证券代码：688349 证券简称：三一重能 公告编号：2026-003 三一重能股份有限公司 2025 年年度业绩预告公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 （1）经财务部门初步测算，预计 2025 年年度实现归属于母公司所有者的净 利润 68,000.00 万元到 88,000.00 万元，与上年同期（法定披露数据）相比，将减 少 93,198.30 万元到 113,198.30 万元，同比减少 51.43%到 62.47%。 （2）归属于母公司所有者的扣除非经常性损益的净利润 41,500.00 万元到 61,500.00 万元，与上年同期（法定披露数据）相比，将减少 97,983.10 万元到 117,983.10 万元，同比减少 61.44%到 73.98%。 （二）基本每股收益：1.5073 元。 1 三、本期业绩变化的主要原因 2025 年度公司净利润较上年度下降，主要原 ...

新年伊始，三一巴彦淖尔零碳产业园里正开足马力，满负荷量产风电核心部件。产品以110米以上主流叶型为主，主要适配10兆瓦机型，开足8套模具满产， 供应全国各大风场。三一重能零碳产业园从2022年 8月开工建设，仅用一年时间拔地而起，创造了风电行业同类项目建设的"临河速度"。作为全球领先、打 造的全球领先的长叶片、大兆瓦、数智化的高端智造产业园，占地540亩，投资10亿元，截至2025年底累计生产叶片3368支，实现产值33.4亿元。 内蒙古巴彦淖尔市临河区坚持全产业链发展思路，依托"链主"企业，打造新能源产业集群，形成"龙头引领、配套集聚"的产业格局。 "当地政府以最快的速度响应三一叶片发运对道路、收费站的扩宽和改造要求，自规划（到）投产，（提供）全生命周期的'保姆式'服务，助力企业快速发 展。"三一重能巴彦淖尔公司副总经理何昂说。 园区所在的原巴彦淖尔现代农畜产品物流园区曾经土地闲置，入驻项目发展步履维艰。2021年以来，临河区打出回收闲置土地、盘活 "僵尸企业"、招引新 兴产业"三张牌"。锚定新能源工业园区发展定位，当地靶向招引龙头企业，2022年引进行业领军企业 —— 三一重能股份有限公司。企业是全球唯一 ...

三一重能首次公开发行股票的发行费用合计14,021.58万元（不包含增值税），其中，保荐及承销 费用11,739.30万元。 本次发行由保荐机构相关子公司跟投，跟投机构为中信证券投资有限公司，获配股数为376.5714 万股，占首次公开发行股票数量的比例为2.00%，获配金额1.12亿元，限售期为24个月。 (责任编辑：徐自立) 中国经济网北京1月30日讯 三一重能(688349.SH)今日股价下跌，截至收盘报26.01元，跌幅 4.59%。该股目前处于破发状态。 三一重能于2022年6月22日在上交所科创板上市，发行新股18828.57万股，发行价格为29.80元/ 股，保荐机构（主承销商）为中信证券，保荐代表人为孙鹏飞、杨成云。 三一重能首次公开发行股票募集资金总额为561,091.43万元，募集资金净额为547,069.86万元。 三一重能实际募资净额比原拟募集资金多243,890.72万元。三一重能于2022年6月17日披露的招股说明 书显示，该公司原拟募集资金303,179.14万元，拟用于"新产品与新技术开发项目""新建大兆瓦风机整 机生产线项目""生产线升级改造项目""风机后市场工艺技术研发项目 ...

