Core Viewpoint - The company is focusing on strengthening its core business, improving operational efficiency, and enhancing its risk resistance capabilities, while being cautiously open to opportunities for external mergers and acquisitions to improve performance and create long-term value for investors [2][3][4]. Financial Performance - As of January 9, 2026, the company's stock closed at 29.55 yuan, down 2.83%, with a turnover rate of 5.45%, a trading volume of 77,100 shares, and a transaction amount of 228 million yuan [1]. Market Position and Comparison - The company is perceived to have a lower market value compared to peers such as Weimais and Futek, raising questions about whether this is due to a lack of investor return focus or inherent strength differences [3][5]. - The company acknowledges the challenges in market competition and is urged to explore strategic mergers with industry leaders to create more certain value for shareholders [3]. Investor Communication and Strategy - The company has received suggestions to enhance its market value management by learning from peers that have effectively communicated growth logic and utilized capital tools [2][3]. - The management emphasizes that stock prices are influenced by various complex factors, including macroeconomic conditions and market sentiment, and is committed to solidifying core competencies to create sustainable value for shareholders [4][5]. Capital Flow Insights - On January 9, there was a net outflow of 5.23 million yuan from major funds, indicating a trend of capital withdrawal from the stock [6][7].

Core Viewpoint - The company acknowledges that its stock price in the secondary market is influenced by various complex factors, including macroeconomic conditions, industry cycles, market environment, investor sentiment, and trading strategies [2] Group 1: Company Performance - The company is focused on strengthening its core business, improving operational efficiency, and enhancing its risk resistance capabilities [2] - Since 2025, the company has made initial progress in improving operating cash flow, iterating new products (such as the ninth-generation platform "Ruihu"), and controlling costs [2] - The company aims to create sustainable value for shareholders by solidifying its core competitiveness [2]

公司1月7日在交易所互动平台披露，截至最新（12月31日）股东户数为9385户，较上期（12月20日）减 少731户，环比下降7.23%。 恒帅股份股价创出历史新高，截至11:04，该股上涨9.53%，股价报147.03元，成交量255.52万股，成交 金额3.61亿元，换手率5.08%，该股最新A股总市值达164.68亿元，该股A股流通市值73.90亿元。 证券时报·数据宝统计显示，恒帅股份所属的汽车行业，目前整体涨幅为0.60%，行业内，目前股价上涨 的有153只，涨停的有交运股份、旭升集团等3只。股价下跌的有138只，跌幅居前的有ST八菱、索菱股 份、欣锐科技等，跌幅分别为4.54%、3.89%、3.29%。 两融数据显示，该股最新（1月8日）两融余额为2.89亿元，其中，融资余额为2.88亿元，近10日增加 3420.09万元，环比增长13.45%。 公司发布的三季报数据显示，前三季度公司共实现营业收入6.80亿元，同比下降3.47%，实现净利润 1.29亿元，同比下降21.07%，基本每股收益为1.1500元，加权平均净资产收益率9.67%。 （文章来源：证券时报网） ...

及再质押的公告 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。 证券代码：300745 证券简称：欣锐科技 公告编号：2026-002 深圳欣锐科技股份有限公司 关于公司控股股东之一致行动人部分股份解除质押 深圳欣锐科技股份有限公司(以下简称"公司")近日收到公司控股股东之一 致行动人新余市鑫奇迪科技有限公司（以下简称"鑫奇迪"）的通知，获悉其将 持有的公司部分股份办理了解除质押及再质押的手续，具体情况如下： 一、股东股份解除质押及再质押的情况 | 股东名称 | 是否为控股股东或 第一大股东及其一 | 本次解除质押股 份数量 | | 占其所持股份 比例 | 占公司总股 本比例 | 起始日 | 解除日期 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 致行动人 | | | | | | | | | 鑫奇迪 | 是 | 1,600,000 | | 57.73% | 0.95% | 2022-3-10 | 2026-1-6 | 国联民生证券 | | | | | | | | | | ...

Investment Rating - The report maintains a positive investment outlook on the power equipment sector, driven by the rapid development of AIDC and ongoing investments in grid construction [3]. Core Insights - The power system is expected to undergo a value and ecological transformation due to the surge in computing power demand driven by AI technology and applications [3]. - The report identifies two main demand drivers (increased electricity demand and enhanced power quality requirements) and three key sectors (generation, grid, and user) that will reshape the power system's value and ecology [3]. - The demand for gas turbines and energy storage solutions is expected to rise significantly due to the expansion of data centers and the need for reliable power supply [3]. - The global grid construction demand is increasing, particularly in regions with aging infrastructure, leading to heightened investment from utility companies [3]. - The report highlights the importance of companies with strong channel resources and technological advantages in capitalizing on these trends [3]. Summary by Sections AI Applications and Power System Transformation - The rapid development of AI applications is reshaping the value of the power system, with significant implications for electricity demand and supply efficiency [4][8]. - The report emphasizes the need for technological upgrades in power supply systems to meet the increasing demands of AI-driven applications [3]. Generation Side: Increased Electricity Demand - The global electricity demand from data centers is projected to reach 415 TWh in 2024 and 945 TWh by 2030, with a CAGR of approximately 15% [16]. - The report notes that the demand for gas turbines is rising as data centers explore on-site generation solutions to enhance energy efficiency and supply resilience [22][23]. - Companies like GE Vernova and Siemens Energy are experiencing a surge in gas turbine orders, indicating a robust market outlook [27][71]. Grid Side: Growing Construction Demand - Aging power grids in developed economies are under pressure, necessitating increased investment in infrastructure upgrades [54][56]. - The U.S. is launching initiatives to accelerate grid infrastructure projects to meet rising electricity demands driven by AI [58]. - European utility companies are also ramping up investments in grid infrastructure to address similar challenges [65]. User Side: Power Supply Technology Evolution - The report highlights a shift towards high-voltage and direct current (DC) power supply systems in data centers to accommodate rising power demands [81][90]. - Major tech companies are transitioning to DC power distribution systems to improve efficiency and support higher power densities [100][104].

