宝新能源股价下跌3.13%，员工持股计划将到期引关注

Core Viewpoint - The stock price of Baoneng New Energy (000690.SZ) experienced a decline of 3.13% on February 13, 2026, closing at 4.34 yuan, influenced by the upcoming expiration of employee stock ownership plans, overall market adjustments, and capital outflows [1] Group 1: Employee Stock Ownership Plans - The sixth and seventh phases of the employee stock ownership plans will expire on August 8 and August 23, 2026, respectively, holding a total of 26.8125 million shares, accounting for 1.23% of the total share capital [2] - The management committee plans to dispose of the held stocks at an appropriate time, which may impact market sentiment [2] Group 2: Market Environment - On February 13, the A-share market saw a correction, with the Shanghai Composite Index falling by 1.26% and the Shenzhen Component Index dropping by 1.28% [3] - The power sector, to which Baoneng New Energy belongs, declined by 1.34%, and the utilities sector fell by 1.29%, indicating that the company's stock performance aligned with the overall industry trend [3] Group 3: Capital Flows - On the same day, Baoneng New Energy experienced a net outflow of 57.0677 million yuan in principal funds, with a 27% outflow ratio, reflecting a portion of capital choosing to exit [4] Group 4: Company Fundamentals - According to the company's Q3 2025 report, Baoneng New Energy achieved a net profit attributable to shareholders of 821 million yuan in the first three quarters, representing a year-on-year growth of 38.62% [5] - There have been no significant negative disclosures regarding the company's fundamentals recently [5]