Group 1 - The data center power supply concept has strengthened, with significant stock price increases observed [1] - Jianghai Co., Ltd. reached the daily limit increase, while Kexin New Energy rose over 15% [1] - Other companies such as Oulutong and Jinpan Technology saw stock price increases of over 5% [1]

（文章来源：证券日报） 证券日报网讯 8月1日晚间，金盘科技发布公告称，截至2025年7月31日，公司通过上海证券交易所交易 系统以集中竞价交易方式累计回购公司股份959，036股，占总股本的比例为0.21%。 ...

证券代码：688676 证券简称：金盘科技 公告编号：2025-052 海南金盘智能科技股份有限公司 2025 年 4 月 9 日，公司召开第三届董事会第二十次会议，审议通过了《关于 以集中竞价交易方式回购公司股份的方案的议案》，同意公司通过集中竞价交易方 式回购公司已发行的部分人民币普通股（A 股）股票，回购股份的资金总额不低 于人民币 3,000 万元（含），不超过人民币 5,000 万元（含），回购股份的价格不超 过 41.72 元/股（含），回购股份的期限自董事会审议通过最终股份回购方案之日起 不超过 12 个月。具体内容详见公司于 2025 年 4 月 10 日在上海证券交易所网站 （www.sse.com.cn）披露的《海南金盘智能科技股份有限公司关于以集中竞价方式 回购股份的回购报告书》（公告编号：2025-021）。 因公司实施权益分派，从 2025 年 5 月 23 日起，本次回购股份价格上限由不 超过人民币 41.72 元/股（含）调整为不超过人民币 41.22 元/股（含）。具体内容详 见公司于 2025 年 5 月 16 日在上海证券交易所网站（www.sse.com.cn）上披露的《 ...

格隆汇8月1日丨金盘科技(688676.SH)公布，截至2025年7月31日，公司通过上海证券交易所交易系统以 集中竞价交易方式累计回购公司股份959,036股，占总股本的比例为0.21%，公司回购股份的成交价格区 间为30.31元/股~32.68元/股，成交总金额为人民币3000.84万元（不含印花税、交易佣金等交易费用）。 ...

格隆汇8月1日丨金盘科技(688676.SH)公布，截至2025年7月31日，公司通过上海证券交易所交易系统以 集中竞价交易方式累计回购公司股份959,036股，占总股本的比例为0.21%，公司回购股份的成交价格区 间为30.31元/股~32.68元/股，成交总金额为人民币3000.84万元（不含印花税、交易佣金等交易费用）。 ...

Market Overview - The main funds in the Shanghai and Shenzhen markets experienced a net outflow of 34.062 billion yuan, with the Sci-Tech Innovation Board seeing a net outflow of 4.184 billion yuan [1] - A total of 242 stocks saw net inflows, while 345 stocks experienced net outflows [1] Sci-Tech Innovation Board Performance - On the Sci-Tech Innovation Board, 341 stocks rose, with two stocks, Ruikeda and Shenlian Biological, hitting the daily limit, while 241 stocks declined [1] - The stocks with the highest net inflows included Gaoce Co., Ltd. with 107.17 million yuan, followed by Jinpan Technology and Shanghai Yizhong with 89.50 million yuan and 89.26 million yuan respectively [2] Continuous Fund Flow - There are 39 stocks that have seen continuous net inflows for more than three trading days, with Kexin Co., Ltd. leading at eight consecutive days of inflow [2] - Conversely, 194 stocks have experienced continuous net outflows, with ST Yifei leading at 15 consecutive days of outflow [2] Key Stocks with Fund Inflows - The top stocks by net inflow include: - Gaoce Co., Ltd. (107.17 million yuan, 16.58% inflow rate, 1.91% increase) [2] - Jinpan Technology (89.50 million yuan, 7.08% inflow rate, 6.89% increase) [2] - Shanghai Yizhong (89.26 million yuan, 9.54% inflow rate, 7.79% increase) [2] Key Stocks with Fund Outflows - The stocks with the highest net outflows include: - Dongxin Co., Ltd. (816 million yuan, 11.37% decrease) [1] - Hanwujing and Lankai Technology with net outflows of 411 million yuan and 391 million yuan respectively [1]

从资金流向上来看，当日电网设备板块主力资金净流出3654.71万元，游资资金净流出1.72亿元，散户资 金净流入2.09亿元。电网设备板块个股资金流向见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002533 金杯电工 | | 2.07亿 | 19.29% | -1.09 Z | -10.17% | -9782.05万 | -9.12% | | 688676 金盘科技 | | 7951.92万 | 6.29% | -4354.43万 | -3.44% | -3597.49万 | -2.85% | | 002121 科陆电子 | | 7219.64万 | 8.05% | -856.70万 | -0.95% | -6362.94万 | -7.09% | | 000533 顺钠股份 | | 5778.81万 | 18.22% | -2115.09万 | -6.67% | -3663.72万 | -11.55 ...

