马斯克的上述论断不仅揭示了全球能源供给与AI发展的核心矛盾，也凸显了中国在电力能源领域的布局优势。事实上，伴随这一趋势，中国电力设备企业 正以技术和产能为依托，加速向海外市场渗透，在全球能源转型浪潮中抢占先机。 从全球电力市场格局来看，能源供需失衡与电网升级需求已形成共振，为相关企业提供了广阔市场空间。国际能源署（IEA）报告提出，到2030年，全球数 据中心电力需求预计将达945太瓦时（即约10亿千瓦时），占全球用电量近3%，较2024年增幅超一倍。其中，数据中心扩张、AI技术发展成为核心驱动力。 据美国能源研究所（IER）估算，OpenAI"Orion"模型进行一次训练所消耗的电量约达110亿千瓦时，相当于约100万美国家庭一整年的用电量；数据中心、 人工智能和加密货币消耗的电力也在持续大幅增加。 转自：新华财经 新华财经上海1月23日电（谈瑞、周子涵）人工智能（AI）芯片生产正呈指数级增长，但电力供应增长缓慢，阻碍了人工智能数据中心训练和部署人工智能 模型的效率。美国企业家埃隆·马斯克日前在2026年达沃斯世界经济论坛上关于AI与电力之间的论断在本周资本市场上也得到了体现。在AI驱动的电力需求 爆发下， ...

Core Viewpoint - The report highlights the performance and strategic focus of the Bosera New Energy Theme Mixed A Fund, emphasizing its investment in high-growth and low-penetration sectors within the new energy industry, particularly in electric equipment and solid-state batteries [3][4]. Fund Performance - The fund reported a profit of 440,800 yuan in Q4 2025, with a weighted average profit per share of 0.0022 yuan [3]. - The net asset value (NAV) growth rate for the fund was 0.39% during the reporting period, with a total fund size of 162 million yuan as of the end of Q4 [3][15]. - As of January 22, the fund's unit NAV was 0.872 yuan [3]. Comparative Performance - Over the past three months, the fund's NAV growth rate was 12.65%, ranking 49 out of 100 among comparable funds [4]. - The fund's NAV growth rate over the past six months was 41.54%, ranking 31 out of 100 [4]. - The one-year NAV growth rate was 52.48%, ranking 36 out of 92 [4]. - The three-year NAV growth rate was 10.94%, ranking 31 out of 68 [4]. Risk Metrics - The fund's Sharpe ratio over the past three years was 0.4889, ranking 25 out of 66 among comparable funds [9]. - The maximum drawdown over the past three years was 46.79%, with the highest single-quarter drawdown occurring in Q2 2022 at 22.22% [11]. Investment Strategy - The fund manager indicated an increased allocation to high-growth and low-penetration sectors within the new energy industry, specifically targeting electric equipment exports and upstream lithium battery materials [3]. - The solid-state battery sector is highlighted as a low-penetration area, with expectations for mass production to begin in 2026 and scale deployment in 2027 [3]. Portfolio Composition - As of December 31, the fund's top ten holdings included companies such as CATL, Sungrow Power Supply, and Tianqi Lithium [18]. - The average stock position over the past three years was 86.14%, with a peak of 89.88% at the end of Q1 2023 [14].

聚焦涨价环节、AI+【太平洋新能源-周展望系列】（20260123） [太阳]进一步聚焦涨价环节、AI+，碳酸锂、AIDC、AI应用是核心。 [玫瑰]电动车产业链： 1、电动车、储能等下游结构性向好，宁德时代、亿纬锂能等受益。1）近期多家车企密集披露2026年销量目标， 零跑汽车（100万辆，同比增约67.6%）、蔚来（45.64万-48.9万辆，同比增40%-50%）、小米汽车（55万辆，同比 增约34%）、鸿蒙智行（100万-130 聚焦涨价环节、AI+【太平洋新能源-周展望系列】（20260123） [太阳]进一步聚焦涨价环节、AI+，碳酸锂、AIDC、AI应用是核心。 [玫瑰]电动车产业链： 1、电动车、储能等下游结构性向好，宁德时代、亿纬锂能等受益。1）近期多家车企密集披露2026年销量目标， 零跑汽车（100万辆，同比增约67.6%）、蔚来（45.64万-48.9万辆，同比增40%-50%）、小米汽车（55万辆，同比 增约34%）、鸿蒙智行（100万-130万辆，上限同比增约120%）等新势力车企聚焦"规模跃升"。2）鑫椤锂电数据 显示2025年全球锂电池产量达2297GWh，同比大增48.5%， ...

