责任编辑：何俊熹 新浪科技讯 1月12日下午消息，近日，2026款秦L DM-i /2026款秦PLUS DM-i 210KM长续航版双车同步 上市，售价8.98-12.28万元。其中，2026款秦L DM-i 210KM长续航版限时超级优享价11.28-12.28万元， 2026款秦PLUS DM-i 210KM长续航版售价8.98-9.98万元。 据悉，秦系列家族产品累计销量突破270万辆。此次2026款秦L DM-i长续航版纯电续航里程高达 210km，满油满电综合续航达2110km。全系提供包括墨竹青、星河米、冰珀青等6款车色，新年焕新 衣，款款高颜值；科技配置也非常丰富，除了天神之眼C-辅助驾驶系统（DiPilot 100），还搭载云辇-C 智能阻尼车身控制系统、W-HUD抬头显示、一体式智能冷暖冰箱、前排远端侧安全气囊等豪华科技配 置，顶配车型限时赠送价值3000元的TBC高速爆胎稳行系统。 2026款秦PLUS DM-i长续航版纯电续航里程高达210km，满油满电综合续航达2110km。新车NEDC百公 里亏电油耗低至2.79L，平均1公里才2毛钱。搭载天神之眼C-驾驶辅助系统（DiPilot ...

1月9日，比亚迪海洋网旗下两款家轿——2026款海豹05DM-i与海豹06DM-i超享版宣布分别加推两款纯电续航高达210km的全新车型。其中，2026款海豹 05DM-i加推210KM尊贵型、210KM旗舰型，售价8.98万元-9.98万元；海豹06DM-i超享版加推210KM尊享型、210KM旗舰型，售价11.68万元-12.68万元。即 日起，用户可享0首付或0利息、置换补贴、全系2年免费车机流量（5GB/月）、非营运车辆三电系统终身保修（首任车主），整车包修期6年或15万公里等 多重上市购车礼遇。 座舱内部，致力于打造更具品质感的移动空间。分体式超感座椅支持主驾8向电动调节、副驾4向电动调节，具备通风/加热功能；冷暖两用车载冰箱可设置 的温度范围分别为-6℃～15℃以及35℃～50℃，无论冷饮还是热食皆随时可得；可开启式全景天窗则带来更为开阔的车内视野和空间感；此外，前排化妆镜 照明灯、50W手机无线充电、二排带杯托中央扶手、多色氛围灯及新增的三种场景模式，共同营造沉浸式的舒享氛围。 云辇-C智能阻尼车身控制系统支持毫秒级无级自适应调节，有效减少车身倾斜和滑动，结合路面预瞄功能，车辆可提前感知前方路况 ...

新车将插混轿车的纯电续航提升至200公里以上，并标配容量为25.28千瓦时的电池组。 凤凰网科技讯 1月8日，比亚迪（002594）推出2026款秦L DM-i与秦PLUS DM-i的210公里长续航版本， 售价区间为8.98万元至12.28万元。其中，2026款秦L DM-i 210KM长续航版限时优享价11.28-12.28万 元，2026款秦PLUS DM-i 210KM长续航版售价8.98-9.98万元。 此次更新中，秦L DM-i提供包括墨竹青、星河米、冰珀青等6种车身颜色，秦PLUS DM-i提供包括墨竹 青、星河米、未央灰等7种颜色，两款车型均换装集成式电子怀挡。部分配置车型限时赠送TBC高速爆 胎稳行系统，同时享有购置税补贴、金融贴息等上市权益。根据官方数据，秦家族累计销量已超过270 万辆。 两款车型在NEDC工况下综合续航里程达2110公里，百公里亏电油耗为2.79升。秦L DM-i高配车型搭载 云辇-C智能阻尼车身控制系统与多连杆独立悬架，并可选装前排远端侧安全气囊及W-HUD抬头显示系 统。秦PLUS DM-i则配备DiPilot 100辅助驾驶系统与DiLink 100智能座舱高阶版 ...