Investment Rating - The report maintains a "Buy" rating for several companies in the wind power sector, including Jin Feng Technology, Daikin Heavy Industries, and Yunda Co., Ltd. [1][4] Core Insights - The wind power sector has seen significant growth, with 51.39 GW of new wind power installations in the first half of 2025, representing a year-on-year increase of 98.88% compared to the same period in 2024 [2][27]. - The report highlights the rising prices of key raw materials, including medium-thick plates, rebar, and casting pig iron, which may impact overall costs in the industry [2][37]. - The report notes a shift in the market dynamics with the introduction of new pricing mechanisms for renewable energy in Liaoning Province, which could influence future project developments [2][13]. Summary by Sections 1. Industry Dynamics - Liaoning Province has released proposals for market-oriented pricing reforms for renewable energy, which include a mechanism price of 0.3749 yuan/kWh for existing projects [2][13]. - The wind power sector has experienced fluctuations in stock performance, with notable gains from companies like Shangwei New Materials and Electric Wind Power, while Jin Feng Technology and others faced declines [2][20]. 2. Wind Power Market Review - The wind power equipment index has a TTM price-to-earnings ratio of 32.75 and a market-to-book ratio of 1.67 [3][17]. - The report indicates that the wind power equipment sector underperformed compared to the broader market indices, with a weekly increase of only 1.24% [3][17]. 3. Macro Data and Wind Power Industry Tracking - The GDP for the first half of 2025 was reported at 66.05 trillion yuan, reflecting a growth of 5.3% year-on-year [3][28]. - The total electricity consumption in the first half of 2025 was 48,418 billion kWh, marking a 3.7% increase from the previous year [3][25]. 4. Investment Recommendations - The report suggests that with the acceleration of wind power construction in coastal provinces, the sector is expected to outperform the broader market [4].

格隆汇7月29日丨金盘科技(688676.SH)在互动平台表示，公司变压器系列等核心产品适用于大型水电站 的发电机组配套、厂用电系统及中低压配电系统等环节。 ...

Investment Rating - The investment rating for the AIDC power equipment and grid industry is "Outperform the Market" (maintained) [1] Core Viewpoints - The global AI computing load is expected to grow significantly, with new AI computing loads projected at 9.7/15.9/20.2/22.3/23.4/24.6 GW from 2025 to 2030, leading to a corresponding increase in demand for AIDC power equipment [5][13] - The domestic data center industry is expected to see substantial capital expenditure growth, with major cloud providers anticipated to ramp up investments, particularly in AI infrastructure [18][24] - The industry is characterized by a long power transmission chain, with established global players like Eaton and Schneider Electric dominating, while domestic companies are gaining competitive advantages in various segments [5][13] AIDC Power Equipment Summary - The demand for AIDC power equipment is projected to reach 29/48/60/67/70/74 GW from 2025 to 2030, with an average annual growth rate of 20% [5][13] - The market space for dry-type transformers, medium and low voltage switchgear, UPS, HVDC, and solid-state transformers is expected to reach 85/341/41/380/239 billion yuan by 2030 [5][12] - Recent performance in the AIDC power equipment sector has shown significant gains, particularly in transformers and switchgear, with notable stock performances from companies like TBEA and XWDA [5][28] Grid Industry Summary - National power engineering investment reached 1,057 billion yuan in June 2025, a year-on-year increase of 22.5% [32] - The grid engineering investment for the same period was 871 billion yuan, reflecting a year-on-year growth of 4.1% [33] - The bidding results for the State Grid's transformer equipment showed a total bid amount of 211.89 billion yuan, a year-on-year increase of 38.1% [61] - The focus for the grid industry includes high voltage orders and the development of new business models such as virtual power plants and green electricity direct supply [5][55]