| 证券代码：688676 | 证券简称：金盘科技 | 公告编号：2026-011 | | --- | --- | --- | | 转债代码：118063 | 转债简称：金 05 转债 | | 海南金盘智能科技股份有限公司 关于 2025 年员工持股计划完成非交易过户的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 本次员工持股计划草案 | 时间：2025 8 日 | 年 | 月 29 | | | --- | --- | --- | --- | --- | | 披露时间及公告名称 | 公告名称：《海南金盘智能科技股份有限公司 | | | 2025 | | | 年员工持股计划（草案）》 | | | | | 过户完成时间 | 2026-01-22 | | | | | 过户价格、数量及占总股 | 过户价格：34.42 | | 元/股 | | | 本比例 | 过户数量：2,849,598，占总股本比例：0.62% | | | | 一、本期员工持股计划基本情况 | 序 | | | 拟认购份 | 占本员工持 股计 ...

Investment Rating - The report maintains an "Overweight" rating for the power equipment sector [6] Core Insights - The report highlights new opportunities in the photovoltaic industry driven by space solar power initiatives and rising prices of battery components [1][17] - It emphasizes the importance of supply-side reforms and technological advancements in creating long-term growth opportunities within the industry [1][19] - The report identifies key companies to watch in various segments, including supply chain price increases, new technology growth, and perovskite solar cell developments [1][19][21] Summary by Sections Photovoltaics - The price of multi-crystalline silicon n-type raw materials remains stable, with an average transaction price of 59,200 RMB per ton [17] - N-type battery cell prices have increased to 0.42 RMB per watt, with a price range of 0.40-0.43 RMB per watt [17] - The report notes that rising silver prices have led to increased component costs, with distributed component prices now ranging from 0.70 to 0.80 RMB per watt [17] - SpaceX and Tesla plan to achieve a combined solar manufacturing capacity of 200GW annually in the U.S. within three years, with 40GW dedicated to space solar power [1][18] - Key companies to focus on include Tongwei Co., GCL-Poly, LONGi Green Energy, JA Solar, and Trina Solar for supply-side reform opportunities [1][19] Wind Power & Grid - The Netherlands will launch a 1GW offshore wind project tender in September 2026, with a subsidy budget of approximately 32.45 billion RMB [19][20] - Turkey plans to initiate its first offshore wind tender by the end of 2026, aiming for 5GW of installed capacity by 2035 [19][20] - Southern Power Grid has set a fixed asset investment of 180 billion RMB for 2026, focusing on new power system construction and strategic emerging industries [20] - Companies to watch include Goldwind, Yunda, Mingyang Smart Energy, and Sany Heavy Energy in the wind turbine sector [20] Hydrogen Energy - A ceremony for the operation of 300 hydrogen fuel heavy trucks was recently held, showcasing advancements in hydrogen energy technology [3][21] - The trucks are equipped with a 130kW fuel cell system and can achieve a range of over 600 kilometers [3][21] - Key companies in this sector include Shuangliang Energy, Huadian Heavy Industry, and Shenghui Technology [3][21] Energy Storage - The report forecasts that new energy storage installations in China will reach 58.6GW/175.3GWh in 2025, a year-on-year increase of 38%/60% [4][22] - The average bid price for 2-hour energy storage systems is projected to be 0.55 RMB/Wh in 2025, down 16.9% from 2024 [4][22] - Companies to focus on include Sungrow Power, Canadian Solar, and Kehua Data for large-scale energy storage opportunities [4][22] New Energy Vehicles - CATL launched the "Tianxing II" series solutions for light commercial vehicles, including the industry's first intelligent battery management application [5][27] - The solutions cater to various scenarios, including high-frequency urban distribution and extreme temperature conditions [5][27] - Key companies in the battery sector include CATL, Penghui Energy, and Guoxuan High-Tech [5][29]

