Core Viewpoint - The power grid equipment sector experienced significant gains in early trading, driven by the announcement from the State Grid Corporation regarding substantial fixed asset investments during the 14th Five-Year Plan period [1] Group 1: Market Reaction - Major stocks in the power grid equipment sector, such as Baobian Electric (600550), Sanbian Technology (002112), and Xinlian Electronics (002546), reached their daily limit up [1] - Other notable gainers included Shuangjie Electric (300444), Guodian Nanzi (600268), and China West Electric (601179), indicating a broad market rally in this sector [1] Group 2: Investment Announcement - The State Grid Corporation announced that fixed asset investments will reach 4 trillion yuan during the 14th Five-Year Plan, marking a historical high [1] - This investment amount represents a 40% increase compared to the previous 13th Five-Year Plan period [1] - The funding will primarily focus on technological innovation and the construction of new power systems [1]

格隆汇1月14日丨双杰电气(300444.SZ)公布，第二期员工持股计划所持有的6,078,834股公司股份已于 2023年5月15日至2026年1月14日期间通过集中竞价交易方式全部出售完毕，出售股份数量占目前公司总 股本的0.76%。股份出售已严格遵守市场交易规则及中国证监会关于信息敏感期不得买卖股票的规定， 未利用内幕信息进行交易。根据《公司第二期员工持股计划》相关规定，第二期员工持股计划所持有的 公司股票已出售完毕，第二期员工持股计划终止，公司将根据第二期员工持股计划的规定完成相关资产 的清算和收益分配等工作。 ...

证券代码：300444 证券简称：双杰电气 公告编号：2026-002 （二）本次员工持股计划的锁定期限 北京双杰电气股份有限公司 关于第二期员工持股计划出售完毕暨终止的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整， 没有虚假记载、误导性陈述或者重大遗漏。 北京双杰电气股份有限公司（以下简称"公司"）第二期员工持股计划（以 下简称"本次持股计划"）存续期即将届满，截至2026年1月14日第二期员工持 股计划所持有的公司股份已全部出售完毕。根据《关于上市公司实施员工持股计 划试点的指导意见》及《深圳证券交易所上市公司自律监管指引第2号——创业 板上市公司规范运作》等相关规定，公司第二期员工持股计划实施完毕并终止。 现将第二期员工持股计划相关情况公告如下： 一、第二期员工持股计划的基本情况 公司于 2021 年 1 月 14 日召开第四届董事会第二十二次会议、第四届监事 会第十八次会议，并于 2021 年 2 月 1 日召开公司 2021 年第一次临时股东大会， 审议通过了《关于公司<第二期员工持股计划（草案）>及其摘要的议案》《关 于公司<第二期员工持股计划管理办法>的议案》等相关议案，同意公司实 ...

Company Overview - Beijing Shuangjie Electric Co., Ltd. was established in 2002 and listed on the Shenzhen Stock Exchange in 2015 under stock code 300444.SZ. The company has over 20 years of experience in the power industry, maintaining strong R&D capabilities and advanced smart manufacturing levels [2]. - The company has over 2,000 employees and six production bases located in Beijing, Anhui, Inner Mongolia, Xinjiang, Jiangsu, and Hubei, covering both power distribution and new energy intelligent equipment [2]. Financial Performance - In the first three quarters of 2025, the company achieved a revenue of ¥3,309,345,049.19, representing a year-on-year growth of 29.08% - The net profit attributable to shareholders reached ¥125,078,549.58, with a year-on-year increase of 7.59% [2]. Business Segments Smart Electrical Products - The main products include equipment for power distribution systems, such as ring main units, pole-mounted switches, and various types of transformers. Core products contributing significantly to revenue include solid-insulated ring main units, pole-mounted switches, transformers, and box-type substations [3]. New Energy Business - The company is expanding its new energy business, focusing on wind, solar, storage, and charging solutions, providing comprehensive solutions for customers [2]. Market Position and Growth Opportunities - The company benefits from the national push for high-quality development in the power distribution network, which has led to a significant increase in orders for power grid equipment [4]. - The solid-insulated ring main unit is a key innovative product with a promising market outlook, particularly in harsh environments and overseas markets driven by environmental policies [5]. Revenue Distribution - Currently, the majority of the company's revenue comes from the domestic market, with overseas sales accounting for approximately 10% of the smart electrical business revenue. The new energy business's overseas expansion is progressing as planned [6]. Cost Management - The main raw materials affecting costs are copper and silicon steel, with copper significantly impacting transformer costs. The company is implementing risk management measures, such as price locking with suppliers, to mitigate the effects of raw material price fluctuations [7]. Future Strategies - The company is focused on organic growth through R&D and technological innovation in its core business areas, with no immediate plans for cross-industry mergers or acquisitions [8].

