2026.01. 23 本文字数：2309，阅读时长大约4分钟 作者 | 第一财经 陆如意 1月23日，"太空光伏"引爆市场，光伏板块全线走强。 截至今日收盘，Wind太空光伏指数（88419929）收涨9.69%，近50股涨停或涨逾10%，其中宇 晶股份（002943.SZ）6天3板，钧达股份（002865.SZ）、明阳智能（601615.SH）2连板，近 1500亿市值权重股隆基绿能（601012.SH）涨停，晶科能源（688223.SH）、迈为股份 （300751.SZ）、捷佳伟创（300724.SZ）等20CM涨停。 太空光伏到底是什么 太空光伏能源，指的是在太空轨道、月球等地外环境中利用太阳能光伏技术获取和供给能源，通过无 线方式将电力直接传输至地面，或为卫星、空间站、太空数据中心等设施供电。 1月22日，特斯拉CEO马斯克在达沃斯表示，在太空设立太阳能AI数据中心是理所当然的 事。"SpaceX与特斯拉正同步推进太阳能产能提升，目标在未来三年内实现每年100GW的太阳能制 造能力。" 而在此之前，特斯拉CEO马斯克对"太空光伏"的一系列高调表态，加剧了市场对太空光伏的关注 度。 2026年开年不久 ...

固态电池概念股午后持续拉升，上海洗霸涨停，容百科技涨超10%，海目星、利元亨、蔚蓝锂芯涨幅居 前。 ...

Investment Rating - The report rates the commercial aerospace and photovoltaic equipment industry as "Overweight" [4]. Core Insights - The commercial aerospace sector is entering a new phase characterized by large-scale deployment and capability upgrades, leading to increased demand for space photovoltaic systems. The application for over 200,000 satellites in China marks a transition from "thousands" to "tens of thousands" and even "millions" of satellites, indicating a super cycle in satellite manufacturing and launching over the next decade, which will drive long-term, large-scale demand for satellite energy systems, specifically space photovoltaics [4]. - The extreme conditions in space (high radiation, large temperature differences, vacuum) necessitate stringent requirements, leading to continuous iterations in space photovoltaic technology. The current mature solution is gallium arsenide (GaAs) multi-junction cells, which have high conversion efficiency (generally exceeding 30%) and good radiation resistance, but are extremely expensive and have limited production capacity. The short to medium-term scalable path is the HJT (Heterojunction) battery, which is more cost-effective for mass production despite lower absolute efficiency and radiation resistance compared to GaAs. Long-term potential directions include perovskite and tandem batteries, which have high theoretical efficiency limits and lightweight properties, but face challenges in long-term stability [4]. - Key equipment suppliers to focus on include Maiwei Co., Ltd. (HJT production line equipment), High Measurement Co., Ltd. (integrated slicing and processing services), Aotwei (module string welding equipment), and others. Battery module manufacturers include Yunda Co., Ltd. (collaborating on perovskite technology applications) and Trina Solar [4]. Summary by Sections Industry Overview - The commercial aerospace market in China is expected to expand significantly due to the submission of over 200,000 satellite constellation applications, which will stimulate demand across multiple segments including satellite manufacturing and rocket launching [2]. Technology Development - The report highlights the transition from traditional satellite power supply units to essential energy infrastructure for future space economies, driven by advancements in space computing and AI data centers powered by space photovoltaics [4]. Key Companies and Valuations - The report provides a valuation table for key companies in the industry, including Maiwei Co., Ltd. with a market cap of 66.5 billion and projected net profits for 2026 of 970 million, and others like Aotwei and High Measurement with varying financial forecasts [5].

