绿醇、核聚变、固态电池、储能更新 20251009 摘要 四中全会及"十五"规划或利好光热、海上风电、特高压等领域，美联 储降息持续影响流动性，风电、电网、锂电、储能龙头企业仍是推荐方 向，关注边际变化带来的短期机会。 国内核聚变项目积极推进，多国加大投入。投资应关注国内招标进度、 关键技术突破（如高温超导材料）、海外项目进展，标的包括晶华永鼎、 夏克赛博英捷、合锻智能等。 绿醇销售价格约为灰色甲醇 3 倍，上市公司反馈绿醇生产成本约为 3,000-4,000 元/吨，利润可观。国家能源局支持新能源制新能源，金 风兴安盟绿醇项目完成工艺验证。 IMO 对航运业脱碳要求推动绿醇需求，预计 2030 年绿醇需求达 1,500- 3,000 万吨，增长空间巨大。当前绿醇售价 7,000 元/吨，成本 3,000- 4,000 元/吨，利润可观，相关公司市值潜力巨大。 欧盟碳价约为 80 欧元/吨，绿醇零碳排放带来溢价，若低硫重油售价在 3,000-4,000 元之间，则绿色甲醇价格可以达到 5,000 元，每吨利润可 达 1,000 元。 Q&A 请介绍一下当前电信板块的轮动情况以及投资者应关注的重点。 在 10 ...

该项目一期工程由金风科技全资子公司金风绿能化工（兴安盟）有限公司投资建设，总投资达22.96亿 元，建设规模年产绿色甲醇25万吨，将为全球航运提供第一批规模化绿色甲醇燃料，为下游产业提供更 充足的原材料支持。项目采用先进的环保设施和工艺，确保生产过程中的污染物达标排放，实现经济效 益与环境效益的双赢。截至目前，马士基、赫伯罗特"双子星"联盟分别与金风科技签订绿色甲醇燃料采 购协议，共同推进绿色航运事业的发展。 转自：新华社 近日，全球最大绿色甲醇生产项目金风科技兴安盟绿氢制绿色甲醇项目顺利完成气化炉工艺验证。该项 目此前在行业专家鉴证下实现首次投料，其技术路线核心——生物质气化技术在多种工况下验证运行可 靠，具备可复制性，为项目一期投入生产奠定坚实基础，也标志着化工行业在绿色甲醇生产领域取得重 大突破。 据了解，金风绿能化工利用兴安盟当地资源禀赋，通过风电制绿氢，再结合玉米秸秆等生物质资源进一 步转化为绿色甲醇。在一期气化炉工艺验证成功的基础上，兴安盟行署与金风绿色能源化工科技（江 苏）有限公司再次签订了二期、三期项目投资协议，后续扩建工程已经进入实施准备阶段，全部完工后 预计总产能达145万吨，为兴安盟"绿 ...

新京报贝壳财经讯（记者朱玥怡）10月首个交易日10月9日，A股风电板块迎来开门红。 编辑 岳彩周 头部风电整机厂商股价集体领涨，运达股份（300772.SZ）收20.69元/股，涨9.30%；金风科技 （002202.SZ）收16.24元/股，涨8.48%；明阳智能（601615.SH）收17.28元/股，涨6.93%；三一重能 （688349.SH）收32.49元/股，涨6.91%。 校对 穆祥桐 Wind风电指数（866044.WI）今日涨3.24%，近一年涨幅大幅领先沪深300。 去年下半年开启的新能源反内卷战役中，风电由于自身产业集中度较高，被认为是较早落实反内卷的细 分赛道。 摩根士丹利在9月下旬上调了中国风电行业评级，该机构表示，中国风电价值链成功实现了"反内卷"， 在2025年初出现了价格和整体盈利能力的转机，2025年前8个月陆上风机招标价格较2024年上涨8%，海 上风机价格上涨12%，预计国内风电装机需求将保持韧性，看好关键零部件供应商和海缆企业的投资机 会。 国信证券研报指出，上半年主机企业国内制造盈利磨底，随着涨价后订单的陆续交付，三季度交付端将 迎来单价和毛利率双重修复。海上风电方面 ...

