江海股份：电容"老兵"逐鹿AI新疆场 在江海股份电容生产智能车间里，自动化设备正以恒定的节奏，将电解纸和电极箔卷绕成一个个规整的 圆柱体，随后这些圆柱体被送入电解液含浸装置，几个小时后再经过密封、老化、测试、包装等工序， 即可出厂开启它们的使命。 小电容有大用途，它们中的一部分品种，会被集成到服务器电源模块中，安装在全球各地的AI数据中 心机柜中，扮演"备用电源"和"稳压器"的角色。人工智能浪潮奔涌向前，算力基础设施建设方兴未艾， 自1970年即开始研制电容器的江海股份，正以独特的方式投身这场科技变革。 瞄准蓝海 多技术路线卡位AI赛道 算力的尽头是能源，这已是业内共识。随着全球AI数据中心快速扩容和功率密度激增，其电源系统面 临前所未有的"削峰填谷"和瞬时保供压力。超级电容因其高功率密度、毫秒级快速响应和超长循环寿 命，成为应对这一挑战的关键元器件。这片新兴蓝海，吸引了全球厂商竞逐，江海股份是能与国际龙头 比拼的少数中国玩家之一。 接受上海证券报记者采访前，江海股份总裁丁继华正在看一份产品内部测试报告。"公司最新一代超级 电容的初期性能指标，已可比肩甚至超越日本同行。"他透露，公司在生产成本方面具备优势，产 ...

2025上半年电容上市企业营收榜单新鲜出炉，东阳光以71.24亿元营收登顶，它凭借在铝电解电容等领域的技术积累与规模化生产，持续占据行业头部位 置。其产品广泛应用于消费电子、新能源汽车等领域，营收规模的领先，彰显出老牌企业在供应链与市场渠道上的深厚积淀。三环集团、风华高科、江海股 份、法拉电子分别实现营收41.49亿元、27.72亿元、26.94亿元、24.99亿元，它们在各自细分领域展现竞争力。 榜单中既有深耕行业多年的"中坚力量"，也有近年上市的"新势力"。新企业虽营收规模尚小，但在特种电容、高端领域的技术探索，为行业注入了创新活 力。未来，随着新能源、人工智能等领域的发展，电容行业的技术与市场竞争或将愈发激烈。 温馨提示：投资有风险，入市需谨慎，以上信息仅供参考，不构成任何投资建议。 | 排序 | 企业 | 股票代码 | 上市时间 | 上市板块 | 菅收 (亿元) | | --- | --- | --- | --- | --- | --- | | 1 | HEC东阳光 | 600673 | 1993年 | 上海证券交易所 | 71.24 | | 2 | Three-circle Group三环集团 | ...

今年以来江海股份已经7次登上龙虎榜，最近一次登上龙虎榜为9月2日，当日龙虎榜净买入2.52亿元； 买入总计8.44亿元 ，占总成交额比18.50%；卖出总计5.91亿元 ，占总成交额比12.96%。 资料显示，南通江海电容器股份有限公司位于江苏省南通市通州区平潮镇通扬南路79号，成立日期，上 市日期2010年9月29日，公司主营业务涉及电容器及其材料、配件的研发、生产、销售和服务。主营业 务收入构成为：铝电解电容82.75%，薄膜电容8.65%，超级电容6.00%，电极箔2.00%，其他0.60%。 江海股份所属申万行业为：电子-元件-被动元件。所属概念板块包括：消费电子、5G、华为概念、电动 物流车、航天军工等。 截至9月30日，江海股份股东户数4.74万，较上期减少6.11%；人均流通股17325股，较上期增加6.50%。 2025年1月-9月，江海股份实现营业收入41.17亿元，同比增长16.34%；归母净利润5.35亿元，同比增长 8.19%。 12月2日，江海股份盘中下跌2.03%，截至13:29，报26.55元/股，成交2.10亿元，换手率0.96%，总市值 225.81亿元。 资金流向方面，主力 ...

