南财智讯1月28日电，先惠技术发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为 3.50亿元，同比预增约56.93%；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为 3.40亿元，同比预增约64.07%。公司2025年年度业绩较上年同期增长的主要原因系：1、公司深度落地 精益管理理念，驱动全价值链效率革命，运营效率实现提升，主营业务利润率有所提升；2、公司海外 项目毛利率优势显著，2025年度实现收入确认的海外项目较2024年有所增长，有效推动公司主营业务毛 利率提升。 ...

中航新起航灵活配置混合A（005537）基金经理为韩浩。 截至发稿，韩浩累计任职时间8年48天，现任基金资产总规模164.03亿元，任职期间最佳基金回报 245.69%， 任职期间最差基金回报-12.9%。 从基金十大重仓股角度 1月28日，先惠技术跌5.14%，截至发稿，报85.62元/股，成交1.38亿元，换手率1.24%，总市值108.25亿 元。 资料显示，上海先惠自动化技术股份有限公司位于上海市松江区小昆山镇思贤路4800号，成立日期2007 年3月28日，上市日期2020年8月11日，公司主营业务涉及各类智能制造装备的研发、生产和销售。主营 业务收入构成为：新能源动力电池精密结构件63.35%，新能源汽车智能自动化装备34.90%，其他 1.02%，工业制造数据系统0.58%，燃油汽车智能自动化装备0.15%。 从先惠技术十大流通股东角度 数据显示，中航基金旗下1只基金位居先惠技术十大流通股东。中航新起航灵活配置混合A（005537） 三季度新进十大流通股东，持有股数232.64万股，占流通股的比例为1.85%。根据测算，今日浮亏损失 约1079.46万元。 中航新起航灵活配置混合A（005537 ...

Group 1 - The lithium battery industry is entering an accelerated expansion phase, with major companies starting a new round of capital expenditures in 2025, and 2026 is expected to see record-high capex investments [1] - The demand for lithium batteries has consistently exceeded expectations in recent years, leading to order overflow from major manufacturers due to insufficient capacity, with an estimated additional production capacity of nearly 1 TWh expected in 2026 [1] - Major lithium battery manufacturers are currently initiating equipment tenders, with hundreds of GWh of orders already visible, and further orders of around 100 GWh are anticipated [1] Group 2 - Orders for lithium battery equipment have reached new highs, with most equipment manufacturers showing positive year-on-year growth in contract liabilities, and many have surpassed historical peaks [2] - The strong order situation in the lithium battery equipment sector is expected to continue into 2026, although profitability improvements may not be realized until 2026 [2] Group 3 - Progress has been made in the research and development of solid-state batteries, with a shift in focus towards cost reduction and efficiency improvements in equipment, laying the groundwork for future testing of solid-state batteries [3] - Major battery manufacturers are expected to begin constructing pilot lines for solid-state batteries in 2026, which will create additional demand and opportunities for equipment companies [3] Group 4 - Companies to watch in this sector include XianDao Intelligent (300450.SZ), XianHui Technology (688155.SH), LianYing Laser (688518.SH), HaiMuXing (688559.SH), DeLong Laser (688170.SH), ST YiFei (688646.SH), YingHe Technology (300457.SZ), HangKe Technology (688006.SH), and XinYuRen (688573.SH) [4]

