人民财讯10月27日电，企查查APP显示，近日，四川瑞达特来电充电网运营有限公司成立，注册资本 1000万元，经营范围包含：电动汽车充电基础设施运营；集中式快速充电站；机动车充电销售；充电桩 销售等。企查查股权穿透显示，该公司由特锐德旗下特来电新能源股份有限公司等共同持股。 转自：证券时报 ...

一、概述 光伏预制舱是一种集成式光伏发电设备，其核心功能是将光伏电站中的关键电气设备（如逆变器、汇流 箱、变压器、储能变流器PCS、电池簇等）、辅助系统（通风、散热、消防、监控等）及内部布线，在 工厂内完成集成、调试与检测，再运输至项目现场进行简单拼接和接线，即可快速投入运行的标准化设 备单元，其具有占地面积小、施工周期短、环境适应性好、耐冲击、耐腐蚀、耐高/低温等优势。 按核心集成设备不同，光伏预制舱可以分为光伏逆变器预制舱、光储一体化预制舱、升压预制舱、汇流 预制舱、综合控制预制舱等类型，其中，光伏逆变器预制舱主要应用于大型地面光伏电站（集中式逆变 器舱）、工商业分布式电站（组串式逆变器舱）等场景；光储一体化预制舱主要应用于需峰谷套利、备 用电源的光伏电站（如工商业光储、微电网项目）等场景；升压预制舱主要应用于大型地面光伏电站 （需远距离输送电能）、并网电压等级较高的项目等场景；汇流预制舱主要应用于组件布局分散、汇流 需求高的大型电站等场景；综合控制预制舱主要应用于大型电站的中央控制中心或需集中管理的分布式 电站集群等场景。 光伏预制舱分类 内容概要：在光伏电站向"标准化、模块化、快速化"建设转型的背景下 ...

Group 1 - The A-share market experienced a collective pullback on October 22, with the previously strong-performing power grid equipment sector undergoing a significant decline, as evidenced by the 2.16% drop in the Power Grid Equipment ETF (159326) by 14:31, despite some stocks like Hailianxun and Dongcai Technology rising against the trend [1] - The Power Grid Equipment ETF has attracted substantial capital, accumulating a total of 256 million yuan since October, reaching a latest scale of 381 million yuan, making it the largest power grid equipment-themed ETF in the market [1] - The rapid development of AI technology is driving an explosive increase in global data center electricity demand, necessitating upgrades to power grid infrastructure, while the aging of existing grid systems and the acceleration of renewable energy integration are creating urgent demands for grid renovation [1] Group 2 - The Power Grid Equipment ETF (159326) is the only ETF tracking the CSI Power Grid Equipment Theme Index, with a strong representation in sectors such as transmission and transformation equipment, grid automation equipment, and distribution equipment, where ultra-high voltage equipment accounts for 63% of the index, the highest in the market [2] - The top ten holdings of the ETF include industry leaders such as Guodian NARI, TBEA, and Sifang Electric, indicating a strong focus on key players in the power grid equipment sector [2]

Group 1 - The A-share market saw a collective rise in the three major indices, with significant increases in sectors such as energy equipment, electrical grid, and power generation equipment as of October 21 [1] - The only electrical grid equipment ETF (159326) rose by 2.14%, with a trading volume of 34.37 million yuan, and key stocks like China Electric Power and Siyuan Electric hitting the daily limit [1] - The National Development and Reform Commission issued a plan to enhance electric vehicle charging infrastructure, emphasizing the upgrade of distribution networks to accommodate charging facilities [1] Group 2 - The electrical grid equipment ETF (159326) tracks the CSI Electric Grid Equipment Theme Index, with a strong representation in sectors like transmission and transformation equipment, grid automation, and distribution equipment [2] - The ETF has a high weight of 63% in ultra-high voltage components, the highest in the market, and includes leading companies such as Guodian NARI, TBEA, and Siyuan Electric among its top ten holdings [2]

Group 1 - The company Teruid stated on October 20 that all charging modules are self-developed [1] - The newly built charging stations primarily use 40kW modules, with significant cost variation depending on different charging solutions [1]

Core Viewpoint - The company, Teruid, is actively addressing the needs of the data center industry by providing a diverse range of power equipment solutions, including modular substations and innovative power modules [1] Group 1: Product Offerings - The company offers core switchgear products and box-type transformers, as well as 110kV prefabricated modular substations to meet the power supply and transformation needs of data centers [1] - The innovative power modules for data centers utilize a prefabricated approach to promote standardized deployment, integrating transformers, UPS, and distribution cabinets, which significantly shortens construction cycles and reduces costs [1] Group 2: Industry Relationships - The company has established strong partnerships with leading domestic data center operators, including China Mobile, China Telecom, Alibaba, ProLogis, and ByteDance, showcasing its technical strength and quality service [1]

