion field [2]. Investment Outlook - According to Guojin Securities, the commercialization path for nuclear fusion technology is becoming clearer, with global investments increasing. The cumulative financing in the industry is expected to exceed $7.1 billion in 2024 [2]. - The industry is anticipated to enter a capital expenditure acceleration cycle during the 14th Five-Year Plan period, with ongoing orders in related component sectors presenting potential investment opportunities [2].

Core Viewpoint - The China Securities Index for power equipment has increased by over 2%, with several companies experiencing significant stock price surges, indicating a positive trend in the sector [1] Company Performance - New Special Electric, Guodian Nanzi, Sifang Co., and Shunma Electric have all reached the daily limit increase in stock prices [1] - Haixing Electric and Jixin Technology have also shown notable gains, contributing to the overall positive performance of the sector [1]

Company Performance - The stock price of Shenneng Electric reached a historical high, increasing by 7.10% to 35.32 yuan, with a trading volume of 3.1651 million shares and a transaction value of 109 million yuan [2] - The company's total market capitalization in A-shares is 15.247 billion yuan, while the circulating market capitalization is 15.098 billion yuan [2] - The company reported a revenue of 704 million yuan for the first half of the year, representing a year-on-year growth of 27.74%, and a net profit of 160 million yuan, up 13.60% year-on-year [2] - The basic earnings per share are 0.3800 yuan, with a weighted average return on equity of 8.95% [2] Industry Overview - The overall increase in the power equipment industry is 1.21%, with 262 stocks rising and 4 stocks hitting the daily limit [2] - Among the stocks that declined, Haibo Sichuang, Fulian Jinggong, and Youyou Green Energy saw declines of 6.76%, 6.30%, and 5.11% respectively [2] Margin Trading Data - As of September 30, the margin trading balance for Shenneng Electric was 79.6791 million yuan, with a financing balance of 79.2602 million yuan, reflecting a decrease of 4.2098 million yuan over the past 10 days, a decline of 5.04% [2]