据了解，近日，全球最大绿色甲醇生产项目金风科技兴安盟绿氢制绿色甲醇项目顺利完成气化炉工艺验 证。该项目一期工程由金风科技全资子公司金风绿能化工（兴安盟）有限公司投资建设，总投资达 22.96亿元，建设规模年产绿色甲醇25万吨，将为全球航运提供第一批规模化绿色甲醇燃料，为下游产 业提供更充足的原材料支持。项目采用先进的环保设施和工艺，确保生产过程中的污染物达标排放，实 现经济效益与环境效益的双赢。截至目前，马士基、赫伯罗特"双子星"联盟分别与金风科技签订绿色甲 醇燃料采购协议，共同推进绿色航运事业的发展。 编辑：穆皓 座谈期间，双方围绕项目建设情况和进一步加强合作进行充分交流，并签订绿氢制绿甲醇二期、三期项 目及风电端项目投资协议。计划在绿氢制绿甲醇一期项目关键气化工艺完成后，继续在兴安盟投资建设 年总产量145万吨绿氢制绿甲醇生产装置（含一期25万吨），并配套建设200万千瓦风电项目和制氢工 程。双方将以共同促进兴安盟新能源、绿氢、绿甲醇产业发展为目标，以"绿色氢氨醇"产业示范基地为 基础，深挖上下游企业用能需求，打造以绿电制氢、制绿甲醇项目为支撑的"绿色氢氨醇"产业链。 10月8日，兴安盟与金风绿色能源化工 ...

Core Points - The "2025 (Second) New Energy and Energy Storage Engineering Forum" will be held from October 24 to 26, 2025, in Changsha, Hunan, focusing on the theme of "Disciplinary Talent Support, Industry-Academia Integration Development, and Energy Low-Carbon Transition" [1][3] - The forum aims to address hot issues, technological frontiers, industrial development, and disciplinary construction in the new energy and energy storage engineering fields [3] Forum Structure - The forum will include 8 academic sub-forums, 1 industry forum, 1 disciplinary construction sub-forum, and 1 talent sub-forum [2] - Academic sub-forums will cover topics such as lithium-ion batteries, sodium-ion batteries, solar cells, hydrogen energy, and energy metal resource extraction, gathering over 900 leading talents in the field, including more than ten academicians and nearly a hundred national-level talents [2] - The industry forum will focus on new energy materials, battery cells, energy storage systems, and new power systems, featuring reports from leading companies like Greeenmei, Zijin New Energy, and others, linking over 300 representatives from leading enterprises and more than 20 top investors [2] Objectives - The forum aims to showcase foundational, strategic, and forward-looking new ideas, results, technologies, products, and equipment in the new energy and energy storage engineering fields [3] - It seeks to promote the construction of disciplines, talent cultivation, technological advancement, and industrial development, serving the national "dual carbon" strategy and innovation-driven strategy [3]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 关于全资子公司金风国际为全资子公司金风巴西提 供担保的公告 GOLDWIND SCIENCE&TECHNOLOGY CO., LTD.* 金風科技股份有限公司 ( 於中華人民共和國註冊成立的股份有限公司 ) (Stock Code: 02208) 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第13.10B條而作出。 茲載列金風科技股份有限公司在深圳證券交易所網站刊登的《金風科技股份有限 公司關於全資子公司金風國際為全資子公司金風巴西提供擔保的公告》，僅供參 閱。 承董事會命 金風科技股份有限公司 馬金儒 公司秘書 北京，2025年10月9日 於本公告日期，公司執行董事為武鋼先生及曹志剛先生；公司非執行董事為高建軍先生、楊 麗迎女士及張旭東先生；公司獨立非執行董事為曾憲芬先生、劉登清先生及苗兆光先生；及 公司職工代表董事為余寧女士。 *僅供識別 股票代码：002202 股票简称：金风科 ...

股票代码：002202 股票简称：金风科技 公告编号：2025-084 金风科技股份有限公司 关于全资子公司金风国际为全资子公司金风巴西提 供担保的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 特别提示：本次拟担保的被担保对象 Goldwind Equipamentos e Soluções em Energia Renovável Ltda.资产负债率超过 70%，请投资者 充分关注担保风险。 一、担保情况概述 金风科技（下称"公司"）的全资子公司金风国际控股（香港） 有限公司（下称"金风国际"）的全资子公司 Goldwind Equipamentos e Soluções em Energia Renovável Ltda.（下称"金风巴西"）与 Centrais Eólicas Imburana Macho S.A.签署《风机供货和安装协议》，由金风巴 西为其提供风机的供货、内陆运输、吊装及安装、调试和试运行以及 质保等服务。 金风国际与 Centrais Eólicas Imburana Macho S.A.签署《母公司担 保协议》，为金风巴西 ...