Core Viewpoint - The company, Teruid (300001.SZ), is actively providing diversified power equipment solutions tailored for the data center industry, emphasizing its innovative approaches and established partnerships with major clients [2]. Group 1: Company Offerings - Teruid offers a variety of power equipment solutions for data centers, including core switchgear products and box transformer products [2]. - The company has developed a 110kV prefabricated modular substation to quickly address the power supply and transformation needs of data centers [2]. - Teruid has innovatively designed power modules for data centers, utilizing prefabricated solutions to standardize deployment, which integrates transformers, UPS, and distribution cabinets [2]. Group 2: Efficiency and Cost-Effectiveness - The prefabricated solutions significantly shorten construction periods, reduce costs, and enhance delivery efficiency for data center projects [2]. - The company leverages its technical strength and high-quality product services to establish strong partnerships with leading data center operators [2]. Group 3: Client Relationships - Teruid has formed successful collaborations with prominent companies in the industry, including China Mobile, China Telecom, Alibaba, ProLogis, and ByteDance [2].

Core Viewpoint - The company, Teruid (300001.SZ), has confirmed that all its charging modules are self-developed, with the primary module used in new charging stations being a 40KW module. The cost proportion of the charging module varies significantly depending on different charging solutions [1]. Group 1 - The charging modules are entirely self-developed by the company [1]. - The main charging module used in new charging stations is a 40KW module [1]. - The cost proportion of the charging module varies greatly based on different charging solutions [1].

Core Insights - The National Development and Reform Commission and five 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 nationwide and provide over 300 million kilowatts of public charging capacity to meet the demand of over 80 million electric vehicles [1][3]. Charging Infrastructure Goals - By the end of 2027, the plan sets specific targets for urban, highway, and rural charging networks, including the addition of 1.6 million DC charging guns in cities, 40,000 high-power charging guns on highways, and at least 14,000 DC charging guns in rural areas [3]. - The initiative also promotes a "unified construction and service" model for residential areas, aiming to establish 1,000 pilot communities to enhance private charging pile access and safety management [3]. Current Market Performance - As of August 2025, China has added 4.53 million charging piles, with a total of 17.348 million charging facilities, reflecting a year-on-year growth of 53.5% [5]. - Public charging facilities have reached 4.316 million, showing a 37.8% increase, while private charging facilities have grown by 59.6% to 13.032 million [5]. Key Companies in the Industry - **Teruid**: Leading in both charging operation and equipment manufacturing, with over 790,000 public charging terminals and a market share of 24%. Projected net profit for 2024 is 917 million yuan, expected to reach 1.577 billion yuan by 2026 [6]. - **State Grid Corporation's NARI Technology**: A subsidiary of the State Grid, it has built over 2,000 standardized charging stations and is a key player in setting international charging standards. Projected net profit for 2024 is 7.6 billion yuan, increasing to 9.4 billion yuan by 2026 [7][8]. - **Green Energy Huichong**: A leader in high-power DC charging machines, holding a 22% market share in the electric heavy truck fast charging market [9]. - **Yonggui Electric**: The first in China to achieve mass production of liquid-cooled charging guns, leading in technology and entering the supply chain of major automotive manufacturers [11][12]. - **Shenghong Co., Ltd.**: Engaged in the production of liquid-cooled supercharging piles and expanding its integrated light-storage charging systems into overseas markets [14].

Core Insights - The public utility sector is experiencing fluctuations in electricity prices and coal prices, with a notable decrease in electricity procurement prices year-on-year and an increase in coal prices week-on-week [1][3] - The performance of Jintou Energy in Q3 2025 is highlighted, showing significant profit growth due to favorable conditions in the coal market and increased electricity demand during peak summer [2] - The National Development and Reform Commission (NDRC) has introduced initiatives to boost electric vehicle charging infrastructure, indicating potential investment opportunities in this sector [2] Electricity and Coal Prices - In August 2025, the electricity procurement price decreased by 2% year-on-year but increased by 1.3% month-on-month [1][3] - As of October 17, 2025, the price of thermal coal at Qinhuangdao was 748 RMB per ton, reflecting a week-on-week increase of 39 RMB per ton [1][3] Electricity Consumption and Generation - Total electricity consumption from January to July 2025 reached 5.86 trillion kWh, representing a year-on-year increase of 4.5% [1][3] - Cumulative electricity generation during the same period was 5.47 trillion kWh, with a year-on-year growth of 1.3% [1][3] - Different energy sources showed varied performance: thermal power and hydropower decreased by 1.3% and 4.5% respectively, while nuclear, wind, and solar power increased by 10.8%, 10.4%, and 22.7% respectively [1][3] Investment Opportunities - The report suggests focusing on undervalued thermal power assets and the growth potential of electric vehicle charging infrastructure [4] - Recommendations include investing in companies like Jintou Energy, Jingneng Power, and Datang Power for thermal power opportunities [4] - The charging pile equipment sector is highlighted with companies such as Teruid and Shenghong as potential investment targets [4] - Renewable energy assets, particularly solar and charging infrastructure, are expected to see a revaluation due to market dynamics [4]