为破解这一难题，今年六月，江苏省电力公司配网部、京东公司与国网宿迁供电公司宿豫供电服务中心 组建了专项团队。团队首先在帝景豪苑、湖山半岛等地开展试点，积累了丰富的实践数据，并据此编制 完成《低压备自投装置技术规范》及标准化运维手册。今年七月，团队又依据该规范在宿豫数字经济中 心开展试点验证，进一步确保了规范的可行性。 该规范明确了入网低压备自投装置的功能、性能等7项关键参数标准，为装置的选型、安装、调试及运 维提供了标准化指导，创新性地构建了覆盖"设备选型-安装调试-运维管理"的全流程标准体系，以标准 化建设赋能供电可靠性提升，推进国有企业改革深化提升行动落地见效。 扬子晚报网12月5日讯(通讯员陆媛媛张济凡记者高峰)日前，国网宿迁供电公司工作人员依据《低压备 自投装置技术规范》及标准化运维手册，在数秒内完成曹集变10千伏曹扬155线宿豫区数字经济中心三 遥低压备自投装置电源无感切换，这标志着江苏低压配电网智能化建设运维获突破性进展。 据测算，该装置在全省推广后，每年至少可减少低压停电超200万时户数，直接惠及3800万低压用户。 作为先行区，宿迁市宿豫区正以全省首个C类供电区域高可靠性示范区建设为契机，在1 ...

Core Viewpoint - The establishment of the South Network Industrial Fund, with a total scale of 14 billion yuan, aims to support the construction of a new power system and facilitate the green and low-carbon transformation of energy [2]. Group 1 - The South Network Industrial Fund is a collaboration between the South Network Industrial Group and ICBC Financial Asset Investment Co., Ltd., marking the first strategic fund specifically supporting national "dual carbon" projects [2]. - The fund will focus on major infrastructure, technological innovation, and key links in the industrial chain related to the new power system [2]. - This fund is the first of its kind with a scale exceeding 10 billion yuan, aiming to double the management scale of industrial funds for the company [2]. Group 2 - The fund represents a significant step in deepening the synergy between industry and finance, enhancing the efficient connection and deep integration of industrial resources and financial capital [2]. - It is also the first time the South Network has partnered with a banking financial institution to establish an industrial fund, expanding the boundaries of the industrial-financial ecosystem [2].

新浪声明：所有会议实录均为现场速记整理，未经演讲者审阅，新浪网登载此文出于传递更多信息之目 的，并不意味着赞同其观点或证实其描述。 生态环境部党组成员、副部长李高在央视《对话》栏目中表示，二十届四中全会非常明确的提出来一 个要求，要加快经济社会发展全面绿色转型，而NDC就体现了加快转型的鲜明的导向。 他介绍，制定NDC的这种过程当中，要做各种各样的测算。比如可再能源的风光的发展要能够发得 出，电网要接得住，最后用户要用的好，这需要各个部门在一起深入沟通和交流。考虑技术的可能性， 又考虑到转型的需要，最达到大家共同认可的水平。 他指出，在这个问题上也非常明确，可再能源的发展是未来新型电力系统建设的关键。实现碳中和的时 候，煤电在整个电力系统当中会占非常小的份额。 但李高也表示，这个变化是在几十年的过程当中发生。现在新电力系统的建设当中，对煤电的定位也已 经开始变化。原来强调更多的基础性电源，现在要向调节性、支撑性的电源来发展，它要有一个合理的 定位。 "我们整个电网系统要适应高比例可再生能源电力的要求，要为实现转型来提供服务。不是说可再能源 的发展要等着电网的建设，而是说电网要加快智能化的改造，来适应整个能源的 ...

Core Viewpoint - The A-share market experienced a downward trend on December 3, with the power sector showing resilience as certain ETFs related to clean energy and public utilities posted gains, indicating a potential investment opportunity in the energy sector [1] Group 1: Market Performance - The three major A-share indices collectively declined, while the public utility ETF (159301) rose by 0.52% and the green energy ETF (562550) increased by 0.27% [1] - Key power stocks such as Min Energy, Jingneng Power, and others saw collective gains, reflecting investor interest in the sector despite broader market declines [1] Group 2: Policy Developments - The National Energy Administration plans to establish seven standardized technical organizations focusing on various aspects of energy management, including greenhouse gas emissions and hydrogen energy, aimed at promoting innovation in the energy industry [1] - The National Development and Reform Commission and the National Energy Administration will release guidelines to ensure the reasonable consumption of 200 million kilowatts of new energy annually by 2030, reinforcing the commitment to large-scale development of renewable energy [1] Group 3: Investment Recommendations - Guosheng Securities recommends focusing on green power operators with advantageous resource locations, high project development efficiency, and low financing costs, particularly highlighting the relative advantages of offshore wind energy [1] - The report also suggests paying attention to flexible resources like thermal power, as well as investment opportunities in energy storage and virtual power plants [1]

