8月25日，金盘科技大宗交易成交7.9万股，成交额371.3万元，占当日总成交额的0.27%，成交价47元，较市场收盘价56.21元折价16.38%。 | 交易日期 | 证券简称 | 证券代码 | 成交价(元) 成交金额(万元) 成交量( * ) 买入营业部 | | | 卖出营业部 | | --- | --- | --- | --- | --- | --- | --- | | 2025-08-25 | 金盘科技 | 688676 | 47 371.3 7.9 | 华泰证券股份有限 | 华泰证券股份有限 | | | | | | | 公司深圳益田路证 | 公司深圳益田路证 | | | | | | | Jake virus 11 alary | Jald shops . 11 . darr | | ...

证券代码：688676 证券简称：金盘科技 公告编号：2025-056 海南金盘智能科技股份有限公司 关于举办投资者开放日活动的公告 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、准确性和完整性依法承担法律责任。 为进一步加强与投资者沟通交流，解答投资者关心的各类问题，倾听投资者 的意见和建议，便于广大投资者全面、深入地了解海南金盘智能科技股份有限公 司（以下简称"公司"）的生产经营情况，公司拟举办投资者开放日活动，现将 有关事项公告如下： 一、活动时间：2025 年 8 月 30 日（周六）14:00-17:00 二、活动地点：湖北省武汉市江夏区邢远长街 21 号武汉金盘智能科技绿色 产业园。 公司收到来访投资者发送的报名信息，核查后将向报名成功的投资者以短信 形式反馈报名回执予以确认，该回执将作为投资者参加活动凭证。 七、联系方式： 联系人：金霞 联系电话：0898-66811301-302 邮箱：info@jst.com.cn 八、注意事项 三、邀请对象：公司投资者 四、活动方式：现场参观武汉金盘智能科技绿色产业园。 五、出席人员：公司相关领导及工 ...

Core Viewpoint - Jinpan Technology (688676.SH) is increasing its investment in research and development for new products and technologies related to data center power modules, focusing on advanced technology products such as solid-state transformers, JST high-voltage direct current systems, and supercapacitor cabinets [1] Group 1 - The company has a dedicated R&D team that is actively working on cutting-edge technology products [1] - Ongoing R&D efforts include ultra-high power uninterruptible power supplies (UPS) and high-voltage direct current modules (HVDC) [1] - The company will disclose progress in accordance with information disclosure rules and will provide updates through relevant announcements [1]

Group 1: AI Technology and AIDC Growth - The rapid development of global AI technology is driving significant growth in AIDC investment scale and electricity demand [1] - AIDC requires higher stability and reliability for power distribution equipment, leading to increased demand for transformers and medium-low voltage switchgear, resulting in supply shortages and rising transformer prices [1] - The company plans to invest in a digital factory for data center power modules in Tongxiang, Zhejiang, with a focus on new product development and advanced technologies [1] Group 2: Revenue and Market Performance - The company's revenue from data center power modules has achieved a CAGR of 33.2% over the past three years, with applications in over 300 data center projects, including major clients like Alibaba and Huawei [1] - In 2024, the company signed over 140 data center orders, representing a year-on-year growth of 603.68%, marking a new core growth point for the company [1] - The company’s total revenue for 2024 is projected to be 37.1 billion yuan, with a year-on-year increase of 3.3%, supported by rapid expansion in non-renewable sectors [2] Group 3: Diversification and Global Expansion - The company’s product range includes transformers, switchgear, energy storage products, and digital factory solutions, with applications in both renewable and non-renewable sectors [2] - The company has seen a significant increase in overseas sales, with revenue reaching 1.98 billion yuan in 2024, a year-on-year increase of 68.3% [2] - The company operates 11 production bases globally and is expanding capacity in Mexico, the US, and Malaysia to enhance supply capabilities for overseas markets [3] Group 4: Future Projections - Revenue projections for the company from 2025 to 2027 are 8.601 billion yuan, 10.637 billion yuan, and 13.057 billion yuan, with expected year-on-year growth rates of 24.65%, 23.66%, and 22.75% respectively [3] - The company's net profit is projected to reach 742 million yuan, 1.016 billion yuan, and 1.316 billion yuan for the same period, with growth rates of 29.25%, 36.79%, and 29.60% respectively [3]

