证券代码：002922 证券简称：伊戈尔 公告编号：2026-002 伊戈尔电气股份有限公司 6、注册资本：肆亿贰仟叁佰壹拾万叁仟壹佰贰拾肆元人民币 7、成立日期：1999 年 10 月 15 日 关于完成工商变更登记的公告 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。 伊戈尔电气股份有限公司（以下简称"公司"）分别于 2025 年 10 月 28 日 召开第六届董事会第二十八次会议、于 2025 年 11 月 14 日召开 2025 年第一次临 时股东大会，审议通过了《关于修订<公司章程>的议案》。公司注册资本由 39,220.5291 万元变更为 42,310.3124 万元，公司董事会成员将由 5 名增加至 7 名， 并由董事会审计委员会承接法律法规规定的监事会相关职权。具体内容详见公司 披露在《证券时报》《中国证券报》及巨潮资讯网的《关于修订公司章程及相关 制度的公告》（公告编号：2025-080）。 近日，公司完成上述事项工商变更登记及备案手续，并取得了佛山市市场监 督管理局换发的《营业执照》，变更后的营业执照内容如下： 1、名 称：伊戈尔电气股份 ...

证券代码：002922 证券简称：伊戈尔 公告编号：2026-001 伊戈尔电气股份有限公司 2025年前三季度权益分派实施公告 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。 伊戈尔电气股份有限公司（以下简称"公司"）2025 年前三季度权益分派方案 已获 2025 年 12 月 18 日召开的 2025 年第二次临时股东会审议通过，现将权益分 派事宜公告如下： 一、股东会审议通过利润分配方案的情况 1、股东会审议通过的分配方案：以公司总股本 423,352,124 股扣除公司回购 专用证券账户持有的 3,079,900 股和拟回购注销股权激励计划部分限制性股票 146,000 股后的股本 420,126,224 股为基数，向全体股东每 10 股派发现金股利人 民币 1.00 元（含税），合计派发现金股利人民币 42,012,622.40 元，不送红股， 不进行资本公积转增股本。若在方案实施前由于股份回购、股权激励行权、实施 员工持股计划、再融资新增股份上市等原因而引起总股本变化的，则以未来实施 分配方案时股权登记日的可分配股份总数为基数，利润分配按照每股分 ...

伊戈尔公告称，2025年前三季度权益分派方案已获股东会通过。以现有总股本423,206,124股剔除已回购 股份3,079,900股后的420,126,224股为基数，向全体股东每10股派1元现金（含税），合计派发现金红利 4201.26万元。股权登记日为2026年1月12日，除权除息日为1月13日。公司回购专用证券账户中已回购 股份不参与分红，实施权益分派后将对股票期权行权价格相应调整，具体关注后续公告。 ...

Core Insights - The rapid expansion of AI data centers, combined with the "anti-involution" trend, is expected to create new opportunities in the renewable energy sector by 2026 [1] Group 1: Policy and Regulatory Developments - The National Development and Reform Commission and the National Energy Administration aim for renewable energy generation to account for approximately 30% of total power generation by 2030 [2] - By 2035, a new type of power grid platform will be established, enhancing the optimization of power resources and supporting the stable operation of the power system [2] Group 2: Market Growth and Trends - The "14th Five-Year Plan" indicates that non-fossil energy will gradually become the main energy supply, marking a significant transformation in the energy supply structure [3] - The global demand for electricity is expected to expand exponentially due to the booming AI data centers and the acceleration of global electrification [3] Group 3: Investment Opportunities - A report from Citigroup highlights that transformer and large-scale energy storage systems (ESS) may become critical bottleneck assets in supporting the expansion of AI data centers [3] - Various institutions have released strategies for 2026, expressing optimism for the renewable energy sector, particularly in upstream materials like graphite anode materials and lithium hexafluorophosphate [3] Group 4: High-Growth Stocks - A total of 64 stocks in the renewable energy sector are projected to have a net profit growth rate exceeding 20% in both 2026 and 2027 [5] - Among these, 31 stocks have an upside potential of over 20% based on the comparison of their closing prices on December 31, 2025, with the target prices predicted by institutions [5] Group 5: Specific Stock Insights - EVE Energy is expected to have a price increase potential of 52.4%, driven by the launch of a new cylindrical battery project and improvements in profitability through energy storage and solid-state batteries [7] - Igor's stock has a potential increase of 49.58%, benefiting from the scaling of overseas production and new growth opportunities in the data center sector [7] - The rolling P/E ratio for Satellite Chemical is the lowest at 9.71, with ongoing development of immersion liquid cooling solutions for various applications [8][9]