未来电器投资者关系 证券简称：未来电器 证券代码：301386 编号：2025-002 投 资 者 关 系 活 动 类 别 □ 特定对象调研 □ 分析师会议 □ 媒体采访 业绩说明会 □ 新闻发布会 路演活动 □ 现场参观 □ 其他 (请文字说明其他活动内容) 参 与 单 位 名 称 及 人 员 姓 名 投资者网上提问 时 间 2025 年 12 月2 日(周二) 下午 15:30~17:00 地 点 公司通过全景网"投资者关系互动平台"（https://ir.p5w.net）采用网络 远程的方式召开业绩说明会 上 市 公 司 接 待 人 员 姓 名 1、董事会秘书：金增林先生 2、财务总监：吴飞飞先生 投资者关系 活动主要 内容介绍 公司就投资者在本次说明会中提出的问题进行了回复： Q1：虽然每股收益保持稳定增长，但注意到综合收益总额并未显著 增加。请问公司如何看待这一现象，并打算如何平衡收益增长和风险 控制，以满足股东的期望并维持市场的信心? A:尊敬的投资者您好！公司主营低压断路器附件产品，深耕低压断 路器行业多年，在行业内已形成了良好的口碑。公司朝着断路器附件 智能化方向发展，围绕国家新型电力系统建设 ...

Group 1 - The company reported a revenue of 129 million RMB for the six months ending September 30, 2025, representing a year-on-year decline of 30.1%, primarily due to a decrease in project numbers [1] - The company experienced a shareholder loss of approximately 71.31 million RMB, compared to a loss of about 13.99 million RMB in the same period last year, with a loss per share of 14.39 RMB [1] - The company is focusing on the accelerating transition of the power system towards new energy, identifying significant potential for innovation and upgrades in various aspects of electricity production, scheduling, measurement, marketing, and market transactions [1] Group 2 - The company operates in the integrated field of electricity, information, and the Internet of Things (IoT) [2] - The company developed the smart IoT product π芯 in 2013, which provides power and network services for sensing devices, enabling urban smart applications, data acquisition, and information dissemination [2]

Core Insights - Chongqing Qing'an Energy Co., Ltd. has rapidly evolved from a laboratory to a global player in the energy storage sector, contributing to China's "dual carbon" strategy and the construction of a new power system [1] Group 1: Company Overview - Established in September 2021, Qing'an Energy relies on the expertise of Academician Ouyang Minggao's team, which has over 20 years of experience in the new energy field [3] - The company has become a national high-tech enterprise, with 50% of its workforce engaged in R&D, and has invested over 90 million yuan in research and development [3] - Qing'an Energy has received over 200 patents and has been recognized as a "unicorn potential enterprise" and "unicorn seed enterprise" in Chongqing [3] Group 2: Product Innovation - Qing'an Energy launched two notable energy storage products this year, including the world's first direct cooling immersion energy storage system, developed in collaboration with Shell, which mitigates thermal runaway risks [4] - The high-capacity mobile energy storage system, capable of storing over 3,000 kWh and charging six electric vehicles simultaneously in 20 minutes, has received multiple orders and inquiries from overseas clients since its release in September [6] Group 3: Market Expansion and Collaboration - The company emphasizes deep integration of industry, academia, and research, collaborating with over ten universities, including Tsinghua University and the University of Malaya, to create a virtuous cycle of R&D, transformation, and implementation [7] - Qing'an Energy's products have been exported to countries such as Malaysia, Belgium, Poland, and Gambia, marking significant breakthroughs in both technology and product exports [7] Group 4: Future Outlook - The rise of more "Qing'an-style" enterprises is expected to strengthen Chongqing's industrial cluster in the new energy sector, continuously injecting innovative momentum into the national "dual carbon" strategy and the construction of a new power system [9]

