A股复盘 | 指数和钱能同时回来吗？ / 2026.03.30 A股今天上演绝地反击，沪指探底回升怒涨0.24%。 反观日韩，一个跌近3%，一个跌超3%。 优势在我！ 周报稍微有点用， 至少铝、药、煤、航天都有！ 数据要素估计明天发酵，刚刚新华社报道，世界数据组织3月30日在北京成立。 今天一大早，特朗普就开工了！FT放出来他的访谈！他想要"夺取伊朗的石油"，并可能占领其出口枢纽哈尔克岛！ 经典的普氏发言开始了！ "也许我们会占领哈尔克岛，也许不会。我们有很多选择," 特朗普对《金融 时报》表示。"这也意味着我们必须在哈尔克岛待上一段时间。 当被问及未来几天能否达成重开霍尔木兹海峡的停火协议时，特朗普拒绝适营具体细节。 中午，新华社报道，特朗普在"空军一号"上对媒体说："他们同意了大部分条款。他们有什么理由不同意呢？" 印OC � @bboczeng 对了，早在2024年，我们就说过抄 底美股最准确的信号 其实是 F 只要他头版头条报道: 美国金融泡 沫,股市崩盘,美国人水深火热,民 不聊生 那第二天就是底 这比什么VIX都要准 现在似乎还没报道,那说明还要跌一 跌 谢谢大家! 虽然能源价格"长期走高"的直接 ...

光伏概念股持续走弱，迈为股份跌近18%，固德威、横店东磁跌超9%，晶科能源、捷佳伟创、阿特斯、昱能科技、禾迈股份、天合光能等跟跌。 | | | 3月30日盘中，A股四大指数进一步下跌，创业板指跌幅扩大至2%，上证指数现跌0.71%，深证成指跌1.49%，科创综指跌1.85%；全市场超3800个 股下跌。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | 000001 | 上证指数 | 3886.11 | -27.62 | -0.71% | | 399001 | 深证成指 | 13555.36 | -205.01 | -1.49% | | 881001 | 万得全A | 6353.28 | -71.57 | -1.11% | | 000680 | 科创综指 | 1631.92 | -30.80 | -1.85% | | 399006 | 创业板指 | 3227.18 | -68.70 | -2.08% | ...

[Table_Page] 深度分析|专用设备 证券研究报告 [Table_Title] AI 珠峰系列五 CPO 渐行渐近，有望重构高效算力互连架构 [Table_Summary] 核心观点： [Table_Grade] 行业评级 买入 前次评级 买入 报告日期 2026-03-29 [Table_PicQuote] 相对市场表现 -20% -6% 8% 22% 36% 50% 03/25 05/25 08/25 10/25 01/26 03/26 专用设备 沪深300 | [分析师： Table_Author]孙柏阳 | | --- | | SAC 执证号：S0260520080002 | | 021-38003680 | | sunboyang@gf.com.cn | | 分析师： 汪家豪 | | SAC 执证号：S0260522120004 | | SFC CE No. BWR740 | | 021-38003792 | | wangjiahao@gf.com.cn | | 分析师： 王宁 | | SAC 执证号：S0260523070004 | | 021-38003627 | | shwangnin ...

证 券 研 究 报 告 证券分析师：马天一 A0230525040004 李冲 A0230524070001 王艺儒 A0230523110003 刘宏达 A0230524020002 太空能源心脏，开启商业航天万亿蓝海 太空光伏系列报告（一） 2026.3.27 投资要点 www.swsresearch.com 证券研究报告 2 ◼ 商业航天已进入规模化、产业化发展的"大航天时代"，在政策、资本与技术共振下，市场规模正朝万亿元 级别迈进。在这一浪潮中，太空光伏（太阳翼） 作为航天器主要可靠的长期能源系统，其需求预计将迎来 爆发式增长，技术路线正从高可靠向高性价比迭代，有望催生新的产业链投资机会。 ◼ 技术格局：太空光伏正沿"砷化镓 → P型HJT晶硅 → 钙钛矿/叠层"三梯队演进：短期三结砷化镓牢牢占据 高轨/深空与高价值任务；中期P型HJT凭借更佳抗辐照与成本优势接棒低轨商业星座；长期钙钛矿叠层凭借 高比功率+低成本，有望在低轨星座、太空算力及空间太阳能电站中成为主力路线。 ◼ 需求与空间：低轨星座+太空算力构成"确定性底盘+高弹性天花板"：2030年前仅低轨卫星光伏市场 约290亿元人民币，而在100G ...

J P M O R G A N 更多资料加入知识星球：水木调研纪要 关注公众号：水木纪要 Asia Pacific Equity Research 21 March 2026 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. China solar and wind What's new in the space solar theme? A media report indicated that a U.S. developer may procure appro ...

机械行业太空光伏深度报告 双轨驱动：商业航天+算力革命，太空光伏迎新纪元 glmszqdatemark | 重点公司盈利预测、估值与评级 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 代码 | 简称 | 股价 | | EPS（元） | | | PE（X） | | 评级 | | | | （元） | 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | | | 300751.SZ | 迈为股份 | 294.05 | 3.06 | 3.87 | 4.92 | 96 | 76 | 60 | 推荐 | | 300776.SZ | 帝尔激光 | 75.67 | 1.89 | 2.35 | 2.85 | 40 | 32 | 27 | 推荐 | | 300724.SZ | 捷佳伟创 | 127.30 | 8.45 | 5.49 | 4.93 | 15 | 23 | 26 | 推荐 | | 688516.SH | 奥特维 | 79.62 | 1.41 | 1.87 ...