Core Insights - The latest "Top 500 Chinese Listed Companies by Market Value" list for 2025 highlights the dominance of leading enterprises in finance, energy, technology, consumption, and intelligent manufacturing, with companies like Tencent and Industrial and Commercial Bank of China showcasing trillion-level market values [2][5][17] - The presence of companies such as Industrial Fulian, SMIC, and BYD in the 11th to 30th rankings reflects the deep transformation of China's economic structure, indicating these firms are both stabilizers and leaders in industrial upgrades [2][5][24] Market Value Rankings - The top ten companies by market value include Tencent (49400 billion), ICBC (26311 billion), Agricultural Bank of China (26123 billion), Alibaba (24621 billion), and others, collectively representing a significant portion of the market [17][19] - The total market value of the top ten companies reaches 181.5 trillion, emphasizing the concentration of market power among these leading firms [17][19] Industry Distribution - The companies ranked 11th to 20th span key sectors such as intelligent manufacturing, finance, e-commerce, energy, technology, and new energy vehicles, with a combined market value of 91645 billion [7][24] - The average market value of the top 500 companies is 1856 billion, reflecting a year-on-year increase of 373 billion, with information technology, finance, and consumer discretionary sectors leading in market share [10][27] Economic Transformation - The high market values of these companies signify a shift from extensive growth to intensive growth in China's economy, driven by national policies like "Made in China 2025" and the new energy strategy [9][26] - Analysts suggest that the emergence of high-value companies is due to their alignment with economic transformation directions and their potential for future growth, leading to higher valuation premiums from the capital market [9][26] Corporate Strategies - Companies are focusing on core business upgrades and exploring new growth avenues, with Xiaomi targeting 550,000 vehicle deliveries by 2026 and BYD investing in solid-state and hydrogen fuel cell technologies [11][28] - Financial institutions like China Ping An and China Merchants Bank are enhancing their digital transformation and wealth management capabilities, while Pinduoduo is investing in agricultural technology and expanding its global market presence [11][28] Investment Trends - The performance of the 11th to 20th ranked companies reinforces a value investment orientation, guiding capital towards high-quality enterprises and core sectors [12][28] - The capital market is expected to support the long-term matching of value and market capitalization for these quality enterprises, promoting a positive cycle of corporate development and investor returns [12][28]

2026 年 01 月 12 日 行业研究 评级：推荐(维持) 研究所： 证券分析师： 戴畅 S0350523120004 daic@ghzq.com.cn [Table_Title] 小鹏比亚迪多款新车上市，工信部公示 403 批 新车 ——汽车行业周报 | 行业相对表现 | | | 2026/01/09 | | | --- | --- | --- | --- | --- | | 表现 | | 1M | 3M | 12M | | 汽车 | | 7.2% | -0.4% | 31.3% | | 沪深 | 300 | 3.5% | 1.0% | 25.9% | 相关报告 《汽车行业周报：2026 年汽车报废/置换更新补贴 继续实施，多家车企公布 2025 年 12 月销量（推荐） *汽车*戴畅》——2026-01-06 《汽车事件点评：以旧换新政策落地，看好 2026Q1 乘用车需求修复（推荐）*汽车*戴畅，胡惠民，徐 鸣爽》——2026-01-04 《汽车行业周报：吉利汽车与极氪整合完成，多地 部署 2026"新国补"（推荐）*汽车*戴畅》—— 2025-12-28 《汽车行业 2026 年度投资策略报告：不 ...

1月8日，工信部官微发文称，工信部、国家发展改革委、市场监管总局、国家能源局于1月7日联合召开 动力和储能电池行业座谈会，研究部署进一步规范动力和储能电池产业竞争秩序工作。据媒体报道，本 次会议召集了16家企业，包括13家动力电池与储能电池企业：宁德时代、比亚迪、中创新航、国轩高 科、亿纬锂能、欣旺达、蜂巢能源、瑞浦兰钧、鹏辉能源、海辰储能、正力新能、浙江吉曜通行能源科 技、楚能新能源。另有3家系统集成商：中车株洲所、海博思创、天合储能。此外，有行业媒体报道 称，中国汽车动力电池创新联盟、中国化学物理电源行业协会全程参与此次座谈会，对行业自律进行倡 导。 ISSB范易谋：财政部《气候准则》增强资本市场ESG披露的全球可比性 1月9日，ISSB主席范易谋（Emmanuel Faber）表示，欢迎中国财政部等十部委联合制定的《企业可持续 披露准则第1号——气候（试行）》印发。该准则与《基本准则》相配套，以ISSB准则为基础，为实现 与应用ISSB准则所达到的一致功能奠定基础。此次发布标志着推动增强资本市场可持续相关披露实现 全球可比的势头的一次重大进展。"在ISSB携手全球各国家和地区推进高质量气候和可持续相关披 ...