Key Points - The announcement highlights various corporate activities including partnerships, contracts, and share buybacks [1][2] - Notable companies mentioned include 实达集团, 北大医药, and 福建高速, among others [1][2] Group 1: Company Announcements - 实达集团 has not engaged in any business cooperation with 阿里云 [1] - 北大医药's related flu medication has not yet been organized for production and sales [1] - 福建高速 plans to invest 180 million yuan in the capital increase project of 海峡保险 for 2025 [1] Group 2: Contracts and Projects - 圣晖集成 has signed daily operational contracts worth 278 million yuan [1] - 广电运通 is undertaking the construction of an artificial intelligence application pilot base [1] - 江海股份 intends to jointly establish a research institute with related parties [1] Group 3: Equity Transactions - 华峰铝业 plans to acquire 100% equity of 华峰普恩 for 100 million yuan [1] - 海南高速's subsidiary intends to acquire 51% equity of 海南华特 [1] - 阿拉丁 plans to purchase 35% equity of 佑科 for 61.25 million yuan, enhancing its product line in general analytical instruments [1] Group 4: Share Buybacks and Reductions - 东方创业 intends to repurchase company shares worth 50 million to 100 million yuan [2] - 上海机电 plans to buy back between 10.2274 million and 20.4548 million shares [2] - 南方精工's actual controller's concerted party plans to reduce holdings by no more than 2.54% [2]

Core Viewpoint - Jianghai Capacitor Co., Ltd. plans to establish a joint research institute with related parties to enhance its technological innovation capabilities and address the demands of strategic technology research [4][21]. Group 1: Investment Overview - The company intends to jointly establish Jianghai Capacitor Innovation Research Institute Co., Ltd. with Zhejiang Economic Construction Investment Co., Ltd. and Zhejiang Provincial Transportation Group Technology Research Institute [5][17]. - The registered capital of the joint venture is 50 million yuan, with Jianghai Capacitor contributing 30 million yuan (60% ownership), the Technology Research Institute contributing 15 million yuan (30% ownership), and Zhejiang Economic Construction contributing 5 million yuan (10% ownership) [5][19]. Group 2: Approval Process - The investment proposal was reviewed and approved by the independent directors and the board's strategic committee before being submitted to the board of directors for approval [6][25]. - The board meeting held on November 25, 2025, saw all non-related directors voting in favor of the proposal, with related directors abstaining from the vote [2][6]. Group 3: Purpose and Impact - The establishment of the research institute aims to create an independent platform focused on strategic technology research, addressing the needs for higher reliability, longer lifespan, and miniaturization of capacitors in sectors such as new energy and rail transportation [21][25]. - The initiative is expected to enhance the company's competitive edge by integrating resources from universities and research institutions, thereby promoting technological breakthroughs [21][25]. Group 4: Related Party Relationships - Zhejiang Economic Construction Investment Co., Ltd. is the controlling shareholder of Jianghai Capacitor, and both it and the Technology Research Institute are under the same actual controller, the Zhejiang Provincial State-owned Assets Supervision and Administration Commission [7][12]. - The investment constitutes a related party transaction due to the existing relationships among the involved entities [7][12].