Summary of Conference Call on Solid-State Batteries and Lithium Battery Equipment Industry Overview - The conference call primarily discusses the solid-state battery and lithium battery equipment industry, focusing on companies like CATL (宁德时代), Xian Island (仙岛), and others involved in lithium battery equipment manufacturing [1][2][3]. Key Points and Arguments Expansion Plans - CATL has revised its expansion plan from a twofold increase over three years to a threefold increase over five years, expecting production capacity to reach 400-500 GW by 2026, with a year-on-year order growth of approximately 30% [1][3]. Performance of Lithium Battery Equipment Companies - Leading companies in the lithium battery equipment sector are showing varied performance: - Xian Dao is expected to achieve a profit of 1.5-1.8 billion yuan in 2025, with Q4 profits projected at 300-500 million yuan [4]. - Hai Mu Xing reported a turnaround in Q4, nearing a profit of 100 million yuan after a projected loss of 800-900 million yuan for the year [4][5]. - Hong Gong Technology anticipates a profit of 50-80 million yuan for 2025, with significant improvement in Q4 [5]. - Hua Zi Technology expects a loss reduction of 30%-40% in 2025, with a turnaround expected in 2026 [5]. Valuation and Future Outlook - The valuation of the lithium battery equipment sector is primarily based on orders, with a typical price-to-earnings ratio of around 20 times for profits and 15 times for orders. Xian Dao is expected to benefit from scale effects and high-quality orders, leading to improved profitability [6]. Market Dynamics - The domestic energy storage market is seeing significant order increases from companies like AVIC Energy, with a notable rise in order share from 7% to over 10% [7]. - In Europe, new energy policies are expected to boost demand for local battery production, although Xian Dao's orders in Europe are currently limited [8]. Indian Market Growth - The Indian market is experiencing rapid growth in energy storage demand, supported by major conglomerates like Tata and Reliance. Xian Dao expects to secure 5 billion yuan in orders from India, representing 20% of its total orders [9]. Company-Specific Developments - Hai Mu Xing's new orders for 2025 exceeded expectations at 9.5 billion yuan, with a projected growth rate of 30%-50% [10]. - Hong Gong's orders are expected to grow by 30%-50% in 2026, driven by increased demand from upstream materials and battery sectors [11]. - Joint ventures in laser welding are also performing well, with a projected order volume of 7-8 billion yuan for 2026 [12]. Recommendations for Investment - Xian Dao is recommended as a leading company with significant growth potential, with a projected market value increase of 50% in 2026 [18]. - Other companies to watch include Xian Hui and Hua Zi, both showing promising developments in the solid-state battery sector [19]. Competitive Advantages - Xian Hui excels in structural components and is involved in high-pressure pack projects, while Hua Zi focuses on high-pressure formation equipment, positioning them well for upcoming tenders from CATL [20]. Notable Companies in the Market - Companies like Qing Yan and Hong Gong are highlighted for their roles in dry electrode processes and advanced equipment, with expectations of securing significant contracts [21]. Additional Important Insights - The solid-state battery sector is witnessing rapid advancements, with applications expanding into consumer electronics, space, and medical fields, indicating a robust growth trajectory [2][16][17].

Group 1 - The core point of the news is that Xianhui Technology's stock price has dropped by 5%, currently trading at 89.61 yuan per share, with a total market capitalization of 11.33 billion yuan [1] - Xianhui Technology, established on March 28, 2007, specializes in the research, production, and sales of various intelligent manufacturing equipment, with its main business revenue composition being 63.35% from precision structural components for new energy power batteries, 34.90% from intelligent automation equipment for new energy vehicles, and 0.58% from industrial manufacturing data systems [1] Group 2 - The fund "AVIC New Start Flexible Allocation Mixed A" (005537) has entered the top ten circulating shareholders of Xianhui Technology, holding 2.3264 million shares, which accounts for 1.85% of the circulating shares, with an estimated floating loss of approximately 10.98 million yuan [2] - The fund has achieved a year-to-date return of 24.38% and a one-year return of 103.38%, ranking 77th out of 9003 and 139th out of 8185 in its category, respectively [2] Group 3 - The fund manager of "AVIC New Start Flexible Allocation Mixed A" is Han Hao, who has been in the position for 8 years and 46 days, with the fund's total asset size being 16.403 billion yuan [3] - During Han Hao's tenure, the best fund return was 246.42%, while the worst return was -12.9% [3] Group 4 - The fund "AVIC New Start Flexible Allocation Mixed A" reduced its holdings in Xianhui Technology by 654,300 shares in the fourth quarter, now holding 1.6721 million shares, which represents 9.62% of the fund's net value, making it the third-largest holding [4] - The estimated floating loss from this position is approximately 7.8925 million yuan [4]