Core Viewpoint - Jinpan Technology has been recognized as an exemplary case in the "Industrial Strength" initiative by the Ministry of Industry and Information Technology, marking it as the first company in Hainan to receive this honor, reflecting its achievements in digital transformation and intelligent manufacturing [1][4]. Group 1: Company Achievements - Jinpan Technology has been acknowledged for its outstanding performance in the fields of digital transformation and intelligent manufacturing, contributing to the enhancement of brand influence and the promotion of Chinese industrial spirit [1][4]. - The company has successfully built several digital factories, creating a unique green low-carbon intelligent manufacturing industrial cluster, while actively exploring the application of AI in intelligent manufacturing [6]. - Jinpan Technology has received multiple national honors, including being recognized as a national-level champion in manufacturing, a national green factory, and a national-level excellent intelligent factory [6]. Group 2: Strategic Initiatives - The company aligns with national strategies such as "Manufacturing Power" and "Digital China," focusing on a three-pronged approach of system upgrades, data empowerment, and AI integration to build an intelligent manufacturing ecosystem [4][6]. - Jinpan Technology operates four zero-carbon factories and green factories, contributing to the national "dual carbon" goals and providing a replicable model for the transformation and upgrading of traditional equipment manufacturing [6]. Group 3: Future Outlook - The company aims to continue its deep engagement in intelligent manufacturing, telling the story of China’s industrial development and providing more "Chinese solutions" for the global manufacturing industry's intelligent transformation [6].

Core Insights - The report highlights the emerging opportunities in AIDC (Automatic Identification and Data Capture) driven by the rapid development of AI technology, leading to increased investment and power demand in the sector [2] - The company has received a "buy" rating due to its strong growth potential and diversified business strategy [1][5] AIDC Demand Surge - The demand for AIDC-related power distribution equipment, such as transformers and medium-low voltage switchgear, is rising due to higher stability and reliability requirements [2] - The company plans to invest in a digital factory for data center power modules in Tongxiang, Zhejiang, with a focus on new product development [2] - Revenue from data center power modules has shown a CAGR of 33.2% over the past three years, with over 300 data center projects utilizing its products [2] Diversified Business Development - The company’s main products include transformers, switchgear, energy storage products, and digital factory solutions, with applications in both renewable and non-renewable sectors [3] - In 2024, the company expects revenue of 3.71 billion yuan from non-renewable sectors, a 31.0% increase year-on-year, driven by data center sales [3] - The renewable sector is projected to generate 3.01 billion yuan in revenue, a decline of 19.2% due to falling prices in the polysilicon segment [3] Global Expansion Success - The company has successfully expanded its overseas market presence, with foreign sales revenue reaching 1.98 billion yuan in 2024, a 68.3% increase [4] - Its products have been used in over 500 overseas power station projects and 14 rail transit projects [4] - The company operates 11 production bases globally and is expanding its capacity in Mexico, the US, and Malaysia [4] Investment Outlook - The company is expected to achieve revenues of 8.60 billion yuan, 10.64 billion yuan, and 13.06 billion yuan from 2025 to 2027, with corresponding net profits of 742 million yuan, 1.02 billion yuan, and 1.31 billion yuan [5] - The projected PE ratios for 2025, 2026, and 2027 are 32, 23, and 18 times, respectively, indicating strong growth potential [5]

Investment Rating - The report maintains an "Outperform" rating for the wind power sector [4] Core Insights - Gansu Province has officially issued a plan to promote the market-oriented reform of renewable energy pricing, allowing all renewable energy projects to enter the electricity market, with a mechanism price of 0.3078 yuan/kWh for existing projects [2][12] - The wind power sector has seen significant growth, with a 98.88% year-on-year increase in new installations in the first half of 2025, totaling 51.39 GW [3][28] - The average bidding price for offshore wind turbines has shown a downward trend, currently at 3266.17 yuan/kW [3][47] Industry Dynamics - Gansu's new pricing mechanism will apply to all renewable energy projects, with a total electricity scale of 154 billion kWh for existing projects [2][12] - In Liaoning Province, several offshore wind projects have made progress, including the approval of a 500 MW project [12] - The wind power equipment index has a TTM P/E ratio of 33.38 and a MRQ P/B ratio of 1.8 [16][21] Market Performance - The wind power equipment sector increased by 4.79% this week, outperforming the CSI 300 index by 2.42 percentage points [16][19] - Key stocks that led the market include Shuangyi Technology and Jinpan Technology, with increases of 41.17% and 20.73%, respectively [22][26] Macroeconomic Data - The GDP for the first half of 2025 was 66.05 trillion yuan, reflecting a year-on-year growth of 5.3% [24][27] - The total electricity consumption in the first half of 2025 was 48,418 billion kWh, a 3.7% increase year-on-year [24][27] Wind Power Installation Data - As of June 2025, the cumulative installed capacity of wind power reached approximately 572.6 million kW, a year-on-year increase of 22.7% [28][29] - The first half of 2025 saw 48.90 GW of new onshore wind installations and 2.49 GW of new offshore installations [28][35] Material Prices - The prices of raw materials such as scrap steel, copper, aluminum, and epoxy resin have increased, while the prices of medium-thick plates and rebar have decreased [37][38] Investment Recommendations - The report recommends key companies such as Goldwind Technology and Yunda Co. for their strong market positions and growth potential [7][56] - Companies in the tower and foundation segment, such as Daikin Heavy Industries and Taisheng Wind Power, are highlighted for their regional advantages and strong order acquisition capabilities [7][56]

