通裕重工今年以来股价涨18.52%，近5个交易日涨2.36%，近20日跌3.18%，近60日涨5.56%。 9月23日，通裕重工盘中下跌2.25%，截至09:58，报3.04元/股，成交1.88亿元，换手率1.65%，总市值 118.47亿元。 资金流向方面，主力资金净流出1413.78万元，大单买入4354.95万元，占比23.16%，卖出5768.73万元， 占比30.67%。 机构持仓方面，截止2025年6月30日，通裕重工十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股3801.16万股，相比上期增加1120.73万股。南方中证1000ETF（512100）位居第六大流通 股东，持股2879.80万股，相比上期增加543.63万股。华夏中证1000ETF（159845）位居第七大流通股 东，持股1696.97万股，相比上期增加404.54万股。广发中证1000ETF（560010）位居第八大流通股东， 持股1360.93万股，相比上期增加290.87万股。 资料显示，通裕重工股份有限公司位于山东省德州(禹城)国家高新技术产业开发区，成立日期2002年5 月25日，上市日期2011年3月8 ...

Core Insights - The latest financing balance of the ChiNext market is 505.683 billion yuan, with a week-on-week decrease of 2.111 billion yuan, while 30 stocks saw financing balances increase by over 10% [1] - On September 18, the ChiNext index fell by 1.64%, with a total margin balance of 507.308 billion yuan, down 2.145 billion yuan from the previous trading day [1] - Among the stocks with increased financing balances, 392 stocks saw growth, with the largest increase being Suao Sensor, which had a financing balance of 60.065 million yuan, up 63.01% [1][3] - The average increase for stocks with financing balance growth exceeding 10% was 4.36%, with 23 stocks rising, including Suao Sensor and Anlian Ruishi, which hit the daily limit [1][2] Financing Balance Increase - Suao Sensor (300507) had a financing balance of 60.065 million yuan, with a week-on-week increase of 63.01% and a closing price increase of 20.00% [3] - Tongyu Heavy Industry (300185) saw a financing balance increase of 49.42%, closing up 12.75% [3] - Boshang Optoelectronics (301421) had a financing balance increase of 44.67%, with a closing price increase of 7.24% [3] Financing Balance Decrease - A total of 552 stocks experienced a decrease in financing balance, with 28 stocks seeing a decline of over 10% [4] - Zhejiang Hengwei (301222) had the largest decrease, with a financing balance of 6.144 million yuan, down 26.28% [4] - Other notable declines include Green Island Wind (301043) and Youyou Green Energy (301590), with decreases of 23.01% and 16.70% respectively [4][5] Capital Flow - On September 18, 20 stocks with increased financing balances saw net inflows of main funds, with Tongyu Heavy Industry and Suao Sensor leading with net inflows of 563 million yuan and 434 million yuan respectively [2] - Conversely, 10 stocks experienced net outflows, with Boshang Optoelectronics and Anpei Long seeing outflows of 152 million yuan and 146 million yuan respectively [2]

Core Insights - The latest financing balance of the ChiNext market is 505.683 billion yuan, with a week-on-week decrease of 2.111 billion yuan, while 30 stocks saw a financing balance increase of over 10% [1][2] - On September 18, the ChiNext index fell by 1.64%, with a total margin balance of 507.308 billion yuan, down by 2.145 billion yuan from the previous trading day [1][2] - Among the stocks with increased financing balances, Suoao Sensor had the highest increase of 63.01%, with a financing balance of 601.515 million yuan and a stock price increase of 20% [1][3] Financing Balance Increase - A total of 392 stocks in the ChiNext market saw an increase in financing balance, with 30 stocks experiencing an increase of over 10% [1] - The stocks with significant financing balance increases include: - Suoao Sensor: 601.515 million yuan, +63.01%, closing price 10.44 yuan, +20% [3] - Tongyu Heavy Industry: 453.225 million yuan, +49.42%, closing price 3.36 yuan, +12.75% [3] - Wavelength Optoelectronics: 439.204 million yuan, +44.67%, closing price 94.50 yuan, +7.24% [3] - The average increase for stocks with over 10% financing balance growth was 4.36%, with 23 stocks rising, including Suoao Sensor and Anlian Ruishi, which hit the daily limit [1][3] Financing Balance Decrease - A total of 552 stocks experienced a decrease in financing balance, with 28 stocks seeing a decline of over 10% [4] - The stocks with the largest decreases in financing balance include: - Zhejiang Hengwei: 61.444 million yuan, -26.28%, closing price 33.60 yuan, -4.65% [4] - Green Island Wind: 44.888 million yuan, -23.01%, closing price 38.54 yuan, -3.63% [4] - Youyou Green Energy: 94.313 million yuan, -16.70%, closing price 192.02 yuan, -1.53% [4] Capital Flow - On September 18, among the stocks with increased financing balances, 20 stocks saw net inflows of main funds, with Tongyu Heavy Industry, Suoao Sensor, and Anlian Ruishi leading with net inflows of 563 million yuan, 434 million yuan, and 112 million yuan respectively [2] - Conversely, 10 stocks experienced net outflows, with Wavelength Optoelectronics, Anpei Long, and Siling Co. seeing the largest outflows of 152 million yuan, 146 million yuan, and 98.186 million yuan respectively [2]

