金融界消息 截至2025年8月19日收盘，双杰电气（300444）报收于7.74元，上涨0.65%，换手率5.81%， 成交量34.40万手，成交金额2.66亿元。 资金流向方面，今日主力资金净流出1341.25万元，占比成交额5.03%。其中，超大单净流出227.78万 元、占成交额0.85%，大单净流出1113.47万元、占成交额4.18%，中单净流出流出508.38万元、占成交 额1.91%，小单净流入1849.63万元、占成交额6.94%。 双杰电气最新一期业绩显示，截至2025一季报，公司营业总收入5.98亿元、同比减少40.35%，归属净利 润94.73万元，同比减少98.82%，扣非净利润116.45万元，同比减少98.57%，流动比率1.251、速动比率 0.796、资产负债率76.37%。 天眼查商业履历信息显示，北京双杰电气股份有限公司，成立于2002年，位于北京市，是一家以从事电 力、热力生产和供应业为主的企业。企业注册资本79862.509万人民币，实缴资本32552.9156万人民币。 公司法定代表人为赵志宏。 通过天眼查大数据分析，北京双杰电气股份有限公司共对外投资了28家企业，参 ...

（文章来源：证券日报） 证券日报网讯双杰电气8月18日在互动平台回答投资者提问时表示，近年来，随着新能源业务布局逐步 落地，公司发展步入快车道。公司管理层高度重视市值管理工作，对内持续优化经营管理，提升主业核 心竞争力，夯实业绩基础；对外通过多元化投资者交流活动，向市场传递公司发展战略和投资价值。未 来公司将继续完善市值管理工作体系，推动资本市场对公司价值的合理认知，为股东创造回报。 ...

Core Viewpoint - The company emphasizes the importance of market value management and is committed to enhancing its core competitiveness and performance foundation while communicating its development strategy and investment value to the market [1] Group 1 - The company has seen its development accelerate due to the gradual implementation of its new energy business layout [1] - The management is focused on optimizing internal operations to strengthen core competitiveness [1] - The company engages in diverse investor communication activities to convey its development strategy and investment value [1] Group 2 - The company plans to continue improving its market value management system [1] - The goal is to promote a reasonable understanding of the company's value in the capital market [1] - The company aims to create returns for its shareholders [1]

Core Viewpoint - The demand for smart ring network cabinets is significantly influenced by the State Grid Corporation of China, which is a major user of distribution equipment and plays a leading role in the construction of smart grids and new power systems in China. The total tender volume for smart ring network cabinets is expected to reach 36,631 units in 2024, reflecting a year-on-year increase of 40.02% [1][10]. Market Policy - The smart ring network cabinet falls under the category of "C38 Electrical Machinery and Equipment Manufacturing" in China's national economic industry classification. The development of this industry is supported by various policies aimed at enhancing the safety and efficiency of the power system, including guidelines for rural power grid enhancement and the promotion of intelligent manufacturing [4][6]. Industry Chain - The upstream of the smart ring network cabinet industry includes suppliers of metals such as copper, aluminum, and steel, as well as insulation materials and electronic components. The downstream market primarily consists of applications in urban residential areas, secondary substations, and industrial enterprises [7]. Development Status - The primary customers for smart ring network cabinets are subsidiaries of the State Grid, which imposes strict quality and technical requirements on distribution equipment. The demand from the State Grid serves as a barometer for the market's development [9][10]. Competitive Landscape - The smart ring network cabinet market in China is characterized by a fragmented competitive landscape, with 296 companies winning tenders in 2024, totaling 14.6 billion yuan. Key players include Guodian NARI Technology Co., Ltd., Beijing Haochuang Ruitong Electric Equipment Co., Ltd., and Keda Intelligent Electric Technology Co., Ltd. [13][14]. Development Trends - Future advancements in technologies such as 5G, IoT, big data, and AI are expected to enhance the capabilities of smart ring network cabinets, enabling faster response times and more efficient data processing. The demand for high-capacity ring network cabinets is anticipated to grow due to increasing power needs and the expansion of the power grid [21].

Core Viewpoint - The demand for smart pole-mounted switches is primarily driven by the State Grid Corporation, which is a key player in China's distribution equipment market and has stringent quality and technology requirements for these products. The overall tender volume for smart pole-mounted switches is expected to increase from 63,800 units in 2018 to 232,200 units in 2024, despite fluctuations due to various external factors [1][12][13]. Overview - Smart pole-mounted switches, also known as integrated switches, are installed on overhead distribution lines and feature automation monitoring, remote control, protection, and communication capabilities. They are essential for enhancing the reliability of distribution lines and optimizing grid operation efficiency [2]. Market Policy - The smart pole-mounted switch falls under the category of "C38 Electrical Machinery and Equipment Manufacturing" in China's national economic industry classification. The development of this sector is supported by various government policies aimed at enhancing the safety and efficiency of the power system [5][7]. Industry Chain - The upstream materials for smart pole-mounted switches include switch bodies, insulation modules, current/voltage transformers, and other components, with direct materials accounting for over 90% of costs. The midstream involves manufacturing, while the downstream applications cover various sectors, including urban and rural power grids and renewable energy integration [8][9]. Development Status - The State Grid is the primary customer for smart pole-mounted switches, reflecting the market's development. The tender volume for these switches is expected to show a growth trend, with significant increases projected for 2024 [12][14]. Competitive Landscape - The smart pole-mounted switch industry has a competitive market structure, with numerous participants. In 2024, 255 companies won tenders from the State Grid, with a total bid amount of 9.46 billion yuan. Key players include Keda Intelligent Electric Technology Co., Shanghai Honglida Information Technology Co., and others [16][17]. Industry Representative Analysis - Shanghai Honglida Information Technology Co. reported a total revenue of 979 million yuan and a gross profit of 448 million yuan in 2024, indicating strong performance in the smart distribution network sector [20]. - Jinguang Electric Co. achieved a total revenue of 658 million yuan and a gross profit of 214 million yuan in 2024, focusing on the development of smart high-voltage switchgear and other related products [22]. Development Trends - Future advancements in integrated technology and AI algorithms are expected to enhance the performance and efficiency of smart pole-mounted switches, improving fault detection accuracy and response times. The integration of 5G technology will further optimize operational efficiency in power grid management [24].