景顺长城创业板综指增强A（008072）成立日期2020年5月25日，最新规模4.4亿。今年以来收益 6.68%，同类排名1875/5520；近一年收益75.99%，同类排名363/4203；成立以来收益134.84%。 景顺长城创业板综指增强A（008072）基金经理为黎海威。 截至发稿，黎海威累计任职时间12年81天，现任基金资产总规模80.81亿元，任职期间最佳基金回报 221.27%， 任职期间最差基金回报-6.36%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 1月14日，双杰电气涨5.22%，截至发稿，报13.31元/股，成交23.56亿元，换手率30.07%，总市值106.30 亿元。双杰电气股价已经连续3天上涨，区间累计涨幅21.4%。 资料显示，北京双杰电气股份有限公司位于北京市海淀区东北旺西路8号院40号楼(A区1号楼)，成立日 期2002年12月13日，上市日期2015年4月23日，公司主营业务涉及从事电力领域"源、网、荷、储"的研 发、生产、 ...

Market Overview - The A-share market experienced fluctuations with the Shanghai Composite Index down by 0.64% to 4138.76, the Shenzhen Component Index down by 1.37% to 14169.40, and the ChiNext Index down by 1.96% to 3321.89, while the total market turnover reached 3.7 trillion yuan [1][2][8]. Sector Performance - Sectors such as pharmaceuticals, precious metals, electric grid equipment, and oil service engineering showed positive performance, while previously popular sectors like commercial aerospace, controllable nuclear fusion, low-altitude economy, and chips faced declines [2][9]. - The electric grid equipment sector saw a significant rebound, with some stocks like YN Power and Double Jet Electric hitting their daily limit up by 20% and 30% respectively, indicating strong market interest [4][11]. Capital Flow - Major capital inflows were observed in the media sector with over 15.8 billion yuan, pharmaceuticals with over 9.1 billion yuan, and non-ferrous metals with over 5.3 billion yuan. Conversely, the electronics sector faced a net outflow exceeding 36 billion yuan [3][10]. Future Outlook - Analysts from Guangfa Securities suggest that if the spring market rally occurs earlier, it may indicate a favorable economic cycle, with potential adjustments in mid-January providing good investment opportunities [3][10]. - Haitong Securities noted that while the spring market may still have room for growth, the concentration of trading structures could lead to a rotation in market trends, advising investors to focus on high-value sectors with improving external demand [3][10]. Industry Developments - The Ministry of Industry and Information Technology and other departments released guidelines for the construction and application of industrial green microgrids, aiming to enhance green electricity usage in industrial sectors [6][13]. - The global demand for electricity in data centers is projected to increase significantly due to AI applications, with estimates suggesting an additional 325 to 580 TWh by 2028, which will elevate overall electricity demand [6][13]. - Goldman Sachs forecasts that investments in global digital infrastructure and energy systems driven by AI could reach 5 trillion USD over the next decade, with electric grid equipment being a primary beneficiary [6][13]. Transformer Industry Insights - Data from the General Administration of Customs indicates that transformer exports from January to November 2025 reached 57.86 billion yuan, marking a year-on-year increase of 36.3% [14]. - The transformer industry is currently facing significant order backlogs, leading to supply chain bottlenecks and market shortages [14]. Commercial Aerospace Sector - The commercial aerospace sector experienced a sharp decline, with the sector index dropping by 5.01%, and numerous stocks within the sector facing significant losses, including Aerospace Huan Yu and Aerospace Software [6][14][15].