新广益（301687.SZ）1月12日在投资者互动平台表示，公司研发的冷板 辊压胶膜，主要应用于新能源 汽车动力电池，已顺利通过比亚迪的产品测试，为未来该项业务的大规模量产创造了积极条件。 （记者 王瀚黎） 每经AI快讯，有投资者在投资者互动平台提问：请问公司产品是否适用于服务器液冷散热板？ ...

Core Viewpoint - The article discusses the procurement results for a 200MW/800MWh energy storage project in Alxa, Inner Mongolia, highlighting the competitive bidding process and the selected candidates for the project [2]. Group 1: Project Overview - The project involves the construction of a 200MW/800MWh independent energy storage station using liquid-cooled lithium iron phosphate batteries [2]. - The energy storage system consists of 40 units, each rated at 5MW/20MWh, which includes a 5MW integrated boost converter and four 5MWh battery modules [2]. Group 2: Bidding Results - The first candidate, BYD Auto Industry Co., Ltd., submitted a bid of 33,600,000 yuan, translating to a unit price of 0.42 yuan/Wh [2]. - The second candidate, Shanghai Ronghe Yuan Storage Energy Co., Ltd., bid 36,560,000 yuan, with a unit price of 0.457 yuan/Wh [2]. - The third candidate, Envision Energy Co., Ltd., offered a bid of 36,720,000 yuan, resulting in a unit price of 0.459 yuan/Wh [2]. Group 3: Bidding Scope - The bidding scope includes lithium iron phosphate batteries, battery management systems (BMS), bidirectional converters (PCS), energy management systems (EMS), and various electrical and safety equipment necessary for the complete energy storage system [3][4].

Core Viewpoint - The automotive market in 2025 is characterized by intense competition, price wars, and a shift in consumer behavior towards value-driven purchases, leading to significant challenges for manufacturers [5][39]. Group 1: Market Dynamics - BYD, Geely, and Tesla dominated the sales rankings, with BYD maintaining a significant lead in the new energy vehicle sector, selling 4.545 million vehicles in 2025 [7][12]. - The overall sales of new energy vehicles in China reached 14.78 million units, a year-on-year increase of 31.2%, but BYD's growth rate was only 11% [11][12]. - Consumers are increasingly price-sensitive, often comparing prices across cities, which has benefited brands that offer high value for lower prices [7][10]. Group 2: Competitive Landscape - Geely has adopted aggressive pricing strategies, successfully positioning its models against BYD's offerings, resulting in a total of 1.687 million new energy vehicles sold in 2025 [13][14]. - New entrants like Leap Motor have carved out a niche in the budget segment, achieving sales of 596,600 units, and have become profitable, contrasting with many competitors still struggling [16][17]. - Xiaomi's foray into the automotive market has been successful, with its vehicles achieving significant sales and profitability, highlighting the potential for tech companies to disrupt traditional automotive players [21][22]. Group 3: Challenges and Future Outlook - The automotive industry is facing a bottleneck, with many companies struggling to innovate and maintain profitability amid ongoing price wars [39][40]. - The market is expected to become more challenging in 2026, with changes in tax policies and increased competition from established players like Xiaomi and Tesla [45][46]. - Companies are focusing on cost control and operational efficiency as key strategies to survive in a tightening market [41][39].

证券研究报告·行业跟踪周报·电力设备 电力设备行业跟踪周报 出口退税产业有预期，太空光伏远期空间大 2026 年 01 月 12 日 增持（维持） [Table_Tag] [Table_Summary] 投资要点 证券分析师 曾朵红 执业证书：S0600516080001 021-60199793 zengdh@dwzq.com.cn 证券分析师 阮巧燕 执业证书：S0600517120002 021-60199793 ruanqy@dwzq.com.cn 行业走势 -8% -1% 6% 13% 20% 27% 34% 41% 48% 55% 62% 2025/1/13 2025/5/13 2025/9/10 2026/1/8 电力设备 沪深300 ◼ 风险提示：投资增速下滑，政策不及市场预期，价格竞争超市场预期 相关研究 《锂电价格快速联动，太空光伏远期 空间大》 2026-01-05 《锂电储能淡季不淡、碳酸锂价格超 预期上涨》 2025-12-29 东吴证券研究所 1 / 48 请务必阅读正文之后的免责声明部分 ◼ 电气设备 10595 上涨 5.02%，表现强于大盘。（本周，1 月 5 日-1 月 9 ...