Core Insights - The report from Huaxi Securities indicates that the demand for electrical equipment is entering a prosperous cycle driven by the rapid development of AIDC (AI Data Center) and continuous growth in grid construction investment [1][2] Group 1: Power Generation Side - The expansion of data centers is leading to an increasing contradiction between power supply and demand, necessitating enhanced power solutions, particularly for gas turbines and energy storage [3] - Gas turbines are currently the preferred choice in North America to alleviate power supply issues, with industry demand on the rise [3] - Owners can accelerate power supply assurance and rapid grid connection or expansion by configuring energy storage systems due to their construction cycle and supply capability advantages [3] Group 2: Grid Side - There is an increasing demand for global grid construction, especially in regions like Europe and North America where infrastructure is relatively weak [4] - Aging grid systems are putting pressure on the electrical grid, prompting U.S. utility companies and some European grid operators to increase investment in grid infrastructure [4] - Leading overseas power equipment companies such as Eaton, Hyundai Electric, and Siemens Energy have substantial orders on hand, while domestic companies are also increasing grid investment and expanding overseas [4] Group 3: User Side - The surge in AI computing power is driving AIDC towards high power consumption, which raises the requirements for power reliability and efficiency [5] - The power supply architecture is evolving towards higher voltage and direct current systems, with server power technology continuously iterating [5] - The transition from PowerShelf to PowerRack in server power systems is occurring against a backdrop of increasing power demands, suggesting that companies with technological advantages are likely to benefit [5] Group 4: Beneficiary Targets - Key beneficiaries include transformer and SST manufacturers such as Suyuan Electric, Jinpan Technology, Igor, Huaming Equipment, Shunma Electric, Sifang Co., and China West Electric [6] - Gas turbine and related component manufacturers include Dongfang Electric, Boying Welding, and Harbin Electric [6] - AI power companies include Xinle Energy, Keda, Magmeter, Oulu Tong, Zhongheng Electric, Hewei Electric, and Xinrui Technology [6] - Energy storage and related component manufacturers include Sunshine Power, Shangen Electric, Canadian Solar, CATL, Yiwei Lithium Energy, Penghui Energy, Xinwanda, and Zhongchuang Innovation [6]

每经头条（nbdtoutiao）——秒光！1499元飞天茅台上线即空，i茅台App冲上苹果购物榜第一，10万用 户已下单！经销商同价做回馈，1000箱很快卖完 （记者 曾健辉） 每经AI快讯，欣锐科技1月5日晚间发布公告称，深圳欣锐科技股份有限公司及子公司近期取得了由国 家知识产权局颁发的4项发明专利和7项实用新型专利证书。专利名称分别为"能量转换装置及车辆""能 量转换装置及车辆"等。 ...

关于取得专利证书的公告 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。 深圳欣锐科技股份有限公司 证券代码：300745 证券简称：欣锐科技 公告编号：2026-001 发明专利保护期限自申请日起二十年，实用新型专利保护期限自申请日起十 年。 1 上述专利的取得是公司重要核心技术的体现和延伸，本次专利的获得不会对 公司近期经营产生重大影响，但有利于公司进一步完善知识产权保护体系，发挥 自主知识产权优势；有利于推动公司持续创新能力，保持行业技术领先地位，提 升公司的核心竞争力。 | 海外授权发明专利 | 1 项 | | --- | --- | | 国内授权发明专利 | 项 125 | | 外观设计专利 | 项 36 | | 实用新型专利 | 561 项 | | 专利合计 | 项 723 | 截至本公告日，公司及子公司拥有的专利情况如下表所示： 特此公告。 深圳欣锐科技股份有限公司董事会 深圳欣锐科技股份有限公司（以下简称"公司"）及子公司近期取得了由国 家知识产权局颁发的 4 项发明专利和 7 项实用新型专利证书。具体情况如下： | 序 号 | 专利名称 | 专 ...

Group 1 - Wuhan Economic Development Zone held a signing event for 11 key projects with a total investment of 10.7 billion yuan, focusing on smart connected and electric vehicles, auto parts, green low-carbon, new materials, and intelligent manufacturing [1][8] - The Dito Automotive Parts Production and R&D Base project will produce key components for Geely, with an expected annual output value of 1.2 billion yuan upon full production [3] - The establishment of a joint venture, Visteon Xinyi (Wuhan) Automotive Electronics Co., aims to enhance automotive electronic product R&D capabilities in the region [4] Group 2 - The Baida Optoelectronics project plans to build a manufacturing base for high-voltage connection systems, with an expected annual output value of 2 billion yuan by 2030 [5] - The East Asia Synthetic project will enhance local automotive parts capabilities with a new production base and R&D center expected to start construction in 2026 [7] - Sunshine New Energy's project will focus on zero-carbon industrial platforms, while Wuhan Jinfa Technology will expand its new materials R&D and production base, both expected to contribute to local economic growth by 2026 [7]

Core Viewpoint - The company, Xinyi Technology, is expanding into the AI server power supply sector based on its expertise in power electronics, although this segment has not yet generated revenue [1] Group 1: Company Strategy - The company is committed to continuously expanding its market customer base [1] - The AI server power supply products are currently in the early stages of development [1] Group 2: Compliance and Disclosure - The company is fulfilling its information disclosure obligations in accordance with relevant laws and regulations [1] - All relevant information is published through channels designated by the China Securities Regulatory Commission [1]