Group 1 - The core point of the news is that HaiMuxing Laser Technology Group Co., Ltd. experienced a stock price increase of 5.05%, reaching 62.78 yuan per share, with a total market capitalization of 15.554 billion yuan as of January 19 [1] - The company, established on April 3, 2008, and listed on September 9, 2020, specializes in the research, design, production, and sales of laser and automation equipment across various industries, including consumer electronics and power batteries [1] - The revenue composition of the company's main business includes: 60.28% from laser and automation equipment for power batteries, 18.04% from 3C consumer electronics, 10.52% from sheet metal laser cutting equipment, 7.98% from the photovoltaic industry, and 3.17% from other industries [1] Group 2 - From the perspective of fund holdings, Jiahe Fund has a significant position in HaiMuxing, with Jiahe Jinrong Mixed A (016761) holding 46,600 shares, accounting for 4.28% of the fund's net value, making it the seventh-largest holding [2] - The fund, established on December 27, 2022, has a latest scale of 30.6371 million yuan, with a year-to-date return of 11.89% and a one-year return of 19.48% [2] - The fund manager, Wang Dongxuan, has a tenure of 10 years and 136 days, with the fund's total asset scale at 75.2486 million yuan, achieving a best return of 111.39% and a worst return of -11.39% during his tenure [3]

Core Viewpoint - The stock of HaiMuxing has shown significant volatility, with a year-to-date increase of 26.84% and a recent decline of 0.54% over the past five trading days, indicating fluctuating investor sentiment and market conditions [1]. Company Overview - HaiMuxing Laser Technology Group Co., Ltd. is located in Longhua District, Shenzhen, Guangdong Province, and was established on April 3, 2008. The company went public on September 9, 2020. Its main business involves the research, design, production, and sales of laser and automation equipment across various sectors, including consumer electronics, power batteries, and sheet metal processing [1]. - The revenue composition of HaiMuxing includes: 60.28% from power battery laser and automation equipment, 18.04% from 3C consumer electronics laser and automation equipment, 10.52% from sheet metal laser cutting equipment, 7.98% from the photovoltaic industry, and 3.17% from other industries [1]. Financial Performance - As of October 31, 2025, HaiMuxing reported a revenue of 2.704 billion yuan, a year-on-year decrease of 25.47%. The net profit attributable to shareholders was -913 million yuan, reflecting a significant decline of 645.04% compared to the previous year [2]. - Since its A-share listing, HaiMuxing has distributed a total of 60.4585 million yuan in dividends [3]. Shareholder Structure - As of September 30, 2025, the number of shareholders for HaiMuxing was 17,700, a decrease of 10.17% from the previous period. The average number of circulating shares per person increased by 11.32% to 13,998 shares [2]. - Notable institutional holdings include Hong Kong Central Clearing Limited as the fourth-largest shareholder with 6.097 million shares, and several ETFs such as Huaxia CSI Robot ETF and Tianhong CSI Robot ETF, which have increased their holdings [3].

Core Insights - The company Haimuxing is emerging as a key player in the commercialization of all-solid-state batteries, transitioning from equipment empowerment to industry leadership, and is recognized as a core engine driving the shift from laboratory to large-scale production [1] Group 1: Industry Developments - The Ministry of Industry and Information Technology has emphasized the need to accelerate breakthroughs in all-solid-state battery technology, with companies like GAC Group and BYD making significant advancements in pilot production lines and equipment procurement [1] - The industry is moving from laboratory research to engineering validation, with multiple companies initiating pilot line construction, indicating a critical phase in the all-solid-state battery sector [1] Group 2: Technological Innovations - Haimuxing has developed proprietary micro-embossed ultra-thin coating technology, achieving a coating thickness of 0.5-4 micrometers, which is one-tenth of traditional methods, significantly reducing interfacial resistance and enhancing energy density by 5%-8% [2] - The company has introduced ultra-thin multilayer coating technology to address the volume expansion issues of high-silicon anodes, reducing coating thickness by over 80% compared to traditional methods, facilitating the stable application of high-energy-density batteries [2] - Haimuxing's integration of ultra-fast laser non-contact processing and electrode structuring technologies optimizes cutting yield and ion transport efficiency, improving the overall cycle life and rate performance of batteries [2] Group 3: Market Position and Future Outlook - As the pace of all-solid-state battery commercialization accelerates, the demand for equipment is expected to surge, positioning Haimuxing favorably to leverage its technological leadership and global delivery capabilities to secure mainstream customers and sustain order growth [3]