Group 1 - Guodian NARI (600406) is a state-owned enterprise based in Nanjing, recognized as a benchmark for scientific reform among central enterprises, with a strong research and development system and significant achievements in grid technology [1] - The company has a market share of over 75% in dispatch automation systems and over 50% in UHV converter valves, with its products addressing grid stability issues caused by renewable energy generation [1] - The demand for AI computing power and electricity is driving the construction of new power systems, and the company is expanding its overseas business, exporting products like distribution transformers to multiple countries [1] Group 2 - Suyuan Electric (002028) is a comprehensive supplier of power transmission and distribution based in Shanghai, focusing on UHV and energy storage sectors, and is the largest manufacturer of high-voltage packages and coils in China [2] - The company expects 60% of its overseas revenue in 2024 to come from transformers, with overseas orders growing over 50% and a remarkable 89% growth in the first half of 2025 [2] - The surge in demand for high-voltage transmission and distribution equipment driven by AI computing centers and new energy projects presents significant growth opportunities for the company [2] Group 3 - China XD Electric (601179) is a state-owned enterprise based in Xi'an, specializing in high and ultra-high voltage transformers and power transmission and distribution equipment, capable of producing products across a voltage range of 10kV to 1000kV [3] - The company has a significant market share in UHV projects and has seen an increase in exports to Europe, with its technology reaching international advanced levels [3] - The demand for UHV technology is increasing due to the need for long-distance power transmission, and the company is well-positioned to meet both domestic and international market needs [3] Group 4 - Baobian Electric (600550) is a core supplier of UHV DC transformers based in Baoding, with a strong position in high-end transformers and a market share of 30% in UHV products [4] - The company has unique technologies that reduce material costs and has participated in major projects, exporting to over 40 countries [4] - The urgent demand for high-reliability transformers driven by AI computing centers and new energy power stations positions the company to benefit from both domestic and international projects [4] Group 5 - Jinpan Technology (688676) is a leading global manufacturer of dry-type transformers based in Haikou, focusing on wind and solar energy applications, with 98% of its products supporting renewable energy [5] - The company has a significant order backlog of 2.85 billion yuan for 2025, reflecting a substantial year-on-year growth of 180% [5] - The increasing demand for efficient dry-type transformers from AI computing centers and the proliferation of renewable energy generation presents a strong growth opportunity for the company [5] Group 6 - Mingyang Electric (301291) is a leader in offshore wind power transformers based in Zhongshan, specializing in dry-type transformers and prefabricated substations [6] - The company has developed products that meet the extreme conditions of offshore environments and is expected to achieve significant sales in North America by 2026 [6] - The growing demand for offshore wind power and the urgent need for grid upgrades in North America provide ample order support for the company [6] Group 7 - Teruid (300001) is a pioneer in outdoor box-type power equipment based in Qingdao, recognized as a champion enterprise in manufacturing [7] - The company has a complete technology system for modular prefabricated substations and has a leading market share in the new energy sector [7] - The demand for modular products from AI computing centers and the need for grid upgrades position the company to capture significant market growth [7] Group 8 - XJ Electric (000400) is a high-tech enterprise based in Xuchang, focusing on UHV and smart grid technologies, with a comprehensive industrial chain covering all aspects of power transmission and distribution [8] - The company has participated in all domestic UHV DC transmission projects and has a strong patent portfolio [8] - The growth in AI computing and electricity demand is accelerating the construction of smart grids, providing competitive advantages for the company [8] Group 9 - Sifang Co., Ltd. (601126) is based in Beijing and has a strong advantage in smart distribution networks, providing a full range of products for self-healing control and primary and secondary integration [9] - The company has implemented its products in over 30 provinces and cities, significantly improving efficiency in power distribution [9] - The demand for reliable power supply from AI computing centers and the ongoing digital transformation of distribution networks present broad development opportunities for the company [9] Group 10 - Samsung Medical (601567) is based in Ningbo and operates in both smart power distribution and medical services, covering a wide range of products in the power equipment sector [10] - The company has established manufacturing bases in multiple locations and has a marketing presence in over 70 countries [10] - The construction of AI computing centers and new energy projects requires substantial power distribution equipment, positioning the company to benefit from global demand growth [10]

Group 1 - The core viewpoint of the news is that the power grid equipment sector experienced a significant increase of 2.56% on the trading day, with YN Power leading the gains [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] - YN Power's stock price rose by 20.06% to 17.42, with a trading volume of 203,500 shares and a transaction value of 340 million yuan [1] Group 2 - The net inflow of main funds in the power grid equipment sector was 2 billion yuan, while retail investors saw a net outflow of 478 million yuan [2] - The stock of TBEA saw a net inflow of 1.846 billion yuan, accounting for 15.50% of the total, while retail investors had a net outflow of 655 million yuan [3] - The stock of Shuangjie Electric experienced a net inflow of 1.37 billion yuan from main funds, but a net outflow of 1.29 billion yuan from retail investors [3]

景顺长城创业板综指增强A（008072）基金经理为黎海威。 截至发稿，黎海威累计任职时间12年80天，现任基金资产总规模80.81亿元，任职期间最佳基金回报 221.27%， 任职期间最差基金回报-6.36%。 1月13日，双杰电气涨5.55%，截至发稿，报11.41元/股，成交7.96亿元，换手率12.03%，总市值91.12亿 元。 资料显示，北京双杰电气股份有限公司位于北京市海淀区东北旺西路8号院40号楼(A区1号楼)，成立日 期2002年12月13日，上市日期2015年4月23日，公司主营业务涉及从事电力领域"源、网、荷、储"的研 发、生产、销售及运营。主营业务收入构成为：新能源建设开发49.10%，智能电气设备27.29%，变压 器及箱式变电站12.74%，新能源智能装备10.44%，其他(补充)0.43%。 从基金十大重仓股角度 数据显示，景顺长城基金旗下1只基金重仓双杰电气。景顺长城创业板综指增强A（008072）三季度持 有股数106.14万股，占基金净值比例为0.8%，位居第九大重仓股。根据测算，今日浮盈赚取约63.68万 元。 景顺长城创业板综指增强A（008072）成立日期2020年5月 ...

三变科技、特变电工直线涨停，安靠智电涨超10%，双杰电气、摩恩电气、中国西电等纷纷冲高。 (本文来自第一财经) 三变科技、特变电工直线涨停，安靠智电涨超10%，双杰电气、摩恩电气、中国西电等纷纷冲高。 (本文来自第一财经) ...