Focus 1: Jianlong Micro-Nano (688357) - The company has terminated the planning of a major asset restructuring, which was intended to acquire at least 51% of Shanghai Hanxing Energy Technology Co., Ltd. through cash payment for equity [1] Focus 2: Industrial Fulian - The company has adjusted the maximum repurchase price for its shares from 19.36 yuan per share to 75.00 yuan per share, reflecting confidence in its future development and market conditions [2] Focus 3: *ST Dongtong - The company received a prior notice from the Shenzhen Stock Exchange regarding the proposed termination of its stock listing [3] Focus 4: Fundraising & Restructuring - Aolaide plans to raise up to 299.71 million yuan through a simplified procedure for issuing shares to specific targets, with proceeds allocated for OLED display core material production and working capital [4] - Maigemi has received approval from the Shenzhen Stock Exchange for its application to issue shares to specific targets, meeting all necessary conditions [4] - Su Yan Jingshen has also received approval for its share issuance application, pending final registration with the China Securities Regulatory Commission [4] Focus 5: Important Matters - Baiao Chemical's major shareholders are transferring a total of 10% of the company's shares to Liu Hongjun, resulting in him holding 10% of the total share capital post-transfer [5][6] - Zhejiang Pharmaceutical is planning to spin off its subsidiary for a listing on the Hong Kong Stock Exchange, which will not affect its control over the subsidiary [6] - Huafeng Aluminum is acquiring 100% of Shanghai Huafeng Puen Polyurethane Co., Ltd. for 100.06 million yuan, which will enhance its operational efficiency and market competitiveness [7] Focus 6: New Investments - Fuda Co. is establishing a wholly-owned subsidiary with an investment of 30 million yuan to enhance its forging business and related manufacturing capabilities [8] - Jianghai Co. is forming a joint venture to establish an innovation research institute with a registered capital of 50 million yuan, focusing on strategic technology research [9][10] Focus 7: Capital Market Activities - Zhongshan Bank has issued 60 billion yuan of subordinated debt with a fixed interest rate of 2.16% for a term of 10 years [17] - China Iron and Steel Group plans to increase its stake in China Iron and Steel Co. by investing between 65 million and 130 million yuan over the next six months [18]

Core Viewpoint - Jianghai Co., Ltd. plans to establish a joint research institute with related parties, which constitutes a related party transaction [2] Summary by Sections Company Announcement - On November 26, Jianghai Co., Ltd. announced the convening of its seventh board meeting to approve the establishment of Jianghai Co., Ltd. Innovation Research Institute, in collaboration with Zhejiang Economic Construction Investment Co., Ltd. and Zhejiang Provincial Transportation Group Technology Research Institute [2] - The registered capital of the joint venture is set at 50 million yuan, with Jianghai Co., Ltd. contributing 30 million yuan, holding a 60% stake [2] - The Technology Research Institute will contribute 15 million yuan for a 30% stake, while Zhejiang Economic Construction Investment will contribute 5 million yuan for a 10% stake [2] - The newly formed company will be a subsidiary of Jianghai Co., Ltd. and will be included in the consolidated financial statements [2] Related Party Transactions - Zhejiang Economic Construction Investment is the controlling shareholder of Jianghai Co., Ltd., and both the Technology Research Institute and Zhejiang Economic Construction Investment are under the same actual controller, Zhejiang Provincial State-owned Assets [2] - The investment constitutes a related party transaction due to the existing relationships among the parties involved [2]

Group 1 - The company has reported a high capacity utilization rate for its capacitor products, indicating strong production levels [2] - Product prices for the company's capacitors are currently stable, suggesting no immediate pricing pressures [2]

Core Viewpoint - Jianghai Co., Ltd. plans to establish a joint venture, Jianghai Innovation Research Institute Co., Ltd., with related parties, indicating a strategic move to enhance its research capabilities and innovation [1] Group 1: Joint Venture Details - The registered capital of the joint venture is set at 50 million yuan [1] - Jianghai Co., Ltd. will contribute 30 million yuan, holding a 60% equity stake [1] - The Technical Research Institute will contribute 15 million yuan for a 30% equity stake, while Zhejiang Economic Investment will contribute 5 million yuan for a 10% equity stake [1] Group 2: Financial Implications - The newly established joint venture will be included in Jianghai Co., Ltd.'s consolidated financial statements, potentially impacting the company's financial performance and reporting [1]

Core Viewpoint - Jianghai Co., Ltd. plans to establish a joint venture named Jianghai Innovation Research Institute with Zhejiang Economic Construction Investment Co., Ltd. and Zhejiang Transportation Group Technology Research Institute to enhance its technological research capabilities and address gaps in its current R&D system [1] Group 1: Joint Venture Details - The joint venture will focus on new technology research and talent cultivation, leveraging university laboratory resources and research teams [1] - The registered capital of the joint venture is 50 million yuan, with Jianghai contributing 30 million yuan for a 60% equity stake, the Technology Research Institute contributing 15 million yuan for a 30% stake, and Zhejiang Economic Construction Investment contributing 5 million yuan for a 10% stake [1] - The newly formed company will be a subsidiary of Jianghai and will be included in its consolidated financial statements [1]