海博思创公告称，其全资子公司海博思创智造拟开展"海博思创智能绿色储能工厂项目"，投资总额预计 20亿元，选址于北京市房山区。项目建设周期约36个月，预计2028年12月竣工验收并投产。资金来源为 海博思创智造自有或自筹资金。该投资已获公司第二届董事会第十八次会议通过，不涉及关联交易和重 大资产重组。不过，项目面临融资成本上升、审批、实施及收益等风险。 ...

证券之星消息，12月23日其他电源设备板块较上一交易日上涨0.85%，海博思创领涨。当日上证指数报 收于3919.98，上涨0.07%。深证成指报收于13368.99，上涨0.27%。其他电源设备板块个股涨跌见下 表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 从资金流向上来看，当日其他电源设备板块主力资金净流入5.8亿元，游资资金净流出3.22亿元，散户资 金净流出2.58亿元。其他电源设备板块个股资金流向见下表： ...

12月23日，海博思创涨5.35%，截至发稿，报256.85元/股，成交3.72亿元，换手率3.89%，总市值462.57 亿元。 资料显示，北京海博思创科技股份有限公司位于北京市海淀区丰豪东路9号院2号楼12层，成立日期2011 年11月4日，上市日期2025年1月27日，公司主营业务涉及专注于电化学储能系统的研发、生产、销售, 为传统发电、新能源发电、智能电网、终端电力用户等"源-网-荷"全链条行业客户提供全系列储能系统 产品,提供储能系统一站式整体解决方案。主营业务收入构成为：储能系统99.77%，新能源车租赁 0.10%，其他(补充)0.07%，技术服务0.06%。 华安聚恒精选A（011238）基金经理为陈泉宏。 截至发稿，陈泉宏累计任职时间2年41天，现任基金资产总规模3.84亿元，任职期间最佳基金回报 63.82%， 任职期间最差基金回报40.06%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从基金十大重仓股角度 数据显示，华安基 ...

Group 1 - Beijing Haibo Sichuang Intelligent Manufacturing Technology Co., Ltd. has been established with a registered capital of 100 million yuan [1] - The legal representative of the company is Gao Shuqing [1] - The business scope includes manufacturing of intelligent basic manufacturing equipment, integrated circuit chip design and services, and integrated circuit manufacturing [1] Group 2 - Haibo Sichuang is indirectly wholly owned by Haibo Technology [1]

Core Viewpoint - Haibo Shichuang's stock experienced a decline of 1.41% on December 19, with a trading volume of 509 million yuan, indicating a potential market reaction to recent financial performance and investor sentiment [1] Financing Summary - On December 19, Haibo Shichuang had a financing buy amount of 73.97 million yuan and a financing repayment of 61.21 million yuan, resulting in a net financing purchase of 12.76 million yuan [1] - The total financing and securities balance for Haibo Shichuang reached 780 million yuan, accounting for 8.41% of its circulating market value [1] Company Overview - Haibo Shichuang, established on November 4, 2011, is located in Haidian District, Beijing, and focuses on the research, production, and sales of electrochemical energy storage systems [1] - The company provides a full range of energy storage system products and one-stop overall solutions for clients across the entire "source-network-load" industry chain, including traditional power generation, renewable energy generation, smart grids, and end power users [1] - The main business revenue composition is as follows: energy storage systems 99.77%, new energy vehicle leasing 0.10%, other (supplementary) 0.07%, and technical services 0.06% [1] Financial Performance - As of September 30, Haibo Shichuang reported a total revenue of 7.91 billion yuan for the period from January to September 2025, representing a year-on-year growth of 52.23% [2] - The net profit attributable to the parent company was 623 million yuan, showing a significant year-on-year increase of 98.65% [2] Shareholder Information - As of September 30, the number of shareholders for Haibo Shichuang was 9,378, a decrease of 7.72% from the previous period [2] - The average circulating shares per person increased by 15.31% to 4,044 shares [2] - The company has distributed a total of 198 million yuan in dividends since its A-share listing [3] - New institutional shareholders include Dongfanghong Huagang Shen Mixed Fund, Rongtong Industry Trend Selected Stock A, and others, indicating a shift in the shareholder base [3]