风电行业反内卷取得了阶段性成效。 风电板块涨幅居前，通裕重工涨超10%，川润股份涨停，海力风电、大金重工、新强联等跟涨。 消息面上，据中国能源报报道，风电行业反内卷取得了阶段性成效。今年上半年，风电整机中标价普遍回升，产业链压力得到有效缓解。 通过对市场上几款主流机型的不完全统计，按不含塔筒的中标价来看： 7.15兆瓦—7.7兆瓦机组的最低中标价从2024年的1000元/千瓦上涨至今年上半年的1350元/千瓦以上。 整体而言，今年上半年，各机型的中标价格已经全部高于其最低成本价，行业低价恶性竞争态势得到有效遏制。 主力资金加仓多股 据证券时报·数据宝统计，风电概念股中，中材科技、杭齿前进、电气风电、大金重工、新强联的股价年内实现翻倍，中材科技年内累计上涨192.84%，涨幅 居首，公司是国内风电叶片行业领军企业。 明阳智能近期在机构调研活动中表示，今年以来风电行业价格内卷趋势减缓，中标价格企稳回升，行业随着外部环境优化、订单结构改善、成本控制改善等 因素逐步释放，行业及公司盈利修复路径明确。上半年公司实现风机对外销售 8.10吉瓦，风机新增订单13.39吉瓦。 威力传动月内获得36家机构调研，截至2025年8 ...

沪指9月18日下跌1.15%，申万所属行业中，今日上涨的有3个，涨幅居前的行业为电子、通信、社会服 务，涨幅分别为0.93%、0.19%、0.03%。跌幅居前的行业为有色金属、综合，跌幅分别为3.56%、 2.85%。电力设备行业今日下跌1.44%。 电力设备行业资金流出榜 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 300750 | 宁德时代 | -2.71 | 1.22 | -104152.05 | | 300014 | 亿纬锂能 | -4.71 | 5.31 | -102127.07 | | 600580 | 卧龙电驱 | 9.61 | 20.28 | -87805.52 | | 600089 | 特变电工 | -2.35 | 6.49 | -84492.47 | | 002245 | 蔚蓝锂芯 | 4.72 | 27.14 | -48970.36 | | 002851 | 麦格米特 | -1.81 | 7.29 | -46553.60 | | 300207 | 欣旺达 | -4.43 ...

从资金流向上来看，当日风电设备板块主力资金净流入4.35亿元，游资资金净流出2.67亿元，散户资金净 流出1.68亿元。风电设备板块个股资金流向见下表： 证券之星消息，9月18日风电设备板块较上一交易日上涨1.39%，通裕重工领涨。当日上证指数报收于 3831.66，下跌1.15%。深证成指报收于13075.66，下跌1.06%。风电设备板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300185 | 通裕重工 | 3.36 | 12.75% | 838.03万 | | 28.57 乙 | | 301155 | 海力风电 | 90.25 | 8.32% | 9.56万 | | 8.44亿 | | 002487 | 大全車工 | 43.52 | 6.72% | 49.68万 | | 21.58亿 | | 300850 | 新强联 > | 38.30 | 4.67% | 39.38万 | | 15.24亿 | | 301456 | 福吉智能 | 29.41 | ...

Core Viewpoint - Tongyu Heavy Industry (通裕重工) experienced a significant stock price increase, reaching a limit up of 20.13% on September 18, 2025, attributed to multiple positive factors including state-owned enterprise backing, strong earnings growth, and share buybacks [1][2]. Group 1: Company Developments - The actual controller of Tongyu Heavy Industry changed from Zhuhai State-owned Assets Supervision and Administration Commission to Shandong State-owned Assets Supervision and Administration Commission, enhancing resource support and business collaboration expectations [2]. - The company reported a net profit growth of 49.7% year-on-year for the first half of 2025, with a non-recurring net profit increase of 64.16%, indicating significant improvement in core business profitability [2]. - Operating cash flow increased by 35.37% year-on-year, enhancing the company's capital turnover ability and providing a solid foundation for sustainable development [2]. - The company has repurchased 1.05% of its shares and raised the buyback price limit to 3.30 yuan per share, reflecting management's confidence in the company's value and future growth [2]. Group 2: Market and Technical Analysis - The wind power equipment sector showed active performance on the same day, suggesting that Tongyu Heavy Industry, as a related stock, may have benefited from sector-wide movements [2]. - Technical indicators such as the MACD forming a golden cross and the stock price breaking through the upper Bollinger Band could attract more investor attention and contribute to the stock's limit up [2]. - Positive fund flow indicators, such as net inflows from large orders, suggest that institutional investors are optimistic about the stock [2].