Core Viewpoint - The AI Fund Huazhong New Energy Theme Mixed A (014541) reported a profit of 4.5822 million yuan for Q4 2025, with a net asset value growth rate of 4.81% during the reporting period [2]. Fund Performance - As of January 21, the fund's unit net value was 1.15 yuan, with a one-year cumulative net value growth rate of 71.1%, the highest among its peers [2][3]. - The fund's performance over the last three months showed a growth rate of 15.98%, ranking 122 out of 689 comparable funds, while the six-month growth rate was 50.16%, ranking 70 out of 689 [3]. - The fund's three-year cumulative net value growth rate was 44.10%, ranking 58 out of 396 comparable funds [3]. Risk and Return Metrics - The fund's Sharpe ratio over the last three years was 0.7916, ranking 56 out of 383 comparable funds [7]. - The maximum drawdown over the last three years was 40.05%, with the largest single-quarter drawdown occurring in Q1 2024 at 23.65% [9]. Fund Holdings and Strategy - As of December 31, the fund's top ten holdings included companies such as Jiayuan Technology, Putailai, and Tianci Materials [16]. - The fund maintained an average stock position of 84.26% over the last three years, slightly above the peer average of 84.04% [12]. - The fund manager expressed optimism about the lithium battery sector, anticipating stable growth in demand over the next 3-5 years and potential price reversals for upstream lithium materials [2].

每经头条（nbdtoutiao）——地方国资开始"抄底"法拍房！单价六七千元"扫货"广州南沙区超60套房 源，同小区二手房挂牌均价逾2万元 （记者 曾健辉） 每经AI快讯，金盘科技1月23日晚间发布公告称，海南金盘智能科技股份有限公司董事会于2026年1月 23日收到公司副总裁陈伟先生、黄道军先生、彭丽芳女士递交的《关于辞去公司副总裁职务的报告》， 陈伟先生、黄道军先生、彭丽芳女士因个人工作调整，申请辞去公司副总裁职务，陈伟先生、黄道军先 生、彭丽芳女士仍在公司担任其它职务，报告自送达公司董事会之日起生效。 ...

耿潇，1985 年出生，中国国籍，无境外永久居留权，毕业于浙江大学电机与 电器专业，硕士研究生学历，拥有电气高级工程师职称。2011 年 4 月至 2012 年 12 月，担任公司研发二部小组长；2013 年 1 月至 2016 年 12 月，担任桂林君泰 福电气有限公司总经理助理；2017 年 1 月至今，担任智能科技研究院院长、总 经理。 刘玲，1968 年出生，中国国籍，无境外永久居留权，毕业于哈尔滨电工学院 机械设计与制造专业，本科学历，拥有高级工程师职称。1992 年 8 月至 2003 年 9 月，就职于哈尔滨大电机研究所水轮机室；2003 年 10 月至 2005 年 6 月，担任 海南立升净水科技有限公司工程师；2005 年 8 月至 2012 年，担任公司出口事业 部外壳组负责人；2012 年至 2019 年 3 月，担任公司标准化管理部标准化专员； 1 2019 年 3 月至 2025 年 1 月，担任智能科技研究院工业软件部数字化研发负责 人；2025 年 1 月至今担任智能科技研究院业务系统规划工程师。 (二) 知识产权情况 浙商证券股份有限公司 关于海南金盘智能科技股份有限公司 核心 ...

海南金盘智能科技股份有限公司 关于公司副总裁离任及核心技术人员变动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 海南金盘智能科技股份有限公司（以下简称"公司"）董事会于 2026 年 1 月 23 日收到公司副总裁陈伟先生、黄道军先生、彭丽芳女士递交的《关于辞去 公司副总裁职务的报告》，陈伟先生、黄道军先生、彭丽芳女士因个人工作调整， 申请辞去公司副总裁职务，陈伟先生、黄道军先生、彭丽芳女士仍在公司担任其 它职务，报告自送达公司董事会之日起生效。 根据公司"十五五"战略规划，为全面推动企业数字化制造向智能制造升级， 进一步强化人工智能与制造业的深度融合，公司现对核心技术团队结构进行相应 优化调整。原核心技术人员耿潇先生、刘玲女士主要负责公司数字化工厂整体解 决方案业务及相关研发工作，因公司战略重心向智能制造系统集成与人工智能创 新应用聚焦，二人不再认定为公司核心技术人员，但仍继续在公司任职，其岗位 职责不变，持续发挥其专业能力。本次调整是公司顺应智能制造发展需要、优化 人才布局的战略安排，不会对公司的 ...

金盘科技公告称，根据"十五五"战略规划，公司对核心技术团队结构进行优化调整，原核心技术人员耿 潇、刘玲不再认定为核心技术人员，但仍继续任职，岗位职责不变。耿潇直接持有公司股份5000股，刘 玲未持股，二人参与申请的专利所有权均属公司，不存在权属纠纷。截至2025年6月30日，公司研发人 员402人，占比17.23%。本次调整不会对公司日常经营、核心竞争力与持续经营能力产生重大不利影 响，保荐机构无异议。 ...

