Group 1 - The company's stock (Tian Da Co., Ltd., stock code: 002560) experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 20% over two consecutive trading days (October 15 and October 16, 2025) [2] - The company conducted necessary verifications and found no need to correct or supplement previously disclosed information [3][7] - The company's recent production and operational conditions are normal, with no significant changes in the internal and external operating environment [4] Group 2 - The company and its controlling shareholders or actual controllers have no undisclosed significant matters related to the company [5] - During the period of abnormal trading fluctuations, the controlling shareholders and actual controllers did not engage in buying or selling the company's stock [6] - The company will disclose its Q3 2025 report on October 25, 2025, and encourages investors to pay attention to the upcoming financial data [8]

（编辑 姚尧） 证券日报网讯 10月16日晚间，通达股份发布公告称，公司股票连续2个交易日（2025年10月15日、2025 年10月16日）收盘价格涨幅偏离值累计超过20%，属于股票交易异常波动。经核实，公司未发现前期披 露的信息存在需要更正、补充之处。公司未发现近期公共媒体报道了可能或已经对本公司股票交易价格 产生较大影响的未公开重大信息。 ...

Core Viewpoint - The recent "Three-Year Doubling Action Plan" aims to significantly enhance China's electric vehicle charging infrastructure, targeting the establishment of 28 million charging facilities by the end of 2027, which will support over 80 million electric vehicles and double the charging service capacity [1][2]. Industry Overview - China's electric vehicle market is experiencing rapid growth, with the public charging network having expanded to over 300,000 stations, a 303% increase since 2021, now surpassing the number of gas stations by three times [2]. - The current charging infrastructure is unevenly distributed, with significant gaps in rural areas and certain high-demand scenarios, such as logistics and long-haul transport, indicating a need for targeted policy interventions [2][3]. Action Plan Details - The "Action Plan" outlines specific goals, including the addition of 1.1 million new charging facilities over the next three years, which aligns with the projected increase of 30 million electric vehicles [3]. - It emphasizes the need for a balanced charging network that includes fast and slow charging options, with a target of adding 1.6 million direct current charging guns in urban areas by 2027 [4]. Infrastructure Improvements - Plans include the construction of 40,000 high-capacity charging guns at highway service areas to alleviate congestion during peak travel times, addressing the common issue of long wait times for charging [5]. - The initiative also aims to enhance charging facilities in rural areas, with a goal of adding at least 14,000 direct current charging guns in underserved townships by 2027 [5]. Technological and Market Trends - The charging industry is transitioning from a focus on quantity to quality, with an emphasis on improving service standards and technological advancements in charging facilities [7]. - The charging module, which constitutes about 50% of the hardware cost of charging stations, is experiencing a price decline, with prices dropping nearly 40% from early 2024 to the end of the year [8]. Financial Performance - A notable company in the sector, Youyou Green Energy, reported a 22.6% year-on-year increase in domestic revenue for the first half of 2025, amounting to approximately 590 million yuan, although its net profit saw a decline of 24.8% during the same period [8].

证券代码：002560 证券简称：通达股份 公告编号：2025-065 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。 一、股票交易异常波动的情况介绍 河南通达电缆股份有限公司（以下简称"公司"）股票（证券简称：通达股 份，证券代码：002560）连续 2 个交易日（2025 年 10 月 15 日、2025 年 10 月 16 日）收盘价格涨幅偏离值累计超过 20%，根据《深圳证券交易所交易规则》的 相关规定，属于股票交易异常波动的情况。 二、公司关注、核实情况说明 根据相关规定的要求，公司进行了必要核实，现对有关核实情况说明如下： 1、公司未发现前期披露的信息存在需要更正、补充之处。 河南通达电缆股份有限公司 股票交易异常波动公告 2、公司未发现近期公共媒体报道了可能或已经对本公司股票交易价格产生 较大影响的未公开重大信息。 4、公司及控股股东、实际控制人不存在关于公司的应披露而未披露或处于 筹划阶段的重大事项。 2、公司将于 2025 年 10 月 25 日披露《2025 年第三季度报告》，2025 年第三 季度具体经营情况及财务数据请关注公司届时披露的 ...