Group 1 - The Shanghai Composite Index closed at 4136.16 points, above the five-day moving average, with a gain of 0.33% [1] - The total trading volume of A-shares reached 31,181.08 billion yuan [1] - A total of 1,091 A-shares have prices that surpassed the five-day moving average, with notable stocks including Dongfang Risheng, Jinko Solar, and Xinke Mobile, showing divergence rates of 16.59%, 15.85%, and 15.78% respectively [1] Group 2 - The top stocks with significant divergence rates from the five-day moving average include: - Dongfang Risheng (300118) with a price increase of 20.00% and a divergence rate of 16.59% [1] - Jinko Solar (688223) also increased by 20.00% with a divergence rate of 15.85% [1] - Xinke Mobile (688387) rose by 18.41% with a divergence rate of 15.78% [1] - Other notable stocks with divergence rates include: - Jiejia Weichuang (300724) at 20.00% increase and 15.34% divergence [1] - Ruichuang Micro (688002) with a 20.00% increase and 14.83% divergence [1]

| 688155 | 先惠技 术 | 8.96 | 2.44 | 85.22 | 90.49 | 6.19 | | --- | --- | --- | --- | --- | --- | --- | | 300654 | 世纪天 鸿 | 7.63 | 9.88 | 10.90 | 11.57 | 6.13 | （文章来源：证券时报网） 技 证券时报·数据宝统计，截至今日上午10:29，上证综指4126.30点，收于五日均线之上，涨跌幅0.09%， A股总成交额为13428.67亿元。到目前为止，今日有909只A股价格突破了五日均线，其中乖离率较大的 个股有东方日升、睿创微纳、广生堂等，乖离率分别为16.59%、14.83%、14.19%；水羊股份、赢时 胜、羚锐制药等个股乖离率较小，刚刚站上五日均线。 1月23日突破五日均线个股乖离率排名 | 证券代 | 证券简 | 今日涨跌幅 | 今日换手率 | 五日均线 | 最新价 | 乖离率 | | --- | --- | --- | --- | --- | --- | --- | | 码 | 称 | （%） | （%） | （元） | （元） | （%） | | 30 ...

Group 1 - The core viewpoint of the article highlights that Xianhui Technology has won a bid for a production line project from a leading Japanese company, marking a significant breakthrough for the company in the high-end Japanese market [1] Group 2 - This achievement fills a gap for the company in the Japanese high-end market, indicating potential growth opportunities and increased market presence [1]

Core Viewpoint - The solid-state battery sector is experiencing significant growth, driven by favorable policies and technological advancements, positioning it as a key focus area in the market. Group 1: Market Performance - The battery and solid-state battery sectors are leading the market, with notable stock performances from companies like Xianhui Technology, which rose by 11.59%, and Huayou Cobalt, which increased by over 7% [1][2]. - Key companies in the industry, including CATL and Yiwei Lithium Energy, also saw upward movements, indicating a strong response across the supply chain [1]. Group 2: Policy Support - The Ministry of Industry and Information Technology emphasizes accelerating breakthroughs in solid-state battery technology, highlighting a collaborative effort between national and local governments to enhance the supply chain's self-sufficiency [3]. - Local governments are integrating solid-state batteries into their industrial strategies, with regions like Jiangxi and Chongqing focusing on advancing core technologies in this field [3]. Group 3: Technological Advancements - Companies are rapidly advancing their solid-state battery technologies, with Weichai Power announcing successful laboratory research on sulfide solid-state batteries and plans for industrialization [4]. - Jinlongyu is investing 1.2 billion yuan to establish a production line for solid-state batteries, while Haopeng Technology aims for mass production of solid-state batteries by 2025 [4]. Group 4: Market Potential - Solid-state batteries are expected to penetrate various sectors, including electric vehicles, energy storage, aerospace, and consumer electronics, due to their performance advantages over traditional lithium-ion batteries [6]. - TrendForce forecasts that the global demand for solid-state batteries will exceed 206 GWh by 2030 and further expand to over 740 GWh by 2035, indicating a transition to large-scale applications [6]. Group 5: Industry Growth Outlook - Analysts are optimistic about the growth potential of the solid-state battery supply chain, with expectations of high demand driven by the increasing sales of electric vehicles [6][7]. - The period from 2027 to 2030 is identified as a critical window for the industrialization of solid-state battery technologies, with equipment manufacturers likely to benefit first from this growth [7].

Group 1 - The company, Xianhui Technology (688155.SH), has stated that it currently has no business dealings with Tokai Special Steel Co., Ltd. of Japan [1]