Zheng Quan Shi Bao·2026-01-19 09:24Group 1: Electric Equipment Sector - The electric equipment sector experienced a significant surge, with multiple stocks hitting the daily limit, including TBEA (特变电工) which closed at a limit up and had a total trading volume of 21.88 billion yuan, leading the A-share market in trading volume [1][2] - The State Grid announced that during the 14th Five-Year Plan period, fixed asset investment is expected to reach 4 trillion yuan, a 40% increase compared to the previous plan, aimed at building a new power system [3] - CITIC Securities indicated that the average annual investment by the State Grid during the 14th Five-Year Plan will reach 800 billion yuan, significantly higher than the previous plan's 650 billion yuan, focusing on ultra-high voltage and cross-regional transmission investments [4] Group 2: Aerospace Sector - The aerospace sector saw a rise, with stocks like AVIC (中航机载) and Aviation Power (航发动力) hitting the daily limit, following the successful landing of the Shenzhou 20 spacecraft [6] - The global aerospace industry is undergoing a paradigm shift towards increased privatization, with China's policy support expected to evolve from infrastructure development to guiding industry exploration in frontier areas [7] Group 3: Stock Performance - Fenglong Co. (锋龙股份) resumed trading and hit the daily limit again, marking its 14th consecutive limit-up, with a total increase of approximately 280% [8] - The company announced that its stock price has significantly deviated from its fundamentals, indicating potential risks of market overheating and irrational speculation [8]