Group 1: Space Photovoltaics and Computing - The TERAFAB project aims to establish a chip manufacturing facility with a target annual capacity of 1 terawatt (1TW), with 80% of production dedicated to space missions[9] - The demand for solar power is expected to surge due to the deployment of AI satellites and the need for high-efficiency solar systems in space[10] - The transition of space photovoltaics from auxiliary power units to essential energy infrastructure for space computing is anticipated to drive significant growth in this sector[10] Group 2: 3D Printing Advancements - The 3D printing industry is experiencing growth due to improved equipment efficiency and reduced material costs, particularly in aerospace and consumer electronics[11] - Metal 3D printing is becoming a key technology for intelligent manufacturing, with applications expanding in various fields including AI computing and aerospace[11] - The price of titanium alloy powder for 3D printing has halved from 600 yuan/kg to below 300 yuan/kg, opening new application scenarios[33] Group 3: Home Products and AI Integration - Companies like Gujia Home and Mousse are focusing on smart and functional home products, with Gujia's new product line achieving over 15,000 orders within 24 hours of launch[44] - Mousse is collaborating with Huawei to create a comprehensive sleep solution, integrating AI technology into their product offerings[49] - The home furnishings sector is witnessing a shift towards smart, functional products that address consumer pain points, enhancing market competitiveness[44]

Investment Rating - The report maintains an "Overweight" rating for the electric equipment industry [5] Core Insights - Tesla plans to procure $2.9 billion worth of photovoltaic equipment, indicating strong demand in the solar sector [1] - The UK offshore wind sector is expected to accelerate with the early launch of AR8, highlighting growth opportunities in wind energy [1] - The report emphasizes the importance of key players in the lithium battery, energy storage, and electric equipment sectors, suggesting potential investment opportunities [7][23] Summary by Sections Lithium Battery Sector - The battery industry index decreased by 0.71%, but the lithium battery sector showed strong performance with significant gains in key stocks like Fulin Precision (+20.3%) and Wanrun New Energy (+6.4%) [11] - The ongoing geopolitical tensions in the Middle East are impacting lithium battery material costs, particularly for iron-lithium [13] - A new project by Jiujiang Tinci to produce 500,000 tons of electrolyte annually is set to commence in March 2026, significantly boosting supply [16] - The demand for 5μm separators is rapidly increasing, with limited companies capable of stable production, leading to a 60% price premium over standard products [17][18] Energy Storage Sector - Global energy storage battery shipments are projected to reach 550 GWh in 2025, a 79% increase from 2024, with major contributions from Chinese companies [23] - The average bid for a large-scale energy storage project in Zhangjiakou ranges from 0.479 to 0.577 yuan/Wh, indicating competitive pricing in the market [24] Electric Equipment Sector - The State Grid is accelerating investment in power grid construction, with a reported 80.6% increase in fixed asset investment in the first two months of the year [28] - New regulations in Shandong allow energy storage to participate in both energy and ancillary service markets, enhancing revenue opportunities for storage facilities [25][27] Photovoltaic Sector - Recent reports indicate a decline in silicon material prices, with multi-crystalline silicon averaging 45.0 yuan/kg, reflecting a supply-demand imbalance [29] - Tesla's procurement plans signal a robust outlook for the photovoltaic equipment market, with key players identified for investment [1][7]

尽管在两个月之内太空光伏概念板块已经发生过两轮受市场传 闻驱动的上涨行情，但到目前为止，还没有一家A股上市公司 公开确认拿到了来自SpaceX或特斯拉的太空光伏订单。那 么，在市场传闻的背后，太空光伏到底走到了哪一步？ 作者：郑晨烨 封图：图虫创意 3月20日下午，A股太空光伏板块再次集体拉升。 至当日收盘，上能电气（300827.SZ）20%涨停，每股报44.93元；捷佳伟创（300724.SZ）涨 9.41%，每股报129.11元；迈为股份（300751.SZ）涨9.19%，每股报273.60元；拉普拉斯 （688726.SH）涨7.41%，每股报64.64元；钧达股份（002865.SZ）涨2.23%，每股报84.77 元。 盘面拉升前，市场上出现了两则传闻。一则称SpaceX已向国内一家异质结设备企业采购了一批设 备，按计划将在5月初交付。另一则称特斯拉计划从中国采购总价29亿美元的光伏制造设备，正在 与多家中国企业谈判。 经济观察报记者当天下午就此分别致电捷佳伟创、钧达股份、迈为股份、拉普拉斯四家涨幅靠前的 公司，四家公司均未正面确认上述传闻。 其中，捷佳伟创相关工作人员表示，不清楚相关消息，公司会 ...

Group 1 - Tesla plans to procure photovoltaic manufacturing equipment worth $2.9 billion from China, primarily for T-chain ground applications, with negotiations involving multiple TOPCon equipment manufacturers [5] - Key photovoltaic equipment manufacturers include Maiwei, Jiejia Weichuang, Aotewei, and others, while material manufacturers include Tongwei, Daqo Energy, and TCL Zhonghuan [6] - The article lists various companies involved in different segments of the photovoltaic industry, including battery and component manufacturers like Trina Solar and JinkoSolar, as well as inverter and energy storage system companies like Sungrow and GoodWe [6]