Core Insights - In December 2025, a total of 713 private equity firms participated in A-share research activities, covering 392 stocks across 28 primary industries, with a total of 1,765 research instances recorded [1] - Notably, 43 large private equity firms conducted research on 151 A-shares, accounting for 16.49% of the total research instances [1] - The most researched stocks included Haiguang Information and Zhongke Shuguang, each receiving 117 research instances, significantly outpacing other A-shares [1][2] Industry Focus - The top ten stocks receiving the most attention from private equity firms were primarily in the machinery, electronics, and pharmaceutical industries, with three stocks from the machinery sector making the list [2][4] - The electronics industry had 60 stocks researched, totaling 384 instances, while the machinery sector had 64 stocks with 286 instances, making them the focal points of private equity research [4][5] - Other industries that garnered significant attention included computer, pharmaceutical, automotive, and power equipment, each surpassing 100 research instances [4][5] Stock Research Rankings - The top ten A-shares by research instances in December included: - Haiguang Information (117 instances) - Zhongke Shuguang (117 instances) - Changan Automobile (42 instances) - Jerry Holdings (34 instances) - Boying Welding (31 instances) - Weichuang Electric (30 instances) - Yipin Hong (30 instances) - Huqin Technology (27 instances) - Huatong Cable (25 instances) - Zoli Pharmaceutical (24 instances) [3] Active Private Equity Firms - In December, 24 private equity firms conducted at least 10 research instances, with 12 of them being large firms [5][6] - Zhengyuan Investment led with 28 research instances covering 27 stocks, primarily in the machinery sector [6][7] - Other notable firms included Dui Shui Quan with 25 instances, Gao Yi Asset and He Xie Hui Yi Asset with 21 instances each, and Panjing Investment with 19 instances [6][7][8]

Group 1: Company Overview and Market Position - The company has shown positive trends in four key areas: significant overseas market expansion, rapid growth in HRSG business, potential in oil and gas composite pipe industry, and strong confidence in creating long-term value for investors [1] - The company has established three production bases globally, with a notable manufacturing advantage and significant overseas revenue growth potential, particularly from the newly operational Vietnam factory [2] Group 2: Financial Performance and Shareholder Returns - Over the past two years since its listing, the company has distributed approximately CNY 100 million in dividends, enhancing shareholder satisfaction [2] - From October 2024 to October 2025, the company repurchased shares worth over CNY 40 million, all of which were canceled, further stabilizing and enhancing investment value [2] Group 3: Production Capacity and Product Value - The Vietnam production line can produce approximately two sets of HRSG units per year, depending on production scheduling and resource availability [3] - The core components of the HRSG units, which include economizers and evaporators, represent a significant portion of the overall value, with pricing influenced by material costs and market demand [3] Group 4: Market Opportunities and Strategic Initiatives - The company is actively investing in its Vietnam base to capture the growing demand for gas turbine market opportunities, with plans for further expansion and new production lines [4] - The global oil and gas pipeline market is expected to grow structurally, driven by increasing natural gas demand and the need for infrastructure upgrades, leading to a rising demand for composite pipes [5]

格隆汇1月8日丨博盈特焊(301468.SZ)在投资者互动平台表示，在核电领域公司的产品和技术有应用， 并已获得相应订单。公司主要为核电企业提供高压管道的内壁堆焊、汽水分离再热器等使用堆焊技术的 设备和部件。可控核聚变的设备中涉及多种用金属复合技术制造的特种合金、高温合金等控温冷却换热 装置，堆焊或增材制造是金属复合加工工艺的重要手段，公司的防腐防磨堆焊技术可以用于核电核能领 域中涉及特殊焊接的设备或部件上，目前，公司暂无产品提供给可控核聚变项目应用。 ...

Group 1 - On January 7, 21 companies were investigated by institutions, with 19 of them being attended by funds, highlighting a strong interest in specific companies like Chaojie Co., Shunhao Co., and Dongfang Shenghong [1][2] - Chaojie Co. received the most attention, with 27 funds participating in its investigation, while Shunhao Co. and Dongfang Shenghong had 18 and 13 funds respectively [1][3] - The companies investigated belong to various sectors, with the electronics and machinery equipment industries having the highest representation, each with 3 companies [1] Group 2 - Among the companies investigated, 3 have a total market capitalization exceeding 500 billion yuan, with BOE Technology Group being one of them, while 8 companies have a market cap below 100 million yuan [1] - In terms of market performance, 14 out of the investigated stocks increased in value over the past 5 days, with the highest gains seen in Pulite, Shunhao Co., and Guanglian Aviation, which rose by 38.07%, 20.57%, and 13.49% respectively [1][2] - Conversely, 4 stocks experienced declines, with the largest drops recorded by Binglun Environment, Haixia Co., and Dongfang Shenghong, which fell by 11.15%, 10.70%, and 2.09% respectively [1]

Core Viewpoint - The company has applications in the nuclear power sector, providing high-pressure pipeline cladding and components using cladding technology, but currently does not supply products for controlled nuclear fusion projects [1] Group 1: Nuclear Power Applications - The company’s products and technologies are already applied in the nuclear power field [1] - It primarily offers high-pressure pipeline cladding and steam-water separator reheaters as part of its services [1] - The company’s anti-corrosion and wear-resistant cladding technology can be utilized in special welding equipment or components related to nuclear energy [1] Group 2: Controlled Nuclear Fusion - The company has not yet provided products for applications in controlled nuclear fusion projects [1] - Equipment for controlled nuclear fusion involves various special alloys and high-temperature alloys manufactured using metal composite technology [1] - Cladding or additive manufacturing is an important processing method in metal composite technology relevant to controlled nuclear fusion [1]