Core Insights - The power equipment sector experienced a slight increase of 0.47% on the previous trading day, with Tongda Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Stock Performance - Tongda Co., Ltd. (002560) closed at 9.09, up 10.05% with a trading volume of 579,700 shares and a transaction value of 522 million yuan [1] - Sifang Co., Ltd. (601126) closed at 27.37, up 10.01% with a trading volume of 1,104,300 shares and a transaction value of 2.94 billion yuan [1] - Huaming Equipment (002270) closed at 25.20, up 8.29% with a trading volume of 369,100 shares and a transaction value of 897 million yuan [1] - Hongfa Co., Ltd. (600885) closed at 28.66, up 7.74% with a trading volume of 853,700 shares and a transaction value of 2.42 billion yuan [1] - Other notable performers include Hongyuan Co., Ltd. (920018) and Guancheng New Materials (600067), with increases of 7.35% and 6.20% respectively [1] Fund Flow Analysis - The power equipment sector saw a net outflow of 2.223 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.069 billion yuan [2] - Notable net inflows from retail investors were observed in stocks like Huaming Equipment (002270) and Anke Rui (300286) [3] - Major stocks such as Hongfa Co., Ltd. (600885) and Tongda Co., Ltd. (002560) experienced significant net outflows from institutional investors [3]

Core Insights - The National Development and Reform Commission and other departments have issued an action plan to double the service capacity of electric vehicle charging facilities by 2027, aiming to establish 28 million charging facilities and provide over 300 million kilowatts of public charging capacity to meet the demand of over 80 million electric vehicles [1][2]. Group 1: Action Plan Details - The action plan emphasizes enhancing the charging network, improving charging efficiency, optimizing service quality, and innovating the industry ecosystem to boost consumer confidence and promote wider adoption of electric vehicles [2]. - It includes upgrading public charging facilities, particularly in urban areas, with a focus on fast charging and high-power charging networks, aiming to build 40,000 "super fast combined" charging stations along highways by 2027 [2]. - The plan also addresses rural charging infrastructure, targeting the addition of at least 14,000 direct current charging guns in townships without public charging stations by 2027 [2]. Group 2: Industry Outlook - The action plan is part of a broader governmental focus on charging infrastructure, with previous initiatives aimed at promoting high-power charging facilities, which are expected to exceed 100,000 units nationwide by 2027 [4]. - The demand for high-power charging facilities is anticipated to grow significantly, with a shift from AC to DC charging and from low to high power, indicating a potential for substantial growth in the related supply chain [4]. - Companies like Heshun Electric and Futec Technology are actively investing in R&D and product upgrades in the charging station sector, positioning themselves competitively in the market [5][6]. Group 3: Company Performance - Futec Technology, a key supplier of high-voltage power components for electric vehicles, reported a revenue of 1.474 billion yuan in the first half of 2025, a year-on-year increase of 122.64%, with a net profit of 66.95 million yuan, up 15.15% [6]. - Wansheng Intelligent, involved in smart metering and digital grid development, achieved a revenue of 567 million yuan in the first half of the year, reflecting a 16.35% year-on-year growth, with a net profit of 97.05 million yuan, up 12.96% [6].