Group 1 - The core viewpoint of the article highlights the target price increases for several listed companies, with Zijin Mining, BAIC Blue Valley, and Huqin Technology leading the rankings with target price increases of 65.69%, 40.29%, and 39.15% respectively, across the industrial metals, passenger vehicles, and consumer electronics sectors [1][2]. Group 2 - On January 22, a total of 24 listed companies received recommendations from securities firms, with Lihigh Food receiving 2 recommendations, while companies like Baolong Oriental and BAIC Blue Valley received 1 recommendation each [4]. - The companies that received first-time coverage on January 22 include BAIC Blue Valley with a "Buy" rating from Guotai Junan Securities, Yanzhou Coal with an "Outperform" rating from Guosen Securities, Hezhu Intelligent with a "Buy" rating from Huayuan Securities, and Jiachih Technology with a "Buy" rating from Kaiyuan Securities [5][6].

视觉中国图片 数据来源/天相投顾 制表/张凌之 代码 名称 增持市值（亿元） 300308 中际旭创 226.02 601318 中国平安 105.37 002384 东山精密 101.97 300502 新易盛 96.26 600183 生益科技 60.17 601899 紫金矿业 53.17 000807 云铝股份 43.21 002028 思源电气 41.99 300390 天华新能 40.23 300751 迈为股份 38.52 ...

根据业绩披露规则，年报披露季部分上市公司会提前发布业绩预告或业绩快报，而且相对于业绩预告， 业绩快报的准确性更强。截至1月22日，共31家公司发布了2025年业绩快报。 证券时报·数据宝统计显示，公布业绩快报公司中，营业收入最高的是保利发展，去年实现营业收入 3082.61亿元，同比增长-1.09%；其次是兴业银行、中信银行，去年营业收入分别为2127.41亿元、 2124.75亿元。增幅方面，21家公司营业收入同比增长，增幅最高的是思源电气，去年实现营业收入 212.05亿元，同比增长37.18%；其次是中信证券、北鼎股份，营业收入同比分别增长28.75%、26.04%。 利润方面，公布业绩快报公司中，去年全部实现盈利，净利润在百亿元以上的有8家，净利润最高的是 兴业银行，去年实现净利润774.69亿元 ，同比增长0.34%，其次是中信银行、浦发银行，净利润分别为 706.18亿元、500.17亿元。从增幅来看，净利润同比增长的有19家，增幅最大的是泉阳泉，去年共实现 净利润0.15亿元，同比增长147.89%，其次是北鼎股份、思源电气，净利润同比分别增长59.05%、 54.35%；净利润同比下降的有12 ...

（上接1版） 同期，新农股份、大洋生物等多家化工企业也呈现出持续向好的经营态势。 作为全球领先的LED显示应用与服务提供商，艾比森预计2025年度归属于上市公司股东的净利润为2.4 亿元至2.9亿元，同比增长105.32%至148.09%。公司强调，经过多年持续深耕与科学布局，进一步深化 本地化运营，构建起高效协同的全球渠道网络，打造出差异化的品牌优势，显著增强了在国际市场的竞 争力。目前业务已覆盖超140个国家，全年实现海外营业收入约31.93亿元，同比增长约8.94%，保持良 好增长态势。 对于楚天科技来说，公司预计2025年归母净利润达2.35亿元至3亿元，一举扭亏为盈。其核心驱动力正 是国际市场的强势突破——公司在东南亚、中东非、美洲地区等取得突破性进展，海外业务进入快速增 长通道，国际业务占比显著提升，带动利润大幅增长。 有色金属板块同样受益于价格高位运行和产能释放，紫金矿业、洛阳钼业、腾远钴业等上市公司业绩均 大幅增长。以紫金矿业为例，公司预计2025年实现归属于上市公司股东的净利润510亿元至520亿元，同 比增长59%至62%。公司业绩增长动力源于主要矿产品产量同比增加，以及矿产金、矿产铜、矿 ...

Core Viewpoint - The company, Siyuan Electric (002028), emphasizes its diverse product range and material types, including copper, and highlights its strategy of using copper futures for hedging against raw material price fluctuations [1] Group 1: Product and Material Diversity - The company offers a wide variety of products with multiple types of materials, among which copper is one [1] Group 2: Hedging Strategy - The company engages in copper futures hedging to align with its production and operational needs, aiming to mitigate risks associated with raw material price volatility [1] - The hedging activities are strictly limited to copper futures contracts traded on domestic exchanges, prohibiting any speculative trading for profit [1] - The company commits to continuously reviewing and summarizing its hedging activities [1]

Core Viewpoint - The company, Siyuan Electric (002028), indicated that its operating cash flow is expected to decline year-on-year in 2025, highlighting the need for improvement and reflection in its operations [1] Group 1: Financial Performance - The company experienced an expansion in business scale last year, with certain segments growing at a rapid pace [1] - As a result of business development needs and customer requirements, inventory levels have increased, leading to temporary pressure on cash flow [1] Group 2: Cash Flow Management - The company is actively working to enhance its cash flow management capabilities to ensure sufficient liquidity for its operations [1]

证券日报网1月21日讯，思源电气（002028）在接受调研者提问时表示，储能业务的加权平均毛利率水 平相比其他产品低，公司还需要进一步向友商学习，向客户、供应商学习，不断提升自身产品的竞争 力。 ...