Market Overview - The grid equipment sector increased by 1.97% compared to the previous trading day, with YN Power leading the gains [1] - The Shanghai Composite Index closed at 4015.75, down by 2.48%, while the Shenzhen Component Index closed at 13824.35, down by 2.69% [1] Top Performers in Grid Equipment Sector - YN Power (Code: 920046) closed at 29.15, up by 21.97% with a trading volume of 210,900 shares and a transaction value of 596 million [1] - Tongguang Cable (Code: 300265) closed at 15.66, up by 20.00% with a trading volume of 1,020,800 shares and a transaction value of 1.503 billion [1] - Shuangjie Electric (Code: 300444) closed at 15.12, up by 16.58% with a trading volume of 1,674,400 shares and a transaction value of 2.477 billion [1] Other Notable Performers - Ankao Smart Electric (Code: 300617) closed at 46.20, up by 14.02% with a trading volume of 238,300 shares and a transaction value of 1.108 billion [1] - Hongxiang Co. (Code: 300427) closed at 15.54, up by 11.96% with a trading volume of 1,267,500 shares and a transaction value of 1.943 billion [1] - New Special Electric (Code: 301120) closed at 20.88, up by 10.89% with a trading volume of 510,600 shares and a transaction value of 1.074 billion [1] Market Capital Flow - The grid equipment sector saw a net inflow of 5.634 billion in main funds, while retail funds experienced a net outflow of 4.184 billion [2][3] - The main funds' net inflow and retail funds' net outflow indicate a shift in investor sentiment towards institutional buying [2][3] Individual Stock Fund Flows - Zhongchao Holdings (Code: 002471) had a main fund net inflow of 14.35 million, with a retail net outflow of 7.69 million [3] - Shuangjie Electric (Code: 300444) experienced a main fund net inflow of 5.98 million, while retail funds saw a net outflow of 2.91 million [3] - Baobian Electric (Code: 600550) had a main fund net inflow of 5.45 million, with a retail net outflow of 2.56 million [3]

Group 1 - The core viewpoint of the article highlights that the global AI computing power infrastructure is entering a period of rapid growth, with power supply becoming critical for data centers [2] - The electric equipment sector saw significant gains, with companies like YN Power rising over 20%, Tongguang Cable hitting the daily limit, and several others experiencing substantial increases in stock prices [2] - Major transformer factories in regions like Guangdong and Jiangsu are operating at full capacity, with some orders for data center-related transformers extending to 2027 [2] Group 2 - According to CITIC Securities, the increasing power requirements of AI chips and computer cabinets are driving the evolution of AIDC power supplies towards higher power, direct current, and high voltage [2] - It is projected that by 2028, the power capacity of newly added AI data centers in North America could reach 71 GW [2]

受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我 登录新浪财经APP 搜索【信披】查看更多考评等级 上海久诚律师事务所股票索赔律师许峰提示，红相股份（维权）（300427）虚假陈述引发的投资者索赔 案已有胜诉先例，目前该案已经进入倒计时，提醒投资者注意。（许峰律师专栏） 许峰律师代理的红相股份投资者索赔案已多次向法院提交立案，目前正在等待法院的下一步安排。律师 团队还在继续推进后续案件的立案工作，还在继续接受其他投资者的索赔委托。 2024年4月3日晚，红相股份公告收到证监会厦门监管局《行政处罚决定书》，经查明，红相股份及相关 人员存在以下违法事实： 一、信息披露违法违规 红相股份2017年-2022年年度报告存在虚假记载。红相股份及其子公司厦门红相信息科技有限公司等通 过虚构销售业务、虚构原材料采购、虚增固定资产等方式，2017年虚增营业收入10，489.44万元，虚增 利润总额5，972.44万元，分别占当期披露金额的14.10%、38.03%； ...

Core Viewpoint - The power grid equipment sector is experiencing a strong performance, with multiple companies reaching their daily price limit increases [1] Group 1: Market Performance - The following companies have hit their daily price limit: Shuangjie Electric, Senyuan Electric, Baobian Electric, Sanbian Technology, Guangdian Electric, Baiyun Electric, Dalian Electric Porcelain, Hangdian Co., and Hancable [1] - Hongxiang Co. is also noted for significant gains, although it is currently involved in a rights protection issue [1]

Core Viewpoint - Hongxiang Co., Ltd. is expected to report a net loss attributable to shareholders of 13 million to 26 million yuan for the year 2025, despite a projected revenue growth of approximately 10.25% to 18.13% [1] Financial Performance - The company anticipates total operating revenue between 700 million and 750 million yuan for 2025, driven by ongoing market expansion in the power and communication electronics sectors [1] - The expected impairment losses for accounts receivable, inventory, and long-term assets are approximately 124 million yuan, a decrease of about 182.45 million yuan compared to the previous year, primarily due to a significant goodwill impairment from a subsidiary in the prior year [1] Tax and Non-Recurring Items - The company and its subsidiaries have paid back taxes and late fees totaling approximately 12.35 million yuan, which will be included in the 2025 financial results without affecting prior financial data [1] - Non-recurring gains and losses are expected to impact the net profit attributable to shareholders by approximately 36 million yuan, mainly from the disposal of an idle factory, compared to 10.41 million yuan in the previous year [1]

证券代码：300427 证券简称：红相股份 公告编号：2026-002 红相股份有限公司 2025 年度业绩预告 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。 一、本期业绩预计情况 （一）业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况：预计归属于上市公司股东的净利润为负值 | 项目 | 本报告期 | | | | 上年同期 | | | --- | --- | --- | --- | --- | --- | --- | | 归属于上市公司 | 亏损：1,300.00 | 万元 | — | 万元 2,600.00 | 亏损：35,306.61 | 万元 | | 股东的净利润 | | | | | | | | 扣除非经常性损 | — 亏损：4,900.00 | 万元 | | 万元 6,200.00 | 亏损：36,347.42 | 万元 | | 益后的净利润 | | | | | | | 二、与会计师事务所沟通情况 公司已就本次业绩预告有关事项与会计师事务所进行预沟通，公司与会计师 事务所在业绩预告相关财务数据方面不 ...

