沪指9月3日下跌1.16%，申万所属行业中，今日上涨的有3个，涨幅居前的行业为综合、通信、电力设 备，涨幅分别为1.64%、1.61%、1.44%。电力设备行业位居今日涨幅榜第三。跌幅居前的行业为国防军 工、非银金融，跌幅分别为5.83%、3.05%。 资金面上看，两市主力资金全天净流出714.26亿元，主力资金净流入的行业仅有3个，电力设备行业净 流入资金29.58亿元；纺织服饰行业净流入资金2.22亿元；综合行业净流入资金310.66万元。 主力资金净流出的行业有28个，非银金融行业主力资金净流出规模居首，全天净流出资金122.10亿元， 其次是国防军工行业，净流出资金为101.31亿元，净流出资金较多的还有电子、计算机、机械设备等行 业。 电力设备行业今日上涨1.44%，全天主力资金净流入29.58亿元，该行业所属的个股共361只，今日上涨 的有111只，涨停的有2只；下跌的有248只。以资金流向数据进行统计，该行业资金净流入的个股有144 只，其中，净流入资金超亿元的有19只，净流入资金居首的是宁德时代，今日净流入资金16.63亿元， 紧随其后的是阳光电源、卧龙电驱，净流入资金分别为11.67亿元、4 ...

证券之星消息，9月3日光伏设备板块较上一交易日上涨3.23%，上能电气领涨。当日上证指数报收于3813.56，下跌1.16%。深证成指报收于 12472.0，下跌0.65%。光伏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) | | | --- | --- | --- | --- | --- | --- | --- | | 300827 | 上能电气 | 30.11 | 20.01% | 104.51万 | | 28.60亿 | | 688717 | 艾罗能源 | 78.46 | 19.15% | 9.79万 | | - 7.07亿 | | 300274 | 阳光电源 | 114.90 | 15.30% | 142.92万 | | 155.88亿 | | 920167 | 同享科技 | 22.65 | 9.90% | 11.16万 | | 2.45亿 | | 300763 | 锦浪科技 | 73.33 | 7.87% | 39.31万 | | 28.16亿 | | 301658 | 首航新能 | 35.90 | 7.36% | 12.84万 | | 4 ...

储能爆单潮下翻涌的"内卷"暗流 从314Ah、280Ah电芯告急，到100Ah电芯也加入缺货队列，储能行业的"电芯荒"正顺着型号链加速蔓延。 另一边，海外人才争夺同样白热化——从欧洲到美洲，再到拉美、东南亚，有经验的销售负责人成了香饽饽，百万年薪的总包offer接连抛出，行业薪资 水位肉眼可见地往上冲。 连浸淫行业多年的人都觉得不真实： 年初时，多数机构还一边倒地看空储能，既唱衰中国装机量会下滑，也觉得欧洲库存消化遥遥无期。 谁曾想，剧情直接来了个180度反转，把整个行业都打了个措手不及。 更让人摸不着头脑的是，明明需求火到发烫，储能行业的内卷却没半分收敛，价格战该打还是打，半点儿没停，依旧有厂商报出0.38的系统价格，比紧俏 的100Ah电芯都贵。 这场打破预期的爆单潮，切切实实改变了行业里每个人的命运。 01 抢人 "昨天还有一个国内公司的老板找我给他去做欧洲负责人，年薪能给到将近100万。" 电话那头人在德国的Lisa刚刚起床，边吃着早餐边吐槽说，"但他们什么都没有，没法做"。 Lisa出生于西部省份的二线城市，大学学的国际贸易，出国留学后从柴油机外贸做起，后辗转多家大厂，专攻欧洲光伏储能电力市场，至今 ...

一、行情回顾 市场全天震荡分化，三大指数涨跌互现。黄金股延续强势，西部黄金涨停。光伏设备板块走强，上能电气等涨停。CPO等算力硬件股反弹，中际旭创涨超 10%创新高。下跌方面，军工板块集体调整，北方长龙、晨曦航空等多股跌超10%；券商等金融股下挫，国盛金控跌超7%。个股呈现普跌态势，沪深京三市 下跌个股超4600只，今日成交2.4万亿，较上日缩量超5100亿。 二、当日热点 1.储能 储能板块今日大涨，宝馨科技、通润装备、上能电气等多股涨停，阳光电源涨超15%。 催化上，据证券时报报道，海辰储能制造板块负责人表示，今年3月至今，海辰厦门和重庆工厂一直处于满产状态，目前订单已经排到10月。 此外，中国储能网8月发文称，2024年还在产能过剩的储能电芯市场，最近突然进入了"加价也排不到货"的状态 | 股票名称 | 最新价 = | 涨跌幅 = | 涨停时间 ◆ | 换手率 = | 流通市值♥ | | | --- | --- | --- | --- | --- | --- | --- | | 宝馨科技 | 6.73 | +9.97% | 13:06:00 | 11.52% | 37.29亿 | 安徽宝 | | 002 ...