【招商电新】马总信息快递1.23 马斯克在2026世界经济论坛发言30多分钟，内容多，主要谈到： 1、 机器人大规模量产，造福人类，26年能做更复杂的任务，27年底可能大量售卖机器人； 2、 光伏是最好的能源方案，未来SpaceX会发射太阳能AI卫星，SpaceX与Tesla将在美国建设100GW光伏产能；未 来要建设太空光伏基地来部署数据中心 3、 全自动驾驶走向应用和普及，特斯拉保险更便宜；美国无人驾驶 【招商电新】马总信息快递1.23 马斯克在2026世界经济论坛发言30多分钟，内容多，主要谈到： 1、 机器人大规模量产，造福人类，26年能做更复杂的任务，27年底可能大量售卖机器人； 相关公司 太空光伏：钧达股份、帝科股份、春晖智控； 关注：东方日升、上海港湾、海优新材 光伏设备（机械联合）：迈为股份、奥特维 机器人（机械联合）：凯迪股份、震裕科技、信捷电气、美湖股份、福赛科技 北美电力设备：思源电气、伊戈尔、金盘科技、神马电力等 2、 光伏是最好的能源方案，未来SpaceX会发射太阳能AI卫星，SpaceX与Tesla将在美国建设100GW光伏产能；未 来要建设太空光伏基地来部署数据中心 3、 全自动 ...

Group 1 - The core viewpoint of the news is that Jinpan Technology has shown a positive stock performance and financial growth, with significant increases in revenue and net profit year-on-year [1][2]. - As of January 23, Jinpan Technology's stock price increased by 2.16% to 100.76 CNY per share, with a total market capitalization of 46.328 billion CNY [1]. - The company has experienced a stock price increase of 11.53% year-to-date, with notable gains of 33.28% over the past 60 days [1]. Group 2 - For the period from January to September 2025, Jinpan Technology achieved a revenue of 5.194 billion CNY, representing a year-on-year growth of 8.25%, and a net profit of 486 million CNY, which is a 20.27% increase compared to the previous year [2]. - The company has distributed a total of 713 million CNY in dividends since its A-share listing, with 543 million CNY distributed over the past three years [3]. - As of September 30, 2025, the number of shareholders decreased by 19.18% to 14,900, while the average number of circulating shares per person increased by 23.87% to 30,893 shares [2].

Group 1: Convertible Bond Market - The convertible bond market valuation is at a historical extreme level, with a pricing deviation indicator of 12.83% as of January 16, 2026, placing it in the 99.9th percentile since 2018 and 2021 [5][6] - The short-term drivers for the elevated valuation include a strong performance in the equity market, which has led to rising convertible bond prices and premium rates, and an influx of funds driven by demand for rights assets [5] - The current valuation is considered high, increasing systemic vulnerability, and investors are advised to be cautious and avoid high-priced and high-premium varieties, focusing instead on the sustainability of the underlying stock fundamentals [5][6] Group 2: Electric Power Equipment Industry - The electric power equipment sector is projected to focus on AIDC (Artificial Intelligence Data Center) and electricity shortages as core investment themes for 2026 [7][8] - The sector has outperformed the market, with a cumulative increase of 33.6% compared to a 17.7% rise in the CSI 300 index as of December 31, 2025 [8] - Investment recommendations include companies like Zhongheng Electric, Kehua Data, and Keda, which are expected to benefit from the growing demand for HVDC (High Voltage Direct Current) solutions and the global electricity construction backdrop [8] Group 3: Real Estate Market - The real estate market is experiencing a decline, with new home sales down 12.6% year-on-year, and related development investment indicators showing accelerated declines [9] - Predictions for 2026 include a 10% decrease in new construction area to 530 million square meters and a 10.9% drop in real estate development investment to 7.57 trillion yuan [9] - The report maintains an "overweight" rating for the sector, emphasizing the importance of policy support and the potential for recovery in specific urban markets, particularly first-tier and select second-tier cities [9] Group 4: Textile and Apparel Industry - Chow Tai Fook reported a 17.8% year-on-year increase in retail value for FY2026 Q3, indicating strong same-store sales growth [11][13] - The company is focusing on optimizing product design and channel operations, which is expected to enhance consumer engagement [13] - Profit forecasts for FY2026 to FY2028 project net profits of 7.575 billion, 8.559 billion, and 9.646 billion HKD respectively, with a PE ratio of 18 times for FY2026, maintaining a "buy" rating [13]