Industry Overview - The Chinese wind power EPC industry is dominated by large state-owned enterprises, with the top tier consisting of China Power Construction and China Energy Engineering, which hold over 90% of the comprehensive and first-class qualifications in the power engineering sector [1][6] - The second tier includes city-level design institutes and some capable private enterprises, while the third tier consists of numerous companies with lower qualifications competing in smaller projects [1] Market Share - In 2025, among 132 projects in the Chinese wind power EPC bidding, China Power Construction won 24 projects (18% market share), followed by China Energy Engineering with 19 projects (14% market share) [4] - The overall market share is primarily held by large state-owned enterprises, indicating a high concentration in the industry [4][6] Market Concentration - The market concentration in the wind power EPC industry is high, with a CR2 of 32% and a CR5 of 54%, indicating that the top two companies dominate the market significantly [6] Company Layout and Competitiveness - Most listed companies in the wind power EPC sector have both domestic and international operations, with China Power Construction and China Energy Engineering having a high proportion of their business in these areas [7] - China Energy Engineering focuses on renewable energy development, with 85.81% of its engineering construction business related to wind power EPC [9] - China Power Construction covers the entire wind power EPC process, focusing on deep-sea wind power and high-altitude land wind power, with 90.74% of its business in this area [9] - Other companies like Huadian Technology and Yongfu Co. also have specific regional focuses and capabilities in the wind power EPC sector [10] Competitive Landscape - The wind power EPC industry exhibits a high degree of customization and low homogeneity, with moderate competition levels [11] - The bargaining power of upstream suppliers is strong due to reliance on imported core components for wind turbines, while downstream buyers have moderate bargaining power due to the technical requirements of projects [11]

融券方面，三一重能1月26日融券偿还1000.00股，融券卖出1000.00股，按当日收盘价计算，卖出金额 2.75万元；融券余量10.93万股，融券余额300.58万元，超过近一年50%分位水平，处于较高位。 1月26日，三一重能跌3.07%，成交额1.39亿元。两融数据显示，当日三一重能获融资买入额2480.74万 元，融资偿还1174.33万元，融资净买入1306.41万元。截至1月26日，三一重能融资融券余额合计1.04亿 元。 融资方面，三一重能当日融资买入2480.74万元。当前融资余额1.01亿元，占流通市值的0.31%，融资余 额超过近一年90%分位水平，处于高位。 责任编辑：小浪快报 资料显示，三一重能股份有限公司位于北京市昌平区北清路三一产业园，成立日期2008年4月17日，上 市日期2022年6月22日，公司主营业务涉及风电机组的研发、制造与销售,风电场设计、建设、运营管理 以及光伏电站运营管理业务。主营业务收入构成为：风力发电机组制造与销售75.14%，风电场销售 21.33%，风电服务2.12%，发电收入0.96%，其他0.44%。 截至9月30日，三一重能股东户数1.25万，较上期 ...

2026 年 01 月 26 日 行业周报 看好/维持 电力设备及新能源 电力设备及新能源 新能源+AI 周报（第 40 期 20260118-20260124）：储能量价齐升， 太空、AI 主题延续 ◼ 走势比较 | 电站设备Ⅱ | 无评级 | | --- | --- | | 电气设备 | 无评级 | | 电源设备 | 无评级 | | 新 能 源 动 力 | 无评级 | | 系统 | | ◼ 推荐公司及评级 相关研究报告 <<【太平洋新能源】新能源+AI 周报 （第 39 期 20260111-20260117）：聚 焦涨价环节、AI+>>--2026-01-22 <<【太平洋新能源】新能源+AI 周报 （第 38 期 20251228-20260110）：储 能、AI+有望超预期，短期"太空光伏" 升温>>--2026-01-11 <<光伏行业 2026 年投资策略：反内 卷加速供需重塑，重视新技术、新场 景>>--2026-01-07 证券分析师：刘强 电话： E-MAIL：liuqiang@tpyzq.com 分析师登记编号：S1190522080001 证券分析师：钟欣材 电话： 报告摘要 2、碳酸 ...