政策层面，今年2月，国家发改委与能源局联合印发《关于深化新能源上网电价市场化改革促进新能源 高质量发展的通知》(下称"136号文")，要求新能源项目上网电量原则上全部进入电力市场，上网电价 通过市场交易形成。 在利好驱动下，地方配套性政策也陆续出台，储能行业市场化盈利模式逐步完善。2025年7月，国内共 发布储能相关政策84项，其中国家层面发布9项，地方层面四川、山西、上海等32个地区发布产业相关 政策，涉及电价政策、低碳发展、电力市场等方面。 2025年是新型储能由商业化初期向规模化发展的关键时期。据中关村储能产业技术联盟统计，今年1-6 月，我国新型储能新增装机规模达42.6吉瓦时，同比增长27.5%。上半年，全球电池储能系统装机总量 达86.7吉瓦时，同比增长54%。如此迅猛的增长速度远超行业预期，标志着储能市场正步入加速扩张的 新阶段，也助推应用场景不断拓展。 国信证券研报称，中东、东南亚、南非、印度、拉美等新兴市场多地存在电力紧缺问题，各国政府扶持 政策频出，储能装机需求有望大幅度提升，因而新兴市场有望成为中国储能企业出口重要方向。 9月3日，储能概念全线爆发，海博思创、上能电气（300827）20 ...

Group 1 - The core point of the news is that Zhongji Xuchuang has surpassed Dongfang Caifu to become the second largest company by market capitalization in the ChiNext board, with a total market value exceeding 470 billion yuan [1] - Zhongji Xuchuang's stock price has increased by over 10% today, reaching a historical high, and has accumulated a year-to-date increase of 246% [1][2] - The current market capitalization of Zhongji Xuchuang is reported at 473.5 billion yuan, while Dongfang Caifu's market capitalization is 420.9 billion yuan, reflecting a decline of 4.38% year-to-date [2] Group 2 - The top company by market capitalization in the ChiNext board is Ningde Times, with a market value of 1,408.8 billion yuan and a year-to-date increase of 19.49% [2] - Other notable companies in the ChiNext board include Xinyi Sheng with a market capitalization of 367.4 billion yuan and a year-to-date increase of 349.64%, and Shenghong Technology with a market capitalization of 233.2 billion yuan and an impressive year-to-date increase of 544.83% [2]

Market Overview - The market experienced fluctuations with mixed performance across the three major indices, where the Shanghai Composite Index fell by 1.16%, the Shenzhen Component Index decreased by 0.65%, while the ChiNext Index rose by 0.95% [1] - A total of over 4,500 stocks declined, indicating a broad market weakness [1] Sector Performance - The photovoltaic and energy storage sectors showed strength, with companies like Shangneng Electric hitting the daily limit up [1] - CPO concept stocks saw a partial rebound, with Zhongji Xuchuang reaching a historical high [1] - Innovative drug concept stocks surged, with Baihua Pharmaceutical hitting the daily limit up [1] Stock Performance - Brokerage stocks collectively adjusted, with Guosheng Financial Holdings dropping over 5% [2] - The total trading volume in the Shanghai and Shenzhen markets was 2.36 trillion yuan, a decrease of 510.9 billion yuan compared to the previous trading day [2] - Zhongji Xuchuang led individual stock trading with a transaction volume exceeding 28.7 billion yuan [2] Notable Stocks - Zhongji Xuchuang: +10.99%, trading volume 28.717 billion yuan [3] - New Yisheng: +3.21%, trading volume 26.5394 billion yuan [3] - Dongfang Caifu: -4.38%, trading volume 21.7374 billion yuan [3] - Hanwujing: -5.07%, trading volume 19.901 billion yuan [3] - Ningde Times: +2.02%, trading volume 15.641 billion yuan [3] - Yangguang Electric: +15.30%, trading volume 15.588 billion yuan [3]

