Group 1 - The smart grid sector is experiencing significant activity, with five stocks hitting the daily limit up, including Electric Power Research Institute rising over 12% and several others reaching the limit up [1] - The current market focus is on the State Grid's unexpected investment scale and the rigid demand for grid upgrades driven by the explosion of AI computing power, alongside the anticipated application of new technologies such as flexible DC and low-frequency transmission [1][3] - The State Grid Corporation announced that fixed asset investment during the 14th Five-Year Plan period is expected to reach 4 trillion yuan, a 40% increase compared to the previous plan, which will continue to promote the construction of large transmission corridors [3] Group 2 - The demand for power transmission and transformation equipment, such as transformers, cables, and insulators, is expected to increase significantly due to the State Grid's increased investment and ongoing projects for upgrading distribution networks [4] - The upgrade of smart grids will drive the digital and intelligent transformation of grid operation and management, creating opportunities for companies focused on the development of automation systems [4] - The market for specialized chips for smart grid terminal devices, including power management and metering chips, is expected to expand steadily, benefiting companies with mature chip development technologies [4] - The trend of collaboration between smart grids and new energy storage systems is clear, leading to a continuous rise in demand for energy storage systems, which will benefit companies providing related products [4]

Core Viewpoint - The industrial control power supply industry is experiencing significant growth driven by the accelerated automation and intelligence transformation in manufacturing, with the market size expected to increase from 115.44 billion yuan in 2015 to 462.12 billion yuan in 2024, representing a compound annual growth rate (CAGR) of 16.7% [1][9]. Group 1: Industry Overview - Industrial control power supplies are specialized devices that convert mains electricity or other power sources into stable direct current suitable for industrial control equipment, characterized by high stability, reliability, and durability [5][6]. - The working principle of industrial control power supplies involves power conversion technologies, including rectification, filtering, voltage regulation, and output [5]. Group 2: Industry Chain - The upstream materials for the industrial control power supply industry include power devices, electronic components, and various metal and mechanical materials, which directly affect the performance and cost of midstream products [5]. - The downstream applications encompass sectors such as machinery manufacturing, power systems, transportation, and petrochemicals, where industrial control power supplies provide stable power support for various control devices, sensors, and actuators [6]. Group 3: Current Industry Status - The power supply industry in China has maintained rapid growth, with the market size reaching 517.4 billion yuan in 2022, a year-on-year increase of 32.3%, and is projected to continue growing to 770.2 billion yuan in 2024 [8][9]. - The demand for industrial automation has surged due to rising labor costs and the need for higher product quality, driving the growth of the industrial control power supply market [9]. Group 4: Competitive Landscape - Domestic companies like Yingjie Electric and Dongfang Sitong are rapidly catching up to international standards, effectively meeting downstream equipment demands and gradually replacing imported products [11]. - The industry still has many small and medium-sized enterprises that primarily serve sectors with lower precision and performance requirements, relying on cost competition to maintain market share [11]. Group 5: Development Trends - Emerging industries such as photovoltaics and rare earth materials are driving the upgrade of the industrial control power supply industry, leading to increased demand for high-quality products [13]. - The industry is expected to shift towards digitalization, with mainstream products evolving from analog-digital combinations to fully digital, modular, intelligent, and programmable solutions [13][14]. - The concentration of the industry is anticipated to increase, with market resources shifting towards leading enterprises that possess economies of scale and technological innovation advantages [15].

（编辑 丛可心） 证券日报网讯 1月15日，华自科技在互动平台回答投资者提问时表示，子公司华自超算专注于AI视觉识 别算法、图像增强算法、语音增强算法、国产操作系统定制研发、多模态大模型、算力板卡等AI全栈 技术研究与应用。 ...

证券日报网讯1月15日，华自科技（300490）在互动平台回答投资者提问时表示，公司始终严守信息披 露规则，已按规则要求在定期报告中披露订单相关信息。 ...

Group 1 - The core point of the article is that Huazi Technology (300490) reported a total of 39,373 shareholders as of January 9 [1]

证券日报网讯1月13日，华自科技（300490）在互动平台回答投资者提问时表示，公司始终严守信息披 露规则，在合规前提下积极回应各类问询。订单相关信息因涉及商业秘密，暂不便详细披露。可通过公 司公众号等官方渠道关注经营动态。 ...

（文章来源：证券日报） 证券日报网讯 1月13日，华自科技在互动平台回答投资者提问时表示，公司日常经营重大合同披露标准 为：一次性签署合同金额占公司最近一个会计年度经审计主营业务收入50%以上（2024年公司营业收入 为19.09亿元），且绝对金额超过1亿元。公司严格依规履行信披义务，尊重投资者、敬畏监管规则，还 望理解支持。 ...

证券日报网讯1月13日，华自科技（300490）在互动平台回答投资者提问时表示，公司具备为数据中心 在内的工商业园区提供分布式新能源、储能及智能配电产品及系统方案的能力，目前正在积极拓展相关 业务。 ...

Core Viewpoint - The company, Huazi Technology, is actively engaging in the solid-state battery sector, focusing on providing essential equipment and systems for production and testing [1] Group 1: Company Developments - Huazi Technology has announced its capability to offer solid-state battery formation capacity machines and automated logistics systems for testing [1] - The company plans to extend its layout around key processes such as isostatic equipment and high-temperature high-pressure fixtures, emphasizing the core needs of solid-state battery production [1]

Core Viewpoint - The company, Huazi Technology, has developed core technologies for multi-energy IoT and created an integrated platform for energy sources, networks, loads, and storage, contributing to the clean and low-carbon energy transition [1] Group 1: Company Developments - Huazi Technology has independently developed several core hardware and software products, including an integrated platform for energy sources, networks, loads, and storage, multi-energy IoT coordinators, commercial liquid-cooled energy storage cabinets, and energy storage inverters [1] - The company provides comprehensive energy solutions to users, having implemented multiple integrated projects for energy sources, networks, loads, and storage [1]