电力设备及新能源行业周报：宇树科技完成IPO辅导，两部委下发新能源消纳和调控指导意见-20251119

Investment Rating - The report maintains an investment rating of "Synchronize with the market - A" for the electric equipment and new energy industry [1]. Core Viewpoints - Tesla plans to expand its Texas Gigafactory, aiming to establish a production base for the Optimus humanoid robot with an annual capacity of 10 million units by 2027 [1]. - The completion of IPO guidance for Yushu Technology has been reported, indicating progress in the company's public offering process [1]. - The National Energy Administration has issued guidelines to promote the integrated development of new energy, emphasizing the importance of reliable replacement levels and market competitiveness by 2030 [2]. - The National Development and Reform Commission and the National Energy Administration have released guidance on new energy consumption and regulation, aiming to establish a multi-level consumption regulation system by 2030 [3]. Summary by Relevant Sections Market Performance - The report highlights the recent market performance of the electric equipment and new energy industry, noting significant developments such as Tesla's expansion plans and Yushu Technology's IPO progress [1][2]. Price Tracking - The report provides price tracking data for polysilicon, silicon wafers, battery cells, and modules, indicating stable prices for polysilicon and slight declines in silicon wafer prices due to weak demand [5][7][8]. - The average price of polysilicon remains at 52.0 CNY/kg, while silicon wafer prices have decreased by 3.7% for N-type wafers [5][7]. Investment Recommendations - The report recommends several companies based on different strategic focuses, including: - BC new technology: Aishuo Co., Longi Green Energy - Supply-side focus: Daqian Energy, Fulete - Light storage direction: Sunshine Power, Deyi Co. - Market-oriented direction: Langxin Group - Domestic substitution: Quartz Co. - Overseas layout: Hengdian East Magnetic, Bowei Alloy [9].