Group 1: Company Performance and Market Expansion - The company has shown significant improvement in four areas: overseas market expansion, rapid business growth, potential in the oil and gas composite pipe industry, and strong confidence in creating long-term value for investors [1] - The overseas market demand for waste incineration is broad, driven by downstream transformation and policy support in developing countries, leading to increased penetration rates [1] - The new production base in Vietnam has begun to establish capacity and is entering the ramp-up phase, while the construction of the Daya production base is progressing orderly and is expected to be operational this year [1][2] Group 2: Financial Performance and Shareholder Returns - The company has distributed approximately CNY 100 million in dividends since its listing, enhancing shareholder satisfaction [2] - A share repurchase plan of CNY 400 million is set to be implemented, with all repurchased shares to be canceled, further stabilizing and enhancing the company's investment value [2] - The company emphasizes continuous optimization of profit distribution mechanisms to share development dividends with investors through dividends and buybacks [2] Group 3: Production Capacity and Order Progress - The Vietnam production base has eight HRSG production lines under construction, with four expected to be operational in Q2 and the remaining four in Q4 of this year [2] - The company has received orders for HRSG products, with the production cycle approximately six months, and the first batch of orders is set to enter production soon [2] - The Daya base is planned to have two HRSG production lines, expected to be operational in 2026, primarily serving non-North American market demands [3] Group 4: Market Demand and Pricing Strategy - The demand for HRSG is increasing alongside the rising need for gas turbines driven by the rapid expansion of AI data centers in North America [3] - The pricing of HRSG products is determined by material costs, labor, and other expenses, with recent orders reflecting price increases compared to earlier contracts [3] - The company has obtained ASME certification and is progressing through the necessary production system certifications to enter the North American market [3]

Core Viewpoint - The company has successfully launched its first phase of production at the Vietnam facility, with plans for further expansion underway [2]. Group 1 - The first phase of the Vietnam production base includes four HRSG units that are currently operating at full capacity [2]. - The second phase of the Vietnam production base is progressing steadily, with an expected launch in the second quarter of this year [2]. - The company will disclose any updates regarding the expansion in accordance with legal regulations [2].

责任编辑：小浪快报 第1笔成交价格为57.42元，成交15.00万股，成交金额861.30万元，溢价率为-1.31%，买方营业部为中信 证券股份有限公司北京总部证券营业部，卖方营业部为中国国际金融股份有限公司深圳分公司。 进一步统计，近3个月内该股累计发生13笔大宗交易，合计成交金额为1.16亿元。该股近5个交易日累计 上涨7.26%，主力资金合计净流出1.13亿元。 1月7日，博盈特焊收涨2.97%，收盘价为58.18元，发生1笔大宗交易，合计成交量15万股，成交金额 861.3万元。 ...

证券代码：301468 证券简称：博盈特焊 公告编号：2026-002 广东博盈特焊技术股份有限公司 董事会薪酬与考核委员会关于 2025 年度第二期限制性股票 激励计划激励对象名单的公示情况说明及核查意见 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。 广东博盈特焊技术股份有限公司（以下简称"公司"）于 2025 年 12 月 26 日 召开第二届董事会薪酬与考核委员会第三次会议和第二届董事会第二十次会议， 审议通过了《关于<2025 年度第二期限制性股票激励计划（草案）>及其摘要的 议案》《关于公司<2025 年度第二期限制性股票激励计划实施考核管理办法>的 议案》等相关议案，具体内容详见公司 2025 年 12 月 27 日在巨潮资讯网 （www.cninfo.com.cn）披露的相关公告。 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共 和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》（以 下简称"《管理办法》"）、《深圳证券交易所创业板股票上市规则》（以下简称 "《上市规则》"）、《深圳证券交易所创业板上市公 ...

证券代码：301468 证券简称：博盈特焊 公告编号：2026-003 广东博盈特焊技术股份有限公司 关于 2025 年度第二期限制性股票激励计划内幕信息知情人 买卖公司股票情况的自查报告 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。 综上所述，公司已按照相关法律、法规及规范性文件的规定，建立了信息披 露及内幕信息管理的相关制度；公司已将参与本次激励计划的商议筹划、论证咨 询、决策讨论等阶段的内幕信息知情人进行了登记，内幕信息严格控制在《内幕 信息知情人登记表》登记的人员范围之内，在公司公开披露本次激励计划草案前， 未发现存在信息泄露的情形。 广东博盈特焊技术股份有限公司（以下简称"公司"）于 2025 年 12 月 26 日 召开第二届董事会薪酬与考核委员会第三次会议和第二届董事会第二十次会议， 审议通过了《关于<2025 年度第二期限制性股票激励计划（草案）>及其摘要的 议案》《关于公司<2025 年度第二期限制性股票激励计划实施考核管理办法>的 议案》等相关议案，具体内容详见公司 2025 年 12 月 27 日在巨潮资讯网 （www.cninfo.c ...