Core Viewpoint - The article emphasizes the significant rise of China's energy storage industry, highlighting its global leadership in energy storage capacity and international orders, marking a new era of growth and innovation in the sector [2][3]. Group 1: Industry Overview - The global energy storage market is experiencing a massive transition, with China emerging as a dominant player, leading in both domestic installations and international orders [2]. - The energy storage industry is characterized by intense competition, with many companies achieving double-digit growth despite market challenges [2][4]. Group 2: Key Players and Achievements - CATL (宁德时代) has grown from a small workshop to a global leader in energy storage, with total assets nearing 900 billion yuan and a revenue increase from 44 million yuan to 57.29 billion yuan over 11 years, marking a 1301-fold growth [6][8]. - EVE Energy (亿纬锂能) has maintained a strong position in the market, with overseas revenue growing 28.05% year-on-year, and a significant increase in R&D investment, totaling 136.97 billion yuan over 20 years [12][13]. - Sungrow (阳光电源) has seen its energy storage business grow from 383 million yuan to 24.96 billion yuan from 2018 to 2024, achieving a 64.17-fold increase [16][17]. Group 3: Financial Health and Capital Strength - CATL's financial health is robust, with a total asset-liability ratio of 61.27% and a net cash position of 327.18 billion yuan, providing a strong buffer against market fluctuations [9]. - Sungrow's capital strength is also notable, with a funding reserve of 27.76 billion yuan and a net cash position of 21.93 billion yuan, allowing for continued investment in growth [19][20]. Group 4: Innovation and Technology - CATL has invested over 800 billion yuan in R&D over the past decade, leading to significant technological advancements, including the production of a 587Ah energy storage cell and a 9MWh energy storage system solution [7][8]. - EVE Energy has developed a comprehensive range of lithium battery technologies and has a strong focus on R&D, with over 10,000 patents filed [13][14]. Group 5: Global Expansion and Market Strategy - CATL's international revenue has surged from 15 million yuan to 110.34 billion yuan over 11 years, with overseas orders totaling approximately 49.5GWh [8][9]. - EVE Energy has also expanded its international footprint, with overseas revenue growing significantly and a focus on diversifying its product offerings [12][13]. - Sungrow has established a strong global presence, with 50% of its revenue coming from international markets, and has signed numerous overseas contracts [19][21]. Group 6: Challenges and Future Outlook - The energy storage industry faces challenges such as safety incidents, price wars, and product homogenization, which could hinder healthy development [10][21]. - Industry leaders emphasize the need for innovation, safety, and a focus on long-term strategies to navigate the evolving market landscape [10][21].

Core Viewpoint - Haibo Sichuang experienced a decline of 4.30% on December 18, with a trading volume of 763 million yuan, indicating a potential market reaction to recent financial performance and investor sentiment [1]. Financing and Trading Data - On December 18, Haibo Sichuang had a financing buy amount of 104 million yuan and a financing repayment of 113 million yuan, resulting in a net financing outflow of 9.29 million yuan [1]. - The total financing and securities balance for Haibo Sichuang reached 767 million yuan, accounting for 8.15% of its circulating market value [1]. - There were no securities sold or repaid on December 18, with a remaining securities balance of 0 shares and 0 yuan [1]. Company Overview - Haibo Sichuang, established on November 4, 2011, is located in Haidian District, Beijing, and focuses on the research, production, and sales of electrochemical energy storage systems [1]. - The company provides a full range of energy storage system products and integrated solutions for traditional power generation, renewable energy generation, smart grids, and end power users [1]. - The main revenue sources for Haibo Sichuang are energy storage systems (99.77%), new energy vehicle leasing (0.10%), and other services (0.07%) [1]. Financial Performance - As of September 30, Haibo Sichuang reported a total of 9,378 shareholders, a decrease of 7.72% from the previous period, while the average circulating shares per person increased by 15.31% to 4,044 shares [2]. - For the period from January to September 2025, the company achieved an operating income of 7.913 billion yuan, representing a year-on-year growth of 52.23%, and a net profit attributable to shareholders of 623 million yuan, up 98.65% year-on-year [2]. Dividend and Shareholder Information - Haibo Sichuang has distributed a total of 198 million yuan in dividends since its A-share listing [3]. - As of September 30, 2025, several new institutional shareholders have entered the top ten circulating shareholders, including Dongfanghong Huagang Shen Mixed Fund and Rongtong Industry Trend Selected Stock A [3].