两融数据显示，该股最新融资余额为6.35亿元，近5日增加3050.31万元，增幅为5.04%。（数据宝） 8月19日金盘科技大宗交易一览 | 成交量 （万 | 成交金额 | 成交价 | 相对当日收盘 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | | （万元） | 格 | 折溢价（%） | | | | 股） | | （元） | | | | | 8.97 | 489.58 | 54.58 | 0.00 | 中信证券股份有限公司 | 中信证券股份有限公司北京 | | | | | | 总部(非营业场所) | 安外大街证券营业部 | 金盘科技8月19日大宗交易平台出现一笔成交，成交量8.97万股，成交金额489.58万元，大宗交易成交价 为54.58元。该笔交易的买方营业部为中信证券股份有限公司总部(非营业场所)，卖方营业部为中信证券 股份有限公司北京安外大街证券营业部。 证券时报·数据宝统计显示，金盘科技今日收盘价为54.58元，上涨0.52%，日换手率为4.58%，成交额为 11.47亿元，全天主力资金净流入4434.91万元，近5日该股累计上涨 ...

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、准确性和完整性依法承担法律责任。 证券代码：688676 证券简称：金盘科技 公告编号：2025-055 海南金盘智能科技股份有限公司（以下简称"公司"）于 2025 年 8 月 19 日收 到上海证券交易所（以下简称"上交所"）出具的《关于受理海南金盘智能科技股 份有限公司科创板上市公司发行证券申请的通知》（上证科审（再融资）〔2025〕 98 号），上交所对公司报送的科创板上市公司发行证券的募集说明书及相关申请文 件进行了核对，认为该项申请文件齐备，符合法定形式，决定予以受理并依法进行 审核。 海南金盘智能科技股份有限公司 关于向不特定对象发行可转换公司债券申请 获得上海证券交易所受理的公告 公司本次向不特定对象发行可转换公司债券事项尚需通过上交所审核，并获得 中国证券监督管理委员会（以下简称"中国证监会"）作出同意注册的决定后方可 实施。最终能否通过上交所审核，并获得中国证监会同意注册的决定及其时间尚存 在不确定性。公司将根据该事项的进展情况，按照相关规定和要求及时履行信息披 露义务，敬请广大投资者注意 ...

股票简称：金盘科技 证券代码：688676 保荐人（主承销商） （浙江省杭州市五星路 201 号） 二〇二五年八月 海南金盘智能科技股份有限公司 向不特定对象发行可转换公司债券募集说明书 海南金盘智能科技股份有限公司 Hainan Jinpan Smart Technology Co., Ltd. 海南省海口市南海大道 168-39 号 向不特定对象发行可转换公司债券 募集说明书 （申报稿） 声 明 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由 发行人自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自 行承担证券依法发行后因发行人经营与收益变化或者证券价格变动引致的投资 风险。 海南金盘智能科技股份有限公司 向不特定对象发行可转换公司债券募集说明书 重大事项提示 本公司特别提请投资者注意，在做出投资决策前，务必仔细阅读本募集说 明书正文内容，并特别注意以下重要事项。 一、不符合科创板股票投资者适当性要求的投资者所持本 次可转债不能转股的风险 公司为科创板上市公司，本次向不特定对象发行可转换公司债券，参与可 转债转股的投资者，应当符合科创板股票投资者适当性要求。如可转债持有人 不 ...