Investment Rating - The report does not provide specific investment ratings for the industry sectors mentioned [2]. Core Insights - The overall industry strategy focuses on the simultaneous rise in energy storage volume and price, with ongoing themes in space and AI [3]. - The new energy vehicle supply chain is entering an upward cycle, benefiting companies like CATL and EVE Energy due to the electrification upgrade and optimization of energy storage patterns [3]. - By the end of December 2025, China's electric vehicle charging infrastructure is expected to reach 20.092 million units, a year-on-year increase of 49.7% [3]. - Global energy storage battery shipments are projected to reach 640 GWh in 2025, a year-on-year increase of 82.9%, with CATL maintaining a leading position [3][25]. - The solid-state battery sector is entering a critical phase of engineering and industrialization, with companies like Xiamen Tungsten and Peking University Technology benefiting [4]. Summary by Sections Energy Storage and New Energy - The energy storage trend continues to improve, with companies like Sungrow Power and Huaneng Power benefiting from a significant increase in domestic procurement, which exceeded 100 GWh for the first time [5]. - The average price of lithium battery storage systems has rebounded by 6.39% to 0.5226 yuan/Wh [5]. - AI expansion and global grid upgrades are driving demand for power equipment, benefiting companies like TBEA and Sanyuan Electric [5]. Lithium Carbonate and Battery Materials - The supply and demand for lithium carbonate are exceeding expectations, with companies like Salt Lake Potash and Hunan Youneng benefiting from favorable market conditions [4]. - The cost of phosphoric iron lithium cathode materials has increased, with processing fees rising by 318.7 yuan/ton compared to November averages [4][27]. AI and Robotics in New Energy - The integration of AI and humanoid robots in the new energy sector is gaining traction, with companies like Zhejiang Rongtai and Keda Li benefiting from advancements in robotics [7]. - Tesla's shift towards becoming a robotics company is expected to create new growth cycles, with significant implications for the automotive industry [7][26]. Market Trends and Projections - The report highlights that the global energy storage battery shipment is expected to reach 1,090 GWh in 2026, a year-on-year increase of 70% [25]. - The market for commercial energy storage products is evolving, with larger capacity batteries becoming mainstream and driving innovation in the sector [29].

Investment Rating - Industry Rating: Recommended [5] Core Insights - The humanoid robot industry is accelerating towards mass production, driven by cost reduction demands and domestic suppliers' advantages in key components like precision transmission parts and electronic skin [15][16] - The sodium battery released by CATL showcases cost and performance advantages, with significant price increases in lithium carbonate impacting lithium battery costs, while sodium batteries are expected to achieve scale applications [19][20] - Domestic energy storage installations are experiencing substantial growth, with a diverse revenue structure and economic viability, benefiting leading companies in system integration and inverters [23] - The photovoltaic industry is poised for growth due to dual applications in ground and space, with HJT technology becoming a key direction for overseas expansion, enhancing global market potential [26][31] - China's wind power equipment exports are surging, with significant opportunities for leading companies in both domestic and overseas markets, supported by technological parity and cost advantages [27][40] - The electric equipment sector is entering a super boom cycle, driven by overseas demand and advancements in AI and smart grid technologies, with companies that possess strong channel resources and technical capabilities expected to benefit [42][43] Summary by Sections Humanoid Robots - The humanoid robot industry is seeing rapid industrialization, with major tech companies entering the market and expected mass production of Tesla's Optimus robot by the end of next year [15][16] - Key components suppliers in the T-chain are likely to benefit from the anticipated production ramp-up [16][17] Electric Vehicles - CATL's sodium battery demonstrates significant advantages in cost and performance, with the price of lithium carbonate impacting battery costs, while sodium batteries are expected to see widespread adoption [19][20] Renewable Energy - Domestic energy storage installations are on a growth trajectory, with leading companies in system integration and inverters set to benefit from the expanding market [23] - The photovoltaic sector is expected to grow due to advancements in HJT technology and increased global demand for solar installations [26][31] Wind Power - China's wind power equipment exports are increasing, with leading companies poised to capitalize on both domestic and international opportunities [27][40] Electric Equipment & AIDC - The electric equipment sector is entering a favorable cycle, with companies that have strong technical capabilities and market presence expected to benefit from increased overseas demand [42][43]

