Group 1 - The core viewpoint of the article highlights a significant increase in the stock prices of electric grid equipment companies in the A-share market, driven by rising electricity demand from data centers [1] Group 2 - YN Power surged over 19%, while Anke Intelligent Electric and Can Energy both rose over 15%, indicating strong market performance among these companies [1] - Other notable performers included Shuangjie Electric with a rise of over 14%, and Kerun Intelligent Control with an increase of over 12% [1] - The U.S. Department of Energy and Lawrence Berkeley National Laboratory (LBNL) estimated that electricity consumption by data centers will increase from approximately 176 TWh in 2023 to potentially an additional 325-580 TWh by 2028, significantly boosting overall electricity demand and creating localized capacity shortages [1]

Group 1 - The company, Sanbian Technology, specializes in the research, production, and sales of various types of transformers, primarily used for power conversion and transmission [2] - The company has confirmed that it exports products to North American countries [2]

（文章来源：证券日报） 证券日报网讯 1月9日，三变科技在互动平台回答投资者提问时表示，公司产品可用于电力转换及传 输、升压、降压等，公司产品目前已有出口至欧洲、东南亚等国家。 ...

Group 1 - The power grid equipment sector showed strong performance at the beginning of trading, with Hangzhou Kelin reaching a new high during the session [1] - Companies such as Sanbian Technology, Heshun Electric, and China West Electric hit the daily limit up, indicating significant investor interest [1] - New Special Electric, Baobian Electric, and Meishuo Technology also experienced gains, reflecting a broader positive trend in the sector [1]

Market Overview - The Shanghai Composite Index closed at 4083.67 points, above the six-month moving average, with an increase of 1.50% [1] - The total trading volume of A-shares reached 33,301.51 million yuan [1] Stocks Above Six-Month Moving Average - A total of 244 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Hanxin Technology: 25.26% - Qiangli New Materials: 13.64% - Tianli Technology: 11.68% [1] Stocks with Minor Deviation Rates - Stocks with smaller deviation rates that have just crossed the six-month moving average include: - Future Electric - ST Langyuan - Guojin Securities [1] Top Performing Stocks - The top stocks with the highest deviation rates and their respective performance metrics are: - Hanxin Technology: 29.99% increase, 25.42% turnover rate, latest price 48.89 yuan - Qiangli New Materials: 15.84% increase, 36.12% turnover rate, latest price 15.80 yuan - Tianli Technology: 20.01% increase, 19.26% turnover rate, latest price 32.21 yuan [1] Additional Notable Stocks - Other notable stocks with significant performance include: - Tonghuashun: 12.01% increase, 8.84% turnover rate, latest price 372.00 yuan - Binhu Chemical: 9.95% increase, 5.78% turnover rate, latest price 4.75 yuan - AVIC Xi'an: 10.00% increase, 4.45% turnover rate, latest price 28.48 yuan [1]

浙商证券股份有限公司 关于三变科技股份有限公司 2025 年度持续督导现场检查报告 | 保荐机构名称：浙商证券股份有限公司 | | 被保荐公司简称：三变科技 | | | --- | --- | --- | --- | | 保荐代表人姓名：沈琳 | | 联系电话：0571-87902572 | | | 保荐代表人姓名：蒋舟 | | 联系电话：0571-87902572 | | | 现场检查人员姓名：沈琳、蒋舟 | | | | | 年度 现场检查对应期间：2025 | | | | | 年 月 日至 现场检查时间：2025 12 22 23 | 日 | | | | 一、现场检查事项 现场检查意见 | | | | | （一）公司治理 | 是 | 否 | 不适用 | | 现场检查手段： | | | | | （一）对上市公司董事、高级管理人员进行访谈； | | | | | （二）查看公司章程和公司治理制度； | | | | | （三）查阅公司股东大会、董事会和监事会相关会议文件； | | | | | （四）现场查看公司主要管理场所； | | | | | （五）对有关文件及其他资料或者客观状况进行查阅、复制、记录。 | | ...

三变科技股份有限公司（以下简称"公司"）于 2025 年 8 月 13 日召开第七届董事会 第十九次会议、2025 年 9 月 3 日召开 2025 年第三次临时股东大会，审议通过了《关于变 更注册资本并修订<公司章程>的议案》，具体内容详见公司在《证券时报》《中国证券报》 和巨潮资讯网（www.cninfo.com.cn）上披露的《第七届董事会第十九次会议决议公告》 （公告编号：2025-048）、《关于变更注册资本、修订<公司章程>并办理工商变更登记及 修订、制定部分公司治理制度的公告》（公告编号：2025-051）、《2025 年第三次临时股 东大会决议公告》（公告编号：2025-056）。 近日，公司完成了工商变更登记和章程备案手续，并取得了浙江省市场监督管理局换 发的《营业执照》，公司本次经核准的变更登记事项如下： 证券代码：002112 证券简称：三变科技 公告编号：2025-077 三变科技股份有限公司 关于完成工商变更登记并换发营业执照的公告 公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导性陈述 或重大遗漏。 输配电及控制设备制造；电机制造，机械设备研发；机械电气设备制造 ...

Group 1 - The core viewpoint of the news is that Sanbian Technology has experienced a stock price increase of 1.54%, reaching 13.82 CNY per share, with a total market capitalization of 4.065 billion CNY and a trading volume of 294 million CNY on December 24 [1] - Sanbian Technology's stock price has risen for four consecutive days, with a cumulative increase of 6.39% during this period [1] - The company, established on December 29, 2001, and listed on February 8, 2007, specializes in the production, maintenance, and sales of transformers, motors, reactors, low-voltage complete electrical equipment, and power transmission and transformation equipment [1] Group 2 - The largest circulating shareholder of Sanbian Technology is the Guotai Fund, which reduced its holdings in the Guotai Valuation Advantage Mixed Fund (LOF) A (160212) by 9.7208 million shares, now holding 2.8709 million shares, representing 1.1% of the circulating shares [2] - The Guotai Valuation Advantage Mixed Fund (LOF) A (160212) has achieved a return of 52.5% this year, ranking 975 out of 8088 in its category, and a return of 50.54% over the past year, ranking 1009 out of 8058 [2]

证券日报网讯 12月23日，三变科技（002112）在互动平台回答投资者提问时表示，公司持续关注海外 电力设备市场需求变化，并积极做好销售应对措施。 ...

Group 1 - The core viewpoint of the articles highlights the increasing trend of Chinese power equipment companies expanding their overseas operations driven by global energy transition and infrastructure demands in emerging markets [1][2][3] - Companies like Sanbian Technology are establishing subsidiaries in strategic locations such as Greece to enhance their market reach in Eastern and Southern Europe, as well as the Middle East, capitalizing on local energy transition initiatives [1][2] - The shift from a single product export model to a comprehensive "equipment + service + investment" model is evident, as companies adapt to market demands and enhance their competitiveness in international markets [2][3] Group 2 - Emerging markets require complete infrastructure solutions, while Western markets prioritize technological adaptability and localized services, which can elevate companies' positions in the industry and strengthen their resilience [3] - Companies are urged to enhance their core capabilities in areas such as technology research and development, market expansion, marketing, after-sales service, and project investment management to succeed in overseas ventures [3] - Recommendations include increasing R&D investment, developing customized products and services for different markets, building localized teams and channels, and improving project evaluation and operational capabilities to ensure profitability and sustainability of overseas investments [3]