Core Insights - The Zhongzheng Photovoltaic Industry Index (931151) has seen a strong increase of 2.94% as of September 3, 2025, with significant gains in constituent stocks such as Sungrow Power (300274) up 15.26% and Longi Green Energy (601012) up 2.81% [1][3] - The Photovoltaic ETF Fund (516180) has risen by 2.82%, with a latest price of 0.69 yuan, and has accumulated a total increase of 4.66% over the past two weeks [1] - The index reflects the overall performance of listed companies in the photovoltaic industry chain, selecting up to 50 representative stocks [1] Index Composition - As of August 29, 2025, the top ten weighted stocks in the Zhongzheng Photovoltaic Industry Index account for a total of 56.14% of the index [1] - The top ten stocks by weight include: - Sungrow Power (300274) with a weight of 10.51% - Longi Green Energy (601012) with a weight of 9.97% - TCL Technology (000100) with a weight of 9.42% - TBEA Co., Ltd. (600089) with a weight of 6.99% - Tongwei Co., Ltd. (600438) with a weight of 5.24% [3]

Demand Side - The leading battery manufacturers are projecting a shipment growth of 30-50% for 2026, exceeding the market's expectation of over 20% growth, driven by independent energy storage in China and overseas large-scale storage demand [1] - In China, the cancellation of mandatory distribution in Document No. 136 has led to a significant downward adjustment in market demand expectations, yet from January to July 2025, domestic energy storage bids reached 202 GWh, a year-on-year increase of 146%, indicating a successful commercial model for independent storage [1] - The internal rate of return (IRR) for independent storage in several provinces can reach 6%-10% or more, with expectations for continued demand growth as more provinces improve their policies by 2026 [1] Supply Side - Major battery manufacturers are maintaining tight production capacity, with companies like CATL, EVE, and Haicheng operating at full capacity, while others like Ruipu and AVIC are also significantly increasing their utilization rates [2] - Positive price signals have emerged in the domestic market, with energy storage cells experiencing consecutive price increases in June and July, and the average price for 314/280Ah cells rising to 0.295 yuan/Wh [2] - The price of PCS (Power Conversion System) has also seen an increase, with a rise of 0.005 yuan/W to 0.07 yuan/W in July 2024, indicating a clear trend of price stability in the system segment, which is expected to improve profitability across the industry chain [2] Market Performance - As of September 3, 2025, the ChiNext New Energy Index surged by 3.98%, with significant gains in constituent stocks such as Shangneng Electric (+20.01%) and Sungrow Power (+15.91%) [3] - The ChiNext New Energy ETF closely tracks the performance of the ChiNext New Energy Index, reflecting the operational characteristics of listed companies in the new energy sector [3] - The top ten weighted stocks in the ChiNext New Energy Index account for 64.15% of the total index, with major players including CATL, Sungrow Power, and EVE Energy [3]

关联产品： 创业板新能源ETF鹏华（159261），光伏ETF基金（159863） 截至09月03日14:15，创业板新能源ETF鹏华(159261.SZ)上涨3.00%，其关联指数创新能源(399266.SZ)上 涨3.86%；主要成分股中，阳光电源上涨15.40%，亿纬锂能上涨12.26%，宁德时代上涨1.27%，道氏技 术上涨11.44%，欣旺达上涨4.75%。 券商研究方面，爱建证券指出储能行业自2020年进入快速发展阶段，以电化学储能为代表的新型储能迎 来高速增长，核心驱动因素包括锂电储能成本快速下降、可再生能源占比提升推动电网储能需求、家用 储能市场扩张及政策支持等，其中锂离子电池凭借比能量高和成本下降优势成为增量主流。信达证券则 关注到AI应用政策加码背景下，英伟达上调资本开支预期或将带动AI能源需求，涉及电力设备与新能 源领域的技术迭代和产业链机会。两家机构均从技术演进和市场驱动角度分析了新能源细分领域的发展 动能。 关联个股： 消息面上，1)隆基绿能BC电池产能快速提升，四季度目标销量超10GW，欧洲市场占比预期提升，利好 光伏技术升级；2)山东等地储能收益率显著提升，峰谷价差扩大刺激需求， ...