Core Viewpoint - The stock of HaiMuxing has experienced fluctuations, with a recent decline of 2.01%, while showing significant growth of 26.61% year-to-date and 61.45% over the past 60 days [1] Company Overview - HaiMuxing Laser Technology Group Co., Ltd. is located in Longhua District, Shenzhen, Guangdong, and was established on April 3, 2008. The company went public on September 9, 2020. Its main business involves the research, design, production, and sales of laser and automation equipment across various industries, including consumer electronics and power batteries [1] - The revenue composition of the company includes: 60.28% from power battery laser and automation equipment, 18.04% from 3C consumer electronics laser and automation equipment, 10.52% from sheet metal laser cutting equipment, 7.98% from the photovoltaic industry, and 3.17% from other industries [1] Financial Performance - As of October 31, the company reported a decrease in revenue for the period from January to September 2025, with total revenue of 2.704 billion yuan, down 25.47% year-on-year. The net profit attributable to shareholders was -913 million yuan, reflecting a significant decrease of 645.04% [2] - Since its A-share listing, the company has distributed a total of 60.4585 million yuan in dividends [3] Shareholder Information - As of September 30, 2025, the number of shareholders for HaiMuxing was 17,700, a decrease of 10.17% from the previous period. The average number of circulating shares per person increased by 11.32% to 13,998 shares [2] - Notable institutional holdings include Hong Kong Central Clearing Limited as the fourth-largest shareholder with 6.097 million shares, and several ETFs as new shareholders, indicating a diversification in the shareholder base [3]

证券日报网讯1月14日，海目星在互动平台回答投资者提问时表示，整板焊接技术有助于电池的薄片 化。目前公司正在与头部光伏组件厂一起研究开发单面组件的焊接技术替代传统的串焊技术。 ...

Group 1 - The core viewpoint of the news is that Haimeixing Laser Technology Group Co., Ltd. has seen a stock price increase of 5.31%, reaching 63.61 yuan per share, with a total market capitalization of 15.76 billion yuan [1] - The company, established on April 3, 2008, and listed on September 9, 2020, specializes in the research, design, production, and sales of laser and automation equipment across various industries, including consumer electronics and power batteries [1] - The revenue composition of the company includes: 60.28% from power battery laser and automation equipment, 18.04% from 3C consumer electronics laser and automation equipment, 10.52% from sheet metal laser cutting equipment, 7.98% from the photovoltaic industry, and 3.17% from other industries [1] Group 2 - From the perspective of fund holdings, one fund under Xinda Australia has a significant position in Haimeixing, with the Xin'ao New Materials Selected Mixed A Fund holding 19,400 shares, representing 5.66% of the fund's net value, making it the third-largest holding [2] - The Xin'ao New Materials Selected Mixed A Fund, established on November 29, 2023, has a total scale of 10.04 million, with a year-to-date return of 9.92% and a one-year return of 51.42% [2] - The fund manager, Guo Min, has been in the position for nearly four years, with the fund's best return during this period being 57.27% and the worst being -31.8% [3]

太空光伏能"盘活"钙钛矿？ 日前，海目星声称自己是晶科和天合的激光设备核心供应商，直言公司已经与头部光伏电池组件厂深入研发钙钛矿叠层电池。 星舰火箭理论上可支撑300-500GW/年的部署能力，计划每年向太阳同步轨道发射100万吨级卫星，每颗卫星提供100千瓦的AI算力，相当于部署100万颗卫 星，通过高带宽激光连接到Starlink星座，从而每年新增总计100GW的计算能力——近期，埃隆·马斯克的大胆设想，旋即让"太空光伏"成为资本与产业界 的热议风暴。 目前，钙钛矿电池制造中涉及的激光制程主要有P1激光划线、P2激光划线、P3激光划线和P4激光清边。相较于以往的光伏技术路线，钙钛矿电池对于激 光设备有着更高的技术要求。事实上，早在2023年，海目星就曾表示已有销售钙钛矿电池相关定制设备。 据海目星激光2025年半年报显示，海目星激光的光伏业务可为为全球光伏产业提供领先的精密激光加工设备及配套工艺解决方案。核心产品包括TOPCon 电池设备、光伏组件焊接设备、BC电池激光开膜设备、钙钛矿激光划线设备和电池湿法设备等。其中，海目星就有提到公司的客户包括晶科能源、天合 光能和阿特斯等多家全球领先的光伏电池与组件 ...