Group 1 - The company is actively advancing its global production capacity layout, with factories in Thailand, Mexico, and Texas, USA, aimed at expanding growth opportunities in the transformer market [1] - The data center transformer business is experiencing rapid growth, with a significant increase in orders, particularly in North America, where orders have surged over 400% year-on-year [1][2] - The company has secured large dry transformer projects in Texas, marking a significant breakthrough in the North American market after similar successes in domestic and Japanese markets [2] Group 2 - Revenue forecasts for the company are projected to be 57.95 billion, 74.09 billion, and 94.17 billion yuan for 2025, 2026, and 2027 respectively, with corresponding EPS of 0.64, 1.03, and 1.55 yuan [3] - The current stock price corresponds to a PE ratio of 47.6, 29.9, and 19.7 for the years 2025, 2026, and 2027, indicating a favorable investment opportunity as the company capitalizes on global transformer supply-demand dynamics [3]

12月23日，俄罗斯驻华大使伊戈尔·莫尔古洛夫到访中国人民大学，并做客重阳金融研究院区域国别论 坛"大使讲坛"，发表题为"2025年中俄关系回顾"的主题演讲。 尊敬的郑新业副校长、尊敬的王文院长、亲爱的朋友们！ 伊戈尔·莫尔古洛夫大使做客中国人民大学重阳金融研究院区域国别论坛"大使讲坛" 伊戈尔·莫尔古洛夫： 很高兴来到中国人民大学——中华人民共和国在人文社会科学领域的顶尖高校之一。我将从俄中双边关 系的几个维度展开我的发言。 过去一年，俄中关系的核心主题是共同纪念和庆祝伟大的苏联卫国战争胜利80周年、中国人民抗日战争 暨世界反法西斯战争胜利80周年。在那段艰苦卓绝的岁月里，苏联人民和中国人民并肩作战，英勇抗击 侵略者，以巨大的牺牲赢得了最终的伟大胜利。 01 "前事不忘 后事之师" 正如俄罗斯总统弗拉基米尔·普京精辟指出："那时我们站在一起，现在也站在一起。"的确，两国人民 在第二次世界大战中锤炼出的战斗情谊和互助传统，为当代俄中全面战略协作伙伴关系奠定了坚实基 础。特别值得一提的是，苏联是第一个在抗日战争中向中国伸出援助之手的国家：1937年至1941年间， 苏联援华航空志愿队与中国军民并肩作战；1945 ...

Investment Rating - The report gives a "Buy" rating for the company, marking its first coverage [11]. Core Insights - The company focuses on the overseas transformer market, benefiting from significant advantages in product technology, overseas production capacity, and downstream customer relationships. Given the current tight supply of transformers abroad and the anticipated widening supply gap due to AI development, the company is expected to benefit from this trend, with an increasing proportion of overseas customers driving operational growth. A turning point in operations has already been observed [2][9]. Summary by Sections Overall Business Focus - The company has accelerated its business expansion since its IPO in 2017, focusing on digital transformation and expanding production bases both domestically and internationally. The core business has shifted towards energy products, particularly transformers, which are expected to see a significant increase in revenue share from 56% in 2021 to 73% in 2024 [5][25][20]. Main Business: North America Focus - The company has strategically positioned itself in the North American market, where the construction speed of power supply and grid infrastructure does not match the rapid development of AI data centers, leading to potential electricity shortages. The company has established a competitive edge in overseas production capacity and customer relationships, with plans for production bases in Malaysia, Thailand, the USA, and Mexico [6][74][82]. New Business Ventures - The company is actively developing new areas in AIDC high-voltage direct current power products, particularly in Panama, where it has established a leading position in phase-shifting transformer technology. This segment is expected to contribute additional growth if successful [8][91][107]. Investment Recommendations - The report anticipates that the company's net profit attributable to shareholders will reach 500 million yuan by 2026, corresponding to a PE ratio of approximately 28 times. The ongoing tight supply of transformers and the expected increase in overseas customer share are expected to enhance profit growth elasticity [9][12].