Core Insights - The report highlights a strong performance in the A-share market, with major indices achieving significant monthly gains, particularly the ChiNext Index which rose by 12.04% in September [4] - The stock portfolio for October 2025 shows a diverse range of companies with strong investment themes, including overseas expansion, innovative pharmaceuticals, and recovery in the wind power sector [2][3] Company Summaries Huaxin Cement (600801) - The company is actively expanding overseas, aiming to double its cement production capacity from 25 million tons to approximately 50 million tons by 2025 [10] - Despite a slight decline in cement sales, non-cement business segments such as aggregates and concrete have shown significant growth [10] - The company reported a revenue of 34.217 billion yuan in 2024, marking a 1.36% increase year-on-year, with a notable recovery in net profit in the first half of 2025 [10] Luoyang Molybdenum (603993) - The company achieved record high operating performance with a revenue of 94.773 billion yuan and a net profit of 8.671 billion yuan in the first half of 2025, reflecting a 60.07% year-on-year increase [12] - The company is expanding its global footprint, particularly in gold resources, and has successfully acquired a mining project in Ecuador [16] - The diversified product portfolio, including copper and cobalt, positions the company well against market fluctuations [16] Heng Rui Medicine (600276) - The company reported a stable growth in Q2 2025, with a revenue of 8.556 billion yuan, up 12.53% year-on-year, and a net profit of 2.576 billion yuan, up 24.88% [20] - The innovative drug segment is a key driver of growth, contributing significantly to overall revenue [20] - The company is focusing on accelerating the commercialization of new products to enhance future growth [20] CATL (300750) - The company reported a revenue of 178.886 billion yuan in the first half of 2025, with a net profit of 30.485 billion yuan, reflecting a 33.33% increase year-on-year [24] - CATL continues to innovate with new products in the electric vehicle battery sector, maintaining a strong market position [24] - The company is expanding its production capacity and has significant cash reserves to support its growth strategy [24] Goldwind Technology (002202) - The company achieved a revenue of 28.537 billion yuan in the first half of 2025, a 41.26% increase year-on-year, with a notable improvement in profitability [29] - The sales of large wind turbine units have significantly increased, with a sales capacity of 10.64 GW, up 106.60% year-on-year [29] - The international business segment has also seen substantial growth, with a revenue increase of 75.34% [29] XCMG Machinery (000425) - The company reported a revenue of 54.808 billion yuan in the first half of 2025, a growth of 8.04% year-on-year, with a net profit of 4.358 billion yuan [34] - The company is focusing on expanding its overseas business, which now accounts for 46.61% of total revenue [34] - The growth in demand for earth-moving machinery and the recovery in the lifting machinery sector are key highlights [34] Inovance Technology (300124) - The company reported a revenue of approximately 9 billion yuan in the first half of 2025, with a 50% increase in its new energy business [38] - The company is leveraging its multi-platform and customized solutions to enhance its market position [38] - Significant growth in international sales, particularly in emerging markets, is noted [38] Changdian Technology (600584) - The company achieved a revenue of 18.605 billion yuan in the first half of 2025, a 20.14% increase year-on-year, despite a decline in net profit [43] - Changdian Technology is recognized as a leading player in advanced packaging technology within the semiconductor industry [43] - The company is focusing on automotive electronics and has seen a 34.2% increase in revenue from this segment [43] Luxshare Precision (002475) - The company reported a revenue of 1245.03 billion yuan in the first half of 2025, with a net profit of 6.644 billion yuan, reflecting a 23.13% increase [48] - The consumer electronics segment continues to grow steadily, with significant contributions from new product launches [48] - The automotive business has shown remarkable growth, with an 82.07% increase in revenue [48] Kingsoft Office (688111) - The company is focusing on integrating AI technologies into its office solutions, aiming to enhance productivity and user experience [49] - The report indicates a strong market position and growth potential in the AI-driven office software sector [49]

证券之星消息，10月9日风电设备板块较上一交易日上涨3.88%，运达股份领涨。当日上证指数报收于 3933.97，上涨1.32%。深证成指报收于13725.56，上涨1.47%。风电设备板块个股涨跌见下表： 从资金流向上来看，当日风电设备板块主力资金净流入10.57亿元，游资资金净流入375.68万元，散户资 金净流出10.61亿元。风电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 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002202 | 金风科技 | 3.91Z | 12.44% | -8248.90万 | -2.63% | -3.08 Z | -9.81% | | 601615 | 明阳智能 | 1.75 Z | 8.12% | -5900.75万 | -2.74% | -1.16 Z | -5.38% | | 300850 | 新强联 | 9830.75万 | 6.52% | 4395.68万 | 2.91% | - ...

格隆汇10月9日｜国信证券研报指出，金风科技作为全球风电整体解决方案龙头企业，成功携手马士基 与赫伯特等航运企业促进绿色能源转型。此次顺利投产绿色甲醇产能，为公司从风电解决方案向绿色能 源解决方案的战略跃迁奠定坚实基础。我们预期公司未来把握全球风电长期蓬勃发展的市场机遇，同时 通过绿色甲醇打造第二成长曲线，为公司参与全球绿色能源市场打开广阔空间。该行维持原有盈利预 测，预计2025-2027年公司实现归母净利润26.98/36.73/44.96亿元， 同比+45%/+36%/+22% ， EPS 为 0.64/0.87/1.06 元， 动态PE 为23.4/17.2/14.1倍，维持"优于大市"评级。 ...