Core Viewpoint - Tongyu Heavy Industry has made a significant breakthrough in the manufacturing and assembly of core equipment for ultra-large scientific installations by delivering the walking drive unit for the 110-meter all-direction movable radio telescope [1] Company Summary - Tongyu Heavy Industry (300185) has officially delivered the walking drive unit for the 110-meter all-direction movable radio telescope, marking its first involvement in the field of radio telescope drive units [1] - The project originates from the Xinjiang Astronomical Observatory of the Chinese Academy of Sciences, aiming to create a world-class astronomical observation facility [1] - As the core contractor, Tongyu Heavy Industry is responsible for the design and manufacturing of high-precision mechanical components and transmission systems [1]

申万宏源证券承销保荐有限责任公司 2025 年 9 月 声明 2025 年 5 月 6 日，山东国惠资本有限公司（以下简称"国惠资本"）与通裕重 工股份有限公司（以下简称"通裕重工"或"上市公司"）控股股东珠海港控股 集团有限公司（以下简称"珠海港集团"），及其控股股东珠海交通控股集团有限 公司（以下简称"珠海交控"）签署了《股份转让协议》《表决权委托协议》。 珠海港集团将持有的通裕重工 604,032,700 股股份（占通裕重工总股本的 15.50%） 转让给国惠资本，转让价格为每股人民币 2.22 元，本次股份转让价款合计为人 民币 1,340,952,594 元。珠海港集团将其在《股份转让协议》项下转让股份交割后 （指转让股份过户完成）所持有的通裕重工全部股份 188,394,890 股（占通裕重 工总股本的 4.83%）的表决权、提名和提案权、参会权（即统称"表决权"）不可 撤销、排他且唯一地委托国惠资本行使，授权国惠资本按照自身意思表示行使珠 海港集团作为通裕重工股东而依据法律法规及通裕重工届时有效的公司章程享 有的权利。表决权委托期限自转让股份交割之日起 36 个月。本次权益变动完成 后，国惠资本 ...

Core Viewpoint - The wind power industry experienced significant growth in installed capacity in the first half of 2025, driven by a surge in demand, although profitability varied across different segments of the industry [1][2]. Summary by Sections Industry Performance - In the first half of 2025, the national wind power newly installed capacity reached 51.39 GW, a year-on-year increase of 98.9%, with onshore wind accounting for 48.90 GW and offshore wind for 2.49 GW [1]. - Despite strong revenue growth for many wind power companies, there was a notable divergence in performance across different segments, with wind turbine manufacturers seeing revenue increases but not corresponding profit growth [1][5]. Financial Results of Wind Turbine Manufacturers - Six major wind turbine manufacturers reported total revenues of 716.04 billion yuan, a significant increase, but net profits were only 15.99 billion yuan, indicating a stark performance disparity among companies [2]. - Goldwind Technology, as a leading turbine manufacturer, reported revenues of 285.37 billion yuan, up 41.26%, and net profits of 14.88 billion yuan, up 7.26% [2]. Component Manufacturers' Performance - In contrast to turbine manufacturers, most wind power component companies reported strong performance, benefiting from high demand and price increases [5]. - New Strong Union, a bearing manufacturer, achieved a revenue of 22.10 billion yuan, a year-on-year increase of 108.98%, and a net profit of 4.00 billion yuan, up 496.60% [5]. - Other component manufacturers like Haigang Co., Tongyu Heavy Industry, and Jinlei Co. also saw significant profit increases [5]. Market Trends and Future Outlook - The average bidding price for onshore wind turbines hit a low in early 2024 but began to recover, with the average price for the first half of 2025 at 1,496 yuan/kW, an 8% increase year-on-year [8]. - Companies like Sany Heavy Energy expect a noticeable improvement in profit margins due to rising bidding prices and a strong order backlog [9]. - As of June 30, 2025, Goldwind reported an order backlog of 51.81 GW, a 45.58% increase year-on-year, indicating robust future demand [9][10].