Investment Rating - The report maintains an "Overweight" rating for the power equipment sector [6] Core Insights - The report highlights new opportunities in the photovoltaic industry driven by space solar power initiatives and rising prices of battery components [1][17] - It emphasizes the importance of supply-side reforms and technological advancements in creating long-term growth opportunities within the industry [1][19] - The report identifies key companies to watch in various segments, including supply chain price increases, new technology growth, and perovskite solar cell developments [1][19][21] Summary by Sections Photovoltaics - The price of multi-crystalline silicon n-type raw materials remains stable, with an average transaction price of 59,200 RMB per ton [17] - N-type battery cell prices have increased to 0.42 RMB per watt, with a price range of 0.40-0.43 RMB per watt [17] - The report notes that rising silver prices have led to increased component costs, with distributed component prices now ranging from 0.70 to 0.80 RMB per watt [17] - SpaceX and Tesla plan to achieve a combined solar manufacturing capacity of 200GW annually in the U.S. within three years, with 40GW dedicated to space solar power [1][18] - Key companies to focus on include Tongwei Co., GCL-Poly, LONGi Green Energy, JA Solar, and Trina Solar for supply-side reform opportunities [1][19] Wind Power & Grid - The Netherlands will launch a 1GW offshore wind project tender in September 2026, with a subsidy budget of approximately 32.45 billion RMB [19][20] - Turkey plans to initiate its first offshore wind tender by the end of 2026, aiming for 5GW of installed capacity by 2035 [19][20] - Southern Power Grid has set a fixed asset investment of 180 billion RMB for 2026, focusing on new power system construction and strategic emerging industries [20] - Companies to watch include Goldwind, Yunda, Mingyang Smart Energy, and Sany Heavy Energy in the wind turbine sector [20] Hydrogen Energy - A ceremony for the operation of 300 hydrogen fuel heavy trucks was recently held, showcasing advancements in hydrogen energy technology [3][21] - The trucks are equipped with a 130kW fuel cell system and can achieve a range of over 600 kilometers [3][21] - Key companies in this sector include Shuangliang Energy, Huadian Heavy Industry, and Shenghui Technology [3][21] Energy Storage - The report forecasts that new energy storage installations in China will reach 58.6GW/175.3GWh in 2025, a year-on-year increase of 38%/60% [4][22] - The average bid price for 2-hour energy storage systems is projected to be 0.55 RMB/Wh in 2025, down 16.9% from 2024 [4][22] - Companies to focus on include Sungrow Power, Canadian Solar, and Kehua Data for large-scale energy storage opportunities [4][22] New Energy Vehicles - CATL launched the "Tianxing II" series solutions for light commercial vehicles, including the industry's first intelligent battery management application [5][27] - The solutions cater to various scenarios, including high-frequency urban distribution and extreme temperature conditions [5][27] - Key companies in the battery sector include CATL, Penghui Energy, and Guoxuan High-Tech [5][29]

在人才战略层面，三一重能同样秉持前瞻视野，不断探索如何借助智能化工具进一步优化人才识别与配置流程，从而强化企业长期竞争力。在此背景下， 牛客以AI驱动的招聘解决方案，正助力三一重能在人才招聘领域实现新一轮的效率与精准度提升。 01.在人才甄选中，持续追求更高的人岗匹配精度 三一重能始终注重人才与岗位的精准匹配，尤其在校招季，面对大量高潜毕业生时，企业更关注如何系统性、高效率地完成对研发类岗位的筛选与识别。 在清洁能源装备制造领域，三一重能始终以领先的技术实力与卓越的产品效能，引领行业向高质量发展迈进，不仅持续推动技术创新与产品升级，更将精 益化管理贯穿于运营全链条，致力于在全球范围内打造高效、可持续的组织能力。 与传统的关键词匹配不同，牛客AI简历筛选更像一位懂岗位的HR助手，不仅能理解"有限元分析""机械臂动力学"等专业术语，还能根据企业提供的筛选 样本持续学习，优化模型。 在对比了多家招聘服务商之后，三一重能尤其看重牛客在人才领域的深度积累和AI建模的专业能力。基于有限的岗位输入，快速构建出贴合企业实际需 求的智能筛选模型，大幅减轻了跨部门校准与反复沟通的成本，在响应效率与服务支持方面也表现出色。 此次合 ...