Group 1 - The core viewpoint is that after 2H25, China's provinces will successively implement capacity pricing policies, leading to excellent economic viability for independent energy storage under the "peak-valley arbitrage + capacity pricing + ancillary services" revenue model, with high demand expected to continue in the short term [1] - The European market is experiencing positive storage demand due to energy shortages and a lack of grid flexibility resources, with a shift in focus from household storage to large-scale and industrial storage [1] - The Australian electricity market is maturing, with large-scale storage projects accelerating, while household storage is being reinforced by high subsidies, ensuring medium to long-term demand [1] Group 2 - The AIDC (Automated Industrial Data Center) demand in the U.S. is expected to grow significantly, with projections indicating that by 2030, AIDC storage demand could reach 100-200 GWh, driven by the need for enhanced flexibility and interconnectivity [2] - The green methanol sector is seeing increased demand from the shipping industry, which is catalyzing the construction of numerous wind-solar-storage hydrogen-methanol integrated projects in China, thereby boosting storage demand [2] Group 3 - The strong demand for energy storage is leading to a tight supply of storage cells, with major companies experiencing full order books and production schedules extending into Q1 2026; however, relief is expected post-Q2 2026 as production capacity is released [3] - Major companies are building competitive barriers through overseas factories and technology licensing in response to local policy trends in Europe and the U.S., allowing them to benefit from high growth in overseas markets [3] Group 4 - Recommended companies for front-of-the-meter storage include CATL (300750.SZ, 03750), EVE Energy (300014.SZ), and Haibo Technology (688411.SH), while for behind-the-meter storage, recommended companies include Deye Technology (605117.SH), Airo Energy (688717.SH), and Pylon Technologies (688063.SH) [4]

Investment Rating - The report maintains an investment rating of "Synchronize with the market - A" for the power equipment and new energy industry [1] Core Viewpoints - The industry has shown significant developments, including a major order for humanoid robots from a leading AI model company, valued at over 50 million RMB, highlighting the integration of AI and robotics [2] - The Central Economic Work Conference has set the agenda for 2026, focusing on energy independence and green transformation, which will drive the demand for renewable energy solutions [4] - The report emphasizes the importance of optimizing market pricing for centralized renewable energy generation, as outlined by the National Development and Reform Commission and the National Energy Administration [5] Summary by Relevant Sections Stock Recommendations - Recommended stocks include: - Aiyu Co., Ltd. (600732.SH) - Buy - B - Longi Green Energy (601012.SH) - Buy - B - Daqo New Energy (688303.SH) - Buy - B - Haibo Innovation (688411.SH) - Buy - A - Sungrow Power Supply (300274.SZ) - Buy - A - Deye Technology (605117.SH) - Buy - A - Langxin Group (300682.SZ) - Buy - B - Quartz Co., Ltd. (603688.SH) - Buy - A - Hengdian East Magnet (002056.SZ) - Buy - A [3][4][7] Price Tracking - The average price of polysilicon remains stable at 52.0 RMB/kg, while the average price of silicon wafers and battery cells has shown signs of stabilization after previous declines [6][8][9] Investment Suggestions - Key recommendations focus on various sectors: - BC new technology: Aiyu Co., Ltd., Longi Green Energy - Supply-side: Daqo New Energy, Fulete - Energy storage: Haibo Innovation, Sungrow Power Supply, Deye Technology - Market-oriented: Langxin Group - Domestic substitution: Quartz Co., Ltd. - Overseas expansion: Hengdian East Magnet, Bowei Alloy [10]

Group 1 - The core viewpoint of the articles highlights the fundraising activities of companies listed on the STAR Market, with a total of 17 companies raising 35.089 billion yuan this year, averaging 2.064 billion yuan per company [1][2] - Among the companies, Moer Technology raised the most at 8 billion yuan, primarily for cash management and the development of AI training chips and graphics chips [1] - Other notable fundraisers include Xian Yicai with 4.636 billion yuan for its silicon industry base project, and Muxi Co., Ltd. with 4.197 billion yuan [1] Group 2 - The average initial offering price for STAR Market stocks this year is 36.56 yuan, with four companies priced above 50 yuan, and two exceeding 100 yuan, the highest being Moer Technology at 114.28 yuan [2] - The issued price-earnings ratio ranges from 6.14 to 519.12, with an average of 83.91 and a median of 42.64, where C Bai Ao has the highest ratio at 519.12 [2] - Geographically, the majority of the issued companies are concentrated in Beijing, Hubei, and Guangdong, with fundraising amounts led by Beijing at 14.692 billion yuan [2]