Investment Rating - The industry investment rating is "Outperform the Market - A" [1] Core Insights - The artificial intelligence (AI) industrialization wave is approaching, leading to a rapid increase in demand for Artificial Intelligence Data Centers (AIDC) [4][11] - Power distribution equipment is a crucial component of AIDC and is expected to benefit significantly from the high demand in AIDC [36] - Major companies involved in the AIDC sector are highlighted, indicating potential investment opportunities [3] Summary by Sections Section 1: AI Industrialization and AIDC Demand Growth - AI is at a critical turning point for commercial deployment, driving a rapid increase in demand for intelligent computing power [4][11] - AIDC serves as the physical carrier for intelligent computing power, benefiting from the AI industrialization wave [12] - AIDC is evolving towards high energy consumption and high density, necessitating continuous upgrades in power distribution equipment [30][35] Section 2: Power Distribution Equipment in AIDC - Power distribution equipment is a vital part of AIDC, accounting for approximately 13% of initial investment costs [42] - AIDC's power supply architecture typically employs redundancy designs to ensure high reliability [43][44] - Diesel generator sets are the most common backup power solution for AIDC [56][60] - The transition from UPS to high-voltage direct current (HVDC) systems is anticipated, with HVDC becoming the mainstream architecture in the future [68][86] - The market for server power supplies is projected to exceed 100 billion, with supercapacitors and battery backup units (BBU) being key growth areas [113]

伊戈尔公告称，公司完成回购注销14.60万股限制性股票，占回购注销前总股本的0.0345%。其中，2023 年激励计划首次授予部分1.00万股，2024年激励计划首次授予部分2.10万股、预留授予部分11.50万股， 涉及5名离职激励对象。回购总金额119.97万元，已于2025年12月25日完成回购注销登记手续。回购 后，公司总股本由423,352,124股减至423,206,124股。本次回购对公司财务和经营无实质影响。 ...

证券代码：002922 证券简称：伊戈尔 公告编号：2025-117 伊戈尔电气股份有限公司 关于完成回购注销部分限制性股票的公告 不作处理，已获授但尚未行权的股票期权不得行权，由公司进行注销；其已解除 限售的限制性股票不作处理，已获授但尚未解除限售的限制性股票不得解除限售， 由公司以授予价格进行回购注销。2、激励对象若因公司裁员等原因被动离职的 且不存在绩效不合格、过失、违法违纪等行为的，其已行权的股票期权不作处理， 已获授但尚未行权的股票期权不得行权，由公司进行注销；其已解除限售的限制 性股票不作处理，已获授但尚未解除限售的限制性股票不得解除限售，由公司以 授予价格加上中国人民银行同期存款利息之和进行回购注销。" 2023 年激励计划首次授予限制性股票的 1 名激励对象因主动离职而不再符 合激励对象资格，其已获授但尚未解除限售的剩余限制性股票共计 1.00 万股由 公司回购并注销。 1、本次完成回购注销 14.60 万股限制性股票，占回购注销前公司总股本的 0.0345%。其中，回购注销 2023 年股票期权与限制性股票激励计划首次授予部分 限制性股票 1.00 万股；回购注销 2024 年股票期权与限制 ...