证券日报网讯 双杰电气（300444）8月14日在互动平台回答投资者提问时表示，公司始终重视核心业务 的经营管理，持续优化治理结构，促进公司内在价值和市场价值的协同发展，致力于以更好的业绩回报 广大投资者。关于公司具体的业绩情况，请您关注定期报告相关内容。 ...

Core Viewpoint - The company, Shuangjie Electric (300444), is developing self-researched battery swapping robots for heavy-duty trucks, which can shorten battery swapping time and enhance operational efficiency for customers in high-frequency transportation scenarios such as logistics, mining, and ports [1] Group 1: Company Developments - The battery swapping robots are designed and manufactured in-house by the company [1] - The robots are aimed at improving efficiency in battery swapping processes [1] Group 2: Market Trends - There is a growing demand for efficient and automated battery swapping equipment due to the rapid adoption of new energy heavy-duty trucks [1] - Supportive policies for battery swapping models are contributing to the increasing market demand [1]

Core Viewpoint - The company, Dongjie Electric, provides a wide range of smart grid products and services, contributing to social development and technological advancement [1] Product Offerings - The company's smart grid products cover equipment and control systems for power distribution at 40.5kV and below, including ring main units, pole-mounted switches, high and low voltage complete switchgear, a full range of low voltage switchgear, and power quality management products [1] - It also offers a complete series of transformers and pre-installed or box-type substations for 110kV and below [1] - The company provides distribution automation monitoring systems and other related products [1] Product Features - The solid cabinet products have high-temperature resistance characteristics, making them suitable for high-heat environments [1] Service Capabilities - The company can supply supporting power distribution products and installation and operation services for robot manufacturing enterprises or users [1]

天眼查商业履历信息显示，北京双杰电气股份有限公司，成立于2002年，位于北京市，是一家以从事电 力、热力生产和供应业为主的企业。企业注册资本79862.509万人民币，实缴资本32552.9156万人民币。 公司法定代表人为赵志宏。 通过天眼查大数据分析，北京双杰电气股份有限公司共对外投资了28家企业，参与招投标项目2324次， 知识产权方面有商标信息4条，专利信息328条，此外企业还拥有行政许可31个。 资金流向方面，今日主力资金净流入1907.47万元，占比成交额5.86%。其中，超大单净流出73.03万 元、占成交额0.22%，大单净流入1980.50万元、占成交额6.08%，中单净流出流出1606.57万元、占成交 额4.93%，小单净流出300.90万元、占成交额0.92%。 双杰电气最新一期业绩显示，截至2025一季报，公司营业总收入5.98亿元、同比减少40.35%，归属净利 润94.73万元，同比减少98.82%，扣非净利润116.45万元，同比减少98.57%，流动比率1.251、速动比率 0.796、资产负债率76.37%。 来源：金融界 金融界消息 截至2025年8月11日收盘，双杰电气 ...

Core Viewpoint - The distribution network is becoming the core of the power system, driven by the national strategy for carbon peak and carbon neutrality, with a significant increase in demand for smart distribution equipment, projected to reach a market size of 86.724 billion yuan in 2024, a year-on-year growth of 24.28% [1][12]. Overview - The distribution network plays a crucial role in receiving and redistributing electricity to various sectors, impacting power supply reliability and quality, and is a vital public infrastructure for economic and social development [2][3]. Market Policy - The development of smart distribution equipment is supported by various national policies aimed at enhancing the safety and efficiency of the power system, including guidelines for rural power grid upgrades and promoting intelligent manufacturing [5][7]. Industry Chain - The upstream of the smart distribution equipment industry includes suppliers of electrical components, metal parts, and electronic components, while the downstream focuses on the power market, particularly in upgrading distribution networks and supporting new energy integration [8]. Current Development - The smart distribution equipment market is rapidly growing due to increasing user demands for power supply quality and reliability, with a projected market size of 86.724 billion yuan in 2024, reflecting a 24.28% increase year-on-year [12][1]. Competitive Landscape - The industry is categorized into three types of participants: large enterprises with significant capital and diversified operations, medium-sized enterprises with focused business areas, and small enterprises with limited market competitiveness [14][16]. Representative Companies - XJ Electric Co., Ltd. is a leading player in the power equipment industry, focusing on high-end technology and products across various sectors, with projected revenues of 17.09 billion yuan in 2024 [16]. - Pinggao Group Co., Ltd. specializes in high and ultra-high voltage equipment, with expected revenues of 12.4 billion yuan in 2024, primarily from its high voltage segment [18]. Development Trends - The trend towards smart distribution network upgrades is expected to accelerate, driven by increased investment in smart grid construction and user demands for improved power supply quality, with a focus on energy efficiency and environmental sustainability [20].