下一步，国家发展改革委将根据修订后的输配电成本监审和定价办法，对省级电网、区域电网和跨省跨区专项工程开展成 本监审和价格核定等工作。 （编辑 郭之宸） 一是促进新能源消纳利用。通过在输配电价中引入容量机制，明确对新能源发电就近消纳等新业态实行单一容量制电价， 对以输送清洁能源电量为主的跨省跨区专项工程探索实行两部制或单一容量制电价，降低新能源交易成本，从而促进新能源更 大范围、更高水平利用。 二是促进电力安全保供。通过完善以联网互济功能为主的跨省跨区专项工程输电价格机制，支持电网加强互济通道建设， 增强全国电力负荷错峰、余缺互济和应急支援能力，促进整个电力系统安全平稳运行和效率提升。 三是促进电网企业降本增效。通过优化完善部分成本参数，推动电网企业强化内部管理。此外，根据近年来法律法规和会 计准则调整情况，对有关规定作了相应修改完善，以做好政策衔接和工作协同。 本报记者 杜雨萌 11月27日，国家发展改革委发布消息称，为进一步完善输配电价监管制度，近日，国家发展改革委修订了《输配电定价成 本监审办法》《省级电网输配电价定价办法》《区域电网输电价格定价办法》和《跨省跨区专项工程输电价格定价办法》四个 办法。 此 ...

文 | 国家发展和改革委员会 11月27日，国家发展改革委修订输配电成本监审和定价办法。 其中《输配电定价成本监审办法》再次明确，抽水蓄能电站、 新型储能电站、电网所属电厂成本费、独立核算的售电公司的成本费用等 不得计入输配电定价成本。 此次修订，一是 促进新能源消纳利用。通过在输配电价中引入容量机制， 明确对新能源发电就近消纳等新业态实行单一容量制电价， 对以输送清洁能源电量为主的跨省跨区专项工程探索实行两部制或单一容量制电价， 降低新能源交易成本，从而促进新能源更大范围、 更高水平利用。 《省级电网输配电价定价办法》则明确：电动汽车充换电服务等辅助性业务单位及"三产"资产，和抽水蓄能电站、 新型储能电站、电厂 资产，不得纳入可计提收益的固定资产范围。 《跨省跨区专项工程输电价格定价办法》：跨省跨区专项工程输电价格实行单一电量电价制。适应新型电力系统和全国统一电力市场建 设需要，对以输送清洁能源电量为主或以联网功能为主的跨省跨区专项工程，可探索通过两部制或单一容量制形成输电价格，加强全过 程监管。探索实行输电权交易，以进一步提升专项工程利用率、促进电力资源优化配置。 《区域电网输电价格定价办法》：区域电网准 ...

Core Insights - The report by IDC highlights the strong market position of Zhongneng Shibei in the Chinese power industry big data solutions market, with a market share of 11.2% in 2023 and an expected increase to 11.5% in 2024, showcasing a growth rate of 8.2% and 8.5% respectively [1][3] Market Overview - The Chinese power industry big data solutions market is projected to reach approximately 1.98 billion RMB in 2024, reflecting a year-on-year growth of 4.8%, indicating robust industry momentum [3] - The market structure has evolved into a dual framework of "comprehensive cloud vendors + specialized technology vendors," with leading companies dominating the development direction due to their technological depth and resource integration capabilities [3] Company Positioning - Zhongneng Shibei is recognized as a core representative of specialized technology vendors, leveraging its "technical depth + scene adaptability" to lead the market alongside major players like Huawei [3][4] - The company has established a comprehensive core technology system covering industrial intelligence operating systems, IoT, big data, and AI, adhering to principles of "independence, controllability, safety, and reliability" [3][4] Client Engagement - Zhongneng Shibei has served over 1,000 enterprise-level clients nationwide, including major power groups such as State Grid, Southern Power Grid, and Huaneng Group, and has contributed to over 20 national and industry standards in smart energy [4] Industry Trends - IDC predicts that the Chinese power industry will enter a sustained high-growth "super cycle" over the next decade, driven by factors such as AI data center expansion, export structure transformation, accelerated electrification, and new energy utilization [5] - The dual impact of policy incentives and market demand is expected to create a significant demand for high-quality power big data services, particularly in areas like smart grid and energy efficiency management [5] Strategic Initiatives - Zhongneng Shibei is strategically positioned to capitalize on industry opportunities by integrating cutting-edge technology with core mechanisms of the power sector, enhancing the stability of renewable energy integration through multi-energy complementarity solutions [6] - The company aims to continue its leadership in the industrial intelligence sector, focusing on technological innovation and customer value to support the construction of a new power system in China [6]