Core Insights - The National Development and Reform Commission and five other departments issued the "Three-Year Doubling Action Plan for Electric Vehicle Charging Facility Service Capacity (2025-2027)", aiming to establish 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to meet the charging needs of over 80 million electric vehicles, effectively doubling the charging service capacity [1] Industry Summary - The plan is expected to pave the way for the development of the charging pile industry, providing a supportive target that may stimulate demand for charging piles, benefiting companies involved in charging pile manufacturing, charging modules, and operations as the industry develops [1] - The completion of the quantitative goals set in the "Three-Year Doubling" action plan is considered achievable, with actual results likely to exceed expectations [1] Company Highlights - Futec Technology, engaged in the R&D, production, and sales of high-voltage power systems for new energy vehicles, has developed high-power AC/DC and DC/DC liquid-cooled modules, significantly reducing noise pollution and facilitating the promotion of charging piles in residential communities [3] - Tongda Co., primarily involved in electric wires and cables, expects a net profit of 10.8 million to 15.2 million yuan for the first three quarters, representing a year-on-year growth of 50.01% to 111.12% [3] - Shenghong Co. focuses on the application of power electronics technology in industrial power supply and new energy fields, with its electric vehicle charging products recognized as top brands in various evaluations, and is expanding its charging pile layout in rural and county markets [4]

Group 1 - The A-share market opened higher on October 16, with the electric grid equipment ETF (159326) experiencing a slight pullback, down 0.28% as of 10:37 AM, with a trading volume of 91.42 million yuan, marking a new daily high since its listing [1] - The electric grid equipment ETF has seen a net inflow of nearly 200 million yuan over the past seven trading days, bringing its latest scale to 305 million yuan, a record high since its inception [1] - The National Development and Reform Commission issued a three-year action plan (2025-2027) to double the service capacity of electric vehicle charging facilities, emphasizing the upgrade and transformation of distribution networks [1] Group 2 - According to Everbright Securities, the policy aims to establish a unified national electricity market by 2025 and fully complete it by 2029, with a focus on solving consumption issues through various measures [2] - The electric grid equipment ETF (159326) is the only ETF tracking the CSI Electric Grid Equipment Theme Index, with a strong representation in sectors such as transmission and transformation equipment, grid automation, and distribution equipment [2] - The top ten holdings of the ETF include industry leaders such as Guodian NARI, TBEA, and Siyuan Electric, indicating a robust portfolio [2]

Group 1 - Military stocks showed strong performance at the beginning of trading, with Tongda Co. and Chengfei Integration hitting the daily limit, while Dongli Source rose over 7% and Qifeng Precision increased by over 6% [1] - Other companies such as AVIC Chengfei, Hongdou Co., Kerun Zhikong, Lijun Co., and Guihang Co. also saw gains exceeding 5% [1] - The Indonesian Defense Minister confirmed the country's intention to purchase Chinese J-10 fighter jets, although he did not disclose specific details regarding the timeline or quantity of the procurement [1]

Core Viewpoint - The A-share market saw a strong performance in military stocks, particularly with companies like Tongda Co. and Chengfei Integration hitting the daily limit, following Indonesia's confirmation of plans to purchase Chinese J-10 fighter jets [1] Group 1: Stock Performance - Tongda Co. (002560) increased by 10.05%, with a total market value of 4.779 billion [2] - Chengfei Integration (002190) rose by 10.00%, with a market capitalization of 16.9 billion [2] - Power Source (600405) gained 7.72%, with a market value of 3.849 billion [2] - Qifeng Precision (920169) saw a rise of 6.60%, with a market cap of 2.759 billion [2] - AVIC Chengfei (302132) increased by 5.92%, with a market value of 243.7 billion [2] - Hongdou Co. (600400) rose by 5.88%, with a market capitalization of 7.012 billion [2] - Kairun Intelligent Control (920062) increased by 5.69%, with a market value of 2.489 billion [2] - Lijun Co. (002651) rose by 5.44%, with a market capitalization of 12.4 billion [2] - Guihang Co. (600523) increased by 5.35%, with a market value of 6.287 billion [2] Group 2: Year-to-Date Performance - Chengfei Integration (002190) has seen a year-to-date increase of 143.54% [2] - Qifeng Precision (920169) has a year-to-date increase of 154.91% [2] - Kairun Intelligent Control (920062) has increased by 72.67% year-to-date [2] - Lijun Co. (002651) has a year-to-date increase of 64.70% [2] - Guihang Co. (600523) has increased by 31.66% year-to-date [2]