格隆汇1月26日丨红相股份(300427.SZ)在投资者互动平台表示，公司通信电子板块业务未涉及汽车领 域。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 上海久诚律师事务所股票索赔律师许峰提示，红相股份（维权）（300427）虚假陈述引发的投资者索赔 案已经进入倒计时，目前诉讼时效仅剩下最后三个月左右，"过期作废"。（许峰律师专栏） 许峰律师代理的红相股份投资者索赔案已多次向法院提交立案，目前正在等待法院的安排。律师团队还 在继续推进后续案件的立案工作，还在继续接受其他投资者的索赔委托。2026年1月23日，律师再代理 投资者向法院提交一次立案。 需要注意的是，红相股份实控人此前曾作出承担投资者赔偿责任的承诺。律师提示，虽然有承诺，投资 者实际获赔需要以起诉为基础。 2024年4月3日晚，红相股份公告收到证监会厦门监管局《行政处罚决定书》，经查明，红相股份及相关 人员存在以下违法事实： （二）2020年公开发行可转换公司债券构成欺诈发行。 （三）2020年申请发行股份及支付现金购买资产并募集配套资金公告发行文件存在重大虚假记载。 专门从事股票索赔法律事务的上海久诚律师事务所主任许峰律师认为，在2018年3月30日到2023年4月29 日之间买入红相股份股票，并且在2023年4月29日后卖出或持有股票的投资者，还 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 受损股民可至新浪股民维权平台登记该公司维权：http://wq.finance.sina.com.cn/ 关注@新浪证券、微信关注新浪券商基金、百度搜索新浪股民维权、访问新浪财经客户端、 新浪财经首页都能找到我 上海久诚律师事务所股票索赔律师许峰提示，红相股份（维权）（300427）虚假陈述引发的投资者索赔 案已经进入倒计时，目前诉讼时效仅剩下最后三个月左右，"过期作废"。（许峰律师专栏） 许峰律师代理的红相股份投资者索赔案已多次向法院提交立案，目前正在等待法院的安排。律师团队还 在继续推进后续案件的立案工作，还在继续接受其他投资者的索赔委托。2026年1月23日，律师再代理 投资者向法院提交一次立案。 需要注意的是，红相股份实控人此前曾作出承担投资者赔偿责任的承诺。律师提示，虽然有承诺，投资 者实际获赔需要以起诉为基础。 2024年4月3日晚，红相股份公告收到证监会厦门监管局《行政处罚决定书》，经查明，红相股份及相关 人员存在以下违法事实： 一、信息披露违法违规 红相股份2017年-2022年年度报告存在虚假记载。红相股份及其子公司厦门红相信息科技有限公司等 ...

Core Viewpoint - The court has ruled in favor of some investors in a securities fraud case against Hongxiang Co., Ltd. (stock code: 300427), allowing them to seek compensation for losses incurred due to false statements made by the company [1][4]. Group 1: Legal Findings - Hongxiang Co., Ltd. was found to have engaged in information disclosure violations from 2017 to 2022, including fabricating sales, inflating fixed assets, and misrepresenting financial results [1][4]. - Specific financial manipulations included: - In 2017, inflated revenue of 104.89 million yuan and profit of 59.72 million yuan, representing 14.10% and 38.03% of reported figures, respectively - In 2018, inflated revenue of 255.59 million yuan and profit of 144.22 million yuan, representing 19.49% and 47.72% - In 2019, inflated revenue of 227.07 million yuan and profit of 141.18 million yuan, representing 16.94% and 48.19% - In 2020, inflated revenue of 304.97 million yuan and profit of 75.38 million yuan, representing 20.12% and 29.79% - In 2021, inflated revenue of 108.80 million yuan and a profit reduction of 3.25 million yuan, representing 7.80% and 0.51% - In 2022, inflated costs of 24.88 million yuan and a profit reduction of 24.88 million yuan, representing 2.15% and 33.27% [1][4]. Group 2: Fraudulent Issuance - The company was also found to have committed fraud in its stock issuance, including: - Fraudulent non-public stock issuance in 2019 - Fraudulent public issuance of convertible bonds in 2020 - Major false statements in documents related to asset purchases and fundraising in 2020 [2][5]. - Investors who suffered losses due to these fraudulent activities can file for compensation, which includes loss of investment, commissions, and stamp duty [2][5]. Group 3: Compensation Process - Investors who purchased Hongxiang shares between March 30, 2018, and April 28, 2023, and held them until the latter date are eligible for compensation [2][5]. - Required documentation for claims includes securities account information, stock reconciliation statements from March 1, 2018, to December 2023, and contact information [2][5].